Columbia Banking System Stock Price, News & Analysis (NASDAQ:COLB)

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last year. There are currently 6 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" COLB shares.
View COLB analyst ratings or view top-rated stocks.

11 equities research analysts have issued 1-year target prices for Columbia Banking System's shares. Their COLB share price targets range from $20.00 to $29.00. On average, they expect the company's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price.
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Columbia Banking System's stock was trading at $30.13 at the start of the year. Since then, COLB stock has decreased by 20.7% and is now trading at $23.89.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our COLB earnings forecast.

Columbia Banking System, Inc. (NASDAQ:COLB) posted its earnings results on Wednesday, October, 18th. The financial services provider reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.06. The financial services provider had revenue of $739.99 million for the quarter, compared to analyst estimates of $522.90 million. Columbia Banking System had a net margin of 14.80% and a trailing twelve-month return on equity of 11.55%. During the same quarter last year, the company earned $0.86 EPS.

Columbia Banking System announced a quarterly dividend on Monday, November 13th. Stockholders of record on Friday, November 24th will be given a dividend of $0.36 per share on Monday, December 11th. This represents a $1.44 annualized dividend and a yield of 6.03%. The ex-dividend date is Wednesday, November 22nd.
Read our dividend analysis for COLB.

Columbia Banking System (NASDAQ:COLB) pays an annual dividend of $1.44 per share and currently has a dividend yield of 6.45%. COLB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 69.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COLB will have a dividend payout ratio of 46.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COLB.

ETFs with the largest weight of Columbia Banking System (NASDAQ:COLB) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), JPMorgan Active Small Cap Value ETF (JPSV) and Direxion Daily Regional Banks Bull 3x Shares (DPST).Invesco Raymond James SB-1 Equity ETF (RYJ).

9 employees have rated Columbia Banking System Chief Executive Officer Clint E. Stein on Glassdoor.com. Clint E. Stein has an approval rating of 54% among the company's employees. This puts Clint E. Stein in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Columbia Banking System investors own include Heritage Financial (HFWA), Chevron (CVX), Marathon Petroleum (MPC), Enbridge (ENB), Farmers & Merchants Bancorp (FMAO), Altria Group (MO), Umpqua (UMPQ), Wells Fargo & Company (WFC), Weyerhaeuser (WY) and Exxon Mobil (XOM).

Columbia Banking System's stock is owned by many different retail and institutional investors. Top institutional investors include Morgan Stanley (3.47%), Massachusetts Financial Services Co. MA (3.39%), Wellington Management Group LLP (1.89%), American Century Companies Inc. (1.89%), Invesco Ltd. (1.72%) and Bank of New York Mellon Corp (1.68%). Insiders that own company stock include Aaron James Deer, Craig D Eerkes, David C Lawson, Kumi Yamamoto Baruffi and Tom Hulbert.
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Shares of COLB 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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