Somewhat Favorable Press Coverage Likely to Affect Capital City Bank Group (CCBG) Share Price
News stories about Capital City Bank Group (NASDAQ:CCBG) have been trending somewhat positive recently, AlphaOne reports. The research group, a service of Accern, scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Capital City Bank Group earned a news impact score of 0.24 on AlphaOne’s scale. AlphaOne also assigned news articles about the financial services provider an impact score of 72 out of 100, meaning that recent media coverage is likely to have an impact on the stock’s share price in the near future.
Capital City Bank Group (NASDAQ:CCBG) traded up 1.59% during trading on Thursday, reaching $21.11. 16,502 shares of the company’s stock traded hands. The firm’s 50 day moving average is $20.43 and its 200 day moving average is $19.16. The company has a market cap of $357.81 million, a P/E ratio of 30.59 and a beta of 0.88. Capital City Bank Group has a 12 month low of $13.16 and a 12 month high of $23.15.
Capital City Bank Group (NASDAQ:CCBG) last released its earnings results on Tuesday, January 24th. The financial services provider reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. The business earned $32.84 million during the quarter, compared to the consensus estimate of $32.60 million. Capital City Bank Group had a net margin of 8.71% and a return on equity of 4.25%. Analysts anticipate that Capital City Bank Group will post $0.81 EPS for the current year.
Several equities analysts have weighed in on CCBG shares. Zacks Investment Research cut shares of Capital City Bank Group from a “hold” rating to a “strong sell” rating in a research report on Monday, February 27th. Sandler O’Neill cut shares of Capital City Bank Group from a “hold” rating to a “sell” rating in a research report on Wednesday, December 21st.
Capital City Bank Group Company Profile
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 (the Bank), with banking offices located in Florida, Georgia and Alabama. The Company operates through commercial banking segment with over four principal services, including Banking Services, Data Processing Services, Trust and Asset Management Services, and Brokerage Services.
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