News articles about Civista Bancshares (NASDAQ:CIVB) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Civista Bancshares earned a daily sentiment score of 0.05 on Accern’s scale. Accern also assigned news stories about the bank an impact score of 46.5627850445022 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Civista Bancshares stock traded down $0.10 on Friday, hitting $23.27. 4,400 shares of the company traded hands, compared to its average volume of 31,510. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 0.97. The stock has a market cap of $235.01, a P/E ratio of 17.50, a price-to-earnings-growth ratio of 1.80 and a beta of 0.39. Civista Bancshares has a 12-month low of $18.82 and a 12-month high of $24.69.
Civista Bancshares (NASDAQ:CIVB) last posted its quarterly earnings data on Friday, January 26th. The bank reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.27 by $0.10. The firm had revenue of $18.19 million for the quarter, compared to analysts’ expectations of $17.71 million. Civista Bancshares had a net margin of 21.18% and a return on equity of 10.08%. analysts predict that Civista Bancshares will post 1.6 earnings per share for the current year.
Several research analysts have commented on the stock. Hovde Group set a $24.00 price target on shares of Civista Bancshares and gave the company a “hold” rating in a report on Wednesday, January 3rd. Zacks Investment Research upgraded shares of Civista Bancshares from a “hold” rating to a “strong-buy” rating and set a $25.00 price objective on the stock in a research report on Tuesday, January 2nd. Boenning Scattergood set a $24.00 price objective on shares of Civista Bancshares and gave the company a “buy” rating in a research report on Thursday, March 15th. Keefe, Bruyette & Woods restated a “buy” rating and set a $27.00 price objective on shares of Civista Bancshares in a research report on Friday, January 26th. Finally, Sandler O’Neill set a $26.00 price objective on shares of Civista Bancshares and gave the company a “buy” rating in a research report on Wednesday, March 14th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Civista Bancshares has a consensus rating of “Buy” and an average price target of $25.08.
Civista Bancshares Company Profile
Civista Bancshares, Inc operates as the financial holding company for Civista Bank that engages in the community banking business in Ohio. The company accepts noninterest-bearing and interest-bearing demand deposits, and certificates of deposit. It offers commercial, commercial and residential real estate mortgage, real estate construction, and consumer loans.
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