Glacier Bancorp, Inc (NYSE:GBCI) shares traded 0.07% higher at $58.42 on Wall Street last session.
GBCI stock price is now 15.50% away from the 50-day moving average and 38.25% away from the 200-day moving average. The market capitalization of the company currently stands at $6.62B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
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’
In other news, Goodwin Annie M., Director sold 5,619 shares of the company’s stock on Jul 31 ’24. The stock was sold for $250,326 at an average price of $44.55. Upon completion of the transaction, the Director now directly owns 9,402 shares in the company, valued at $0.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 31 ’24, Director Goodwin Annie M. bought 5,619 shares of the business’s stock. A total of $250,355 was incurred on buying the stock at an average price of $44.56. A total of 0.50% of the company’s stock is owned by insiders.
During the past 12 months, Glacier Bancorp, Inc has had a low of $32.00 and a high of $60.67. According to the stock market information, the enterprise value for the company is $9523688448, which is based on a 35.98 price-to-earnings ratio, a 3.60 price-to-earnings-growth ratio, and a beta of 0.79. The fifty day moving average price for GBCI is $50.3246 and a two-hundred day moving average price translates $42.1417 for the stock.
The latest earnings results from Glacier Bancorp, Inc (NYSE: GBCI) was released for 2024-09-30. The net profit margin was 14.69% and return on equity was 5.97% for GBCI. The company reported revenue of $289.58 million for the quarter, compared to $264.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.31 percent.
