Capital City Bank Group, Inc. (CCBG) Treasurer Sells $51,331.15 in Stock
Capital City Bank Group, Inc. (NASDAQ:CCBG) Treasurer Thomas A. Barron sold 2,041 shares of the stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $25.15, for a total value of $51,331.15. Following the sale, the treasurer now directly owns 123,466 shares of the company’s stock, valued at $3,105,169.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
NASDAQ:CCBG opened at $25.08 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.77 and a quick ratio of 0.77. Capital City Bank Group, Inc. has a 1 year low of $19.92 and a 1 year high of $26.50. The firm has a market capitalization of $427.83 million, a price-to-earnings ratio of 28.50 and a beta of 0.58.
Capital City Bank Group (NASDAQ:CCBG) last released its earnings results on Tuesday, October 23rd. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.33. Capital City Bank Group had a return on equity of 6.84% and a net margin of 12.10%. The business had revenue of $36.93 million during the quarter, compared to the consensus estimate of $36.10 million. On average, equities research analysts predict that Capital City Bank Group, Inc. will post 1.14 EPS for the current fiscal year.
A number of analysts recently commented on the company. BidaskClub raised Capital City Bank Group from a “hold” rating to a “buy” rating in a research report on Thursday. ValuEngine downgraded Capital City Bank Group from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th. Zacks Investment Research downgraded Capital City Bank Group from a “hold” rating to a “sell” rating in a research report on Wednesday, October 24th. Stephens reaffirmed a “hold” rating and set a $25.00 price target on shares of Capital City Bank Group in a research report on Friday, October 26th. Finally, Hovde Group reaffirmed a “buy” rating and set a $29.00 price target on shares of Capital City Bank Group in a research report on Friday, August 3rd. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $26.80.
Capital City Bank Group Company Profile
Capital City Bank Group, Inc operates as the bank holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients in Florida, Georgia, and Alabama. It offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services.
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