Columbia Banking System, Inc (NASDAQ: COLB) is -8.29% 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 $23.94 in the last trading session, with the day’s gains setting it 0.83%.
Currently trading at $24.77, the stock is -4.24% and -8.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 3.47% at the moment leaves the stock -3.14% off its SMA200. COLB registered 28.54% gain for a year compared to 6-month gain of 5.49%. The firm has a 50-day simple moving average (SMA 50) of $26.9912 and a 200-day simple moving average (SMA200) of $25.57275.
The stock witnessed a -9.00% loss in the last 1 month and extending the period to 3 months gives it a -16.09%, and is -1.08% 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 3.44% over the week and 2.92% over the month.
Columbia Banking System, Inc (COLB) has around 4721 employees, a market worth around $5.19B and $2.97B in sales. Current P/E ratio is 9.72 and Fwd P/E is 8.65. Profit margin for the company is 17.96%. Distance from 52-week low is 45.07% and -24.60% 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.
Columbia Banking System, Inc (COLB) Top Institutional Holders
530.0 institutions hold shares in Columbia Banking System, Inc (COLB), with institutional investors hold 95.43% of the company’s shares. The shares outstanding are 209.54M, and float is at 207.89M with Short Float at 3.48%. Institutions hold 94.85% of the Float.
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.
