Glacier Bancorp FY2025 EPS Forecast Boosted by DA Davidson

Glacier Bancorp, Inc. (NASDAQ:GBCI) – Analysts at DA Davidson lifted their FY2025 earnings per share estimates for Glacier Bancorp in a research note issued on Monday, January 27th. DA Davidson analyst J. Rulis now expects that the bank will post earnings per share of $2.90 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.

Other equities analysts also recently issued research reports about the company. Keefe, Bruyette & Woods increased their price objective on Glacier Bancorp from $50.00 to $62.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Truist Financial lifted their price objective on shares of Glacier Bancorp from $50.00 to $53.00 and gave the company a “hold” rating in a research note on Monday, October 28th. Piper Sandler decreased their price objective on shares of Glacier Bancorp from $57.00 to $54.00 and set a “neutral” rating for the company in a report on Monday. Finally, Raymond James reaffirmed 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. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Glacier Bancorp currently has an average rating of “Hold” and a consensus target price of $51.50.

Glacier Bancorp Stock Performance

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

Institutional Investors Weigh In On Glacier Bancorp

A number of hedge funds have recently bought and sold shares of the company. Financial Advocates Investment Management boosted its stake in Glacier Bancorp by 1.9% during the 4th quarter. Financial Advocates Investment Management now owns 16,267 shares of the bank’s stock valued at $817,000 after purchasing an additional 311 shares during the period. Pacer Advisors Inc. boosted its position in shares of Glacier Bancorp by 1.6% in the fourth quarter. Pacer Advisors Inc. now owns 22,319 shares of the bank’s stock valued at $1,121,000 after acquiring an additional 350 shares during the period. Mather Group LLC. grew its stake 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 acquiring an additional 362 shares during the last quarter. Cladis Investment Advisory LLC increased its position in Glacier Bancorp by 1.6% during the third quarter. Cladis Investment Advisory LLC now owns 32,698 shares of the bank’s stock worth $1,494,000 after acquiring an additional 500 shares during the period. Finally, HighTower Advisors LLC raised its stake in Glacier Bancorp by 9.4% during the 3rd quarter. HighTower Advisors LLC now owns 5,882 shares of the bank’s stock valued at $277,000 after purchasing an additional 507 shares during the last quarter. 80.17% of the stock is currently owned by institutional investors.

Glacier Bancorp Announces Dividend

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

Glacier Bancorp Company Profile

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.