CATCo Reinsurance Opps C Stock Price, News & Analysis (NASDAQ:CATC) $58.43 -0.97 (-1.63%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$58.23▼$59.4750-Day Range$53.71▼$63.5852-Week Range$44.62▼$90.00Volume26,673 shsAverage Volume51,962 shsMarket Capitalization$458.68 millionP/E Ratio12.28Dividend Yield4.59%Price Target$80.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media CATCo Reinsurance Opps C MarketRank™ Stock AnalysisAnalyst RatingHold2.20 Rating ScoreUpside/Downside37.0% Upside$80.08 Price TargetShort InterestHealthy1.14% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.43Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-24.44%From $4.91 to $3.71 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.11 out of 5 starsFinance Sector27th out of 855 stocksState Commercial Banks Industry7th out of 182 stocks 3.1 Analyst's Opinion Consensus RatingCATCo Reinsurance Opps C has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $80.08, CATCo Reinsurance Opps C has a forecasted upside of 37.0% from its current price of $58.43.Amount of Analyst CoverageCATCo Reinsurance Opps C has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.14% of the outstanding shares of CATCo Reinsurance Opps C have been sold short.Short Interest Ratio / Days to CoverCATCo Reinsurance Opps C has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CATCo Reinsurance Opps C has recently decreased by 48.47%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipCATCo Reinsurance Opps C is a leading dividend payer. It pays a dividend yield of 4.59%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCATCo Reinsurance Opps C has been increasing its dividend for 25 years.Dividend CoverageThe dividend payout ratio of CATCo Reinsurance Opps C is 56.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, CATCo Reinsurance Opps C will have a dividend payout ratio of 72.24% next year. This indicates that CATCo Reinsurance Opps C will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CATC. Previous Next 4.1 News and Social Media Coverage News SentimentCATCo Reinsurance Opps C has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for CATCo Reinsurance Opps C this week, compared to 1 article on an average week.Search Interest1 people have searched for CATC on MarketBeat in the last 30 days. MarketBeat Follows1 people have added CATCo Reinsurance Opps C to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CATCo Reinsurance Opps C insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.50% of the stock of CATCo Reinsurance Opps C is held by insiders.Percentage Held by Institutions56.69% of the stock of CATCo Reinsurance Opps C is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for CATCo Reinsurance Opps C are expected to decrease by -24.44% in the coming year, from $4.91 to $3.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CATCo Reinsurance Opps C is 12.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.45.Price to Earnings Ratio vs. SectorThe P/E ratio of CATCo Reinsurance Opps C is 12.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.40.Price to Book Value per Share RatioCATCo Reinsurance Opps C has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CATCo Reinsurance Opps C Stock (NASDAQ:CATC)Cambridge Bancorp is a holding company, which engages in the provision of private banking services. It focuses on the wealth management, commercial banking, residential lending, and personal banking services. The company was founded in 1983 and is headquartered in Cambridge, MA.Read More CATC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CATC Stock News HeadlinesNovember 21, 2023 | seekingalpha.comCambridge Bancorp: Probably Not The Right Time To Invest In ItNovember 14, 2023 | finance.yahoo.comCambridge Bancorp (NASDAQ:CATC) is largely controlled by institutional shareholders who own 59% of the companyDecember 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 2, 2023 | msn.comCambridge Bancorp (CATC) Price Target Increased by 16.31% to 73.56October 18, 2023 | seekingalpha.comMore on Cambridge BancorpOctober 17, 2023 | finance.yahoo.comCambridge Bancorp (CATC) Q3 2023 Earnings: Decline in Net Income and Diluted Earnings Per ShareOctober 10, 2023 | finance.yahoo.comCambridge Bancorp Sets Third Quarter 2023 Earnings Release DateSeptember 22, 2023 | finance.yahoo.comWhy Cambridge Bancorp Stock Soared 24% This