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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

CATCo Reinsurance Opps C Stock Price, News & Analysis (NASDAQ:CATC)

$58.43
-0.97 (-1.63%)
(As of 11/30/2023 ET)
Compare
Today's Range
$58.23
$59.47
50-Day Range
$53.71
$63.58
52-Week Range
$44.62
$90.00
Volume
26,673 shs
Average Volume
51,962 shs
Market Capitalization
$458.68 million
P/E Ratio
12.28
Dividend Yield
4.59%
Price Target
$80.08

CATCo Reinsurance Opps C MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
37.0% Upside
$80.08 Price Target
Short Interest
Healthy
1.14% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.43mentions of CATCo Reinsurance Opps C in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-24.44%
From $4.91 to $3.71 Per Share

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 stars

Finance Sector

27th out of 855 stocks

State Commercial Banks Industry

7th out of 182 stocks


CATC stock logo

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.

CATC Stock Price History

CATC Stock News Headlines

New CBOE “special perk” helps traders target income every weekend
You 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.
More on Cambridge Bancorp
Why Cambridge Bancorp Stock Soared 24% This Week
New CBOE “special perk” helps traders target income every weekend
You 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.
Nasdaq Turns Lower; Cambridge Bancorp Shares Surge
Q2 2023 Cambridge Bancorp Earnings Call
Cambridge Bancorp declares $0.67 dividend
Cambridge (CATC) Beats Q2 Earnings Estimates
What Wall Street expects from Cambridge Bancorp's earnings
See More Headlines
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Company Calendar

Last Earnings
10/17/2023
Ex-Dividend for 11/16 Dividend
11/01/2023
Dividend Payable
11/16/2023
Today
11/30/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/23/2024

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:CATC
Employees
379
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$52.91 million
Pretax Margin
18.74%

Debt

Sales & Book Value

Annual Sales
$203 million
Cash Flow
$7.68 per share
Book Value
$67.04 per share

Miscellaneous

Free Float
7,493,000
Market Cap
$460.87 million
Optionable
Not Optionable
Beta
0.49
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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

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