City Stock Forecast, Price & News

City's stock was trading at $62.50 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CHCO stock has increased by 13.7% and is now trading at $71.05.
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3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for City in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" City stock. 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 analyst ratings for City or view MarketBeat's top 5 stock picks.

Wall Street analysts have given City a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but City wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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City is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for City.

City Holding (NASDAQ:CHCO) issued its quarterly earnings results on Thursday, October, 22nd. The bank reported $1.25 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.89 by $0.36. The bank earned $54.96 million during the quarter, compared to analysts' expectations of $53.05 million. City had a return on equity of 13.07% and a net margin of 33.35%.
View City's earnings history.

City announced a quarterly dividend on Wednesday, December 16th. Stockholders of record on Friday, January 15th will be paid a dividend of $0.58 per share on Friday, January 29th. This represents a $2.32 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date is Thursday, January 14th. This is an increase from City's previous quarterly dividend of $0.57.
View City's dividend history.

City pays an annual dividend of $2.28 per share and currently has a dividend yield of 3.20%. City does not yet have a strock track record of dividend growth. The dividend payout ratio of City is 41.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, City will have a dividend payout ratio of 56.30% next year. This indicates that City will be able to sustain or increase its dividend.
View City's dividend history.

3 Wall Street analysts have issued 12 month price objectives for City's stock. Their forecasts range from $61.00 to $65.00. On average, they expect City's share price to reach $63.00 in the next year. This suggests that the stock has a possible downside of 11.3%.
View analysts' price targets for City or view Wall Street analyst' top-rated stocks.

Some companies that are related to City include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), First Horizon (FHN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
View all of CHCO's competitors.

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 a number of institutional and retail investors. Top institutional investors include City Holding Co. (1.97%), State of Alaska Department of Revenue (0.08%) and First Citizens Bank & Trust Co. (0.02%). 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, Robert D Fisher and Tracy W Hylton II.
View institutional ownership trends for City.

CHCO stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have sold City company stock in the last year include Charles R Hageboeck, and Craig G Stilwell.
View insider buying and selling activity for City or view top insider-selling stocks.

CHCO stock was purchased by a variety of institutional investors in the last quarter, including City Holding Co., and First Citizens Bank & Trust Co.. 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 or or view top insider-buying stocks.

Shares of CHCO 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.

One share of CHCO stock can currently be purchased for approximately $71.05.

City has a market capitalization of $1.12 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. City employs 921 workers across the globe.

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

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]