Columbia Banking System, Inc. (NASDAQ:COLB - Free Report) - Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Columbia Banking System in a research note issued on Monday, January 27th. DA Davidson analyst J. Rulis forecasts that the financial services provider will post earnings of $0.65 per share for the quarter. The consensus estimate for Columbia Banking System's current full-year earnings is $2.74 per share.
Columbia Banking System (NASDAQ:COLB - Get Free Report) last announced its earnings results on Thursday, January 23rd. The financial services provider reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.06. Columbia Banking System had a return on equity of 11.21% and a net margin of 17.99%.
Several other research analysts have also weighed in on COLB. Barclays raised their price objective on shares of Columbia Banking System from $29.00 to $33.00 and gave the stock an "equal weight" rating in a report on Thursday, December 5th. Royal Bank of Canada upped their price objective on Columbia Banking System from $29.00 to $31.00 and gave the company a "sector perform" rating in a research note on Friday, October 25th. Citigroup lowered their price target on Columbia Banking System from $31.00 to $30.00 and set a "neutral" rating for the company in a report on Monday. Wedbush raised their price objective on Columbia Banking System from $31.00 to $35.00 and gave the stock an "outperform" rating in a research note on Friday, October 25th. Finally, UBS Group initiated coverage on shares of Columbia Banking System in a research note on Tuesday, December 17th. They set a "neutral" rating and a $32.00 target price for the company. Ten investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $30.38.
Get Our Latest Stock Report on Columbia Banking System
Columbia Banking System Stock Down 0.5 %
Shares of Columbia Banking System stock traded down $0.13 on Tuesday, hitting $27.90. 1,119,638 shares of the company's stock traded hands, compared to its average volume of 1,432,908. The firm's 50-day moving average is $28.59 and its 200 day moving average is $26.89. The stock has a market cap of $5.85 billion, a P/E ratio of 10.98 and a beta of 0.67. Columbia Banking System has a 52-week low of $17.08 and a 52-week high of $32.85.
Columbia Banking System Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Friday, November 29th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.16%. The ex-dividend date was Friday, November 29th. Columbia Banking System's dividend payout ratio (DPR) is 56.69%.
Institutional Trading of Columbia Banking System
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Principal Securities Inc. raised its holdings in Columbia Banking System by 171.3% during the fourth quarter. Principal Securities Inc. now owns 2,127 shares of the financial services provider's stock worth $57,000 after purchasing an additional 1,343 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Columbia Banking System by 54.9% during the 3rd quarter. GAMMA Investing LLC now owns 3,640 shares of the financial services provider's stock valued at $95,000 after purchasing an additional 1,290 shares during the period. Farther Finance Advisors LLC raised its stake in shares of Columbia Banking System by 1,507.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,855 shares of the financial services provider's stock worth $127,000 after buying an additional 4,553 shares in the last quarter. Hexagon Capital Partners LLC lifted its holdings in shares of Columbia Banking System by 26.5% in the third quarter. Hexagon Capital Partners LLC now owns 5,209 shares of the financial services provider's stock valued at $136,000 after buying an additional 1,091 shares during the period. Finally, Signaturefd LLC boosted its stake in Columbia Banking System by 14.0% during the third quarter. Signaturefd LLC now owns 5,767 shares of the financial services provider's stock valued at $151,000 after buying an additional 709 shares in the last quarter. 92.53% of the stock is currently owned by institutional investors.
Columbia Banking System Company Profile
(
Get Free Report)
Columbia Banking System, Inc operates as the holding company of Umpqua Bank that provides banking, private banking, mortgage, and other financial services in the United States. The company offers deposit products, including business, non-interest bearing checking, interest-bearing checking and savings, money market, and certificate of deposit accounts; and insured cash sweep and other investment sweep solutions.
Read More
Before you consider Columbia Banking System, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Columbia Banking System wasn't on the list.
While Columbia Banking System currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
