City National Corp. (NYSE: CYN) is scheduled to be posting its Q2 2013 quarterly earnings results after the market closes on Thursday, July 18th. Individual that wish to listen to the company’s earnings conference call can do so using this link.
City National Corp. (NYSE: CYN) last announced its earnings results on Thursday, April 18th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.92 by $0.02. During the same quarter last year, the company posted $0.86 earnings per share. On average, analysts expect City National Corp. to post $3.83 EPS for the current fiscal year and $3.97 EPS for the next fiscal year.
City National Corp. (NYSE: CYN) opened at 65.16 on Wednesday. City National Corp. has a 1-year low of $46.83 and a 1-year high of $67.41. The stock’s 50-day moving average is currently $63.0. The company has a market cap of $3.495 billion and a price-to-earnings ratio of 17.12.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of City National Corp. in a research note to investors on Wednesday, July 10th. They now have a $58.00 price target on the stock. On the ratings front, analysts at UBS AG raised their price target on shares of City National Corp. from $63.50 to $74.00 in a research note to investors on Wednesday, July 10th. They now have a “buy” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of City National Corp. from $59.00 to $63.00 in a research note to investors on Tuesday, July 9th. They now have a “market perform” rating on the stock.
Nine analysts have rated the stock with a hold rating and five have given a buy rating to the stock. City National Corp. has a consensus rating of “Hold” and an average target price of $59.21.
City National Corporation (NYSE: CYN) is a bank holding company and a financial holding company.