NASDAQ:CIVBCivista Bancshares Stock Price, Forecast & News

$15.24

-0.11 (-0.72 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$14.50

Now: $15.24▼

$15.33

50-Day Range

$12.27

MA: $14.23▼

$16.77

52-Week Range

$11.62

Now: $15.24▼

$24.32

Volume60,451 shs

Average Volume53,594 shs

Market Capitalization$244.45 million

P/E Ratio7.98

Dividend Yield2.87%

Beta0.97

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 42.2% from its current price of $15.24.
Amount of Analyst Coverage
Civista Bancshares has only been the subject of 1 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 304 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Civista Bancshares has received 57.36% “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 2.87%, 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 29.93 % next year. This indicates that Civista Bancshares will be able to sustain or increase its dividend.

1.0 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
53.51% 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 remain at $1.47 per share in the coming year.
Price to Earnings Ratio vs. the Market
The P/E ratio of Civista Bancshares is 7.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Civista Bancshares is 7.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.40.
Price to Book Value per Share Ratio
Civista Bancshares has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.30 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

Debt

Debt-to-Equity Ratio0.52

Current Ratio0.96

Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio7.98

Forward P/E Ratio10.37

P/E GrowthN/A

Sales & Book Value

Annual Sales$120.50 million

Price / Sales2.03

Cash Flow$2.46 per share

Price / Cash Flow6.20

Book Value$20.46 per share

Price / Book0.74

Profitability

EPS (Most Recent Fiscal Year)$2.01

Net Income$33.88 million

Net Margins26.37%

Return on Equity9.91%

Return on Assets1.37%

Miscellaneous

Employees432

Outstanding Shares16,040,000

Market Cap$244.45 million

Next Earnings Date7/24/2020 (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 COVID-19 reached pandemic status according to the World Health Organization. Since then, CIVB stock has decreased by 0.8% and is now trading at $15.24. 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, July 24th 2020. View our earnings forecast for Civista Bancshares.

How were Civista Bancshares' earnings last quarter?

Civista Bancshares Inc (NASDAQ:CIVB) posted its quarterly earnings data on Friday, April, 24th. The bank reported $0.47 EPS for the quarter, meeting analysts' consensus estimates of $0.47. The bank earned $28.99 million during the quarter, compared to analysts' expectations of $28.25 million. Civista Bancshares had a return on equity of 9.91% and a net margin of 26.37%. 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 Tuesday, April 14th. Stockholders of record on Tuesday, April 21st will be given a dividend of $0.11 per share on Friday, May 1st. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date of this dividend is Monday, April 20th. View Civista Bancshares' dividend history.

What price target have analysts set for CIVB?

3 Wall Street analysts have issued 1-year price objectives for Civista Bancshares' stock. 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 42.2% from the stock's current price. View analysts' price targets for Civista Bancshares.

Has Civista Bancshares been receiving favorable news coverage?

News headlines about CIVB stock have trended negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press 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 five, with scores closest to five being the most favorable. Civista Bancshares earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned headlines about the bank a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View the latest news aboutCivista Bancshares.

Who are some of Civista Bancshares' key competitors?

Some companies that are related to Civista Bancshares include Southside Bancshares (SBSI), Veritex (VBTX), S & T Bancorp (STBA), 1st Source (SRCE), TriCo Bancshares (TCBK), Oritani Financial (ORIT), German American Bancorp. (GABC), Carolina Financial (CARO), Great Western Bancorp (GWB), FB Financial (FBK), Enterprise Financial Services (EFSC), Stock Yards Bancorp (SYBT), First Bancorp (FBNC), Republic Bancorp, Inc. KY (RBCAA) and First Foundation (FFWM). 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 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (6.54%), Wellington Management Group LLP (3.01%), Castine Capital Management LLC (2.28%), Beese Fulmer Investment Management Inc. (1.66%), State Street Corp (1.62%) and BHZ Capital Management LP (1.42%). 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 Castine Capital Management LLC, BHZ Capital Management LP, Mackay Shields LLC, Wellington Management Group LLP, Grantham Mayo Van Otterloo & Co. LLC, Wells Fargo & Company MN, Two Sigma Investments LP, and State Street Corp. 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 BlackRock Inc., Bowling Portfolio Management LLC, Alliancebernstein L.P., Nuveen Asset Management LLC, JPMorgan Chase & Co., Geode Capital Management LLC, Bailard Inc., and New York State Common Retirement Fund. Company insiders that have bought Civista Bancshares stock in the last two years include Allen R Nickles, Charles A Parcher, Gerald B Wurm, Harry Singer, and Lance A Morrison. 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 $15.24.

How big of a company is Civista Bancshares?

Civista Bancshares has a market capitalization of $244.45 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.

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 5/30/2020 by MarketBeat.com Staff