Community Trust Bank(CTBI)
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Community Trust Bancorp (CTBI) Upgraded to Buy: Here's Why
ZACKS· 2024-10-03 17:01
Community Trust Bancorp (CTBI) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual i ...
Community Trust Bancorp (CTBI) Could Be a Great Choice
ZACKS· 2024-08-26 16:45
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its d ...
Best Income Stocks to Buy for August 23rd
ZACKS· 2024-08-23 10:11
Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 23: Southside Bancshares, Inc. (SBSI) : This bank holding company for Southside Bank has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.6% the last 60 days. This Zacks Rank #1 company has a dividend yield of 4.5%, compared with the industry average of 0.7%. First Community Corporation (FCCO) : This bank holding company for First Community Bank has witnessed the Zac ...
Community Trust Bank(CTBI) - 2024 Q2 - Quarterly Report
2024-08-08 12:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission file number 001-31220 COMMUNITY TRUST BANCORP, INC. (Exact name of registrant as specified in its charter) Kentucky 61-0979818 ( ...
Why Community Trust Bancorp (CTBI) is a Great Dividend Stock Right Now
ZACKS· 2024-07-23 16:46
Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns. Headquartered in Pikeville, Community Trust ...
Community Trust Bancorp (CTBI) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-07-17 14:41
Core Insights - Community Trust Bancorp reported an earnings surprise of 4.81% for the recent quarter, with actual earnings of $1.04 per share compared to an expected $0.98 per share, marking a surprise of 6.12% from the previous quarter [1] - The company posted revenues of $61.68 million for the quarter ended June 2024, exceeding the Zacks Consensus Estimate by 5.16% and showing an increase from $57.84 million in the same quarter last year [2] - Community Trust Bancorp's shares have increased by approximately 10.2% since the beginning of the year, while the S&P 500 has gained 18.8% [3] Earnings Performance - The company achieved quarterly earnings of $1.09 per share, surpassing the Zacks Consensus Estimate of $1.04 per share, and compared to earnings of $1.08 per share a year ago [7] - Over the last four quarters, Community Trust Bancorp has exceeded consensus EPS estimates three times [8] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.06 on revenues of $59.75 million, and for the current fiscal year, it is $4.18 on revenues of $237.55 million [11] - The estimate revisions trend for Community Trust Bancorp is currently unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [13] Industry Context - The Zacks Industry Rank for Banks - Southeast, to which Community Trust Bancorp belongs, is in the bottom 26% of over 250 Zacks industries, suggesting that the industry outlook may negatively impact stock performance [5]
Community Trust Bank(CTBI) - 2024 Q2 - Quarterly Results
2024-07-17 12:19
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------|-------|-----------------------------------------------------|-------|------------------------------------------------------|--------------|-------|-----------------------------------------------------|-------|----------------------------------------------------|-------|----------------------------------------------| | Interest income | $ | Three Months \nEnded June 30, 2 ...
4 Reasons to Invest in Community Trust (CTBI) Stock Right Now
ZACKS· 2024-06-04 14:31
Adding Community Trust Bancorp, Inc. (CTBI) stock to your portfolio now seems to be a wise idea. The company's fundamental strength and growth prospects make it a good investment option. Analysts are optimistic about its earnings growth potential. Over the past 60 days, the Zacks Consensus Estimate for CTBI's 2024 earnings has been revised 2.7% upward. Thus, the company currently carries a Zacks Rank #2 (Buy). Its price performance also seems impressive. The stock has gained 2% over the past three months co ...
Community Trust Bancorp (CTBI) Upgraded to Strong Buy: Here's Why
zacks.com· 2024-05-21 17:01
Community Trust Bancorp (CTBI) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. ...
Best Income Stocks to Buy for May 21st
zacks.com· 2024-05-21 08:56
Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 21st: Janus Henderson Group plc (JHG) : This asset management company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.4% over the last 60 days. This Zacks Rank #1 company has a dividend yield of 4.5%, compared with the industry average of 2.6%. Community Trust Bancorp, Inc. (CTBI) : This bank holding company for Community Trust Bank has witnessed the Zacks Consens ...