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

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Columbia Banking System in the last twelve months. There are currently 11 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" COLB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COLB, but not buy additional shares or sell existing shares.
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13 brokers have issued 1-year price objectives for Columbia Banking System's stock. Their COLB share price targets range from $20.00 to $29.00. On average, they predict the company's share price to reach $22.42 in the next twelve months. This suggests a possible upside of 27.5% from the stock's current price.
View analysts price targets for COLB or view top-rated stocks among Wall Street analysts.

Columbia Banking System's stock was trading at $26.68 on January 1st, 2024. Since then, COLB stock has decreased by 34.1% and is now trading at $17.58.
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Columbia Banking System saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 8,020,000 shares, an increase of 49.1% from the March 15th total of 5,380,000 shares. Based on an average daily volume of 3,040,000 shares, the days-to-cover ratio is currently 2.6 days.
View Columbia Banking System's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our COLB earnings forecast.

Columbia Banking System will be holding an earnings conference call on Thursday, April 25th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Columbia Banking System, Inc. (NASDAQ:COLB) issued its quarterly earnings results on Wednesday, January, 24th. The financial services provider reported $0.44 earnings per share for the quarter, missing analysts' consensus estimates of $0.79 by $0.35. The financial services provider earned $519.16 million during the quarter, compared to the consensus estimate of $525.94 million. Columbia Banking System had a trailing twelve-month return on equity of 10.27% and a net margin of 12.71%. Columbia Banking System's revenue was up 52.5% compared to the same quarter last year. During the same period last year, the company posted $0.93 earnings per share.

Columbia Banking System announced a quarterly dividend on Friday, February 9th. Investors of record on Friday, February 23rd will be given a dividend of $0.36 per share on Monday, March 11th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 8.19%. The ex-dividend date of this dividend is Thursday, February 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 8.16%. 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 87.27%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, COLB will have a dividend payout ratio of 56.69% 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 Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE) and JPMorgan Active Small Cap Value ETF (JPSV).Direxion Daily Regional Banks Bull 3X Shares (DPST).

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 a variety of retail and institutional investors. Top institutional investors include Gilman Hill Asset Management LLC (0.14%), Alaska Permanent Fund Corp (0.05%), Capital Advisors Wealth Management LLC (0.04%), Range Financial Group LLC (0.03%), Moody National Bank Trust Division (0.02%) and Quad Cities Investment Group LLC (0.02%). Insiders that own company stock include Aaron James Deer, Christopher Merrywell, Clint Stein, Craig D Eerkes, David C Lawson, Elizabeth Whitehead Seaton, John F Schultz, Kumi Yamamoto Baruffi, Luis Machuca, Ron L Farnsworth 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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