Media stories about Glacier Bancorp (NASDAQ:GBCI) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Glacier Bancorp earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.2940924621935 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Glacier Bancorp (GBCI) opened at $38.73 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.85 and a quick ratio of 0.84. Glacier Bancorp has a 12-month low of $31.38 and a 12-month high of $41.24. The stock has a market cap of $3,390.40, a P/E ratio of 25.82, a P/E/G ratio of 1.79 and a beta of 1.34.
Glacier Bancorp (NASDAQ:GBCI) last released its earnings results on Thursday, January 25th. The bank reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.02). Glacier Bancorp had a return on equity of 11.46% and a net margin of 23.88%. The company had revenue of $117.54 million during the quarter, compared to analyst estimates of $122.23 million. analysts anticipate that Glacier Bancorp will post 2.25 EPS for the current fiscal year.
A number of equities research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Glacier Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. SunTrust Banks reissued a “buy” rating and issued a $42.00 target price on shares of Glacier Bancorp in a research report on Wednesday, November 29th. BidaskClub raised shares of Glacier Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, February 3rd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $41.00 target price on shares of Glacier Bancorp in a research report on Friday, December 22nd. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $41.25.
In other Glacier Bancorp news, Director James M. English sold 5,000 shares of Glacier Bancorp stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $41.01, for a total transaction of $205,050.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.65% of the company’s stock.
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Glacier Bancorp Company Profile
Glacier Bancorp, Inc is a bank holding company. The Company provides commercial banking services. As of January 26, 2018, it provided banking services from 146 locations in Montana, Idaho, Wyoming, Colorado, Utah and Washington, through its bank subsidiary, Glacier Bank (the Bank). It offers a range of banking products and services, including transaction and savings deposits, real estate, commercial, agriculture, and consumer loans and mortgage origination services.
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