NASDAQ:CIVB

Civista Bancshares - CIVB Stock Forecast, Price & News

$22.68

+0.14 (+0.62%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $22.29
▼
$22.77
50-Day Range: $20.59
▼
$22.54
52-Week Range: $20.10
▼
$25.94

Volume: 19,952 shs
Average Volume: 40,050 shs
Market Capitalization: $349.70 million

P/E Ratio: 9.18
Dividend Yield: 2.48%
Price Target: $25.00

Civista Bancshares MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 10.2% Upside
$25.00 Price Target
Short Interest: Healthy
1.57% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.68
Upright™ Environmental Score
News Sentiment: 1.47
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$39,710 Bought Last Quarter
Proj. Earnings Growth: 18.22%
From $2.36 to $2.79 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.11 out of 5 stars

Finance Sector

49th out of 924 stocks

State Commercial Banks Industry

16th out of 192 stocks

2.3

Analyst's Opinion

Consensus Rating
Civista Bancshares has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.00, Civista Bancshares has a forecasted upside of 10.2% from its current price of $22.68.
Amount of Analyst Coverage
Civista Bancshares has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.57% of the float of Civista Bancshares has been sold short.
Short Interest Ratio / Days to Cover
Civista Bancshares has a short interest ratio ("days to cover") of 6.5.
Change versus previous month
Short interest in Civista Bancshares has recently decreased by 33.10%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Civista Bancshares pays a meaningful dividend of 2.48%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Civista Bancshares has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Civista Bancshares is 22.67%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Civista Bancshares will have a dividend payout ratio of 20.07% next year. This indicates that Civista Bancshares will be able to sustain or increase its dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Civista Bancshares has received a 30.87% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Corporate debit cards", "Home equity loans", and "Consumer savings accounts provided by brick and mortar banks" products. See details.
Environmental Sustainability
The Environmental Impact score for Civista Bancshares is -0.68.

3.0

News and Social Media Coverage

News Sentiment
Civista Bancshares has a news sentiment score of 1.47. 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 is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Civista Bancshares this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for CIVB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Civista Bancshares insiders have bought more of their company's stock than they have sold. Specifically, they have bought $39,710.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 3.05% of the stock of Civista Bancshares is held by insiders.
Percentage Held by Institutions
53.04% of the stock of Civista Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Civista Bancshares are expected to grow by 18.22% in the coming year, from $2.36 to $2.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Civista Bancshares is 9.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of Civista Bancshares is 9.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 150.15.
Price to Book Value per Share Ratio
Civista Bancshares has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Civista Bancshares (NASDAQ:CIVB) Stock

Civista Bancshares, Inc. operates as the financial holding company for Civista Bank that provides community banking services. It collects a range of customer deposits; and offers commercial and agriculture, commercial and residential real estate, farm real estate, real estate construction, consumer, and other loans, as well as letters of credit. The company also purchases securities; and provides trust and third-party insurance services. It operates approximately 42 locations in Northern, Central, Southwestern, and Northwestern Ohio, as well as Southeastern Indiana and Northern Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares, Inc. in May 2015. Civista Bancshares, Inc. was founded in 1884 and is headquartered in Sandusky, Ohio.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on CIVB shares. DA Davidson reissued a "buy" rating on shares of Civista Bancshares in a research note on Wednesday, July 27th. StockNews.com downgraded shares of Civista Bancshares from a "buy" rating to a "hold" rating in a research note on Thursday, May 26th. Finally, Hovde Group downgraded shares of Civista Bancshares from an "outperform" rating to a "market perform" rating and set a $25.00 price objective for the company. in a research note on Friday, July 29th.

Civista Bancshares Stock Up 0.6 %

NASDAQ:CIVB traded up $0.14 on Tuesday, hitting $22.68. The stock had a trading volume of 19,952 shares, compared to its average volume of 40,050. The business's fifty day moving average price is $21.49 and its 200 day moving average price is $22.48. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.91 and a quick ratio of 0.91. Civista Bancshares has a 52-week low of $20.10 and a 52-week high of $25.94. The stock has a market cap of $349.70 million, a price-to-earnings ratio of 9.17 and a beta of 0.84.

Civista Bancshares (NASDAQ:CIVB - Get Rating) last announced its quarterly earnings data on Thursday, July 28th. The bank reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.01. The firm had revenue of $29.90 million for the quarter, compared to analyst estimates of $30.90 million. Civista Bancshares had a net margin of 28.80% and a return on equity of 11.04%. During the same period in the previous year, the company earned $0.59 earnings per share. Equities research analysts anticipate that Civista Bancshares will post 2.36 earnings per share for the current year.

Civista Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 23rd. Stockholders of record on Tuesday, August 9th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date is Monday, August 8th. Civista Bancshares's dividend payout ratio (DPR) is presently 22.67%.

