Capital City Bank Group (CCBG) Earning Positive Press Coverage, Analysis Finds
Headlines about Capital City Bank Group (NASDAQ:CCBG) have been trending positive this week, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Capital City Bank Group earned a news sentiment score of 0.29 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.4373514952209 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of research analysts have recently weighed in on CCBG shares. BidaskClub cut Capital City Bank Group from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Hovde Group lifted their price objective on Capital City Bank Group from $22.50 to $23.00 and gave the company a “market perform” rating in a research report on Thursday, July 27th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $23.00.
Capital City Bank Group (NASDAQ:CCBG) traded down 1.56% on Friday, hitting $24.01. The stock had a trading volume of 39,812 shares. Capital City Bank Group has a 12 month low of $14.13 and a 12 month high of $24.54. The stock has a market cap of $407.31 million, a P/E ratio of 32.49 and a beta of 0.70. The company’s 50 day moving average is $20.79 and its 200-day moving average is $20.41.
Capital City Bank Group (NASDAQ:CCBG) last announced its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $0.21 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.21. The business had revenue of $33.63 million for the quarter, compared to analyst estimates of $33.60 million. Capital City Bank Group had a return on equity of 4.49% and a net margin of 9.27%. Analysts forecast that Capital City Bank Group will post $0.82 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 19th. Stockholders of record on Tuesday, September 5th were paid a $0.07 dividend. This is an increase from Capital City Bank Group’s previous quarterly dividend of $0.05. The ex-dividend date was Thursday, August 31st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.17%. Capital City Bank Group’s dividend payout ratio is presently 37.84%.
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About Capital City Bank Group
Capital City Bank Group, Inc is a financial holding company. The Company provides a range of banking and banking-related services to individual and corporate clients through its subsidiary, Capital City Bank (CCB or the Bank), with banking offices located in Florida, Georgia and Alabama. It operates through commercial banking segment with over four principal services, including Banking Services (CCB), Data Processing Services (Capital City Services Company), Trust and Asset Management Services (Capital City Trust Company) and Brokerage Services (Capital City Banc Investments, Inc).
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