NASDAQ:COFS ChoiceOne Financial Services (COFS) Stock Price, News & Analysis → Bitcoin Rockets To Record High But Buy THIS Instead (From Paradigm Press) (Ad) Free COFS Stock Alerts $24.16 +0.05 (+0.21%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$23.87▼$24.5050-Day Range$22.19▼$27.5252-Week Range$15.84▼$32.14Volume7,134 shsAverage Volume7,934 shsMarket Capitalization$182.65 millionP/E Ratio8.57Dividend Yield4.47%Price Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get ChoiceOne Financial Services alerts: Email Address ChoiceOne Financial Services MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside0.7% Downside$24.00 Price TargetShort InterestHealthy1.65% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.08Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth2.76%From $2.90 to $2.98 Per ShareSee Full Details Hide Full Details 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.2.83 out of 5 starsFinance Sector529th out of 851 stocksState Commercial Banks Industry129th out of 178 stocks 1.0 Analyst's Opinion Consensus RatingChoiceOne Financial Services has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageChoiceOne Financial Services has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.65% of the float of ChoiceOne Financial Services has been sold short.Short Interest Ratio / Days to CoverChoiceOne Financial Services has a short interest ratio ("days to cover") of 8.4.Change versus previous monthShort interest in ChoiceOne Financial Services has recently decreased by 7.28%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipChoiceOne Financial Services is a leading dividend payer. It pays a dividend yield of 4.48%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthChoiceOne Financial Services has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of ChoiceOne Financial Services is 38.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, ChoiceOne Financial Services will have a dividend payout ratio of 36.24% next year. This indicates that ChoiceOne Financial Services will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for COFS. Previous Next 3.4 News and Social Media Coverage News SentimentChoiceOne Financial Services has a news sentiment score of 1.08. 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 higher news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for ChoiceOne Financial Services this week, compared to 0 articles on an average week.Search Interest1 people have searched for COFS on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added ChoiceOne Financial Services to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, ChoiceOne Financial Services insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.92% of the stock of ChoiceOne Financial Services is held by insiders.Percentage Held by InstitutionsOnly 19.90% of the stock of ChoiceOne Financial Services is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for ChoiceOne Financial Services are expected to grow by 2.76% in the coming year, from $2.90 to $2.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of ChoiceOne Financial Services is 8.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.06.Price to Earnings Ratio vs. SectorThe P/E ratio of ChoiceOne Financial Services is 8.57, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.52.Price to Book Value per Share RatioChoiceOne Financial Services has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…>>Click here to find out what it is. About ChoiceOne Financial Services Stock (NASDAQ:COFS)ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial lending products, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers alternative investment products, which include annuities and mutual funds; and sells insurance policies, such as life and health for commercial and consumer clients. Further, it provides trust and wealth management services. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.Read More COFS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart COFS Stock News HeadlinesApril 17, 2024 | americanbankingnews.comLINKBANCORP (NASDAQ:LNKB) versus ChoiceOne Financial Services (NASDAQ:COFS) Financial ComparisonApril 16, 2024 | americanbankingnews.comChoiceOne Financial Services, Inc. (NASDAQ:COFS) Sees Large Drop in Short InterestApril 23, 2024 | Paradigm Press (Ad)Bitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…March 18, 2024 | finance.yahoo.comChoiceOne Financial Services Full Year 2023 Earnings: EPS: US$2.82 (vs US$3.15 in FY 2022)March 3, 2024 | finance.yahoo.comChoiceOne Financial Services (NASDAQ:COFS) Is Due To Pay A Dividend Of $0.27February 28, 2024 | prnewswire.comCHOICEONE FINANCIAL ANNOUNCES CASH DIVIDENDSJanuary 31, 2024 | wsj.comChoiceOne Financial Services Inc.January 29, 2024 | finance.yahoo.comChoiceOne Bank Now Accepting Annual Scholarship ApplicationsApril 23, 2024 | Paradigm Press (Ad)Bitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…January 25, 2024 | finance.yahoo.comChoiceOne Financial Services Inc Reports Mixed Results Amidst Historic Loan GrowthJanuary 24, 2024 | finance.yahoo.comChoiceOne Reports Fourth Quarter 2023 ResultsDecember 21, 2023 | finance.yahoo.comChoiceOne Bank Announces Kiwanis Inclusive Playground CommitmentDecember 18, 2023 | msn.comStrength Seen in ChoiceOne Financial Services, Inc. (COFS): Can Its 6.8% Jump Turn into More Strength?December 14, 2023 | finance.yahoo.comChoiceOne Bank Announces Newly Redesigned, Interactive WebsiteDecember 9, 2023 | finance.yahoo.comChoiceOne Financial Services, Inc. (NASDAQ:COFS) Looks Like A Good Stock, And It's Going Ex-Dividend SoonDecember 3, 2023 | finance.yahoo.comChoiceOne Financial Services' (NASDAQ:COFS) Dividend Will Be Increased To $0.27November 29, 2023 | msn.comChoiceOne Financial Services raises quarterly dividend by 3.8% to $0.27/shareNovember 16, 2023 | finance.yahoo.comPositive earnings growth hasn't been enough to get ChoiceOne Financial Services (NASDAQ:COFS) shareholders a favorable return over the last three yearsNovember 8, 2023 | morningstar.comChoiceOne Financial Services Inc COFSOctober 27, 2023 | finance.yahoo.comChoiceOne Celebrates 125th Anniversary Ringing Nasdaq Stock Exchange Opening BellOctober 25, 2023 | msn.comChoiceOne Financial Services Non-GAAP EPS of $0.68 beats by $0.01, revenue of $19.9MOctober 25, 2023 | finance.yahoo.comChoiceOne Reports Third Quarter 2023 ResultsSeptember 28, 2023 | nasdaq.comJanney Montgomery Scott Initiates Coverage of Choiceone Financial Services (COFS) with Neutral RecommendationAugust 27, 2023 | finance.yahoo.comChoiceOne Financial Services (NASDAQ:COFS) Is Paying Out A Larger Dividend Than Last YearAugust 25, 2023 | seekingalpha.comCOFS ChoiceOne Financial Services, Inc.July 27, 2023 | finanznachrichten.deChoiceOne Financial Services, Inc.: ChoiceOne Reports Second Quarter 2023 ResultsJuly 26, 2023 | seekingalpha.comChoiceOne Financial Services GAAP EPS of $0.69, revenue of $19.6MSee More Headlines Receive COFS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for ChoiceOne Financial Services and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/24/2024Ex-Dividend for 3/29 Dividend3/14/2024Dividend Payable3/29/2024Today4/23/2024Next Earnings (Estimated)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNASDAQ:COFS CUSIPN/A CIK803164 Webwww.choiceone.com Phone(616) 887-7366FaxN/AEmployees324Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$24.00 Low Stock Price Target$24.00 Potential Upside/Downside-0.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.82 Trailing P/E Ratio8.57 Forward P/E Ratio8.33 P/E GrowthN/ANet Income$21.26 million Net Margins18.67% Pretax Margin22.45% Return on Equity11.73% Return on Assets0.85% Debt Debt-to-Equity Ratio1.20 Current Ratio0.68 Quick Ratio0.67 Sales & Book Value Annual Sales$80.79 million Price / Sales2.26 Cash Flow$4.47 per share Price / Cash Flow5.40 Book Value$25.93 per share Price / Book0.93Miscellaneous Outstanding Shares7,560,000Free Float6,961,000Market Cap$182.65 million OptionableNot Optionable Beta0.65 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Kelly J. Potes CFP (Age 62)CEO & Director Comp: $628.18kMr. Michael J. Burke Jr. (Age 53)President & Director Comp: $461.2kMr. Bradley A. Henion (Age 54)Executive VP & Chief Lending Officer of ChoiceOne Bank Comp: $303.77kMr. Adom J. Greenland (Age 43)CFO, Executive VP, Secretary & Treasurer Comp: $225.7kMs. Shelly M. Childers (Age 