ChoiceOne Financial Services (COFS) Stock Price, News & Analysis

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ChoiceOne Financial Services in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" COFS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COFS, but not buy additional shares or sell existing shares.
View COFS analyst ratings or view top-rated stocks.

1 brokerages have issued 1 year price objectives for ChoiceOne Financial Services' stock. Their COFS share price targets range from $24.00 to $24.00. On average, they anticipate the company's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
View analysts price targets for COFS or view top-rated stocks among Wall Street analysts.

ChoiceOne Financial Services' stock was trading at $29.30 on January 1st, 2024. Since then, COFS shares have decreased by 20.9% and is now trading at $23.18.
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ChoiceOne Financial Services saw a drop in short interest in March. As of March 31st, there was short interest totaling 113,300 shares, a drop of 7.3% from the March 15th total of 122,200 shares. Based on an average daily trading volume, of 13,500 shares, the short-interest ratio is currently 8.4 days. Currently, 1.7% of the shares of the stock are sold short.
View ChoiceOne Financial Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our COFS earnings forecast.

ChoiceOne Financial Services, Inc. (NASDAQ:COFS) released its earnings results on Wednesday, January, 24th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.64 by $0.06. The company earned $20.60 million during the quarter, compared to the consensus estimate of $20.10 million. ChoiceOne Financial Services had a net margin of 18.67% and a trailing twelve-month return on equity of 11.73%.

ChoiceOne Financial Services declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Friday, March 15th will be given a dividend of $0.27 per share on Friday, March 29th. This represents a $1.08 dividend on an annualized basis and a yield of 4.66%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for COFS.

ChoiceOne Financial Services (NASDAQ:COFS) pays an annual dividend of $1.08 per share and currently has a dividend yield of 4.60%. COFS 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 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 38.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, COFS will have a dividend payout ratio of 36.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for COFS.

ChoiceOne Financial Services' stock is owned by a variety of institutional and retail investors. Top institutional investors include CWM LLC (0.06%). Insiders that own company stock include Adom Greenland, Greg L Armock, Kelly Potes, Michael J Burke Jr and Paul L Johnson.
View institutional ownership trends.

Shares of COFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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