Columbia Financial, Inc (NASDAQ: CLBK) is -16.00% lower on its value in year-to-date trading and has touched a low of $12.64 and a high of $19.28 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 CLBK stock was last observed hovering at around $13.28 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $13.28, the stock is -5.99% and -11.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing 0.00% at the moment leaves the stock -18.85% off its SMA200. CLBK registered -16.64% loss for a year compared to 6-month loss of -22.11%. The firm has a 50-day simple moving average (SMA 50) of $15.005 and a 200-day simple moving average (SMA200) of $16.3645.
The stock witnessed a -13.77% gain in the last 1 month and extending the period to 3 months gives it a -16.11%, and is 0.61% up 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 3.99% over the week and 3.90% over the month.
Columbia Financial, Inc (CLBK) has around 755 employees, a market worth around $1.39B and $450.73M in sales. Fwd P/E is 24.37. Profit margin for the company is -2.59%. Distance from 52-week low is 5.06% and -31.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.69%).
The EPS is expected to grow by 490.91% this year
167.0 institutions hold shares in Columbia Financial, Inc (CLBK), with institutional investors hold 51.05% of the company’s shares. The shares outstanding are 104.76M, and float is at 26.63M with Short Float at 7.52%. Institutions hold 13.08% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.68 million shares valued at $40.11 million. The investor’s holdings represent 2.6335 of the CLBK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.3 million shares valued at $34.37 million to account for 2.2587 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 1.77 million shares representing 1.7372 and valued at over $26.43 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 1.2888 of the shares totaling 1.31 million with a market value of $19.61 million.
Columbia Financial, Inc (CLBK) Insider Activity
The most recent transaction is an insider sale by Holland Noel R., the company’s Director. SEC filings show that Holland Noel R. sold 10,000 shares of the company’s common stock on Dec 12 ’24 at a price of $17.06 per share for a total of $0.17 million. Following the sale, the insider now owns 30501.0 shares.
