What is DA Davidson’s Forecast for City Q1 Earnings?

City Holding (NASDAQ:CHCO) – DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for City in a research report issued to clients and investors on Wednesday, February 5th. DA Davidson analyst M. Navas expects that the bank will earn $1.83 per share 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.

A number of other equities research analysts have also recently commented on the company. Keefe, Bruyette & Woods increased their target price on City from $120.00 to $130.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Piper Sandler cut their target price on City from $135.00 to $125.00 and set a “neutral” rating on the stock in a research note on Friday, January 24th.

City Price Performance

Shares of CHCO stock opened at $120.31 on Thursday. City has a twelve month low of $97.50 and a twelve month high of $137.28. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 15.25 and a beta of 0.51. The business’s fifty day moving average is $121.80 and its 200 day moving average is $120.29. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.21.

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

City Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were issued a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend was Wednesday, January 15th. City’s payout ratio is currently 40.05%.

Insider Activity

In other news, CEO Charles R. Hageboeck sold 6,065 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $130.03, for a total transaction of $788,631.95. Following the transaction, the chief executive officer now directly owns 44,974 shares of the company’s stock, valued at $5,847,969.22. This represents a 11.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP John A. Derito sold 1,243 shares of the company’s stock in a transaction 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 transaction, the executive vice president now directly owns 28,757 shares in the company, valued at approximately $3,937,696.01. The trade was a 4.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,864 shares of company stock valued at $1,025,556 over the last ninety days. 2.39% of the stock is currently owned by corporate insiders.

Institutional Trading of City

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC increased its holdings in City by 710.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 462 shares of the bank’s stock valued at $56,000 after buying an additional 405 shares during the last quarter. nVerses Capital LLC purchased a new stake in City during the third quarter valued at approximately $59,000. KBC Group NV increased its holdings in City by 60.3% during the fourth quarter. KBC Group NV now owns 843 shares of the bank’s stock valued at $100,000 after buying an additional 317 shares during the last quarter. Point72 DIFC Ltd purchased a new stake in City during the third quarter valued at approximately $134,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in City during the third quarter valued at approximately $199,000. 72.43% of the stock is owned by hedge funds and other institutional investors.

About City

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.