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

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Community Trust Bancorp in the last twelve months. 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.

2 Wall Street analysts have issued 12-month target prices for Community Trust Bancorp's shares. Their CTBI share price targets range from $47.00 to $49.00. On average, they predict the company's share price to reach $48.00 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
View analysts price targets for CTBI or view top-rated stocks among Wall Street analysts.

Community Trust Bancorp's stock was trading at $43.86 at the start of the year. Since then, CTBI stock has decreased by 7.3% and is now trading at $40.65.
View the best growth stocks for 2024 here.

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

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

Community Trust Bancorp, Inc. (NASDAQ:CTBI) released its quarterly earnings data on Wednesday, October, 18th. The financial services provider reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.14. The financial services provider had revenue of $85 million for the quarter, compared to analysts' expectations of $57 million. Community Trust Bancorp had a trailing twelve-month return on equity of 11.68% and a net margin of 23.91%.

Community Trust Bancorp announced a quarterly dividend on Tuesday, January 23rd. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for CTBI.

Community Trust Bancorp (NASDAQ:CTBI) pays an annual dividend of $1.84 per share and currently has a dividend yield of 4.66%. 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.

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.

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).

Community Trust Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.07%), Calton & Associates Inc. (0.05%) and 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.

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.