Capital City Bank Group (NASDAQ:CCBG) Announces Quarterly Earnings Results

Capital City Bank Group (NASDAQ:CCBG) issued its quarterly earnings data on Tuesday. The financial services provider reported $0.77 EPS for the quarter, topping the consensus estimate of $0.70 by $0.07, Zacks reports. Capital City Bank Group had a net margin of 19.42% and a return on equity of 11.29%.

Capital City Bank Group Trading Down 0.8 %

NASDAQ:CCBG opened at $36.75 on Wednesday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.84 and a quick ratio of 0.83. The firm has a market capitalization of $622.55 million, a price-to-earnings ratio of 12.05 and a beta of 0.56. Capital City Bank Group has a one year low of $25.45 and a one year high of $40.86. The business has a fifty day moving average price of $37.33 and a 200-day moving average price of $35.43.

Capital City Bank Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were paid a $0.23 dividend. The ex-dividend date was Monday, December 9th. This represents a $0.92 annualized dividend and a dividend yield of 2.50%. Capital City Bank Group’s dividend payout ratio (DPR) is 30.16%.

Wall Street Analyst Weigh In

CCBG has been the subject of several recent research reports. StockNews.com lowered shares of Capital City Bank Group from a “buy” rating to a “hold” rating in a report on Friday, January 24th. Keefe, Bruyette & Woods lifted their target price on shares of Capital City Bank Group from $39.00 to $43.00 and gave the company an “outperform” rating in a report on Wednesday, December 4th.

About Capital City Bank Group

Capital City Bank Group, Inc operates as the financial holding company for Capital City Bank that provides a range of banking- related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services.