Community Trust Bancorp Inc

Community Trust Bancorp Inc Stock Forecast & Price Prediction

Live Community Trust Bancorp Inc Stock (CTBI) Price
$58.98

3

Ratings

  • Buy 3
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$58.98

P/E Ratio

13.40

Volume Traded Today

$38,500

Dividend

$0.47

52 Week High/low

61.67/38.44

Community Trust Bancorp Inc Market Cap

$1.07B

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CTBI Summary

From what 3 stock analysts predict, the share price for Community Trust Bancorp Inc (CTBI) might increase by 1.73% in the next year. This is based on a 12-month average estimation for CTBI. Price targets go from $56 to $64. The majority of stock analysts believe CTBI is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CTBI Analyst Ratings

Community Trust Bancorp Inc has a total of 3 Wall St Analyst ratings. There are 3 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Community Trust Bancorp Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

CTBI stock forecast by analyst

These are the latest 20 analyst ratings of CTBI.

Analyst/Firm

Rating

Price Target

Change

Date

Andrew Liesch
Piper Sandler

Overweight

$64

Assumes

Nov 8, 2024
Daniel Cardenas
Janney Montgomery Scott

Buy


Initiates

Mar 27, 2024
Casey Orr Whitman
Piper Sandler

Overweight

$47

Initiates

Feb 16, 2024

Piper Sandler

Overweight


Upgrade

Dec 9, 2020

Piper Sandler

Neutral

$32

Maintains

Sep 30, 2020
Brendan Nosal
Piper Sandler

Neutral

$42

Maintains

Mar 2, 2020

Hilliard Lyons

Underperform


Downgrade

Feb 27, 2017

Keefe, Bruyette & Woods

Market Perform

$37

Maintains

Jul 16, 2015

Keefe Bruyette & Woods

Market Perform


Maintains

Jul 16, 2015

Sandler O'Neill

Hold


Downgrade

Jan 22, 2015

Keefe Bruyette & Woods

Market Perform


Maintains

Jan 22, 2015

Piper Sandler

Hold


Downgrade

Jan 22, 2015

Keefe, Bruyette & Woods

Market Perform

$36

Maintains

Jan 22, 2015

CTBI Company Information

What They Do: Provides banking and wealth management services.

Business Model: The company operates as a bank holding company, primarily generating revenue through interest from a diverse loan portfolio, which includes commercial, personal, and mortgage loans. It also earns income from various banking services, such as cash management, trust services, and brokerage activities, while offering deposits and investment products to its customers.

Other Information: Community Trust Bancorp has a strong focus on small and mid-sized communities across Kentucky, West Virginia, and Tennessee. Established in 1903, it has a long history and a solid reputation in the banking industry, emphasizing customer service and community engagement.
CTBI
Community Trust Bancorp Inc (CTBI)

When did it IPO

1993

Staff Count

943

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Mark A. Gooch CTB

Market Cap

$1.07B

Community Trust Bancorp Inc (CTBI) Financial Data

In 2023, CTBI generated $230.8M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CTBI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$230.8M

0.00 %
From Previous Year
  • Revenue TTM $226.8M
  • Operating Margin TTM 47.3%
  • Gross profit TTM $0
  • Return on assets TTM 1.4%
  • Return on equity TTM 11.2%
  • Profit Margin 34.8%
  • Book Value Per Share 42.14%
  • Market capitalisation $1.07B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $230.8M
  • EPS this year (TTM) $4.40

Community Trust Bancorp Inc (CTBI) Latest News

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Community Trust Bancorp, Inc. (NASDAQ:CTBI) declared a cash dividend of $0.47 per share, payable on January 2, 2025, to shareholders of record on December 15, 2024.

Why It Matters - The declaration of a cash dividend signals financial health and returns value to shareholders, potentially attracting more investors and influencing stock price positively.

News Image

Mon, 21 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CTBI and ORLA have been added to the Zacks Rank #1 (Strong Buy) momentum stocks list as of October 21, 2024.

Why It Matters - CTBI and ORLA's inclusion in the Zacks Rank #1 (Strong Buy) list signals strong potential for price appreciation, attracting investor interest and possibly driving stock demand upward.

News Image

Mon, 21 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CTBI, HRB, and HQI received a Zacks Rank #1 (Strong Buy) designation as of October 21, 2024, indicating strong performance potential among income stocks.

Why It Matters - CTBI, HRB, and HQI receiving a Zacks Rank #1 indicates strong earnings potential, suggesting these stocks may outperform the market, attracting investor interest and potentially driving up prices.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Community Trust Bancorp reported Q3 2024 net income of $22.1M, up from $20.6M in Q3 2023. EPS rose to $1.23. YTD net income is $60.3M, slightly higher than $59.3M in 2023.

Why It Matters - Community Trust Bancorp reported higher earnings and EPS in Q3 2024, indicating strong financial performance and potential growth, which could drive investor confidence and stock value.

News Image

Wed, 16 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Community Trust Bancorp (CTBI) reported Q3 earnings of $1.23 per share, exceeding the Zacks Consensus Estimate of $1.15, and up from $1.15 per share in the same quarter last year.

Why It Matters - CTBI's earnings beat expectations, indicating strong performance and growth, which could boost investor confidence and potentially drive stock price appreciation.

News Image

Thu, 03 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Community Trust Bancorp (CTBI) has been upgraded to a Zacks Rank #2 (Buy) due to increasing optimism about its earnings prospects, potentially indicating a positive trend for investors.

Why It Matters - The upgrade to Zacks Rank #2 signals increased confidence in CTBI's earnings potential, suggesting possible stock price appreciation and making it an attractive investment opportunity.

...

CTBI Frequently asked questions

The highest forecasted price for CTBI is $64 from Andrew Liesch at Piper Sandler.

The lowest forecasted price for CTBI is $56 from from

The CTBI analyst ratings consensus are 3 buy ratings, 0 hold ratings, and 0 sell ratings.