ChoiceOne Financial Services, Inc. (NASDAQ:COFS - Free Report) - Investment analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of ChoiceOne Financial Services in a research report issued on Thursday, May 1st. DA Davidson analyst J. Rulis forecasts that the company will post earnings of $0.80 per share for the quarter. DA Davidson has a "Buy" rating and a $39.00 price target on the stock. The consensus estimate for ChoiceOne Financial Services' current full-year earnings is $3.67 per share. DA Davidson also issued estimates for ChoiceOne Financial Services' FY2025 earnings at $3.40 EPS and FY2026 earnings at $3.65 EPS.
A number of other analysts also recently issued reports on COFS. Hovde Group initiated coverage on ChoiceOne Financial Services in a research report on Monday, March 10th. They issued an "outperform" rating and a $35.00 price target for the company. Janney Montgomery Scott upgraded shares of ChoiceOne Financial Services from a "neutral" rating to a "buy" rating in a report on Monday, March 3rd.
View Our Latest Report on ChoiceOne Financial Services
ChoiceOne Financial Services Trading Up 1.2 %
COFS opened at $28.76 on Friday. ChoiceOne Financial Services has a 12 month low of $23.71 and a 12 month high of $38.15. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.99. The stock has a 50-day moving average of $28.30 and a 200 day moving average of $32.38. The firm has a market cap of $257.95 million, a P/E ratio of 8.82 and a beta of 0.61.
ChoiceOne Financial Services (NASDAQ:COFS - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.04. ChoiceOne Financial Services had a return on equity of 12.44% and a net margin of 19.21%. The business had revenue of $31.23 million for the quarter, compared to the consensus estimate of $29.70 million.
ChoiceOne Financial Services Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $0.28 dividend. The ex-dividend date was Friday, March 14th. This represents a $1.12 annualized dividend and a dividend yield of 3.89%. ChoiceOne Financial Services's dividend payout ratio is currently 34.36%.
Hedge Funds Weigh In On ChoiceOne Financial Services
Large investors have recently bought and sold shares of the business. Mattson Financial Services LLC boosted its holdings in shares of ChoiceOne Financial Services by 58.0% in the 4th quarter. Mattson Financial Services LLC now owns 2,575 shares of the company's stock valued at $92,000 after buying an additional 945 shares in the last quarter. GAMMA Investing LLC boosted its holdings in ChoiceOne Financial Services by 35,137.5% in the first quarter. GAMMA Investing LLC now owns 2,819 shares of the company's stock worth $81,000 after acquiring an additional 2,811 shares in the last quarter. Globeflex Capital L P purchased a new position in shares of ChoiceOne Financial Services in the 4th quarter valued at approximately $107,000. SG Americas Securities LLC purchased a new position in shares of ChoiceOne Financial Services in the fourth quarter worth $123,000. Finally, Wells Fargo & Company MN lifted its position in ChoiceOne Financial Services by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 4,891 shares of the company's stock worth $174,000 after acquiring an additional 1,065 shares during the period. Institutional investors own 19.90% of the company's stock.
About ChoiceOne Financial Services
(
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.
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