NASDAQ:BANR - Banner Stock Price, Forecast & News

Banner trades on the NASDAQ under the ticker symbol "BANR."

Banner announced a quarterly dividend on Wednesday, September 25th. Investors of record on Wednesday, October 9th will be paid a dividend of $0.41 per share on Friday, October 18th. This represents a $1.64 annualized dividend and a yield of 3.01%. The ex-dividend date is Tuesday, October 8th. View Banner's Dividend History.

Banner declared that its Board of Directors has initiated a stock repurchase program on Thursday, March 29th 2018, which permits the company to buyback 1,620,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Banner Co. (NASDAQ:BANR) announced its quarterly earnings results on Wednesday, October, 23rd. The financial services provider reported $1.15 EPS for the quarter, beating analysts' consensus estimates of $1.05 by $0.10. The financial services provider earned $137.49 million during the quarter, compared to analyst estimates of $136.12 million. Banner had a net margin of 24.84% and a return on equity of 10.08%. View Banner's Earnings History.

Banner is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for Banner.

3 Wall Street analysts have issued 1 year price objectives for Banner's shares. Their forecasts range from $56.00 to $62.00. On average, they anticipate Banner's stock price to reach $59.00 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Banner.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banner in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Banner.

Media coverage about BANR stock has trended somewhat negative on Monday, according to InfoTrie. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Banner earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Banner.

Banner saw a drop in short interest during the month of October. As of October 15th, there was short interest totalling 469,900 shares, a drop of 25.9% from the September 15th total of 634,300 shares. Based on an average trading volume of 177,500 shares, the short-interest ratio is presently 2.6 days. Approximately 1.4% of the company's stock are sold short. View Banner's Current Options Chain.

Some companies that are related to Banner include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Banner investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Apollo Commercial Real Est. Finance (ARI) and Graham (GHM).

Banner's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.55%), Stifel Financial Corp (1.05%), Russell Investments Group Ltd. (0.95%), Rice Hall James & Associates LLC (0.60%), Monarch Partners Asset Management LLC (0.45%) and Millennium Management LLC (0.39%). Company insiders that own Banner stock include Brent A Orrico, Cheryl R Bishop, Cynthia D Purcell, John R Layman, Kenneth A Larsen, Kevin F Riordan, Peter Conner and Steven W Rust. View Institutional Ownership Trends for Banner.

BANR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, State Street Corp, Boston Partners, Squarepoint Ops LLC, Russell Investments Group Ltd., Rice Hall James & Associates LLC, Merriman Wealth Management LLC and FSI Group LLC. Company insiders that have sold Banner company stock in the last year include Brent A Orrico, Cheryl R Bishop, Cynthia D Purcell, John R Layman and Steven W Rust. View Insider Buying and Selling for Banner.

BANR stock was acquired by a variety of institutional investors in the last quarter, including Monarch Partners Asset Management LLC, Man Group plc, Stifel Financial Corp, California Public Employees Retirement System, State of Alaska Department of Revenue, State of Tennessee Treasury Department, Rhumbline Advisers and SG Americas Securities LLC. View Insider Buying and Selling for Banner.

Shares of BANR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of BANR stock can currently be purchased for approximately $54.51.

Banner has a market capitalization of $1.86 billion and generates $544.70 million in revenue each year. The financial services provider earns $136.51 million in net income (profit) each year or $4.09 on an earnings per share basis. Banner employs 2,187 workers across the globe.View Additional Information About Banner.

The official website for Banner is http://www.bannerbank.com/.

Banner's mailing address is 10 S FIRST AVENUE, WALLA WALLA WA, 99362. The financial services provider can be reached via phone at 509-527-3636 or via email at [email protected]