Civista Bancshares - CIVB Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Civista Bancshares in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CIVB shares.
View CIVB analyst ratings or view top-rated stocks.

3 brokers have issued 12-month price targets for Civista Bancshares' shares. Their CIVB share price forecasts range from $25.50 to $30.00. On average, they predict the company's stock price to reach $27.20 in the next year. This suggests a possible upside of 19.2% 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 on January 1st, 2022. Since then, CIVB shares have decreased by 6.5% and is now trading at $22.81.
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The company is scheduled to release its next quarterly earnings announcement on Friday, February 3rd 2023.
View our CIVB earnings forecast.

Civista Bancshares, Inc. (NASDAQ:CIVB) issued its quarterly earnings data on Tuesday, October, 26th. The bank reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.02. The bank had revenue of $30.86 million for the quarter, compared to the consensus estimate of $30.90 million. Civista Bancshares had a trailing twelve-month return on equity of 11.89% and a net margin of 28.59%. During the same quarter in the previous year, the firm earned $0.48 EPS.

Civista Bancshares declared a quarterly dividend on Friday, October 28th. Stockholders of record on Tuesday, November 8th will be given a dividend of $0.14 per share on Tuesday, November 22nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend is Monday, November 7th.
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 2.45%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 21.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIVB will have a dividend payout ratio of 18.06% 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.70%), Vanguard Group Inc. (4.34%), Dimensional Fund Advisors LP (4.36%), The Manufacturers Life Insurance Company (3.59%), Pacific Ridge Capital Partners LLC (1.77%) and State Street Corp (1.63%). 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 $22.81.

Civista Bancshares (NASDAQ:CIVB) has a market capitalization of $358.73 million and generates $133.19 million in revenue each year. The bank earns $40.55 million in net income (profit) each year or $2.55 on an earnings per share basis.

The company employs 441 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.