NASDAQ:CACCamden National Stock Price, Forecast & News

Camden National's stock was trading at $34.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CAC shares have decreased by 3.3% and is now trading at $32.97. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Camden National in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Camden National.

Camden National is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Camden National.

Camden National Co. (NASDAQ:CAC) announced its earnings results on Tuesday, April, 28th. The financial services provider reported $0.89 EPS for the quarter, topping the consensus estimate of $0.69 by $0.20. The financial services provider earned $43.23 million during the quarter, compared to analysts' expectations of $41.42 million. Camden National had a net margin of 26.76% and a return on equity of 11.87%. View Camden National's earnings history.

Camden National declared a quarterly dividend on Tuesday, June 30th. Stockholders of record on Wednesday, July 15th will be paid a dividend of $0.33 per share on Friday, July 31st. This represents a $1.32 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date is Tuesday, July 14th. View Camden National's dividend history.

2 brokerages have issued 12-month target prices for Camden National's stock. Their forecasts range from $48.00 to $48.00. On average, they anticipate Camden National's share price to reach $48.00 in the next year. This suggests a possible upside of 45.6% from the stock's current price. View analysts' price targets for Camden National.

News articles about CAC stock have trended neutral recently, according to InfoTrie. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Camden National earned a coverage optimism score of 0.4 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Camden National.

Some companies that are related to Camden National include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Camden National investors own include Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), Boeing (BA), General Motors (GM), Harley-Davidson (HOG), AT&T (T), Abbott Laboratories (ABT), Amplify Energy (AMPY) and Amplify Energy (AMPY).

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

Camden National's stock is owned by many different institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.28%) and Ipswich Investment Management Co. Inc. (0.15%). Company insiders that own Camden National stock include Ann W Bresnahan, Carl John Soderberg, Deborah A Jordan, Gregory A Dufour, Joanne T Campbell and Marie J Mccarthy. View institutional ownership trends for Camden National.

CAC stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, and Ipswich Investment Management Co. Inc.. Company insiders that have bought Camden National stock in the last two years include Ann W Bresnahan, Carl John Soderberg, Deborah A Jordan, Gregory A Dufour, Joanne T Campbell, and Marie J Mccarthy. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of CAC stock can currently be purchased for approximately $32.97.

Camden National has a market capitalization of $492.90 million and generates $210.63 million in revenue each year. The financial services provider earns $57.20 million in net income (profit) each year or $3.69 on an earnings per share basis. Camden National employs 634 workers across the globe.

The official website for Camden National is www.camdennational.com.

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]