S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
Market Wizard who made $95 million for his clients in 2008 (Ad)
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
Market Wizard who made $95 million for his clients in 2008 (Ad)
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
Market Wizard who made $95 million for his clients in 2008 (Ad)
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
S&P 500   4,228.48
DOW   33,706.74
QQQ   322.86
Apple’s Stock Could Be On The Verge Of Another 30% Rally
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
2 Russian villages evacuated after fire at munitions depot
Near-Term Headwinds Present An Opportunity In Ross Stores
The Day of Financial Reckoning Is Near (Ad)
Global markets lower after Wall Street gains on jobs data
Stocks fall broadly, S&P 500 set to break winning streak
Market Wizard who made $95 million for his clients in 2008 (Ad)
Closing prices for crude oil, gold and other commodities
Yangtze shrinks as China's drought disrupts industry
NASDAQ:CAC

Camden National - CAC Stock Forecast, Price & News

$48.51
-0.16 (-0.33%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$46.31
$48.83
50-Day Range
$42.71
$49.01
52-Week Range
$41.48
$52.16
Volume
64,742 shs
Average Volume
41,681 shs
Market Capitalization
$709.46 million
P/E Ratio
11.47
Dividend Yield
3.29%
Price Target
$48.00

Camden National MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.1% Downside
$48.00 Price Target
Short Interest
Bearish
2.96% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.99mentions of Camden National in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$15,469 Bought Last Quarter
Proj. Earnings Growth
3.97%
From $4.28 to $4.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.93 out of 5 stars

Finance Sector

727th out of 896 stocks

National Commercial Banks Industry

77th out of 88 stocks

CAC stock logo

About Camden National (NASDAQ:CAC) Stock

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. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. 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 fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

Camden National Stock Performance

NASDAQ:CAC traded down $0.16 on Friday, hitting $48.51. 64,742 shares of the company traded hands, compared to its average volume of 41,681. The business's 50 day moving average price is $45.27 and its 200-day moving average price is $46.27. The company has a market capitalization of $709.46 million, a price-to-earnings ratio of 11.47 and a beta of 0.80. Camden National has a 52-week low of $41.48 and a 52-week high of $52.16. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.10.

Camden National (NASDAQ:CAC - Get Rating) last posted its earnings results on Tuesday, July 26th. The financial services provider reported $1.02 EPS for the quarter, missing analysts' consensus estimates of $1.05 by ($0.03). The firm had revenue of $47.68 million during the quarter, compared to analysts' expectations of $47.20 million. Camden National had a return on equity of 12.51% and a net margin of 31.49%. During the same quarter in the prior year, the firm posted $1.21 earnings per share. Equities analysts expect that Camden National will post 4.28 earnings per share for the current year.

Camden National Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 29th. Investors of record on Friday, July 15th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, July 14th. This represents a $1.60 dividend on an annualized basis and a yield of 3.30%. Camden National's dividend payout ratio is presently 37.83%.

Analyst Upgrades and Downgrades

Separately, Stephens lowered shares of Camden National from an "overweight" rating to an "equal weight" rating and set a $48.00 target price on the stock. in a research note on Thursday, August 4th.

Receive CAC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Camden National and its competitors with MarketBeat's FREE daily newsletter.

CAC Stock News Headlines

27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Camden National (CAC) Lags Q2 Earnings Estimates
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of 
Options expert Jeff Clark is on a mission to show every American at or near retirement how easy it is to trade options. Watch his 32-second options trading "training video" here. pixel
Earnings Preview: Camden National
Camden National Tops Q1 EPS by 11c
Camden National goes ex-dividend tomorrow
Camden National Corporation declares $0.40 dividend
See More Headlines
Receive CAC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Camden National and its competitors with MarketBeat's FREE daily newsletter.

