Cambridge Bancorp Stock Forecast, Price & News

Cambridge Bancorp (NASDAQ:CATC) Frequently Asked Questions

Is Cambridge Bancorp a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cambridge Bancorp in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cambridge Bancorp stock.
View analyst ratings for Cambridge Bancorp or view top-rated stocks.

How has Cambridge Bancorp's stock been impacted by Coronavirus?

Cambridge Bancorp's stock was trading at $58.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CATC stock has increased by 52.9% and is now trading at $88.70.
View which stocks have been most impacted by COVID-19.

When is Cambridge Bancorp's next earnings date?

Cambridge Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, January 25th 2022.
View our earnings forecast for Cambridge Bancorp.

How were Cambridge Bancorp's earnings last quarter?

Cambridge Bancorp (NASDAQ:CATC) issued its earnings results on Monday, October, 18th. The bank reported $1.97 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.88 by $0.09. The bank earned $43.54 million during the quarter, compared to analyst estimates of $43.56 million. Cambridge Bancorp had a net margin of 29.95% and a trailing twelve-month return on equity of 13.45%. During the same quarter last year, the firm posted $2.06 earnings per share.
View Cambridge Bancorp's earnings history.

How often does Cambridge Bancorp pay dividends? What is the dividend yield for Cambridge Bancorp?

Cambridge Bancorp announced a quarterly dividend on Monday, October 18th. Shareholders of record on Thursday, November 4th will be given a dividend of $0.61 per share on Thursday, November 18th. This represents a $2.44 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Wednesday, November 3rd.
View Cambridge Bancorp's dividend history.

Is Cambridge Bancorp a good dividend stock?

Cambridge Bancorp pays an annual dividend of $2.44 per share and currently has a dividend yield of 2.65%. Cambridge Bancorp has been increasing its dividend for 23 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Cambridge Bancorp is 31.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cambridge Bancorp will have a dividend payout ratio of 31.85% next year. This indicates that Cambridge Bancorp will be able to sustain or increase its dividend.
View Cambridge Bancorp's dividend history.

What price target have analysts set for CATC?

3 brokerages have issued 1 year target prices for Cambridge Bancorp's shares. Their forecasts range from $93.50 to $96.00. On average, they expect Cambridge Bancorp's share price to reach $94.75 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price.
View analysts' price targets for Cambridge Bancorp or view top-rated stocks among Wall Street analysts.

Who are Cambridge Bancorp's key executives?

Cambridge Bancorp's management team includes the following people:

• Denis K. Sheahan, Chairman, President & Chief Executive Officer
• Michael F. Carotenuto, Chief Financial Officer, Secretary & Treasurer
• Puneet Nevatia, Chief Information Officer & Senior Vice President
• Martin B. Millane, Chief Lending Officer & Executive Vice President
• Jennifer A. Pline, Executive VP & Head-Wealth Management Group

Who are some of Cambridge Bancorp's key competitors?

Some companies that are related to Cambridge Bancorp include TowneBank (TOWN), Renasant (RNST), FB Financial (FBK), Heartland Financial USA (HTLF), Seacoast Banking Co. of Florida (SBCF), Veritex (VBTX), Banner (BANR), Customers Bancorp (CUBI), Lakeland Financial (LKFN), Great Western Bancorp (GWB), Enterprise Financial Services (EFSC), Eagle Bancorp (EGBN), Stock Yards Bancorp (SYBT), First Bancorp (FBNC) and First Busey (BUSE).
View all of CATC's competitors.

What other stocks do shareholders of Cambridge Bancorp own?

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).

What is Cambridge Bancorp's stock symbol?

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

Who are Cambridge Bancorp's major shareholders?

Cambridge Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.36%), The Manufacturers Life Insurance Company (4.55%), Cambridge Trust Co. (2.40%), Cambridge Trust Co. (2.40%), Geode Capital Management LLC (1.64%) and Schroder Investment Management Group (1.58%). Company insiders that own Cambridge Bancorp stock include Denis K Sheahan, Kerri Mooney, Leon Aghababai Palandjian, Martin B Millane, Robert Gregg Stone III and Simon R Gerlin.
View institutional ownership trends for Cambridge Bancorp.

Which institutional investors are selling Cambridge Bancorp stock?

CATC stock was sold by a variety of institutional investors in the last quarter, including Maltese Capital Management LLC, Schroder Investment Management Group, California State Teachers Retirement System, Citadel Advisors LLC, Monarch Partners Asset Management LLC, Russell Investments Group Ltd., Deprince Race & Zollo Inc., and Seascape Capital Management.
View insider buying and selling activity for Cambridge Bancorp or view top insider-selling stocks.

Which institutional investors are buying Cambridge Bancorp stock?

CATC stock was bought by a variety of institutional investors in the last quarter, including Keeley Teton Advisors LLC, The Manufacturers Life Insurance Company , Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Amica Mutual Insurance Co., Martingale Asset Management L P, SG Americas Securities LLC, and Bank of New York Mellon Corp. Company insiders that have bought Cambridge Bancorp stock in the last two years include Denis K Sheahan, Leon Aghababai Palandjian, Robert Gregg Stone III, and Simon R Gerlin.
View insider buying and selling activity for Cambridge Bancorp or or view top insider-buying stocks.

How do I buy shares of Cambridge Bancorp?

Shares of CATC 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.
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What is Cambridge Bancorp's stock price today?

One share of CATC stock can currently be purchased for approximately $88.70.

How much money does Cambridge Bancorp make?

Cambridge Bancorp has a market capitalization of $617.35 million and generates $168.90 million in revenue each year. The bank earns $31.96 million in net income (profit) each year or $7.65 on an earnings per share basis.

How many employees does Cambridge Bancorp have?

Cambridge Bancorp employs 378 workers across the globe.

What is Cambridge Bancorp's official website?

The official website for Cambridge Bancorp is www.cambridgetrust.com.

Where are Cambridge Bancorp's headquarters?

Cambridge Bancorp is headquartered at 1336 Massachusetts Avenue, Cambridge MA, 02138.

How can I contact Cambridge Bancorp?

Cambridge Bancorp's mailing address is 1336 Massachusetts Avenue, Cambridge MA, 02138. The bank can be reached via phone at (617) 876-5500, via email at [email protected], or via fax at 617-812-2403.