City Holding (NASDAQ:CHCO - Free Report) - DA Davidson issued their Q2 2025 EPS estimates for shares of City in a research note issued on Thursday, April 24th. DA Davidson analyst M. Navas expects that the bank will earn $1.95 per share for the quarter. The consensus estimate for City's current full-year earnings is $7.58 per share. DA Davidson also issued estimates for City's FY2025 earnings at $7.90 EPS and FY2026 earnings at $8.25 EPS.
Separately, Piper Sandler cut their price target on shares of City from $135.00 to $125.00 and set a "neutral" rating for the company in a report on Friday, January 24th.
Read Our Latest Stock Report on City
City Trading Down 1.4 %
Shares of NASDAQ CHCO traded down $1.60 during midday trading on Friday, reaching $115.87. 11,018 shares of the stock were exchanged, compared to its average volume of 59,545. The company has a 50 day simple moving average of $115.72 and a 200 day simple moving average of $120.15. The stock has a market capitalization of $1.71 billion, a P/E ratio of 14.69 and a beta of 0.48. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.82 and a current ratio of 0.82. City has a twelve month low of $99.63 and a twelve month high of $137.28.
City (NASDAQ:CHCO - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The bank reported $2.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.84 by $0.22. The business had revenue of $74.55 million during the quarter, compared to the consensus estimate of $73.28 million. City had a net margin of 30.83% and a return on equity of 16.49%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC boosted its position in shares of City by 125.3% during the 3rd quarter. Barclays PLC now owns 28,845 shares of the bank's stock worth $3,385,000 after acquiring an additional 16,044 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of City by 4.5% during the 3rd quarter. Franklin Resources Inc. now owns 9,362 shares of the bank's stock worth $1,116,000 after acquiring an additional 404 shares in the last quarter. Apollon Wealth Management LLC acquired a new position in shares of City during the 4th quarter worth about $227,000. Charles Schwab Investment Management Inc. boosted its position in shares of City by 4.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 550,755 shares of the bank's stock worth $65,253,000 after acquiring an additional 22,226 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of City by 3.6% during the 4th quarter. Principal Financial Group Inc. now owns 78,010 shares of the bank's stock worth $9,243,000 after acquiring an additional 2,726 shares in the last quarter. 72.43% of the stock is owned by institutional investors and hedge funds.
Insider Activity at City
In other City news, Director Charles W. Fairchilds sold 500 shares of the firm's stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $120.50, for a total value of $60,250.00. Following the completion of the transaction, the director now owns 1,014 shares of the company's stock, valued at $122,187. This trade represents a 33.03 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO David L. Bumgarner sold 1,058 shares of the firm's stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $118.00, for a total transaction of $124,844.00. Following the completion of the transaction, the chief financial officer now directly owns 10,636 shares of the company's stock, valued at $1,255,048. This represents a 9.05 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,284 shares of company stock worth $272,044. Insiders own 1.87% of the company's stock.
City Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be issued a $0.79 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $3.16 annualized dividend and a yield of 2.73%. City's dividend payout ratio (DPR) is presently 39.60%.
About City
(
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.
See Also
Before you consider City, 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 City wasn't on the list.
While City currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