Insider Activity

In related news, Director Harry Singer acquired 1,900 shares of the company's stock in a transaction dated Friday, June 17th. The shares were purchased at an average cost of $20.90 per share, with a total value of $39,710.00. Following the completion of the acquisition, the director now directly owns 8,556 shares of the company's stock, valued at $178,820.40. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 3.05% of the company's stock.

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CIVB Stock News Headlines

August 13, 2022 | americanbankingnews.com

Civista Bancshares (NASDAQ:CIVB) versus Hancock Whitney (NASDAQ:HWC) Head to Head Comparison

August 5, 2022 | americanbankingnews.com

Civista Bancshares, Inc. (NASDAQ:CIVB) to Post Q3 2022 Earnings of $0.56 Per Share, DA Davidson Forecasts

August 4, 2022 | americanbankingnews.com

Civista Bancshares (NASDAQ:CIVB) versus ACNB (NASDAQ:ACNB) Head to Head Review

July 31, 2022 | seekingalpha.com

Civista Bancshares, Inc. (CIVB) CEO Dennis Shaffer on Q2 2022 Results - Earnings Call Transcript

July 31, 2022 | americanbankingnews.com

Civista Bancshares (NASDAQ:CIVB) Stock Rating Lowered by Hovde Group

July 31, 2022 | americanbankingnews.com

DA Davidson Weighs in on Civista Bancshares, Inc.'s Q2 2022 Earnings (NASDAQ:CIVB)

July 29, 2022 | finance.yahoo.com

Civista Bancshares, Inc. Declares Third Quarter Common Dividend

July 28, 2022 | finance.yahoo.com

Investors in Civista Bancshares (NASDAQ:CIVB) have made a return of 22% over the past five years

July 27, 2022 | msn.com

Civista Bancshares's Earnings Outlook

July 27, 2022 | finance.yahoo.com

Civista Bancshares, Inc. announces appointment of Lorina Wise as director

July 11, 2022 | finance.yahoo.com

Civista Bancshares, Inc. Announces Second Quarter 2022 Earnings Release Date

July 1, 2022 | finance.yahoo.com

Civista Bancshares, Inc. Completes Acquisition of Comunibanc Corp.

June 27, 2022 | finance.yahoo.com

Civista Bancshares (CIVB) Moves 5.6% Higher: Will This Strength Last?

June 6, 2022 | finance.yahoo.com

5 Reasons to Add First Republic (FRC) Stock to Your Portfolio

May 30, 2022 | finance.yahoo.com

Wall Street Analysts Believe Civista Bancshares (CIVB) Could Rally 37%: Here's is How to Trade

May 16, 2022 | finance.yahoo.com

Inorganic Moves Aid Huntington (HBAN) Amid Rising Costs

May 5, 2022 | finance.yahoo.com

Should You Buy Civista Bancshares, Inc. (NASDAQ:CIVB) For Its Upcoming Dividend?

May 4, 2022 | finance.yahoo.com

Down 13.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Civista Bancshares (CIVB)

May 4, 2022 | finance.yahoo.com

Truist Financial (TFC) Buys Gamified Finance App Long Game

May 3, 2022 | finance.yahoo.com

Loan Growth Aids Associated Banc-Corp (ASB) Despite High Costs

May 2, 2022 | finance.yahoo.com

Civista Bancshares, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

April 29, 2022 | finance.yahoo.com

Civista Bancshares, Inc. Announces Expiration and Results of Exchange Offer for 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031

April 29, 2022 | finance.yahoo.com

After Plunging 8.9% in 4 Weeks, Here's Why the Trend Might Reverse for Civista Bancshares (CIVB)

April 29, 2022 | ng.investing.com

Civista Bancshares Misses Q1 EPS by 6c

April 28, 2022 | finance.yahoo.com

Civista Bancshares, Inc. Announces First Quarter 2022 Financial Results

See More Headlines

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CIVB Company Calendar

Ex-Dividend for 5/25 Dividend: 5/09/2022
Dividend Payable: 5/25/2022
Last Earnings: 7/28/2022
Ex-Dividend for 8/23 Dividend: 8/08/2022
Today: 8/16/2022
Dividend Payable: 8/23/2022
Next Earnings (Estimated): 10/26/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:CIVB
CUSIP: N/A
CIK: 944745
Web: www.civb.com
Phone: (419) 625-4121
Fax: 419-627-3359
Employees: 441
Year Founded: 1884

Price Target and Rating

Average Stock Price Forecast: $25.00
High Stock Price Forecast: $25.00
Low Stock Price Forecast: $25.00
Forecasted Upside/Downside: +10.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.47
Trailing P/E Ratio: 9.18
Forward P/E Ratio: 9.61
P/E Growth: N/A
Net Income: $40.55 million
Net Margins: 28.80%
Pretax Margin: 33.74%
Return on Equity: 11.04%
Return on Assets: 1.21%

