NASDAQ:FIBK First Interstate BancSystem - FIBK Stock Forecast, Price & News 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. $29.91 -0.77 (-2.51%) (As of 03/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$29.78▼$30.9950-Day Range$29.06▼$38.1052-Week Range$28.56▼$46.34Volume837,122 shsAverage Volume797,524 shsMarket Capitalization$3.12 billionP/E Ratio16.17Dividend Yield6.29%Price Target$42.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability First Interstate BancSystem MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside40.4% Upside$42.00 Price TargetShort InterestHealthy2.36% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.49Upright™ Environmental ScoreNews Sentiment0.40Based on 4 Articles This WeekInsider TradingSelling Shares$10.60 M Sold Last QuarterProj. Earnings Growth7.98%From $3.51 to $3.79 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.3.28 out of 5 starsFinance Sector50th out of 891 stocksState Commercial Banks Industry15th out of 187 stocks 4.2 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 $42.00, First Interstate BancSystem has a forecasted upside of 40.4% from its current price of $29.91.Amount of Analyst CoverageFirst Interstate BancSystem has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.36% 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 increased by 40.57%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipFirst Interstate BancSystem is a leading dividend payer. It pays a dividend yield of 6.15%, 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 101.62%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, First Interstate BancSystem will have a dividend payout ratio of 49.60% next year. This indicates that First Interstate BancSystem will be able to sustain or increase its dividend. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Interstate BancSystem has received a 30.93% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages", "Cash withdrawal services", "Installment loans for corporations", "Unsecured loans", "Vehicle loans", and "Wire transfer services" products. See details.Environmental SustainabilityThe Environmental Impact score for First Interstate BancSystem is -0.49. Previous Next 2.4 News and Social Media Coverage News SentimentFirst Interstate BancSystem has a news sentiment score of 0.40. 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 lower news sentiment than the 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for First Interstate BancSystem this week, compared to 1 article on an average week.Search Interest10 people have searched for FIBK on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added First Interstate BancSystem to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $10,602,843.00 in company stock.Percentage Held by InsidersOnly 6.40% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for First Interstate BancSystem are expected to grow by 7.98% in the coming year, from $3.51 to $3.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Interstate BancSystem is 16.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.48.Price to Earnings Ratio vs. SectorThe P/E ratio of First Interstate BancSystem is 16.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 145.50.Price to Book Value per Share RatioFirst Interstate BancSystem has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued 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 HeadlinesMarch 25, 2023 | americanbankingnews.comFirst Interstate BancSystem (NASDAQ:FIBK) Reaches New 52-Week Low at $29.15February 1, 2023 | finance.yahoo.comWe Wouldn't Be Too Quick To Buy First Interstate BancSystem, Inc. (NASDAQ:FIBK) Before It Goes Ex-DividendMarch 31, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. January 30, 2023 | seekingalpha.comOpen Letter To First Interstate Bank Board Of Directors After 11% Drop On FridayJanuary 30, 2023 | finance.yahoo.comFirst Interstate BancSystem, Inc. (NASDAQ:FIBK) Q4 2022 Earnings Call TranscriptJanuary 27, 2023 | seekingalpha.comFirst Interstate BancSystem, Inc. (FIBK) Q4 2022 Earnings Call TranscriptJanuary 26, 2023 | msn.comFirst Interstate Banc GAAP EPS of $0.82 misses by $0.21, revenue of $300M misses by $12.26MJanuary 26, 2023 | seekingalpha.comFIBK First Interstate BancSystem, Inc.March 31, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastDecember 16, 2022 | seekingalpha.comFirst Interstate BancSystem: Bright Earnings Outlook Attributable To Anticipated Loan, Margin GrowthNovember 8, 2022 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why First Interstate BancSystem (FIBK) is a Great ChoiceNovember 8, 2022 | finance.yahoo.comFirst Interstate BancSystem Third Quarter 2022 Earnings: Misses ExpectationsOctober 29, 2022 | finance.yahoo.comFirst Interstate BancSystem's (NASDAQ:FIBK) Shareholders Will Receive A Bigger Dividend Than Last YearOctober 26, 2022 | seekingalpha.comFirst Interstate BancSystem, Inc. (FIBK) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | finance.yahoo.comFirst Interstate BancSystem, Inc. Reports Third Quarter Earnings and Announces a 14.6% Increase in the Quarterly Cash Dividend to $0.47 per ShareOctober 19, 2022 | finance.yahoo.comAll You Need to Know About First Interstate BancSystem (FIBK) Rating Upgrade to Strong BuyOctober 3, 2022 | finance.yahoo.comAshley Hayslip Joins First Interstate as Chief Banking OfficerAugust 29, 2022 | finance.yahoo.com3 Reasons Why First Interstate BancSystem (FIBK) Is a Great Growth StockAugust 18, 2022 | finance.yahoo.comAre Finance Stocks Lagging Amalgamated Financial (AMAL) This Year?August 15, 2022 | finance.yahoo.comFirst Interstate BancSystem (FIBK) Now Trades