Central Valley Community Bancorp (CVCY) Earns News Impact Score of 0.04

Headlines about Central Valley Community Bancorp (NASDAQ:CVCY) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Central Valley Community Bancorp earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 48.1700276127397 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Central Valley Community Bancorp (NASDAQ:CVCY) traded down $0.01 during midday trading on Monday, hitting $20.47. The stock had a trading volume of 18,600 shares, compared to its average volume of 40,428. The company has a market capitalization of $278.01, a price-to-earnings ratio of 15.51, a P/E/G ratio of 2.02 and a beta of 0.24. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.67 and a current ratio of 0.67. Central Valley Community Bancorp has a one year low of $16.46 and a one year high of $23.94.

Central Valley Community Bancorp (NASDAQ:CVCY) last announced its earnings results on Wednesday, October 18th. The financial services provider reported $0.36 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.04. The company had revenue of $16.13 million for the quarter, compared to analyst estimates of $16.60 million. Central Valley Community Bancorp had a return on equity of 9.41% and a net margin of 24.80%. research analysts predict that Central Valley Community Bancorp will post 1.26 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 3rd were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.17%. Central Valley Community Bancorp’s dividend payout ratio (DPR) is currently 18.18%.

Several research firms recently issued reports on CVCY. Zacks Investment Research upgraded Central Valley Community Bancorp from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Friday, October 20th. ValuEngine upgraded Central Valley Community Bancorp from a “hold” rating to a “buy” rating in a report on Monday, August 7th. Finally, BidaskClub lowered Central Valley Community Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th.

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Central Valley Community Bancorp Company Profile

Central Valley Community Bancorp is a bank holding company, which operates through its subsidiary, Central Valley Community Bank (the Bank). The Company’s principal business is to provide, through its banking subsidiary, financial services in its primary market area in California. It serves over seven contiguous counties in California’s central valley, including Fresno County, Madera County, Merced County, Sacramento County, San Joaquin County, Stanislaus County, and Tulare County, and surrounding areas through the Bank.

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