Columbia Banking System, Inc (NASDAQ: COLB) is -7.55% lower on its value in year-to-date trading and has touched a low of $17.08 and a high of $32.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COLB stock was last observed hovering at around $25.25 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $24.97, the stock is -7.09% and -8.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing -1.11% at the moment leaves the stock -1.81% off its SMA200. COLB registered 38.11% gain for a year compared to 6-month gain of 1.22%.
The stock witnessed a -10.95% loss in the last 1 month and extending the period to 3 months gives it a -19.11%, and is -6.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.04% over the week and 2.65% over the month.
Columbia Banking System, Inc (COLB) has around 4721 employees, a market worth around $5.23B and $2.97B in sales. Current P/E ratio is 9.80 and Fwd P/E is 8.72. Profit margin for the company is 17.96%. Distance from 52-week low is 46.24% and -23.99% from its 52-week high. The company has generated returns on investments over the last 12 months (6.10%).
with sales reaching $482.86M over the same period.The EPS is expected to shrink by -1.24% this year, but quarterly earnings will post 2.82% year-over-year. Quarterly sales are estimated to grow 1.93% in year-over-year returns.
The shares outstanding are 209.54M, and float is at 207.83M with Short Float at 2.60%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.23 million shares valued at $442.22 million. The investor’s holdings represent 10.6756 of the COLB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.32 million shares valued at $364.46 million to account for 8.7985 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 11.57 million shares representing 5.5498 and valued at over $230.15 million, while STATE STREET CORP holds 5.1031 of the shares totaling 10.64 million with a market value of $211.63 million.
Columbia Banking System, Inc (COLB) Insider Activity
The most recent transaction is an insider sale by Nixon Torran B, the company’s Senior Executive VP. SEC filings show that Nixon Torran B sold 4,481 shares of the company’s common stock on Mar 04 ’25 at a price of $25.99 per share for a total of $0.12 million. Following the sale, the insider now owns 0.1 million shares.
