Community Trust Bancorp (NASDAQ:CTBI) Sets New 12-Month High – What’s Next?

Posted by Francis Steltz on Jun 10th, 2026

Community Trust Bancorp, Inc. (NASDAQ:CTBI – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $68.72 and last traded at $68.47, with a volume of 15303 shares trading hands. The stock had previously closed at $67.58.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on CTBI. Zacks Research upgraded Community Trust Bancorp from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. Weiss Ratings raised Community Trust Bancorp from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Strong Buy” and a consensus price target of $63.50.

Read Our Latest Analysis on Community Trust Bancorp

Community Trust Bancorp Price Performance

The firm has a market cap of $1.26 billion, a PE ratio of 12.11 and a beta of 0.54. 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 business’s fifty day moving average is $65.31 and its 200-day moving average is $61.69.

Community Trust Bancorp (NASDAQ:CTBI – Get Free Report) last released its earnings results on Wednesday, April 15th. The financial services provider reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $74.20 million for the quarter, compared to analysts’ expectations of $73.00 million. On average, research analysts predict that Community Trust Bancorp, Inc. will post 6.08 earnings per share for the current fiscal year.

Community Trust Bancorp Announces Dividend

The company 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 dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Monday, June 15th. Community Trust Bancorp’s dividend payout ratio is 37.13%.

Institutional Trading of Community Trust Bancorp

Hedge funds have recently made changes to their positions in the company. Janus Henderson Group PLC lifted its position in shares of Community Trust Bancorp by 114.0% during the 1st quarter. Janus Henderson Group PLC now owns 192,413 shares of the financial services provider’s stock valued at $11,684,000 after buying an additional 102,488 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Community Trust Bancorp by 60.4% in the 4th quarter. JPMorgan Chase & Co. now owns 147,957 shares of the financial services provider’s stock valued at $8,360,000 after acquiring an additional 55,733 shares during the period. Millennium Management LLC raised its stake in Community Trust Bancorp by 116.4% in the 1st quarter. Millennium Management LLC now owns 100,651 shares of the financial services provider’s stock valued at $5,069,000 after acquiring an additional 54,130 shares during the period. American Century Companies Inc. lifted its holdings in Community Trust Bancorp by 10.1% during the third quarter. American Century Companies Inc. now owns 452,995 shares of the financial services provider’s stock valued at $25,345,000 after purchasing an additional 41,551 shares during the last quarter. Finally, Maltese Capital Management LLC lifted its holdings in Community Trust Bancorp by 266.7% during the fourth quarter. Maltese Capital Management LLC now owns 55,000 shares of the financial services provider’s stock valued at $3,108,000 after purchasing an additional 40,000 shares during the last quarter. 60.20% of the stock is currently owned by institutional investors.

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.