ChoiceOne Financial Services (NASDAQ:COFS - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect ChoiceOne Financial Services to post earnings of $0.81 per share and revenue of $38.95 million for the quarter.
ChoiceOne Financial Services (NASDAQ:COFS - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.04. ChoiceOne Financial Services had a net margin of 4.74% and a return on equity of 10.93%. The business had revenue of $31.23 million during the quarter, compared to analysts' expectations of $29.70 million. On average, analysts expect ChoiceOne Financial Services to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
ChoiceOne Financial Services Stock Performance
NASDAQ:COFS traded down $0.05 during midday trading on Friday, reaching $29.21. The stock had a trading volume of 64,932 shares, compared to its average volume of 53,823. The firm has a fifty day simple moving average of $29.39 and a two-hundred day simple moving average of $30.09. ChoiceOne Financial Services has a 12-month low of $24.89 and a 12-month high of $38.15. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.43. The stock has a market cap of $437.68 million, a P/E ratio of 23.75 and a beta of 0.55.
ChoiceOne Financial Services Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend was Friday, June 13th. ChoiceOne Financial Services's dividend payout ratio is presently 91.06%.
Hedge Funds Weigh In On ChoiceOne Financial Services
A number of institutional investors have recently made changes to their positions in COFS. Empowered Funds LLC lifted its stake in ChoiceOne Financial Services by 8.1% in the first quarter. Empowered Funds LLC now owns 30,701 shares of the company's stock valued at $883,000 after buying an additional 2,312 shares during the last quarter. Jane Street Group LLC bought a new position in shares of ChoiceOne Financial Services in the first quarter worth $477,000. Finally, Cubist Systematic Strategies LLC bought a new position in shares of ChoiceOne Financial Services in the first quarter worth $195,000. 19.90% of the stock is owned by institutional investors and hedge funds.
ChoiceOne Financial Services Company Profile
(
Get Free Report)
ChoiceOne Financial Services, Inc operates as the bank holding company for ChoiceOne Bank that provides banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services.
Further Reading
Before you consider ChoiceOne Financial Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ChoiceOne Financial Services wasn't on the list.
While ChoiceOne Financial Services currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
