Capital Bank Financial Corp. (CBF) Receives Average Rating of “Hold” from Brokerages
Capital Bank Financial Corp. (NASDAQ:CBF) has earned a consensus recommendation of “Hold” from the six ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $43.33.
CBF has been the subject of several analyst reports. FBR & Co downgraded shares of Capital Bank Financial Corp. from an “outperform” rating to a “mkt perform” rating and cut their price target for the company from $45.00 to $44.00 in a report on Monday, April 24th. Brean Capital downgraded shares of Capital Bank Financial Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, May 9th. Barclays PLC lifted their price target on shares of Capital Bank Financial Corp. from $42.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, April 12th. BidaskClub raised shares of Capital Bank Financial Corp. from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Finally, Keefe, Bruyette & Woods set a $41.00 price target on shares of Capital Bank Financial Corp. in a report on Tuesday, July 4th.
Capital Bank Financial Corp. (CBF) traded up 1.43% on Tuesday, reaching $39.10. 774,434 shares of the company’s stock traded hands. The firm’s 50-day moving average is $38.15 and its 200 day moving average is $39.75. Capital Bank Financial Corp. has a 52-week low of $28.84 and a 52-week high of $45.00. The stock has a market capitalization of $2.02 billion, a PE ratio of 25.89 and a beta of 0.46.
The business also recently announced a quarterly dividend, which will be paid on Monday, August 21st. Shareholders of record on Monday, August 7th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date of this dividend is Thursday, August 3rd. Capital Bank Financial Corp.’s dividend payout ratio is presently 32.00%.
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Capital Bank Financial Corp. Company Profile
Capital Bank Financial Corp. is a bank holding company whose business is conducted through Capital Bank Corporation (the Bank). The Company, through its branches, offers a range of commercial and consumer loans and deposits, as well as ancillary financial services. It offers a range of commercial loan products, including owner occupied and non-owner occupied commercial real estate; construction; working capital loans and lines of credit; demand and time loans, and equipment, inventory and accounts receivable financing.
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