NASDAQ:CAC Camden National (CAC) Stock Price, News & Analysis $38.74 +1.04 (+2.76%) (As of 09/13/2024 ET) Add Compare Share Share Today's Range$37.83▼$38.8250-Day Range$32.17▼$41.6852-Week Range$26.52▼$43.44Volume84,574 shsAverage Volume48,312 shsMarket Capitalization$564.44 millionP/E Ratio12.87Dividend Yield4.34%Price Target$41.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Camden National alerts: Email Address Camden National MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside7.1% Upside$41.50 Price TargetShort InterestHealthy2.50% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.80Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth4.79%From $3.34 to $3.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.02 out of 5 starsFinance Sector640th out of 875 stocksNational Commercial Banks Industry65th out of 86 stocks 1.0 Analyst's Opinion Consensus RatingCamden National has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageCamden National has only been the subject of 2 research reports in the past 90 days.Read more about Camden National's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.50% of the float of Camden National has been sold short.Short Interest Ratio / Days to CoverCamden National has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Camden National has recently decreased by 0.74%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCamden National is a leading dividend payer. It pays a dividend yield of 4.43%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCamden National does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Camden National is 55.81%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Camden National will have a dividend payout ratio of 48.00% next year. This indicates that Camden National will be able to sustain or increase its dividend.Read more about Camden National's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CAC. Previous Next 3.2 News and Social Media Coverage News SentimentCamden National has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Camden National this week, compared to 2 articles on an average week.Search Interest5 people have searched for CAC on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Camden National to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Camden National insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.86% of the stock of Camden National is held by insiders.Percentage Held by Institutions77.41% of the stock of Camden National is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Camden National's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Camden National are expected to grow by 4.79% in the coming year, from $3.34 to $3.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Camden National is 12.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Camden National is 12.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.56.Price to Book Value per Share RatioCamden National has a P/B Ratio of 1.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Camden National's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…Go here now to watch my new documentary About Camden National Stock (NASDAQ:CAC)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. Its loan products include non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. The company also provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.Read More CAC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CAC Stock News HeadlinesSeptember 14 at 12:45 AM | investing.comCamden National shares maintain Market Perform rating with accretive deal in sightSeptember 13 at 2:51 AM | americanbankingnews.comCamden National (NASDAQ:CAC) PT Raised to $41.00September 14, 2024 | Porter & Company (Ad)War on Elon Escalates… One company holds a near-total monopoly on this technology. Elon Musk is one of the few people who knows this. That’s why in his recent interview with Trump, he brought up this technology as a viable solution to America’s growing energy needs. What is this technology and why has it put Elon in the middle of an ideological war with the elites?September 12 at 6:35 PM | markets.businessinsider.comKBW Sticks to Its Hold Rating for Camden National (CAC)September 11 at 8:35 AM | finance.yahoo.comThose who invested in Camden National (NASDAQ:CAC) a year ago are up 30%September 10, 2024 | prnewswire.comCamden National Corporation and Northway Financial, Inc. to MergeSeptember 8, 2024 | americanbankingnews.comCamden National (NASDAQ:CAC) Shares Gap Up to $38.33August 17, 2024 | msn.comAre Options Traders Betting on a Big Move in Camden National (CAC) Stock?September 14, 2024 | Porter & Company (Ad)War on Elon Escalates… One company holds a near-total monopoly on this technology. Elon Musk is one of the few people who knows this. That’s why in his recent interview with Trump, he brought up this technology as a viable solution to America’s growing energy needs. What is this technology and why has it put Elon in the middle of an ideological war with the elites?August 15, 2024 | finance.yahoo.comCAC Sep 2024 35.000 put (CAC240920P00035000)August 13, 