Central Valley Community Bancorp (NASDAQ:CVCY) Updates On Dividend Release Date


On 2016-07-26, Central Valley Community Bancorp (NASDAQ:CVCY) confirmed the dividend disbursement of $0.06 a share to shareholders as on record 2016-08-05. The firm will release dividend on 2016-08-19 while ex-dividend date is reported to be 2016-08-03.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Central Valley Community Bancorp (NASDAQ:CVCY) paid a total of $0.06 per share in dividends. This figure stood at $0.06 a share in the same period a year ago indicating a deviation of -10%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $15.5 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $17 and $13.5, respectively.

Taking the mathematical rating formula, the price for Central Valley Community Bancorp (NASDAQ:CVCY) stands at 2.5. Earnings Review Central Valley Community Bancorp (NASDAQ:CVCY) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $0.25.

Coming to the quarter ending on 2015-12-31, Central Valley Community Bancorp (NASDAQ:CVCY) recorded EPS of $0.55. The reported numbers came lower than the analysts’ estimates of $0.26, demonstrating a miss of $0.29 as against reported figures.

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