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QQQ   431.06
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M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NASDAQ:COFS

ChoiceOne Financial Services (COFS) Stock Price, News & Analysis

$22.71
+0.52 (+2.34%)
(As of 04/15/2024 ET)
Today's Range
$22.02
$23.59
50-Day Range
$22.19
$27.52
52-Week Range
$15.84
$32.14
Volume
8,925 shs
Average Volume
14,020 shs
Market Capitalization
$171.69 million
P/E Ratio
8.05
Dividend Yield
4.76%
Price Target
$24.00

ChoiceOne Financial Services MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.7% Upside
$24.00 Price Target
Short Interest
Healthy
1.65% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.44mentions of ChoiceOne Financial Services in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.76%
From $2.90 to $2.98 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.87 out of 5 stars

Finance Sector

563rd out of 879 stocks

State Commercial Banks Industry

147th out of 179 stocks

COFS stock logo

About ChoiceOne Financial Services Stock (NASDAQ:COFS)

ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial lending products, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers alternative investment products, which include annuities and mutual funds; and sells insurance policies, such as life and health for commercial and consumer clients. Further, it provides trust and wealth management services. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.

COFS Stock Price History

COFS Stock News Headlines

Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
CHOICEONE FINANCIAL ANNOUNCES CASH DIVIDENDS
ChoiceOne Financial Services Inc.
ChoiceOne Reports Fourth Quarter 2023 Results
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
ChoiceOne Financial Services Inc COFS
ChoiceOne Reports Third Quarter 2023 Results
COFS ChoiceOne Financial Services, Inc.
ChoiceOne Reports Second Quarter 2023 Results
See More Headlines
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Company Calendar

Last Earnings
1/24/2024
Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Today
4/15/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:COFS
Fax
N/A
Employees
324
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$24.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+5.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$21.26 million
Pretax Margin
22.45%

Debt

Sales & Book Value

Annual Sales
$113.89 million
Cash Flow
$4.57 per share
Book Value
$25.93 per share

Miscellaneous

Free Float
6,930,000
Market Cap
$171.69 million
Optionable
Not Optionable
Beta
0.65
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. Kelly J. Potes CFP (Age 62)
    CEO & Director
    Comp: $555.01k
  • Mr. Michael J. Burke Jr. (Age 54)
    President & Director
    Comp: $438.06k
  • Mr. Bradley A. Henion (Age 54)
    Executive VP & Chief Lending Officer of ChoiceOne Bank
    Comp: $287.39k
  • Mr. Adom J. GreenlandMr. Adom J. Greenland (Age 43)
    CFO, Executive VP, Secretary & Treasurer
    Comp: $225.7k
  • Ms. Shelly M. Childers (Age 61)
    Senior VP & Chief Information Officer
  • Mr. Lee A. Braford (Age 63)
    Senior VP & Chief Credit Officer of ChoiceOne Bank
    Comp: $141.06k
  • Mr. Peter Batistoni (Age 58)
    Senior VP & Senior Lender of ChoiceOne Bank
  • Ms. Heather D. Brolick (Age 64)
    Senior Vice President of Human Resources of ChoiceOne Bank
  • Mr. Robert M. Jamula (Age 55)
    Senior Vice President of Wealth Management of ChoiceOne Bank

COFS Stock Analysis - Frequently Asked Questions

Should I buy or sell ChoiceOne Financial Services stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ChoiceOne Financial Services in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" COFS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COFS, but not buy additional shares or sell existing shares.
View COFS analyst ratings
or view top-rated stocks.

What is ChoiceOne Financial Services' stock price target for 2024?

1 Wall Street analysts have issued 1-year target prices for ChoiceOne Financial Services' shares. Their COFS share price targets range from $24.00 to $24.00. On average, they anticipate the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for COFS
or view top-rated stocks among Wall Street analysts.

How have COFS shares performed in 2024?

ChoiceOne Financial Services' stock was trading at $29.30 at the beginning of 2024. Since then, COFS stock has decreased by 22.5% and is now trading at $22.71.
View the best growth stocks for 2024 here
.

Are investors shorting ChoiceOne Financial Services?

ChoiceOne Financial Services saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 113,300 shares, a decrease of 7.3% from the March 15th total of 122,200 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is currently 8.4 days. Approximately 1.7% of the company's shares are short sold.
View ChoiceOne Financial Services' Short Interest
.

When is ChoiceOne Financial Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our COFS earnings forecast
.

How were ChoiceOne Financial Services' earnings last quarter?

ChoiceOne Financial Services, Inc. (NASDAQ:COFS) released its earnings results on Wednesday, January, 24th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.06. The company earned $20.60 million during the quarter, compared to the consensus estimate of $20.10 million. ChoiceOne Financial Services had a net margin of 18.67% and a trailing twelve-month return on equity of 11.73%.

How often does ChoiceOne Financial Services pay dividends? What is the dividend yield for ChoiceOne Financial Services?

ChoiceOne Financial Services declared a quarterly dividend on Wednesday, February 28th. Shareholders of record on Friday, March 15th will be paid a dividend of $0.27 per share on Friday, March 29th. This represents a $1.08 annualized dividend and a yield of 4.76%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for COFS
.

Is ChoiceOne Financial Services a good dividend stock?

ChoiceOne Financial Services (NASDAQ:COFS) pays an annual dividend of $1.08 per share and currently has a dividend yield of 4.87%. COFS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COFS will have a dividend payout ratio of 36.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COFS.

Who are ChoiceOne Financial Services' major shareholders?

ChoiceOne Financial Services' stock is owned by many different retail and institutional investors. Top institutional investors include CWM LLC (0.06%). Insiders that own company stock include Adom Greenland, Greg L Armock, Kelly Potes, Michael J Burke Jr and Paul L Johnson.
View institutional ownership trends
.

How do I buy shares of ChoiceOne Financial Services?

Shares of COFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:COFS) was last updated on 4/15/2024 by MarketBeat.com Staff

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