We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's Why Banner Corporation (BANR) Stock is a Solid Bet
Read MoreHide Full Article
From the vast universe of banking stocks, today we pick Banner Corporation (BANR - Free Report) for you. The company offers a profitable investment opportunity based on steady earnings growth and robust fundamentals.
It has been witnessing upward estimate revisions, reflecting analysts’ optimism about its earnings growth potential. Over the past 30 days, the Zacks Consensus Estimate for 2019 and 2020 has displayed an upward trend.
Further, this Zacks Rank #1 (Strong Buy) stock has gained 3% year to date compared with the industry’s growth of 10.4%.
Why Banner Corporation is an Attractive Pick
Earnings per Share Growth: In the last 3-5 years, Banner Corporation witnessed EPS growth of 10.6%. Further, its long-term (3-5 years) expected EPS growth of 7% promises rewards for shareholders. In addition, the company delivered average positive earnings surprise of 8.21% in the last four quarters.
Revenue Strength: Banner Corporation continues to witness top-line improvement. Since 2014, the company has recorded consistent increase in sales, witnessing five-year compound annual growth rate (CAGR) of nearly 22.3% in 2018.
The company’s projected sales growth (F1/F0) of 6.7% (against the industry average of nil) indicates constant upward momentum in revenues.
Superior Return on Equity (ROE): Banner Corporation’s ROE is 10.43% compared with the industry average of 8.77%, highlighting the company’s commendable position over its peers.
Strong Leverage: Banner Corporation’s debt/equity ratio is 0.55 compared with the industry average of 0.64, indicating a relatively lower debt burden. It highlights the financial stability of the company even in an unstable economic environment.
Artisan Partners Asset Management (APAM - Free Report) has been witnessing upward estimate revisions over the past 60 days. Further, the company’s shares have gained 21.6% year to date. At present, it carries a Zacks Rank of 2 (Buy).
Ameriprise Financial (AMP - Free Report) has been witnessing upward estimate revisions for the past 60 days. Additionally, the stock has rallied around 22.6% year to date. It currently carries a Zacks Rank #2.
It’s Illegal in 42 States, But Investors Will Make Billions Legally
In addition to the companies you read about above, today you get details on the newly-legalized industry that’s tapping into a “habit” that Americans spend an estimated $150 billion on every year.
That’s twice as much as they spend on marijuana, legally or otherwise.
Zacks special report revealing how investors can profit from this new opportunity. As more states legalize this activity, the industry could expand by as much as 15X. Zacks’ has just released a Special Report revealing 5 top stocks to watch in this space.
Image: Bigstock
Here's Why Banner Corporation (BANR) Stock is a Solid Bet
From the vast universe of banking stocks, today we pick Banner Corporation (BANR - Free Report) for you. The company offers a profitable investment opportunity based on steady earnings growth and robust fundamentals.
It has been witnessing upward estimate revisions, reflecting analysts’ optimism about its earnings growth potential. Over the past 30 days, the Zacks Consensus Estimate for 2019 and 2020 has displayed an upward trend.
Further, this Zacks Rank #1 (Strong Buy) stock has gained 3% year to date compared with the industry’s growth of 10.4%.
Why Banner Corporation is an Attractive Pick
Earnings per Share Growth: In the last 3-5 years, Banner Corporation witnessed EPS growth of 10.6%. Further, its long-term (3-5 years) expected EPS growth of 7% promises rewards for shareholders. In addition, the company delivered average positive earnings surprise of 8.21% in the last four quarters.
Revenue Strength: Banner Corporation continues to witness top-line improvement. Since 2014, the company has recorded consistent increase in sales, witnessing five-year compound annual growth rate (CAGR) of nearly 22.3% in 2018.
The company’s projected sales growth (F1/F0) of 6.7% (against the industry average of nil) indicates constant upward momentum in revenues.
Superior Return on Equity (ROE): Banner Corporation’s ROE is 10.43% compared with the industry average of 8.77%, highlighting the company’s commendable position over its peers.
Strong Leverage: Banner Corporation’s debt/equity ratio is 0.55 compared with the industry average of 0.64, indicating a relatively lower debt burden. It highlights the financial stability of the company even in an unstable economic environment.
Other Stocks to Consider
T. Rowe Price Group (TROW - Free Report) has been witnessing upward estimate revisions in the past 60 days. Moreover, this Zacks #1 Ranked stock has rallied more than 17% year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.
Artisan Partners Asset Management (APAM - Free Report) has been witnessing upward estimate revisions over the past 60 days. Further, the company’s shares have gained 21.6% year to date. At present, it carries a Zacks Rank of 2 (Buy).
Ameriprise Financial (AMP - Free Report) has been witnessing upward estimate revisions for the past 60 days. Additionally, the stock has rallied around 22.6% year to date. It currently carries a Zacks Rank #2.
It’s Illegal in 42 States, But Investors Will Make Billions Legally
In addition to the companies you read about above, today you get details on the newly-legalized industry that’s tapping into a “habit” that Americans spend an estimated $150 billion on every year.
That’s twice as much as they spend on marijuana, legally or otherwise.
Zacks special report revealing how investors can profit from this new opportunity. As more states legalize this activity, the industry could expand by as much as 15X. Zacks’ has just released a Special Report revealing 5 top stocks to watch in this space.
See these 5 “sin stocks” now>>