TriCo Bancshares - TCBK Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriCo Bancshares in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TCBK shares.
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4 analysts have issued 1-year target prices for TriCo Bancshares' stock. Their TCBK share price forecasts range from $49.00 to $67.00. On average, they predict the company's stock price to reach $57.40 in the next twelve months. This suggests a possible upside of 40.5% 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 on January 1st, 2023. Since then, TCBK stock has decreased by 19.9% and is now trading at $40.86.
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TriCo Bancshares saw a increase in short interest in March. As of March 15th, there was short interest totaling 649,300 shares, an increase of 25.2% from the February 28th total of 518,700 shares. Based on an average daily trading volume, of 87,800 shares, the days-to-cover ratio is currently 7.4 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our TCBK earnings forecast.

TriCo Bancshares (NASDAQ:TCBK) announced its quarterly earnings data 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 the consensus estimate of $82.55 million. TriCo Bancshares had a trailing twelve-month return on equity of 11.98% and a net margin of 29.97%.

TriCo Bancshares announced a quarterly dividend on Monday, March 6th. Investors of record on Friday, March 17th will be paid a dividend of $0.30 per share on Friday, March 24th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend is Thursday, March 16th.
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), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), VictoryShares US Small Cap Volatility Wtd ETF (CSA), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), Timothy Plan US Small Cap Core ETF (TPSC) and 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 2.81%. 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 31.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TCBK will have a dividend payout ratio of 26.61% 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 investors include Dimensional Fund Advisors LP (3.85%), Franklin Resources Inc. (3.42%), Alliancebernstein L.P. (2.82%), The Manufacturers Life Insurance Company (2.58%), Geode Capital Management LLC (1.88%) and JPMorgan Chase & Co. (1.05%). Insiders that own company stock include Anthony L Leggio, Cory W Giese 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 $40.86.

TriCo Bancshares (NASDAQ:TCBK) has a market capitalization of $1.36 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 $3.81 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.