Research Analysts Issue Forecasts for City Q1 Earnings

City Holding (NASDAQ:CHCO - Free Report) - Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of City in a research report issued to clients and investors on Wednesday, February 5th. DA Davidson analyst M. Navas forecasts that the bank will post earnings per share of $1.83 for the quarter. The consensus estimate for City's current full-year earnings is $7.58 per share. DA Davidson also issued estimates for City's FY2026 earnings at $7.85 EPS.

City (NASDAQ:CHCO - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The bank reported $1.94 EPS for the quarter, beating analysts' consensus estimates of $1.91 by $0.03. City had a net margin of 30.83% and a return on equity of 16.49%.

Several other equities analysts have also weighed in on CHCO. Piper Sandler cut their price objective on shares of City from $135.00 to $125.00 and set a "neutral" rating on the stock in a research report on Friday, January 24th. Keefe, Bruyette & Woods raised their price target on shares of City from $120.00 to $130.00 and gave the company a "market perform" rating in a report on Wednesday, December 4th.

City Stock Down 1.2 %

Shares of NASDAQ:CHCO traded down $1.41 during midday trading on Thursday, hitting $118.90. 57,142 shares of the stock were exchanged, compared to its average volume of 54,433. The company has a market capitalization of $1.75 billion, a PE ratio of 15.07 and a beta of 0.51. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.82 and a current ratio of 0.82. City has a 52-week low of $97.50 and a 52-week high of $137.28. The business's fifty day simple moving average is $121.55 and its two-hundred day simple moving average is $120.27.

Institutional Investors Weigh In On City

A number of institutional investors have recently bought and sold shares of the business. Smartleaf Asset Management LLC boosted its holdings in City by 710.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 462 shares of the bank's stock valued at $56,000 after purchasing an additional 405 shares in the last quarter. nVerses Capital LLC acquired a new stake in City in the 3rd quarter valued at $59,000. KBC Group NV grew its position in City by 60.3% in the fourth quarter. KBC Group NV now owns 843 shares of the bank's stock valued at $100,000 after acquiring an additional 317 shares during the period. Point72 DIFC Ltd bought a new position in shares of City during the third quarter valued at $134,000. Finally, PNC Financial Services Group Inc. boosted its stake in shares of City by 10.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,366 shares of the bank's stock valued at $162,000 after purchasing an additional 131 shares in the last quarter. Institutional investors and hedge funds own 72.43% of the company's stock.

Insider Buying and Selling

In other news, EVP John A. Derito sold 1,243 shares of the business's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $136.93, for a total transaction of $170,203.99. Following the transaction, the executive vice president now owns 28,757 shares in the company, valued at approximately $3,937,696.01. The trade was a 4.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Charles W. Fairchilds sold 500 shares of the business's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $120.50, for a total value of $60,250.00. Following the transaction, the director now owns 1,014 shares in the company, valued at $122,187. This represents a 33.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,364 shares of company stock valued at $1,085,806. Insiders own 2.45% of the company's stock.

City Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were issued a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend was Wednesday, January 15th. City's dividend payout ratio is currently 40.05%.

City Company Profile

City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust, and investment management, and other financial solutions in the United States. The company offers checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts.