First Interstate BancSystem Inc (NASDAQ: FIBK) is -17.92% lower on its value in year-to-date trading and has touched a low of $22.95 and a high of $36.77 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 FIBK stock was last observed hovering at around $26.19 in the last trading session, with the day’s gains setting it 0.46%.
Currently trading at $26.65, the stock is 2.17% and -4.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing 1.74% at the moment leaves the stock -13.30% off its SMA200. FIBK registered -1.62% loss for a year compared to 6-month loss of -16.06%. The firm has a 50-day simple moving average (SMA 50) of $28.0146 and a 200-day simple moving average (SMA200) of $30.73965.
The stock witnessed a -6.10% gain in the last 1 month and extending the period to 3 months gives it a -20.45%, and is -5.86% 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 3.52% over the week and 4.84% over the month.
First Interstate BancSystem Inc (FIBK) has around 3481 employees, a market worth around $2.75B and $1.36B in sales. Current P/E ratio is 12.64 and Fwd P/E is 10.07. Profit margin for the company is 16.03%. Distance from 52-week low is 16.12% and -27.52% from its 52-week high. The company has generated returns on investments over the last 12 months (5.96%).
with sales reaching $254.23M over the same period.The EPS is expected to grow by 7.15% this year, but quarterly earnings will post 2.45% year-over-year. Quarterly sales are estimated to grow 4.07% in year-over-year returns.
326.0 institutions hold shares in First Interstate BancSystem Inc (FIBK), with institutional investors hold 98.47% of the company’s shares. The shares outstanding are 104.91M, and float is at 88.83M with Short Float at 3.36%. Institutions hold 82.92% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 8.96 million shares valued at $248.81 million. The investor’s holdings represent 8.7039 of the FIBK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.6 million shares valued at $211.01 million to account for 7.3818 of the shares outstanding. The other top investors are FMR LLC which holds 6.99 million shares representing 6.7922 and valued at over $194.16 million, while FRANKLIN RESOURCES INC holds 5.5509 of the shares totaling 5.71 million with a market value of $158.68 million.
First Interstate BancSystem Inc (FIBK) Insider Activity
The most recent transaction is an insider sale by HEYNEMAN JOHN M JR, the company’s Director. SEC filings show that HEYNEMAN JOHN M JR sold 250 shares of the company’s common stock on Feb 26 ’25 at a price of $30.52 per share for a total of $7630.0. Following the sale, the insider now owns 1.41 million shares.
Still, SEC filings show that on Feb 14 ’25, HEYNEMAN JOHN M JR (Director) disposed off 1,335 shares at an average price of $32.56 for $43468.0. The insider now directly holds 1,414,886 shares of First Interstate BancSystem Inc (FIBK).
