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NASDAQ:CHCOCity Stock Price, Forecast & News

$67.09
+4.59 (+7.34 %)
(As of 05/27/2020 04:00 PM ET)
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Today's Range
$63.70
Now: $67.09
$67.47
50-Day Range
$55.18
MA: $63.04
$70.30
52-Week Range
$53.06
Now: $67.09
$83.07
Volume75,019 shs
Average Volume73,483 shs
Market Capitalization$1.08 billion
P/E Ratio11.37
Dividend Yield3.65%
Beta0.62
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 accepts various deposit products, such as checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts. It also provides commercial and industrial loans that consist of loans to corporate and other legal entity borrowers primarily in small to mid-size industrial and commercial companies; commercial real estate loans comprising commercial mortgages, which are secured by nonresidential and multi-family residential properties; residential real estate loans to consumers for the purchase or refinance of a residence; first-lien home equity loans; consumer loans that are secured and unsecured by automobiles, boats, recreational vehicles, certificates of deposit, and other personal property; and demand deposit account overdrafts. In addition, the company offers mortgage banking services, including fixed and adjustable-rate mortgages, construction financing, production of conventional and government insured mortgages, secondary marketing, and mortgage servicing. Further, it provides deposit services for commercial customers comprising treasury management, lockbox, and other cash management services; merchant credit card services; wealth management, trust, investment, and custodial services for commercial and individual customers; and corporate trust and institutional custody, financial and estate planning, and retirement plan services, as well as automated-teller-machine, interactive-teller-machine, mobile banking, and debit card services. As of January 31, 2018, the company operated through a network of 86 branches in West Virginia, Virginia, Kentucky, and Ohio. City Holding Company was founded in 1957 and is headquartered in Charleston, West Virginia.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 1.8Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.44 out of 5 stars


Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:CHCO
CUSIP17783510
Phone304-769-1100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$266.19 million
Cash Flow$6.25 per share
Book Value$42.43 per share

Profitability

Net Income$89.35 million

Miscellaneous

EmployeesN/A
Market Cap$1.08 billion
Next Earnings Date7/27/2020 (Estimated)
OptionableOptionable

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City (NASDAQ:CHCO) Frequently Asked Questions

How has City's stock been impacted by COVID-19 (Coronavirus)?

City's stock was trading at $62.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CHCO stock has increased by 7.3% and is now trading at $67.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of City?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for City in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for City.

When is City's next earnings date?

City is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for City.

How were City's earnings last quarter?

City Holding (NASDAQ:CHCO) announced its earnings results on Tuesday, April, 28th. The bank reported $0.91 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.11 by $0.20. The bank had revenue of $73.76 million for the quarter, compared to analysts' expectations of $72.19 million. City had a return on equity of 14.58% and a net margin of 33.89%. View City's earnings history.

How often does City pay dividends? What is the dividend yield for City?

City declared a quarterly dividend on Monday, March 30th. Investors of record on Wednesday, April 15th will be paid a dividend of $0.57 per share on Thursday, April 30th. This represents a $2.28 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date is Tuesday, April 14th. View City's dividend history.

What price target have analysts set for CHCO?

4 brokers have issued 1-year price objectives for City's stock. Their forecasts range from $61.00 to $83.50. On average, they anticipate City's share price to reach $73.50 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View analysts' price targets for City.

Has City been receiving favorable news coverage?

Press coverage about CHCO stock has trended somewhat negative this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. City earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutCity.

Are investors shorting City?

City saw a decrease in short interest in May. As of May 15th, there was short interest totaling 666,400 shares, a decrease of 11.5% from the April 30th total of 753,000 shares. Based on an average trading volume of 78,700 shares, the short-interest ratio is presently 8.5 days. Currently, 4.3% of the company's shares are short sold. View City's Current Options Chain.

Who are some of City's key competitors?

What other stocks do shareholders of City own?

Who are City's key executives?

City's management team includes the following people:
  • Mr. Charles R. Hageboeck, Pres, CEO & Director (Age 57)
  • Mr. David L. Bumgarner, Sr. VP & CFO (Age 54)
  • Mr. Jeffrey Dale Legge, Sr. VP, Chief Admin. Officer & Chief Information Officer (Age 55)
  • Mr. Craig G. Stilwell, Exec. VP of Retail Banking (Age 63)
  • Mr. John A. DeRito, Exec. VP of Commercial Banking (Age 69)

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 investors include BlackRock Inc. (14.46%), State Street Corp (3.60%), JPMorgan Chase & Co. (2.11%), Invesco Ltd. (1.79%), City Holding Co. (1.77%) and Geode Capital Management LLC (1.51%). Company insiders that own City stock include Charles R Hageboeck, Craig G Stilwell, David L Bumgarner, Diane W Strong-Treister, J Thomas Jones, Jeffrey Dale Legge, John A Derito, Robert D Fisher and Tracy W Hylton II. View institutional ownership trends for City.

Which major investors are selling City stock?

CHCO stock was sold by a variety of institutional investors in the last quarter, including City Holding Co., Morgan Stanley, Morgan Stanley, The Manufacturers Life Insurance Company , Citigroup Inc., UBS Group AG, Arizona State Retirement System, and Invesco Ltd.. Company insiders that have sold City company stock in the last year include Charles R Hageboeck, Craig G Stilwell, David L Bumgarner, and J Thomas Jones. View insider buying and selling activity for City.

Which major investors are buying City stock?

CHCO stock was purchased by a variety of institutional investors in the last quarter, including Buckingham Asset Management LLC, Schroder Investment Management Group, JPMorgan Chase & Co., BlackRock Inc., Eaton Vance Management, State Street Corp, Carolina Wealth Advisors LLC, and Geode Capital Management LLC. Company insiders that have bought City stock in the last two years include Diane W Strong-Treister, Robert D Fisher, and Tracy W Hylton II. View insider buying and selling activity for City.

How do I buy shares of City?

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

What is City's stock price today?

One share of CHCO stock can currently be purchased for approximately $67.09.

How big of a company is City?

City has a market capitalization of $1.08 billion and generates $266.19 million in revenue each year. The bank earns $89.35 million in net income (profit) each year or $5.46 on an earnings per share basis.

What is City's official website?

The official website for City is www.bankatcity.com.

How can I contact City?

City's mailing address is 25 GATEWATER ROAD, CHARLESTON WV, 25313. The bank can be reached via phone at 304-769-1100 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff

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