Top investors say Banner Corp (BANR) ticks everything they need

With 0.18 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.23 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $67.12 whereas the lowest price it dropped to was $65.73. The 52-week range on BANR shows that it touched its highest point at $78.05 and its lowest point at $42.00 during that stretch. It currently has a 1-year price target of $74.00. With its current market cap of 2.30 billion, BANR has annualized dividend of $1.92 while the current yield stands at 2.87%. Beta for the stock currently stands at 1.06.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BANR was up-trending over the past week, with a rise of 0.09%, but this was down by -11.20% over a month. Three-month performance surged to 13.10% while six-month performance rose 33.31%. The stock gained 29.39% in the past year, while it has gained 0.09% so far this year. A look at the trailing 12-month EPS for BANR yields 4.78 with Next year EPS estimates of 4.93. For the next quarter, that number is 1.21. This implies an EPS growth rate of -10.82% for this year and 3.65% for next year. EPS is expected to grow by 7.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.13%.

Float and Shares Shorts:

At present, 34.46 million BANR shares are outstanding with a float of 33.62 million shares on hand for trading. On 2024-12-13, short shares totaled 0.89 million, which was 257.99999 higher than short shares on 1731628800. In addition to Mr. Mark J. Grescovich as the firm’s President, CEO & Director, Mr. Robert G. Butterfield serves as its Executive VP, CFO & Treasurer.

Institutional Ownership:

Through their ownership of 0.92864 of BANR’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BANR since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BANR analysts setting a high price target of 82.0 and a low target of 65.0, the average target price over the next 12 months is 74.0. Based on these targets, BANR could surge 22.7% to reach the target high and fall by -2.74% to reach the target low. Reaching the average price target will result in a growth of 10.73% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.86047 being high and $4.67541 being low. For BANR, this leads to a yearly average estimate of $4.75333.