Should I buy or sell City stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for City in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CHCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHCO, but not buy additional shares or sell existing shares. View CHCO analyst ratings or view top-rated stocks .

What is City's stock price target for 2024?

2 equities research analysts have issued 12 month target prices for City's shares. Their CHCO share price targets range from $100.00 to $105.00. On average, they anticipate the company's stock price to reach $102.50 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View analysts price targets for CHCO or view top-rated stocks among Wall Street analysts .

How have CHCO shares performed in 2024?

City's stock was trading at $110.26 on January 1st, 2024. Since then, CHCO stock has decreased by 10.3% and is now trading at $98.86. View the best growth stocks for 2024 here .

When is City's next earnings date?

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

How were City's earnings last quarter?

City Holding (NASDAQ:CHCO) posted its quarterly earnings results on Wednesday, January, 24th. The bank reported $1.84 EPS for the quarter, missing analysts' consensus estimates of $1.90 by $0.06. The bank had revenue of $86.10 million for the quarter, compared to analysts' expectations of $72.50 million. City had a net margin of 33.31% and a trailing twelve-month return on equity of 18.62%.

How often does City pay dividends? What is the dividend yield for City?

City declared a quarterly dividend on Wednesday, March 27th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.715 per share on Tuesday, April 30th. This represents a $2.86 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date is Friday, April 12th. Read our dividend analysis for CHCO .

Is City a good dividend stock?

City (NASDAQ:CHCO) pays an annual dividend of $2.86 per share and currently has a dividend yield of 2.91%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHCO will have a dividend payout ratio of 38.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CHCO .

What ETFs hold City's stock?

ETFs with the largest weight of City (NASDAQ:CHCO) stock in their portfolio include Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC) , SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) , Emerge EMPWR Unified Sustainable Equity ETF (EMPW) , AdvisorShares Alpha DNA Equity Sentiment ETF (SENT) , First Trust NASDAQ ABA Community Bank Index Fund (QABA) , Harbor Corporate Culture Small Cap ETF (HAPS) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) . VictoryShares US Small Cap Volatility Wtd (CSA) .

What other stocks do shareholders of City own?

Based on aggregate information from My MarketBeat watchlists, some companies that other City investors own include Sangamo Therapeutics (SGMO) , Wells Fargo & Company (WFC) , Huntington Bancshares (HBAN) , Bank of Hawaii (BOH) , AT&T (T) , AbbVie (ABBV) , Consolidated Edison (ED) , Eastman Chemical (EMN) , Enbridge (ENB) and Enterprise Products Partners (EPD) .

Who are City's major shareholders?

City's stock is owned by many different retail and institutional investors. Top institutional shareholders include City Holding Co. (1.80%) and Carolina Wealth Advisors LLC (0.30%). Insiders that own company stock include Charles R Hageboeck, Charles W Fairchilds, David L Bumgarner , Gregory A Burton, J Thomas Jones, Javier A Reyes, Jeffrey Dale Legge , John A Derito, Michael T Quinlan Jr, Michael T Quinlan, Jr , Sharon H Rowe, Tracy W Hylton II and Tracy W Hylton II . View institutional ownership trends .

How do I buy shares of City?

Shares of CHCO 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. Compare Top Brokerages Here .

NASDAQ:CHCO

City (CHCO) Stock Price, News & Analysis

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$98.72

+0.02 (+0.02%)

(As of 10:22 AM ET)

Compare

Today's Range: $98.22
▼
$99.18
50-Day Range: $98.35
▼
$104.75
52-Week Range: $82.53
▼
$115.89

Volume: 8,545 shs
Average Volume: 60,924 shs
Market Capitalization: $1.47 billion

P/E Ratio: 12.97
Dividend Yield: 2.90%
Price Target: $102.50

Get City alerts:

City MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 3.7% Upside
$102.50 Price Target
Short Interest: Bearish
6.56% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$1.09 M Sold Last Quarter
Proj. Earnings Growth: 0.67%
From $7.43 to $7.48 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.09 out of 5 stars

Finance Sector

735th out of 839 stocks

National Commercial Banks Industry

75th out of 80 stocks

1.0

Analyst's Opinion

Consensus Rating
City has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
City has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
6.56% of the float of City has been sold short.
Short Interest Ratio / Days to Cover
City has a short interest ratio ("days to cover") of 15.6, which indicates bearish sentiment.
Change versus previous month
Short interest in City has recently decreased by 1.57%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
City pays a meaningful dividend of 2.91%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
City has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of City is 37.58%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, City will have a dividend payout ratio of 38.24% next year. This indicates that City will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CHCO.

