Community Trust Bancorp (CTBI) Given News Impact Rating of 0.12

Press coverage about Community Trust Bancorp (NASDAQ:CTBI) has been trending somewhat positive this week, Accern reports. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Community Trust Bancorp earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 45.6926662137632 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

CTBI has been the subject of a number of recent research reports. Zacks Investment Research raised shares of Community Trust Bancorp from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research note on Monday, October 23rd. BidaskClub downgraded shares of Community Trust Bancorp from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $50.00.

Community Trust Bancorp (NASDAQ CTBI) opened at $47.80 on Thursday. The stock has a market capitalization of $858.98, a price-to-earnings ratio of 17.45 and a beta of 0.68. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.21. Community Trust Bancorp has a 12-month low of $40.33 and a 12-month high of $51.90.

Community Trust Bancorp (NASDAQ:CTBI) last issued its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.06. The business had revenue of $47.17 million for the quarter, compared to the consensus estimate of $48.17 million. Community Trust Bancorp had a return on equity of 9.47% and a net margin of 24.15%. equities research analysts anticipate that Community Trust Bancorp will post 2.81 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 1st. Stockholders of record on Friday, December 15th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, December 14th. Community Trust Bancorp’s payout ratio is presently 48.18%.

In other news, Director Franky Minnifield sold 4,183 shares of the company’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $50.26, for a total transaction of $210,237.58. Following the transaction, the director now directly owns 5,075 shares of the company’s stock, valued at $255,069.50. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman Jean R. Hale sold 6,875 shares of the company’s stock in a transaction on Friday, October 20th. The stock was sold at an average price of $50.60, for a total value of $347,875.00. Following the transaction, the chairman now directly owns 126,397 shares in the company, valued at $6,395,688.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,774 shares of company stock worth $593,927. 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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