CVB Financial (CVBF) Earns Coverage Optimism Score of 0.18

Media stories about CVB Financial (NASDAQ:CVBF) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CVB Financial earned a news impact score of 0.18 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.0136012800571 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Several equities analysts recently issued reports on CVBF shares. ValuEngine cut CVB Financial from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Zacks Investment Research cut CVB Financial from a “hold” rating to a “sell” rating in a report on Monday, December 25th. Sandler O’Neill restated a “hold” rating and set a $24.00 target price on shares of CVB Financial in a report on Thursday, January 4th. Piper Jaffray Companies restated a “hold” rating on shares of CVB Financial in a report on Friday, October 6th. Finally, BidaskClub upgraded CVB Financial from a “sell” rating to a “hold” rating in a report on Friday. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. CVB Financial currently has a consensus rating of “Hold” and a consensus target price of $23.17.

CVB Financial (NASDAQ CVBF) opened at $24.42 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.02. CVB Financial has a 1-year low of $19.58 and a 1-year high of $25.49. The stock has a market capitalization of $2,690.03, a PE ratio of 23.48, a price-to-earnings-growth ratio of 2.11 and a beta of 1.50.

The business also recently announced a quarterly dividend, which will be paid on Monday, January 22nd. Shareholders of record on Friday, January 5th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date of this dividend is Thursday, January 4th. CVB Financial’s dividend payout ratio (DPR) is currently 53.85%.

ILLEGAL ACTIVITY NOTICE: This report was originally reported by Markets Daily and is owned by of Markets Daily. If you are reading this report on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be accessed at https://www.themarketsdaily.com/2018/01/22/cvb-financial-cvbf-earns-coverage-optimism-score-of-0-18.html.

CVB Financial Company Profile

CVB Financial Corp. (CVB) is the bank holding company for Citizens Business Bank (the Bank). The Bank operates through two segments: Business Financial and Commercial Banking Centers (Centers), and Other Operations. The Company’s administrative and other smaller operating departments are combined into the Other segment.

Insider Buying and Selling by Quarter for CVB Financial (NASDAQ:CVBF)

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

Latest News

Leave a Reply