1 week Ago By ABMN Staff
City Holding ( NASDAQ:CHCO – Free Report ) – Research analysts at DA Davidson decreased their FY2025 earnings per share (EPS) estimates for shares of City in a note issued to investors on Thursday, December 19th. DA Davidson analyst M. Navas now anticipates that the bank will post earnings of $7.
30 per share for the year, down from their prior forecast of $7.40. The consensus estimate for City’s current full-year earnings is $7.
84 per share. City ( NASDAQ:CHCO – Get Free Report ) last released its quarterly earnings results on Thursday, October 24th. The bank reported $2.
02 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.10.
The business had revenue of $98.40 million for the quarter, compared to the consensus estimate of $73.90 million.
City had a net margin of 31.18% and a return on equity of 16.60%.
Check Out Our Latest Analysis on CHCO City Price Performance NASDAQ CHCO opened at $121.05 on Monday. The business’s fifty day moving average is $125.
69 and its 200 day moving average is $117.64. City has a fifty-two week low of $97.
50 and a fifty-two week high of $137.28. The company has a debt-to-equity ratio of 0.
20, a quick ratio of 0.82 and a current ratio of 0.82.
The company has a market capitalization of $1.78 billion, a PE ratio of 15.54 and a beta of 0.
49. City Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be paid a $0.
79 dividend. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.
61%. The ex-dividend date of this dividend is Wednesday, January 15th. City’s dividend payout ratio (DPR) is 40.
56%. Insider Buying and Selling In related news, Director C Dallas Kayser sold 1,784 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $133.
33, for a total value of $237,860.72. Following the sale, the director now directly owns 23,637 shares in the company, valued at approximately $3,151,521.
21. The trade was a 7.02 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, EVP John A. Derito sold 1,243 shares of City stock in a transaction that occurred on Monday, November 25th.
The stock was sold at an average price of $136.93, for a total value of $170,203.99.
Following the completion of the sale, the executive vice president now directly 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 disclosure for this sale can be found here . Over the last 90 days, insiders sold 9,092 shares of company stock worth $1,196,697.
2.45% of the stock is owned by corporate insiders. Institutional Inflows and Outflows A number of institutional investors and hedge funds have recently modified their holdings of CHCO.
nVerses Capital LLC purchased a new position in shares of City in the 3rd quarter worth $59,000. Point72 DIFC Ltd purchased a new position in City in the third quarter worth about $134,000. Crossmark Global Holdings Inc.
bought a new stake in City during the third quarter worth approximately $199,000. Intech Investment Management LLC purchased a new stake in City during the second quarter valued at approximately $208,000. Finally, Quantbot Technologies LP purchased a new stake in City during the third quarter valued at approximately $214,000.
72.43% of the stock is owned by hedge funds and other institutional investors. City Company Profile ( Get Free Report ) 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. Further Reading Receive News & Ratings for City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for City and related companies with MarketBeat.com's FREE daily email newsletter .
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