Civista Bancshares - CIVB Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Civista Bancshares in the last year. There are currently 1 hold rating and 1 buy rating 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.

2 analysts have issued 12-month target prices for Civista Bancshares' stock. Their CIVB share price forecasts range from $25.00 to $25.00. On average, they predict the company's stock price to reach $25.00 in the next year. This suggests a possible upside of 16.1% 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 $24.40 at the beginning of 2022. Since then, CIVB stock has decreased by 11.7% and is now trading at $21.54.
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Civista Bancshares is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our CIVB earnings forecast.

Civista Bancshares, Inc. (NASDAQ:CIVB) released its quarterly earnings data on Thursday, July, 28th. The bank reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.01. The bank earned $29.90 million during the quarter, compared to analysts' expectations of $30.90 million. Civista Bancshares had a net margin of 28.80% and a trailing twelve-month return on equity of 10.70%. During the same quarter in the previous year, the firm posted $0.59 EPS.

Civista Bancshares declared a quarterly dividend on Friday, July 29th. Shareholders of record on Tuesday, August 9th will be paid a dividend of $0.14 per share on Tuesday, August 23rd. This represents a $0.56 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Monday, August 8th.
Read our dividend analysis for CIVB.

Civista Bancshares (NASDAQ:CIVB) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.57%. 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.

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 number of retail and institutional investors. Top institutional investors include Beese Fulmer Investment Management Inc. (1.40%), Russell Investments Group Ltd. (1.22%), Park National Corp OH (0.51%), Assenagon Asset Management S.A. (0.48%), Victory Capital Management Inc. (0.33%) and Strs Ohio (0.19%). Insiders that own company stock include Allen R Nickles, Gerald B Wurm, Harry Singer, Julie A Mattlin 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 $21.54.

Civista Bancshares (NASDAQ:CIVB) has a market capitalization of $314.20 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.

Civista Bancshares employs 441 workers across the globe.

Civista Bancshares was founded in 1884.

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.