Should I buy or sell CNB Financial stock right now?

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

What is CNB Financial's stock price target for 2024?

1 Wall Street research analysts have issued 12 month price targets for CNB Financial's shares. Their CCNE share price targets range from $22.00 to $22.00. On average, they expect the company's stock price to reach $22.00 in the next year. This suggests a possible upside of 22.0% from the stock's current price. View analysts price targets for CCNE or view top-rated stocks among Wall Street analysts .

How have CCNE shares performed in 2024?

CNB Financial's stock was trading at $22.59 on January 1st, 2024. Since then, CCNE shares have decreased by 20.2% and is now trading at $18.03. View the best growth stocks for 2024 here .

Are investors shorting CNB Financial?

CNB Financial saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 67,600 shares, a decline of 21.4% from the March 15th total of 86,000 shares. Based on an average daily volume of 47,900 shares, the short-interest ratio is currently 1.4 days. View CNB Financial's Short Interest .

When is CNB Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024. View our CCNE earnings forecast .

How were CNB Financial's earnings last quarter?

CNB Financial Co. (NASDAQ:CCNE) posted its quarterly earnings results on Tuesday, January, 23rd. The bank reported $0.62 EPS for the quarter, beating the consensus estimate of $0.54 by $0.08. The bank had revenue of $56.83 million for the quarter, compared to analysts' expectations of $55.10 million. CNB Financial had a trailing twelve-month return on equity of 10.85% and a net margin of 15.96%.

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

CNB Financial declared a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.175 per share on Friday, March 15th. This represents a $0.70 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date is Thursday, February 29th. Read our dividend analysis for CCNE .

Is CNB Financial a good dividend stock?

CNB Financial (NASDAQ:CCNE) pays an annual dividend of $0.70 per share and currently has a dividend yield of 3.88%. The dividend payout ratio is 29.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CCNE will have a dividend payout ratio of 25.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CCNE .

What is Joseph B. Bower Jr.'s approval rating as CNB Financial's CEO?

5 employees have rated CNB Financial Chief Executive Officer Joseph B. Bower Jr. on Glassdoor.com . Joseph B. Bower Jr. has an approval rating of 76% among the company's employees. 71.0% of employees surveyed would recommend working at CNB Financial to a friend.

What other stocks do shareholders of CNB Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CNB Financial investors own include AT&T (T) , Broadcom (AVGO) , Enterprise Products Partners (EPD) , Walgreens Boots Alliance (WBA) , AbbVie (ABBV) , Cinemark (CNK) , General Motors (GM) , GSK (GSK) , Main Street Capital (MAIN) and Methanex (MEOH) .

Who are CNB Financial's major shareholders?

CNB Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.64%). Insiders that own company stock include Deborah Dick Pontzer, Francis X Straub III, Heather J Koptchak, Jeffrey S Powell, Joel E Peterson , Julie M Young, Julie M Young , Mary Ann Conaway, Michael D Peduzzi, Michael D Peduzzi , N Michael Obi, Nicholas N Jr Scott , Peter F Smith, Renee Richard and Tito L Lima. View institutional ownership trends .

How do I buy shares of CNB Financial?

Shares of CCNE 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:CCNE

CNB Financial (CCNE) Stock Price, News & Analysis

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Free CCNE Stock Alerts

$18.03

-0.28 (-1.53%)

(As of 09:30 AM ET)

Compare

Today's Range: $18.03
▼
$18.03
50-Day Range: $18.05
▼
$21.21
52-Week Range: $16.43
▼
$23.40

Volume: 6,715 shs
Average Volume: 49,064 shs
Market Capitalization: $378.99 million

P/E Ratio: 7.58
Dividend Yield: 3.88%
Price Target: $22.00

Get CNB Financial alerts:

CNB Financial MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 22.0% Upside
$22.00 Price Target
Short Interest: Healthy
0.32% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.57
Upright™ Environmental Score
News Sentiment: 0.45
Based on 11 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 14.58%
From $2.40 to $2.75 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.

4.60 out of 5 stars

Finance Sector

289th out of 847 stocks

State Commercial Banks Industry

70th out of 177 stocks

2.0

Analyst's Opinion

Consensus Rating
CNB Financial 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 Coverage
CNB Financial has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.32% of the outstanding shares of CNB Financial have been sold short.
Short Interest Ratio / Days to Cover
CNB Financial has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CNB Financial has recently decreased by 21.40%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
CNB Financial is a leading dividend payer. It pays a dividend yield of 3.88%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CNB Financial does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of CNB Financial is 29.41%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, CNB Financial will have a dividend payout ratio of 25.45% next year. This indicates that CNB Financial will be able to sustain or increase its dividend.

3.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CNB Financial has received a 43.61% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Home improvement financing", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", and "Corporate debit cards" products. See details.
Environmental Sustainability
The Environmental Impact score for CNB Financial is -0.57.

