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Saturday, December 9, 2023

Is Glacier Bancorp, Inc. (NYSE: GBCI) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Glacier Bancorp, Inc. (GBCI) shows that investor sentiment remained same, with the stock’s consolidated last price to $31.90. The Glacier Bancorp, Inc. has recorded 48,554 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Glacier Bancorp, Inc. Announces Results for the Quarter and Period Ended September 30, 2023.

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Stocks Info

GBCI belongs to the Financial sector of the NYSE while operating in the Banks – Regional industry. The current market capitalization of Glacier Bancorp, Inc. is $3.54B. A total of 0.64 million shares were traded on the day, compared to an average of 647.64K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, GBCI has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 3,280 shares. Over the last 12 months, there were 25 BUYs and 4 SELLs from insiders. Insiders purchased 75,712 shares during that period but sold 15,190.

In the most recent transaction, Chery Don J. bought 1,000 shares of GBCI for 27.16 per share on May 11. After the transaction, the EXECUTIVE VICE PRESIDENT/CAO now owns 49,741 company shares. In a previous transaction on May 08, Chesler Randall M bought 1,223 shares at 28.68 per share. GBCI shares that PRESIDENT/CEO owns now total 4,685.

Among the insiders who bought shares, Langel Craig A acquired of 3,250 shares on May 02 at a per-share price of $29.55. This resulted in the CHAIRMAN OF THE BOARD holding 92,207 shares of GBCI after the transaction. In another insider transaction, Chesler Randall M bought 337 shares at $29.78 per share on May 02. Company shares held by the PRESIDENT/CEO now total 3,462.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Glacier Bancorp, Inc. pays an annual dividend of $1.32, resulting in a dividend yield of 4.14%, and it has a price to earnings (P/E) ratio of 14.25.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for GBCI in the last 3 months, the mean price target is $33.57 with high estimates of $36.00 and low estimates of $30.00. In terms of 52-week highs and lows, GBCI has a high of $59.70 and a low of $26.77.

As of this writing, GBCI has an earnings estimate of $0.37 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.42 per share and a lower estimate of $0.27. The company reported an EPS of $0.5 in the last quarter, which was 2.00% higher than expectations of $0.49.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $25.93, while its Total Shareholder’s Equity was $3.18B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GBCI is Buy with a score of 3.50.

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