Banner - BANR Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Banner in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BANR shares.
View BANR analyst ratings or view top-rated stocks.

3 brokers have issued 12-month price targets for Banner's shares. Their BANR share price forecasts range from $65.00 to $70.00. On average, they expect the company's share price to reach $67.60 in the next twelve months. This suggests a possible upside of 1.7% from the stock's current price.
View analysts price targets for BANR or view top-rated stocks among Wall Street analysts.

Banner's stock was trading at $63.20 at the beginning of 2023. Since then, BANR shares have increased by 5.1% and is now trading at $66.44.
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Banner saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 811,900 shares, an increase of 13.6% from the December 31st total of 714,900 shares. Based on an average daily volume of 180,600 shares, the days-to-cover ratio is currently 4.5 days. Approximately 2.4% of the shares of the company are sold short.
View Banner's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 19th 2023.
View our BANR earnings forecast.

Banner Co. (NASDAQ:BANR) released its quarterly earnings data on Tuesday, October, 19th. The financial services provider reported $1.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.29. The financial services provider earned $155.48 million during the quarter, compared to analyst estimates of $142.45 million. Banner had a net margin of 30.16% and a trailing twelve-month return on equity of 13.25%. During the same period in the previous year, the company posted $1.04 EPS.

Banner announced a quarterly dividend on Thursday, January 19th. Investors of record on Thursday, February 2nd will be paid a dividend of $0.48 per share on Monday, February 13th. This represents a $1.92 annualized dividend and a dividend yield of 2.89%. The ex-dividend date is Wednesday, February 1st. This is an increase from the stock's previous quarterly dividend of $0.44.
Read our dividend analysis for BANR.

Banner (NASDAQ:BANR) pays an annual dividend of $1.92 per share and currently has a dividend yield of 2.89%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BANR will have a dividend payout ratio of 30.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BANR.

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), Apollo Commercial Real Estate Finance (ARI), Graham (GHM) and NextEra Energy Partners (NEP).

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

Banner's stock is owned by many different retail and institutional investors. Top institutional shareholders include New York State Common Retirement Fund (0.72%), Fort Washington Investment Advisors Inc. OH (0.71%), Ziegler Capital Management LLC (0.57%), Peregrine Capital Management LLC (0.46%), Allspring Global Investments Holdings LLC (0.38%) and Phocas Financial Corp. (0.30%). Insiders that own company stock include David I Matson, James PG Mclean, Kenneth William Johnson, Kevin F Riordan, Peter Conner, Roberto R Herencia and Steven W Rust.
View institutional ownership trends.

Shares of BANR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BANR stock can currently be purchased for approximately $66.44.

Banner (NASDAQ:BANR) has a market capitalization of $2.27 billion and generates $647.82 million in revenue each year. The financial services provider earns $195.38 million in net income (profit) each year or $5.67 on an earnings per share basis.

The company employs 1,935 workers across the globe.

Banner's mailing address is 10 S FIRST AVENUE, WALLA WALLA WA, 99362. The official website for the company is www.bannerbank.com. The financial services provider can be reached via phone at (509) 527-3636, via email at rich.arnold@bannerbank.com, or via fax at 509-526-8898.