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

Company Overview

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.

Key Stats

• Today's Range: $30.59 to $31.04
• 50-Day Range: $28.46 to $31.17
• 52-Week Range: $24.89 to $38.15
• Volume: 43,370 shs
• Average Volume: 62,780 shs
• Market Capitalization: $463.52 million
• P/E Ratio: 24.49
• Dividend Yield: 3.63%
• Price Target: $37.00
• Consensus Rating: Moderate Buy

ChoiceOne Financial Services Stock Analysis - MarketRank™

ChoiceOne Financial Services scored higher than 70% of companies evaluated by MarketBeat, and ranked 437th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ChoiceOne Financial Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

ChoiceOne Financial Services has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.90%

Earnings Growth

Earnings for ChoiceOne Financial Services are expected to grow by 4.90% in the coming year, from $3.67 to $3.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ChoiceOne Financial Services is 24.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of ChoiceOne Financial Services is 24.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 228.46.

Price to Book Value per Share Ratio

ChoiceOne Financial Services has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.55% of the float of ChoiceOne Financial Services has been sold short.

Short Interest Ratio / Days to Cover

ChoiceOne Financial Services has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ChoiceOne Financial Services has recently decreased by 8.13%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

ChoiceOne Financial Services is a leading dividend payer. It pays a dividend yield of 3.63%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

ChoiceOne Financial Services has been increasing its dividend for 13 years.

Dividend Coverage

The dividend payout ratio of ChoiceOne Financial Services is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, ChoiceOne Financial Services will have a dividend payout ratio of 29.09% next year. This indicates that ChoiceOne Financial Services will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.55% of the float of ChoiceOne Financial Services has been sold short.

Short Interest Ratio / Days to Cover

ChoiceOne Financial Services has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ChoiceOne Financial Services has recently decreased by 8.13%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.99

News Sentiment

ChoiceOne Financial Services has a news sentiment score of 0.99. 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 is a lower news sentiment than the 1.23 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for ChoiceOne Financial Services this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ChoiceOne Financial Services insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 5.93% of the stock of ChoiceOne Financial Services is held by insiders.

Percentage Held by Institutions

Only 19.90% of the stock of ChoiceOne Financial Services is held by institutions.

COFS Stock Analysis - Frequently Asked Questions

How have COFS shares performed this year?

ChoiceOne Financial Services' stock was trading at $35.64 at the beginning of 2025. Since then, COFS shares have decreased by 13.4% and is now trading at $30.86.

How were ChoiceOne Financial Services' earnings last quarter?

ChoiceOne Financial Services, Inc. (NASDAQ:COFS) posted its earnings results on Friday, July, 25th. The company reported $0.91 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.11. The business earned $42.83 million during the quarter, compared to the consensus estimate of $38.95 million. ChoiceOne Financial Services had a net margin of 7.95% and a trailing twelve-month return on equity of 11.26%.

Who are ChoiceOne Financial Services' major shareholders?

ChoiceOne Financial Services' top institutional investors include Fourthstone LLC (7.61%), Geode Capital Management LLC (2.16%), The Manufacturers Life Insurance Company (1.51%) and ProShare Advisors LLC (1.39%). Insiders that own company stock include Greg L Armock, Curt E Coulter, Michelle M Wendling, Kelly Potes and Michael J Burke Jr.
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.

What other stocks do shareholders of ChoiceOne Financial Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ChoiceOne Financial Services investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Broadcom (AVGO), Palo Alto Networks (PANW) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Record date for 6/30 Dividend: 6/13/2025
• Ex-Dividend for 6/30 Dividend: 6/13/2025
• Dividend Payable: 6/30/2025
• Last Earnings: 7/25/2025
• Today: 9/01/2025
• Record date for 9/30 Dividend: 9/15/2025
• Ex-Dividend for 9/30 Dividend: 9/15/2025
• Dividend Payable: 9/30/2025
• Next Earnings (Estimated): 10/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - MISC SVCS
• Sub-Industry: Banking
• Current Symbol: NASDAQ:COFS
• CIK: 803164
• Web: www.choiceone.com
• Phone: (616) 887-7366
• Fax: N/A
• Employees: 380
• Year Founded: N/A

Price Target and Rating

• Average Price Target for ChoiceOne Financial Services: $37.00
• High Price Target: $39.00
• Low Price Target: $35.00
• Potential Upside/Downside: +19.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.26
• Trailing P/E Ratio: 24.49
• Forward P/E Ratio: 8.41
• P/E Growth: N/A
• Net Income: $26.73 million
• Net Margins: 7.95%
• Pretax Margin: 9.64%
• Return on Equity: 11.26%
• Return on Assets: 1.09%

Debt

• Debt-to-Equity Ratio: 0.57
• Current Ratio: 0.85
• Quick Ratio: 0.85

Sales & Book Value

• Annual Sales: $139.10 million
• Price / Sales: 3.33
• Cash Flow: $4.47 per share
• Price / Cash Flow: 6.91
• Book Value: $29.05 per share
• Price / Book: 1.06

Miscellaneous

• Outstanding Shares: 15,020,000
• Free Float: 14,125,000
• Market Cap: $463.52 million
• Optionable: Not Optionable
• Beta: 0.59