Shares of Farmers Capital Bank Corporation (NASDAQ:FFKT) have earned a consensus recommendation of “Buy” from the five brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $38.33.

A number of analysts recently issued reports on the company. Zacks Investment Research upgraded Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Monday, April 24th. ValuEngine upgraded Farmers Capital Bank Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.

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Several hedge funds have recently added to or reduced their stakes in the stock. Eagle Global Advisors LLC raised its stake in Farmers Capital Bank Corporation by 6.2% in the first quarter. Eagle Global Advisors LLC now owns 9,916 shares of the bank’s stock worth $401,000 after buying an additional 580 shares during the last quarter. HL Financial Services LLC acquired a new position in shares of Farmers Capital Bank Corporation during the first quarter worth $1,330,000. FSI Group LLC acquired a new position in shares of Farmers Capital Bank Corporation during the first quarter worth $970,000. Bank of New York Mellon Corp raised its position in shares of Farmers Capital Bank Corporation by 9.3% in the first quarter. Bank of New York Mellon Corp now owns 42,459 shares of the bank’s stock worth $1,716,000 after buying an additional 3,608 shares in the last quarter. Finally, US Bancorp DE raised its position in shares of Farmers Capital Bank Corporation by 5,419,700.0% in the first quarter. US Bancorp DE now owns 54,198 shares of the bank’s stock worth $2,190,000 after buying an additional 54,197 shares in the last quarter. Institutional investors own 51.38% of the company’s stock.

Farmers Capital Bank Corporation (NASDAQ:FFKT) opened at 37.70 on Friday. The company has a market cap of $283.20 million, a PE ratio of 19.28 and a beta of 0.89. The company has a 50 day moving average price of $38.92 and a 200-day moving average price of $39.07. Farmers Capital Bank Corporation has a 12 month low of $27.28 and a 12 month high of $44.65.

Farmers Capital Bank Corporation (NASDAQ:FFKT) last released its quarterly earnings data on Wednesday, July 19th. The bank reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.06. Farmers Capital Bank Corporation had a return on equity of 8.30% and a net margin of 17.32%. The company had revenue of $19.05 million for the quarter, compared to analyst estimates of $19.40 million. Equities analysts predict that Farmers Capital Bank Corporation will post $2.26 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 1st will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.06%. Farmers Capital Bank Corporation’s payout ratio is 20.41%.

About Farmers Capital Bank Corporation

Farmers Capital Bank Corporation is a bank holding company headquartered in Frankfort, Kentucky. The company’s bank affiliate is United Bank. United Bank has 34 branch locations in 21 communities throughout Central and Northern Kentucky.

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