NASDAQ:GBCIGlacier Bancorp Stock Price, Forecast & News

$43.13

+0.70 (+1.65 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$41.88

Now: $43.13▼

$43.33

50-Day Range

$30.92

MA: $37.03▼

$44.05

52-Week Range

$26.66

Now: $43.13▼

$46.51

Volume406,648 shs

Average Volume450,244 shs

Market Capitalization$4.11 billion

P/E Ratio19.08

Dividend Yield2.73%

Beta1.07

Glacier Bancorp, Inc. operates as the holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. It offers non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposits, negotiated-rate jumbo certificates, and individual retirement accounts. The company also provides construction and permanent loans on residential real estate; consumer land or lot acquisition loans; unimproved land and land development loans; and residential builder guidance lines comprising pre-sold and spec-home construction, and lot acquisition loans. In addition, it offers commercial real estate loans to purchase, construct, and finance commercial real estate properties; consumer loans secured by real estate, automobiles, or other assets; second mortgage loans; municipal loans; home equity loans consisting of 1-4 family junior lien mortgages, and first and junior lien lines of credit secured by residential real estate; and agriculture loans. Further, the company provides mortgage origination services. It has 167 locations, including 149 branches and 18 loan or administration offices in 63 counties within 7 states comprising Montana, Idaho, Utah, Washington, Wyoming, Colorado, and Arizona. The company was incorporated in 2004 and is headquartered in Kalispell, Montana.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Glacier Bancorp has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $38.67, Glacier Bancorp has a potential downside of 10.3% from its current price of $43.13.
Amount of Analyst Coverage
Glacier Bancorp has only been the subject of 2 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Glacier Bancorp has received 248 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Glacier Bancorp has received 413 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Glacier Bancorp has received 62.48% “underperform” votes from our community.

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

4.2 Dividend Strength

Dividend Leadership
Glacier Bancorp is a leading dividend payer. It pays a dividend yield of 2.73%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Glacier Bancorp has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of Glacier Bancorp is 48.74 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Glacier Bancorp will have a dividend payout ratio of 58.29 % next year. This indicates that Glacier Bancorp will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Glacier Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $227,153.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.53% of the stock of Glacier Bancorp is held by insiders.
Percentage Held by Institutions
72.22% of the stock of Glacier Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Glacier Bancorp are expected to decrease by -15.68% in the coming year, from $2.36 to $1.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Glacier Bancorp is 19.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of Glacier Bancorp is 19.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.03.
Price to Book Value per Share Ratio
Glacier Bancorp has a P/B Ratio of 2.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryRegional Banks

SectorFinance

Current SymbolNASDAQ:GBCI

Previous Symbol

CUSIP37637Q10

CIK868671

Webwww.glacierbancorp.com

Phone406-751-7708

Debt

Debt-to-Equity Ratio0.32

Current Ratio0.85

Quick Ratio0.85

Price-To-Earnings

Trailing P/E Ratio19.08

Forward P/E Ratio18.28

P/E GrowthN/A

Sales & Book Value

Annual Sales$676.95 million

Price / Sales6.08

Cash Flow$2.88 per share

Price / Cash Flow14.97

Book Value$21.27 per share

Price / Book2.03

Profitability

EPS (Most Recent Fiscal Year)$2.38

Net Income$210.54 million

Net Margins29.31%

Return on Equity11.06%

Return on Assets1.55%

Miscellaneous

Employees3,046

Outstanding Shares95,400,000

Market Cap$4.11 billion

Next Earnings Date7/16/2020 (Estimated)

OptionableOptionable

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Glacier Bancorp (NASDAQ:GBCI) Frequently Asked Questions

How has Glacier Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Glacier Bancorp's stock was trading at $31.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GBCI shares have increased by 37.0% and is now trading at $43.13. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Glacier Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glacier Bancorp in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Glacier Bancorp.

When is Glacier Bancorp's next earnings date?

Glacier Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 16th 2020. View our earnings forecast for Glacier Bancorp.

How were Glacier Bancorp's earnings last quarter?

Glacier Bancorp, Inc. (NASDAQ:GBCI) released its quarterly earnings data on Thursday, April, 23rd. The bank reported $0.46 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.56 by $0.10. The bank earned $167.64 million during the quarter, compared to the consensus estimate of $166.37 million. Glacier Bancorp had a net margin of 29.31% and a return on equity of 11.06%. View Glacier Bancorp's earnings history.