1.8

News and Social Media Coverage

News Sentiment
City has a news sentiment score of 0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
MarketBeat Follows
2 people have added City to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, City insiders have sold 8,856.52% more of their company's stock than they have bought. Specifically, they have bought $12,225.00 in company stock and sold $1,094,935.00 in company stock.
Percentage Held by Insiders
Only 2.45% of the stock of City is held by insiders.
Percentage Held by Institutions
72.43% of the stock of City is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for City are expected to grow by 0.67% in the coming year, from $7.43 to $7.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of City is 12.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of City is 12.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.18.
Price to Book Value per Share Ratio
City has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About City Stock (NASDAQ:CHCO)

City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust, and investment management, and other financial solutions in the United States. The company offers checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts. It also provides commercial and industrial loans that consist of loans to corporate and other legal entity borrowers primarily in small to mid-size industrial and commercial companies; commercial real estate loans comprising commercial mortgages, which are secured by nonresidential and multi-family residential properties; residential real estate loans to consumers for the purchase or refinance of residence; first-priority home equity loans; home equity lines of credit; amortized home equity loans; consumer loans that are secured and unsecured by automobiles, boats, recreational vehicles, certificates of deposit, and other personal property; and demand deposit account overdrafts, as well as owner-occupied real estate and construction, land development, and lines of credit. In addition, the company offers mortgage banking services, including fixed and adjustable-rate mortgages, construction financing, land loans, production of conventional and government-insured mortgages, secondary marketing, and mortgage servicing. Further, it provides deposit services for commercial customers comprising treasury management, lockbox, and other cash management services; merchant credit card services; wealth management, trust, investment, and custodial services for commercial and individual customers; and corporate trust and institutional custody, financial and estate planning, and retirement plan services, as well as automated-teller-machine, interactive-teller-machine, mobile banking, interactive voice response systems, and credit and debit card services. City Holding Company was founded in 1957 and is headquartered in Charleston, West Virginia.

CHCO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CHCO Stock News Headlines

April 10, 2024 | americanbankingnews.com

City (NASDAQ:CHCO) Share Price Passes Above Fifty Day Moving Average of $101.81

April 5, 2024 | finance.yahoo.com

Investing in City Holding (NASDAQ:CHCO) five years ago would have delivered you a 51% gain

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March 17, 2024 | finance.yahoo.com

CHCO Jun 2024 120.000 call

March 7, 2024 | news.yahoo.com

DAR wants to maintain George Washington Headquarters site

February 26, 2024 | gurufocus.com

Insider Sell: EVP John Derito Sells Shares of City Holding Co (CHCO)

February 25, 2024 | msn.com

City Holding (CHCO) Price Target Increased by 5.34% to 107.27

February 17, 2024 | finance.yahoo.com

CHCO Sep 2024 110.000 call

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February 12, 2024 | edition.cnn.com

City Holding Company

February 1, 2024 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: City Holding Company (CHCO), Hanover Insurance (THG) and Deutsche Bank AG (DB)

January 31, 2024 | finance.yahoo.com

City Holding Company Announces Approval of Stock Repurchase Plan

January 31, 2024 | finance.yahoo.com

City Holding Company Elects James M. Parsons to Board of Directors

January 24, 2024 | finance.yahoo.com

City Holding Co Reports Record Annual Earnings for 2023

January 24, 2024 | finance.yahoo.com

City Holding (CHCO) Reports Q4 Earnings: What Key Metrics Have to Say

January 18, 2024 | benzinga.com

City Holding Stock (NASDAQ:CHCO) Dividends: History, Yield and Dates

January 8, 2024 | finance.yahoo.com

City Holding Company's (NASDAQ:CHCO) institutional investors lost 3.3% last week but have benefitted from longer-term gains

December 29, 2023 | finance.yahoo.com

City Holding (CHCO) Upgraded to Buy: What Does It Mean for the Stock?

December 23, 2023 | investorplace.com

3 Urbanization Stocks to Capitalize on City Growth in 2024

December 22, 2023 | msn.com

Zoning issues put Chico's 'Safe Space' permanent location up in the air

December 22, 2023 | msn.com

Safe Space Chico’s intake center location incompatible with downtown zoning, city says

December 22, 2023 | msn.com

Sacramento has another chance to make it right and deny city manager’s raise | Opinion

December 22, 2023 | msn.com

Chico city orders Safe Space to cease intake shelter operations amidst zoning dispute

December 22, 2023 | msn.com

Safe Space Chico intake center use permit application is denied

December 22, 2023 | msn.com

Sad news for local journalism | City Insider

December 21, 2023 | msn.com

Chico Code Enforcement halts operations at Safe Space's new intake shelter over zoning violations

See More Headlines

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Company Calendar

Ex-Dividend for 1/31 Dividend: 1/11/2024
Last Earnings: 1/24/2024
Dividend Payable: 1/31/2024
Ex-Dividend for 4/30 Dividend: 4/12/2024
Today: 4/18/2024
Next Earnings (Estimated): 4/23/2024
Dividend Payable: 4/30/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: National commercial banks
Sub-Industry: Regional Banks
Current Symbol: NASDAQ:CHCO
CUSIP: 17783510
CIK: 726854
Web: www.bankatcity.com
Phone: (304) 769-1100
Fax: 304-769-1111
Employees: 957
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $102.50
High Stock Price Target: $105.00
Low Stock Price Target: $100.00
Potential Upside/Downside: +3.9%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.61
Trailing P/E Ratio: 12.97
Forward P/E Ratio: 13.28
P/E Growth: N/A
Net Income: $114.36 million
Net Margins: 33.31%
Pretax Margin: 41.86%
Return on Equity: 18.62%
Return on Assets: 1.95%