Debt

Debt-to-Equity Ratio: 0.59
Current Ratio: 0.91
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: $133.19 million
Price / Sales: 2.63
Cash Flow: $2.29 per share
Price / Cash Flow: 9.90
Book Value: $23.64 per share
Price / Book: 0.96

Miscellaneous

Outstanding Shares: 15,419,000
Free Float: 14,949,000
Market Cap: $349.70 million
Optionable: Optionable
Beta: 0.84

Social Links

Key Executives

Mr. Dennis G. Shaffer (Age 59)
Pres, CEO & Vice Chairman
Mr. Richard J. Dutton (Age 59)
Sr. VP & COO
Mr. Paul J. Stark (Age 64)
Sr. VP
Comp: $324.33k
Mr. Charles A. Parcher (Age 57)
Sr. VP
Comp: $399.71k
Mr. Todd A. Michel (Age 57)
Sr. VP & Controller
Comp: $285.3k
Mr. Harry Singer (Age 67)
Independent Director
Comp: $24.8k
Mr. Carl A. Kessler III
Sr. VP & Chief Information Officer
Mr. Lance A. Morrison (Age 54)
Sr. VP, Gen. Counsel & Corp. Sec.
Ms. Donna M. Waltz-Jaskolski (Age 55)
Sr. VP
Russell L. Edwards
Sr. VP of Retail Banking

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CIVB Stock - Frequently Asked Questions

Should I buy or sell Civista Bancshares stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Civista Bancshares in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CIVB shares.
View CIVB analyst ratings or view top-rated stocks.
What is Civista Bancshares' stock price forecast for 2022?: 2 equities research analysts have issued 12-month price objectives for Civista Bancshares' stock. Their CIVB share price forecasts range from $25.00 to $25.00. On average, they predict the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price.
View analysts price targets for CIVB or view top-rated stocks among Wall Street analysts.
How have CIVB shares performed in 2022?: Civista Bancshares' stock was trading at $24.40 at the beginning of 2022. Since then, CIVB stock has decreased by 7.0% and is now trading at $22.68.
View the best growth stocks for 2022 here.
When is Civista Bancshares' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our CIVB earnings forecast.
How were Civista Bancshares' earnings last quarter?: Civista Bancshares, Inc. (NASDAQ:CIVB) released its earnings results on Thursday, July, 28th. The bank reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.01. The bank had revenue of $29.90 million for the quarter, compared to the consensus estimate of $30.90 million. Civista Bancshares had a trailing twelve-month return on equity of 11.04% and a net margin of 28.80%. During the same quarter last year, the company earned $0.59 EPS.
How often does Civista Bancshares pay dividends? What is the dividend yield for Civista Bancshares?: Civista Bancshares declared a quarterly dividend on Friday, July 29th. Shareholders of record on Tuesday, August 9th will be given a dividend of $0.14 per share on Tuesday, August 23rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.47%. The ex-dividend date is Monday, August 8th.
Read our dividend analysis for CIVB.
Is Civista Bancshares a good dividend stock?: Civista Bancshares (NASDAQ:CIVB) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.48%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIVB will have a dividend payout ratio of 20.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIVB.

What other stocks do shareholders of Civista Bancshares own?: 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).
What is Civista Bancshares' stock symbol?: Civista Bancshares trades on the NASDAQ under the ticker symbol "CIVB."
Who are Civista Bancshares' major shareholders?: Civista Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Pacific Ridge Capital Partners LLC (1.92%), State Street Corp (1.73%), Beese Fulmer Investment Management Inc. (1.40%), RMB Capital Management LLC (1.23%), Russell Investments Group Ltd. (1.22%) and Northern Trust Corp (1.03%). Insiders that own company stock include Allen R Nickles, Gerald B Wurm, Harry Singer, Julie A Mattlin and William F Ritzmann.
View institutional ownership trends.
How do I buy shares of Civista Bancshares?: 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.
Compare Top Brokerages Here.
What is Civista Bancshares' stock price today?: One share of CIVB stock can currently be purchased for approximately $22.68.
How much money does Civista Bancshares make?: Civista Bancshares (NASDAQ:CIVB) has a market capitalization of $349.70 million and generates $133.19 million in revenue each year. The bank earns $40.55 million in net income (profit) each year or $2.47 on an earnings per share basis.
How many employees does Civista Bancshares have?: The company employs 441 workers across the globe.
When was Civista Bancshares founded?: Civista Bancshares was founded in 1884.
How can I contact Civista Bancshares?: 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.

This page (NASDAQ:CIVB) was last updated on 8/17/2022 by MarketBeat.com Staff

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Civista Bancshares - CIVB Stock Forecast, Price & News

Civista Bancshares MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month