How often does Glacier Bancorp pay dividends? What is the dividend yield for Glacier Bancorp?

Glacier Bancorp declared a quarterly dividend on Wednesday, March 25th. Shareholders of record on Tuesday, April 7th will be paid a dividend of $0.29 per share on Thursday, April 16th. This represents a $1.16 annualized dividend and a yield of 2.69%. The ex-dividend date is Monday, April 6th. View Glacier Bancorp's dividend history.

What price target have analysts set for GBCI?

3 analysts have issued 12 month price targets for Glacier Bancorp's shares. Their forecasts range from $36.00 to $40.00. On average, they expect Glacier Bancorp's stock price to reach $38.67 in the next year. This suggests that the stock has a possible downside of 10.3%. View analysts' price targets for Glacier Bancorp.

Has Glacier Bancorp been receiving favorable news coverage?

Media stories about GBCI stock have been trending extremely negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Glacier Bancorp earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutGlacier Bancorp.

Who are some of Glacier Bancorp's key competitors?

Some companies that are related to Glacier Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and East West Bancorp (EWBC). View all competitors.

What other stocks do shareholders of Glacier Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Glacier Bancorp investors own include State Street (STT), Photronics (PLAB), Exxon Mobil (XOM), Gilead Sciences (GILD), AbbVie (ABBV), Balchem (BCPC), Core Laboratories (CLB), Manulife Financial (MFC), Verizon Communications (VZ) and Wells Fargo & Co (WFC).

Who are Glacier Bancorp's key executives?

Glacier Bancorp's management team includes the following people:

Mr. Randall M. Chesler, Pres, CEO & Director (Age 60)
Mr. Ronald J. Copher, Exec. VP, CFO & Sec. (Age 61)
Mr. Donald J. Chery, Exec. VP & Chief Admin. Officer (Age 56)
Ms. Marcia L. Johnson, Sr. VP & Chief Operating Officer (Age 60)
Ms. Angela L. Dose, Sr. VP & Principal Accounting Officer

What is Glacier Bancorp's stock symbol?

Glacier Bancorp trades on the NASDAQ under the ticker symbol "GBCI."

Who are Glacier Bancorp's major shareholders?

Glacier Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.06%), State Street Corp (3.44%), Silvercrest Asset Management Group LLC (2.54%), GW&K Investment Management LLC (1.57%), Bank of New York Mellon Corp (1.52%) and Geode Capital Management LLC (1.34%). Company insiders that own Glacier Bancorp stock include David C Boyles, John W Murdoch, Randall M Chesler and Ron J Copher. View institutional ownership trends for Glacier Bancorp.

Which institutional investors are selling Glacier Bancorp stock?

GBCI stock was sold by a variety of institutional investors in the last quarter, including Blair William & Co. IL, BlackRock Inc., Eagle Asset Management Inc., Carillon Tower Advisers Inc., Morgan Stanley, Morgan Stanley, King Luther Capital Management Corp, and The Manufacturers Life Insurance Company . View insider buying and selling activity for Glacier Bancorp.

Which institutional investors are buying Glacier Bancorp stock?

GBCI stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Matarin Capital Management LLC, William Blair Investment Management LLC, Private Wealth Group LLC, Geode Capital Management LLC, GW&K Investment Management LLC, JPMorgan Chase & Co., and Silvercrest Asset Management Group LLC. Company insiders that have bought Glacier Bancorp stock in the last two years include John W Murdoch, Randall M Chesler, and Ron J Copher. View insider buying and selling activity for Glacier Bancorp.

How do I buy shares of Glacier Bancorp?

Shares of GBCI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Glacier Bancorp's stock price today?

One share of GBCI stock can currently be purchased for approximately $43.13.

How big of a company is Glacier Bancorp?

Glacier Bancorp has a market capitalization of $4.11 billion and generates $676.95 million in revenue each year. The bank earns $210.54 million in net income (profit) each year or $2.38 on an earnings per share basis. Glacier Bancorp employs 3,046 workers across the globe.

What is Glacier Bancorp's official website?

The official website for Glacier Bancorp is www.glacierbancorp.com.

How can I contact Glacier Bancorp?

Glacier Bancorp's mailing address is 49 COMMONS LOOP, KALISPELL MT, 59901. The bank can be reached via phone at 406-751-7708 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff