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DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
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Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
The Incredible Dividend Map... Where Stocks Yield 26% a Year! (Ad)pixel
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
NASDAQ:CATC

Cambridge Bancorp - CATC Stock Forecast, Price & News

$83.40
+0.08 (+0.10%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$82.32
$83.40
50-Day Range
$79.90
$85.42
52-Week Range
$77.62
$97.57
Volume
6,900 shs
Average Volume
12,591 shs
Market Capitalization
$584.30 million
P/E Ratio
10.97
Dividend Yield
3.07%
Price Target
$100.00

Cambridge Bancorp MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
19.9% Upside
$100.00 Price Target
Short Interest
Healthy
2.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$9,871 Bought Last Quarter
Proj. Earnings Growth
15.81%
From $7.97 to $9.23 Per Share

Overall MarketRank

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

2.80 out of 5 stars

Finance Sector

168th out of 885 stocks

State Commercial Banks Industry

30th out of 181 stocks

CATC stock logo

About Cambridge Bancorp (NASDAQ:CATC) Stock

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that provides commercial and consumer banking, and investment management and trust services. The company accepts various deposits, such as checking, savings, money market, trust, and individual retirement accounts; and time and demand deposits, and certificates of deposit. Its loan products include residential and commercial real estate loans; home equity lines of credit and term loans; commercial and industrial loans; secured and unsecured loans, lines of credit, and personal installment loans; and construction loans. The company also offers cash management, online and mobile banking, and payments services. It serves commercial enterprises, non-profit organizations, and individuals. The company operates through a network of 19 banking offices in Eastern Massachusetts and New Hampshire; and two wealth management offices located in Massachusetts, as well as three wealth management offices located in New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on CATC shares. Piper Sandler reduced their target price on Cambridge Bancorp to $100.00 in a report on Friday, May 27th. Raymond James downgraded Cambridge Bancorp from an "outperform" rating to a "market perform" rating in a report on Thursday, July 7th.

Cambridge Bancorp Stock Performance

Cambridge Bancorp stock opened at $83.32 on Tuesday. Cambridge Bancorp has a one year low of $77.62 and a one year high of $97.57. The company has a market cap of $584.07 million, a P/E ratio of 10.96 and a beta of 0.47. The business has a fifty day moving average of $82.64 and a two-hundred day moving average of $84.01.

Cambridge Bancorp (NASDAQ:CATC - Get Rating) last announced its quarterly earnings results on Tuesday, July 19th. The bank reported $1.90 earnings per share for the quarter, meeting analysts' consensus estimates of $1.90. Cambridge Bancorp had a return on equity of 12.39% and a net margin of 29.36%. During the same period in the previous year, the company earned $1.98 earnings per share. Sell-side analysts predict that Cambridge Bancorp will post 7.97 EPS for the current year.

Cambridge Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 18th. Stockholders of record on Thursday, August 4th will be given a $0.64 dividend. This represents a $2.56 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend is Wednesday, August 3rd. Cambridge Bancorp's dividend payout ratio is currently 33.68%.

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CATC Stock News Headlines

Cambridge Bancorp (CATC) to Release Earnings on Tuesday
Cambridge Bancorp (CATC)
Cambridge Bancorp Tops Q1 EPS by 8c
Cambridge Bancorp declares $0.64 dividend
See More Headlines
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CATC Company Calendar

Ex-Dividend for 5/19 Dividend
5/04/2022
Dividend Payable
5/19/2022
Last Earnings
7/19/2022
Ex-Dividend for 8/18 Dividend
8/03/2022
Today
8/09/2022
Dividend Payable
8/18/2022
Next Earnings (Estimated)
10/18/2022
Fiscal Year End
12/31/2022

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
$100.00
High Stock Price Forecast
$100.00
Low Stock Price Forecast
$100.00
Forecasted Upside/Downside
+19.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$54.02 million
Pretax Margin
39.88%

Debt

Sales & Book Value

Annual Sales
$177.84 million
Cash Flow
$7.43 per share
Book Value
$62.87 per share

Miscellaneous

Free Float
6,782,000
Market Cap
$584.30 million
Optionable
Not Optionable
Beta
0.47

Key Executives

  • Mr. Denis K. Sheahan (Age 56)
    Chairman, Pres & CEO
    Comp: $1.12M
  • Mr. Michael F. Carotenuto (Age 36)
    Exec. VP, Treasurer & CFO
    Comp: $487.78k
  • Ms. Jennifer A. Pline CFA (Age 62)
    Exec. VP & Head of Wealth Management
    Comp: $732.81k
  • Mr. Daniel R. Morrison (Age 58)
    CEO of New Hampshire Market & Director
  • Mr. Thomas J. Fontaine (Age 58)
    Exec. VP, Chief Banking Officer & Director
    Comp: $1.11M
  • Mr. Puneet Nevatia (Age 48)
    Sr. VP & Chief Information Officer
  • Ms. Danielle Remis Hackel (Age 52)
    Sr. VP & Chief Marketing Officer
  • Ms. Pilar Pueyo (Age 60)
    Sr. VP & Director of HR
  • Mr. John J. Sullivan (Age 63)
    Sr. VP & Director of Consumer Lending
  • Ms. Kerri A. Mooney (Age 52)
    Sr. VP & Director of Private Banking Offices













CATC Stock - Frequently Asked Questions

Should I buy or sell Cambridge Bancorp stock right now?

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.

What is Cambridge Bancorp's stock price forecast for 2022?

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.

How has Cambridge Bancorp's stock performed in 2022?

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.
View the best growth stocks for 2022 here
.

When is Cambridge Bancorp's next earnings date?

Cambridge Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, October 18th 2022.
View our CATC earnings forecast
.

How were Cambridge Bancorp's earnings last quarter?

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.

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

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
.

Is Cambridge Bancorp a good dividend stock?

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.

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 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.
View institutional ownership trends
.

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 $83.40.

How much money does Cambridge Bancorp make?

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.

How many employees does Cambridge Bancorp have?

Cambridge Bancorp 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 8/10/2022 by MarketBeat.com Staff

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