Civista Bancshares (NASDAQ:CIVB - Get Free Report) is expected to be releasing its earnings data before the market opens on Thursday, April 24th. Analysts expect Civista Bancshares to post earnings of $0.50 per share and revenue of $40.33 million for the quarter. Investors interested in listening to the company's conference call can do so using this link.
Civista Bancshares (NASDAQ:CIVB - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The bank reported $0.63 EPS for the quarter, beating the consensus estimate of $0.53 by $0.10. Civista Bancshares had a return on equity of 8.35% and a net margin of 12.96%. On average, analysts expect Civista Bancshares to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Civista Bancshares Trading Up 1.9 %
NASDAQ:CIVB traded up $0.37 during trading hours on Friday, hitting $19.86. The company had a trading volume of 39,714 shares, compared to its average volume of 47,933. Civista Bancshares has a 1 year low of $13.60 and a 1 year high of $23.70. The company has a market cap of $307.41 million, a P/E ratio of 9.83 and a beta of 0.67. The company has a 50-day moving average of $19.85 and a 200 day moving average of $20.49. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.01.
Civista Bancshares Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, April 29th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date of this dividend is Tuesday, April 29th. Civista Bancshares's dividend payout ratio is currently 33.66%.
Analysts Set New Price Targets
Several research firms have recently weighed in on CIVB. Stephens reissued an "equal weight" rating and issued a $24.00 price target on shares of Civista Bancshares in a research note on Friday, January 31st. StockNews.com upgraded Civista Bancshares from a "hold" rating to a "buy" rating in a research report on Saturday, February 22nd. Finally, DA Davidson set a $27.00 target price on Civista Bancshares in a research report on Friday, January 31st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $23.40.
Check Out Our Latest Analysis on CIVB
Civista Bancshares Company Profile
(
Get Free Report)
Civista Bancshares, Inc operates as the financial holding company for Civista Bank that provides community banking services. It collects a range of customer deposits; and offers commercial and agriculture, commercial and residential real estate, farm real estate, real estate construction, consumer, and other loans, as well as letters of credit.
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