NASDAQ:FIBK

First Interstate BancSystem Stock Forecast, Price & News

$42.01

+0.61 (+1.47 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$40.70

Now: $42.01▼

$42.08

50-Day Range

$39.72

MA: $41.16▼

$43.59

52-Week Range

$24.50

Now: $42.01▼

$43.95

Volume263,812 shs

Average Volume174,858 shs

Market Capitalization$2.65 billion

P/E Ratio16.22

Dividend Yield3.67%

Beta1.14

First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. Its deposit products include checking, savings, time, and demand deposits; and repurchase agreements primarily for commercial and municipal depositors. The company's loan portfolio consists of real estate loans, including commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans; commercial loans; and other loans, including fixed and variable rate loans. It also provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services to individuals, businesses, and nonprofit organizations, which include the administration of estates and personal trusts; management of investment accounts for individuals, employee benefit plans, and charitable foundations; and insurance planning. In addition, the company offers marketing, credit review, credit cards, mortgage loan sales and servicing, indirect consumer loan purchasing and processing, loan collection services, and Internet and mobile banking services. It serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, energy, healthcare and professional services, education, governmental services, mining, technology, retail and wholesale trade, and tourism. The company operates 152 banking offices located in Idaho, Montana, Oregon, South Dakota, Washington, and Wyoming. First Interstate BancSystem, Inc. was incorporated in 1971 and is headquartered in Billings, Montana.

MarketRank^™

Overall MarketRank^™

1.56 out of 5 stars

Finance Sector

613th out of 1,934 stocks

State Commercial Banks Industry

135th out of 309 stocks

1.3 Analyst's Opinion

Consensus Rating
First Interstate BancSystem has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.00, First Interstate BancSystem has a forecasted downside of 4.8% from its current price of $42.01.
Amount of Analyst Coverage
First Interstate BancSystem has only been the subject of 3 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
First Interstate BancSystem has received 251 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Interstate BancSystem has received 400 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Interstate BancSystem has received 61.44% “underperform” votes from our community.

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

2.5 Dividend Strength

Dividend Yield
First Interstate BancSystem pays a meaningful dividend of 3.67%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
First Interstate BancSystem does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of First Interstate BancSystem is 49.51%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, First Interstate BancSystem will have a dividend payout ratio of 58.91% next year. This indicates that First Interstate BancSystem will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Interstate BancSystem insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,349,221.00 in company stock.
Percentage Held by Insiders
Only 21.99% of the stock of First Interstate BancSystem is held by insiders.
Percentage Held by Institutions
51.27% 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.

1.3 Earnings and Valuation

Earnings Growth
Earnings for First Interstate BancSystem are expected to remain at $2.58 per share in the coming year.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Interstate BancSystem is 16.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Interstate BancSystem is 16.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.02.
Price to Book Value per Share Ratio
First Interstate BancSystem has a P/B Ratio of 1.36. 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

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:FIBK

Previous Symbol

CUSIP32055Y20

CIK860413

Webwww.fibk.com

Phone406-255-5390

Employees2,473

Debt

Debt-to-Equity Ratio0.10

Current Ratio0.81

Quick Ratio0.80

Price-To-Earnings

Trailing P/E Ratio16.22

Forward P/E Ratio16.28

P/E GrowthN/A

Sales & Book Value

Annual Sales$703.90 million

Price / Sales3.77

Cash Flow$3.69 per share

Price / Cash Flow11.38

Book Value$30.87 per share

Price / Book1.36

Profitability

EPS (Most Recent Fiscal Year)$3.07

Net Income$181 million

Net Margins23.85%

Return on Equity8.42%

Return on Assets1.07%

Miscellaneous

Outstanding Shares63,115,000

Market Cap$2.65 billion

Next Earnings Date1/28/2021 (Confirmed)

OptionableOptionable

$42.01

+0.61 (+1.47 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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First Interstate BancSystem (NASDAQ:FIBK) Frequently Asked Questions

How has First Interstate BancSystem's stock been impacted by COVID-19?

First Interstate BancSystem's stock was trading at $27.28 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FIBK stock has increased by 54.0% and is now trading at $42.01.
View which stocks have been most impacted by COVID-19.

Is First Interstate BancSystem a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Interstate BancSystem in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" First Interstate BancSystem stock.
View analyst ratings for First Interstate BancSystem or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than First Interstate BancSystem?

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

What is Edward Garding's approval rating as First Interstate BancSystem's CEO?

11 employees have rated First Interstate BancSystem CEO Edward Garding on Glassdoor.com. Edward Garding has an approval rating of 92% among First Interstate BancSystem's employees. This puts Edward Garding in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

When is First Interstate BancSystem's next earnings date?

