Community Trust Bancorp (CTBI) Earns Daily Media Impact Rating of 0.34
Media stories about Community Trust Bancorp (NASDAQ:CTBI) have been trending positive on Friday, Alpha One Sentiment reports. The research group, a service of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Community Trust Bancorp earned a daily sentiment score of 0.34 on Alpha One’s scale. Alpha One also assigned media stories about the financial services provider an impact score of 17 out of 100, indicating that recent press coverage is very unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Alpha One’s rankings:
- Community Trust Bancorp, Inc. Reports Earnings for the First Quarter 2017 (finance.yahoo.com)
- Positive News Coverage Somewhat Unlikely to Impact Community Trust Bancorp (CTBI) Stock Price (americanbankingnews.com)
- Zacks Investment Research Upgrades Community Trust Bancorp, Inc. (CTBI) to Buy (americanbankingnews.com)
- Community Trust Bancorp, Inc. (CTBI) Set to Announce Earnings on Tuesday (americanbankingnews.com)
- Somewhat Positive Press Coverage Very Unlikely to Effect Community Trust Bancorp (CTBI) Stock Price (americanbankingnews.com)
CTBI has been the subject of a number of recent research reports. Hilliard Lyons raised Community Trust Bancorp from an “underperform” rating to a “neutral” rating in a research report on Friday. Sandler O’Neill raised Community Trust Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, March 29th. Finally, Zacks Investment Research raised Community Trust Bancorp from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research report on Tuesday, January 10th.
Community Trust Bancorp (NASDAQ:CTBI) traded up 1.04% during trading on Friday, reaching $43.85. The company’s stock had a trading volume of 135,634 shares. The company’s 50-day moving average is $45.05 and its 200-day moving average is $43.75. Community Trust Bancorp has a 12 month low of $32.99 and a 12 month high of $51.35. The stock has a market cap of $772.46 million, a PE ratio of 16.25 and a beta of 0.61.
Community Trust Bancorp (NASDAQ:CTBI) last posted its quarterly earnings data on Wednesday, January 18th. The financial services provider reported $0.67 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by $0.02. Community Trust Bancorp had a return on equity of 9.60% and a net margin of 24.28%. The business earned $45.93 million during the quarter, compared to analysts’ expectations of $46.70 million. Equities analysts expect that Community Trust Bancorp will post $2.76 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Saturday, April 1st. Stockholders of record on Wednesday, March 15th were given a dividend of $0.32 per share. The ex-dividend date was Monday, March 13th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.92%. Community Trust Bancorp’s dividend payout ratio is presently 47.58%.
In other news, insider Andy D. Waters sold 770 shares of the company’s stock in a transaction on Monday, February 6th. The stock was sold at an average price of $45.87, for a total transaction of $35,319.90. Following the transaction, the insider now owns 1,568 shares of the company’s stock, valued at approximately $71,924.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 5.10% of the stock is owned by corporate insiders.
About Community Trust Bancorp
Community Trust Bancorp, Inc is a bank holding company. The Company holds interests in a commercial bank, Community Trust Bank, Inc (the Bank), and a trust company, Community Trust and Investment Company. Through its subsidiaries, the Company engages in a range of commercial and personal banking, and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes, and providing funds transfer services.
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