NASDAQ:CIVB

Civista Bancshares Stock Forecast, Price & News

$16.29

-0.25 (-1.51 %)

(As of 11/23/2020 12:00 AM ET)

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Today's Range

$16.12

Now: $16.29▼

$16.67

50-Day Range

$13.30

MA: $14.96▼

$17.20

52-Week Range

$11.25

Now: $16.29▼

$24.32

Volume20,365 shs

Average Volume50,296 shs

Market Capitalization$259.24 million

P/E Ratio8.90

Dividend Yield2.66%

Beta0.86

Civista Bancshares, Inc. operates as the financial holding company for Civista Bank that provides community banking services. The company collects a range of customer deposits; and offers commercial, commercial and residential real estate mortgage, real estate construction, and consumer loans, as well as letters of credit. It also purchases securities; and provides trust and third party insurance services. The company operates branch banking offices in Ohio communities, including Sandusky, Norwalk, Berlin Heights, Huron, Port Clinton, Castalia, New Washington, Shelby, Willard, Greenwich, Plymouth, Shiloh, Akron, Dublin, Plain City, Russells Point, Urbana, West Liberty, Quincy, Dayton, and Beachwood; and Indiana communities comprising Lawrenceburg, Aurora, West Harrison, Milan, Osgood, and Versailles. It also operates loan production offices Westlake, Ohio; and Fort Mitchell, 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.

Beat the Market (BTM) Rank^™

1.4 Analyst's Opinion

Consensus Rating
Civista Bancshares has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.31, Civista Bancshares has a forecasted upside of 6.3% from its current price of $16.29.
Amount of Analyst Coverage
Civista Bancshares has only been the subject of 2 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Civista Bancshares has received 233 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Civista Bancshares has received 311 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Civista Bancshares has received 57.17% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Civista Bancshares and other stocks. Vote “Outperform” if you believe CIVB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CIVB will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Civista Bancshares pays a meaningful dividend of 2.66%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Civista Bancshares has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Civista Bancshares is 21.89%. 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 26.67% next year. This indicates that Civista Bancshares will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Civista Bancshares insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.58% of the stock of Civista Bancshares is held by insiders.
Percentage Held by Institutions
50.48% of the stock of Civista Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Civista Bancshares are expected to decrease by -6.78% in the coming year, from $1.77 to $1.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Civista Bancshares is 8.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Civista Bancshares is 8.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.87.
Price to Book Value per Share Ratio
Civista Bancshares has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.74 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:CIVB

Previous Symbol

CUSIPN/A

CIK944745

Webwww.civb.com

Phone419-625-4121

Employees457

Debt

Debt-to-Equity Ratio0.99

Current Ratio1.06

Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio8.90

Forward P/E Ratio9.20

P/E GrowthN/A

Sales & Book Value

Annual Sales$120.50 million

Price / Sales2.15

Cash Flow$2.44 per share

Price / Cash Flow6.68

Book Value$21.49 per share

Price / Book0.76

Profitability

EPS (Most Recent Fiscal Year)$2.01

Net Income$33.88 million

Net Margins23.92%

Return on Equity8.93%

Return on Assets1.14%

Miscellaneous

Outstanding Shares15,914,000

Market Cap$259.24 million

Next Earnings Date2/5/2021 (Estimated)

OptionableOptionable

$16.29

-0.25 (-1.51 %)

(As of 11/23/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Civista Bancshares (NASDAQ:CIVB) Frequently Asked Questions

How has Civista Bancshares' stock been impacted by COVID-19?

Civista Bancshares' stock was trading at $15.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CIVB stock has increased by 6.0% and is now trading at $16.29.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Civista Bancshares?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Civista Bancshares in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Civista Bancshares.

What stocks does MarketBeat like better than Civista Bancshares?

Wall Street analysts have given Civista Bancshares a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Civista Bancshares wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Civista Bancshares' next earnings date?

Civista Bancshares is scheduled to release its next quarterly earnings announcement on Friday, February 5th 2021.
View our earnings forecast for Civista Bancshares.

How were Civista Bancshares' earnings last quarter?

Civista Bancshares, Inc. (NASDAQ:CIVB) released its quarterly earnings results on Friday, October, 23rd. The bank reported $0.48 EPS for the quarter, beating the consensus estimate of $0.32 by $0.16. Civista Bancshares had a return on equity of 8.93% and a net margin of 23.92%.
View Civista Bancshares' earnings history.

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

Civista Bancshares announced a quarterly dividend on Monday, October 12th. Shareholders of record on Tuesday, October 20th will be paid a dividend of $0.11 per share on Monday, November 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Monday, October 19th.
View Civista Bancshares' dividend history.

