
Civista Bancshares, Inc. (NASDAQ:CIVB – Free Report) – Equities research analysts at DA Davidson lowered their FY2025 earnings per share (EPS) estimates for shares of Civista Bancshares in a research note issued to investors on Monday, October 27th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings of $2.60 per share for the year, down from their previous forecast of $2.63. DA Davidson has a “Buy” rating and a $26.00 price objective on the stock. The consensus estimate for Civista Bancshares’ current full-year earnings is $2.28 per share. DA Davidson also issued estimates for Civista Bancshares’ Q4 2025 earnings at $0.59 EPS and FY2026 earnings at $2.45 EPS.
Several other analysts also recently weighed in on the company. Zacks Research raised Civista Bancshares from a “strong sell” rating to a “hold” rating in a research note on Monday, September 29th. Keefe, Bruyette & Woods boosted their price objective on Civista Bancshares from $26.00 to $27.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. Hovde Group downgraded Civista Bancshares from an “outperform” rating to a “market perform” rating and set a $22.00 price objective on the stock. in a research note on Monday, August 18th. Weiss Ratings reissued a “hold (c+)” rating on shares of Civista Bancshares in a research note on Wednesday, October 8th. Finally, Stephens dropped their price objective on Civista Bancshares from $27.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Civista Bancshares presently has a consensus rating of “Hold” and a consensus price target of $24.60.
Civista Bancshares Stock Down 0.2%
Shares of Civista Bancshares stock opened at $21.93 on Tuesday. The business’s fifty day moving average price is $20.83 and its two-hundred day moving average price is $21.45. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market capitalization of $423.47 million, a P/E ratio of 8.18 and a beta of 0.73. Civista Bancshares has a 1-year low of $17.47 and a 1-year high of $25.59.
Civista Bancshares (NASDAQ:CIVB – Get Free Report) last announced its earnings results on Thursday, October 23rd. The bank reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.07. The firm had revenue of ($123.87) million for the quarter, compared to the consensus estimate of $43.63 million. Civista Bancshares had a return on equity of 10.86% and a net margin of 17.42%.
Civista Bancshares Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 18th. Investors of record on Tuesday, November 4th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Tuesday, November 4th. Civista Bancshares’s payout ratio is presently 25.37%.
Hedge Funds Weigh In On Civista Bancshares
Hedge funds have recently modified their holdings of the stock. Federated Hermes Inc. grew its holdings in shares of Civista Bancshares by 306.6% in the 2nd quarter. Federated Hermes Inc. now owns 1,346 shares of the bank’s stock worth $31,000 after acquiring an additional 1,015 shares during the last quarter. Caldwell Trust Co purchased a new position in shares of Civista Bancshares during the second quarter valued at $32,000. CWM LLC grew its holdings in shares of Civista Bancshares by 43.7% during the first quarter. CWM LLC now owns 3,084 shares of the bank’s stock valued at $60,000 after buying an additional 938 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Civista Bancshares by 628.2% during the second quarter. Osaic Holdings Inc. now owns 3,226 shares of the bank’s stock valued at $75,000 after buying an additional 2,783 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Civista Bancshares by 784.7% during the second quarter. Tower Research Capital LLC TRC now owns 4,795 shares of the bank’s stock valued at $111,000 after buying an additional 4,253 shares in the last quarter. 52.10% of the stock is currently owned by institutional investors and hedge funds.
Civista Bancshares Company Profile
Civista Bancshares, Inc operates as the financial holding company for Civista Bank that provides community banking services. It collects a range of customer deposits; and offers commercial and agriculture, commercial and residential real estate, farm real estate, real estate construction, consumer, and other loans, as well as letters of credit.
Featured Stories
- Five stocks we like better than Civista Bancshares
- Using the MarketBeat Dividend Tax Calculator
- The Drone Arms Race: From Battlefield to Balance Sheet
- What Are the U.K. Market Holidays? How to Invest and Trade
- Why Wall Street Is Backing These 3 Comeback Stocks
- Most active stocks: Dollar volume vs share volume
- Intel’s Breakout Quarter: More Than a Beat, It’s a Declaration
Receive News & Ratings for Civista Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Civista Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.
