Civista Bancshares (CIVB) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Civista Bancshares in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CIVB shares.
View CIVB analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued 12 month price objectives for Civista Bancshares' shares. Their CIVB share price forecasts range from $22.00 to $30.00. On average, they predict the company's share price to reach $26.00 in the next year. This suggests a possible upside of 65.8% from the stock's current price.
View analysts price targets for CIVB or view top-rated stocks among Wall Street analysts.

Civista Bancshares' stock was trading at $22.01 on January 1st, 2023. Since then, CIVB stock has decreased by 28.8% and is now trading at $15.68.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our CIVB earnings forecast.

Civista Bancshares, Inc. (NASDAQ:CIVB) posted its quarterly earnings data on Friday, July, 28th. The bank reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by $0.09. The bank had revenue of $40.49 million for the quarter, compared to analysts' expectations of $41.70 million. Civista Bancshares had a net margin of 24.13% and a trailing twelve-month return on equity of 13.84%.

Civista Bancshares announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Tuesday, August 8th will be paid a dividend of $0.16 per share on Tuesday, August 22nd. This represents a $0.64 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date of this dividend is Monday, August 7th. This is a boost from the stock's previous quarterly dividend of $0.15.
Read our dividend analysis for CIVB.

Civista Bancshares (NASDAQ:CIVB) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.02%. CIVB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIVB will have a dividend payout ratio of 25.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIVB.

Based on aggregate information from My MarketBeat watchlists, some companies that other Civista Bancshares investors own include Walt Disney (DIS), Enterprise Products Partners (EPD), BAE Systems (BA), Verizon Communications (VZ), AbbVie (ABBV), Dominion Energy (D), Enbridge (ENB), Huntington Bancshares (HBAN), Iron Mountain (IRM) and Kimco Realty (KIM).

Civista Bancshares trades on the NASDAQ under the ticker symbol "CIVB."

Civista Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.40%), Dimensional Fund Advisors LP (4.56%), The Manufacturers Life Insurance Company (3.32%), Geode Capital Management LLC (1.91%), State Street Corp (1.84%) and Beese Fulmer Investment Management Inc. (1.22%). Insiders that own company stock include Allen R Nickles, Gerald B Wurm, Harry Singer, Julie A Mattlin, Nathan E Weaks and William F Ritzmann.
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Shares of CIVB 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 CIVB stock can currently be purchased for approximately $15.68.

Civista Bancshares (NASDAQ:CIVB) has a market capitalization of $246.94 million and generates $160.57 million in revenue each year. The bank earns $39.43 million in net income (profit) each year or $2.95 on an earnings per share basis.

The company employs 532 workers across the globe.

Civista Bancshares' mailing address is 100 EAST WATER ST, SANDUSKY OH, 44870. The official website for the company is www.civb.com. The bank can be reached via phone at (419) 625-4121, via email at dgshaffer@civista.bank, or via fax at 419-627-3359.