NASDAQ:CLBK

Columbia Financial (CLBK) Stock Forecast, Price & News

$15.70

+0.12 (+0.77%)

(As of 12:02 PM ET)

Compare

Today's Range: $15.54
▼
$15.77
50-Day Range: $15.46
▼
$18.78
52-Week Range: $14.11
▼
$22.37

Volume: 20,177 shs
Average Volume: 177,909 shs
Market Capitalization: $1.65 billion

P/E Ratio: 26.17
Dividend Yield: N/A
Price Target: N/A

Columbia Financial MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
12.18% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.11
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4.35%
From $0.46 to $0.48 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

0.80 out of 5 stars

Finance Sector

870th out of 871 stocks

Federal Savings Institutions Industry

39th out of 39 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Columbia Financial.

0.0

Short Interest

Percentage of Shares Shorted
12.18% of the float of Columbia Financial has been sold short.
Short Interest Ratio / Days to Cover
Columbia Financial has a short interest ratio ("days to cover") of 28.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Columbia Financial has recently increased by 13.99%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Columbia Financial does not currently pay a dividend.
Dividend Growth
Columbia Financial does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CLBK.

1.1

News and Social Media Coverage

News Sentiment
Columbia Financial has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Columbia Financial this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Columbia Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.50% of the stock of Columbia Financial is held by insiders.
Percentage Held by Institutions
Only 13.06% of the stock of Columbia Financial is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Columbia Financial are expected to grow by 4.35% in the coming year, from $0.46 to $0.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Columbia Financial is 25.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Columbia Financial is 25.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 71.59.
Price to Book Value per Share Ratio
Columbia Financial has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Columbia Financial (NASDAQ:CLBK) Stock

Columbia Financial, Inc., a bank holding company, provides financial services to businesses and consumers in the United States. The company offers non-interest-bearing demand deposits, interest bearing demand accounts, savings and club accounts, money market accounts, and certificates of deposit. It also provides loans, including multifamily and commercial real estate loans, commercial business loans, one-to-four family residential loans, construction loans, home equity loans and advances, and other consumer loans that include automobiles and personal loans, as well as unsecured and overdraft lines of credit. In addition, the company offers title insurance products; wealth management services; and cash management services, including remote deposit, lockbox service, and sweep accounts. It operates full-service banking offices in New Jersey; and branch offices in Freehold, New Jersey. The company was founded in 1927 and is headquartered in Fair Lawn, New Jersey. Columbia Financial, Inc. is a subsidiary of Columbia Bank MHC.

CLBK Price History

30 days | 90 days | 365 days | Advanced Chart

CLBK Stock News Headlines

September 29, 2023 | msn.com

$725K Brick-Front Colonial In Columbia Sports Several Fireplaces

September 25, 2023 | msn.com

Columbia's payment center to host Friday fundraisers for breast cancer awareness

September 29, 2023 | PressReach (Ad)

Uranium Prices Surge as Nuclear Energy Becomes Key

Renewed interest in uranium and rising prices have created a favorable environment for new projects.

September 19, 2023 | msn.com

Columbia city council approves $506 million budget with provisions for union worker benefits and adjusted drug test policies

September 18, 2023 | benzinga.com

Columbia Care Raises $25M In Subscription Agreements To Fuel Growth Strategy

September 11, 2023 | news.yahoo.com

Parties with ownership stake in Columbia Mall listed as defendants in foreclosure case

September 8, 2023 | msn.com

Columbia Business professor talks commercial real estates 'doom loop'

September 4, 2023 | news.yahoo.com

Columbia County storm damage assessment and important information for emergency assistance

September 29, 2023 | PressReach (Ad)

Uranium Prices Surge as Nuclear Energy Becomes Key

Renewed interest in uranium and rising prices have created a favorable environment for new projects.

July 26, 2023 | finance.yahoo.com

Columbia Financial (CLBK) Q2 Earnings and Revenues Lag Estimates

July 26, 2023 | finance.yahoo.com

Columbia Financial, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2023

July 19, 2023 | finance.yahoo.com

Earnings Preview: Columbia Financial (CLBK) Q2 Earnings Expected to Decline

July 19, 2023 | finance.yahoo.com

Columbia Financial (NASDAQ:CLBK) jumps 3.9% this week, though earnings growth is still tracking behind three-year shareholder returns

July 8, 2023 | finance.yahoo.com

CLBK - Columbia Financial, Inc.

July 6, 2023 | msn.com

Columbia County BOE looks to set millage rate, increase property taxes

July 5, 2023 | msn.com

Is the Options Market Predicting a Spike in Columbia Financial (CLBK) Stock?

May 25, 2023 | msn.com

Columbia Financial announces sixth stock repurchase program

May 25, 2023 | finance.yahoo.com

Columbia Financial, Inc. Announces Sixth Stock Repurchase Program

April 29, 2023 | finance.yahoo.com

Analysts Have Just Cut Their Columbia Financial, Inc. (NASDAQ:CLBK) Revenue Estimates By 15%

April 26, 2023 | finance.yahoo.com

Columbia Financial, Inc. Announces Financial Results for the First Quarter Ended March 31, 2023

April 26, 2023 | finance.yahoo.com

Columbia Financial (CLBK) Q1 Earnings Match Estimates

April 21, 2023 | msn.com

USC renames dorm for Celia Dial Saxon, a celebrated Columbia educator during Jim Crow

April 20, 2023 | finance.yahoo.com

Primis Financial (FRST) Earnings Expected to Grow: Should You Buy?

