DA Davidson Estimates City’s Q1 Earnings (NASDAQ:CHCO)

City Holding (NASDAQ:CHCO) – Equities research analysts at DA Davidson issued their Q1 2025 EPS estimates for City in a research note issued on Wednesday, February 5th. DA Davidson analyst M. Navas expects that the bank will post earnings per share of $1.83 for the quarter. The consensus estimate for City’s current full-year earnings is $7.53 per share. DA Davidson also issued estimates for City’s FY2026 earnings at $7.85 EPS.

City (NASDAQ:CHCO) last released its quarterly earnings results on Thursday, January 23rd. The bank reported $1.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.03. City had a return on equity of 16.49% and a net margin of 30.83%.

Other equities analysts have also recently issued reports about the company. Piper Sandler dropped their price objective on City from $135.00 to $125.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th. Keefe, Bruyette & Woods boosted their price target on shares of City from $120.00 to $130.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th.

City Stock Up 0.3 %

CHCO stock opened at $119.55 on Thursday. The stock’s 50 day moving average is $122.04 and its 200-day moving average is $120.29. City has a twelve month low of $97.50 and a twelve month high of $137.28. The firm has a market capitalization of $1.76 billion, a PE ratio of 15.15 and a beta of 0.51. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.21.

Institutional Investors Weigh In On City

Several large investors have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC boosted its position in City by 710.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 462 shares of the bank’s stock worth $56,000 after purchasing an additional 405 shares during the period. nVerses Capital LLC bought a new position in City in the 3rd quarter worth approximately $59,000. KBC Group NV grew its stake in City by 60.3% in the 4th quarter. KBC Group NV now owns 843 shares of the bank’s stock valued at $100,000 after buying an additional 317 shares in the last quarter. Point72 DIFC Ltd bought a new stake in City during the 3rd quarter valued at $134,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of City during the third quarter worth $199,000. Hedge funds and other institutional investors own 72.43% of the company’s stock.

Insider Transactions at City

In other news, CFO David L. Bumgarner sold 556 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $120.00, for a total transaction of $66,720.00. Following the completion of the sale, the chief financial officer now owns 9,395 shares in the company, valued at $1,127,400. This trade represents a 5.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP John A. Derito sold 1,243 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $136.93, for a total value of $170,203.99. Following the completion of the transaction, the executive vice president now owns 28,757 shares in the company, valued at approximately $3,937,696.01. The trade was a 4.14 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,864 shares of company stock worth $1,025,556 in the last ninety days. Company insiders own 2.39% of the company’s stock.

City Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a dividend yield of 2.64%. The ex-dividend date was Wednesday, January 15th. City’s dividend payout ratio is presently 40.05%.

City Company Profile

City Holding Company operates as a holding company for City National Bank of West Virginia that provides various banking, trust, and investment management, and other financial solutions in the United States. The company offers checking, savings, and money market accounts, as well as certificates of deposit and individual retirement accounts.