ChoiceOne Financial Services Inc

ChoiceOne Financial Services Inc Stock Forecast & Price Prediction

Live ChoiceOne Financial Services Inc Stock (COFS) Price
$37.48

1

Ratings

  • Buy 1
  • Hold 0
  • 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

$37.48

P/E Ratio

11.86

Volume Traded Today

$9,100

Dividend

$0.27

52 Week High/low

37.94/21.52

ChoiceOne Financial Services Inc Market Cap

$335.7M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $COFS ๐Ÿ›‘

Before you buy COFS you'll want to see this list of ten stocks that have huge potential. Want to see if COFS made the cut? Enter your email below

COFS Summary

The ChoiceOne Financial Services Inc (COFS) share price is expected to decrease by 1.28% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered COFS. Price targets range from $37 at the low end to $37 at the high end. The current analyst consensus for COFS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

COFS Analyst Ratings

About 1 Wall Street analysts have assigned COFS 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect ChoiceOne Financial Services Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on COFS. 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.

COFS stock forecast by analyst

These are the latest 20 analyst ratings of COFS.

Analyst/Firm

Rating

Price Target

Change

Date

Jeff Rulis
DA Davidson

Buy

$37

Initiates

Oct 18, 2024
Daniel Cardenas
Janney Montgomery Scott

Neutral

$24

Initiates

Sep 27, 2023

COFS Company Information

What They Do: Provides banking and financial services in Michigan.

Business Model: The company operates as a bank holding company, generating revenue primarily through a range of banking services. It earns income from various deposit products, commercial and consumer loans, and investment products, in addition to selling insurance and providing trust and wealth management services.

Other Information: Founded in 1898 and headquartered in Sparta, Michigan, the company serves a diverse clientele, including corporations, partnerships, and individuals. Its extensive product offerings cater to both commercial and consumer needs, positioning it well within the financial services industry.
COFS
ChoiceOne Financial Services Inc (COFS)

When did it IPO

2000

Staff Count

371

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Kelly J. Potes CFP

Market Cap

$335.7M

ChoiceOne Financial Services Inc (COFS) Financial Data

In 2023, COFS generated $80.8M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that COFS's business is growing, and its share price could be worth more 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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$80.8M

0.00 %
From Previous Year
  • Revenue TTM $87.9M
  • Operating Margin TTM 42.6%
  • Gross profit TTM $0
  • Return on assets TTM 0.9%
  • Return on equity TTM 11.6%
  • Profit Margin 28.3%
  • Book Value Per Share 27.65%
  • Market capitalisation $335.7M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $80.8M
  • EPS this year (TTM) $3.16

ChoiceOne Financial Services Inc (COFS) Latest News

News Image

Wed, 20 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Kahn Swick & Foti is investigating the proposed sale of Fentura Financial (OTC: FETM) to ChoiceOne Financial (NasdaqCM: COFS), where Fentura shareholders would receive 1.35 shares of ChoiceOne per share owned.

Why It Matters - The investigation into Fentura Financial's sale to ChoiceOne could affect shareholder value and the perceived fairness of the transaction, impacting investor confidence and stock prices.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - ChoiceOne Financial Services, Inc. (NASDAQ: COFS) announced its financial results for Q3 2024, ending September 30. Further details on performance were not provided in the excerpt.

Why It Matters - ChoiceOne's quarterly financial results can impact stock performance, affecting investor sentiment and market valuation of COFS. Positive results may lead to price appreciation, while negative results can trigger declines.

News Image

Wed, 23 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - ChoiceOne Financial Services, Inc. (COFS) reported Q3 earnings of $0.93 per share, surpassing the Zacks estimate of $0.74 and up from $0.68 per share year-over-year.

Why It Matters - ChoiceOne Financial's strong earnings beat signals robust financial health and growth, potentially boosting investor confidence and influencing stock performance positively.

News Image

Fri, 18 Oct 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - Top Wall Street analysts have updated their outlook on several major stocks. For detailed ratings changes, visit the analyst ratings page for comprehensive information.

Why It Matters - Analyst rating changes can influence stock prices, reflecting shifts in market sentiment and potential investment opportunities or risks for specific companies.

News Image

Sat, 21 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Halper Sadeh LLC is investigating the fairness of the merger between ChoiceOne Financial Services, Inc. (NASDAQ: COFS) and Fentura Financial, Inc. for ChoiceOne shareholders.

Why It Matters - The investigation into the merger's fairness could impact shareholder value and market perception, potentially leading to volatility in ChoiceOne's stock price.

News Image

Thu, 19 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - ChoiceOne Financial Services and ChoiceOne Bank received the 2023 Lender of the Year Award from the Michigan Certified Development Corporation, recognizing their lending achievements.

Why It Matters - Recognition as Lender of the Year enhances ChoiceOne's reputation, potentially attracting more clients and boosting financial performance, which can positively impact stock value.

...

COFS Frequently asked questions

The highest forecasted price for COFS is $37 from Jeff Rulis at DA Davidson.

The lowest forecasted price for COFS is $37 from Jeff Rulis from DA Davidson

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