Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Columbia Financial Inc Market Cap
From what 1 stock analysts predict, the share price for Columbia Financial Inc (CLBK) might increase by 8.26% in the next year. This is based on a 12-month average estimation for CLBK. Price targets go from $18 to $20. The majority of stock analysts believe CLBK is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Columbia Financial Inc has a total of 1 Wall St Analyst ratings. There are 1 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Columbia Financial Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CLBK.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Mark Fitzgibbon Piper Sandler | Neutral | $17 | Maintains | May 1, 2024 |
| Mark Fitzgibbon Piper Sandler | Neutral | $19 | Maintains | Mar 26, 2024 |
| Mark Fitzgibbon Piper Sandler | Neutral | $20 | Maintains | Jan 26, 2024 |
| Mark Fitzgibbon Piper Sandler | Neutral | $17.5 | Maintains | Oct 26, 2023 |
| Jake Civiello Janney Montgomery Scott | Buy | Initiates | Oct 11, 2023 | |
| Mark Fitzgibbon Piper Sandler | Neutral | $24 | Downgrade | Jul 28, 2022 |
Compass Point | Neutral | Downgrade | Apr 28, 2022 | |
| Mark Fitzgibbon Piper Sandler | Overweight | $22 | Upgrade | Dec 2, 2021 |
Piper Sandler | Neutral | Downgrade | Oct 30, 2020 | |
Piper Sandler | Overweight | $13.5 | Maintains | Sep 28, 2020 |
Piper Sandler | Overweight | $15.5 | Maintains | Jul 30, 2020 |
Compass Point | Neutral | Downgrade | Jun 12, 2019 | |
Compass Point | Buy | $18 | Upgrade | Apr 29, 2019 |
Compass Point | Neutral | Downgrade | Jan 9, 2019 |
When did it IPO
2018
Staff Count
720
Country
United States
Sector/Industry
Financial Services/Banks—Regional
CEO
Mr. Thomas J. Kemly
Market Cap
$1.83B
In 2023, CLBK generated $233.3M in revenue, which was a decrease of -21.51% from the previous year. This can be seen as a signal that CLBK's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 26 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Columbia Financial, Inc. (Nasdaq: CLBK) announced regulatory approval to merge Freehold Bank into Columbia Bank, facilitating the consolidation of its banking operations.
Why It Matters - Regulatory approval for the merger enhances Columbia Bank's market presence and operational efficiency, potentially leading to increased profitability and shareholder value.
Tue, 27 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - CLBK has received regulatory approvals to finalize the merger of Freehold Bank into Columbia Bank.
Why It Matters - Regulatory approvals for the Freehold Bank merger enhance Columbia Bank's growth prospects, potentially increasing market share and profitability, impacting stock performance positively.
Fri, 09 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Columbia Financial (CLBK) shows signs of support with a hammer chart pattern, while Wall Street analysts have raised earnings estimates, suggesting potential for a near-term turnaround.
Why It Matters - Columbia Financial's hammer chart suggests a potential price reversal, while upgraded earnings estimates from analysts signal improved future performance, making it an attractive buy opportunity.
Fri, 02 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Columbia Financial (CLBK) shares are rising, supported by positive earnings estimate revisions, suggesting potential for further price increases in the near term.
Why It Matters - Rising earnings estimates for Columbia Financial suggest potential stock price appreciation, indicating a favorable investment opportunity for stakeholders.
Wed, 31 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Columbia Financial, Inc. reported Q2 2024 net income of $4.5M ($0.04/share), up from $1.7M ($0.02/share) in Q2 2023, despite a 54.9% drop in core net income to $5.3M.
Why It Matters - Columbia Financial's improved net income signals operational recovery, but declining core net income raises concerns about sustainability, impacting investor confidence and future valuations.
Wed, 31 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Columbia Financial (CLBK) reported Q3 earnings of $0.05 per share, surpassing the Zacks estimate of $0.04, but down from $0.12 per share in the same quarter last year.
Why It Matters - Columbia Financial's earnings beat expectations, signaling potential growth and resilience. However, the decline from last year's earnings may raise concerns about future performance.
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