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Tuesday, December 5, 2023

First Interstate BancSystem Inc. (NASDAQ: FIBK) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for First Interstate BancSystem Inc. (FIBK) shows that investor sentiment remained same, with the stock’s consolidated last price to $25.68. The First Interstate BancSystem Inc. has recorded 19,755 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that First Interstate BancSystem, Inc. Reports Third Quarter Earnings.

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Stocks Info

The company is listed on the NASDAQ and operates within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $25.68 and fluctuated between $26.09 as its day high and $25.64 as its day low. The current market capitalization of First Interstate BancSystem Inc. is $2.70B. A total of 0.58 million shares were traded on the day, compared to an average of 616.88K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, FIBK has seen 2 BUY and 9 SELL insider trades, representing the acquisition of 379,029 and the disposition of 1,498,689 shares. Over the last 12 months, there were 52 BUYs and 51 SELLs from insiders. Insiders purchased 678,503 shares during that period but sold 2,131,063.

In the most recent transaction, SCOTT JULIE A sold 13,400 shares of FIBK for 23.35 per share on Oct 27. After the transaction, the 10% Owner now owns 1,169,700 company shares. In a previous transaction on Sep 13, Scott Jonathan R sold 44,000 shares at 24.87 per share. FIBK shares that Director owns now total 1,051,162.

Among the insiders who sold shares, SCOTT JULIE A disposed of 20,000 shares on Sep 13 at a per-share price of $25.09. This resulted in the 10% Owner holding 1,183,100 shares of FIBK after the transaction. In another insider transaction, SCOTT JULIE A sold 11,928 shares at $25.04 per share on Sep 12. Company shares held by the 10% Owner now total 1,203,100.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. First Interstate BancSystem Inc. pays an annual dividend of $1.88, resulting in a dividend yield of 7.32%, and it has a price to earnings (P/E) ratio of 9.48. FIBK’s most recent ex-dividend date was 11/3/2023 when it declared a $0.47 quarterly dividend that was paid in cash on 11/16/2023. Previously, the company paid the dividend on 8/17/2023 with an ex-dividend date of 8/4/2023. The FIBK stock dividend was $0.47 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for FIBK in the last 3 months, the mean price target is $26.86 with high estimates of $32.00 and low estimates of $24.00. In terms of 52-week highs and lows, FIBK has a high of $44.71 and a low of $20.81.

As of this writing, FIBK has an earnings estimate of $0.59 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.66 per share and a lower estimate of $0.54. The company reported an EPS of $0.65 in the last quarter, which was -3.00% lower than expectations of $0.67.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $29.38, while its Total Shareholder’s Equity was $1.99B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 FIBK is Buy with a score of 3.57.

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