NASDAQ:CLBK

Columbia Financial Stock Forecast, Price & News

$18.04

+0.06 (+0.33 %)

(As of 07/30/2021 12:00 AM ET)

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Today's Range

$17.84

▼

$18.09

50-Day Range

$16.37

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$18.04

52-Week Range

$10.27

▼

$18.81

Volume108,141 shs

Average Volume128,605 shs

Market Capitalization$1.96 billion

P/E Ratio22.84

Dividend YieldN/A

Beta0.36

30 days | 90 days | 365 days | Advanced Chart

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About Columbia Financial

Columbia Financial, Inc. operates as the bank holding company for Columbia Bank that provides financial services to businesses and consumers in the United States. The company offers non-interest-bearing demand deposits, such as individual and commercial checking accounts; interest bearing demand accounts comprising interest earning checking accounts and municipal accounts; and 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. As of December 31, 2020, it operated 61 full-service banking offices in twelve of New Jersey's 21 counties. The company was founded in 1927 and is headquartered in Fair Lawn, New Jersey. Columbia Financial, Inc. operates as a subsidiary of Columbia Bank MHC.

Columbia Financial, Inc. Announces the Appointment of Daria Torres to its Board of Directors
July 29, 2021 | feeds.benzinga.com

Columbia Financial (NASDAQ:CLBK) Posts Earnings Results, Beats Expectations By $0.07 EPS
July 29, 2021 | americanbankingnews.com

Columbia Financial (CLBK) to Report Q2 Results: Wall Street Expects Earnings Growth
July 28, 2021 | finance.yahoo.com

Columbia Financial (CLBK) Surpasses Q2 Earnings and Revenue Estimates
July 28, 2021 | finance.yahoo.com

Columbia Financial, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2021
July 28, 2021 | finance.yahoo.com

If You Had Bought Columbia Financial (NASDAQ:CLBK) Shares A Year Ago You'd Have Earned 34% Returns
July 10, 2021 | finance.yahoo.com

Columbia Financial (CLBK) to Buy Freehold Bank, To Grow Presence
June 21, 2021 | finance.yahoo.com

Columbia Financial, Inc. to Acquire Freehold Bank
June 17, 2021 | benzinga.com

Columbia Financial, Inc. Common Stock (CLBK)
June 10, 2021 | nasdaq.com

Columbia Financial (CLBK) Sees Hammer Chart Pattern: Time to Buy?
May 25, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CLBK
Previous Symbol
CUSIPN/A
CIK1723596
Webwww.columbiabankonline.com
Phone800-522-4167
Employees557
Year FoundedN/A

Sales & Book Value

Annual Sales$326.98 million
Price / Sales5.99
Cash Flow$0.66 per share
Price / Cash Flow27.30
Book Value$8.98 per share
Price / Book2.01

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares108,610,000
Market Cap$1.96 billion
Next Earnings Date11/4/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.21 out of 5 stars

1.3 Analyst's Opinion

Consensus Rating
Columbia Financial has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.25, Columbia Financial has a forecasted downside of 9.9% from its current price of $18.04.
Amount of Analyst Coverage
Columbia Financial has only been the subject of 1 research reports in the past 90 days.

4.8 Community Rank

Outperform Votes
Columbia Financial has received 133 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Columbia Financial has received 54 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Columbia Financial has received 71.12% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Columbia Financial and other stocks. Vote “Outperform” if you believe CLBK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CLBK will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

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 2.20% of the stock of Columbia Financial is held by insiders.
Percentage Held by Institutions
Only 17.73% of the stock of Columbia Financial is held by institutions.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Columbia Financial are expected to decrease by -13.79% in the coming year, from $0.87 to $0.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Columbia Financial is 22.84, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Columbia Financial is 22.84, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.29.
Price to Book Value per Share Ratio
Columbia Financial has a P/B Ratio of 2.01. 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

Columbia Financial (NASDAQ:CLBK) Frequently Asked Questions

Is Columbia Financial a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Columbia Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Columbia Financial stock.
View analyst ratings for Columbia Financial or view top-rated stocks.

What stocks does MarketBeat like better than Columbia Financial?

Wall Street analysts have given Columbia Financial a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Columbia Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Columbia Financial?

Columbia Financial saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,520,000 shares, a decrease of 20.4% from the June 15th total of 1,910,000 shares. Based on an average daily volume of 187,600 shares, the short-interest ratio is presently 8.1 days. Approximately 3.9% of the shares of the company are short sold.
View Columbia Financial's Short Interest.

When is Columbia Financial's next earnings date?

Columbia Financial is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Columbia Financial.

How were Columbia Financial's earnings last quarter?