April 19, 2023 | technews.tmcnet.com

Columbia Overseas Value Fund Celebrates 15-Year Anniversary

April 19, 2023 | finance.yahoo.com

Analysts Estimate Columbia Financial (CLBK) to Report a Decline in Earnings: What to Look Out for

April 16, 2023 | yahoo.com

Development executive leaves Columbia County to lead SRS nonprofit

April 14, 2023 | msn.com

Columbia Housing has a 'clean bill of finances' for the upcoming fiscal year

See More Headlines

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CLBK Company Calendar

Last Earnings: 7/26/2023
Today: 9/29/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Federal savings institutions
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:CLBK
CUSIP: N/A
CIK: 1723596
Web: www.columbiabankonline.com
Phone: (800) 522-4167
Fax: N/A
Employees: 748
Year Founded: 1993

Profitability

EPS (Most Recent Fiscal Year): $0.60
Trailing P/E Ratio: 25.97
Forward P/E Ratio: 33.87
P/E Growth: N/A
Net Income: $86.17 million
Net Margins: 16.63%
Pretax Margin: 22.41%
Return on Equity: 7.37%
Return on Assets: 0.74%

Debt

Debt-to-Equity Ratio: 1.10
Current Ratio: 0.99
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $340.07 million
Price / Sales: 4.83
Cash Flow: $1.03 per share
Price / Cash Flow: 15.08
Book Value: $9.62 per share
Price / Book: 1.62

Miscellaneous

Outstanding Shares: 105,370,000
Free Float: 102,738,000
Market Cap: $1.64 billion
Optionable: Optionable
Beta: 0.21

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Key Executives

Mr. Thomas J. Kemly (Age 65)
Pres, CEO & Director
Comp: $1.66M

Mr. Dennis E. Gibney C.F.A. (Age 49)
CFA, Exec. VP & CFO
Comp: $763k

Mr. Edward Thomas Allen Jr. (Age 66)
Sr. Exec. VP & COO
Comp: $941.99k

Mr. John Klimowich (Age 60)
Exec. VP & Chief Risk Officer
Comp: $666.69k

Ms. Allyson Katz Schlesinger (Age 51)
Exec. VP & Head of Consumer Banking
Comp: $730.02k

Mr. W. Justin Jennings (Age 41)
Exec. VP of Operations & Operations Officer
Comp: $524.5k

Mr. Manesh Balachandran Prabhu
Exec. VP & Chief Information Officer

Ms. Jenifer W. Walden
Exec. VP & Chief HR Officer

Mr. Oliver Edward Lewis Jr. (Age 58)
Exec. VP & Head of Commercial Banking

Mr. Matthew William Rickert
Exec. VP & Chief Credit Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CLBK Stock - Frequently Asked Questions

How have CLBK shares performed in 2023?: Columbia Financial's stock was trading at $21.62 at the beginning of 2023. Since then, CLBK shares have decreased by 27.9% and is now trading at $15.58.
View the best growth stocks for 2023 here.
Are investors shorting Columbia Financial?: Columbia Financial saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,340,000 shares, an increase of 14.0% from the August 31st total of 2,930,000 shares. Based on an average daily trading volume, of 118,900 shares, the days-to-cover ratio is currently 28.1 days. Approximately 12.2% of the shares of the company are short sold.
View Columbia Financial's Short Interest.
When is Columbia Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our CLBK earnings forecast.
How were Columbia Financial's earnings last quarter?: Columbia Financial, Inc. (NASDAQ:CLBK) issued its quarterly earnings results on Wednesday, July, 26th. The company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.01. The firm had revenue of $50.61 million for the quarter, compared to analysts' expectations of $64.30 million. Columbia Financial had a trailing twelve-month return on equity of 7.37% and a net margin of 16.63%.
What ETFs hold Columbia Financial's stock?: ETFs with the largest weight of Columbia Financial (NASDAQ:CLBK) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA).Vanguard U.S. Minimum Volatility ETF (VFMV).
What other stocks do shareholders of Columbia Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Columbia Financial investors own include Kearny Financial (KRNY), MBIA (MBI), Bristol-Myers Squibb (BMY), Walt Disney (DIS), Consolidated Edison (ED), Enbridge (ENB), International Business Machines (IBM), KeyCorp (KEY) and Altria Group (MO).

What is Columbia Financial's stock symbol?: Columbia Financial trades on the NASDAQ under the ticker symbol "CLBK."
How do I buy shares of Columbia Financial?: Shares of CLBK 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.
Compare Top Brokerages Here.
What is Columbia Financial's stock price today?: One share of CLBK stock can currently be purchased for approximately $15.58.
How much money does Columbia Financial make?: Columbia Financial (NASDAQ:CLBK) has a market capitalization of $1.64 billion and generates $340.07 million in revenue each year. The company earns $86.17 million in net income (profit) each year or $0.60 on an earnings per share basis.
How many employees does Columbia Financial have?: The company employs 748 workers across the globe.
How can I contact Columbia Financial?: Columbia Financial's mailing address is 19-01 Route 208 North, Fair Lawn NJ, 07140. The official website for the company is www.columbiabankonline.com. The company can be reached via phone at (800) 522-4167.

This page (NASDAQ:CLBK) was last updated on 9/29/2023 by MarketBeat.com Staff

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