Headlines about Glacier Bancorp (NASDAQ:GBCI) have trended positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Glacier Bancorp earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.4603795471155 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Glacier Bancorp (NASDAQ GBCI) traded up $0.05 during trading on Monday, hitting $39.87. The company had a trading volume of 299,700 shares, compared to its average volume of 323,644. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market cap of $3,110.14, a P/E ratio of 23.18, a P/E/G ratio of 1.84 and a beta of 1.45. Glacier Bancorp has a 52 week low of $31.38 and a 52 week high of $41.23.
Glacier Bancorp (NASDAQ:GBCI) last posted its quarterly earnings results on Thursday, October 19th. The bank reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. The company had revenue of $120.00 million for the quarter, compared to the consensus estimate of $121.07 million. Glacier Bancorp had a return on equity of 11.35% and a net margin of 27.69%. research analysts predict that Glacier Bancorp will post 1.77 earnings per share for the current fiscal year.
A number of research analysts have weighed in on the company. BidaskClub downgraded Glacier Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $41.00 target price on shares of Glacier Bancorp in a report on Friday, December 22nd. SunTrust Banks reiterated a “buy” rating and set a $42.00 target price on shares of Glacier Bancorp in a report on Wednesday, November 29th. Zacks Investment Research downgraded Glacier Bancorp from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Finally, Piper Jaffray Companies set a $38.00 target price on Glacier Bancorp and gave the stock a “hold” rating in a report on Saturday, October 21st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. Glacier Bancorp presently has a consensus 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 that occurred on Friday, December 8th. The stock was sold at an average price of $38.29, for a total value of $459,480.00. Following the sale, the insider now owns 30,270 shares in the company, valued at approximately $1,159,038.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael J. Blodnick sold 45,060 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $37.88, for a total value of $1,706,872.80. Following the completion of the sale, the director now owns 27,576 shares in the company, valued at approximately $1,044,578.88. The disclosure for this sale can be found here. Insiders sold a total of 82,398 shares of company stock worth $3,138,825 in the last 90 days. 0.65% of the stock is currently owned by company insiders.
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Glacier Bancorp Company Profile
Glacier Bancorp, Inc is a bank holding company. The Company provides commercial banking services. As of December 31, 2016, it provided banking services from approximately 140 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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