Columbia Banking System, Inc. (COLB)
NASDAQ: COLB · IEX Real-Time Price · USD
23.30
-0.17 (-0.72%)
At close: Jul 19, 2024, 4:00 PM
23.29
-0.01 (-0.04%)
Pre-market: Jul 22, 2024, 7:29 AM EDT
Columbia Banking System Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for COLB stock have an average target of 22.04, with a low estimate of 20 and a high estimate of 27. The average target predicts a decrease of -5.41% from the current stock price of 23.30.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for COLB stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 3 | 3 | 3 | 2 | 2 |
| Hold | 9 | 10 | 11 | 11 | 11 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 14 | 14 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $23 → $22 | Hold | Maintains | $23 → $22 | -5.58% | Jun 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $27 | Buy | Reiterates | $27 | +15.88% | Jun 5, 2024 |
| Wedbush | Wedbush | Hold Reiterates $20 | Hold | Reiterates | $20 | -14.16% | Apr 26, 2024 |
| Barclays | Barclays | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | -9.87% | Apr 26, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $25 → $22 | Hold | Maintains | $25 → $22 | -5.58% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
1.96B
from 1.78B
Increased by 9.82%
Revenue Next Year
2.03B
from 1.96B
Increased by 3.62%
EPS This Year
2.48
from 1.78
Increased by 39.36%
EPS Next Year
2.67
from 2.48
Increased by 7.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.0B | 2.1B | 2.2B |
| Avg | 2.0B | 2.0B | 2.1B |
| Low | 1.9B | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.0% | 8.5% | 7.8% |
| Avg | 9.8% | 3.6% | 4.8% |
| Low | 4.7% | -2.2% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.63 | 2.94 | 3.02 |
| Avg | 2.48 | 2.67 | 2.90 |
| Low | 2.34 | 2.39 | 2.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 47.5% | 18.5% | 13.1% |
| Avg | 39.4% | 7.7% | 8.8% |
| Low | 31.6% | -3.8% | 3.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.