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In the latest session, Columbia Banking System, Inc (NASDAQ: COLB) closed at $26.80 down -6.39% from its previous closing price of $28.63. In other words, the price has decreased by -$6.39 from its previous closing price. On the day, 2.02 million shares were traded. COLB stock price reached its highest trading level at $28.91 during the session, while it also had its lowest trading level at $26.66.
Ratios:
For a deeper understanding of Columbia Banking System, Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.83 whereas as Long-Term Debt/Eq ratio is at 0.79.
On September 24, 2024, Wedbush Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $28 to $31.
On March 08, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $20.Barclays initiated its Equal Weight rating on March 08, 2024, with a $20 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 06 ’24 when SEATON ELIZABETH WHITEHEAD bought 2,685 shares for $18.48 per share. The transaction valued at 49,619 led to the insider holds 25,001 shares of the business.
Lund Randal Lee bought 1,000 shares of COLB for $19,288 on Feb 01 ’24. The Director now owns 17,149 shares after completing the transaction at $19.29 per share. On Jan 31 ’24, another insider, MACHUCA LUIS, who serves as the Director of the company, bought 4,889 shares for $20.58 each. As a result, the insider paid 100,638 and bolstered with 60,835 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COLB now has a Market Capitalization of 5615430656 and an Enterprise Value of 8014300160. As of this moment, Columbia’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.58, and their Forward P/E ratio for the next fiscal year is 9.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.87 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 4.382.
Stock Price History:
Over the past 52 weeks, COLB has reached a high of $32.85, while it has fallen to a 52-week low of $17.08. The 50-Day Moving Average of the stock is -8.59%, while the 200-Day Moving Average is calculated to be 14.99%.
Shares Statistics:
For the past three months, COLB has traded an average of 1.64M shares per day and 1331730 over the past ten days. A total of 209.53M shares are outstanding, with a floating share count of 207.76M. Insiders hold about 0.85% of the company’s shares, while institutions hold 93.58% stake in the company. Shares short for COLB as of 1732838400 were 4968147 with a Short Ratio of 3.03, compared to 1730332800 on 4014742. Therefore, it implies a Short% of Shares Outstanding of 4968147 and a Short% of Float of 2.6600001.
Dividends & Splits
According to the company, the forward annual dividend rate for COLB is 1.44, from 0.36 in the trailing year. Against a Trailing Annual Dividend Yield of 0.012574224