Capital City Bank Group (CCBG) Projected to Post Earnings on Tuesday

Capital City Bank Group (NASDAQ:CCBG) is projected to announce its earnings results before the market opens on Tuesday, January 28th. Analysts expect the company to announce earnings of $0.70 per share for the quarter.

Capital City Bank Group (NASDAQ:CCBG) last released its quarterly earnings data on Tuesday, October 22nd. The financial services provider reported $0.78 EPS for the quarter, beating the consensus estimate of $0.77 by $0.01. The business had revenue of $68.84 million during the quarter, compared to the consensus estimate of $54.40 million. Capital City Bank Group had a net margin of 19.42% and a return on equity of 11.29%. On average, analysts expect Capital City Bank Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Capital City Bank Group Price Performance

NASDAQ:CCBG opened at $36.00 on Tuesday. The business’s 50-day moving average is $37.60 and its 200 day moving average is $35.06. Capital City Bank Group has a 12 month low of $25.45 and a 12 month high of $40.86. The company has a market capitalization of $609.84 million, a P/E ratio of 11.80 and a beta of 0.56. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11.

Capital City Bank Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were given a dividend of $0.23 per share. The ex-dividend date was Monday, December 9th. This represents a $0.92 annualized dividend and a yield of 2.56%. Capital City Bank Group’s dividend payout ratio (DPR) is currently 30.16%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on CCBG shares. Keefe, Bruyette & Woods lifted their price target on Capital City Bank Group from $39.00 to $43.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. StockNews.com raised Capital City Bank Group from a “hold” rating to a “buy” rating in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $37.88.

Capital City Bank Group Company Profile

Capital City Bank Group, Inc operates as the financial holding company for Capital City Bank that provides a range of banking- related services to individual and corporate clients. The company 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.