FY2025 EPS Estimates for Glacier Bancorp Lifted by Analyst

Glacier Bancorp, Inc. (NASDAQ:GBCI) – Equities research analysts at DA Davidson raised their FY2025 earnings per share estimates for shares of Glacier Bancorp in a research note issued on Monday, April 28th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings per share of $2.30 for the year, up from their prior forecast of $2.20. The consensus estimate for Glacier Bancorp’s current full-year earnings is $2.45 per share.

Glacier Bancorp (NASDAQ:GBCI) last posted its quarterly earnings data on Monday, April 28th. The bank reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Glacier Bancorp had a return on equity of 5.98% and a net margin of 14.99%. During the same period in the previous year, the firm earned $0.29 earnings per share.

Several other equities research analysts have also recently issued reports on GBCI. Keefe, Bruyette & Woods lowered their price objective on Glacier Bancorp from $55.00 to $50.00 and set a “market perform” rating on the stock in a report on Monday. Raymond James set a $45.00 target price on shares of Glacier Bancorp in a report on Monday. Piper Sandler decreased their price target on shares of Glacier Bancorp from $57.00 to $54.00 and set a “neutral” rating on the stock in a research note on Monday, January 27th. Finally, Stephens upgraded shares of Glacier Bancorp from a “hold” rating to a “strong-buy” rating in a report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Glacier Bancorp presently has a consensus rating of “Hold” and a consensus price target of $50.50.

Glacier Bancorp Stock Down 1.4 %

Shares of NASDAQ GBCI opened at $40.80 on Wednesday. The firm has a market cap of $4.63 billion, a price-to-earnings ratio of 24.43 and a beta of 0.80. The company’s 50-day simple moving average is $43.11 and its 200-day simple moving average is $49.01. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.63. Glacier Bancorp has a 52-week low of $34.48 and a 52-week high of $60.67.

Hedge Funds Weigh In On Glacier Bancorp

Large investors have recently modified their holdings of the business. Capital International Investors lifted its position in Glacier Bancorp by 5.8% in the fourth quarter. Capital International Investors now owns 2,092,571 shares of the bank’s stock valued at $105,089,000 after buying an additional 115,620 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Glacier Bancorp by 7.7% in the 4th quarter. Northern Trust Corp now owns 1,763,983 shares of the bank’s stock valued at $88,587,000 after buying an additional 126,316 shares during the period. Bank of New York Mellon Corp lifted its stake in Glacier Bancorp by 4.6% during the 4th quarter. Bank of New York Mellon Corp now owns 1,194,495 shares of the bank’s stock worth $59,988,000 after acquiring an additional 52,566 shares in the last quarter. Norges Bank acquired a new stake in shares of Glacier Bancorp during the fourth quarter worth about $56,923,000. Finally, Snyder Capital Management L P grew its holdings in shares of Glacier Bancorp by 3.4% in the fourth quarter. Snyder Capital Management L P now owns 1,123,980 shares of the bank’s stock valued at $56,446,000 after purchasing an additional 37,472 shares in the last quarter. Institutional investors and hedge funds own 80.17% of the company’s stock.

Glacier Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Tuesday, April 8th were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $1.32 annualized dividend and a yield of 3.24%. Glacier Bancorp’s dividend payout ratio (DPR) is 70.97%.

About Glacier Bancorp

Glacier Bancorp, Inc operates as the bank 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. The company offers retail banking, business banking, and mortgage origination and loan servicing services.