Free Trial
NASDAQ:CIVB

Civista Bancshares (CIVB) Stock Price, News & Analysis

Civista Bancshares logo
$20.36
-0.01 (-0.05%)
(As of 11/1/2024 ET)

About Civista Bancshares Stock (NASDAQ:CIVB)

Key Stats

Today's Range
$20.19
$20.59
50-Day Range
$16.52
$20.37
52-Week Range
$13.60
$20.93
Volume
36,003 shs
Average Volume
38,977 shs
Market Capitalization
$320.47 million
P/E Ratio
10.13
Dividend Yield
3.14%
Price Target
$20.25
Consensus Rating
Moderate Buy

Company Overview

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. The company also holds and manages securities portfolio; leases general equipment; and provides captive insurance products. It operates in North Central, West Central, South Western Ohio, South Eastern Indiana, and Northern Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares, Inc. in May 2015. Civista Bancshares, Inc. was founded in 1884 and is headquartered in Sandusky, Ohio.

Civista Bancshares Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
92nd Percentile Overall Score

CIVB MarketRank™: 

Civista Bancshares scored higher than 92% of companies evaluated by MarketBeat, and ranked 140th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Civista Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Civista Bancshares has only been the subject of 2 research reports in the past 90 days.

  • Read more about Civista Bancshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Civista Bancshares are expected to grow by 5.11% in the coming year, from $1.76 to $1.85 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Civista Bancshares is 10.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Civista Bancshares is 10.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.21.

  • Price to Book Value per Share Ratio

    Civista Bancshares has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Civista Bancshares' valuation and earnings.
  • Percentage of Shares Shorted

    0.80% of the float of Civista Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Civista Bancshares has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Civista Bancshares has recently decreased by 25.91%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Civista Bancshares pays a meaningful dividend of 3.16%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Civista Bancshares has been increasing its dividend for 13 years.

  • Dividend Coverage

    The dividend payout ratio of Civista Bancshares is 31.84%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Civista Bancshares will have a dividend payout ratio of 34.59% next year. This indicates that Civista Bancshares will be able to sustain or increase its dividend.

  • Read more about Civista Bancshares' dividend.
  • Percentage of Shares Shorted

    0.80% of the float of Civista Bancshares has been sold short.
  • Short Interest Ratio / Days to Cover

    Civista Bancshares has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Civista Bancshares has recently decreased by 25.91%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Civista Bancshares has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for Civista Bancshares this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Civista Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $31,200.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 3.01% of the stock of Civista Bancshares is held by insiders.

  • Percentage Held by Institutions

    52.10% of the stock of Civista Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Civista Bancshares' insider trading history.
Receive CIVB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Civista Bancshares and its competitors with MarketBeat's FREE daily newsletter.

CIVB Stock News Headlines

D.A. Davidson Sticks to Its Buy Rating for Civista Bancshares (CIVB)
Civista Bancshares price target raised to $21 from $19 at Piper Sandler
625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
Civista Bancshares (CIVB) Gets a Hold from Piper Sandler
Civista Bancshares (NASDAQ:CIVB) Upgraded at Hovde Group
Civista Bancshares Reports Q3 2024 Financial Results
Civista Bancshares price target raised to $21 from $18 at Stephens
See More Headlines

CIVB Stock Analysis - Frequently Asked Questions

Civista Bancshares' stock was trading at $18.44 at the beginning of the year. Since then, CIVB shares have increased by 10.4% and is now trading at $20.36.
View the best growth stocks for 2024 here
.

Civista Bancshares, Inc. (NASDAQ:CIVB) issued its quarterly earnings results on Tuesday, October, 29th. The bank reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.09. The bank had revenue of $62.43 million for the quarter, compared to the consensus estimate of $37.60 million. Civista Bancshares had a net margin of 13.12% and a trailing twelve-month return on equity of 8.46%.

Top institutional shareholders of Civista Bancshares include Beese Fulmer Investment Management Inc. (1.12%), Summit Financial Strategies Inc. (0.92%), Ritholtz Wealth Management (0.46%) and Assenagon Asset Management S.A. (0.40%). Insiders that own company stock include Allen R Nickles, Gerald B Wurm, William F Ritzmann, Julie A Mattlin, Harry Singer, Nathan E Weaks, Michael D Mulford and Charles A Parcher.
View institutional ownership trends
.

Shares of CIVB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Civista Bancshares investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Advanced Micro Devices (AMD), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

Ex-Dividend for 8/20 Dividend
8/06/2024
Dividend Payable
8/20/2024
Last Earnings
10/29/2024
Today
11/02/2024
Ex-Dividend for 11/19 Dividend
11/05/2024
Dividend Payable
11/19/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/13/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:CIVB
Employees
538
Year Founded
1884

Price Target and Rating

Average Stock Price Target
$20.25
High Stock Price Target
$22.00
Low Stock Price Target
$19.00
Potential Upside/Downside
-0.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$42.96 million
Pretax Margin
16.77%

Debt

Sales & Book Value

Annual Sales
$219.90 million
Cash Flow
$3.49 per share
Book Value
$23.70 per share

Miscellaneous

Free Float
15,263,000
Market Cap
$320.47 million
Optionable
Optionable
Beta
0.80

Social Links

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

This page (NASDAQ:CIVB) was last updated on 11/2/2024 by MarketBeat.com Staff
From Our Partners