Cambridge Bancorp (CATC) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cambridge Bancorp in the last twelve months. There are currently 5 hold ratings for the stock. The consensus among Wall Street equities 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.

5 analysts have issued 1-year price targets for Cambridge Bancorp's stock. Their CATC share price forecasts range from $62.00 to $87.00. On average, they predict the company's stock price to reach $75.75 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price.
View analysts price targets for CATC or view top-rated stocks among Wall Street analysts.

Cambridge Bancorp's stock was trading at $83.06 at the beginning of the year. Since then, CATC shares have decreased by 25.0% and is now trading at $62.29.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 17th 2023.
View our CATC earnings forecast.

Cambridge Bancorp (NASDAQ:CATC) released its quarterly earnings results on Tuesday, July, 18th. The bank reported $1.23 EPS for the quarter, topping the consensus estimate of $1.18 by $0.05. The bank earned $64.17 million during the quarter, compared to analysts' expectations of $39.98 million. Cambridge Bancorp had a trailing twelve-month return on equity of 10.34% and a net margin of 19.19%. During the same period last year, the firm posted $1.90 EPS.

Cambridge Bancorp declared a quarterly dividend on Monday, July 17th. Stockholders of record on Thursday, August 3rd will be paid a dividend of $0.67 per share on Thursday, August 17th. This represents a $2.68 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date is Wednesday, August 2nd.
Read our dividend analysis for CATC.

ETFs with the largest weight of Cambridge Bancorp (NASDAQ:CATC) stock in their portfolio include ProShares Russell 2000 Dividend Growers ETF (SMDV).SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).

Cambridge Bancorp (NASDAQ:CATC) pays an annual dividend of $2.68 per share and currently has a dividend yield of 4.33%. 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 44.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CATC will have a dividend payout ratio of 62.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CATC.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cambridge Bancorp 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).

Cambridge Bancorp trades on the NASDAQ under the ticker symbol "CATC."

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.

One share of CATC stock can currently be purchased for approximately $62.29.

Cambridge Bancorp (NASDAQ:CATC) has a market capitalization of $488.98 million and generates $203 million in revenue each year. The bank earns $52.91 million in net income (profit) each year or $6.00 on an earnings per share basis.

The company employs 379 workers across the globe.

Cambridge Bancorp's mailing address is 1336 Massachusetts Avenue, Cambridge MA, 02138. The official website for the company is www.cambridgetrust.com. The bank can be reached via phone at (617) 876-5500, via email at investorrelations@cambridgetrust.com, or via fax at 617-812-2403.