Shares of Community Trust Bancorp (NASDAQ:CTBI) have been assigned a consensus broker rating score of 3.00 (Hold) from the three brokers that cover the stock, Zacks Investment Research reports. Three research analysts have rated the stock with a hold rating.
Zacks has also assigned Community Trust Bancorp an industry rank of 122 out of 265 based on the ratings given to its competitors.
Several equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Community Trust Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. ValuEngine lowered shares of Community Trust Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, BidaskClub upgraded shares of Community Trust Bancorp from a “hold” rating to a “buy” rating in a research report on Tuesday, April 10th.
CTBI stock traded down $0.35 during trading on Thursday, hitting $46.00. 22,302 shares of the company’s stock traded hands, compared to its average volume of 46,443. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.93 and a quick ratio of 0.93. Community Trust Bancorp has a 52 week low of $40.33 and a 52 week high of $51.90. The firm has a market cap of $802.30, a price-to-earnings ratio of 16.55 and a beta of 0.67.
Community Trust Bancorp (NASDAQ:CTBI) last released its earnings results on Wednesday, January 17th. The financial services provider reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.02). Community Trust Bancorp had a net margin of 25.22% and a return on equity of 9.52%. The business had revenue of $47.52 million for the quarter, compared to the consensus estimate of $48.00 million. analysts expect that Community Trust Bancorp will post 3.3 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Sunday, April 1st. Stockholders of record on Thursday, March 15th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, March 14th. This represents a $1.32 annualized dividend and a dividend yield of 2.87%. Community Trust Bancorp’s dividend payout ratio is currently 47.14%.
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About Community Trust Bancorp
Community Trust Bancorp, Inc operates as the bank holding company for Community Trust Bank, Inc that provides commercial and personal banking services to small and mid-sized communities. The company accepts time and demand deposits, Keogh plans, and savings certificates, as well as checking and savings, individual retirement, NOW, and money market accounts.
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