With 0.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.89 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $18.79 whereas the lowest price it dropped to was $17.85. The 52-week range on CVBF shows that it touched its highest point at $21.77 and its lowest point at $14.62 during that stretch. It currently has a 1-year price target of $21.00. With its current market cap of 2.53 billion, CVBF has annualized dividend of $0.80 while the current yield stands at 4.42%. Beta for the stock currently stands at 0.45.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CVBF was up-trending over the past week, with a rise of 6.90%, but this was up by 4.92% over a month. Three-month performance surged to 9.55% while six-month performance rose 9.75%. The stock gained 7.99% in the past year, while it has lost -10.25% so far this year. A look at the trailing 12-month EPS for CVBF yields 1.47 with Next year EPS estimates of 1.45. For the next quarter, that number is 0.34. This implies an EPS growth rate of -12.04% for this year and 3.88% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.03%.
Float and Shares Shorts:
At present, 139.34 million CVBF shares are outstanding with a float of 131.26 million shares on hand for trading. On 2024-08-30, short shares totaled 6.5 million, which was 465.00000000000006 higher than short shares on 1722384000. In addition to Mr. David A. Brager as the firm’s President, CEO & Director, Mr. E. Allen Nicholson serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.74841005 of CVBF’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CVBF since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