Debt

Debt-to-Equity Ratio: 0.15
Current Ratio: 0.81
Quick Ratio: 0.81

Sales & Book Value

Annual Sales: $341.89 million
Price / Sales: 4.29
Cash Flow: $8.73 per share
Price / Cash Flow: 11.31
Book Value: $45.65 per share
Price / Book: 2.16

Miscellaneous

Outstanding Shares: 14,860,000
Free Float: 14,506,000
Market Cap: $1.47 billion
Optionable: Optionable
Beta: 0.51

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Key Executives

Mr. Charles R. Hageboeck (Age 62)
President, CEO & Director
Comp: $1.31M
Mr. David L. Bumgarner (Age 59)
Executive VP, CFO & Principal Accounting Officer
Comp: $535.85k
Mr. Jeffrey Dale Legge (Age 60)
Executive VP, Chief Administrative Officer & Chief Information Officer
Comp: $470.27k
Mr. John A. DeRito (Age 74)
Executive Vice President of Commercial Banking
Comp: $456.59k
Mr. Michael T. Quinlan Jr. (Age 55)
Executive Vice President of Retail Banking
Comp: $530.57k
Ms. Victoria A. Evans-Faw
Senior VP & Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CHCO Stock Analysis - Frequently Asked Questions

Should I buy or sell City stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for City in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CHCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHCO, but not buy additional shares or sell existing shares.
View CHCO analyst ratings or view top-rated stocks.
What is City's stock price target for 2024?: 2 equities research analysts have issued 12 month target prices for City's shares. Their CHCO share price targets range from $100.00 to $105.00. On average, they anticipate the company's stock price to reach $102.50 in the next year. This suggests a possible upside of 3.7% from the stock's current price.
View analysts price targets for CHCO or view top-rated stocks among Wall Street analysts.
How have CHCO shares performed in 2024?: City's stock was trading at $110.26 on January 1st, 2024. Since then, CHCO stock has decreased by 10.3% and is now trading at $98.86.
View the best growth stocks for 2024 here.
When is City's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our CHCO earnings forecast.
How were City's earnings last quarter?: City Holding (NASDAQ:CHCO) posted its quarterly earnings results on Wednesday, January, 24th. The bank reported $1.84 EPS for the quarter, missing analysts' consensus estimates of $1.90 by $0.06. The bank had revenue of $86.10 million for the quarter, compared to analysts' expectations of $72.50 million. City had a net margin of 33.31% and a trailing twelve-month return on equity of 18.62%.
How often does City pay dividends? What is the dividend yield for City?: City declared a quarterly dividend on Wednesday, March 27th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.715 per share on Tuesday, April 30th. This represents a $2.86 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date is Friday, April 12th.
Read our dividend analysis for CHCO.

Is City a good dividend stock?: City (NASDAQ:CHCO) pays an annual dividend of $2.86 per share and currently has a dividend yield of 2.91%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHCO will have a dividend payout ratio of 38.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHCO.
What ETFs hold City's stock?: ETFs with the largest weight of City (NASDAQ:CHCO) stock in their portfolio include Emerge EMPWR Sustainable Select Growth Equity ETF (EMGC), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Emerge EMPWR Unified Sustainable Equity ETF (EMPW), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Harbor Corporate Culture Small Cap ETF (HAPS) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF).VictoryShares US Small Cap Volatility Wtd (CSA).
What other stocks do shareholders of City own?: Based on aggregate information from My MarketBeat watchlists, some companies that other City investors own include Sangamo Therapeutics (SGMO), Wells Fargo & Company (WFC), Huntington Bancshares (HBAN), Bank of Hawaii (BOH), AT&T (T), AbbVie (ABBV), Consolidated Edison (ED), Eastman Chemical (EMN), Enbridge (ENB) and Enterprise Products Partners (EPD).
Who are City's major shareholders?: City's stock is owned by many different retail and institutional investors. Top institutional shareholders include City Holding Co. (1.80%) and Carolina Wealth Advisors LLC (0.30%). Insiders that own company stock include Charles R Hageboeck, Charles W Fairchilds, David L Bumgarner, Gregory A Burton, J Thomas Jones, Javier A Reyes, Jeffrey Dale Legge, John A Derito, Michael T Quinlan Jr, Michael T Quinlan, Jr, Sharon H Rowe, Tracy W Hylton II and Tracy W Hylton II.
View institutional ownership trends.
How do I buy shares of City?: Shares of CHCO 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.
Compare Top Brokerages Here.

This page (NASDAQ:CHCO) was last updated on 4/18/2024 by MarketBeat.com Staff

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City (CHCO) Stock Price, News & Analysis

City MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

MarketBeat Follows

Company Ownership

Earnings and Valuation

About City Stock (NASDAQ:CHCO)

CHCO Stock Price History

CHCO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CHCO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™