NASDAQ:COFS ChoiceOne Financial Services (COFS) Stock Forecast, Price & News $20.70 -0.26 (-1.24%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$20.33▼$21.0050-Day Range$20.67▼$26.3552-Week Range$19.20▼$29.99Volume9,874 shsAverage Volume8,863 shsMarket Capitalization$155.66 millionP/E Ratio6.55Dividend Yield5.02%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media ChoiceOne Financial Services MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.55% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.64Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.58 out of 5 starsFinance Sector383rd out of 905 stocksState Commercial Banks Industry121st out of 192 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for ChoiceOne Financial Services. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.55% of the float of ChoiceOne Financial Services has been sold short.Short Interest Ratio / Days to CoverChoiceOne Financial Services has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in ChoiceOne Financial Services has recently decreased by 6.80%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipChoiceOne Financial Services is a leading dividend payer. It pays a dividend yield of 4.96%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthChoiceOne Financial Services has been increasing its dividend for 11 years.Dividend CoverageThe dividend payout ratio of ChoiceOne Financial Services is 32.91%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for COFS. Previous Next 2.6 News and Social Media Coverage News SentimentChoiceOne Financial Services has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for ChoiceOne Financial Services this week, compared to 1 article on an average week.MarketBeat Follows2 people have added ChoiceOne Financial Services to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ChoiceOne Financial Services insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.33% of the stock of ChoiceOne Financial Services is held by insiders.Percentage Held by InstitutionsOnly 11.29% of the stock of ChoiceOne Financial Services is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of ChoiceOne Financial Services is 6.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.56.Price to Earnings Ratio vs. SectorThe P/E ratio of ChoiceOne Financial Services is 6.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.26.Price to Book Value per Share RatioChoiceOne Financial Services has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About ChoiceOne Financial Services (NASDAQ:COFS) StockChoiceOne Financial Services, Inc. is a holding company, which engages in the provision of a variety of deposit, payment, credit, and other financial services to all types of customers, through its subsidiary, ChoiceOne Bank. The firm offers time, savings, and demand deposits, safe deposit services, and automated transaction machine services. It also provides commercial and consumer loans. The company was founded on February 24, 1986 and is headquartered in Sparta, MI.Read More Receive COFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ChoiceOne Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address COFS Stock News HeadlinesMay 28, 2023 | finance.yahoo.comChoiceOne Financial Services (NASDAQ:COFS) Has Announced That It Will Be Increasing Its Dividend To $0.26May 26, 2023 | msn.comChoiceone Financial Services (COFS) Declares $0.26 DividendMay 30, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 26, 2023 | americanbankingnews.comChoiceOne Financial Services, Inc. (NASDAQ:COFS) Plans $0.26 Quarterly DividendMay 19, 2023 | finance.yahoo.comChoiceOne Bank Announces Industry-Leading Technology Advanced Treasury Services for Business CustomersMay 18, 2023 | finance.yahoo.comThe past three years for ChoiceOne Financial Services (NASDAQ:COFS) investors has not been profitableApril 29, 2023 | americanbankingnews.comChoiceOne Financial Services (NASDAQ:COFS) & Veritex (NASDAQ:VBTX) Head-To-Head ContrastApril 27, 2023 | finanznachrichten.deChoiceOne Financial Services, Inc.: ChoiceOne Financial Reports First Quarter 2023 ResultsMay 30, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.April 26, 2023 | msn.comChoiceOne Financial Services GAAP EPS of $0.75, revenue of $20.68MMarch 9, 2023 | finance.yahoo.comIs It Smart To Buy ChoiceOne Financial Services, Inc. (NASDAQ:COFS) Before It Goes Ex-Dividend?February 22, 2023 | msn.comChoiceOne Financial Services declares $0.26 dividendFebruary 22, 2023 | finance.yahoo.comChoiceOne Financial Announces Cash DividendsJanuary 27, 2023 | finance.yahoo.comChoiceOne Bank Kicks Off Annual Scholarship ProgramJanuary 27, 2023 | finance.yahoo.comDo ChoiceOne Financial Services' (NASDAQ:COFS) Earnings Warrant Your Attention?January 25, 2023 | msn.comChoiceOne Financial Services GAAP EPS of $0.89, revenue of $21.11MJanuary 25, 2023 | finance.yahoo.comChoiceOne Financial Reports Fourth Quarter and Year End 2022 ResultsJanuary 23, 2023 | finance.yahoo.comChoiceOne Bank Enhances Digital Security Moving to ".BANK" DomainJanuary 17, 2023 | finance.yahoo.comChoiceOne Bank Commemorates Quasquicentennial Anniversary in 2023January 9, 2023 | finance.yahoo.comChoiceOne Bank Welcomes David Huisman Promotes Josh Hucul, Jamie Sheffer, Britney HerrygersDecember 29, 2022 | finance.yahoo.comChoiceOne Bank Employees Close 2022 with Multiple Community DonationsDecember 5, 2022 | yahoo.comChoiceOne Financial Services (NASDAQ:COFS) Is Increasing Its Dividend To $0.26November 30, 2022 | finance.yahoo.comChoiceOne Financial Announces 4% increase in Cash DividendOctober 26, 2022 | finance.yahoo.comChoiceOne Financial Reports Third Quarter 2022 ResultsSeptember 22, 2022 | finance.yahoo.comPatrick Cronin Retires from ChoiceOne