About Camden National (NASDAQ:CAC)
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. The company also originates single family and multi-family residential loans, commercial real estate 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 January 30, 2018, it operated a network of 60 banking centers, 76 ATMs, and lending offices in New Hampshire and 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, Camden National Corporation 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.
Industry, Sector and Symbol
Industry National commercial banks
Trailing P/E Ratio16.96
Forward P/E Ratio14.03
Sales & Book Value
Annual Sales$174.70 million
Price / Sales4.13
Cash Flow$3.3285 per share
Price / Cash13.91
Book Value$26.00 per share
Price / Book1.78
EPS (Most Recent Fiscal Year)$2.73
Net Income$28.47 million
Return on Equity11.17%
Return on Assets1.12%
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 27th. Stockholders of record on Friday, April 13th will be paid a dividend of $0.25 per share on Monday, April 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date is Thursday, April 12th. View Camden National's Dividend History.
How were Camden National's earnings last quarter?
Camden National Co. (NASDAQ:CAC) released its quarterly earnings data on Tuesday, April, 24th. The financial services provider reported $0.82 EPS for the quarter, meeting the consensus estimate of $0.82. The financial services provider earned $37.71 million during the quarter. Camden National had a return on equity of 11.17% and a net margin of 17.56%. View Camden National's Earnings History.
When is Camden National's next earnings date?
What price target have analysts set for CAC?
2 brokers have issued 12 month price targets for Camden National's stock. Their predictions range from $48.00 to $51.00. On average, they expect Camden National's stock price to reach $49.50 in the next year. View Analyst Ratings for Camden National.
Who are some of Camden National's key competitors?
Some companies that are related to Camden National include Old National Bancorp (ONB), FCB Financial (FCB), Washington Federal (WAFD), First Midwest Bancorp (FMBI), Centerstate Bank (CSFL), Cadence Bancorp (CADE), Hope Bancorp (HOPE), First Merchants (FRME), Trustmark (TRMK), WesBanco (WSBC), BancFirst (BANF), Northwest Bancshares (NWBI), WSFS Financial (WSFS), NBT Bancorp (NBTB) and First Commonwealth Financial (FCF).
Who are Camden National's key executives?
Camden National's management team includes the folowing people:
- Mr. Gregory A. Dufour, Pres, CEO & Director (Age 57)
- Ms. Deborah A. Jordan CPA, Exec. VP, CFO, COO & Principal Financial & Accounting Officer (Age 52)
- Ms. Joanne T. Campbell, Exec. VP & Risk Management Officer (Age 55)
- Mr. Timothy P. Nightingale, Exec. VP & Sr. Loan Officer (Age 60)
- Mr. Edmund M. Hayden III, Exec. VP & Chief Credit Officer (Age 62)
Has Camden National been receiving favorable news coverage?
Media stories about CAC stock have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Camden National earned a news impact score of 0.02 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 46.40 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Camden National's major shareholders?
Camden National's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.93%), Dimensional Fund Advisors LP (4.80%), LSV Asset Management (4.43%), The Manufacturers Life Insurance Company (1.82%), Prudential Financial Inc. (0.67%) and Schwab Charles Investment Management Inc. (0.46%). 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, June B Parent and Timothy P Nightingale. 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 Schwab Charles Investment Management Inc., BlackRock Inc., Virginia Retirement Systems ET AL, Rothschild Asset Management Inc., Eagle Asset Management Inc., Atlantic Trust Group LLC, UBS Group AG and BNP Paribas Arbitrage SA. Company insiders that have sold Camden National company stock in the last year include Edmund M Hayden and Joanne T Campbell. View Insider Buying and Selling for Camden National.
Which institutional investors are buying Camden National stock?
CAC stock was purchased by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Dimensional Fund Advisors LP, Maltese Capital Management LLC, Monarch Partners Asset Management LLC, LSV Asset Management, California Public Employees Retirement System, GW&K Investment Management LLC and Millennium Management LLC. Company insiders that have bought Camden National stock in the last two years include Carl John Soderberg, Deborah A Jordan, Edmund M Hayden, Gregory A Dufour, Joanne T Campbell, John W Holmes and Timothy P Nightingale. 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 $46.30.
How big of a company is Camden National?
Camden National has a market capitalization of $717.78 million and generates $174.70 million in revenue each year. The financial services provider earns $28.47 million in net income (profit) each year or $2.73 on an earnings per share basis. Camden National employs 636 workers across the globe.
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 (CAC)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.