TriCo Bancshares (TCBK) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TriCo Bancshares in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TCBK shares.
View TCBK analyst ratings or view top-rated stocks.

3 brokers have issued 12-month target prices for TriCo Bancshares' stock. Their TCBK share price forecasts range from $40.00 to $62.00. On average, they expect the company's share price to reach $51.20 in the next year. This suggests a possible upside of 40.0% 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 start of the year. Since then, TCBK shares have decreased by 28.3% and is now trading at $36.58.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our TCBK earnings forecast.

TriCo Bancshares (NASDAQ:TCBK) announced its earnings results on Monday, October, 25th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.93 by $0.01. The financial services provider had revenue of $83.33 million for the quarter, compared to analyst estimates of $82.55 million. TriCo Bancshares had a net margin of 31.25% and a trailing twelve-month return on equity of 13.52%.

TriCo Bancshares declared a quarterly dividend on Thursday, May 18th. Shareholders of record on Friday, June 9th will be given a dividend of $0.30 per share on Friday, June 23rd. This represents a $1.20 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Thursday, June 8th.
Read our dividend analysis for TCBK.

ETFs with the largest weight of TriCo Bancshares (NASDAQ:TCBK) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), iShares US Small Cap Value Factor ETF (SVAL), VictoryShares US Small Cap Volatility Wtd (CSA), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), IQ Chaikin U.S. Small Cap ETF (CSML),

TriCo Bancshares (NASDAQ:TCBK) pays an annual dividend of $1.20 per share and currently has a dividend yield of 3.69%. 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 28.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCBK will have a dividend payout ratio of 32.88% 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 number of retail and institutional investors. Top institutional shareholders include FMR LLC (9.01%), BlackRock Inc. (6.95%), Franklin Resources Inc. (3.97%), Dimensional Fund Advisors LP (3.85%), Davis Asset Management L.P. (3.08%) and State Street Corp (2.61%). Insiders that own company stock include Anthony L Leggio, Cory W Giese, Michael W Koehnen and Richard P Smith.
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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 $36.58.

TriCo Bancshares (NASDAQ:TCBK) has a market capitalization of $1.21 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 $4.21 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.