News stories about Civista Bancshares (NASDAQ:CIVB) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Civista Bancshares earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news stories about the bank an impact score of 45.7450243305722 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of equities research analysts have issued reports on the stock. BidaskClub lowered shares of Civista Bancshares from a “strong-buy” rating to a “buy” rating in a report on Friday, June 8th. Zacks Investment Research lowered shares of Civista Bancshares from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 27th. ValuEngine lowered shares of Civista Bancshares from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. DA Davidson increased their price objective on shares of Civista Bancshares from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Monday, April 30th. Finally, Boenning Scattergood reaffirmed a “buy” rating on shares of Civista Bancshares in a report on Friday, April 27th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Civista Bancshares currently has an average rating of “Hold” and a consensus price target of $25.50.
Shares of Civista Bancshares traded up $0.21, reaching $24.89, on Tuesday, Marketbeat.com reports. The company’s stock had a trading volume of 17,400 shares, compared to its average volume of 35,632. Civista Bancshares has a 1 year low of $18.96 and a 1 year high of $25.71. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market cap of $265.16 million, a PE ratio of 18.71, a price-to-earnings-growth ratio of 1.77 and a beta of 0.38.
Civista Bancshares (NASDAQ:CIVB) last posted its earnings results on Friday, April 27th. The bank reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.09. Civista Bancshares had a net margin of 23.47% and a return on equity of 11.29%. The firm had revenue of $20.39 million during the quarter, compared to analyst estimates of $19.51 million. equities analysts predict that Civista Bancshares will post 1.74 EPS for the current year.
The firm also recently announced a dividend, which will be paid on Wednesday, August 1st. Investors of record on Tuesday, July 24th will be issued a $0.09 dividend. The ex-dividend date is Monday, July 23rd. Civista Bancshares’s dividend payout ratio (DPR) is presently 21.05%.
About Civista Bancshares
Civista Bancshares, Inc operates as the financial holding company for Civista Bank that engages in the community banking business in Ohio. The company accepts noninterest-bearing and interest-bearing demand deposits, and certificates of deposit. It offers commercial, commercial and residential real estate mortgage, real estate construction, and consumer loans.
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