Community Trust Bancorp (NASDAQ:CTBI) Hits New 52-Week High – Should You Buy?

Posted by Stanley Muller on Jun 26th, 2026

Community Trust Bancorp, Inc. (NASDAQ:CTBI – Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $71.31 and last traded at $71.0550, with a volume of 60136 shares changing hands. The stock had previously closed at $70.08.

Analysts Set New Price Targets

Several brokerages recently commented on CTBI. Weiss Ratings raised shares of Community Trust Bancorp from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, May 18th. Piper Sandler began coverage on Community Trust Bancorp in a research report on Thursday, June 11th. They issued a “neutral” rating and a $76.00 target price on the stock. Finally, Zacks Research lowered Community Trust Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.50.

Check Out Our Latest Stock Analysis on Community Trust Bancorp

Community Trust Bancorp Trading Up 0.0%

The company has a debt-to-equity ratio of 0.08, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market capitalization of $1.30 billion, a P/E ratio of 12.50 and a beta of 0.54. The business’s 50-day moving average is $66.92 and its 200 day moving average is $62.86.

Community Trust Bancorp (NASDAQ:CTBI – Get Free Report) last announced its earnings results on Wednesday, April 15th. The financial services provider reported $1.50 EPS for the quarter, topping the consensus estimate of $1.39 by $0.11. Community Trust Bancorp had a net margin of 24.85% and a return on equity of 12.27%. The company had revenue of $74.20 million for the quarter, compared to analysts’ expectations of $73.00 million. As a group, analysts anticipate that Community Trust Bancorp, Inc. will post 6.13 EPS for the current fiscal year.

Community Trust Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.12 annualized dividend and a yield of 3.0%. Community Trust Bancorp’s payout ratio is currently 37.13%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Assetmark Inc. acquired a new stake in Community Trust Bancorp during the fourth quarter worth about $27,000. Garton & Associates Financial Advisors LLC bought a new position in shares of Community Trust Bancorp in the 4th quarter valued at $30,000. Quadrant Capital Group LLC bought a new position in shares of Community Trust Bancorp in the 3rd quarter valued at $86,000. Strs Ohio acquired a new position in shares of Community Trust Bancorp during the 1st quarter worth $86,000. Finally, Russell Investments Group Ltd. lifted its position in shares of Community Trust Bancorp by 478.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 1,650 shares of the financial services provider’s stock worth $92,000 after buying an additional 1,365 shares during the last quarter. Institutional investors and hedge funds own 60.20% of the company’s stock.

Community Trust Bancorp Company Profile

(Get Free Report)

Community Trust Bancorp, Inc is a bank holding company headquartered in Pikeville, Kentucky. As the parent of Community Trust Bank, the company provides a comprehensive range of banking services to individuals, families and businesses throughout eastern Kentucky, southern West Virginia and northeast Tennessee. With origins dating back to the early 20th century, the organization has built a reputation for supporting community development and regional economic growth across the Appalachian region.

The company’s personal banking offerings include checking and savings accounts, consumer installment loans, home equity and mortgage lending, as well as online and mobile banking platforms.