For the second quarter, (CHCO, Financial) announced a tangible book value per share of $41.76. Additionally, the company reported a robust Common Equity Tier 1 (CET1) capital ratio of 16.78%. These metrics underscore the company's strong financial position and risk management strategy, signaling potential stability and growth in the financial sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for City Holding Co (CHCO, Financial) is $121.80 with a high estimate of $128.00 and a low estimate of $106.00. The average target implies an downside of 1.83% from the current price of $124.07. More detailed estimate data can be found on the City Holding Co (CHCO) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, City Holding Co's (CHCO, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for City Holding Co (CHCO, Financial) in one year is $119.85, suggesting a downside of 3.4% from the current price of $124.07. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the City Holding Co (CHCO) Summary page.