Community Trust Bancorp (CTBI) to Release Earnings on Wednesday

Community Trust Bancorp (NASDAQ:CTBI - Get Free Report) is expected to release its earnings data before the market opens on Wednesday, April 16th. Analysts expect Community Trust Bancorp to post earnings of $1.19 per share and revenue of $64.92 million for the quarter.

Community Trust Bancorp (NASDAQ:CTBI - Get Free Report) last issued its quarterly earnings results on Wednesday, January 15th. The financial services provider reported $1.25 EPS for the quarter, topping the consensus estimate of $1.20 by $0.05. Community Trust Bancorp had a net margin of 22.02% and a return on equity of 11.36%. During the same quarter in the previous year, the business posted $1.04 earnings per share. On average, analysts expect Community Trust Bancorp to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Community Trust Bancorp Trading Down 0.7 %

Shares of Community Trust Bancorp stock traded down $0.33 during trading on Friday, hitting $45.64. 60,919 shares of the company were exchanged, compared to its average volume of 54,982. The firm's fifty day moving average price is $51.98 and its 200 day moving average price is $53.42. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.90 and a quick ratio of 0.90. The firm has a market capitalization of $826.18 million, a P/E ratio of 9.90 and a beta of 0.55. Community Trust Bancorp has a 1-year low of $39.28 and a 1-year high of $61.67.

Community Trust Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Saturday, March 15th were issued a dividend of $0.47 per share. The ex-dividend date was Friday, March 14th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 4.12%. Community Trust Bancorp's payout ratio is presently 40.78%.

Wall Street Analysts Forecast Growth

Separately, Raymond James dropped their target price on shares of Community Trust Bancorp from $60.00 to $58.00 and set an "outperform" rating on the stock in a report on Wednesday, April 2nd.

Community Trust Bancorp Company Profile

Community Trust Bancorp, Inc operates as the bank holding company for Community Trust Bank, Inc that engages in the provision of commercial and personal banking, and trust and wealth management services to small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, as well as southern West Virginia, and northeastern Tennessee.