City - CHCO Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for City in the last twelve months. There are currently 2 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.
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2 Wall Street analysts have issued 1 year target prices for City's shares. Their CHCO share price forecasts range from $91.00 to $91.00. On average, they predict the company's share price to reach $91.00 in the next year. This suggests that the stock has a possible downside of 3.9%.
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City's stock was trading at $93.09 at the beginning of 2023. Since then, CHCO shares have increased by 1.7% and is now trading at $94.71.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our CHCO earnings forecast.

City Holding (NASDAQ:CHCO) announced its quarterly earnings results on Wednesday, October, 20th. The bank reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.24 by $0.23. The bank had revenue of $57.77 million for the quarter, compared to analyst estimates of $55.30 million. City had a net margin of 38.88% and a trailing twelve-month return on equity of 17.32%.

City announced a quarterly dividend on Tuesday, November 15th. Investors of record on Friday, January 13th will be given a dividend of $0.65 per share on Tuesday, January 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Thursday, January 12th.
Read our dividend analysis for CHCO.

City (NASDAQ:CHCO) pays an annual dividend of $2.60 per share and currently has a dividend yield of 2.80%. 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 38.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHCO will have a dividend payout ratio of 35.86% 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 investors include City Holding Co. (1.90%), Carolina Wealth Advisors LLC (0.30%), North Star Investment Management Corp. (0.09%), Yousif Capital Management LLC (0.07%), Comerica Bank (0.06%) and Exchange Traded Concepts LLC (0.05%). Insiders that own company stock include Charles R Hageboeck, Craig G Stilwell, David L Bumgarner, Diane W Strong-Treister, Gregory A Burton, J Thomas Jones, Javier A Reyes, Jeffrey Dale Legge, John A Derito, Michael T Quinlan Jr, Michael T Quinlan, Jr, Robert D Fisher, Tracy W Hylton II and Tracy W Hylton II.
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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.
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One share of CHCO stock can currently be purchased for approximately $94.71.

City (NASDAQ:CHCO) has a market capitalization of $1.41 billion and generates $261.77 million in revenue each year. The bank earns $102.07 million in net income (profit) each year or $6.80 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.