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Saturday, December 9, 2023

Searching For Real Value In Market Debris At Glacier Bancorp, Inc. (NYSE: GBCI)

After Hours

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. After-hours trades for Glacier Bancorp, Inc. (GBCI) shows that investor sentiment remained same, with the stock’s consolidated last price to $33.68. The Glacier Bancorp, Inc. has recorded 27,793 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Glacier Bancorp, Inc. Declares Quarterly Dividend.

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Stocks Info

As a NYSE listed company, GBCI falls under the Financial sector while operating within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $33.68 and fluctuated between $34.32 as its day high and $33.55 as its day low. The current market capitalization of Glacier Bancorp, Inc. is $3.73B. A total of 0.53 million shares were traded on the day, compared to an average of 656.48K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. 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.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Glacier Bancorp, Inc. pays an annual dividend of $1.32, resulting in a dividend yield of 3.92%, and it has a price to earnings (P/E) ratio of 15.04.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. 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 $58.84 and a low of $26.77.

As of this writing, GBCI has an earnings estimate of $0.39 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.41 per share and a lower estimate of $0.36. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $25.93, while its Total Shareholder’s Equity was $3.18B.

Analysts Opinion

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. 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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