WeekDecember 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. September 20, 2023 | benzinga.comShareholder Alert: Ademi LLP investigates whether Cambridge Bancorp has obtained a Fair Price in its transaction with Eastern Bankshares, Inc.September 20, 2023 | markets.businessinsider.comNasdaq Turns Lower; Cambridge Bancorp Shares SurgeSeptember 19, 2023 | businesswire.comCATC STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Cambridge Bancorp Is Fair to ShareholdersSeptember 19, 2023 | marketwatch.comEastern Bankshares to Merge With Cambridge Bancorp, Divest Insurance BusinessSeptember 19, 2023 | marketwatch.comCambridge Bancorp Stock Up 25% on $528M Merger With Eastern BanksharesSeptember 12, 2023 | msn.comCouncil leader Bridget Smith: Why bin collections are changing across Greater CambridgeJuly 27, 2023 | finance.yahoo.comCambridge Bancorp CEO to attend the Keefe, Bruyette & Woods 2023 Community Bank Investor ConferenceJuly 19, 2023 | msn.comCambridge (CATC) Q2 Earnings: Taking a Look at Key Metrics Versus EstimatesJuly 19, 2023 | finance.yahoo.comQ2 2023 Cambridge Bancorp Earnings CallJuly 19, 2023 | finance.yahoo.comLightwave Logic Appoints Respected Industry Executive Laila Partridge to Board of DirectorsJuly 18, 2023 | seekingalpha.comCambridge Bancorp (CATC) Q2 2023 Earnings Conference Call TranscriptJuly 18, 2023 | stockhouse.comCambridge Bancorp Announces Second Quarter 2023 Results and Declares DividendJuly 18, 2023 | seekingalpha.comCambridge Bancorp declares $0.67 dividendJuly 18, 2023 | finance.yahoo.comCambridge (CATC) Beats Q2 Earnings EstimatesJuly 17, 2023 | markets.businessinsider.comWhat Wall Street expects from Cambridge Bancorp's earningsJuly 12, 2023 | yahoo.comAngry condo buyers tell CT town: ‘a lot of people have been taken advantage of’July 12, 2023 | msn.comAngry Cambridge Crossing buyers tell Simsbury ‘a lot of people have been taken advantage of’July 8, 2023 | msn.comCambridge Bancorp: A Decent Play In These Uncertain TimesSee More Headlines Receive CATC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CATCo Reinsurance Opps C and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/17/2023Ex-Dividend for 11/16 Dividend11/01/2023Dividend Payable11/16/2023Today11/30/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/23/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:CATC CUSIPN/A CIK711772 Webwww.cambridgetrust.com Phone(617) 876-5500Fax617-812-2403Employees379Year FoundedN/APrice Target and Rating Average Stock Price Target$80.08 High Stock Price Target$87.00 Low Stock Price Target$67.00 Potential Upside/Downside+36.4%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$4.76 Trailing P/E Ratio12.33 Forward P/E Ratio11.96 P/E GrowthN/ANet Income$52.91 million Net Margins13.82% Pretax Margin18.74% Return on Equity8.86% Return on Assets0.84% Debt Debt-to-Equity RatioN/A Current Ratio0.84 Quick Ratio0.84 Sales & Book Value Annual Sales$203 million Price / Sales2.27 Cash Flow$7.68 per share Price / Cash Flow7.64 Book Value$67.04 per share Price / Book0.88Miscellaneous Outstanding Shares7,850,000Free Float7,493,000Market Cap$460.87 million OptionableNot Optionable Beta0.49 The Best High-Yield Dividend Stocks for 2023Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesDenis K. SheahanChairman, President & Chief Executive OfficerJoseph P. SapienzaChief Financial Officer & ControllerPuneet NevatiaChief Information Officer & Senior Vice PresidentJeffrey F. SmithExecutive Vice President & Head-Wealth ManagementPeter HalberstadtChief Credit Officer & Senior Vice PresidentKey CompetitorsCapital City Bank GroupNASDAQ:CCBGFarmers National BancNASDAQ:FMNBCentral Pacific FinancialNYSE:CPFWashington Trust BancorpNASDAQ:WASHFirst FinancialNASDAQ:THFFView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 8,096 shares on 11/30/2023Ownership: 0.808%Deutsche Bank AGBought 1,045 shares on 11/24/2023Ownership: 0.049%Creative PlanningBought 3,605 shares on 11/16/2023Ownership: 0.046%AQR Capital Management LLCSold 423 shares on 11/15/2023Ownership: 0.078%Sei Investments Co.Bought 3,768 shares on 11/15/2023Ownership: 0.048%View All Insider TransactionsView All Institutional Transactions CATC Stock Analysis - Frequently Asked Questions Should I buy or sell CATCo Reinsurance Opps C stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CATCo Reinsurance Opps C in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CATC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CATC, but not buy additional shares or sell existing shares. View CATC analyst ratings or view top-rated stocks. What is CATCo Reinsurance Opps C's stock price target for 2024? 