CAC Company Calendar

Ex-Dividend for 7/29 Dividend
7/14/2022
Last Earnings
7/26/2022
Dividend Payable
7/29/2022
Today
8/19/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:CAC
CUSIP
13303410
Employees
620
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$48.00
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$48.00
Forecasted Upside/Downside
-1.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$69.01 million
Pretax Margin
39.61%

Debt

Sales & Book Value

Annual Sales
$198.22 million
Cash Flow
$5.45 per share
Book Value
$30.52 per share

Miscellaneous

Free Float
14,236,000
Market Cap
$709.46 million
Optionable
Optionable
Beta
0.80

Key Executives

  • Mr. Gregory A. Dufour (Age 61)
    Pres, CEO & Director
    Comp: $1.21M
  • Mr. William H. Martel (Age 52)
    Exec. VP of Technology & Support Services
    Comp: $442.65k
  • Mr. Timothy P. Nightingale (Age 64)
    Exec. VP & Chief Credit Officer
    Comp: $553.7k
  • Ms. Patricia A. Rose (Age 58)
    Exec. VP of Retail & Mortgage Banking
    Comp: $430.47k
  • Ms. Ann W. Bresnahan (Age 71)
    Sec. & Independent Director
    Comp: $41.91k
  • Mr. Michael R. Archer CPA (Age 38)
    Exec. VP, CFO and Principal Financial & Accounting Officer
  • Ms. Renée D. Smyth (Age 51)
    Exec. VP and Chief Experience & Marketing Officer
  • Ms. Heather D. Robinson CPA (Age 47)
    Exec. VP & Chief HR Officer
  • Ms. Joanne T. Campbell CRCM (Age 59)
    Exec. VP of Enterprise Risk Management & Chief Risk Officer
  • Ms. Carolyn Carson-Crosby
    Sr. VP of Employee Relations and Engagement Mang.













CAC Stock - Frequently Asked Questions

Should I buy or sell Camden National stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Camden National in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CAC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAC, but not buy additional shares or sell existing shares.
View CAC analyst ratings
or view top-rated stocks.

What is Camden National's stock price forecast for 2022?

2 Wall Street research analysts have issued 12 month price objectives for Camden National's stock. Their CAC share price forecasts range from $48.00 to $48.00. On average, they predict the company's share price to reach $48.00 in the next year. This suggests that the stock has a possible downside of 1.1%.
View analysts price targets for CAC
or view top-rated stocks among Wall Street analysts.

How have CAC shares performed in 2022?

Camden National's stock was trading at $48.16 on January 1st, 2022. Since then, CAC shares have increased by 0.7% and is now trading at $48.51.
View the best growth stocks for 2022 here
.

When is Camden National's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our CAC earnings forecast
.

How were Camden National's earnings last quarter?

Camden National Co. (NASDAQ:CAC) posted its quarterly earnings results on Tuesday, July, 26th. The financial services provider reported $1.02 EPS for the quarter, missing analysts' consensus estimates of $1.05 by $0.03. The financial services provider had revenue of $47.68 million for the quarter, compared to the consensus estimate of $47.20 million. Camden National had a net margin of 31.49% and a trailing twelve-month return on equity of 12.51%. During the same period in the prior year, the company posted $1.21 earnings per share.

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

Camden National declared a quarterly dividend on Tuesday, June 28th. Investors of record on Friday, July 15th will be given a dividend of $0.40 per share on Friday, July 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date is Thursday, July 14th.
Read our dividend analysis for CAC
.

Is Camden National a good dividend stock?

Camden National (NASDAQ:CAC) pays an annual dividend of $1.60 per share and currently has a dividend yield of 3.29%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAC will have a dividend payout ratio of 35.96% 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 Blockchain (RIOT).

What is Camden National's stock symbol?

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

Who are Camden National's major shareholders?

Camden National's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (8.35%), Franklin Resources Inc. (6.01%), State Street Corp (2.61%), Renaissance Technologies LLC (2.22%), Boston Trust Walden Corp (1.44%) and Northern Trust Corp (1.04%). Insiders that own company stock include Ann W Bresnahan, Craig N Denekas, David C Flanagan, Gregory A Dufour, Gregory A White, Jennifer Lloyd Mirabile, Joanne T Campbell, Lawrence J Sterrs, Marie J Mccarthy 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Camden National's stock price today?

One share of CAC stock can currently be purchased for approximately $48.51.

How much money does Camden National make?

Camden National (NASDAQ:CAC) has a market capitalization of $709.46 million and generates $198.22 million in revenue each year. The financial services provider earns $69.01 million in net income (profit) each year or $4.23 on an earnings per share basis.

How many employees does Camden National have?

The company employs 620 workers across the globe.

How can I contact Camden National?

Camden National's mailing address is 2 ELM STREET, CAMDEN ME, 04843. The official website for the company is www.camdennational.com. The financial services provider can be reached via phone at (207) 236-8821, via email at ir@camdennational.com, or via fax at 207-236-6256.

This page (NASDAQ:CAC) was last updated on 8/20/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.