Community Bank System - CBU Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Community Bank System in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street 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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3 analysts have issued 1 year target prices for Community Bank System's stock. Their CBU share price forecasts range from $59.00 to $67.00. On average, they anticipate the company's stock price to reach $64.00 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price.
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Community Bank System's stock was trading at $62.95 at the start of the year. Since then, CBU shares have decreased by 2.2% and is now trading at $61.54.
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Community Bank System saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 1,500,000 shares, a decline of 11.8% from the December 15th total of 1,700,000 shares. Based on an average trading volume of 208,400 shares, the short-interest ratio is presently 7.2 days. Approximately 2.8% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
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Community Bank System, Inc. (NYSE:CBU) posted its earnings results on Tuesday, January, 24th. The bank reported $0.96 EPS for the quarter, beating the consensus estimate of $0.95 by $0.01. The bank earned $187.69 million during the quarter, compared to analysts' expectations of $177.60 million. Community Bank System had a net margin of 26.77% and a trailing twelve-month return on equity of 11.94%. During the same period in the previous year, the firm posted $0.81 earnings per share.

Community Bank System announced a quarterly dividend on Wednesday, November 16th. Shareholders of record on Thursday, December 15th will be paid a dividend of $0.44 per share on Tuesday, January 10th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for CBU.

Community Bank System (NYSE:CBU) pays an annual dividend of $1.76 per share and currently has a dividend yield of 2.81%. 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 50.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBU will have a dividend payout ratio of 46.19% 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 shareholders include ProShare Advisors LLC (0.28%), Community Bank N.A. (0.25%), New York State Teachers Retirement System (0.20%), TD Asset Management Inc (0.17%), Carnegie Capital Asset Management LLC (0.12%) and Allspring Global Investments Holdings LLC (0.07%). 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, Scott Allen Kingsley 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 $61.54.

Community Bank System (NYSE:CBU) has a market capitalization of $3.31 billion and generates $702.45 million in revenue each year. The bank earns $188.08 million in net income (profit) each year or $3.46 on an earnings per share basis.

The company employs 2,927 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.