Press coverage about Central Valley Community Bancorp (NASDAQ:CVCY) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Central Valley Community Bancorp earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 47.579012584054 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
CVCY has been the topic of several recent analyst reports. ValuEngine downgraded shares of Central Valley Community Bancorp from a “buy” rating to a “hold” rating in a report on Friday, May 19th. Zacks Investment Research raised shares of Central Valley Community Bancorp from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Monday, April 24th. Finally, FIG Partners reaffirmed a “market perform” rating and set a $24.00 price objective (up from $23.00) on shares of Central Valley Community Bancorp in a report on Sunday, July 23rd.
Central Valley Community Bancorp (NASDAQ:CVCY) opened at 20.88 on Tuesday. Central Valley Community Bancorp has a 12-month low of $13.75 and a 12-month high of $23.94. The firm’s 50-day moving average is $22.19 and its 200 day moving average is $21.08. The stock has a market capitalization of $254.97 million, a P/E ratio of 16.87 and a beta of 0.20.
Central Valley Community Bancorp (NASDAQ:CVCY) last posted its quarterly earnings results on Wednesday, July 19th. The financial services provider reported $0.40 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.10. Central Valley Community Bancorp had a net margin of 23.78% and a return on equity of 9.12%. The business had revenue of $17.88 million for the quarter, compared to analysts’ expectations of $15.85 million. Equities analysts expect that Central Valley Community Bancorp will post $1.22 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 18th. Stockholders of record on Friday, August 4th will be paid a dividend of $0.06 per share. The ex-dividend date is Wednesday, August 2nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.15%. Central Valley Community Bancorp’s dividend payout ratio (DPR) is presently 19.35%.
WARNING: This piece was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The correct version of this piece can be read at https://stocknewstimes.com/2017/08/08/central-valley-community-bancorp-cvcy-earns-daily-coverage-optimism-score-of-0-13.html.
About Central Valley Community Bancorp
Central Valley Community Bancorp is a bank holding company, which operates through its subsidiary, Central Valley Community Bank (the Bank). The Company’s principal business is to provide, through its banking subsidiary, financial services in its primary market area in California. It serves over seven contiguous counties in California’s central valley, including Fresno County, Madera County, Merced County, Sacramento County, San Joaquin County, Stanislaus County, and Tulare County, and surrounding areas through the Bank.
Receive News & Ratings for Central Valley Community Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central Valley Community Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.
