S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Better Than Oil Stocks? (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Better Than Oil Stocks? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Better Than Oil Stocks? (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Better Than Oil Stocks? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Better Than Oil Stocks? (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
Better Than Oil Stocks? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab

Cambridge Bancorp (CATC) Stock Forecast, Price & News

$62.29
+0.33 (+0.53%)
(As of 09/29/2023 ET)
Compare
Today's Range
$62.10
$63.36
50-Day Range
$48.59
$63.91
52-Week Range
$44.62
$93.00
Volume
37,297 shs
Average Volume
105,472 shs
Market Capitalization
$488.98 million
P/E Ratio
10.38
Dividend Yield
4.30%
Price Target
$75.75

Cambridge Bancorp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
21.6% Upside
$75.75 Price Target
Short Interest
Healthy
2.66% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-13.21%
From $4.92 to $4.27 Per Share

Overall MarketRank

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

2.60 out of 5 stars

Finance Sector

329th out of 878 stocks

State Commercial Banks Industry

85th out of 184 stocks


CATC stock logo

About Cambridge Bancorp (NASDAQ:CATC) Stock

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 Price History

CATC Stock News Headlines

Why Cambridge Bancorp Stock Soared 24% This Week
Seven millionaires secretly enable market shock?
A fraud expert to the FBI just shared a surprising new prediction. Own stocks? Watch it now.
Nasdaq Turns Lower; Cambridge Bancorp Shares Surge
Seven millionaires secretly enable market shock?
A fraud expert to the FBI just shared a surprising new prediction. Own stocks? Watch it now.
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
Receive CATC Stock News and Ratings via Email

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CATC Company Calendar

Last Earnings
7/18/2023
Ex-Dividend for 8/17 Dividend
8/02/2023
Dividend Payable
8/17/2023
Today
9/30/2023
Next Earnings (Estimated)
10/17/2023
Fiscal Year End
12/31/2023

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 Forecast
$75.75
High Stock Price Forecast
$87.00
Low Stock Price Forecast
$62.00
Forecasted Upside/Downside
+21.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$52.91 million
Pretax Margin
25.79%

Debt

Sales & Book Value

Annual Sales
$203 million
Cash Flow
$7.68 per share
Book Value
$66.39 per share

Miscellaneous

Free Float
7,493,000
Market Cap
$488.98 million
Optionable
Not Optionable
Beta
0.54
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Key Executives

  • Denis K. SheahanDenis K. Sheahan
    Chairman, President & Chief Executive Officer
  • Joseph P. Sapienza
    Chief Financial Officer & Controller
  • Puneet Nevatia
    Chief Information Officer & Senior Vice President
  • Jeffrey F. Smith
    Executive Vice President & Head-Wealth Management
  • Peter Halberstadt
    Chief Credit Officer & Senior Vice President













CATC Stock - Frequently Asked Questions

Should I buy or sell Cambridge Bancorp stock right now?

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.

What is Cambridge Bancorp's stock price forecast for 2023?

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.

How have CATC shares performed in 2023?

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
.

When is Cambridge Bancorp's next earnings date?

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

How were Cambridge Bancorp's earnings last quarter?

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.

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

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
.

What ETFs hold Cambridge Bancorp's stock?

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).

Is Cambridge Bancorp a good dividend stock?

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.

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."

How do I buy shares of Cambridge Bancorp?

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.

What is Cambridge Bancorp's stock price today?

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

How much money does Cambridge Bancorp make?

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.

How many employees does Cambridge Bancorp have?

The company employs 379 workers across the globe.

How can I contact Cambridge Bancorp?

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.

This page (NASDAQ:CATC) was last updated on 9/30/2023 by MarketBeat.com Staff

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