Camden National (CAC) to Release Earnings on Tuesday

Camden National (NASDAQ:CAC - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Tuesday, July 29th. Analysts expect the company to announce earnings of $1.12 per share and revenue of $61.04 million for the quarter.

Camden National (NASDAQ:CAC - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by ($0.04). Camden National had a net margin of 15.03% and a return on equity of 10.28%. The business had revenue of $60.05 million for the quarter, compared to the consensus estimate of $57.63 million. 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 Stock Performance

Shares of CAC stock traded up $0.05 during mid-day trading on Friday, reaching $41.00. 55,716 shares of the company's stock traded hands, compared to its average volume of 65,854. Camden National has a 12 month low of $34.53 and a 12 month high of $50.07. The firm has a 50 day moving average price of $40.69 and a two-hundred day moving average price of $41.22. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market capitalization of $692.49 million, a PE ratio of 13.06 and a beta of 0.63.

Camden National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date is Tuesday, July 15th. Camden National's payout ratio is 53.50%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CAC shares. Wall Street Zen started coverage on shares of Camden National in a research report on Monday, May 19th. They set a "hold" rating for the company. Keefe, Bruyette & Woods cut their price objective on shares of Camden National from $48.00 to $47.00 and set a "market perform" rating for the company in a research report on Wednesday, May 7th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CAC. Empowered Funds LLC lifted its stake in Camden National by 8.4% in the 1st quarter. Empowered Funds LLC now owns 43,043 shares of the financial services provider's stock worth $1,742,000 after purchasing an additional 3,318 shares in the last quarter. Jane Street Group LLC purchased a new stake in Camden National in the 1st quarter worth $1,019,000. AQR Capital Management LLC lifted its stake in Camden National by 151.1% in the 1st quarter. AQR Capital Management LLC now owns 24,455 shares of the financial services provider's stock worth $990,000 after purchasing an additional 14,715 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Camden National by 20.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,925 shares of the financial services provider's stock worth $402,000 after purchasing an additional 1,661 shares in the last quarter. Hedge funds and other institutional investors own 77.41% of the company's stock.

Camden National Company Profile

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.