City (CHCO) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for City in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CHCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHCO, but not buy additional shares or sell existing shares.
View CHCO analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 12-month target prices for City's stock. Their CHCO share price forecasts range from $89.00 to $91.00. On average, they predict the company's share price to reach $90.33 in the next year. This suggests that the stock has a possible downside of 6.5%.
View analysts price targets for CHCO or view top-rated stocks among Wall Street analysts.

City's stock was trading at $93.09 at the beginning of the year. Since then, CHCO shares have increased by 3.8% and is now trading at $96.62.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
View our CHCO earnings forecast.

City Holding (NASDAQ:CHCO) announced its earnings results on Tuesday, April, 25th. The bank reported $2.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $0.21. The bank earned $72.45 million during the quarter, compared to the consensus estimate of $68.85 million. City had a trailing twelve-month return on equity of 18.66% and a net margin of 36.69%.

City declared a quarterly dividend on Wednesday, May 31st. Stockholders of record on Friday, July 14th will be given a dividend of $0.65 per share on Monday, July 31st. This represents a $2.60 annualized dividend and a yield of 2.69%. The ex-dividend date is Thursday, July 13th.
Read our dividend analysis for CHCO.

ETFs with the largest weight of City (NASDAQ:CHCO) stock in their portfolio include Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC), Invesco S&P SmallCap Low Volatility ETF (XSLV), ETC 6 Meridian Small Cap Equity ETF (SIXS), Vanguard U.S. Minimum Volatility ETF (VFMV), Emerge EMPWR Unified Sustainable Equity ETF (EMPW), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), ProShares Russell 2000 Dividend Growers ETF (SMDV) and First Trust NASDAQ ABA Community Bank Index Fund (QABA).

City (NASDAQ:CHCO) pays an annual dividend of $2.60 per share and currently has a dividend yield of 2.74%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHCO will have a dividend payout ratio of 37.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHCO.

Based on aggregate information from My MarketBeat watchlists, some companies that other City investors own include Sangamo Therapeutics (SGMO), Wells Fargo & Company (WFC), Huntington Bancshares (HBAN), Bank of Hawaii (BOH), AT&T (T), AbbVie (ABBV), Consolidated Edison (ED), Eastman Chemical (EMN), Enbridge (ENB) and Enterprise Products Partners (EPD).

City trades on the NASDAQ under the ticker symbol "CHCO."

City's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.65%), State Street Corp (4.32%), Macquarie Group Ltd. (3.72%), Macquarie Group Ltd. (3.72%), Dimensional Fund Advisors LP (3.40%) and Charles Schwab Investment Management Inc. (2.43%). Insiders that own company stock include Charles R Hageboeck, Craig G Stilwell, David L Bumgarner, Gregory A Burton, J Thomas Jones, Javier A Reyes, Jeffrey Dale Legge, John A Derito, Michael T Quinlan Jr, Michael T Quinlan, Jr, Sharon H Rowe, Tracy W Hylton II and Tracy W Hylton II.
View institutional ownership trends.

Shares of CHCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of CHCO stock can currently be purchased for approximately $96.62.

City (NASDAQ:CHCO) has a market capitalization of $1.46 billion and generates $261.77 million in revenue each year. The bank earns $102.07 million in net income (profit) each year or $7.02 on an earnings per share basis.

The company employs 897 workers across the globe.

City's mailing address is 25 GATEWATER ROAD, CHARLESTON WV, 25313. The official website for the company is www.bankatcity.com. The bank can be reached via phone at (304) 769-1100, via email at victoria.faw@bankatcity.com, or via fax at 304-769-1111.