NASDAQ:CVCYCentral Valley Community Bancorp Stock Price, Forecast & News

$14.12

-0.13 (-0.91 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$14.08

Now: $14.12▼

$14.63

50-Day Range

$11.71

MA: $13.60▼

$16.19

52-Week Range

$10.59

Now: $14.12▼

$22.15

Volume12,700 shs

Average Volume32,728 shs

Market Capitalization$176.15 million

P/E Ratio8.16

Dividend Yield3.12%

Beta0.78

Central Valley Community Bancorp operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in the central valley area of California. The company accepts deposit products, such as savings, NOW, and money market accounts, as well as time certificates of deposit; and non-interest bearing demand deposits. Its loan products include commercial and industrial loans, as well as loans secured by crop production and livestock; owner occupied and investor commercial real estate, real estate construction and other land, agricultural real estate, and other real estate loans; and equity loans and lines of credit, and installment and other consumer loans. The company also offers domestic and international wire transfer, safe deposit box, Internet banking, and other customary banking services. As of December 31, 2018, the company operated 21 full-service banking offices in Cameron Park, Clovis, Exeter, Fair Oaks, Folsom, Fresno, Kerman, Lodi, Madera, Merced, Modesto, Oakhurst, Prather, Rancho Cordova, Roseville, Sacramento, Stockton, and Visalia. Central Valley Community Bancorp was founded in 1979 and is based in Fresno, California.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Central Valley Community Bancorp has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.00, Central Valley Community Bancorp has a potential upside of 70.0% from its current price of $14.12.
Amount of Analyst Coverage
Central Valley Community Bancorp has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Central Valley Community Bancorp has received 212 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Central Valley Community Bancorp has received 290 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Central Valley Community Bancorp has received 57.77% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Central Valley Community Bancorp and other stocks. Vote “Outperform” if you believe CVCY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CVCY will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Central Valley Community Bancorp is a leading dividend payer. It pays a dividend yield of 3.12%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Central Valley Community Bancorp has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Central Valley Community Bancorp is 27.67 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Central Valley Community Bancorp will have a dividend payout ratio of 42.72 % next year. This indicates that Central Valley Community Bancorp will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Central Valley Community Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $26,298.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 16.06% of the stock of Central Valley Community Bancorp is held by insiders.
Percentage Held by Institutions
45.19% of the stock of Central Valley Community Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Central Valley Community Bancorp are expected to decrease by -30.41% in the coming year, from $1.48 to $1.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Central Valley Community Bancorp is 8.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Central Valley Community Bancorp is 8.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.56.
Price to Book Value per Share Ratio
Central Valley Community Bancorp has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.91 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:CVCY

Previous Symbol

CUSIPN/A

CIK1127371

Webwww.cvcb.com

Phone559-298-1775

Debt

Debt-to-Equity Ratio0.02

Current Ratio0.71

Quick Ratio0.71

Price-To-Earnings

Trailing P/E Ratio8.16

Forward P/E Ratio9.54

P/E GrowthN/A

Sales & Book Value

Annual Sales$79.64 million

Price / Sales2.21

Cash Flow$2.01 per share

Price / Cash Flow7.01

Book Value$17.28 per share

Price / Book0.82

Profitability

EPS (Most Recent Fiscal Year)$1.59

Net Income$21.44 million

Net Margins27.39%

Return on Equity10.02%

Return on Assets1.43%

Miscellaneous

Employees293

Outstanding Shares12,475,000

Market Cap$176.15 million

Next Earnings Date7/15/2020 (Estimated)

OptionableOptionable

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Central Valley Community Bancorp (NASDAQ:CVCY) Frequently Asked Questions

How has Central Valley Community Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Central Valley Community Bancorp's stock was trading at $13.95 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CVCY stock has increased by 1.2% and is now trading at $14.12. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Central Valley Community Bancorp?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Central Valley Community Bancorp in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Central Valley Community Bancorp.

When is Central Valley Community Bancorp's next earnings date?

Central Valley Community Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 15th 2020. View our earnings forecast for Central Valley Community Bancorp.

How were Central Valley Community Bancorp's earnings last quarter?

Central Valley Community Bancorp (NASDAQ:CVCY) announced its quarterly earnings data on Wednesday, April, 15th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.20. The financial services provider had revenue of $22.57 million for the quarter, compared to analyst estimates of $17.27 million. Central Valley Community Bancorp had a net margin of 27.39% and a return on equity of 10.02%. View Central Valley Community Bancorp's earnings history.

How often does Central Valley Community Bancorp pay dividends? What is the dividend yield for Central Valley Community Bancorp?

Central Valley Community Bancorp declared a quarterly dividend on Thursday, April 16th. Stockholders of record on Friday, May 1st will be given a dividend of $0.11 per share on Friday, May 15th. This represents a $0.44 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend is Thursday, April 30th. View Central Valley Community Bancorp's dividend history.

