Glacier Bancorp, Inc. (NASDAQ:GBCI) declared a dividend on Thursday, December 31st, investing.com reports. Shareholders of record on Friday, January 8th will be paid a dividend of 0.30 per share by the bank on Tuesday, January 19th. This represents a dividend yield of 2.64%. The ex-dividend date is Thursday, January 7th.
Glacier Bancorp has increased its dividend payment by 38.8% over the last three years and has raised its dividend every year for the last 2 years.
Shares of Glacier Bancorp stock opened at $45.88 on Thursday. The business has a 50 day simple moving average of $43.76 and a two-hundred day simple moving average of $37.28. Glacier Bancorp has a 12 month low of $26.66 and a 12 month high of $47.05. The stock has a market capitalization of $4.38 billion, a P/E ratio of 17.99 and a beta of 1.04. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.82 and a quick ratio of 0.81.
A number of equities research analysts have recently issued reports on the company. Piper Sandler dropped their price target on Glacier Bancorp from $38.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, October 1st. TheStreet upgraded Glacier Bancorp from a “c+” rating to a “b-” rating in a research report on Friday, October 30th. Zacks Investment Research lowered Glacier Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 23rd. ValuEngine upgraded Glacier Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, December 16th. Finally, BidaskClub upgraded Glacier Bancorp from a “hold” rating to a “buy” rating in a research report on Thursday, December 17th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Glacier Bancorp presently has a consensus rating of “Buy” and an average price target of $38.50.
Glacier Bancorp Company Profile
Glacier Bancorp, Inc operates as the 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. It offers non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposits, negotiated-rate jumbo certificates, and individual retirement accounts.
Recommended Story: Momentum Indicators
Receive News & Ratings for Glacier Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glacier Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.