NASDAQ:FIBK First Interstate BancSystem (FIBK) Stock Forecast, Price & News $24.67 +1.14 (+4.84%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$23.02▼$25.1950-Day Range$21.78▼$30.6852-Week Range$21.03▼$46.34Volume669,294 shsAverage Volume781,911 shsMarket Capitalization$2.57 billionP/E Ratio8.97Dividend Yield7.62%Price Target$36.40 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability First Interstate BancSystem MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside47.5% Upside$36.40 Price TargetShort InterestHealthy2.65% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.80Upright™ Environmental ScoreNews Sentiment0.78Based on 3 Articles This WeekInsider TradingSelling Shares$4.47 M Sold Last QuarterProj. Earnings Growth7.72%From $2.85 to $3.07 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.41 out of 5 starsFinance Sector14th out of 861 stocksState Commercial Banks Industry5th out of 176 stocks 3.2 Analyst's Opinion Consensus RatingFirst Interstate BancSystem has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.40, First Interstate BancSystem has a forecasted upside of 47.5% from its current price of $24.67.Amount of Analyst CoverageFirst Interstate BancSystem has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.65% of the outstanding shares of First Interstate BancSystem have been sold short.Short Interest Ratio / Days to CoverFirst Interstate BancSystem has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Interstate BancSystem has recently decreased by 6.10%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipFirst Interstate BancSystem is a leading dividend payer. It pays a dividend yield of 8.26%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthFirst Interstate BancSystem has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of First Interstate BancSystem is 68.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, First Interstate BancSystem will have a dividend payout ratio of 61.24% next year. This indicates that First Interstate BancSystem will be able to sustain or increase its dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Interstate BancSystem has received a 22.50% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages", "Development loans for corporations", "Vehicle loans", and "Wire transfer services" products. See details.Environmental SustainabilityThe Environmental Impact score for First Interstate BancSystem is -0.80. Previous Next 2.1 News and Social Media Coverage News SentimentFirst Interstate BancSystem has a news sentiment score of 0.78. 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 higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for First Interstate BancSystem this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for FIBK on MarketBeat in the last 30 days. This is a decrease of -70% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added First Interstate BancSystem to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Interstate BancSystem insiders have sold 2,813.35% more of their company's stock than they have bought. Specifically, they have bought $153,520.00 in company stock and sold $4,472,582.00 in company stock.Percentage Held by InsidersOnly 6.80% of the stock of First Interstate BancSystem is held by insiders.Percentage Held by Institutions77.78% of the stock of First Interstate BancSystem is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for First Interstate BancSystem are expected to grow by 7.72% in the coming year, from $2.85 to $3.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Interstate BancSystem is 8.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.96.Price to Earnings Ratio vs. SectorThe P/E ratio of First Interstate BancSystem is 8.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.02.Price to Book Value per Share RatioFirst Interstate BancSystem has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Interstate BancSystem (NASDAQ:FIBK) StockFirst Interstate BancSystem, Inc. is a financial holding company, which engages in the provision of community banking solutions. The firm offers commercial and consumer banking services to individuals, businesses, municipalities, and other entities. The company was founded by Homer Scott Sr. in 1968 and is headquartered in Billings, MT.Read More Receive FIBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Interstate BancSystem and its competitors with MarketBeat's FREE daily newsletter. Email Address FIBK Stock News HeadlinesMay 31, 2023 | americanbankingnews.comFirst Interstate BancSystem, Inc. (NASDAQ:FIBK) Short Interest UpdateMay 26, 2023 | finance.yahoo.comImplied Volatility Surging for First Interstate BancSystem (FIBK) Stock OptionsJune 6, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 24, 2023 | americanbankingnews.comFirst Interstate BancSystem, Inc. (NASDAQ:FIBK) Receives $36.40 Consensus Target Price from BrokeragesMay 22, 2023 | americanbankingnews.comFirst Interstate BancSystem (NASDAQ:FIBK) Coverage Initiated at StockNews.comMay 21, 2023 | americanbankingnews.comFirst Interstate BancSystem, Inc. (NASDAQ:FIBK) Major Shareholder Sells $1,435,484.61 in StockMay 19, 2023 | americanbankingnews.comComparing First Interstate BancSystem (NASDAQ:FIBK) and SVB Financial Group (NASDAQ:SIVBQ)May 18, 2023 | americanbankingnews.comFirst Interstate BancSystem, Inc. (NASDAQ:FIBK) Sees Large Decrease in Short InterestJune 6, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...May 16, 2023 | finance.yahoo.comShould You Hold First Interstate BancSystem (FIBK)?May 12, 2023 | americanbankingnews.comFirst Interstate BancSystem (NASDAQ:FIBK) versus 1st Source (NASDAQ:SRCE) Financial AnalysisMay 11, 2023 | americanbankingnews.comJonathan R. Scott Sells 3,000 Shares of First Interstate BancSystem, Inc. (NASDAQ:FIBK) StockMay 11, 2023 | americanbankingnews.comJulie A. Scott Sells 8,027 Shares of First Interstate BancSystem, Inc. (NASDAQ:FIBK) StockMay 11, 2023 | americanbankingnews.comJulie A. Scott Sells 70,250 Shares of First Interstate BancSystem, Inc. (NASDAQ:FIBK) StockMay 10, 2023 | americanbankingnews.comFirst Interstate BancSystem, Inc. (NASDAQ:FIBK) Director Jonathan R. Scott Sells 26,250 Shares of StockMay 10, 2023 | americanbankingnews.comHead-To-Head Contrast: First Interstate BancSystem (NASDAQ:FIBK) & 1st Source (NASDAQ:SRCE)May 4, 2023 | nasdaq.comInsiders Now Seeing Red With FIBK At New 52-Week LowMay 4, 2023 | americanbankingnews.comFirst Interstate BancSystem, Inc. Plans Quarterly Dividend of $0.47 (NASDAQ:FIBK)May 4, 2023 | americanbankingnews.comInsider Buying: First Interstate BancSystem, Inc. (NASDAQ:FIBK) CFO Purchases 5,000 Shares of StockMay 3, 2023 | msn.comStephens & Co. Maintains First Interstate BancSystem Inc. - (FIBK) Overweight RecommendationMay 3, 2023 | americanbankingnews.comFirst Interstate BancSystem (NASDAQ:FIBK) Shares Gap Up Following Insider Buying ActivityMay 3, 2023 | americanbankingnews.comFirst Interstate BancSystem, Inc. (NASDAQ:FIBK) General Counsel Kirk D. Jensen Buys 1,000 SharesMay 2, 2023 | msn.comPiper Sandler Maintains First Interstate BancSystem Inc. - (FIBK) Overweight RecommendationMay 2, 2023 | finance.yahoo.comFirst Interstate BancSystem (NASDAQ:FIBK) Will Pay A Larger Dividend Than Last Year At $0.47May 2, 2023 | americanbankingnews.comShort Interest in First Interstate BancSystem, Inc. (NASDAQ:FIBK) Increases By 15.0%May 2, 2023 | americanbankingnews.comFirst Interstate BancSystem, Inc. to Post FY2024 Earnings of $3.20 Per Share, DA Davidson Forecasts (NASDAQ:FIBK)May 2, 2023 | americanbankingnews.comFirst Interstate BancSystem (NASDAQ:FIBK) Price Target Lowered to $35.00 at Piper SandlerSee More Headlines FIBK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FIBK Company Calendar Last Earnings4/27/2023Ex-Dividend for 5/18 Dividend5/05/2023Dividend Payable5/18/2023Today6/06/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:FIBK CUSIP32055Y20 CIK860413 Webwww.fibk.com Phone(406) 255-5311Fax406-255-5350Employees3,783Year Founded1968Price Target and Rating Average Stock Price Forecast$36.40 High Stock Price Forecast$43.00 Low Stock Price Forecast$33.00 Forecasted Upside/Downside+47.5%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.75 Trailing P/E Ratio8.97 Forward P/E Ratio8.66 P/E GrowthN/ANet Income$202.20 million Net Margins22.74% Pretax Margin29.03% Return on Equity11.38% Return on Assets1.12% Debt Debt-to-Equity Ratio0.95 Current Ratio0.76 Quick Ratio0.75 Sales & Book Value Annual Sales$1.13 billion Price / Sales2.27 Cash Flow$4.25 per share Price / Cash Flow5.81 Book Value$29.43 per share Price / Book0.84Miscellaneous Outstanding Shares104,376,000Free Float97,278,000Market Cap$2.57 billion OptionableOptionable Beta0.83 Social Links Key ExecutivesKevin P. RileyPresident, Chief Executive Officer & DirectorKristina RobbinsChief Operating Officer & Senior Vice PresidentMarcy D. MutchChief Financial Officer & Executive Vice PresidentScott ErkonenChief Information Officer & EVPKirk D. JensenSecretary, Executive VP & General CounselKey CompetitorsTexas Capital BancsharesNASDAQ:TCBIAmeris BancorpNASDAQ:ABCBCathay General BancorpNASDAQ:CATYUnited Community BanksNASDAQ:UCBIInternational BancsharesNASDAQ:IBOCView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 53,495 shares on 5/26/2023Ownership: 0.265%Empower Advisory Group LLCBought 323,389 shares on 5/25/2023Ownership: 0.310%Ameriprise Financial Inc.Sold 1,851 shares on 5/22/2023Ownership: 0.025%JPMorgan Chase & Co.Bought 1,138,955 shares on 5/18/2023Ownership: 2.967%New York State Common Retirement FundSold 18,622 shares on 5/18/2023Ownership: 0.046%View All Insider TransactionsView All Institutional Transactions FIBK Stock - Frequently Asked Questions Should I buy or sell First Interstate BancSystem stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for First Interstate BancSystem in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FIBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FIBK, but not buy additional shares or sell existing shares. View FIBK analyst ratings or view top-rated stocks. What is First Interstate BancSystem's stock price forecast for 2023? 