NASDAQ:CHCO City (CHCO) Stock Forecast, Price & News $96.62 -1.25 (-1.28%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$95.01▼$97.8450-Day Range$83.57▼$97.8752-Week Range$76.90▼$103.00Volume42,209 shsAverage Volume83,076 shsMarket Capitalization$1.46 billionP/E Ratio13.76Dividend Yield2.69%Price Target$90.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media City MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside32.7% Downside$65.00 Price TargetShort InterestBearish7.07% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.61Based on 21 Articles This WeekInsider TradingSelling Shares$252,185 Sold Last QuarterProj. Earnings Growth-8.00%From $7.50 to $6.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.73 out of 5 starsFinance Sector747th out of 859 stocksNational Commercial Banks Industry78th out of 85 stocks 1.0 Analyst's Opinion Consensus RatingCity has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $65.00, City has a forecasted downside of 32.7% from its current price of $96.62.Amount of Analyst CoverageCity has only been the subject of 2 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted7.07% of the float of City has been sold short.Short Interest Ratio / Days to CoverCity has a short interest ratio ("days to cover") of 10.9, which indicates bearish sentiment.Change versus previous monthShort interest in City has recently increased by 2.97%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldCity pays a meaningful dividend of 2.88%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCity has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of City is 37.04%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, City will have a dividend payout ratio of 37.68% next year. This indicates that City will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CHCO. Previous Next 2.6 News and Social Media Coverage News SentimentCity has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 21 news articles for City this week, compared to 13 articles on an average week.MarketBeat Follows1 people have added City to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, City insiders have sold 683.11% more of their company's stock than they have bought. Specifically, they have bought $32,203.00 in company stock and sold $252,185.00 in company stock.Percentage Held by InsidersOnly 2.45% of the stock of City is held by insiders.Percentage Held by Institutions68.12% of the stock of City is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for City are expected to decrease by -8.00% in the coming year, from $7.50 to $6.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of City is 13.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.90.Price to Earnings Ratio vs. SectorThe P/E ratio of City is 13.76, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 143.11.Price to Book Value per Share RatioCity has a P/B Ratio of 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About City (NASDAQ:CHCO) StockCity Holding Co. is a financial holding company, which engages in the provision of financial and community banking services. Its products produced and services rendered by City National include Commercial Banking, Consumer Banking, Mortgage Banking, and Wealth Management and Trust Services. The company was founded on March 12, 1982 and is headquartered in Charleston, WV.Read More Receive CHCO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for City and its competitors with MarketBeat's FREE daily newsletter. Email Address CHCO Stock News HeadlinesJune 8, 2023 | msn.comTaylor Swift Is Effortlessly Chic In A Crisp White Button-Down In New YorkJune 7, 2023 | msn.comPregnant Karlie Kloss Shows Off Baby Bump in Chic Black Gown — See the Photo!June 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 7, 2023 | msn.comKansas City guide: Best things to do and where to stay in this playground of jazz and barbecueJune 7, 2023 | msn.comHailey Bieber looks chic in husband Justin Bieber's clothes: Outfit from Husband’s ClosetJune 6, 2023 | yahoo.comForget Carrie! Sex and the City ’s Stanford Was Just as Much of a Style StarJune 6, 2023 | msn.com‘Sex and the City’ at 25: Stars of the groundbreaking show celebrateJune 6, 2023 | msn.comVakko Hotel & Residence review: a chic addition to Istanbul’s hotel sceneJune 8, 2023 | Behind the Markets (Ad)"The $51 Billion Laser Revolution"See how a new contract with the Pentagon could spark a 2,476% sales surge for a small laser firm >>>June 6, 2023 | news.yahoo.comEva Longoria Does Business Chic in a Silky Pink SuitJune 6, 2023 | yahoo.com25 Best Sex and the City QuotesJune 6, 2023 | msn.comForget Carrie! Sex and the City’s Stanford Was Just as Much of a Style StarJune 5, 2023 | msn.comAnantara Palazzo Naiadi Rome Hotel review: opulence in the Eternal CityJune 5, 2023 | nytimes.comI’m Traveling in Both the City and the Country. What Shoes Should I Pack?June 2, 2023 | fortune.comBeverly Hills isn’t so luxury obsessed after all. Voters there just turned their noses up