Headlines about Capital City Bank Group (NASDAQ:CCBG) have been trending positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 impact score of 0.32 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.3836255141023 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
CCBG has been the topic of a number of recent research reports. Zacks Investment Research cut Capital City Bank Group from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. BidaskClub upgraded Capital City Bank Group from a “hold” rating to a “buy” rating in a report on Tuesday. Hovde Group upgraded Capital City Bank Group from a “market perform” rating to an “outperform” rating and set a $26.50 price target on the stock in a report on Wednesday, January 24th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $27.00 price target on shares of Capital City Bank Group in a report on Wednesday, January 24th. Finally, Sandler O’Neill raised Capital City Bank Group from a “sell” rating to a “hold” rating and set a $24.00 price objective for the company in a research report on Wednesday, January 24th. Four research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $26.13.
Capital City Bank Group (CCBG) traded up $0.06 during midday trading on Wednesday, hitting $24.15. The company had a trading volume of 43,040 shares, compared to its average volume of 18,492. Capital City Bank Group has a fifty-two week low of $17.68 and a fifty-two week high of $26.33. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.24. The firm has a market cap of $409.73, a PE ratio of 27.44 and a beta of 0.74.
Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings results on Tuesday, January 23rd. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. Capital City Bank Group had a return on equity of 5.29% and a net margin of 7.83%. The firm had revenue of $34.39 million for the quarter. sell-side analysts predict that Capital City Bank Group will post 1.41 earnings per share for the current fiscal year.
In other news, Treasurer Thomas A. Barron sold 4,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $25.17, for a total value of $100,680.00. Following the sale, the treasurer now directly owns 127,717 shares in the company, valued at approximately $3,214,636.89. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 26.17% of the company’s stock.
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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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