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

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Community Bank System 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" CBU shares.
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4 brokerages have issued twelve-month target prices for Community Bank System's stock. Their CBU share price forecasts range from $50.00 to $67.00. On average, they expect the company's stock price to reach $59.83 in the next twelve months. This suggests a possible upside of 45.8% 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 shares have decreased by 34.8% and is now trading at $41.03.
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Community Bank System saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,020,000 shares, a drop of 13.3% from the August 15th total of 2,330,000 shares. Based on an average daily trading volume, of 462,100 shares, the short-interest ratio is presently 4.4 days. Currently, 3.8% of the shares of the stock are sold short.
View Community Bank System's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our CBU earnings forecast.

Community Bank System, Inc. (NYSE:CBU) released its quarterly earnings results on Monday, July, 31st. The bank reported $0.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.06. The bank earned $176.34 million during the quarter, compared to the consensus estimate of $180.63 million. Community Bank System had a net margin of 22.00% and a trailing twelve-month return on equity of 12.59%.

Community Bank System announced a quarterly dividend on Wednesday, July 19th. Shareholders of record on Friday, September 15th will be given a dividend of $0.45 per share on Tuesday, October 10th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.39%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from the stock's previous quarterly dividend of $0.44.
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), Invesco S&P SmallCap Low Volatility ETF (XSLV), SPDR S&P Regional Banking ETF (KRE) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).SPDR S&P 600 Small Cap ETF (SLY).

Community Bank System (NYSE:CBU) pays an annual dividend of $1.80 per share and currently has a dividend yield of 4.29%. CBU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 62.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBU will have a dividend payout ratio of 54.38% 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 retail and institutional investors. Top institutional investors include BlackRock Inc. (14.68%), State Street Corp (9.60%), Goldman Sachs Group Inc. (5.01%), Dimensional Fund Advisors LP (2.71%), Geode Capital Management LLC (1.96%) and Champlain Investment Partners LLC (1.88%). Insiders that own company stock include Brian R Ace, Dimitar Karaivanov, 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 $41.03.

Community Bank System (NYSE:CBU) has a market capitalization of $2.20 billion and generates $702.45 million in revenue each year. The bank earns $188.08 million in net income (profit) each year or $2.87 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.