Share on StockTwits

Glacier Bancorp (NASDAQ:GBCI) announced a quarterly dividend on Wednesday, June 25th, StockRatingsNetwork reports. Stockholders of record on Tuesday, July 8th will be paid a dividend of 0.17 per share on Thursday, July 17th. This represents a $0.68 annualized dividend and a dividend yield of 2.43%.

A number of research firms have recently commented on GBCI. Analysts at SunTrust reiterated a “buy” rating on shares of Glacier Bancorp in a research note on Thursday, May 29th. They now have a $34.00 price target on the stock, down previously from $37.00. On the ratings front, analysts at Zacks downgraded shares of Glacier Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, May 9th. Finally, analysts at Zacks upgraded shares of Glacier Bancorp from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 9th. They now have a $31.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Glacier Bancorp presently has a consensus rating of “Buy” and a consensus price target of $32.50.

Shares of Glacier Bancorp (NASDAQ:GBCI) traded up 0.07% during mid-day trading on Wednesday, hitting $27.95. The stock had a trading volume of 290,428 shares. Glacier Bancorp has a 52-week low of $21.48 and a 52-week high of $30.88. The stock has a 50-day moving average of $26. and a 200-day moving average of $27.77. The company has a market cap of $2.081 billion and a P/E ratio of 20.28.

Glacier Bancorp (NASDAQ:GBCI) last issued its quarterly earnings data on Monday, April 21st. The company reported $0.36 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.37 by $0.01. On average, analysts predict that Glacier Bancorp will post $1.55 earnings per share for the current fiscal year.

Glacier Bancorp, Inc is a regional multi-bank holding company. As of December 31, 2012, the Company provided commercial banking services from 108 locations in Montana, Idaho, Wyoming, Colorado, Utah and Washington.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.