Capital City Bank Group (CCBG) Getting Somewhat Positive News Coverage, Report Finds
Media stories about Capital City Bank Group (NASDAQ:CCBG) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Capital City Bank Group earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 46.7024732938415 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Capital City Bank Group (NASDAQ:CCBG) traded down 0.48% during mid-day trading on Friday, hitting $20.80. 22,911 shares of the stock traded hands. Capital City Bank Group has a 12 month low of $13.73 and a 12 month high of $23.15. The stock has a market cap of $352.85 million, a price-to-earnings ratio of 28.15 and a beta of 0.74. The firm has a 50 day moving average of $20.76 and a 200 day moving average of $20.45.
Capital City Bank Group (NASDAQ:CCBG) last posted its earnings results on Tuesday, July 25th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Capital City Bank Group had a net margin of 9.27% and a return on equity of 4.49%. The firm had revenue of $33.63 million during the quarter, compared to analysts’ expectations of $33.60 million. On average, equities analysts expect that Capital City Bank Group will post $0.82 EPS for the current fiscal year.
Several research analysts have weighed in on the stock. BidaskClub downgraded shares of Capital City Bank Group from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. Hovde Group increased their price target on shares of Capital City Bank Group from $22.50 to $23.00 and gave the stock a “market perform” rating in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of Capital City Bank Group from a “sell” rating to a “hold” rating in a research report on Tuesday, April 25th. Finally, Stephens restated a “hold” rating on shares of Capital City Bank Group in a research report on Tuesday, April 25th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Capital City Bank Group currently has a consensus rating of “Hold” and a consensus price target of $23.00.
In related news, Director Allan G. Bense acquired 1,429 shares of Capital City Bank Group stock in a transaction on Thursday, May 18th. The stock was bought at an average cost of $18.20 per share, for a total transaction of $26,007.80. Following the completion of the transaction, the director now owns 44,312 shares of the company’s stock, valued at approximately $806,478.40. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Allan G. Bense acquired 3,571 shares of Capital City Bank Group stock in a transaction on Friday, May 19th. The shares were bought at an average price of $18.20 per share, with a total value of $64,992.20. Following the completion of the transaction, the director now directly owns 47,883 shares of the company’s stock, valued at approximately $871,470.60. The disclosure for this purchase can be found here. Insiders own 26.17% of the company’s stock.
Capital City Bank Group Company Profile
Capital City Bank Group, Inc is a financial holding company. The Company provides a range of banking and banking-related services to individual and corporate clients through its subsidiary, Capital City Bank (CCB or the Bank), with banking offices located in Florida, Georgia and Alabama. It operates through commercial banking segment with over four principal services, including Banking Services (CCB), Data Processing Services (Capital City Services Company), Trust and Asset Management Services (Capital City Trust Company) and Brokerage Services (Capital City Banc Investments, Inc).
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