Capital City Bank Group (NASDAQ:CCBG) Lowered to Market Perform Rating by Keefe, Bruyette & Woods

Keefe, Bruyette & Woods lowered shares of Capital City Bank Group (NASDAQ:CCBG) from an outperform rating to a market perform rating in a research note issued to investors on Wednesday morning, MarketBeat Ratings reports. The firm currently has $45.00 price target on the financial services provider’s stock, down from their previous price target of $47.00.

A number of other brokerages have also weighed in on CCBG. Capital One Financial set a $45.00 price target on shares of Capital City Bank Group in a report on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Capital City Bank Group in a research report on Monday, December 29th. Finally, Zacks Research upgraded Capital City Bank Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Capital City Bank Group has an average rating of “Buy” and a consensus target price of $45.00.

Capital City Bank Group Stock Performance

Capital City Bank Group stock opened at $40.17 on Wednesday. The stock has a 50-day simple moving average of $43.14 and a 200 day simple moving average of $41.97. The stock has a market capitalization of $685.70 million, a price-to-earnings ratio of 11.25 and a beta of 0.36. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.08. Capital City Bank Group has a 12-month low of $32.38 and a 12-month high of $46.83.

Capital City Bank Group (NASDAQ:CCBG) last issued its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.09). The company had revenue of $63.46 million for the quarter, compared to the consensus estimate of $64.65 million. Capital City Bank Group had a return on equity of 11.69% and a net margin of 21.47%. On average, research analysts anticipate that Capital City Bank Group will post 3.06 earnings per share for the current fiscal year.

Capital City Bank Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a $0.26 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.6%. Capital City Bank Group’s dividend payout ratio is 29.13%.

Institutional Investors Weigh In On Capital City Bank Group

Institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Capital City Bank Group by 4.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,175 shares of the financial services provider’s stock valued at $294,000 after purchasing an additional 327 shares during the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Capital City Bank Group during the 3rd quarter worth about $28,000. Mariner LLC grew its position in shares of Capital City Bank Group by 7.8% during the 3rd quarter. Mariner LLC now owns 11,104 shares of the financial services provider’s stock worth $464,000 after buying an additional 801 shares during the period. Panagora Asset Management Inc. increased its stake in shares of Capital City Bank Group by 1.1% in the 2nd quarter. Panagora Asset Management Inc. now owns 77,009 shares of the financial services provider’s stock valued at $3,030,000 after acquiring an additional 837 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of Capital City Bank Group in the 3rd quarter valued at approximately $38,000. 44.59% of the stock is owned by institutional investors and hedge funds.

More Capital City Bank Group News

Here are the key news stories impacting Capital City Bank Group this week:

• Positive Sentiment: Full-year strength: CCBG reported 2025 net income of $61.6M (up ~16.5% vs. 2024), a 14.3% increase in tangible book value per share and a 13.6% dividend boost — signals capital generation and shareholder returns. Press Release
• Neutral Sentiment: Short-interest entries in the feed show odd/empty values (0 shares, NaN) and a 0.0 days-to-cover metric — the reported short-interest change appears unreliable and should not be treated as a confirmed short squeeze/pressure signal.
• Negative Sentiment: Quarterly miss: Q4 EPS of $0.80 missed consensus ~$0.89 and revenue ($63.46M) fell short of estimates — a clear near-term negative that likely prompted selling. Zacks Earnings Recap
• Negative Sentiment: Analyst action: Keefe, Bruyette & Woods downgraded CCBG from “outperform” to “market perform” and trimmed its price target (now $45) — reduces buy-side support/near-term upside expectations. Analyst Note
• Negative Sentiment: Quarterly softness in fees and loan balances: management flagged a QoQ decline in noninterest income and a drop in loan balances (loans decreased ~1.4-4.0% across periods), plus a slight QoQ NIM compression — these operational trends weigh on near-term profitability. GlobeNewswire Release
• Negative Sentiment: Insider selling noted (treasurer sale of 8,000 shares in Quiver summary) — small but can reinforce caution among investors watching insider flows. Quiver Quant Summary

About Capital City Bank Group

Capital City Bank Group, Inc is a Florida‐based bank holding company headquartered in Tallahassee. As the parent of Capital City Bank, it offers a full suite of financial services through a network of community banking offices. The company traces its origins to the late 19th century, reflecting more than a century of continuous operation in its home market.

Through its banking subsidiary, Capital City Bank Group provides retail and commercial banking products, including checking and savings accounts, consumer and commercial loans, mortgage financing, and treasury management services.