CVB Financial (CVBF) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVB Financial in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CVBF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVBF, but not buy additional shares or sell existing shares.
View CVBF analyst ratings or view top-rated stocks.

3 analysts have issued 1-year price objectives for CVB Financial's stock. Their CVBF share price forecasts range from $18.00 to $26.00. On average, they expect the company's stock price to reach $22.00 in the next year. This suggests a possible upside of 74.6% from the stock's current price.
View analysts price targets for CVBF or view top-rated stocks among Wall Street analysts.

CVB Financial's stock was trading at $25.75 at the start of the year. Since then, CVBF stock has decreased by 51.1% and is now trading at $12.60.
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CVB Financial saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,970,000 shares, an increase of 8.1% from the April 30th total of 9,220,000 shares. Based on an average trading volume of 1,520,000 shares, the short-interest ratio is presently 6.6 days. Approximately 7.6% of the company's shares are sold short.
View CVB Financial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our CVBF earnings forecast.

CVB Financial Corp. (NASDAQ:CVBF) announced its earnings results on Wednesday, April, 26th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by $0.03. The financial services provider had revenue of $138.93 million for the quarter, compared to analyst estimates of $143.35 million. CVB Financial had a trailing twelve-month return on equity of 12.78% and a net margin of 41.85%. The business's revenue was up 11.9% compared to the same quarter last year. During the same period last year, the firm posted $0.31 EPS.

CVB Financial declared a quarterly dividend on Wednesday, March 22nd. Investors of record on Wednesday, April 5th will be paid a dividend of $0.20 per share on Wednesday, April 19th. This represents a $0.80 annualized dividend and a dividend yield of 6.35%. The ex-dividend date of this dividend is Tuesday, April 4th.
Read our dividend analysis for CVBF.

ETFs with the largest weight of CVB Financial (NASDAQ:CVBF) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Momentum ETF (XSMO), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and SPDR S&P Regional Banking ETF (KRE).

CVB Financial (NASDAQ:CVBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 6.35%. CVBF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVBF will have a dividend payout ratio of 48.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CVBF.

Based on aggregate information from My MarketBeat watchlists, some companies that other CVB Financial investors own include Pfizer (PFE), Bank of America (BAC), Gilead Sciences (GILD), General Motors (GM), International Business Machines (IBM), Procter & Gamble (PG), Verizon Communications (VZ), Cracker Barrel Old Country Store (CBRL), Costco Wholesale (COST) and Walt Disney (DIS).

CVB Financial trades on the NASDAQ under the ticker symbol "CVBF."

CVB Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.65%), State Street Corp (4.47%), Dimensional Fund Advisors LP (2.68%), Silvercrest Asset Management Group LLC (2.38%), Charles Schwab Investment Management Inc. (2.27%) and Geode Capital Management LLC (1.91%). Insiders that own company stock include Anna Kan, David F Farnsworth, Francene Lapoint, Jane Olvera, Kristina M Leslie and Richard H Wohl.
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Shares of CVBF 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 CVBF stock can currently be purchased for approximately $12.60.

CVB Financial (NASDAQ:CVBF) has a market capitalization of $1.76 billion and generates $564.66 million in revenue each year. The financial services provider earns $235.43 million in net income (profit) each year or $1.77 on an earnings per share basis.

The company employs 1,072 workers across the globe.

CVB Financial's mailing address is 701 N HAVEN AVE SUITE 350, ONTARIO CA, 91764. The official website for the company is www.cbbank.com. The financial services provider can be reached via phone at (909) 980-4030, via email at mldisanto@cbbank.com, or via fax at 909-481-2131.