With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.82 million shares. The 52-week range on FIBK shows that it touched its highest point at $36.77 and its lowest point at $22.95 during that stretch. It currently has a 1-year price target of $30.25. With its current market cap of 2.72 billion, FIBK has annualized dividend of $1.41 while the current yield stands at 5.35%. Beta for the stock currently stands at 0.76.
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 FIBK was up-trending over the past week, with a rise of 0.59%, but this was up by 7.55% over a month. Three-month performance dropped to -20.22% while six-month performance fell -14.39%. The stock lost -4.67% in the past year, while it has lost -18.85% so far this year. A look at the trailing 12-month EPS for FIBK yields 2.11 with Next year EPS estimates of 2.64. For the next quarter, that number is 0.58. This implies an EPS growth rate of 6.39% for this year and 13.24% for next year. EPS is expected to grow by 11.61% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -5.02%.
Float and Shares Shorts:
At present, 104.91 million FIBK shares are outstanding with a float of 88.83 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FIBK since 3 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, 0 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.
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 $2.2249 being high and $2.03143 being low. For FIBK, this leads to a yearly average estimate of $2.12817.
