City Holding Company (NASDAQ:CHCO) has been assigned an average broker rating score of 3.00 (Hold) from the three brokers that cover the stock, Zacks Investment Research reports. Three investment analysts have rated the stock with a hold rating.
Brokerages have set a 12-month consensus price target of $48.00 for the company and are expecting that the company will post $0.74 EPS for the current quarter, according to Zacks. Zacks has also assigned City Holding Company an industry rank of 45 out of 265 based on the ratings given to related companies.
City Holding Company (NASDAQ:CHCO) opened at 45.64 on Monday. The stock’s 50 day moving average is $47.55 and its 200 day moving average is $48.35. City Holding Company has a one year low of $41.59 and a one year high of $52.28. The company has a market capitalization of $698.29 million and a PE ratio of 12.70.
City Holding Company (NASDAQ:CHCO) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $0.69 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.75 by $0.06. During the same period last year, the company earned $0.76 EPS. On average, analysts anticipate that City Holding Company will post $3.41 earnings per share for the current fiscal year.
In other news, CEO Charles R. Hageboeck sold 3,116 shares of the stock in a transaction on Wednesday, November 11th. The shares were sold at an average price of $50.40, for a total value of $157,046.40. Following the transaction, the chief executive officer now owns 71,372 shares of the company’s stock, valued at approximately $3,597,148.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
A number of equities research analysts have issued reports on CHCO shares. Zacks Investment Research raised shares of City Holding Company from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research report on Thursday, September 24th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $48.00 price objective (down from $49.00) on shares of City Holding Company in a research report on Monday, October 26th.
City Holding Company is a financial holding company. The Company conducts its principal activities through its wholly owned subsidiary, City National Bank of West Virginia (NASDAQ:CHCO). City National provides banking, trust and investment management and other financial solutions through its network of around 82 banking offices located in the states of West Virginia, Virginia, eastern Kentucky and southeastern Ohio. City National offers various products and services, including commercial banking, consumer banking, mortgage banking, and wealth management and trust services. City National provides credit, deposit and investment advisory products and services to rural and small community markets in addition to cities, including Charleston, Huntington, Winchester, Staunton, Virginia Beach, Ashland and Martinsburg.
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