Cambridge Bancorp - CATC Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cambridge Bancorp in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CATC shares.
View CATC analyst ratings or view top-rated stocks.

2 equities research analysts have issued twelve-month target prices for Cambridge Bancorp's shares. Their CATC share price forecasts range from $100.00 to $100.00. On average, they expect the company's stock price to reach $100.00 in the next twelve months. This suggests a possible upside of 19.9% 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 $93.59 on January 1st, 2022. Since then, CATC shares have decreased by 10.9% and is now trading at $83.40.
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Cambridge Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our CATC earnings forecast.

Cambridge Bancorp (NASDAQ:CATC) issued its earnings results on Tuesday, July, 19th. The bank reported $1.90 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $1.90. Cambridge Bancorp had a trailing twelve-month return on equity of 12.39% and a net margin of 29.36%. During the same quarter last year, the company earned $1.98 earnings per share.

Cambridge Bancorp announced a quarterly dividend on Monday, July 18th. Shareholders of record on Thursday, August 4th will be paid a dividend of $0.64 per share on Thursday, August 18th. This represents a $2.56 annualized dividend and a yield of 3.07%. The ex-dividend date of this dividend is Wednesday, August 3rd.
Read our dividend analysis for CATC.

Cambridge Bancorp (NASDAQ:CATC) pays an annual dividend of $2.56 per share and currently has a dividend yield of 3.07%. 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 33.68%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CATC will have a dividend payout ratio of 27.74% 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."

Cambridge Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Northeast Investment Management (0.38%), Monarch Partners Asset Management LLC (0.36%), Russell Investments Group Ltd. (0.29%), Sippican Capital Advisors (0.23%), M&T Bank Corp (0.12%) and Crestwood Advisors Group LLC (0.08%). Insiders that own company stock include Denis K Sheahan, Kerri Mooney, Leon Aghababai Palandjian, Martin B Millane, Robert Gregg Stone III and Simon R Gerlin.
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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.
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One share of CATC stock can currently be purchased for approximately $83.40.

Cambridge Bancorp (NASDAQ:CATC) has a market capitalization of $584.30 million and generates $177.84 million in revenue each year. The bank earns $54.02 million in net income (profit) each year or $7.60 on an earnings per share basis.

Cambridge Bancorp 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.