Capital City Bank Group (NASDAQ:CCBG – Get Free Report) posted its quarterly earnings results on Tuesday. The financial services provider reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.01, Yahoo Finance reports. The business had revenue of $68.84 million during the quarter, compared to analysts’ expectations of $54.40 million. Capital City Bank Group had a return on equity of 11.67% and a net margin of 19.67%.
Capital City Bank Group Stock Down 0.7 %
NASDAQ CCBG opened at $35.07 on Friday. Capital City Bank Group has a fifty-two week low of $25.45 and a fifty-two week high of $36.67. The business has a fifty day moving average price of $34.26 and a two-hundred day moving average price of $30.62. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market capitalization of $594.19 million, a PE ratio of 11.42 and a beta of 0.53.
Capital City Bank Group Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 23rd. Investors of record on Monday, September 9th were given a dividend of $0.23 per share. This is a positive change from Capital City Bank Group’s previous quarterly dividend of $0.21. The ex-dividend date was Monday, September 9th. This represents a $0.92 annualized dividend and a dividend yield of 2.62%. Capital City Bank Group’s dividend payout ratio (DPR) is currently 29.97%.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Capital City Bank Group
Insider Buying and Selling
In related news, Treasurer Thomas A. Barron sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $33.81, for a total transaction of $101,430.00. Following the completion of the transaction, the treasurer now directly owns 140,681 shares in the company, valued at $4,756,424.61. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Treasurer Thomas A. Barron sold 8,000 shares of the firm’s stock in a transaction on Tuesday, July 30th. The shares were sold at an average price of $35.26, for a total transaction of $282,080.00. Following the completion of the transaction, the treasurer now owns 143,681 shares of the company’s stock, valued at approximately $5,066,192.06. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Treasurer Thomas A. Barron sold 3,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $33.81, for a total transaction of $101,430.00. Following the completion of the sale, the treasurer now directly owns 140,681 shares in the company, valued at approximately $4,756,424.61. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 19.40% of the stock is owned by corporate insiders.
Capital City Bank Group Company Profile
Capital City Bank Group, Inc operates as the financial holding company for Capital City Bank that provides a range of banking- related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services.
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