Farmers Capital Bank Corp. (FFKT) Reaches New 12-Month High at $30.98
Farmers Capital Bank Corp. (NASDAQ:FFKT) shares hit a new 52-week high on Thursday . The stock traded as high as $30.98 and last traded at $30.54, with a volume of 13,991 shares changing hands. The stock had previously closed at $29.90.
Separately, Zacks Investment Research raised shares of Farmers Capital Bank Corp. from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a research report on Wednesday, July 27th.
The company has a market cap of $229.20 million and a P/E ratio of 13.35. The company’s 50-day moving average price is $29.44 and its 200-day moving average price is $27.64.
Farmers Capital Bank Corp. (NASDAQ:FFKT) last released its quarterly earnings data on Wednesday, July 20th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.04. Equities analysts forecast that Farmers Capital Bank Corp. will post $2.15 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, October 1st. Shareholders of record on Thursday, September 1st will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.92%. The ex-dividend date is Tuesday, August 30th.
In other Farmers Capital Bank Corp. news, Director John C. Roach acquired 1,000 shares of the business’s stock in a transaction on Thursday, August 18th. The stock was purchased at an average price of $29.00 per share, for a total transaction of $29,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Farmers Capital Bank Corporation is a bank holding company. The Company provides a range of banking and bank-related services to customers throughout Central and Northern Kentucky. The Company’s bank subsidiaries include Farmers Bank & Capital Trust Company, United Bank & Trust Company, First Citizens Bank and Citizens Bank of Northern Kentucky, Inc The Company also owns FCB Services, Inc, a data processing subsidiary, and FFKT Insurance Services, Inc, a captive property and casualty insurance company.
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