FY2025 EPS Estimate for Glacier Bancorp Decreased by Analyst

Glacier Bancorp, Inc. (NASDAQ:GBCI) – Equities researchers at DA Davidson decreased their FY2025 earnings per share (EPS) estimates for shares of Glacier Bancorp in a note issued to investors on Thursday, January 16th. DA Davidson analyst J. Rulis now anticipates that the bank will earn $2.35 per share for the year, down from their previous estimate of $2.40. The consensus estimate for Glacier Bancorp’s current full-year earnings is $1.71 per share.

Several other research analysts also recently issued reports on the company. Piper Sandler upped their price objective on Glacier Bancorp from $56.00 to $57.00 and gave the stock a “neutral” rating in a report on Wednesday, January 15th. Keefe, Bruyette & Woods upped their price objective on Glacier Bancorp from $50.00 to $62.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Truist Financial increased their price target on Glacier Bancorp from $50.00 to $53.00 and gave the company a “hold” rating in a research note on Monday, October 28th. Finally, Raymond James reissued an “outperform” rating and issued a $55.00 price target (up previously from $52.00) on shares of Glacier Bancorp in a research note on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Glacier Bancorp presently has a consensus rating of “Hold” and a consensus price target of $52.00.

Glacier Bancorp Stock Up 2.0 %

NASDAQ:GBCI opened at $52.21 on Monday. The stock’s fifty day moving average price is $53.52 and its two-hundred day moving average price is $48.27. Glacier Bancorp has a 52-week low of $34.35 and a 52-week high of $60.67. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market cap of $5.92 billion, a price-to-earnings ratio of 32.23 and a beta of 0.81.

Glacier Bancorp (NASDAQ:GBCI) last announced its earnings results on Thursday, October 24th. The bank reported $0.45 EPS for the quarter, topping the consensus estimate of $0.42 by $0.03. The business had revenue of $324.28 million for the quarter, compared to the consensus estimate of $212.57 million. Glacier Bancorp had a return on equity of 5.84% and a net margin of 14.69%. During the same period in the previous year, the business earned $0.47 EPS.

Hedge Funds Weigh In On Glacier Bancorp

A number of large investors have recently added to or reduced their stakes in the company. B.O.S.S. Retirement Advisors LLC bought a new position in Glacier Bancorp during the 4th quarter worth about $251,000. SG Americas Securities LLC grew its holdings in shares of Glacier Bancorp by 39.2% in the 4th quarter. SG Americas Securities LLC now owns 15,873 shares of the bank’s stock valued at $797,000 after acquiring an additional 4,469 shares in the last quarter. Argent Capital Management LLC grew its holdings in shares of Glacier Bancorp by 38.6% in the 4th quarter. Argent Capital Management LLC now owns 17,411 shares of the bank’s stock valued at $874,000 after acquiring an additional 4,853 shares in the last quarter. Park Avenue Securities LLC bought a new position in shares of Glacier Bancorp in the 4th quarter valued at about $273,000. Finally, GAMMA Investing LLC grew its holdings in shares of Glacier Bancorp by 20.9% in the 4th quarter. GAMMA Investing LLC now owns 3,042 shares of the bank’s stock valued at $153,000 after acquiring an additional 526 shares in the last quarter. Institutional investors own 80.17% of the company’s stock.

Glacier Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Tuesday, December 10th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date was Tuesday, December 10th. Glacier Bancorp’s dividend payout ratio (DPR) is presently 81.48%.

Glacier Bancorp Company Profile

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.