Community Bank System (CBU) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Community Bank System in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CBU shares.
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4 brokerages have issued 1 year target prices for Community Bank System's shares. Their CBU share price forecasts range from $50.00 to $67.00. On average, they predict the company's stock price to reach $59.00 in the next year. This suggests a possible upside of 9.2% from the stock's current price.
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Community Bank System's stock was trading at $62.95 at the beginning of the year. Since then, CBU stock has decreased by 14.1% and is now trading at $54.05.
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Community Bank System saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,660,000 shares, an increase of 26.7% from the April 30th total of 2,100,000 shares. Based on an average trading volume of 395,100 shares, the days-to-cover ratio is currently 6.7 days. Approximately 5.0% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our CBU earnings forecast.

Community Bank System, Inc. (NYSE:CBU) announced its quarterly earnings data on Tuesday, January, 24th. The bank reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.01. The bank had revenue of $187.69 million for the quarter, compared to the consensus estimate of $177.60 million. Community Bank System had a net margin of 21.64% and a trailing twelve-month return on equity of 12.33%. During the same quarter in the previous year, the company posted $0.81 EPS.

Community Bank System announced a quarterly dividend on Wednesday, May 17th. Investors of record on Thursday, June 15th will be paid a dividend of $0.44 per share on Monday, July 10th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date of this dividend is Wednesday, June 14th.
Read our dividend analysis for CBU.

ETFs with the largest weight of Community Bank System (NYSE:CBU) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), Invesco S&P SmallCap Financials ETF (PSCF), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Low Volatility ETF (XSLV), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), SPDR S&P Dividend ETF (SDY) and SPDR S&P SmallCap 600 ESG ETF (ESIX).

Community Bank System (NYSE:CBU) pays an annual dividend of $1.76 per share and currently has a dividend yield of 3.29%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 64.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBU will have a dividend payout ratio of 49.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CBU.

4 employees have rated Community Bank System Chief Executive Officer Mark E. Tryniski on Glassdoor.com. Mark E. Tryniski has an approval rating of 100% among the company's employees. This puts Mark E. Tryniski in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Community Bank System investors own include Boeing (BA), Toro (TTC), Intel (INTC), Las Vegas Sands (LVS), Merck & Co., Inc. (MRK), Netflix (NFLX), Pfizer (PFE), Schlumberger (SLB), Exxon Mobil (XOM) and AbbVie (ABBV).

Community Bank System trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBU."

Community Bank System's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.64%), State Street Corp (10.59%), Dimensional Fund Advisors LP (2.29%), Geode Capital Management LLC (1.90%), Champlain Investment Partners LLC (1.73%) and Bank of New York Mellon Corp (1.09%). Insiders that own company stock include Brian R Ace, George J Getman, Jeffery J Knauss, Jeffrey M Levy, John F Whipple, John Parente, Kerrie D Macpherson, Mark J Bolus, Mark J Bolus, Neil E Fesette, R Kallet Michael, Sally A Steele and Susan E Skerritt.
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Shares of CBU 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 CBU stock can currently be purchased for approximately $54.05.

Community Bank System (NYSE:CBU) has a market capitalization of $2.90 billion and generates $702.45 million in revenue each year. The bank earns $188.08 million in net income (profit) each year or $2.71 on an earnings per share basis.

The company employs 3,026 workers across the globe.

Community Bank System's mailing address is 5790 WIDEWATERS PKWY, DEWITT NY, 13214. The official website for the company is www.cbna.com. The bank can be reached via phone at (315) 445-2282, via email at joseph.sutaris@cbna.com, or via fax at 315-445-0904.