Civista Bancshares (CIVB) Getting Favorable Media Coverage, Study Shows

News articles about Civista Bancshares (NASDAQ:CIVB) have trended positive on Thursday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Civista Bancshares earned a news sentiment score of 0.27 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 46.1666811857809 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of Civista Bancshares (NASDAQ:CIVB) traded up $0.41 during trading hours on Thursday, hitting $22.54. The stock had a trading volume of 19,500 shares, compared to its average volume of 18,255. The stock has a market capitalization of $225.08, a P/E ratio of 17.21, a P/E/G ratio of 1.89 and a beta of 0.55. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.95 and a current ratio of 0.95. Civista Bancshares has a twelve month low of $18.59 and a twelve month high of $23.76.

Civista Bancshares (NASDAQ:CIVB) last announced its quarterly earnings data on Friday, October 27th. The bank reported $0.29 EPS for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.01). The business had revenue of $17.15 million during the quarter, compared to analysts’ expectations of $17.60 million. Civista Bancshares had a net margin of 21.56% and a return on equity of 10.32%. research analysts forecast that Civista Bancshares will post 1.23 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Tuesday, January 23rd will be given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend is Monday, January 22nd. Civista Bancshares’s dividend payout ratio is currently 21.37%.

A number of equities analysts have recently weighed in on the company. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $25.50 price target on shares of Civista Bancshares in a report on Friday, December 22nd. Hovde Group set a $24.00 price target on Civista Bancshares and gave the stock a “hold” rating in a report on Wednesday, January 3rd. Zacks Investment Research cut Civista Bancshares from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. ValuEngine cut Civista Bancshares from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 30th. Finally, Sandler O’Neill reissued a “buy” rating and issued a $25.00 price target (up from $23.50) on shares of Civista Bancshares in a report on Friday, October 6th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Civista Bancshares currently has an average rating of “Buy” and a consensus target price of $24.67.

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Civista Bancshares Company Profile

Civista Bancshares, Inc is a financial holding company. The Company, through the subsidiary bank, Civista Bank, is primarily engaged in the business of community banking. Civista Bank, located in Erie, Crawford, Champaign, Cuyahoga, Franklin, Logan, Madison, Montgomery, Summit, Huron, Ottawa and Richland Counties, Ohio, conducts a general banking business that involves collecting customer deposits, making loans, purchasing securities, and offering Trust services.

Insider Buying and Selling by Quarter for Civista Bancshares (NASDAQ:CIVB)

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