61)Senior VP & Chief Information Officer Mr. Lee A. Braford (Age 63)Senior VP & Chief Credit Officer of ChoiceOne Bank Comp: $141.06kMr. Peter Batistoni (Age 58)Senior VP & Senior Lender of ChoiceOne Bank Ms. Heather D. Brolick (Age 64)Senior Vice President of Human Resources of ChoiceOne Bank Mr. Robert M. Jamula (Age 55)Senior Vice President of Wealth Management of ChoiceOne Bank More ExecutivesKey CompetitorsMiddlefield BancNASDAQ:MBCNCalifornia BanCorpNASDAQ:CALBBankwell Financial GroupNASDAQ:BWFGFVCBankcorpNASDAQ:FVCBColony BankcorpNASDAQ:CBANView All CompetitorsInsiders & InstitutionsCWM LLCBought 1,211 shares on 4/5/2024Ownership: 0.064%ICA Group Wealth Management LLCSold 819 shares on 3/8/2024Ownership: 0.202%CWM LLCSold 1,211 shares on 2/1/2024Ownership: 0.048%Cerity Partners LLCBought 46,124 shares on 1/26/2024Ownership: 0.611%Kelly PotesSold 2,690 sharesTotal: $69,267.50 ($25.75/share)View All Insider TransactionsView All Institutional Transactions COFS Stock Analysis - Frequently Asked Questions Should I buy or sell ChoiceOne Financial Services stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ChoiceOne Financial Services in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street 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. What is ChoiceOne Financial Services' stock price target for 2024? 1 equities research analysts have issued 1-year price targets for ChoiceOne Financial Services' stock. Their COFS share price targets range from $24.00 to $24.00. On average, they expect the company's stock price to reach $24.00 in the next twelve months. This suggests that the stock has a possible downside of 0.7%. View analysts price targets for COFS or view top-rated stocks among Wall Street analysts. How have COFS shares performed in 2024? ChoiceOne Financial Services' stock was trading at $29.30 at the beginning of 2024. Since then, COFS shares have decreased by 17.5% and is now trading at $24.16. View the best growth stocks for 2024 here. Are investors shorting ChoiceOne Financial Services? ChoiceOne Financial Services saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 113,300 shares, a decline of 7.3% from the March 15th total of 122,200 shares. Based on an average trading volume of 13,500 shares, the days-to-cover ratio is currently 8.4 days. Currently, 1.7% of the company's stock are short sold. View ChoiceOne Financial Services' Short Interest. When is ChoiceOne Financial Services' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our COFS earnings forecast. How were ChoiceOne Financial Services' earnings last quarter? ChoiceOne Financial Services, Inc. (NASDAQ:COFS) issued its quarterly earnings data on Wednesday, January, 24th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.06. The business had revenue of $20.60 million for the quarter, compared to analysts' expectations of $20.10 million. ChoiceOne Financial Services had a trailing twelve-month return on equity of 11.73% and a net margin of 18.67%. How often does ChoiceOne Financial Services pay dividends? What is the dividend yield for ChoiceOne Financial Services? ChoiceOne Financial Services announced a quarterly dividend on Wednesday, February 28th. Investors of record on Friday, March 15th will be paid a dividend of $0.27 per share on Friday, March 29th. This represents a $1.08 annualized dividend and a yield of 4.47%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for COFS. Is ChoiceOne Financial Services a good dividend stock? ChoiceOne Financial Services (NASDAQ:COFS) pays an annual dividend of $1.08 per share and currently has a dividend yield of 4.48%. 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. Who are ChoiceOne Financial Services' major shareholders? ChoiceOne Financial Services' stock is owned by many different retail and institutional 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. How do I buy shares of ChoiceOne Financial Services? 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. Compare Top Brokerages Here. This page (NASDAQ:COFS) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishingtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyForget Bitcoin. 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