Glacier Bancorp, Inc. (NYSE:GBCI) shares traded -0.08% lower at $37.72 on Wall Street last session.
GBCI stock price is now -0.50% away from the 50-day moving average and 6.51% away from the 200-day moving average. The market capitalization of the company currently stands at $4.28B.
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With the price target maintained at $34, Truist recently Downgraded its rating from Buy to Hold for Glacier Bancorp, Inc. (NYSE: GBCI). On February 21, 2023, Raymond James Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $51, while ‘Truist’ rates the stock as ‘Buy’
A total of 0.55% of the company’s stock is owned by insiders.
During the past 12 months, Glacier Bancorp, Inc. has had a low of $26.83 and a high of $44.06. According to the stock market information, the enterprise value for the company is $7428773376, which is based on a 21.58 price-to-earnings ratio, a 2.16 price-to-earnings-growth ratio, and a beta of 0.79. The fifty day moving average price for GBCI is $37.909 and a two-hundred day moving average price translates $35.43615 for the stock.
The latest earnings results from Glacier Bancorp, Inc. (NYSE: GBCI) was released for 2024-03-31. According to the Banks – Regional Company, earnings per share came in at 0.5, beating analysts’ expectations of 0.49 by 0.01. This compares to $0.55 EPS in the same period last year. The net profit margin was 16.40% and return on equity was 6.44% for GBCI. The company reported revenue of $279.4 million for the quarter, compared to $231.89 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.49 percent. For the current quarter, analysts expect GBCI to generate $180.07M in revenue.
