CNB Financial Corp-PA

CNB Financial Corp-PA Stock Forecast & Price Prediction

Live CNB Financial Corp-PA Stock (CCNE) Price
$27.54

2

Ratings

  • Buy 1
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$27.54

P/E Ratio

11.76

Volume Traded Today

$46,913

Dividend

$0.18

52 Week High/low

29.29/17.74

CNB Financial Corp-PA Market Cap

$575.4M

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CCNE Summary

Based on ratings from 2 stock analysts, the CNB Financial Corp-PA stock price is expected to increase by 5.3% in 12 months. This is calculated by using the average 12-month stock price forecast for CNB Financial Corp-PA. The lowest target is $28 and the highest is $30. Please note analyst price targets are not guaranteed and could be missed completely.

CCNE Analyst Ratings

About 2 Wall Street analysts have assignedCCNE 1 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect CNB Financial Corp-PA to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CCNE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CCNE stock forecast by analyst

These are the latest 20 analyst ratings of CCNE.

Analyst/Firm

Rating

Price Target

Change

Date

Timothy Switzer
Keefe, Bruyette & Woods

Market Perform

$30

Maintains

Dec 4, 2024
Timothy Switzer
Keefe, Bruyette & Woods

Market Perform

$22

Maintains

Apr 17, 2024
Michael Perito
Keefe, Bruyette & Woods

Market Perform

$24

Maintains

Apr 6, 2023

Keefe Bruyette & Woods

Market Perform


Initiates

Apr 11, 2018
Michael Perito
Keefe, Bruyette & Woods

Market Perform

$35

Initiates

Apr 11, 2018

Boenning & Scattergood

Outperform


Upgrade

Feb 3, 2014

CCNE Company Information

What They Do: Provides a range of banking products and services.

Business Model: The company operates as a bank holding entity, generating revenue through a diverse array of banking services including deposits, loans, private banking, and wealth management. It services individual, business, governmental, and institutional clients, offering loans for real estate, commercial, and consumer needs while also engaging in investment activities and selling insurance products.

Other Information: Founded in 1865 and headquartered in Clearfield, Pennsylvania, the company has a longstanding presence in the financial sector. Its comprehensive service offerings aim to cater to various customer needs, positioning it well in the competitive banking industry.
CCNE
CNB Financial Corp-PA (CCNE)

When did it IPO

1996

Staff Count

765

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Michael D. Peduzzi CPA

Market Cap

$575.4M

CNB Financial Corp-PA (CCNE) Financial Data

In 2023, CCNE generated $218.1M in revenue, which was a decrease of -0.68% from the previous year. This can be seen as a signal that CCNE's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$159.6M

Revenue From 2021

$189.4M

18.63 %
From Previous Year

Revenue From 2022

$219.6M

15.97 %
From Previous Year

Revenue From 2023

$218.1M

-0.68 %
From Previous Year
  • Revenue TTM $216.5M
  • Operating Margin TTM 32.3%
  • Gross profit TTM $0
  • Return on assets TTM 0.9%
  • Return on equity TTM 9.3%
  • Profit Margin 24.7%
  • Book Value Per Share 26.36%
  • Market capitalisation $575.4M
  • Revenue for 2021 $189.4M
  • Revenue for 2022 $219.6M
  • Revenue for 2023 $218.1M
  • EPS this year (TTM) $2.33

CNB Financial Corp-PA (CCNE) Latest News

News Image

Mon, 02 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks emphasizes its Rank system based on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.

Why It Matters - Zacks' emphasis on earnings estimates and revisions signals potential stock performance, guiding investors towards high-quality picks based on current value, growth, and momentum trends.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - CNB Financial Corporation (Nasdaq: CCNE) declared a quarterly cash dividend of $0.18 per share, payable on December 13, 2024, to shareholders of record by November 29, 2024.

Why It Matters - The declaration of a quarterly cash dividend signals financial stability and profitability for CNB Financial Corporation, potentially attracting dividend-focused investors and boosting stock value.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks emphasizes its Rank system based on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.

Why It Matters - Zacks' emphasis on earnings estimates and revisions signals a focus on identifying strong stocks, which can lead to informed investment decisions and potential market outperformance.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - CNB Financial Corporation (Nasdaq: CCNE) declared a quarterly cash dividend of $0.4453125 per depositary share, payable on November 29, 2024, to shareholders on record by November 15, 2024.

Why It Matters - The declaration of a quarterly cash dividend indicates CNB Financial's ongoing profitability and commitment to returning value to shareholders, which can positively influence investor sentiment and stock price.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CNB (CCNE) has received a Zacks Rank #2 (Buy) upgrade, indicating growing optimism about its earnings prospects, which may lead to a potential increase in stock price.

Why It Matters - CNB's upgrade to Zacks Rank #2 signals potential earnings growth, suggesting stronger performance ahead, which can drive investor interest and stock price appreciation.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - CNB Financial Corporation (NASDAQ: CCNE) announced its earnings for the three and nine months ended September 30, 2024. Further details on performance were not provided in the excerpt.

Why It Matters - Earnings reports indicate financial health and performance trends, impacting stock valuation and investor sentiment for CNB Financial Corporation.

...

CCNE Frequently asked questions

The highest forecasted price for CCNE is $30 from Timothy Switzer at Keefe, Bruyette & Woods.

The lowest forecasted price for CCNE is $28 from from

The CCNE analyst ratings consensus are 1 buy ratings, 1 hold ratings, and 0 sell ratings.