Above Golden Cross: Time to Buy?August 2, 2022 | nasdaq.comWhat Kind Of Investors Own Most Of First Interstate BancSystem, Inc. (NASDAQ:FIBK)?July 30, 2022 | finance.yahoo.comFirst Interstate BancSystem (NASDAQ:FIBK) Has Affirmed Its Dividend Of $0.41July 27, 2022 | finance.yahoo.comFirst Interstate BancSystem (FIBK) Q2 2022 Earnings Call TranscriptJuly 26, 2022 | finance.yahoo.comFirst Interstate BancSystem (FIBK) Q2 Earnings and Revenues Surpass EstimatesJuly 25, 2022 | finance.yahoo.comShould You Now Consider Investing in First Interstate BancSystem (FIBK)?July 19, 2022 | morningstar.comFirst Interstate BancSystem Inc - Stock Quote FIBKJuly 14, 2022 | finance.yahoo.comFirst Interstate BancSystem (NASDAQ:FIBK) shareholders have endured a 7.7% loss from investing in the stock a year agoSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings10/25/2021Ex-Dividend for 2/17 Dividend2/06/2023Dividend Payable2/17/2023Today3/31/2023Next Earnings (Estimated)4/27/2023Fiscal 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$42.00 High Stock Price Forecast$54.00 Low Stock Price Forecast$33.00 Forecasted Upside/Downside+40.4%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$1.85 Trailing P/E Ratio16.17 Forward P/E Ratio8.52 P/E GrowthN/ANet Income$202.20 million Net Margins17.07% Pretax Margin21.70% Return on Equity9.98% Return on Assets0.99% Debt Debt-to-Equity Ratio0.85 Current Ratio0.71 Quick Ratio0.71 Sales & Book Value Annual Sales$1.18 billion Price / Sales2.64 Cash Flow$4.09 per share Price / Cash Flow7.32 Book Value$29.43 per share Price / Book1.02Miscellaneous Outstanding Shares104,440,000Free Float97,757,000Market Cap$3.12 billion OptionableOptionable Beta0.86 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 CompetitorsUnited Community BanksNASDAQ:UCBIIndependent BankNASDAQ:INDBInternational BancsharesNASDAQ:IBOCAmeris BancorpNASDAQ:ABCBCathay General BancorpNASDAQ:CATYView All CompetitorsInsiders & InstitutionsAcrisure Capital Management LLCBought 29,676 shares on 3/28/2023Ownership: 0.028%Neo Ivy Capital ManagementBought 1,044 shares on 3/27/2023Ownership: 0.001%MetLife Investment Management LLCSold 1,204 shares on 3/23/2023Ownership: 0.045%B. Riley Wealth Advisors Inc.Bought 3,600 shares on 3/15/2023Ownership: 0.010%Julie A ScottSold 288,000 sharesTotal: $10.26 M ($35.63/share)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 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 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 $54.00. On average, they expect the company's stock price to reach $42.00 in the next year. This suggests a possible upside of 40.4% 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 stock has decreased by 22.6% and is now trading at $29.91. View the best growth stocks for 2023 here. Are investors shorting First Interstate BancSystem? First Interstate BancSystem saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,460,000 shares, an increase of 40.6% from the February 28th total of 1,750,000 shares. Based on an average trading volume of 750,300 shares, the short-interest 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 Thursday, April 27th 2023. View our FIBK earnings forecast. How were First Interstate BancSystem's earnings last quarter? First Interstate BancSystem, Inc. (NASDAQ:FIBK) announced its quarterly earnings results on Monday, October, 25th. The financial services provider reported $0.76 EPS for the quarter, meeting the consensus estimate of $0.76. The financial services provider earned $166.60 million during the quarter, compared to analyst estimates of $159.64 million. First Interstate BancSystem had a trailing twelve-month return on equity of 9.98% and a net margin of 17.07%. First Interstate BancSystem's revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.76 earnings per share. How often does First Interstate BancSystem pay dividends? What is the dividend yield for First Interstate BancSystem? First Interstate BancSystem announced a quarterly dividend on Thursday, January 26th. Investors of record on Tuesday, February 7th will be given a dividend of $0.47 per share on Friday, February 17th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date of this dividend is Monday, February 6th. 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 AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR S&P Regional Banking ETF (KRE), ProShares Russell 2000 Dividend Growers ETF (SMDV), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST) and WisdomTree U.S. SmallCap Fund (EES). 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 6.15%. 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 101.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, FIBK will have a dividend payout ratio of 49.60% 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 many different retail and institutional investors. Top institutional shareholders include First Interstate Bank (5.84%), Macquarie Group Ltd. (3.83%), Franklin Resources Inc. (3.17%), Dimensional Fund Advisors LP (2.54%), JPMorgan Chase & Co. (1.87%) and Geode Capital Management LLC (1.65%). 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, 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 $29.91. How much money does First Interstate BancSystem make? First Interstate BancSystem (NASDAQ:FIBK) has a market capitalization of $3.12 billion and generates $1.18 billion in revenue each year. The financial services provider earns $202.20 million in net income (profit) each year or $1.85 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 3/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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