NASDAQ:CIVBCivista Bancshares Stock Price, Forecast & News

$14.98

+1.21 (+8.79 %)

(As of 04/10/2020 05:41 AM ET)

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Today's Range

$14.14

Now: $14.98▼

$15.27

50-Day Range

$12.52

MA: $16.83▼

$22.48

52-Week Range

$12.00

Now: $14.98▼

$24.32

Volume72,500 shs

Average Volume81,958 shs

Market Capitalization$247.77 million

P/E Ratio7.45

Dividend Yield3.20%

Beta1.1

Civista Bancshares, Inc. operates as the financial holding company for Civista Bank that engages in the community banking business in Ohio. The company accepts noninterest-bearing and interest-bearing demand deposits, and certificates of deposit. It offers commercial, commercial and residential real estate mortgage, real estate construction, and consumer loans. The company also provides trust and third party insurance services. It operates branch banking offices in 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, and Dayton communities of Ohio; and Lawrenceburg, Aurora, West Harrison, Milan, Osgood, and Versailles, as well as loan production offices in Mayfield Heights, and 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^™

3.2 Analyst's Opinion

Consensus Rating
Civista Bancshares has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.67, Civista Bancshares has a potential upside of 44.6% from its current price of $14.98.
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 226 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Civista Bancshares has received 301 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Civista Bancshares has received 57.12% “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.

3.3 Dividend Strength

Dividend Leadership
Civista Bancshares is a leading dividend payer. It pays a dividend yield of 3.20%, putting its dividend yield in the top 25% of dividend-paying stocks.
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 22.92 % next year. This indicates that Civista Bancshares will be able to sustain or increase its dividend.

4.0 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 $200,434.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.58% of the stock of Civista Bancshares is held by insiders.
Percentage Held by Institutions
58.85% of the stock of Civista Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Civista Bancshares are expected to grow by 0.52% in the coming year, from $1.91 to $1.92 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Civista Bancshares is 7.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Civista Bancshares is 7.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.73.
Price to Book Value per Share Ratio
Civista Bancshares has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.02 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

Webhttp://www.civb.com/

Phone419-625-4121

Debt

Debt-to-Equity Ratio0.78

Current Ratio1.02

Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio7.45

Forward P/E Ratio7.84

P/E GrowthN/A

Sales & Book Value

Annual Sales$120.50 million

Price / Sales2.06

Cash Flow$2.69 per share

Price / Cash Flow5.56

Book Value$21.33 per share

Price / Book0.70

Profitability

EPS (Most Recent Fiscal Year)$2.01

Net Income$33.88 million

Net Margins28.12%

Return on Equity10.68%

Return on Assets1.50%

Miscellaneous

Employees432

Outstanding Shares16,540,000

Market Cap$247.77 million

Next Earnings Date5/1/2020 (Estimated)

OptionableOptionable

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Civista Bancshares (NASDAQ:CIVB) Frequently Asked Questions

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

Civista Bancshares' stock was trading at $15.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CIVB stock has decreased by 2.5% and is now trading at $14.98. View which stocks have been most impacted by Coronavirus.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Civista Bancshares in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Civista Bancshares.

When is Civista Bancshares' next earnings date?

Civista Bancshares is scheduled to release its next quarterly earnings announcement on Friday, May 1st 2020. View our earnings forecast for Civista Bancshares.

How were Civista Bancshares' earnings last quarter?

Civista Bancshares Inc (NASDAQ:CIVB) posted its quarterly earnings results on Friday, February, 7th. The bank reported $0.47 EPS for the quarter, missing analysts' consensus estimates of $0.48 by $0.01. The bank had revenue of $26.85 million for the quarter, compared to analyst estimates of $26.70 million. Civista Bancshares had a net margin of 28.12% and a return on equity of 10.68%. View Civista Bancshares' earnings history.

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

Civista Bancshares declared a quarterly dividend on Monday, January 13th. Shareholders of record on Tuesday, January 21st will be given a dividend of $0.11 per share on Saturday, February 1st. This represents a $0.44 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend is Friday, January 17th. View Civista Bancshares' dividend history.

What price target have analysts set for CIVB?

3 brokers have issued twelve-month price targets for Civista Bancshares' shares. Their forecasts range from $14.00 to $26.00. On average, they expect Civista Bancshares' stock price to reach $21.67 in the next twelve months. This suggests a possible upside of 44.6% from the stock's current price. View analysts' price targets for Civista Bancshares.

Has Civista Bancshares been receiving favorable news coverage?

Press coverage about CIVB stock has trended very negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Civista Bancshares earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutCivista Bancshares.

Who are some of Civista Bancshares' key competitors?

Some companies that are related to Civista Bancshares include First Busey (BUSE), TriCo Bancshares (TCBK), 1st Source (SRCE), Oritani Financial (ORIT), Veritex (VBTX), Enterprise Financial Services (EFSC), German American Bancorp. (GABC), Carolina Financial (CARO), First Bancorp (FBNC), Washington Trust Bancorp (WASH), FB Financial (FBK), Stock Yards Bancorp (SYBT), First National Bank Alaska (FBAK), Boston Private Financial (BPFH) and Republic Bancorp, Inc. KY (RBCAA).

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), Iron Mountain (IRM), Altria Group (MO) and Marathon Petroleum (MPC).

Who are Civista Bancshares' key executives?

Civista Bancshares' management team includes the following people:

Mr. James O. Miller, Chairman (Age 67)
Mr. Dennis G. Shaffer, Pres, CEO & Director (Age 56)
Mr. Richard J. Dutton, Sr. VP (Age 56)
Mr. Charles A. Parcher, Sr. VP (Age 54)
Mr. Todd A. Michel, Sr. VP & Controller (Age 54)

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 Beese Fulmer Investment Management Inc. (1.66%). Company insiders that own Civista Bancshares stock include Allen R Nickles, Charles A Parcher, Gerald B Wurm, Harry Singer, Lance A Morrison 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 Beese Fulmer Investment Management Inc.. 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 $14.98.

How big of a company is Civista Bancshares?

Civista Bancshares has a market capitalization of $247.77 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 432 workers across the globe. View additional information about Civista Bancshares.

What is Civista Bancshares' official website?

The official website for Civista Bancshares is http://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 4/10/2020 by MarketBeat.com Staff

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