After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for CVB Financial Corp. (CVBF) shows that investor sentiment remained same, with the stock’s consolidated last price to $18.46. The CVB Financial Corp. has recorded 50,594 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that CVB Financial Corp. Reports Earnings for the Third Quarter 2023.
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Stocks Info
As a NASDAQ listed company, CVBF falls under the Financial sector while operating within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $18.46 and fluctuated between $18.72 as its day high and $18.07 as its day low. The current market capitalization of CVB Financial Corp. is $2.57B. A total of 1.26 million shares were traded on the day, compared to an average of 978.75K shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, CVBF has seen 1 BUY and 2 SELL insider trades, representing the acquisition of 97,006 and the disposition of 673 shares. Over the last 12 months, there were 28 BUYs and 29 SELLs from insiders. Insiders purchased 545,174 shares during that period but sold 64,247.
In the most recent transaction, Borba George A Jr bought 97,006 shares of CVBF for 16.83 per share on Nov 02. After the transaction, the Director now owns 566,710 company shares. In a previous transaction on Nov 01, Borba George A Jr bought 212,000 shares at 15.84 per share. CVBF shares that Director owns now total 469,704.
Among the insiders who bought shares, Borba George A Jr acquired of 92,704 shares on Aug 08 at a per-share price of $19.11. This resulted in the Director holding 257,704 shares of CVBF after the transaction. In another insider transaction, Borba George A Jr bought 165,000 shares at $19.52 per share on Aug 07. Company shares held by the Director now total 165,000.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. CVB Financial Corp. pays an annual dividend of $0.80, resulting in a dividend yield of 4.33%, and it has a price to earnings (P/E) ratio of 10.79. CVBF’s most recent ex-dividend date was 10/3/2023 when it declared a $0.20 quarterly dividend that was paid in cash on 10/19/2023. Previously, the company paid the dividend on 7/20/2023 with an ex-dividend date of 7/5/2023. The CVBF stock dividend was $0.20 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for CVBF in the last 3 months, the mean price target is $20.33 with high estimates of $23.00 and low estimates of $18.00. In terms of 52-week highs and lows, CVBF has a high of $28.87 and a low of $10.66.
As of this writing, CVBF has an earnings estimate of $0.39 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.41 per share and a lower estimate of $0.37. The company reported an EPS of $0.4 in the last quarter, which was 5.30% higher than expectations of $0.38.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $14.00, while its Total Shareholder’s Equity was $2.08B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CVBF is Buy with a score of 3.67.
