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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.