ChoiceOne Financial Services Inc is a banks-regional business based in the US. ChoiceOne Financial Services shares (COFS) are listed on the NASDAQ and all prices are listed in US Dollars. ChoiceOne Financial Services employs 390 staff and has a trailing 12-month revenue of around $80.2 million.
How to buy shares in ChoiceOne Financial Services
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- Research the stock. Find the stock by name or ticker symbol – COFS – and research it before deciding if it's a good investment for you.
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What's in this guide?
- COFS shares summary
- Compare share dealing platforms
- Is COFS stock a buy or sell?
- Stock performance over time
- Are COFS shares over-valued?
- ChoiceOne Financial Services's financials
- How volatile are COFS shares?
- Does ChoiceOne Financial Services pay a dividend?
- Have COFS shares ever split?
- Other common questions
ChoiceOne Financial Services stock price (NASDAQ: COFS)Use our graph to track the performance of COFS stocks over time.
ChoiceOne Financial Services shares at a glance
|Latest market close||$21.82|
|52-week range||$18.98 - $28.12|
|50-day moving average||$21.54|
|200-day moving average||$23.30|
|Wall St. target price||N/A|
|Dividend yield||$1 (4.6%)|
|Earnings per share (TTM)||$2.90|
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Is it a good time to buy ChoiceOne Financial Services stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
ChoiceOne Financial Services price performance over time
|1 week (2022-09-29)||0.60%|
|1 month (2022-09-06)||-1.53%|
|3 months (2022-07-06)||10.15%|
|6 months (2022-04-06)||-11.30%|
|1 year (2021-10-06)||-10.21%|
|2 years (2020-10-06)||-28.99%|
|3 years (2019-10-04)||28.85|
|5 years (2017-10-04)||22.03|
Is ChoiceOne Financial Services stock undervalued or overvalued?
Valuing ChoiceOne Financial Services stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of ChoiceOne Financial Services's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
ChoiceOne Financial Services's P/E ratio
ChoiceOne Financial Services's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, ChoiceOne Financial Services shares trade at around 7x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
ChoiceOne Financial Services financials
|Revenue TTM||$80.2 million|
|Operating margin TTM||35.24%|
|Gross profit TTM||$79.4 million|
|Return on assets TTM||0.98%|
|Return on equity TTM||11.09%|
|Market capitalisation||$163.1 million|
TTM: trailing 12 months
ChoiceOne Financial Services share dividends
Dividend payout ratio: 34.53% of net profits
Recently ChoiceOne Financial Services has paid out, on average, around 34.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.6% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), ChoiceOne Financial Services shareholders could enjoy a 4.6% return on their shares, in the form of dividend payments. In ChoiceOne Financial Services's case, that would currently equate to about $1 per share.
While ChoiceOne Financial Services's payout ratio might seem fairly standard, it's worth remembering that ChoiceOne Financial Services may be investing much of the rest of its net profits in future growth.
ChoiceOne Financial Services's most recent dividend payout was on 30 September 2022. The latest dividend was paid out to all shareholders who bought their shares by 14 September 2022 (the "ex-dividend date").
Have ChoiceOne Financial Services's shares ever split?
ChoiceOne Financial Services's shares were split on a 105:100 basis on 9 May 2018. So if you had owned 100 shares the day before before the split, the next day you'd have owned 105 shares. This wouldn't directly have changed the overall worth of your ChoiceOne Financial Services shares – just the quantity. However, indirectly, the new 4.8% lower share price could have impacted the market appetite for ChoiceOne Financial Services shares which in turn could have impacted ChoiceOne Financial Services's share price.
ChoiceOne Financial Services share price volatility
Over the last 12 months, ChoiceOne Financial Services's shares have ranged in value from as little as $18.9788 up to $28.1225. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while ChoiceOne Financial Services's is 0.4571. This would suggest that ChoiceOne Financial Services's shares are less volatile than average (for this exchange).
ChoiceOne Financial Services overview
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, Lapeer, Macomb, and St. Clair counties, Michigan.
ChoiceOne Financial Services in the news
Patrick Cronin Retires from ChoiceOne Holding Company and Bank Boards of Directors
Frequently asked questionsWhat percentage of ChoiceOne Financial Services is owned by insiders or institutions?
Currently 7.981% of ChoiceOne Financial Services shares are held by insiders and 10.811% by institutions. How many people work for ChoiceOne Financial Services?
Latest data suggests 390 work at ChoiceOne Financial Services. When does the fiscal year end for ChoiceOne Financial Services?
ChoiceOne Financial Services's fiscal year ends in December. Where is ChoiceOne Financial Services based?
ChoiceOne Financial Services's address is: 109 East Division Street, Sparta, MI, United States, 49345 What is ChoiceOne Financial Services's ISIN number?
ChoiceOne Financial Services's international securities identification number is: US1703861062 What is ChoiceOne Financial Services's CUSIP number?
ChoiceOne Financial Services's Committee on Uniform Securities Identification Procedures number is: 170386106
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