Headlines about City (NASDAQ:CHCO) have been trending 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. City earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 47.2989611321898 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.

Here are some of the media headlines that may have impacted Accern’s analysis:

Shares of City (CHCO) opened at $68.02 on Thursday. City has a twelve month low of $58.80 and a twelve month high of $74.90. The stock has a market capitalization of $1,060.00, a PE ratio of 17.76, a P/E/G ratio of 1.65 and a beta of 0.84. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.03.

City (NASDAQ:CHCO) last released its earnings results on Wednesday, October 18th. The bank reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.01. The business had revenue of $45.90 million for the quarter, compared to analyst estimates of $47.18 million. City had a return on equity of 12.34% and a net margin of 29.25%. City’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.88 earnings per share. analysts expect that City will post 3.84 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Monday, January 15th will be paid a $0.46 dividend. This is a positive change from City’s previous quarterly dividend of $0.44. The ex-dividend date is Thursday, January 11th. This represents a $1.84 annualized dividend and a yield of 2.71%. City’s dividend payout ratio is currently 45.95%.

CHCO has been the topic of several analyst reports. BidaskClub upgraded City from a “sell” rating to a “hold” rating in a report on Thursday, September 21st. Zacks Investment Research lowered City from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. Finally, Sandler O’Neill set a $72.00 target price on City and gave the stock a “hold” rating in a report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $70.75.

In other City news, CFO David L. Bumgarner sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $73.00, for a total value of $73,000.00. Following the sale, the chief financial officer now owns 10,965 shares in the company, valued at $800,445. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 3.88% of the stock is owned by corporate insiders.

ILLEGAL ACTIVITY WARNING: This article was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright law. The correct version of this article can be read at https://www.thecerbatgem.com/2018/01/11/city-chco-earning-favorable-media-coverage-report-finds.html.

About City

City Holding Company is a financial holding company. The Company conducts its principal activities through its subsidiary, City National Bank of West Virginia (City National). As of December 31, 2016, the City National provided banking, trust and investment management and other financial solutions through its network of 85 banking offices located in the states of West Virginia, Virginia, eastern Kentucky and southeastern Ohio.

Insider Buying and Selling by Quarter for City (NASDAQ:CHCO)

Receive News & Ratings for City Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for City and related companies with MarketBeat.com's FREE daily email newsletter.