Community Bank System - CBU Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Community Bank System in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities 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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2 Wall Street research analysts have issued 1 year price targets for Community Bank System's shares. Their CBU share price forecasts range from $59.00 to $67.00. On average, they anticipate the company's share price to reach $64.00 in the next year. This suggests a possible upside of 3.2% from the stock's current price.
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Community Bank System's stock was trading at $74.48 at the start of the year. Since then, CBU shares have decreased by 16.7% and is now trading at $62.02.
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Community Bank System saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,750,000 shares, a decline of 14.6% from the October 31st total of 2,050,000 shares. Based on an average daily volume of 225,600 shares, the short-interest ratio is presently 7.8 days. Approximately 3.3% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Monday, January 23rd 2023.
View our CBU earnings forecast.

Community Bank System, Inc. (NYSE:CBU) posted its earnings results on Sunday, October, 24th. The bank reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.02. The bank earned $156.90 million during the quarter, compared to analysts' expectations of $151.62 million. Community Bank System had a trailing twelve-month return on equity of 10.56% and a net margin of 26.44%. The firm's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.85 earnings per share.

Community Bank System declared a quarterly dividend on Wednesday, November 16th. Stockholders 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 annualized dividend and a dividend yield of 2.84%. The ex-dividend date of this dividend 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 2.82%. 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 53.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBU will have a dividend payout ratio of 47.18% 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.78%), Vanguard Group Inc. (12.14%), State Street Corp (10.06%), Neuberger Berman Group LLC (4.72%), Dimensional Fund Advisors LP (2.21%) and Eaton Vance Management (1.71%). 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 $62.02.

Community Bank System (NYSE:CBU) has a market capitalization of $3.33 billion and generates $633.66 million in revenue each year. The bank earns $189.69 million in net income (profit) each year or $3.29 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.