Columbia Financial, Inc. (NASDAQ:CLBK) posted its quarterly earnings data on Wednesday, July, 28th. The company reported $0.27 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.20 by $0.07. Columbia Financial had a trailing twelve-month return on equity of 8.75% and a net margin of 25.94%.
View Columbia Financial's earnings history.

How has Columbia Financial's stock been impacted by COVID-19 (Coronavirus)?

Columbia Financial's stock was trading at $14.25 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CLBK stock has increased by 26.6% and is now trading at $18.04.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for CLBK?

2 Wall Street analysts have issued 12 month price objectives for Columbia Financial's shares. Their forecasts range from $13.50 to $19.00. On average, they anticipate Columbia Financial's stock price to reach $16.25 in the next twelve months. This suggests that the stock has a possible downside of 9.9%.
View analysts' price targets for Columbia Financial or view top-rated stocks among Wall Street analysts.

Who are Columbia Financial's key executives?

Columbia Financial's management team includes the following people:

Mr. Thomas J. Kemly, Pres, CEO & Director (Age 63, Pay $1.87M)
Mr. Dennis E. Gibney C.F.A., CFA, Exec. VP & CFO (Age 47, Pay $841.42k)
Mr. Edward Thomas Allen Jr., Sr. Exec. VP & COO (Age 64, Pay $1.03M)
Mr. John Klimowich, Exec. VP & Chief Risk Officer (Age 58, Pay $683.75k)
Ms. Allyson Katz Schlesinger, Exec. VP & Head of Consumer Banking (Age 49, Pay $693.1k)
Mr. Damodaram Bashyam, Exec. VP and Chief Information & Digital Officer (Age 48)
Ms. Geri M. Kelly, Exec. VP & HR Officer (Age 64)
Mr. Brian W. Murphy, Exec. VP & Operations Officer (Age 61)
Mr. Joseph Francis Dempsey Jr., Exec. VP & Head of Commercial Banking (Age 59)
Mr. Oliver Edward Lewis Jr., Exec. VP & Head of Commercial Banking (Age 56)

Who are some of Columbia Financial's key competitors?

Some companies that are related to Columbia Financial include People's United Financial (PBCT), TFS Financial (TFSL), Umpqua (UMPQ), BankUnited (BKU), Eastern Bankshares (EBC), Axos Financial (AX), Flagstar Bancorp (FBC), Provident Financial Services (PFS), Capitol Federal Financial (CFFN), OceanFirst Financial (OCFC), Brookline Bancorp (BRKL), Kearny Financial (KRNY), Northfield Bancorp, Inc. (Staten Island, NY) (NFBK), Waterstone Financial (WSBF) and NASB Financial (NASB).
View all of CLBK's competitors.

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 (CGC), Kearny Financial (KRNY), MBIA (MBI), Bristol-Myers Squibb (BMY), The 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."

Who are Columbia Financial's major shareholders?

Columbia Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (0.03%) and Hudson Capital Management LLC (0.02%). Company insiders that own Columbia Financial stock include Allyson Katz Schlesinger, Dennis E Gibney, Dyk Robert Van, Elizabeth E Randall, Michael Jr Massood and Ostenbridge Paul Van.
View institutional ownership trends for Columbia Financial.

Which major investors are selling Columbia Financial stock?

CLBK stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P..
View insider buying and selling activity for Columbia Financial or view top insider-selling stocks.

Which major investors are buying Columbia Financial stock?

CLBK stock was acquired by a variety of institutional investors in the last quarter, including Hudson Capital Management LLC. Company insiders that have bought Columbia Financial stock in the last two years include Allyson Katz Schlesinger, Dennis E Gibney, Dyk Robert Van, Elizabeth E Randall, Michael Jr Massood, and Ostenbridge Paul Van.
View insider buying and selling activity for Columbia Financial or or view top insider-buying stocks.

How do I buy shares of Columbia Financial?

Shares of CLBK 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 $18.04.

How much money does Columbia Financial make?

Columbia Financial has a market capitalization of $1.96 billion and generates $326.98 million in revenue each year. The company earns $57.60 million in net income (profit) each year or $0.57 on an earnings per share basis.

How many employees does Columbia Financial have?

Columbia Financial employs 557 workers across the globe.

What is Columbia Financial's official website?

The official website for Columbia Financial is www.columbiabankonline.com.

Where are Columbia Financial's headquarters?

Columbia Financial is headquartered at 19-01 Route 208 North, Fair Lawn NJ, 07140.

How can I contact Columbia Financial?

Columbia Financial's mailing address is 19-01 Route 208 North, Fair Lawn NJ, 07140. The company can be reached via phone at 800-522-4167.

This page was last updated on 8/1/2021 by MarketBeat.com Staff

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