NASDAQ:CAC - Camden National Stock Price, News, & Analysis

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$43.89 +0.07 (+0.16 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$43.82
Today's Range$43.71 - $44.32
52-Week Range$33.49 - $47.86
Volume23,057 shs
Average Volume30,455 shs
Market Capitalization$681.17 million
P/E Ratio12.95
Dividend Yield2.74%
Beta0.8
Camden National Corporation operates as the holding company for Camden National Bank that provides commercial and consumer banking products and services to consumer, institutional, municipal, non-profit, and commercial customers. It offers various deposit products, including demand, checking, saving, and money market accounts; and time deposits, as well as certificates of deposit. The company also originates single family and multi-family residential loans, commercial real estate loans, business loans, municipal loans, and various consumer loans, as well as loans for the construction of residential homes, multi-family properties, and commercial real estate properties; and commercial lending to the small business medical field, including dentists, optometrists, and veterinarians. As of December 31, 2018, the Bank had 60 branches in 16 counties; 71 ATMs; commercial loan production offices in Manchester and Portsmouth, New Hampshire; and a mortgage loan production office in Braintree, Massachusetts. In addition, the company 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 investment management, financial planning, fiduciary, asset management, and wealth management services, as well as serves as trustee. The company was founded in 1875 and is headquartered in Camden, Maine.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:CAC
CUSIP13303410
Phone207-236-8821

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$189.55 million
Cash Flow$3.9048 per share
Book Value$29.23 per share

Profitability

Net Income$53.07 million

Miscellaneous

Employees634
Market Cap$681.17 million
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

Camden National (NASDAQ:CAC) Frequently Asked Questions

What is Camden National's stock symbol?

Camden National trades on the NASDAQ under the ticker symbol "CAC."

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. Stockholders of record on Monday, April 15th will be paid a dividend of $0.30 per share on Tuesday, April 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend is Friday, April 12th. View Camden National's Dividend History.

How were Camden National's earnings last quarter?

Camden National Co. (NASDAQ:CAC) issued its quarterly earnings data on Tuesday, April, 30th. The financial services provider reported $0.92 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.80 by $0.12. The financial services provider earned $41.28 million during the quarter, compared to analysts' expectations of $40.30 million. Camden National had a net margin of 27.70% and a return on equity of 12.73%. View Camden National's Earnings History.

When is Camden National's next earnings date?

Camden National is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Camden National.

What price target have analysts set for CAC?

1 brokers have issued 12 month price targets for Camden National's stock. Their predictions range from $51.50 to $51.50. On average, they expect Camden National's share price to reach $51.50 in the next year. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Price Targets for Camden National.

What is the consensus analysts' recommendation for Camden National?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Camden National in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Camden National.

Has Camden National been receiving favorable news coverage?

Media coverage about CAC stock has trended somewhat negative recently, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Camden National earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Camden National's key competitors?

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 Western Midstream Partners (WES), Ionis Pharmaceuticals (IONS), Neurocrine Biosciences (NBIX), Netflix (NFLX), Abbott Laboratories (ABT), Arconic (ARNC), Mcdonald's (MCD), 3M (MMM), Exxon Mobil (XOM) and Triangle Petroleum (TPLM).

Who are Camden National's key executives?

Camden National's management team includes the folowing people:
  • Mr. Gregory A. Dufour, Pres, CEO & Director (Age 58)
  • Ms. Deborah A. Jordan CPA, CPA, Exec. VP, CFO & COO (Age 53)
  • Ms. Joanne T. Campbell, Exec. VP of Risk Management (Age 56)
  • Mr. Timothy P. Nightingale, Exec. VP & Sr. Loan Officer (Age 61)
  • Ms. Patricia A. Rose, Exec. VP of Retail & Mortgage Banking (Age 55)

Who are Camden National's major shareholders?

Camden National's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (7.70%), BlackRock Inc. (7.55%), Dimensional Fund Advisors LP (5.24%), LSV Asset Management (3.98%), Royce & Associates LP (3.64%) and Renaissance Technologies LLC (3.14%). Company insiders that own Camden National stock include Carl John Soderberg, Deborah A Jordan, Edmund M Hayden, Gregory A Dufour, Joanne T Campbell, John W Holmes and Marie J Mccarthy. View Institutional Ownership Trends for Camden National.

Which institutional investors are selling Camden National stock?

CAC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Kennedy Capital Management Inc., Morgan Stanley, LSV Asset Management, Cornercap Investment Counsel Inc., The Manufacturers Life Insurance Company , IndexIQ Advisors LLC and Royce & Associates LP. Company insiders that have sold Camden National company stock in the last year include Gregory A Dufour and Joanne T Campbell. View Insider Buying and Selling for Camden National.

Which institutional investors are buying Camden National stock?

CAC stock was acquired by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Walthausen & Co. LLC, JPMorgan Chase & Co., Geode Capital Management LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP and Acadian Asset Management LLC. Company insiders that have bought Camden National stock in the last two years include Carl John Soderberg, Deborah A Jordan, Gregory A Dufour, Joanne T Campbell, John W Holmes and Marie J Mccarthy. View Insider Buying and Selling for Camden National.

How do I buy shares of Camden National?

Shares of CAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Camden National's stock price today?

One share of CAC stock can currently be purchased for approximately $43.89.

How big of a company is Camden National?

Camden National has a market capitalization of $681.17 million and generates $189.55 million in revenue each year. The financial services provider earns $53.07 million in net income (profit) each year or $3.39 on an earnings per share basis. Camden National employs 634 workers across the globe.

What is Camden National's official website?

The official website for Camden National is http://www.camdennational.com.

How can I contact Camden National?

Camden National's mailing address is 2 ELM STREET, CAMDEN ME, 04843. The financial services provider can be reached via phone at 207-236-8821 or via email at [email protected]


MarketBeat Community Rating for Camden National (NASDAQ CAC)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  199 (Vote Outperform)
Underperform Votes:  136 (Vote Underperform)
Total Votes:  335
MarketBeat's community ratings are surveys of what our community members think about Camden National and other stocks. Vote "Outperform" if you believe CAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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