TriCo Bancshares (TCBK) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TriCo Bancshares in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TCBK shares.
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4 equities research analysts have issued 12-month price objectives for TriCo Bancshares' shares. Their TCBK share price forecasts range from $42.00 to $62.00. On average, they anticipate the company's stock price to reach $51.00 in the next twelve months. This suggests a possible upside of 62.4% from the stock's current price.
View analysts price targets for TCBK or view top-rated stocks among Wall Street analysts.

TriCo Bancshares' stock was trading at $50.99 at the beginning of 2023. Since then, TCBK stock has decreased by 38.4% and is now trading at $31.40.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our TCBK earnings forecast.

TriCo Bancshares (NASDAQ:TCBK) released its earnings results on Wednesday, July, 26th. The financial services provider reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by $0.22. The financial services provider had revenue of $104.34 million for the quarter, compared to analysts' expectations of $106.15 million. TriCo Bancshares had a trailing twelve-month return on equity of 12.74% and a net margin of 28.58%.

TriCo Bancshares announced a quarterly dividend on Thursday, August 24th. Stockholders of record on Friday, September 8th will be given a dividend of $0.30 per share on Friday, September 22nd. This represents a $1.20 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date is Thursday, September 7th.
Read our dividend analysis for TCBK.

First Trust NASDAQ ABA Community Bank Index Fund holds 12,874 shares of TCBK stock, representing 0.66% of its portfolio.

TriCo Bancshares (NASDAQ:TCBK) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.76%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 29.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCBK will have a dividend payout ratio of 35.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TCBK.

45 employees have rated TriCo Bancshares Chief Executive Officer Richard P. Smith on Glassdoor.com. Richard P. Smith has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other TriCo Bancshares investors own include Boston Private Financial (BPFH), Synchronoss Technologies (SNCR), Boyd Gaming (BYD), Hurco Companies (HURC), KeyCorp (KEY), KKR & Co. Inc. (KKR), Main Street Capital (MAIN), Melinta Therapeutics (MLNT), Pfizer (PFE) and S&T Bancorp (STBA).

TriCo Bancshares trades on the NASDAQ under the ticker symbol "TCBK."

TriCo Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.02%), Franklin Resources Inc. (4.33%), Dimensional Fund Advisors LP (3.92%), Alliancebernstein L.P. (2.83%), State Street Corp (2.62%) and The Manufacturers Life Insurance Company (2.38%). Insiders that own company stock include Anthony L Leggio, Cory W Giese and Michael W Koehnen.
View institutional ownership trends.

Shares of TCBK 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 TCBK stock can currently be purchased for approximately $31.40.

TriCo Bancshares (NASDAQ:TCBK) has a market capitalization of $1.04 billion and generates $418.55 million in revenue each year. The financial services provider earns $125.42 million in net income (profit) each year or $4.03 on an earnings per share basis.

The company employs 1,231 workers across the globe.

TriCo Bancshares' mailing address is 63 CONSTITUTION DRIVE, CHICO CA, 95973. The official website for the company is www.tcbk.com. The financial services provider can be reached via phone at (530) 898-0300, via email at clientservices@investordelivery.com, or via fax at 530-898-0310.