S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NASDAQ:CTBI

Community Trust Bancorp (CTBI) Stock Price, News & Analysis

$39.91
-0.15 (-0.37%)
(As of 04/15/2024 ET)
Today's Range
$39.55
$40.51
50-Day Range
$38.63
$42.65
52-Week Range
$32.68
$45.74
Volume
44,536 shs
Average Volume
48,362 shs
Market Capitalization
$719.18 million
P/E Ratio
9.17
Dividend Yield
4.61%
Price Target
$48.00

Community Trust Bancorp MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.3% Upside
$48.00 Price Target
Short Interest
Healthy
0.66% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.28mentions of Community Trust Bancorp in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$207,283 Bought Last Quarter
Proj. Earnings Growth
5.62%
From $4.09 to $4.32 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.41 out of 5 stars

Finance Sector

202nd out of 875 stocks

State Commercial Banks Industry

51st out of 178 stocks

CTBI stock logo

About Community Trust Bancorp Stock (NASDAQ:CTBI)

Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that engages in the provision of commercial and personal banking, and trust and wealth management services to small and mid-sized communities in eastern, northeastern, central, and south-central Kentucky, as well as southern West Virginia, and northeastern Tennessee. The company accepts time and demand deposits, checking accounts, savings accounts and savings certificates, individual retirement accounts and Keogh plans, and money market accounts. Its loan portfolio includes commercial, construction, mortgage, and personal loans; lease-financing, lines of credit, revolving lines of credit, and term loans, as well as other specialized loans, including asset-based financing; residential and commercial real estate loans; and consumer loans. The company also provides cash management, renting safe deposit boxes, and funds transfer services; issues letters of credit; and acts as a trustee of personal trusts, executor of estates, trustee for employee benefit trusts, and paying agent for bond and stock issues, as well as an investment agent and depositor for securities. In addition, it offers securities brokerage services; debit cards; annuity and life insurance products; and repurchase agreements, as well as mobile, internet banking, and e-statement services. The company was founded in 1903 and is headquartered in Pikeville, Kentucky.

CTBI Stock Price History

CTBI Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Community Trust Bancorp Inc.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Fed Turns on the Hawkish Blinkers
Community Trust Bancorp Inc
Recap: Community Trust Bancorp Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
1/17/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Today
4/15/2024
Next Earnings (Estimated)
4/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:CTBI
CUSIP
20414910
Employees
967
Year Founded
1903

Price Target and Rating

Average Stock Price Target
$48.00
High Stock Price Target
$49.00
Low Stock Price Target
$47.00
Potential Upside/Downside
+20.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$78 million
Pretax Margin
30.21%

Debt

Sales & Book Value

Annual Sales
$326.31 million
Cash Flow
$4.74 per share
Book Value
$39.01 per share

Miscellaneous

Free Float
17,246,000
Market Cap
$716.48 million
Optionable
Optionable
Beta
0.68

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Key Executives


CTBI Stock Analysis - Frequently Asked Questions

Should I buy or sell Community Trust Bancorp stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Community Trust Bancorp in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CTBI shares.
View CTBI analyst ratings
or view top-rated stocks.

What is Community Trust Bancorp's stock price target for 2024?

2 Wall Street analysts have issued 12-month price objectives for Community Trust Bancorp's stock. Their CTBI share price targets range from $47.00 to $49.00. On average, they anticipate the company's stock price to reach $48.00 in the next year. This suggests a possible upside of 20.3% from the stock's current price.
View analysts price targets for CTBI
or view top-rated stocks among Wall Street analysts.

How have CTBI shares performed in 2024?

Community Trust Bancorp's stock was trading at $43.86 at the start of the year. Since then, CTBI stock has decreased by 9.0% and is now trading at $39.91.
View the best growth stocks for 2024 here
.

Are investors shorting Community Trust Bancorp?

Community Trust Bancorp saw a decline in short interest in March. As of March 31st, there was short interest totaling 115,000 shares, a decline of 13.6% from the March 15th total of 133,100 shares. Based on an average daily trading volume, of 48,400 shares, the short-interest ratio is currently 2.4 days. Currently, 0.7% of the shares of the stock are sold short.
View Community Trust Bancorp's Short Interest
.

When is Community Trust Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 17th 2024.
View our CTBI earnings forecast
.

How were Community Trust Bancorp's earnings last quarter?

Community Trust Bancorp, Inc. (NASDAQ:CTBI) released its earnings results on Wednesday, January, 17th. The financial services provider reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.08 by $0.04. The financial services provider had revenue of $57 million for the quarter, compared to analysts' expectations of $58 million. Community Trust Bancorp had a trailing twelve-month return on equity of 11.68% and a net margin of 23.91%.

How often does Community Trust Bancorp pay dividends? What is the dividend yield for Community Trust Bancorp?

Community Trust Bancorp announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Friday, March 15th will be paid a dividend of $0.46 per share on Monday, April 1st. This represents a $1.84 annualized dividend and a dividend yield of 4.61%. The ex-dividend date is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for CTBI
.

Is Community Trust Bancorp a good dividend stock?

Community Trust Bancorp (NASDAQ:CTBI) pays an annual dividend of $1.84 per share and currently has a dividend yield of 4.59%. CTBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 43 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CTBI will have a dividend payout ratio of 42.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CTBI.

What is Jean R. Hale's approval rating as Community Trust Bancorp's CEO?

14 employees have rated Community Trust Bancorp Chief Executive Officer Jean R. Hale on Glassdoor.com. Jean R. Hale has an approval rating of 87% among the company's employees. 53.0% of employees surveyed would recommend working at Community Trust Bancorp to a friend.

What other stocks do shareholders of Community Trust Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Community Trust Bancorp investors own include Exxon Mobil (XOM), AT&T (T), Mercury General (MCY), AbbVie (ABBV), Franklin Resources (BEN), Cisco Systems (CSCO), Consolidated Edison (ED), Helmerich & Payne (HP), Johnson & Johnson (JNJ) and Coca-Cola (KO).

Who are Community Trust Bancorp's major shareholders?

Community Trust Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BTC Capital Management Inc. (0.05%). Insiders that own company stock include Andy D Waters, Charles J Baird, Charles J Baird, David Andrew Jones, David I Tackett, Franklin H Farris Jr, Franky Minnifield, James B Draughn, James J Gartner, Jefferson F Sandlin, Kevin J Stumbo, M Lynn Parrish, Mark A Gooch, Mark Edward Smith, Richard W Newsom and Ricky D Sparkman.
View institutional ownership trends
.

How do I buy shares of Community Trust Bancorp?

Shares of CTBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CTBI) was last updated on 4/15/2024 by MarketBeat.com Staff

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