Camden National (NASDAQ:CAC - Get Free Report) will likely be announcing its Q1 2025 earnings results before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $57.63 million for the quarter.
Camden National (NASDAQ:CAC - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.14. Camden National had a return on equity of 10.38% and a net margin of 18.02%. During the same quarter last year, the business earned $0.85 earnings per share. On average, analysts expect Camden National to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Camden National Price Performance
Shares of NASDAQ:CAC traded up $0.14 during mid-day trading on Thursday, reaching $38.66. The stock had a trading volume of 62,083 shares, compared to its average volume of 67,015. The company has a market cap of $652.81 million, a P/E ratio of 10.68 and a beta of 0.61. The business's 50 day moving average price is $39.96 and its 200 day moving average price is $42.93. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.08. Camden National has a 1 year low of $30.78 and a 1 year high of $50.07.
Camden National Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th were issued a dividend of $0.42 per share. The ex-dividend date was Tuesday, April 15th. This represents a $1.68 annualized dividend and a dividend yield of 4.35%. Camden National's dividend payout ratio (DPR) is 46.41%.
Analyst Ratings Changes
Several equities research analysts recently weighed in on CAC shares. StockNews.com started coverage on shares of Camden National in a research report on Friday, April 25th. They issued a "hold" rating on the stock. Raymond James restated an "outperform" rating and set a $53.00 target price (up from $50.00) on shares of Camden National in a research report on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods lifted their price target on Camden National from $48.00 to $50.00 and gave the stock a "market perform" rating in a research report on Wednesday, January 29th.
Get Our Latest Stock Analysis on Camden National
About Camden National
(
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Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in Maine, New Hampshire, and Massachusetts. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system.
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