TriCo Bancshares (NASDAQ:TCBK) declared a quarterly dividend on Thursday, June 13th, Analyst Ratings Network reports. Shareholders of record on Saturday, June 22nd will be given a dividend of $0.11 per share on Friday, June 28th. This represents a $0.44 dividend on an annualized basis and a yield of 2.07%.
A number of analysts have recently weighed in on TCBK shares. Analysts at Ativo Research upgraded shares of TriCo Bancshares from an “unfavorable” rating to a “neutral” rating in a research note to investors on Saturday, May 4th. On the ratings front, analysts at Zacks upgraded shares of TriCo Bancshares from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, May 2nd. They now have a $19.10 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of TriCo Bancshares from $17.00 to $19.00 in a research note to investors on Wednesday, May 1st.
TriCo Bancshares (NASDAQ: TCBK) opened at 21.22 on Friday. TriCo Bancshares has a 1-year low of $14.68 and a 1-year high of $21.27. The stock’s 50-day moving average is currently $19.26. The company has a market cap of $339.9 million and a price-to-earnings ratio of 14.53.
TriCo Bancshares (NASDAQ: TCBK) is a bank holding company that operates through its wholly owned subsidiary, Tri Counties Bank (the Bank).
