NASDAQ:CAC

Camden National (CAC) Stock Price, News & Analysis

$30.31
+0.25 (+0.83%)
(As of 04/22/2024 ET)
Today's Range
$30.04
$30.66
50-Day Range
$28.65
$33.71
52-Week Range
$26.52
$39.70
Volume
31,591 shs
Average Volume
43,766 shs
Market Capitalization
$443.44 million
P/E Ratio
10.21
Dividend Yield
5.54%
Price Target
N/A

Camden National MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.99% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.26mentions of Camden National in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.71%
From $3.08 to $3.41 Per Share

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.

3.21 out of 5 stars

Finance Sector

469th out of 852 stocks

National Commercial Banks Industry

57th out of 82 stocks

CAC stock logo

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.

CAC Stock Price History

CAC Stock News Headlines

Camden National Corporation (CAC)
[Shocking] Elon Musk’s Plan To End Banks
Leaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030.
[Shocking] Elon Musk’s Plan To End Banks
Leaked Elon Musk call reveals shocking plan to replace banks. As Musk's plan rolls out, industry experts predict it could spark a wave of mass crypto adoption. Triggering a new crypto bull run. While helping drive a booming crypto asset class up from $2.5-billion to $16-trillion (a 6,400x increase) by 2030.
Camden National declares $0.42 dividend
Camden National Corp.
Should Value Investors Buy Camden National (CAC) Stock?
KBW Reaffirms Their Hold Rating on Camden National (CAC)
See More Headlines
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Company Calendar

Ex-Dividend for 1/31 Dividend
1/11/2024
Last Earnings
1/30/2024
Dividend Payable
1/31/2024
Ex-Dividend for 4/30 Dividend
4/12/2024
Today
4/22/2024
Dividend Payable
4/30/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:CAC
CUSIP
13303410
Employees
600
Year Founded
N/A

Profitability

Net Income
$43.38 million
Pretax Margin
20.92%

Debt

Sales & Book Value

Annual Sales
$257.28 million
Cash Flow
$4.10 per share
Book Value
$34.01 per share

Miscellaneous

Free Float
14,357,000
Market Cap
$443.44 million
Optionable
Optionable
Beta
0.74
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Key Executives

  • Mr. Michael R. Archer CPA (Age 40)
    Executive VP & CFO
    Comp: $337.23k
  • Mr. William H. Martel (Age 54)
    Executive VP of Technology & Support Services and CTO
    Comp: $434k
  • Mr. Gregory A. Dufour (Age 63)
    Executive Officer
    Comp: $993.24k
  • Mr. Timothy P. Nightingale (Age 66)
    Executive VP & Chief Credit Officer
    Comp: $508.65k
  • Ms. Patricia A. Rose (Age 59)
    Executive Vice President of Retail & Mortgage Banking
    Comp: $431.31k
  • Mr. Craig Norman DenekasMr. Craig Norman Denekas (Age 59)
    Secretary & Director
    Comp: $47.45k
  • Mr. Simon R. Griffiths (Age 50)
    CEO, President & Director
  • Ms. Renée D. Smyth (Age 53)
    Executive VP and Chief Experience & Marketing Officer
  • Ms. Carolyn Carson-Crosby
    Senior Vice President of Employee Relations and Engagement Manager
  • Ms. Jennifer Lloyd Mirabile CFP (Age 64)
    Executive VP & MD of Camden National Wealth Management

CAC Stock Analysis - Frequently Asked Questions

How have CAC shares performed in 2024?

Camden National's stock was trading at $37.63 at the beginning of 2024. Since then, CAC shares have decreased by 19.5% and is now trading at $30.31.
View the best growth stocks for 2024 here
.

When is Camden National's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our CAC earnings forecast
.

How can I listen to Camden National's earnings call?

Camden National will be holding an earnings conference call on Tuesday, April 30th at 3:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Camden National's earnings last quarter?

Camden National Co. (NASDAQ:CAC) announced its quarterly earnings results on Tuesday, January, 30th. The financial services provider reported $0.85 EPS for the quarter, meeting analysts' consensus estimates of $0.85. The financial services provider earned $65.78 million during the quarter, compared to analysts' expectations of $42.75 million. Camden National had a net margin of 16.86% and a trailing twelve-month return on equity of 10.90%. During the same period last year, the company earned $1.05 earnings per share.

How often does Camden National pay dividends? What is the dividend yield for Camden National?

Camden National announced a quarterly dividend on Tuesday, March 26th. Shareholders of record on Monday, April 15th will be given a dividend of $0.42 per share on Tuesday, April 30th. This represents a $1.68 annualized dividend and a dividend yield of 5.54%. The ex-dividend date of this dividend is Friday, April 12th.
Read our dividend analysis for CAC
.

Is Camden National a good dividend stock?

Camden National (NASDAQ:CAC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 5.59%. CAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 56.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAC will have a dividend payout ratio of 49.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAC.

What is Greg Dufour's approval rating as Camden National's CEO?

17 employees have rated Camden National Chief Executive Officer Greg Dufour on Glassdoor.com. Greg Dufour has an approval rating of 81% among the company's employees.

What other stocks do shareholders of Camden National own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Camden National investors own include NVIDIA (NVDA), Boeing (BA), General Motors (GM), Main Street Capital (MAIN), Verizon Communications (VZ), AbbVie (ABBV), Overstock.com (OSTK), Pure Storage (PSTG), QUALCOMM (QCOM) and Riot Platforms (RIOT).

Who are Camden National's major shareholders?

Camden National's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Coston McIsaac & Partners (0.07%). Insiders that own company stock include Craig N Denekas, David C Flanagan, Gregory A Dufour, Jennifer Lloyd Mirabile, Lawrence J Sterrs, Renee Smyth and S Catherine Longley.
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.

This page (NASDAQ:CAC) was last updated on 4/22/2024 by MarketBeat.com Staff

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