First Interstate BancSystem is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for First Interstate BancSystem.

How can I listen to First Interstate BancSystem's earnings call?

First Interstate BancSystem will be holding an earnings conference call on Thursday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were First Interstate BancSystem's earnings last quarter?

First Interstate BancSystem, Inc. (NASDAQ:FIBK) released its quarterly earnings data on Saturday, October, 31st. The financial services provider reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.07. The financial services provider earned $167.70 million during the quarter, compared to analyst estimates of $166.47 million. First Interstate BancSystem had a trailing twelve-month return on equity of 8.42% and a net margin of 23.85%.
View First Interstate BancSystem's earnings history.

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 Monday, October 26th. Investors of record on Friday, November 6th will be given a dividend of $0.38 per share on Monday, November 16th. This represents a $1.52 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Thursday, November 5th. This is a positive change from First Interstate BancSystem's previous quarterly dividend of $0.34.
View First Interstate BancSystem's dividend history.

Is First Interstate BancSystem a good dividend stock?

First Interstate BancSystem pays an annual dividend of $1.52 per share and currently has a dividend yield of 3.67%. The dividend payout ratio of First Interstate BancSystem is 49.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, First Interstate BancSystem will have a dividend payout ratio of 58.91% next year. This indicates that First Interstate BancSystem will be able to sustain or increase its dividend.
View First Interstate BancSystem's dividend history.

What price target have analysts set for FIBK?

5 brokerages have issued 12-month target prices for First Interstate BancSystem's stock. Their forecasts range from $39.00 to $41.00. On average, they anticipate First Interstate BancSystem's stock price to reach $40.00 in the next twelve months. This suggests that the stock has a possible downside of 4.8%.
View analysts' price targets for First Interstate BancSystem or view Wall Street analyst' top-rated stocks.

Who are some of First Interstate BancSystem's key competitors?

Some companies that are related to First Interstate BancSystem include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
View all of FIBK's competitors.

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).

Who are First Interstate BancSystem's key executives?

First Interstate BancSystem's management team includes the following people:

Mr. Kevin P. Riley, Pres, CEO & Director (Age 60, Pay $1.67M)
Ms. Marcy D. Mutch, Exec. VP & CFO (Age 61, Pay $639.72k)
Ms. Jodi Delahunt Hubbell, Exec. VP & COO (Age 54, Pay $714.38k)
Mr. Kirk D. Jensen Esq., Exec. VP, Gen. Counsel & Corp. Sec. (Age 50, Pay $514.05k)
Mr. Philip G. Gaglia, Exec. VP & Chief Risk Officer (Age 55, Pay $440.69k)
Mr. Kade G. Peterson, Exec. VP & Chief Information Officer (Age 55)
Ms. Margie Morse, VP & Investor Relations Officer
Ms. Rachel B. Turitto, Sr. VP & Chief HR Officer
Ms. Renee L. Newman, Exec. VP & Chief Strategy Officer (Age 50)
Mr. David C. Redmon, Sr. VP & Chief of Staff

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 retail and institutional investors. Top institutional investors include Denali Advisors LLC (0.15%) and OLD National Bancorp IN (0.01%). Company insiders that own First Interstate BancSystem stock include Homer A Scott Jr, James R Scott Jr, Jonathan R Scott, Kevin P Riley, Peter I Wold, Philip G Gaglia, Ross E Leckie, Russell A Lee and Susan Scott Heyneman.
View institutional ownership trends for First Interstate BancSystem.

Which major investors are selling First Interstate BancSystem stock?

FIBK stock was sold by a variety of institutional investors in the last quarter, including OLD National Bancorp IN, and Denali Advisors LLC. Company insiders that have sold First Interstate BancSystem company stock in the last year include Ross E Leckie, and Susan Scott Heyneman.
View insider buying and selling activity for First Interstate BancSystem or view top insider-selling stocks.

How do I buy shares of First Interstate BancSystem?

Shares of FIBK 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.

What is First Interstate BancSystem's stock price today?

One share of FIBK stock can currently be purchased for approximately $42.01.

How big of a company is First Interstate BancSystem?

First Interstate BancSystem has a market capitalization of $2.65 billion and generates $703.90 million in revenue each year. The financial services provider earns $181 million in net income (profit) each year or $3.07 on an earnings per share basis. First Interstate BancSystem employs 2,473 workers across the globe.

What is First Interstate BancSystem's official website?

The official website for First Interstate BancSystem is www.fibk.com.

How can I contact First Interstate BancSystem?

First Interstate BancSystem's mailing address is 401 North 31st Street, Billings MT, 59116. The financial services provider can be reached via phone at 406-255-5390 or via email at [email protected]

This page was last updated on 1/22/2021 by MarketBeat.com Staff

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