1.9

News and Social Media Coverage

News Sentiment
CNB Financial has a news sentiment score of 0.45. 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 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for CNB Financial this week, compared to 1 article on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CNB Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.83% of the stock of CNB Financial is held by insiders.
Percentage Held by Institutions
52.35% of the stock of CNB Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for CNB Financial are expected to grow by 14.58% in the coming year, from $2.40 to $2.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CNB Financial is 7.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of CNB Financial is 7.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.40.
Price to Book Value per Share Ratio
CNB Financial has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About CNB Financial Stock (NASDAQ:CCNE)

CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services. It also provides private banking; and wealth and asset management services, including the administration of trusts and estates, retirement plans, and other employee benefit plans, as well as a range of wealth management services. In addition, the company invests in debt and equity securities; sells nonproprietary annuities and other insurance products; and offers small balance unsecured loans and secured loans primarily collateralized by automobiles and equipment, as well as engages in consumer discount loan and finance business. The company was founded in 1865 and is headquartered in Clearfield, Pennsylvania.

CCNE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CCNE Stock News Headlines

April 18, 2024 | americanbankingnews.com

CNB Financial (NASDAQ:CCNE) Given New $22.00 Price Target at Keefe, Bruyette & Woods

April 16, 2024 | investorplace.com

CCNE Stock Earnings: CNB Financial Beats EPS, Misses Revenue for Q1 2024

April 19, 2024 | InvestorPlace (Ad)

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April 15, 2024 | finance.yahoo.com

CNB Financial Corp (CCNE) Posts Q1 Earnings, Exceeding Analyst EPS Projections

April 15, 2024 | sfgate.com

CNB: Q1 Earnings Snapshot

April 15, 2024 | globenewswire.com

CNB Financial Corporation Reports First Quarter 2024 Results

April 14, 2024 | americanbankingnews.com

CNB Financial (CCNE) to Release Quarterly Earnings on Monday

March 22, 2024 | finance.yahoo.com

Several Insiders Invested In CNB Financial Flagging Positive News

April 19, 2024 | InvestorPlace (Ad)

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February 24, 2024 | msn.com

CNB Financial (CCNE) Price Target Increased by 6.67% to 24.48

February 24, 2024 | finance.yahoo.com

There's A Lot To Like About CNB Financial's (NASDAQ:CCNE) Upcoming US$0.175 Dividend

February 8, 2024 | finance.yahoo.com

Down -7.97% in 4 Weeks, Here's Why CNB (CCNE) Looks Ripe for a Turnaround

February 1, 2024 | finance.yahoo.com

Is CNB Financial (CCNE) Stock Undervalued Right Now?

January 24, 2024 | markets.businessinsider.com

KBW Keeps Their Hold Rating on Cnb Financial (CCNE)

January 23, 2024 | finance.yahoo.com

CNB Financial Corporation Reports Fourth Quarter and Full-Year 2023 Results

January 23, 2024 | finance.yahoo.com

CNB Financial (CCNE) Beats Q4 Earnings and Revenue Estimates

December 27, 2023 | finance.yahoo.com

Investing in CNB Financial (NASDAQ:CCNE) three years ago would have delivered you a 22% gain

December 16, 2023 | ca.finance.yahoo.com

CCNE Mar 2024 12.500 call

December 14, 2023 | finance.yahoo.com

CNB (CCNE) Soars 6.2%: Is Further Upside Left in the Stock?

November 30, 2023 | finance.yahoo.com

CNB Financial Corporation Board Elects Jeffrey Powell as Chairperson

November 16, 2023 | finance.yahoo.com

With 57% institutional ownership, CNB Financial Corporation (NASDAQ:CCNE) is a favorite amongst the big guns

November 11, 2023 | morningstar.com

CNB Financial Corp CCNE

October 25, 2023 | benzinga.com

CNB Financial Stock (NASDAQ:CCNE) Earnings Dates and Earning Calls

October 23, 2023 | finance.yahoo.com

CNB Financial Corporation Reports Third Quarter 2023 Results

October 19, 2023 | bizjournals.com

FCBank's sister focused on women-owned business enters Central Ohio

September 24, 2023 | finance.yahoo.com

CNB Financial Insiders Added US$511k Of Stock To Their Holdings

August 28, 2023 | finance.yahoo.com

CNB Financial (NASDAQ:CCNE) Has Announced A Dividend Of $0.175

See More Headlines

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Company Calendar

Last Earnings: 1/23/2024
Ex-Dividend for 3/15 Dividend: 2/29/2024
Dividend Payable: 3/15/2024
Today: 4/19/2024
Next Earnings (Estimated): 7/18/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: Regional Banks
Current Symbol: NASDAQ:CCNE
CUSIP: 12612810
CIK: 736772
Web: www.cnbbank.bank
Phone: (814) 765-9621
Fax: 814-765-9621
Employees: 765
Year Founded: 1865

Price Target and Rating

Average Stock Price Target: $22.00
High Stock Price Target: $22.00
Low Stock Price Target: $22.00
Potential Upside/Downside: +22.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.38
Trailing P/E Ratio: 7.58
Forward P/E Ratio: 7.51
P/E Growth: N/A
Net Income: $58.02 million
Net Margins: 15.96%
Pretax Margin: 21.96%
Return on Equity: 10.85%
Return on Assets: 0.95%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 0.94
Quick Ratio: 0.94

