Capital Bancorp, Inc. (NASDAQ:CBNK – Get Free Report) has received a consensus recommendation of “Hold” from the five ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $34.3333.

Several research analysts have recently commented on the stock. Stephens lowered their target price on shares of Capital Bancorp from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Weiss Ratings restated a “hold (c+)” rating on shares of Capital Bancorp in a research note on Tuesday. Zacks Research cut Capital Bancorp from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st. Hovde Group reduced their target price on Capital Bancorp from $36.00 to $35.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. Finally, Keefe, Bruyette & Woods decreased their price target on Capital Bancorp from $33.00 to $31.00 and set a “market perform” rating on the stock in a research report on Monday, November 10th.

In other news, CFO Dominic C. Canuso sold 3,400 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $27.95, for a total value of $95,030.00. Following the completion of the transaction, the chief financial officer directly owned 1,434 shares in the company, valued at approximately $40,080.30. The trade was a 70.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 32.50% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC acquired a new position in Capital Bancorp during the third quarter valued at approximately $29,000. Qube Research & Technologies Ltd boosted its holdings in shares of Capital Bancorp by 32.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 35,462 shares of the financial services provider’s stock valued at $1,131,000 after purchasing an additional 8,750 shares in the last quarter. Millennium Management LLC increased its stake in shares of Capital Bancorp by 3.5% in the 3rd quarter. Millennium Management LLC now owns 98,865 shares of the financial services provider’s stock valued at $3,154,000 after purchasing an additional 3,331 shares during the last quarter. Aquatic Capital Management LLC acquired a new position in shares of Capital Bancorp during the 3rd quarter worth $61,000. Finally, Creative Planning lifted its position in shares of Capital Bancorp by 2.3% during the 3rd quarter. Creative Planning now owns 21,018 shares of the financial services provider’s stock worth $670,000 after buying an additional 482 shares during the last quarter. 56.14% of the stock is owned by institutional investors.

CBNK opened at $28.67 on Friday. The stock has a fifty day moving average of $28.85 and a 200-day moving average of $31.63. The company has a market capitalization of $473.63 million, a P/E ratio of 9.75 and a beta of 0.68. Capital Bancorp has a fifty-two week low of $24.69 and a fifty-two week high of $36.40. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.02 and a current ratio of 1.03.

Capital Bancorp (NASDAQ:CBNK – Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The financial services provider reported $0.70 EPS for the quarter. Capital Bancorp had a net margin of 16.41% and a return on equity of 15.13%. The business had revenue of $21.01 million for the quarter. On average, equities analysts expect that Capital Bancorp will post 3.17 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Monday, November 10th. Capital Bancorp’s dividend payout ratio is presently 16.33%.

Capital Bancorp, Inc operates as the bank holding company for Capital Bank, N.A. that provides various banking products and services to businesses, not-for-profit associations, and entrepreneurs in Maryland, Virginia, and the District of Columbia. It operates through Commercial Banking, Capital Bank Home Loans, and OpenSky segments.

Receive News & Ratings for Capital Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Centessa Pharmaceuticals (NASDAQ:CNTA) Price Target Raised to $42.00