What price target have analysts set for CVCY?

4 analysts have issued 1-year price targets for Central Valley Community Bancorp's stock. Their forecasts range from $24.00 to $24.00. On average, they anticipate Central Valley Community Bancorp's share price to reach $24.00 in the next year. This suggests a possible upside of 70.0% from the stock's current price. View analysts' price targets for Central Valley Community Bancorp.

Has Central Valley Community Bancorp been receiving favorable news coverage?

News articles about CVCY stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Central Valley Community Bancorp earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutCentral Valley Community Bancorp.

Are investors shorting Central Valley Community Bancorp?

Central Valley Community Bancorp saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 52,900 shares, an increase of 47.8% from the April 30th total of 35,800 shares. Based on an average daily trading volume, of 34,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.5% of the shares of the company are sold short. View Central Valley Community Bancorp's Current Options Chain.

Who are some of Central Valley Community Bancorp's key competitors?

Some companies that are related to Central Valley Community Bancorp include Republic Bancorp, Inc. KY (RBCAA), OFG Bancorp (OFG), First National Bank Alaska (FBAK), First Foundation (FFWM), TrustCo Bank Corp NY (TRST), Triumph Bancorp (TBK), Community Trust Bancorp (CTBI), ConnectOne Bancorp (CNOB), Great Southern Bancorp (GSBC), Preferred Bank (PFBC), Live Oak Bancshares (LOB), HomeStreet (HMST), Lakeland Bancorp (LBAI), Boston Private Financial (BPFH) and Washington Trust Bancorp (WASH). View all competitors.

What other stocks do shareholders of Central Valley Community Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Central Valley Community Bancorp investors own include Energy Transfer LP Unit (ET), Ford Motor (F), Pfizer (PFE), AT&T (T), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM) and Garrison Capital (GARS).

Who are Central Valley Community Bancorp's key executives?

Central Valley Community Bancorp's management team includes the following people:

Mr. James Michael Ford, Pres, CEO & Director (Age 61)
Mr. David A. Kinross, Exec. VP & CFO (Age 55)
Mr. Patrick J. Carman, Exec. VP & Chief Credit Officer (Age 69)
Mr. Steven D. McDonald, Sec. & Director (Age 69)
Le-Ann Ruiz, Assistant Corp. Sec.

What is Central Valley Community Bancorp's stock symbol?

Central Valley Community Bancorp trades on the NASDAQ under the ticker symbol "CVCY."

Who are Central Valley Community Bancorp's major shareholders?

Central Valley Community Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.55%), Wellington Management Group LLP (2.48%), BHZ Capital Management LP (1.66%), Dalton Greiner Hartman Maher & Co. (1.61%), State Street Corp (1.66%) and Geode Capital Management LLC (1.35%). Company insiders that own Central Valley Community Bancorp stock include David A Kinross, James J Kim, James M Ford and Robert J Flautt. View institutional ownership trends for Central Valley Community Bancorp.

Which major investors are selling Central Valley Community Bancorp stock?

CVCY stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlackRock Inc., Morgan Stanley, Systematic Financial Management LP, State Street Corp, Invesco Ltd., UBS Group AG, and Bank of New York Mellon Corp. View insider buying and selling activity for Central Valley Community Bancorp.

Which major investors are buying Central Valley Community Bancorp stock?

CVCY stock was acquired by a variety of institutional investors in the last quarter, including BHZ Capital Management LP, Ford Financial Group LLC, Dalton Greiner Hartman Maher & Co., Russell Investments Group Ltd., Martingale Asset Management L P, Geode Capital Management LLC, Bessemer Group Inc., and Rhumbline Advisers. Company insiders that have bought Central Valley Community Bancorp stock in the last two years include David A Kinross, James J Kim, and James M Ford. View insider buying and selling activity for Central Valley Community Bancorp.

How do I buy shares of Central Valley Community Bancorp?

Shares of CVCY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Central Valley Community Bancorp's stock price today?

One share of CVCY stock can currently be purchased for approximately $14.12.

How big of a company is Central Valley Community Bancorp?

Central Valley Community Bancorp has a market capitalization of $176.15 million and generates $79.64 million in revenue each year. The financial services provider earns $21.44 million in net income (profit) each year or $1.59 on an earnings per share basis. Central Valley Community Bancorp employs 293 workers across the globe.

What is Central Valley Community Bancorp's official website?

The official website for Central Valley Community Bancorp is www.cvcb.com.

How can I contact Central Valley Community Bancorp?

Central Valley Community Bancorp's mailing address is 7100 N. Financial Dr Suite 101, FRESNO CA, 93720. The financial services provider can be reached via phone at 559-298-1775 or via email at [email protected]

This page was last updated on 6/3/2020 by MarketBeat.com Staff