Community Trust Bancorp, Inc. (CTBI) to Release Quarterly Earnings on Tuesday

Community Trust Bancorp, Inc. (NASDAQ:CTBI) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, October 17th. Analysts expect the company to announce earnings of $0.72 per share for the quarter.

Community Trust Bancorp (NASDAQ:CTBI) last released its earnings results on Wednesday, July 19th. The financial services provider reported $0.65 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.03). Community Trust Bancorp had a return on equity of 9.29% and a net margin of 23.68%. The business had revenue of $46.55 million for the quarter, compared to analyst estimates of $46.70 million. On average, analysts expect Community Trust Bancorp to post $2.74 EPS for the current fiscal year and $2.98 EPS for the next fiscal year.

Shares of Community Trust Bancorp, Inc. (CTBI) opened at 46.85 on Tuesday. The company’s 50-day moving average price is $43.56 and its 200 day moving average price is $43.62. The firm has a market cap of $825.73 million, a PE ratio of 17.55 and a beta of 0.70. Community Trust Bancorp, Inc. has a 1-year low of $35.85 and a 1-year high of $51.35.

The firm also recently declared a quarterly dividend, which was paid on Sunday, October 1st. Shareholders of record on Friday, September 15th were given a dividend of $0.33 per share. This is a positive change from Community Trust Bancorp’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.32 dividend on an annualized basis and a yield of 2.82%. Community Trust Bancorp’s dividend payout ratio is presently 49.62%.

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A number of research firms have commented on CTBI. BidaskClub lowered Community Trust Bancorp from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Zacks Investment Research raised Community Trust Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Community Trust Bancorp currently has an average rating of “Hold” and a consensus price target of $43.00.

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 l

Community Trust Bancorp (NASDAQ:CTBI) last released its earnings results on Wednesday, July 19th. The financial services provider reported $0.65 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.03). Community Trust Bancorp had a return on equity of 9.29% and a net margin of 23.68%. The business had revenue of $46.55 million for the quarter, compared to analyst estimates of $46.70 million. On average, analysts expect Community Trust Bancorp to post $2.74 EPS for the current fiscal year and $2.98 EPS for the next fiscal year.

Shares of Community Trust Bancorp, Inc. (CTBI) opened at 46.85 on Tuesday. The company’s 50-day moving average price is $43.56 and its 200 day moving average price is $43.62. The firm has a market cap of $825.73 million, a PE ratio of 17.55 and a beta of 0.70. Community Trust Bancorp, Inc. has a 1-year low of $35.85 and a 1-year high of $51.35.

The firm also recently declared a quarterly dividend, which was paid on Sunday, October 1st. Shareholders of record on Friday, September 15th were given a dividend of $0.33 per share. This is a positive change from Community Trust Bancorp’s previous quarterly dividend of $0.32. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.32 dividend on an annualized basis and a yield of 2.82%. Community Trust Bancorp’s dividend payout ratio is presently 49.62%.

COPYRIGHT VIOLATION WARNING: “Community Trust Bancorp, Inc. (CTBI) to Release Quarterly Earnings on Tuesday” was reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this piece of content can be read at https://ledgergazette.com/2017/10/10/community-trust-bancorp-inc-ctbi-to-release-quarterly-earnings-on-tuesday.html.

A number of research firms have commented on CTBI. BidaskClub lowered Community Trust Bancorp from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Zacks Investment Research raised Community Trust Bancorp from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Community Trust Bancorp currently has an average rating of “Hold” and a consensus price target of $43.00.

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.

Earnings History for Community Trust Bancorp (NASDAQ:CTBI)

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