CVB Financial Corp. (CVBF): What is Its Dividend Yield?

CVB Financial Corp. (NASDAQ:CVBF) saw an upside of 1.33% to close Friday at $20.64 after adding $0.27 on the day. The 5-day average trading volume is 535,020 shares of the company’s common stock. It has gained $20.85 in the past week and touched a new high 4 times within the past 5 days. An average of 585,590 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 483,698.

CVBF’s 1-month performance is 2.43% or $0.49 on its low of $18.72 reached on 09/20/21. The company’s shares have touched a 52-week low of $16.26 and high of $25.00, with the stock’s rally to the 52-week high happening on 03/12/21. YTD, CVBF has achieved 5.85% or $1.14 and has reached a new high 12 times. However, the current price is down -17.44%% from the 52-week high price.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 26.41 and a low of 10.16. CVBF stock has a beta of 0.53. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 6.46 while the price-to-book (PB) in the most recent quarter is 1.36, with the price to cash flow ratio at 49.71.

CVB Financial Corp. pays an annual dividend of $0.72 per share. Its dividend yield is 3.49% and the payout ratio is 46.00%. CVBF paid $0.18 a share compared with prior rate of $0.18, down 0.0% from last year’s. The company has boosted its dividend for the last 14 consecutive years with the latest dividend increase of $0.04 reported on Wednesday March 20 2019. Measured over the last 3 years, the Dividend has been growing by 38.46% yearly.

It is projected that CVB Financial Corp.’s next ex-dividend date will be on 5-Oct-2021. CVBF is expected to distribute $0.18 as its next dividend.

As well, the company’s long term debt to equity for the quarter ending June 29 was 0.00, while the total debt to equity was 0.00. The firm’s gross profit as reported stood at $416.05 million against revenue of $430.34 million.

The effectiveness of a company’s management is also important for investors when it comes to determining the potential profitability of the investment. CVB Financial Corp.’s return on assets over the past 12 months stands at 1.40%. Return on investment over the past year is 16.90%, while its return on equity (ROE) trailing 12 months is 10.50%. In comparison, the average ROE for the broader industry over the past year is 9.30.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected CVBF to announce $0.35 per share in earnings in its latest quarter, but it posted $0.38, representing a 8.60% surprise. CVBF stock balance sheet for the quarter ending June 29 shows that, with total debt at $618.67 million

Technical Picture

Let’s look briefly at CVB Financial Corp. (CVBF) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 68.29% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.38%.

The stock’s 5-day moving average is $20.51, reflecting a +4.40% or $0.87 change from its current price. CVBF is currently trading +2.84% above its 20-day SMA, -3.37% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +7.50% and +3.72% respectively.

Stochastic %K and %D was 87.94% and 87.66% and the average true range (ATR) pointed at 0.50. The RSI (14) points at 63.09%, while the 14-day stochastic is at 90.14% with the period’s ATR at 0.49. The stock’s 9-day MACD Oscillator is pointing at 0.56 and 0.89 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for CVB Financial Corp. (NASDAQ: CVBF), Hovde Group upgraded it to an Outperform rating. They previously had a Market perform rating on the stock. Analysts offering their rating for CVBF stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate CVBF as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.

What is CVBF’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $21.50 and a high of $24.00, with their median price target at $22.00. Looking at these predictions, the average price target given by analysts is for CVB Financial Corp. (CVBF) stock is $22.50.


Please enter your comment!
Please enter your name here


Hot Topics

Related Videos

Related Videos

Related Articles



Download Free eBook For



100% free. stop anytime no spam