FY2025 EPS Forecast for Glacier Bancorp Raised by Analyst

Glacier Bancorp, Inc. (NASDAQ:GBCI) – DA Davidson lifted their FY2025 earnings per share estimates for shares of Glacier Bancorp in a research report issued to clients and investors on Monday, January 27th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $2.90 per share for the year, up from their prior estimate of $2.35. The consensus estimate for Glacier Bancorp’s current full-year earnings is $1.73 per share.

A number of other equities research analysts also recently weighed in on GBCI. Piper Sandler cut their price target on shares of Glacier Bancorp from $57.00 to $54.00 and set a “neutral” rating for the company in a report on Monday. Keefe, Bruyette & Woods increased their target price on shares of Glacier Bancorp from $50.00 to $62.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th. Raymond James restated an “outperform” rating and issued a $55.00 price target (up previously from $52.00) on shares of Glacier Bancorp in a research report on Wednesday, January 15th. Finally, Truist Financial increased their price objective on Glacier Bancorp from $50.00 to $53.00 and gave the company a “hold” rating in a research report on Monday, October 28th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $51.50.

Glacier Bancorp Trading Down 0.7 %

Shares of GBCI stock opened at $49.82 on Wednesday. The stock has a 50-day simple moving average of $52.98 and a 200 day simple moving average of $48.76. The stock has a market capitalization of $5.65 billion, a P/E ratio of 31.87 and a beta of 0.81. Glacier Bancorp has a fifty-two week low of $34.35 and a fifty-two week high of $60.67. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.62.

Glacier Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Tuesday, December 10th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 2.65%. The ex-dividend date was Tuesday, December 10th. Glacier Bancorp’s dividend payout ratio is 81.48%.

Institutional Trading of Glacier Bancorp

Several large investors have recently added to or reduced their stakes in the company. Mather Group LLC. boosted its position in shares of Glacier Bancorp by 97.6% in the fourth quarter. Mather Group LLC. now owns 733 shares of the bank’s stock worth $37,000 after buying an additional 362 shares during the period. GAMMA Investing LLC lifted its stake in Glacier Bancorp by 60.4% in the 3rd quarter. GAMMA Investing LLC now owns 2,516 shares of the bank’s stock worth $115,000 after acquiring an additional 947 shares in the last quarter. Venturi Wealth Management LLC boosted its position in Glacier Bancorp by 44.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 2,995 shares of the bank’s stock worth $137,000 after acquiring an additional 927 shares during the period. Wolverine Trading LLC purchased a new position in Glacier Bancorp during the 3rd quarter valued at about $205,000. Finally, Blue Trust Inc. increased its holdings in shares of Glacier Bancorp by 192.9% in the 4th quarter. Blue Trust Inc. now owns 5,087 shares of the bank’s stock valued at $232,000 after purchasing an additional 3,350 shares during the period. 80.17% of the stock is owned by institutional investors and hedge funds.

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.