Community Bank System Stock Price, News & Analysis (NYSE:CBU)

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Community Bank System in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CBU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBU, but not buy additional shares or sell existing shares.
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5 brokerages have issued 12-month price objectives for Community Bank System's stock. Their CBU share price targets range from $38.00 to $66.00. On average, they expect the company's stock price to reach $51.50 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price.
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Community Bank System's stock was trading at $62.95 at the beginning of 2023. Since then, CBU shares have decreased by 24.7% and is now trading at $47.43.
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Community Bank System saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 2,340,000 shares, an increase of 7.8% from the October 15th total of 2,170,000 shares. Based on an average daily volume of 316,100 shares, the days-to-cover ratio is currently 7.4 days. Approximately 4.4% of the shares of the company are short sold.
View Community Bank System's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our CBU earnings forecast.

Community Bank System, Inc. (NYSE:CBU) released its quarterly earnings data on Tuesday, October, 24th. The bank reported $0.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.06. The bank earned $175.40 million during the quarter, compared to the consensus estimate of $176.53 million. Community Bank System had a net margin of 16.23% and a trailing twelve-month return on equity of 10.07%. The company's revenue was down .1% on a year-over-year basis. During the same period in the prior year, the company posted $0.90 EPS.

Community Bank System declared a quarterly dividend on Wednesday, November 15th. Investors of record on Friday, December 15th will be paid a dividend of $0.45 per share on Wednesday, January 10th. This represents a $1.80 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for CBU.

Community Bank System (NYSE:CBU) pays an annual dividend of $1.80 per share and currently has a dividend yield of 3.84%. The company has been increasing its dividend for 32 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 64.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBU will have a dividend payout ratio of 56.43% next year. This indicates that the company will be able to sustain or increase its dividend.
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).

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's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Morgan Stanley (3.89%), Northern Trust Corp (1.08%), Charles Schwab Investment Management Inc. (1.05%), Bank of New York Mellon Corp (1.03%), Federated Hermes Inc. (0.88%) and Principal Financial Group Inc. (0.54%). 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, 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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