Community Trust Bancorp (CTBI) Receives Daily News Impact Rating of 0.14

Headlines about Community Trust Bancorp (NASDAQ:CTBI) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing 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 nearest to one being the most favorable. Community Trust Bancorp earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 47.0911709196228 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

A number of equities research analysts have recently commented on the stock. BidaskClub lowered shares of Community Trust Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, January 6th. Zacks Investment Research raised shares of Community Trust Bancorp from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a research note on Monday, October 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $50.00.

Shares of Community Trust Bancorp (CTBI) opened at $44.95 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.94 and a quick ratio of 0.94. Community Trust Bancorp has a 12 month low of $40.33 and a 12 month high of $51.90. The company has a market cap of $792.65, a price-to-earnings ratio of 15.45 and a beta of 0.65.

Community Trust Bancorp (NASDAQ:CTBI) last posted its quarterly earnings data on Wednesday, January 17th. The financial services provider reported $0.72 EPS for the quarter, missing the Zacks’ consensus estimate of $0.74 by ($0.02). Community Trust Bancorp had a net margin of 25.22% and a return on equity of 9.59%. The firm had revenue of $47.52 million during the quarter, compared to the consensus estimate of $48.00 million. sell-side analysts anticipate that Community Trust Bancorp will post 3.3 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, April 1st. Stockholders of record on Thursday, March 15th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend is Wednesday, March 14th. Community Trust Bancorp’s dividend payout ratio is currently 45.36%.

In other news, Director Chad C. Street acquired 4,000 shares of Community Trust Bancorp stock in a transaction dated Friday, December 22nd. The shares were bought at an average cost of $48.79 per share, with a total value of $195,160.00. Following the purchase, the director now owns 5,000 shares in the company, valued at approximately $243,950. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 4.80% of the company’s stock.

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Community Trust Bancorp Company Profile

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.

Insider Buying and Selling by Quarter for Community Trust Bancorp (NASDAQ:CTBI)

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