News headlines about Glacier Bancorp (NASDAQ:GBCI) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Glacier Bancorp earned a news impact score of 0.19 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 46.9511958086362 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Glacier Bancorp (GBCI) opened at $40.39 on Friday. Glacier Bancorp has a 1 year low of $31.38 and a 1 year high of $41.23. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market cap of $3,200.00, a price-to-earnings ratio of 26.93, a PEG ratio of 1.77 and a beta of 1.38.
Glacier Bancorp (NASDAQ:GBCI) last issued its quarterly earnings data on Thursday, January 25th. The bank reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). Glacier Bancorp had a net margin of 23.88% and a return on equity of 11.46%. The business had revenue of $117.54 million for the quarter, compared to the consensus estimate of $122.23 million. sell-side analysts forecast that Glacier Bancorp will post 2.25 earnings per share for the current year.
A number of equities research analysts have commented on GBCI shares. Piper Jaffray Companies set a $38.00 target price on shares of Glacier Bancorp and gave the stock a “hold” rating in a research report on Saturday, October 21st. SunTrust Banks set a $41.00 target price on shares of Glacier Bancorp and gave the stock a “buy” rating in a research report on Saturday, October 21st. Zacks Investment Research downgraded shares of Glacier Bancorp from a “hold” rating to a “sell” rating in a research report on Monday, October 23rd. BidaskClub raised shares of Glacier Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $41.00 target price on shares of Glacier Bancorp in a research report on Friday, December 22nd. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Glacier Bancorp has an average rating of “Hold” and a consensus price target of $41.25.
In related news, insider Don J. Chery sold 12,000 shares of the company’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $38.29, for a total value of $459,480.00. Following the completion of the transaction, the insider now owns 30,270 shares of the company’s stock, valued at approximately $1,159,038.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael J. Blodnick sold 25,338 shares of the company’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $38.38, for a total transaction of $972,472.44. Following the completion of the transaction, the director now directly owns 25,497 shares of the company’s stock, valued at approximately $978,574.86. The disclosure for this sale can be found here. Insiders own 0.65% of the company’s stock.
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Glacier Bancorp Company Profile
Glacier Bancorp, Inc is a bank holding company. The Company provides commercial banking services. As of January 26, 2018, it provided banking services from 146 locations in Montana, Idaho, Wyoming, Colorado, Utah and Washington, through its bank subsidiary, Glacier Bank (the Bank). It offers a range of banking products and services, including transaction and savings deposits, real estate, commercial, agriculture, and consumer loans and mortgage origination services.
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