Capital Bancorp (CBNK) Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Capital Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CBNK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBNK, but not buy additional shares or sell existing shares.
View CBNK analyst ratings or view top-rated stocks.

3 brokerages have issued 1 year price objectives for Capital Bancorp's stock. Their CBNK share price forecasts range from $18.00 to $23.00. On average, they expect the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 7.1% from the stock's current price.
View analysts price targets for CBNK or view top-rated stocks among Wall Street analysts.

Capital Bancorp's stock was trading at $23.54 on January 1st, 2023. Since then, CBNK stock has decreased by 20.6% and is now trading at $18.68.
View the best growth stocks for 2023 here.

Capital Bancorp saw a decline in short interest during the month of August. As of August 31st, there was short interest totaling 44,800 shares, a decline of 8.9% from the August 15th total of 49,200 shares. Based on an average daily trading volume, of 17,700 shares, the days-to-cover ratio is presently 2.5 days. Approximately 0.5% of the company's shares are short sold.
View Capital Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 19th 2023.
View our CBNK earnings forecast.

Capital Bancorp, Inc. (NASDAQ:CBNK) released its quarterly earnings results on Thursday, July, 27th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by $0.05. The financial services provider had revenue of $42.03 million for the quarter, compared to analyst estimates of $42.43 million. Capital Bancorp had a net margin of 19.19% and a trailing twelve-month return on equity of 16.33%.

Capital Bancorp announced a quarterly dividend on Friday, July 21st. Stockholders of record on Monday, August 7th will be given a dividend of $0.08 per share on Wednesday, August 23rd. This represents a $0.32 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Friday, August 4th. This is an increase from the stock's previous quarterly dividend of $0.06.
Read our dividend analysis for CBNK.

Ballast Small/Mid Cap ETF holds 96,921 shares of CBNK stock, representing 2.21% of its portfolio.

Capital Bancorp (NASDAQ:CBNK) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.71%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBNK will have a dividend payout ratio of 13.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CBNK.

9 employees have rated Capital Bancorp Chief Executive Officer Ed Barry on Glassdoor.com. Ed Barry has an approval rating of 100% among the company's employees. This puts Ed Barry in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 80.0% of employees surveyed would recommend working at Capital Bancorp to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Capital Bancorp investors own include Western New England Bancorp (WNEB), Eagle Bancorp (EGBN), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Blackrock Resources & Commodities Strategy Trust (BCX), Franklin Resources (BEN), BlackRock Enhanced International Dividend Trust (BGY), Bank of Nova Scotia (BNS) and BlackRock Enhanced Global Dividend Trust (BOE).

(CBNK) raised $30 million in an initial public offering (IPO) on Wednesday, September 26th 2018. The company issued 2,200,000 shares at a price of $12.50-$14.50 per share. Keefe, Bruyette & Woods (A Stifel Company) and Stephens served as the underwriters for the IPO and Sandler O’Neill + Partners and Hovde Group were co-managers.

Capital Bancorp trades on the NASDAQ under the ticker symbol "CBNK."

Capital Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (3.72%), Alliancebernstein L.P. (2.42%), Geode Capital Management LLC (1.28%), Dimensional Fund Advisors LP (1.25%), State Street Corp (1.15%) and Wedge Capital Management L L P NC (0.89%). Insiders that own company stock include Constance E Perrine, Eric M Suss, James F Whalen, Joseph M Greene, Joshua Bernstein, Mary Ann Scully, Michael Joseph Burke, Randall James Levitt, Stephen N Ashman, Stephen N Ashman and Steven M Poynot.
View institutional ownership trends.

Shares of CBNK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CBNK stock can currently be purchased for approximately $18.68.

Capital Bancorp (NASDAQ:CBNK) has a market capitalization of $260.40 million and generates $180.02 million in revenue each year. The financial services provider earns $41.80 million in net income (profit) each year or $2.59 on an earnings per share basis.

The company employs 270 workers across the globe.

Capital Bancorp's mailing address is 2275 Research Boulevard Suite 600, Rockville MD, 20850. The official website for the company is capitalbankmd.com. The financial services provider can be reached via phone at (301) 468-8848 or via fax at 301-762-2991.