First Interstate BancSystem Stock Forecast, Price & News

4 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 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" First Interstate BancSystem stock. 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.
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Wall Street analysts have given First Interstate BancSystem a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but First Interstate BancSystem wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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First Interstate BancSystem saw a increase in short interest in August. As of August 13th, there was short interest totaling 941,600 shares, an increase of 16.5% from the July 29th total of 808,100 shares. Based on an average daily volume of 170,700 shares, the short-interest ratio is presently 5.5 days. Approximately 2.4% of the company's stock are sold short.
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First Interstate BancSystem is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for First Interstate BancSystem.

First Interstate BancSystem, Inc. (NASDAQ:FIBK) posted its earnings results on Monday, July, 26th. The financial services provider reported $0.69 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.72 by $0.03. The financial services provider earned $154.10 million during the quarter, compared to analyst estimates of $157.67 million. First Interstate BancSystem had a net margin of 28.51% and a trailing twelve-month return on equity of 9.65%.
View First Interstate BancSystem's earnings history.

First Interstate BancSystem's stock was trading at $27.28 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FIBK stock has increased by 39.7% and is now trading at $38.10.
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First Interstate BancSystem declared a quarterly dividend on Monday, July 26th. Investors of record on Monday, August 9th will be given a dividend of $0.41 per share on Thursday, August 19th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 4.30%. The ex-dividend date of this dividend is Friday, August 6th.
View First Interstate BancSystem's dividend history.

First Interstate BancSystem pays an annual dividend of $1.64 per share and currently has a dividend yield of 4.23%. FIBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of First Interstate BancSystem is 64.82%. 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 57.34% next year. This indicates that First Interstate BancSystem will be able to sustain or increase its dividend.
View First Interstate BancSystem's dividend history.

4 equities research analysts have issued 12 month target prices for First Interstate BancSystem's stock. Their forecasts range from $40.00 to $46.00. On average, they anticipate First Interstate BancSystem's stock price to reach $42.33 in the next year. This suggests a possible upside of 11.1% from the stock's current price.
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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.

Some companies that are related to First Interstate BancSystem include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and First Citizens BancShares (FCNCA).
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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).

First Interstate BancSystem trades on the NASDAQ under the ticker symbol "FIBK."

First Interstate BancSystem's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.20%), Vanguard Group Inc. (5.74%), Macquarie Group Ltd. (4.17%), Dimensional Fund Advisors LP (2.57%), Bank of New York Mellon Corp (2.55%) and abrdn plc (2.10%). Company insiders that own First Interstate BancSystem stock include Homer A Scott Jr, James R Scott Jr, Jeremy Scott, Jonathan R Scott, Kevin P Riley, Ross E Leckie, Russell A Lee and Susan Scott Heyneman.
View institutional ownership trends for First Interstate BancSystem.

FIBK stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Nuveen Asset Management LLC, Russell Investments Group Ltd., JPMorgan Chase & Co., Clearbridge Investments LLC, Bank of America Corp DE, Kennedy Capital Management Inc., and California Public Employees Retirement System. Company insiders that have sold First Interstate BancSystem company stock in the last year include James R Scott Jr, Jeremy Scott, Jonathan R Scott, Ross E Leckie, and Susan Scott Heyneman.
View insider buying and selling activity for First Interstate BancSystem or view top insider-selling stocks.

FIBK stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., First Interstate Bank, abrdn plc, Millennium Management LLC, State Street Corp, Brandywine Global Investment Management LLC, Deprince Race & Zollo Inc., and Diamond Hill Capital Management Inc.. Company insiders that have bought First Interstate BancSystem stock in the last two years include Kevin P Riley, and Russell A Lee.
View insider buying and selling activity for First Interstate BancSystem or or view top insider-buying stocks.

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.
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One share of FIBK stock can currently be purchased for approximately $38.10.

First Interstate BancSystem has a market capitalization of $2.37 billion and generates $680.30 million in revenue each year. The financial services provider earns $161.20 million in net income (profit) each year or $2.53 on an earnings per share basis.

First Interstate BancSystem employs 2,462 workers across the globe.

First Interstate BancSystem was founded in 1968.

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

First Interstate BancSystem is headquartered at 401 North 31st Street, Billings MT, 59116.

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].