Community Trust Bancorp (CTBI) Earning Somewhat Favorable Press Coverage, Analysis Shows

Media headlines about Community Trust Bancorp (NASDAQ:CTBI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Community Trust Bancorp earned a daily sentiment score of 0.02 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 45.6874669227311 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

NASDAQ:CTBI opened at $51.20 on Tuesday. The stock has a market capitalization of $895.13 million, a PE ratio of 18.29 and a beta of 0.67. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11. Community Trust Bancorp has a 1-year low of $40.33 and a 1-year high of $51.90.

Community Trust Bancorp (NASDAQ:CTBI) last released its earnings results on Wednesday, April 18th. The financial services provider reported $0.92 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.13. The firm had revenue of $47.90 million for the quarter, compared to the consensus estimate of $47.10 million. Community Trust Bancorp had a net margin of 26.71% and a return on equity of 10.24%. analysts forecast that Community Trust Bancorp will post 3.34 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Sunday, July 1st. Stockholders of record on Friday, June 15th will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date is Thursday, June 14th. Community Trust Bancorp’s dividend payout ratio is presently 47.14%.

CTBI has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of Community Trust Bancorp from a “buy” rating to a “hold” rating in a research report on Monday, March 26th. ValuEngine raised shares of Community Trust Bancorp from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Finally, BidaskClub raised shares of Community Trust Bancorp from a “strong sell” rating to a “sell” rating in a research report on Friday, March 9th.

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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