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 year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating 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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4 equities 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 predict the company's share price to reach $64.50 in the next year. This suggests a possible upside of 21.6% from the stock's current price.
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Community Bank System's stock was trading at $62.95 on January 1st, 2023. Since then, CBU stock has decreased by 15.7% and is now trading at $53.06.
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Community Bank System saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,330,000 shares, an increase of 16.5% from the February 28th total of 2,000,000 shares. Based on an average daily trading volume, of 265,700 shares, the days-to-cover ratio is currently 8.8 days. Approximately 4.4% 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, April 24th 2023.
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Community Bank System, Inc. (NYSE:CBU) posted its quarterly earnings data on Tuesday, January, 24th. The bank reported $0.96 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.01. The bank earned $187.69 million during the quarter, compared to the consensus estimate of $177.60 million. Community Bank System had a trailing twelve-month return on equity of 11.94% and a net margin of 26.77%. During the same period in the prior year, the company earned $0.81 earnings per share.

Community Bank System declared a quarterly dividend on Wednesday, February 15th. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.44 per share on Monday, April 10th. This represents a $1.76 annualized dividend and a dividend yield of 3.32%. The ex-dividend date of this dividend is Tuesday, March 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 Dividend ETF (SDY), SPDR S&P Bank ETF (KBE), SPDR S&P Regional Banking ETF (KRE) and Xtrackers S&P SmallCap 600 ESG ETF (SMLE).

Community Bank System (NYSE:CBU) pays an annual dividend of $1.76 per share and currently has a dividend yield of 3.40%. 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 46.44% 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 number of institutional and retail investors. Top institutional investors include Neuberger Berman Group LLC (4.67%), Morgan Stanley (2.83%), Dimensional Fund Advisors LP (2.24%), Geode Capital Management LLC (1.83%), Norges Bank (1.01%) and Charles Schwab Investment Management Inc. (0.95%). 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 $53.06.

Community Bank System (NYSE:CBU) has a market capitalization of $2.85 billion and generates $679.36 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 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.