Capital Bank Financial Corp. (NASDAQ:CBF) announced a quarterly dividend on Friday, July 21st, Zacks reports. Investors of record on Monday, August 7th will be given a dividend of 0.12 per share by the financial services provider on Monday, August 21st. This represents a $0.48 annualized dividend and a dividend yield of 1.28%. The ex-dividend date is Thursday, August 3rd.
Capital Bank Financial Corp. (NASDAQ:CBF) traded down 1.18% during midday trading on Friday, hitting $37.60. 338,206 shares of the company traded hands. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 24.90 and a beta of 0.46. The stock’s 50-day moving average price is $38.23 and its 200 day moving average price is $39.73. Capital Bank Financial Corp. has a 12-month low of $28.84 and a 12-month high of $45.00.
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Several analysts recently commented on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $41.00 target price on shares of Capital Bank Financial Corp. in a report on Thursday, April 6th. BidaskClub raised shares of Capital Bank Financial Corp. from a “sell” rating to a “hold” rating in a report on Saturday, June 10th. Barclays PLC lifted their target price on shares of Capital Bank Financial Corp. from $44.00 to $45.00 and gave the stock an “overweight” rating in a report on Tuesday, April 25th. FBR & Co downgraded shares of Capital Bank Financial Corp. from an “outperform” rating to a “mkt perform” rating and reduced their target price for the stock from $45.00 to $44.00 in a report on Monday, April 24th. Finally, Brean Capital downgraded shares of Capital Bank Financial Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, May 9th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Capital Bank Financial Corp. presently has a consensus rating of “Hold” and a consensus target price of $43.33.
Capital Bank Financial Corp. Company Profile
Capital Bank Financial Corp. is a bank holding company whose business is conducted through Capital Bank Corporation (the Bank). The Company, through its branches, offers a range of commercial and consumer loans and deposits, as well as ancillary financial services. It offers a range of commercial loan products, including owner occupied and non-owner occupied commercial real estate; construction; working capital loans and lines of credit; demand and time loans, and equipment, inventory and accounts receivable financing.
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