Sales & Book Value

Annual Sales: $327.03 million
Price / Sales: 1.16
Cash Flow: $3.01 per share
Price / Cash Flow: 6.00
Book Value: $24.57 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 21,020,000
Free Float: 20,430,000
Market Cap: $378.99 million
Optionable: Optionable
Beta: 0.78

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Key Executives

Mr. Michael D. Peduzzi CPA (Age 58)
President, CEO & Director
Comp: $735.26k
Mr. Tito L. Lima (Age 59)
Senior EVP, CFO & Treasurer
Comp: $470.08k
Mr. Richard L. Greslick Jr. (Age 47)
Senior Executive VP, COO, Secretary & Director
Comp: $452.43k
Ms. Leanne D. Kassab (Age 56)
Senior Executive VP, Chief Experience Officer & Assistant Secretary
Comp: $407.8k
Mr. Martin T. Griffith (Age 61)
Senior EVP & Chief Banking Officer
Comp: $438.51k
Mr. Steven R. Shaffner Shilling (Age 53)
Executive VP & Chief Wealth Management Officer
Mr. Gregory M. Dixon CPA (Age 46)
Executive VP & Chief Credit Officer
Ms. Angela D. Wilcoxson (Age 53)
Executive VP & Chief Commercial Banking Officer
Ms. Heather J. Koptchak (Age 39)
Senior VP & Chief Employee Resources Officer
Mr. Darryl P. Koch (Age 38)
Executive VP and Chief Information Technology & Security Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CCNE Stock Analysis - Frequently Asked Questions

Should I buy or sell CNB Financial stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNB Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CCNE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCNE, but not buy additional shares or sell existing shares.
View CCNE analyst ratings or view top-rated stocks.
What is CNB Financial's stock price target for 2024?: 1 Wall Street research analysts have issued 12 month price targets for CNB Financial's shares. Their CCNE share price targets range from $22.00 to $22.00. On average, they expect the company's stock price to reach $22.00 in the next year. This suggests a possible upside of 22.0% from the stock's current price.
View analysts price targets for CCNE or view top-rated stocks among Wall Street analysts.
How have CCNE shares performed in 2024?: CNB Financial's stock was trading at $22.59 on January 1st, 2024. Since then, CCNE shares have decreased by 20.2% and is now trading at $18.03.
View the best growth stocks for 2024 here.
Are investors shorting CNB Financial?: CNB Financial saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 67,600 shares, a decline of 21.4% from the March 15th total of 86,000 shares. Based on an average daily volume of 47,900 shares, the short-interest ratio is currently 1.4 days.
View CNB Financial's Short Interest.
When is CNB Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our CCNE earnings forecast.
How were CNB Financial's earnings last quarter?: CNB Financial Co. (NASDAQ:CCNE) posted its quarterly earnings results on Tuesday, January, 23rd. The bank reported $0.62 EPS for the quarter, beating the consensus estimate of $0.54 by $0.08. The bank had revenue of $56.83 million for the quarter, compared to analysts' expectations of $55.10 million. CNB Financial had a trailing twelve-month return on equity of 10.85% and a net margin of 15.96%.

How often does CNB Financial pay dividends? What is the dividend yield for CNB Financial?: CNB Financial declared a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.175 per share on Friday, March 15th. This represents a $0.70 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for CCNE.
Is CNB Financial a good dividend stock?: CNB Financial (NASDAQ:CCNE) pays an annual dividend of $0.70 per share and currently has a dividend yield of 3.88%. The dividend payout ratio is 29.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CCNE will have a dividend payout ratio of 25.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CCNE.
What is Joseph B. Bower Jr.'s approval rating as CNB Financial's CEO?: 5 employees have rated CNB Financial Chief Executive Officer Joseph B. Bower Jr. on Glassdoor.com. Joseph B. Bower Jr. has an approval rating of 76% among the company's employees. 71.0% of employees surveyed would recommend working at CNB Financial to a friend.
What other stocks do shareholders of CNB Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other CNB Financial investors own include AT&T (T), Broadcom (AVGO), Enterprise Products Partners (EPD), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Cinemark (CNK), General Motors (GM), GSK (GSK), Main Street Capital (MAIN) and Methanex (MEOH).
Who are CNB Financial's major shareholders?: CNB Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.64%). Insiders that own company stock include Deborah Dick Pontzer, Francis X Straub III, Heather J Koptchak, Jeffrey S Powell, Joel E Peterson, Julie M Young, Julie M Young, Mary Ann Conaway, Michael D Peduzzi, Michael D Peduzzi, N Michael Obi, Nicholas N Jr Scott, Peter F Smith, Renee Richard and Tito L Lima.
View institutional ownership trends.
How do I buy shares of CNB Financial?: Shares of CCNE 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:CCNE) was last updated on 4/19/2024 by MarketBeat.com Staff

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CNB Financial (CCNE) Stock Price, News & Analysis

CNB Financial 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

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About CNB Financial Stock (NASDAQ:CCNE)

CCNE Stock Price History

CCNE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CCNE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™