Capital Bancorp, Inc. (NASDAQ:CBNK - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $29.63 and traded as high as $31.77. Capital Bancorp shares last traded at $31.55, with a volume of 31,284 shares traded.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on CBNK. Keefe, Bruyette & Woods upped their price target on shares of Capital Bancorp from $32.00 to $34.00 and gave the stock a "market perform" rating in a research note on Wednesday, April 29th. Weiss Ratings raised shares of Capital Bancorp from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, March 4th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $35.33.
Read Our Latest Report on Capital Bancorp
Capital Bancorp Trading Up 0.1%
The firm has a market capitalization of $514.58 million, a price-to-earnings ratio of 9.53 and a beta of 0.55. The firm's 50 day moving average is $30.34 and its 200 day moving average is $29.63. The company has a quick ratio of 1.02, a current ratio of 1.03 and a debt-to-equity ratio of 0.13.
Capital Bancorp (NASDAQ:CBNK - Get Free Report) last released its earnings results on Monday, April 27th. The financial services provider reported $0.73 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.05). Capital Bancorp had a net margin of 17.48% and a return on equity of 13.62%. The business had revenue of $62.77 million for the quarter, compared to analyst estimates of $62.41 million. Equities analysts forecast that Capital Bancorp, Inc. will post 3.4 earnings per share for the current year.
Capital Bancorp Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Investors of record on Monday, May 11th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, May 11th. This represents a $0.48 annualized dividend and a yield of 1.5%. Capital Bancorp's dividend payout ratio is currently 14.50%.
Institutional Investors Weigh In On Capital Bancorp
Hedge funds have recently made changes to their positions in the company. CenterBook Partners LP purchased a new stake in shares of Capital Bancorp in the 3rd quarter valued at approximately $1,182,000. SummerHaven Investment Management LLC purchased a new stake in shares of Capital Bancorp in the 3rd quarter valued at approximately $767,000. Federated Hermes Inc. lifted its position in shares of Capital Bancorp by 33.1% in the 3rd quarter. Federated Hermes Inc. now owns 5,518 shares of the financial services provider's stock valued at $176,000 after acquiring an additional 1,373 shares in the last quarter. Arcus Capital Partners LLC lifted its position in shares of Capital Bancorp by 7.0% in the 3rd quarter. Arcus Capital Partners LLC now owns 18,267 shares of the financial services provider's stock valued at $583,000 after acquiring an additional 1,200 shares in the last quarter. Finally, Militia Capital Partners LP purchased a new stake in shares of Capital Bancorp in the 4th quarter valued at approximately $1,324,000. Hedge funds and other institutional investors own 56.14% of the company's stock.
Capital Bancorp Company Profile
(
Get Free Report)
Capital Bancorp, Inc operates as the bank holding company for Capital Bank, N.A. that provides various banking products and services to businesses, not-for-profit associations, and entrepreneurs in Maryland, Virginia, and the District of Columbia. It operates through Commercial Banking, Capital Bank Home Loans, and OpenSky segments. The company offers a range of deposit products, including checking and savings, time, interest bearing and noninterest-bearing demand, and money market accounts, as well as certificates of deposit; and credit cards.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Capital Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Capital Bancorp wasn't on the list.
While Capital Bancorp currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2026. Learn which stocks have the most short interest and how to trade them. Click the link to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
