NASDAQ:CACCamden National Stock Price, Forecast & News

Camden National's stock was trading at $34.10 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CAC shares have decreased by 0.5% and is now trading at $33.93. 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, July 28th 2020. View our earnings forecast for Camden National.

Camden National Co. (NASDAQ:CAC) posted its quarterly earnings data on Tuesday, April, 28th. The financial services provider reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.20. The financial services provider had revenue of $43.23 million for the quarter, compared to the consensus estimate 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. Shareholders of record on Wednesday, July 15th will be given a dividend of $0.33 per share on Friday, July 31st. This represents a $1.32 annualized dividend and a yield of 3.89%. The ex-dividend date of this dividend is Tuesday, July 14th. View Camden National's dividend history.

2 equities research analysts have issued 1 year price objectives for Camden National's shares. Their forecasts range from $48.00 to $48.00. On average, they expect Camden National's stock price to reach $48.00 in the next year. This suggests a possible upside of 41.5% from the stock's current price. View analysts' price targets for Camden National.

News headlines about CAC stock have trended somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Camden National earned a news sentiment score of 1.8 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock'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 a number of retail and institutional investors. Top institutional shareholders 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 bought 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 $33.93.

Camden National has a market capitalization of $507.25 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]