Farmers Capital Bank Corp. (FFKT) Hits New 1-Year High at $30.98
Shares of Farmers Capital Bank Corp. (NASDAQ:FFKT) hit a new 52-week high during trading on Thursday . The stock traded as high as $30.98 and last traded at $30.54, with a volume of 13,991 shares. The stock had previously closed at $29.90.
Separately, Zacks Investment Research downgraded shares of Farmers Capital Bank Corp. from a “buy” rating to a “hold” rating in a report on Monday, July 18th.
The firm has a market capitalization of $231.53 million and a PE ratio of 13.49. The stock’s 50 day moving average price is $29.49 and its 200-day moving average price is $27.68.
Farmers Capital Bank Corp. (NASDAQ:FFKT) last released its quarterly earnings data on Wednesday, July 20th. The company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.04. On average, analysts expect that Farmers Capital Bank Corp. will post $2.15 earnings per share 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 paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend is Tuesday, August 30th.
In other Farmers Capital Bank Corp. news, Director John C. Roach acquired 1,000 shares of the company’s stock in a transaction on Thursday, August 18th. The shares were purchased at an average cost of $29.00 per share, with a total value of $29,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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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