Central Bancompany (NASDAQ:CBC – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $29.50.
A number of research analysts have recently issued reports on CBC shares. Weiss Ratings lowered shares of Central Bancompany from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Zacks Research lowered shares of Central Bancompany from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 8th. Piper Sandler reiterated an “overweight” rating and set a $31.00 price target on shares of Central Bancompany in a research note on Wednesday, April 29th. Keefe, Bruyette & Woods boosted their price target on shares of Central Bancompany from $27.50 to $28.00 and gave the stock a “market perform” rating in a research note on Wednesday, April 29th. Finally, Wall Street Zen upgraded shares of Central Bancompany from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th.
Institutional Inflows and Outflows
Central Bancompany Trading Down 1.2%
NASDAQ CBC opened at $27.70 on Wednesday. Central Bancompany has a one year low of $21.99 and a one year high of $29.26. The company has a fifty day simple moving average of $26.96.
Central Bancompany (NASDAQ:CBC – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.02. The firm had revenue of $273.71 million for the quarter, compared to analyst estimates of $267.74 million. Equities analysts anticipate that Central Bancompany will post 1.93 earnings per share for the current year.
Central Bancompany Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 22nd were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Friday, May 22nd.
Central Bancompany Company Profile
Central Bancompany (NASDAQ: CBC) is a bank holding company that provides a range of banking and financial services through its subsidiary banks and nonbank affiliates. Headquartered in Jefferson City, Missouri, the company offers traditional deposit and lending products to individuals and businesses, including checking and savings accounts, certificates of deposit, consumer and commercial loans, and mortgage origination and servicing. Its operations emphasize relationship banking for local and regional customers.
In addition to core banking activities, Central Bancompany offers treasury and cash management services, online and mobile banking, and wealth management and trust services designed to support personal and business financial planning.
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