Glacier Bancorp, Inc (NYSE:GBCI) shares traded 0.07% higher at $58.42 on Wall Street last session.
GBCI stock price is now 15.50% away from the 50-day moving average and 38.25% away from the 200-day moving average. The market capitalization of the company currently stands at $6.62B.
With the price target maintained at $34, Truist recently Downgraded its rating from Buy to Hold for Glacier Bancorp, Inc (NYSE: GBCI). On February 21, 2023, Raymond James Upgraded its previous ‘Mkt Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $51, while ‘Truist’ rates the stock as ‘Buy’
In other news, Goodwin Annie M., Director sold 5,619 shares of the company’s stock on Jul 31 ’24. The stock was sold for $250,326 at an average price of $44.55. Upon completion of the transaction, the Director now directly owns 9,402 shares in the company, valued at $0.55 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 31 ’24, Director Goodwin Annie M. bought 5,619 shares of the business’s stock. A total of $250,355 was incurred on buying the stock at an average price of $44.56. A total of 0.50% of the company’s stock is owned by insiders.
During the past 12 months, Glacier Bancorp, Inc has had a low of $32.00 and a high of $60.67. According to the stock market information, the enterprise value for the company is $9523688448, which is based on a 35.98 price-to-earnings ratio, a 3.60 price-to-earnings-growth ratio, and a beta of 0.79. The fifty day moving average price for GBCI is $50.3246 and a two-hundred day moving average price translates $42.1417 for the stock.
The latest earnings results from Glacier Bancorp, Inc (NYSE: GBCI) was released for 2024-09-30. The net profit margin was 14.69% and return on equity was 5.97% for GBCI. The company reported revenue of $289.58 million for the quarter, compared to $264.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 9.31 percent.