5 brokers have issued 1-year price targets for First Interstate BancSystem's stock. Their FIBK share price forecasts range from $33.00 to $43.00. On average, they anticipate the company's stock price to reach $36.40 in the next year. This suggests a possible upside of 47.5% from the stock's current price. View analysts price targets for FIBK or view top-rated stocks among Wall Street analysts. How have FIBK shares performed in 2023? First Interstate BancSystem's stock was trading at $38.65 at the start of the year. Since then, FIBK shares have decreased by 36.2% and is now trading at $24.67. View the best growth stocks for 2023 here. Are investors shorting First Interstate BancSystem? First Interstate BancSystem saw a decline in short interest in May. As of May 15th, there was short interest totaling 2,770,000 shares, a decline of 6.1% from the April 30th total of 2,950,000 shares. Based on an average daily trading volume, of 835,200 shares, the days-to-cover ratio is presently 3.3 days. View First Interstate BancSystem's Short Interest. When is First Interstate BancSystem's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. View our FIBK earnings forecast. How were First Interstate BancSystem's earnings last quarter? First Interstate BancSystem, Inc. (NASDAQ:FIBK) issued its earnings results on Thursday, April, 27th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $0.28. First Interstate BancSystem had a trailing twelve-month return on equity of 11.38% and a net margin of 22.74%. During the same period last year, the company posted $0.21 earnings per share. How often does First Interstate BancSystem pay dividends? What is the dividend yield for First Interstate BancSystem? First Interstate BancSystem declared a quarterly dividend on Tuesday, April 25th. Shareholders of record on Monday, May 8th will be given a dividend of $0.47 per share on Thursday, May 18th. This represents a $1.88 dividend on an annualized basis and a yield of 7.62%. The ex-dividend date of this dividend is Friday, May 5th. Read our dividend analysis for FIBK. What ETFs hold First Interstate BancSystem's stock? ETFs with the largest weight of First Interstate BancSystem (NASDAQ:FIBK) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco KBW Regional Banking ETF (KBWR), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), ProShares Russell 2000 Dividend Growers ETF (SMDV) and Direxion Daily Regional Banks Bull 3x Shares (DPST). Is First Interstate BancSystem a good dividend stock? First Interstate BancSystem (NASDAQ:FIBK) pays an annual dividend of $1.88 per share and currently has a dividend yield of 8.26%. FIBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 68.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FIBK will have a dividend payout ratio of 61.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for FIBK. What is Edward Garding's approval rating as First Interstate BancSystem's CEO? 35 employees have rated First Interstate BancSystem Chief Executive Officer Edward Garding on Glassdoor.com. Edward Garding has an approval rating of 92% among the company's employees. This puts Edward Garding in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 84.0% of employees surveyed would recommend working at First Interstate BancSystem to a friend. What other stocks do shareholders of First Interstate BancSystem own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Interstate BancSystem investors own include Skyworks Solutions (SWKS), AbbVie (ABBV), Exxon Mobil (XOM), BCE (BCE), Enbridge (ENB), Energy Transfer (ET), Philip Morris International (PM), Verizon Communications (VZ), Carnival Co. & (CCL) and CenterPoint Energy (CNP). What is First Interstate BancSystem's stock symbol? First Interstate BancSystem trades on the NASDAQ under the ticker symbol "FIBK." Who are First Interstate BancSystem's major shareholders? First Interstate BancSystem's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.77%), First Interstate Bank (5.82%), FMR LLC (5.08%), Macquarie Group Ltd. (3.89%), Franklin Resources Inc. (3.40%) and State Street Corp (3.17%). Insiders that own company stock include James Brannen, James R Scott Jr, Jeremy Scott, John M Heyneman Jr, Jonathan R Scott, Julie A Scott, Kevin P Riley, Kirk D Jensen, Marcy D Mutch, Philip G Gaglia, Ross E Leckie, Russell A Lee and Susan Scott Heyneman. View institutional ownership trends. How do I buy shares of First Interstate BancSystem? Shares of FIBK 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 First Interstate BancSystem's stock price today? One share of FIBK stock can currently be purchased for approximately $24.67. How much money does First Interstate BancSystem make? First Interstate BancSystem (NASDAQ:FIBK) has a market capitalization of $2.57 billion and generates $1.13 billion in revenue each year. The financial services provider earns $202.20 million in net income (profit) each year or $2.75 on an earnings per share basis. How many employees does First Interstate BancSystem have? The company employs 3,783 workers across the globe. How can I contact First Interstate BancSystem? First Interstate BancSystem's mailing address is 401 North 31st Street, Billings MT, 59116. The official website for the company is www.fibk.com. The financial services provider can be reached via phone at (406) 255-5311, via email at investor.relations@fib.com, or via fax at 406-255-5350. This page (NASDAQ:FIBK) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding First Interstate BancSystem, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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