5 equities research analysts have issued twelve-month price objectives for CATCo Reinsurance Opps C's stock. Their CATC share price targets range from $67.00 to $87.00. On average, they predict the company's stock price to reach $80.08 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price. View analysts price targets for CATC or view top-rated stocks among Wall Street analysts. How have CATC shares performed in 2023? CATCo Reinsurance Opps C's stock was trading at $83.06 at the beginning of 2023. Since then, CATC shares have decreased by 29.7% and is now trading at $58.43. View the best growth stocks for 2023 here. Are investors shorting CATCo Reinsurance Opps C? CATCo Reinsurance Opps C saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 89,500 shares, a decrease of 48.5% from the October 31st total of 173,700 shares. Based on an average daily volume of 61,700 shares, the days-to-cover ratio is presently 1.5 days. View CATCo Reinsurance Opps C's Short Interest. When is CATCo Reinsurance Opps C's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our CATC earnings forecast. How were CATCo Reinsurance Opps C's earnings last quarter? CATCo Reinsurance Opps C (NASDAQ:CATC) issued its quarterly earnings results on Tuesday, October, 17th. The bank reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.06 by $0.09. The bank had revenue of $39.19 million for the quarter, compared to the consensus estimate of $38.20 million. CATCo Reinsurance Opps C had a trailing twelve-month return on equity of 8.86% and a net margin of 13.82%. How often does CATCo Reinsurance Opps C pay dividends? What is the dividend yield for CATCo Reinsurance Opps C? CATCo Reinsurance Opps C declared a quarterly dividend on Monday, October 16th. Investors of record on Thursday, November 2nd will be given a dividend of $0.67 per share on Thursday, November 16th. This represents a $2.68 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date is Wednesday, November 1st. Read our dividend analysis for CATC. Is CATCo Reinsurance Opps C a good dividend stock? CATCo Reinsurance Opps C (NASDAQ:CATC) pays an annual dividend of $2.68 per share and currently has a dividend yield of 4.59%. CATC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 25 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 56.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CATC will have a dividend payout ratio of 72.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CATC. What ETFs hold CATCo Reinsurance Opps C's stock? ETFs with the largest weight of CATCo Reinsurance Opps C (NASDAQ:CATC) stock in their portfolio include ProShares Russell 2000 Dividend Growers ETF (SMDV).SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV). What other stocks do shareholders of CATCo Reinsurance Opps C own? Based on aggregate information from My MarketBeat watchlists, some companies that other CATCo Reinsurance Opps C investors own include InterDigital (IDCC), Bank of Hawaii (BOH), STAG Industrial (STAG), Evoke Pharma (EVOK), ArQule (ARQL), Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), Harley-Davidson (HOG) and Invesco (IVZ). Who are CATCo Reinsurance Opps C's major shareholders? CATCo Reinsurance Opps C's stock is owned by many different institutional and retail investors. Top institutional investors include The Manufacturers Life Insurance Company (4.31%), Cambridge Trust Co. (3.48%), Endeavour Capital Advisors Inc. (2.66%), Polaris Capital Management LLC (1.68%), Northern Trust Corp (0.90%) and Versor Investments LP (0.85%). Insiders that own company stock include Denis K Sheahan, Hambleton Douglas Lord, Kerri Mooney, Leon Aghababai Palandjian, Martin B Millane, Michael Carotenuto, Robert Gregg Stone III and Simon R Gerlin. View institutional ownership trends. How do I buy shares of CATCo Reinsurance Opps C? Shares of CATC 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. This page (NASDAQ:CATC) was last updated on 12/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CATCo Reinsurance Opps C Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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