Capital City Bank Group (CCBG) Set to Announce Earnings on Monday

Capital City Bank Group (NASDAQ:CCBG) is set to release its earnings data before the market opens on Monday, January 22nd. Analysts expect Capital City Bank Group to post earnings of $0.23 per share for the quarter.

Capital City Bank Group (NASDAQ:CCBG) last announced its quarterly earnings data on Tuesday, October 24th. The financial services provider reported $0.27 EPS for the quarter, beating the Zacks’ 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 firm had revenue of $34.26 million for the quarter. On average, analysts expect Capital City Bank Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Capital City Bank Group (NASDAQ:CCBG) opened at $23.99 on Monday. Capital City Bank Group has a 1 year low of $17.68 and a 1 year high of $26.01. The company has a market cap of $407.01, a P/E ratio of 28.56 and a beta of 0.66. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.24.

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 18th. Investors of record on Monday, December 4th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date of this dividend was Friday, December 1st. Capital City Bank Group’s payout ratio is presently 33.33%.

A number of brokerages recently commented on CCBG. BidaskClub downgraded shares of Capital City Bank Group from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. Keefe, Bruyette & Woods reaffirmed 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. ValuEngine downgraded shares of Capital City Bank Group from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, Zacks Investment Research raised shares of Capital City Bank Group from a “hold” rating to a “strong-buy” rating and set a $27.00 price objective on the stock in a research report on Friday, December 29th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $24.33.

In other Capital City Bank Group news, Treasurer Thomas A. Barron sold 4,000 shares of Capital City Bank Group stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $25.17, for a total value of $100,680.00. Following the completion of the sale, the treasurer now directly owns 127,717 shares in the company, valued at $3,214,636.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 26.17% of the stock is owned by insiders.

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About Capital City Bank Group

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).

Earnings History for Capital City Bank Group (NASDAQ:CCBG)

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