Columbia Banking System, Inc (COLB) concluded trading on Thursday at a closing price of $23.32, with 8.1 million shares of worth about $188.93 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.43% during that period and on April 24, 2025 the price saw a loss of about -0.85%. Currently the company’s common shares owned by public are about 210.11M shares, out of which, 208.35M shares are available for trading.
Stock saw a price change of 6.24% in past 5 days and over the past one month there was a price change of -8.80%. Year-to-date (YTD), COLB shares are showing a performance of -13.66% which increased to 24.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.11 but also hit the highest price of $32.85 during that period. The average intraday trading volume for Columbia Banking System, Inc shares is 1.60 million. The stock is currently trading 3.16% above its 20-day simple moving average (SMA20), while that difference is down -4.80% for SMA50 and it goes to -10.95% lower than SMA200.
Columbia Banking System, Inc (NASDAQ: COLB) currently have 210.11M outstanding shares and institutions hold larger chunk of about 92.86% of that.
The stock has a current market capitalization of $4.90B and its 3Y-monthly beta is at 0.56. PE ratio of stock for trailing 12 months is 9.86, while it has posted earnings per share of $2.37 in the same period. Its PEG reads 1.85 while making debt-to-equity ratio of 0.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COLB, volatility over the week remained 3.57% while standing at 5.04% over the month.
Analysts are in expectations that Columbia Banking System, Inc (COLB) stock would likely to be making an EPS of 0.67 in the current quarter, while forecast for next quarter EPS is 0.68 and it is 2.99 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.64 which is 0.69 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.67 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -2.07% while it is estimated to increase by 13.71% in next year. EPS is likely to grow at an annualized rate of 5.34% for next 5-years, compared to annual growth of -0.98% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on January 06, 2025 offering an Overweight rating for the stock and assigned a target price range of between $33 and $35 to it. On September 24, 2024, Wedbush Upgrade their recommendations, while on March 08, 2024, Barclays Initiated their ratings for the stock with a price target of $20. Stock get an Equal-weight rating from Stephens on January 25, 2024.