2024 | msn.comMissing Camden siblings found safe, Arkansas police saysAugust 5, 2024 | ca.finance.yahoo.com3LR.SG,0P0001KAZ3,0 (3LR.SG)July 31, 2024 | msn.comCamden National Corporation (NASDAQ:CAC) Q2 2024 Earnings Call TranscriptJuly 30, 2024 | prnewswire.comCamden National Corporation Reports Second Quarter 2024 Earnings of $12.0 Million and Diluted EPS of $0.81July 27, 2024 | msn.comCamden police mourning the passing of former officer L.C. “Buckshot” SmithJuly 26, 2024 | msn.com'It's a really fun weekend': The Camden Classics Cup sets sail for eighth yearJuly 5, 2024 | prnewswire.comCamden National Corporation to Announce Quarter Ended June 30, 2024 Financial Results on July 30, 2024June 25, 2024 | prnewswire.comCamden National Corporation Announces its Second Quarter 2024 DividendSee More Headlines Receive CAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Camden National and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 7/31 Dividend7/15/2024Last Earnings7/30/2024Dividend Payable7/31/2024Today9/13/2024Next Earnings (Estimated)10/29/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:CAC CUSIP13303410 CIK750686 Webwww.camdennational.com Phone(207) 236-8821Fax207-236-6256Employees620Year FoundedN/APrice Target and Rating Average Stock Price Target$41.50 High Stock Price Target$42.00 Low Stock Price Target$41.00 Potential Upside/Downside+7.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.01 Trailing P/E Ratio12.87 Forward P/E Ratio11.60 P/E GrowthN/ANet Income$43.38 million Net Margins16.01% Pretax Margin19.68% Return on Equity10.36% Return on Assets0.89% Debt Debt-to-Equity Ratio0.09 Current Ratio0.82 Quick Ratio0.81 Sales & Book Value Annual Sales$257.28 million Price / Sales2.19 Cash Flow$4.16 per share Price / Cash Flow9.32 Book Value$34.01 per share Price / Book1.14Miscellaneous Outstanding Shares14,570,000Free Float14,335,000Market Cap$564.44 million OptionableOptionable Beta0.72 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Simon R. Griffiths (Age 50)CEO, President & Director Comp: $797.11kMr. Michael R. Archer CPA (Age 40)Executive VP & CFO Comp: $378.18kMr. William H. Martel (Age 54)Executive VP of Technology & Support Services and CTO Comp: $421.8kMr. Gregory A. Dufour (Age 63)Executive Officer Comp: $933.62kMs. Patricia A. Rose (Age 59)Executive Vice President of Retail & Mortgage Banking Comp: $410.53kMr. Craig Norman Denekas (Age 59)Secretary & Independent Director Comp: $51.5kMs. Renée D. Smyth (Age 53)Executive VP and Chief Experience & Marketing Officer Mr. Andrew R. ForbesExecutive VP & Chief Human Resources OfficerMr. Timothy P. Nightingale (Age 66)Executive VP & Chief Credit Officer Comp: $508.65kMs. Carolyn Carson-CrosbySenior Vice President of Employee Relations and Engagement ManagerMore ExecutivesKey CompetitorsBridge BancorpNASDAQ:BDGEArrow FinancialNASDAQ:AROWAlerus FinancialNASDAQ:ALRSCBTXNASDAQ:CBTXFinancial InstitutionsNASDAQ:FISIView All CompetitorsInstitutional OwnershipKimelman & Baird LLCBought 149,797 shares on 8/19/2024Ownership: 1.026%Creative PlanningBought 8,274 shares on 8/16/2024Ownership: 0.143%Northwestern Mutual Wealth Management Co.Bought 2,217 shares on 8/16/2024Ownership: 0.015%AQR Capital Management LLCSold 446 shares on 8/15/2024Ownership: 0.296%ProShare Advisors LLCSold 36,798 shares on 8/14/2024Ownership: 1.387%View All Institutional Transactions CAC Stock Analysis - Frequently Asked Questions How have CAC shares performed this year? Camden National's stock was trading at $37.63 on January 1st, 2024. Since then, CAC shares have increased by 2.9% and is now trading at $38.74. View the best growth stocks for 2024 here. How were Camden National's earnings last quarter? Camden National Co. (NASDAQ:CAC) released its quarterly earnings data on Tuesday, July, 30th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.10. The financial services provider had revenue of $72.81 million for the quarter, compared to analysts' expectations of $41.07 million. Camden National had a trailing twelve-month return on equity of 10.36% and a net margin of 16.01%. Who are Camden National's major shareholders? Camden National's top institutional shareholders include Dimensional Fund Advisors LP (5.73%), Renaissance Technologies LLC (1.93%), LSV Asset Management (1.63%) and ProShare Advisors LLC (1.39%). Insiders that own company stock include David C Flanagan, Renee Smyth, S Catherine Longley, Gregory A Dufour, Jennifer Lloyd Mirabile and Lawrence J Sterrs. View institutional ownership trends. How do I buy shares of Camden National? Shares of CAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Camden National own? Based on aggregate information from My MarketBeat watchlists, some other companies that Camden National investors own include NVIDIA (NVDA), Boeing (BA), General Motors (GM), Main Street Capital (MAIN), Verizon Communications (VZ), AbbVie (ABBV) and Overstock.com (OSTK). This page (NASDAQ:CAC) was last updated on 9/14/2024 by MarketBeat.com Staff From Our PartnersThe death of Nvidia?Today, I’m warning of another looming catastrophe. 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