to a new chic hotel from billionaire Bernard ArnaultJune 2, 2023 | msn.comExploring the Big Apple Alone: My Memorable and Thrilling Solo Trip to New York CityJune 2, 2023 | uk.movies.yahoo.comJessica Chastain looks elegant in chic tailored suit on the red carpetJune 2, 2023 | msn.comWhy This Unique Tel Aviv Tour Was One Of My Favorite Ways To Learn About The CityJune 1, 2023 | msn.comSelena Gomez is French girl chic in all-black while out in ParisJune 1, 2023 | msn.comMargot Robbie Pairs Chic Business Suit with Black Bralette for 'Past Lives' Premiere in N.Y.C.June 1, 2023 | americanbankingnews.comSharon H. Rowe Sells 395 Shares of City Holding (NASDAQ:CHCO) StockJune 1, 2023 | msn.comTaylor Swift looks chic in black maxi dress while at Electric Lady recording studio in NYCMay 31, 2023 | msn.comThe best hotels in Glasgow city centreMay 31, 2023 | news.yahoo.comNew name, same Dolly. Rhinestone Fest in Old City celebrates icon with art and musicMay 31, 2023 | msn.comThis Venice Beach pod hotel wants to make sleeping in a box chicMay 30, 2023 | msn.comScarlett Johansson's Got Legs for Days as She Poses In a Chic Day DressMay 30, 2023 | msn.com‘We are just having so much fun.’ New women-owned retailers expanding in Kansas CitySee More Headlines CHCO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHCO Company Calendar Ex-Dividend for 4/28 Dividend4/13/2023Last Earnings4/25/2023Dividend Payable4/28/2023Today6/08/2023Ex-Dividend for 7/31 Dividend7/13/2023Next Earnings (Estimated)7/20/2023Dividend Payable7/31/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:CHCO CUSIP17783510 CIK726854 Webwww.bankatcity.com Phone(304) 769-1100Fax304-769-1111Employees897Year FoundedN/APrice Target and Rating Average Stock Price Forecast$90.33 High Stock Price Forecast$91.00 Low Stock Price Forecast$89.00 Forecasted Upside/Downside-6.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$7.02 Trailing P/E Ratio13.76 Forward P/E Ratio12.88 P/E GrowthN/ANet Income$102.07 million Net Margins36.69% Pretax Margin46.09% Return on Equity18.66% Return on Assets1.82% Debt Debt-to-Equity RatioN/A Current Ratio0.77 Quick Ratio0.77 Sales & Book Value Annual Sales$261.77 million Price / Sales5.57 Cash Flow$8.02 per share Price / Cash Flow12.05 Book Value$38.90 per share Price / Book2.48Miscellaneous Outstanding Shares15,080,000Free Float14,709,000Market Cap$1.46 billion OptionableOptionable Beta0.55 Key ExecutivesCharles R. HageboeckPresident, Chief Executive Officer & DirectorDavid L. BumgarnerChief Financial & Accounting Officer, Executive VPJeffrey Dale LeggeChief Information & Administrative Officer, EVPMichael T. QuinlanExecutive Vice President-Retail BankingJohn A. DeRitoExecutive Vice President-Commercial BankingKey CompetitorsFirst Commonwealth FinancialNYSE:FCFTrustmarkNASDAQ:TRMKNBT BancorpNASDAQ:NBTBNational BankNYSE:NBHCWesBancoNASDAQ:WSBCView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 13,496 shares on 6/1/2023Ownership: 3.722%ProShare Advisors LLCBought 5,657 shares on 5/26/2023Ownership: 0.649%Sharon H RoweSold 395 sharesTotal: $34,961.45 ($88.51/share)Ameriprise Financial Inc.Sold 2,591 shares on 5/22/2023Ownership: 0.385%JPMorgan Chase & Co.Bought 9,315 shares on 5/18/2023Ownership: 1.338%View All Insider TransactionsView All Institutional Transactions CHCO Stock - Frequently Asked Questions Should I buy or sell City stock right now? 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. What is City's stock price forecast for 2023? 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. How have CHCO shares performed in 2023? 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. When is City's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023. View our CHCO earnings forecast. How were City's earnings last quarter? 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%. How often does City pay dividends? What is the dividend yield for City? 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. What ETFs hold City's stock? 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). Is City a good dividend stock? 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. What other stocks do shareholders of City own? 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). What is City's stock symbol? City trades on the NASDAQ under the ticker symbol "CHCO." Who are City's major shareholders? 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. How do I buy shares of City? 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. What is City's stock price today? One share of CHCO stock can currently be purchased for approximately $96.62. How much money does City make? 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. How many employees does City have? The company employs 897 workers across the globe. How can I contact City? 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. This page (NASDAQ:CHCO) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding City Holding Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.