Capital City Bank Group (CCBG) Receiving Somewhat Favorable News Coverage, Accern Reports
Media coverage about Capital City Bank Group (NASDAQ:CCBG) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Capital City Bank Group earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 46.3027473669752 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several equities analysts have commented on the stock. ValuEngine cut shares of Capital City Bank Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Keefe, Bruyette & Woods restated a “hold” rating and set a $23.00 price objective on shares of Capital City Bank Group in a research report on Tuesday, October 3rd. BidaskClub lowered shares of Capital City Bank Group from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 22nd. Zacks Investment Research upgraded shares of Capital City Bank Group from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Wednesday, October 25th. Finally, Hovde Group raised their price objective on shares of Capital City Bank Group from $22.50 to $23.00 and gave the company a “market perform” rating in a research report on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the company’s stock. Capital City Bank Group has an average rating of “Hold” and an average price target of $24.33.
Capital City Bank Group (NASDAQ:CCBG) opened at $23.67 on Friday. Capital City Bank Group has a 12-month low of $17.19 and a 12-month high of $26.01. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.77 and a current ratio of 0.77. The firm has a market cap of $399.55, a PE ratio of 27.73 and a beta of 0.65.
Capital City Bank Group (NASDAQ:CCBG) last posted its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.04. Capital City Bank Group had a net margin of 10.35% and a return on equity of 5.06%. The company had revenue of $34.26 million during the quarter. sell-side analysts expect that Capital City Bank Group will post 0.84 earnings per share for the current year.
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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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