Currently, there are 139.69M common shares owned by the public and among those 131.13M shares have been available to trade.
The company’s stock has a 5-day price change of -0.73% and -11.86% over the past three months. CVBF shares are trading -5.28% year to date (YTD), with the 12-month market performance up to 21.29% higher. It has a 12-month low price of $15.71 and touched a high of $24.58 over the same period. CVBF has an average intraday trading volume of 825.10K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.73%, -5.02%, and 6.34% respectively.
Institutional ownership of CVB Financial Corp (NASDAQ: CVBF) shares accounts for 76.00% of the company’s 139.69M shares outstanding.
It has a market capitalization of $2.83B and a beta (3y monthly) value of 0.46. The stock’s trailing 12-month PE ratio is 14.16, while the earnings-per-share (ttm) stands at $1.43. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.22% over the week and 2.43% over the month.
Earnings per share for the fiscal year are expected to decrease by -3.01%, and 9.55% over the next financial year.
Looking at the support for the CVBF, a number of firms have released research notes about the stock. Keefe Bruyette stated their Outperform rating for the stock in a research note on October 02, 2024, with the firm’s price target at $20-$22. Hovde Group was of a view on April 22, 2024 that the stock is Market Perform, while Stephens gave the stock Equal-Weight rating on December 08, 2023, issuing a price target of $21. Janney on their part issued Buy rating on May 25, 2023.
