Capital City Bank: Earnings Outlook Is Rosy, But The Valuation Isn't Attractive Enough

I'm increasing the earnings estimate for Capital City Bank Group, Inc. (NASDAQ: CCBG ) following the first quarter's results, wherein deposit growth and margin expansion beat my expectations. I'm now expecting the company to report an EPS of $3.26, up from my previous estimateAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my ow ...