Holding Company and Bank Boards of DirectorsSeptember 10, 2022 | finance.yahoo.comThere's A Lot To Like About ChoiceOne Financial Services' (NASDAQ:COFS) Upcoming US$0.25 DividendAugust 28, 2022 | finance.yahoo.comChoiceOne Financial Services' (NASDAQ:COFS) Dividend Will Be $0.25See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive COFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ChoiceOne Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address COFS Company Calendar Ex-Dividend for 3/31 Dividend3/14/2023Dividend Payable3/31/2023Last Earnings4/26/2023Today5/30/2023Ex-Dividend for 6/30 Dividend6/14/2023Dividend Payable6/30/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:COFS CUSIPN/A CIK803164 Webwww.choiceone.com Phone(616) 887-7366FaxN/AEmployees320Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$3.16 Trailing P/E Ratio6.65 Forward P/E RatioN/A P/E GrowthN/ANet Income$23.64 million Net Margins25.57% Pretax Margin29.98% Return on Equity14.38% Return on Assets1.00% Debt Debt-to-Equity Ratio0.71 Current Ratio0.60 Quick Ratio0.59 Sales & Book Value Annual Sales$89.13 million Price / Sales1.77 Cash Flow$4.93 per share Price / Cash Flow4.26 Book Value$22.47 per share Price / Book0.93Miscellaneous Outstanding Shares7,520,000Free Float6,895,000Market Cap$157.92 million OptionableNot Optionable Beta0.34 Key ExecutivesKelly J. PotesChief Executive Officer & DirectorMichael J. BurkePresident & DirectorAdom J. GreenlandChief Financial Officer, Secretary & TreasurerShelly M. ChildersChief Information Officer & Senior Vice PresidentDavid HuismanVice President-Commercial LoanKey CompetitorsChemung FinancialNASDAQ:CHMGCommunity FinancialNASDAQ:TCFCColony BankcorpNASDAQ:CBANMainStreet BancsharesNASDAQ:MNSBPenns Woods BancorpNASDAQ:PWODView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 5,098 shares on 5/18/2023Ownership: 0.068%Fourthstone LLCSold 27,313 shares on 5/16/2023Ownership: 2.182%Geode Capital Management LLCBought 901 shares on 5/16/2023Ownership: 0.776%Susquehanna International Group LLPBought 22,766 shares on 5/16/2023Ownership: 0.521%Jane Street Group LLCBought 15,462 shares on 5/16/2023Ownership: 0.206%View All Institutional Transactions COFS Stock - Frequently Asked Questions How have COFS shares performed in 2023? ChoiceOne Financial Services' stock was trading at $29.00 on January 1st, 2023. Since then, COFS shares have decreased by 27.6% and is now trading at $21.00. View the best growth stocks for 2023 here. Are investors shorting ChoiceOne Financial Services? ChoiceOne Financial Services saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 37,000 shares, a decrease of 6.8% from the April 30th total of 39,700 shares. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is currently 3.9 days. Approximately 0.6% of the company's stock are sold short. 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, July 26th 2023. View our COFS earnings forecast. How were ChoiceOne Financial Services' earnings last quarter? ChoiceOne Financial Services, Inc. (NASDAQ:COFS) released its quarterly earnings data on Wednesday, April, 26th. The company reported $0.75 EPS for the quarter. The company earned $20.68 million during the quarter. ChoiceOne Financial Services had a net margin of 25.57% and a trailing twelve-month return on equity of 14.38%. How often does ChoiceOne Financial Services pay dividends? What is the dividend yield for ChoiceOne Financial Services? ChoiceOne Financial Services announced a quarterly dividend on Wednesday, May 24th. Investors of record on Thursday, June 15th will be paid a dividend of $0.26 per share on Friday, June 30th. This represents a $1.04 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date is Wednesday, June 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 $1.04 per share and currently has a dividend yield of 4.96%. 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 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 32.91%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for COFS. What is ChoiceOne Financial Services' stock symbol? ChoiceOne Financial Services trades on the NASDAQ under the ticker symbol "COFS." Who are ChoiceOne Financial Services' major shareholders? ChoiceOne Financial Services' stock is owned by many different institutional and retail investors. Top institutional shareholders include Fourthstone LLC (2.18%), Geode Capital Management LLC (0.78%), Susquehanna International Group LLP (0.52%), BlackRock Inc. (0.46%), Renaissance Technologies LLC (0.21%) and Jane Street Group LLC (0.21%). Insiders that own company stock include Adom Greenland and Paul L Johnson. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is ChoiceOne Financial Services' stock price today? One share of COFS stock can currently be purchased for approximately $21.00. How much money does ChoiceOne Financial Services make? ChoiceOne Financial Services (NASDAQ:COFS) has a market capitalization of $157.92 million and generates $89.13 million in revenue each year. The company earns $23.64 million in net income (profit) each year or $3.16 on an earnings per share basis. How many employees does ChoiceOne Financial Services have? The company employs 320 workers across the globe. How can I contact ChoiceOne Financial Services? ChoiceOne Financial Services' mailing address is 109 E DIVISION P O BOX 186, SPARTA MI, 49345. The official website for the company is www.choiceone.com. The company can be reached via phone at (616) 887-7366 or via email at tlampen@choiceone.com. This page (NASDAQ:COFS) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ChoiceOne Financial Services, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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