DA Davidson Comments on City's Q3 Earnings (NASDAQ:CHCO)

Key Points

• DA Davidson estimates City Holding Company will report Q3 2025 earnings of $2.14 per share, with a "Neutral" rating and a price target of $137.00 on the stock.
• City posted Q2 earnings of $2.29 per share, surpassing the consensus estimate by $0.32, with revenue of $78.16 million, exceeding analyst expectations as well.
• The company's annual dividend of $0.79 per share provides a yield of 2.48%, with a dividend payout ratio of 38.03%.

City Holding Company (NASDAQ:CHCO - Free Report) - Analysts at DA Davidson issued their Q3 2025 earnings per share estimates for City in a report issued on Friday, July 25th. DA Davidson analyst M. Navas forecasts that the bank will post earnings of $2.14 per share for the quarter. DA Davidson has a "Neutral" rating and a $137.00 price target on the stock. 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 $8.45 EPS.

Several other equities research analysts also recently weighed in on the company. Keefe, Bruyette & Woods upped their target price on City from $125.00 to $135.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 23rd. Hovde Group upped their target price on City from $130.00 to $136.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 23rd. Finally, Wall Street Zen raised City from a "sell" rating to a "hold" rating in a research report on Saturday, July 26th. Five research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $133.25.

City Trading Down 1.8%

CHCO stock traded down $2.18 during trading on Monday, reaching $121.65. 25,684 shares of the stock traded hands, compared to its average volume of 82,215. The business's 50 day moving average price is $122.05 and its 200-day moving average price is $118.95. City has a 52-week low of $102.22 and a 52-week high of $137.28. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.81 and a quick ratio of 0.83. The firm has a market capitalization of $1.76 billion, a PE ratio of 14.69 and a beta of 0.54.

City (NASDAQ:CHCO - Get Free Report) last announced its quarterly earnings data on Tuesday, July 22nd. The bank reported $2.29 EPS for the quarter, beating analysts' consensus estimates of $1.97 by $0.32. The business had revenue of $78.16 million during the quarter, compared to the consensus estimate of $76.10 million. City had a return on equity of 16.30% and a net margin of 31.35%.

Hedge Funds Weigh In On City

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CHCO. Westwood Holdings Group Inc. boosted its stake in shares of City by 24.3% during the 1st quarter. Westwood Holdings Group Inc. now owns 631,584 shares of the bank's stock worth $74,192,000 after acquiring an additional 123,394 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of City by 5.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 580,057 shares of the bank's stock worth $68,139,000 after acquiring an additional 29,302 shares in the last quarter. City Holding Co. boosted its stake in shares of City by 3.0% during the 2nd quarter. City Holding Co. now owns 263,664 shares of the bank's stock worth $32,278,000 after acquiring an additional 7,636 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of City by 24.2% during the 4th quarter. JPMorgan Chase & Co. now owns 262,243 shares of the bank's stock worth $31,071,000 after acquiring an additional 51,055 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of City by 2.3% during the 4th quarter. Northern Trust Corp now owns 178,962 shares of the bank's stock worth $21,203,000 after acquiring an additional 3,944 shares in the last quarter. 72.43% of the stock is owned by institutional investors.

Insider Buying and Selling

In other City news, Director James M. Parsons acquired 2,200 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The stock was acquired at an average cost of $122.38 per share, with a total value of $269,236.00. Following the acquisition, the director directly owned 2,700 shares of the company's stock, valued at $330,426. This represents a 440.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael T. Quinlan, Jr. sold 1,000 shares of the stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $131.12, for a total value of $131,120.00. Following the completion of the transaction, the executive vice president directly owned 1,830 shares of the company's stock, valued at $239,949.60. This trade represents a 35.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have acquired 2,625 shares of company stock valued at $321,993 and have sold 3,941 shares valued at $510,808. 1.87% of the stock is currently owned by company insiders.

City Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be given a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date is Tuesday, July 15th. City's payout ratio is 38.03%.

About City

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.