CVB Financial - CVBF Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CVB Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research 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.

1 analysts have issued 12-month price targets for CVB Financial's stock. Their CVBF share price forecasts range from $26.00 to $32.00. On average, they predict the company's stock price to reach $29.00 in the next year. This suggests a possible upside of 21.2% 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 on January 1st, 2023. Since then, CVBF shares have decreased by 7.1% and is now trading at $23.93.
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CVB Financial saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,390,000 shares, a drop of 28.8% from the December 31st total of 4,760,000 shares. Based on an average daily trading volume, of 679,900 shares, the short-interest ratio is currently 5.0 days.
View CVB Financial's Short Interest.

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

CVB Financial Corp. (NASDAQ:CVBF) issued its quarterly earnings data on Wednesday, January, 25th. The financial services provider reported $0.47 earnings per share for the quarter, meeting the consensus estimate of $0.47. The financial services provider earned $149.86 million during the quarter, compared to analysts' expectations of $147.82 million. CVB Financial had a trailing twelve-month return on equity of 11.94% and a net margin of 41.69%. The company's revenue was up 30.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.35 earnings per share.

CVB Financial announced a quarterly dividend on Wednesday, December 14th. Stockholders of record on Thursday, December 29th will be given a dividend of $0.20 per share on Friday, January 13th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date of this dividend is Wednesday, December 28th.
Read our dividend analysis for CVBF.

CVB Financial (NASDAQ:CVBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.34%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVBF will have a dividend payout ratio of 40.40% 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 investors include Allspring Global Investments Holdings LLC (0.53%), LifeSteps Financial Inc. (0.12%), State of Alaska Department of Revenue (0.07%), Mason & Associates Inc (0.06%), Yousif Capital Management LLC (0.06%) and Comerica Bank (0.05%). Insiders that own company stock include Anna Kan, David F Farnsworth, Francene Lapoint and Kristina M Leslie.
View institutional ownership trends.

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 $23.93.

CVB Financial (NASDAQ:CVBF) has a market capitalization of $3.35 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 $1.66 on an earnings per share basis.

The company employs 1,015 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.