Media headlines about Glacier Bancorp (NASDAQ:GBCI) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Glacier Bancorp earned a news impact score of 0.10 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 45.2940924621935 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
NASDAQ GBCI traded down $1.17 on Friday, hitting $37.55. The company had a trading volume of 344,897 shares, compared to its average volume of 379,634. The firm has a market cap of $3,272.09, a PE ratio of 22.13, a PEG ratio of 1.72 and a beta of 1.30. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.84 and a current ratio of 0.85. Glacier Bancorp has a 12-month low of $31.38 and a 12-month high of $41.24.
Glacier Bancorp (NASDAQ:GBCI) last issued its quarterly earnings results on Thursday, January 25th. The bank reported $0.44 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.02). The company had revenue of $117.54 million during the quarter, compared to analysts’ expectations of $122.23 million. Glacier Bancorp had a return on equity of 11.46% and a net margin of 23.88%. equities analysts predict that Glacier Bancorp will post 2.25 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 19th. Investors of record on Tuesday, April 10th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 2.45%. The ex-dividend date is Monday, April 9th. This is a positive change from Glacier Bancorp’s previous quarterly dividend of $0.21. Glacier Bancorp’s payout ratio is presently 48.00%.
Several brokerages have commented on GBCI. BidaskClub upgraded shares of Glacier Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, February 3rd. Keefe, Bruyette & Woods restated a “hold” rating and set a $41.00 price objective on shares of Glacier Bancorp in a research note on Friday, December 22nd. Zacks Investment Research upgraded shares of Glacier Bancorp from a “sell” rating to a “buy” rating and set a $44.00 target price for the company in a research note on Monday, January 1st. SunTrust Banks reiterated a “buy” rating and issued a $43.00 target price on shares of Glacier Bancorp in a research note on Tuesday, January 9th. Finally, Sandler O’Neill reiterated a “hold” rating and issued a $41.00 target price on shares of Glacier Bancorp in a research note on Thursday, March 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $41.20.
In related news, Director James M. English sold 5,000 shares of the business’s stock in a transaction on Tuesday, March 13th. The shares were sold at an average price of $41.01, for a total value of $205,050.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.42% of the stock is currently owned by insiders.
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About Glacier Bancorp
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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