What price target have analysts set for CIVB?

4 brokers have issued 12-month price objectives for Civista Bancshares' stock. Their forecasts range from $14.00 to $19.00. On average, they expect Civista Bancshares' stock price to reach $17.31 in the next year. This suggests a possible upside of 6.3% from the stock's current price.
View analysts' price targets for Civista Bancshares.

Who are some of Civista Bancshares' key competitors?

Some companies that are related to Civista Bancshares include Southside Bancshares (SBSI), Tompkins Financial (TMP), TriCo Bancshares (TCBK), 1st Source (SRCE), First Bancorp (FBNC), Stock Yards Bancorp (SYBT), S&T Bancorp (STBA), Great Western Bancorp (GWB), Enterprise Financial Services (EFSC), German American Bancorp (GABC), OFG Bancorp (OFG), Tompkins Financial (TMP), First Foundation (FFWM), Merchants Bancorp (MBIN) and Republic Bancorp (RBCAA).
View all competitors.

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 The Walt Disney (DIS), Enterprise Products Partners (EPD), BAE Systems plc (BA.L) (BA), Verizon Communications (VZ), AbbVie (ABBV), Dominion Energy (D), Enbridge (ENB), Huntington Bancshares (HBAN), Iron Mountain (IRM) and Kimco Realty (KIM).

Who are Civista Bancshares' key executives?

Civista Bancshares' management team includes the following people:

Mr. Dennis G. Shaffer, Pres, CEO & Director (Age 57)
Mr. Richard J. Dutton, SVP & COO (Age 57)
Mr. Paul J. Stark, Sr. VP (Age 62, Pay $260.26k)
Mr. Charles A. Parcher, Sr. VP (Age 55, Pay $342.74k)
Mr. Todd A. Michel, Sr. VP & Controller (Age 55, Pay $258.52k)
Mr. Harry Singer, Independent Director (Age 65, Pay $27.86k)
Mr. Lance A. Morrison, Sr. VP, Gen. Counsel & Corp. Sec. (Age 53)
Mr. John A. Betts, Sr. VP (Age 49)
Ms. Donna M. Waltz-Jaskolski, Sr. VP (Age 54)
Russell Edwards, Sr. VP of Retail Banking

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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.31%), Maltese Capital Management LLC (3.64%), The Manufacturers Life Insurance Company (2.96%), State Street Corp (1.78%), Beese Fulmer Investment Management Inc. (1.48%) and Pacific Ridge Capital Partners LLC (1.31%). Company insiders that own Civista Bancshares stock include Allen R Nickles, Charles A Parcher, Gerald B Wurm, Harry Singer and W Michael Mclaughlin.
View institutional ownership trends for Civista Bancshares.

Which institutional investors are selling Civista Bancshares stock?

CIVB stock was sold by a variety of institutional investors in the last quarter, including Maltese Capital Management LLC, Bowling Portfolio Management LLC, New York State Common Retirement Fund, Assenagon Asset Management S.A., LSV Asset Management, Beese Fulmer Investment Management Inc., Acadian Asset Management LLC, and WINTON GROUP Ltd.
View insider buying and selling activity for Civista Bancshares.

Which institutional investors are buying Civista Bancshares stock?

CIVB stock was purchased by a variety of institutional investors in the last quarter, including Mendon Capital Advisors Corp, Arrowstreet Capital Limited Partnership, Pacific Ridge Capital Partners LLC, GSA Capital Partners LLP, Mackay Shields LLC, Boston Partners, BlackRock Inc., and Trexquant Investment LP. Company insiders that have bought Civista Bancshares stock in the last two years include Allen R Nickles, Charles A Parcher, Gerald B Wurm, and Harry Singer.
View insider buying and selling activity for Civista Bancshares.

How do I buy shares of Civista Bancshares?

Shares of CIVB 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 Civista Bancshares' stock price today?

One share of CIVB stock can currently be purchased for approximately $16.29.

How big of a company is Civista Bancshares?

Civista Bancshares has a market capitalization of $259.24 million and generates $120.50 million in revenue each year. The bank earns $33.88 million in net income (profit) each year or $2.01 on an earnings per share basis. Civista Bancshares employs 457 workers across the globe.

What is Civista Bancshares' official website?

The official website for Civista Bancshares is www.civb.com.

How can I contact Civista Bancshares?

Civista Bancshares' mailing address is 100 EAST WATER ST, SANDUSKY OH, 44870. The bank can be reached via phone at 419-625-4121 or via email at [email protected]

This page was last updated on 11/24/2020 by MarketBeat.com Staff

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