NASDAQ:CATC

Cambridge Bancorp Stock Forecast, Price & News

$64.01

-0.30 (-0.47 %)

(As of 10/22/2020 12:00 AM ET)

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Today's Range

$62.42

Now: $64.01▼

$65.00

50-Day Range

$48.06

MA: $55.33▼

$64.31

52-Week Range

$44.20

Now: $64.01▼

$82.00

Volume19,366 shs

Average Volume20,071 shs

Market Capitalization$443.46 million

P/E Ratio14.58

Dividend Yield3.30%

Beta0.54

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 and savings accounts, certificates of deposit, money market accounts, individual retirement accounts, and time and demand deposits. Its loans 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 10 Massachusetts locations in Cambridge, Boston, Belmont, Concord, Lexington, and Weston; and wealth management offices in Boston, Massachusetts, as well as in Concord, Manchester, and Portsmouth, New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.

Beat the Market (BTM) Rank^™

1.5 Analyst's Opinion

Consensus Rating
Cambridge Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $66.25, Cambridge Bancorp has a forecasted upside of 3.5% from its current price of $64.01.
Amount of Analyst Coverage
Cambridge Bancorp has only been the subject of 3 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Cambridge Bancorp has received 110 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cambridge Bancorp has received 167 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cambridge Bancorp has received 60.29% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cambridge Bancorp and other stocks. Vote “Outperform” if you believe CATC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CATC will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Cambridge Bancorp pays a meaningful dividend of 3.30%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cambridge Bancorp has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Cambridge Bancorp is 34.19%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cambridge Bancorp will have a dividend payout ratio of 37.52% next year. This indicates that Cambridge Bancorp will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cambridge Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $10,097.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.58% of the stock of Cambridge Bancorp is held by insiders.
Percentage Held by Institutions
45.52% of the stock of Cambridge Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Cambridge Bancorp are expected to decrease by -6.30% in the coming year, from $6.03 to $5.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cambridge Bancorp is 14.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cambridge Bancorp is 14.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.91.
Price to Book Value per Share Ratio
Cambridge Bancorp has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.25 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:CATC

Previous Symbol

CUSIPN/A

CIK711772

Webwww.cambridgetrust.com

Phone617-876-5500

EmployeesN/A

Debt

Debt-to-Equity Ratio0.03

Current Ratio0.96

Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio14.58

Forward P/E Ratio10.62

P/E GrowthN/A

Sales & Book Value

Annual Sales$132.74 million

Price / Sales3.34

Cash Flow$6.63 per share

Price / Cash Flow9.65

Book Value$59.09 per share

Price / Book1.08

Profitability

EPS (Most Recent Fiscal Year)$6.20

Net Income$25.26 million

Net Margins13.77%

Return on Equity10.25%

Return on Assets0.99%

Miscellaneous

Outstanding Shares6,928,000

Market Cap$443.46 million

Next Earnings Date1/27/2021 (Estimated)

OptionableNot Optionable

$64.01

-0.30 (-0.47 %)

(As of 10/22/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Cambridge Bancorp (NASDAQ:CATC) Frequently Asked Questions

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 (WHO). Since then, CATC shares have increased by 10.4% and is now trading at $64.01.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Cambridge Bancorp?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cambridge Bancorp in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Cambridge Bancorp.

When is Cambridge Bancorp's next earnings date?

Cambridge Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Cambridge Bancorp.

How were Cambridge Bancorp's earnings last quarter?

Cambridge Bancorp (NASDAQ:CATC) announced its earnings results on Tuesday, October, 20th. The bank reported $2.06 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.48. Cambridge Bancorp had a return on equity of 10.25% and a net margin of 13.77%.
View Cambridge Bancorp's earnings history.

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

Cambridge Bancorp declared a quarterly dividend on Tuesday, October 20th. Stockholders of record on Thursday, November 5th will be paid a dividend of $0.53 per share on Thursday, November 19th. This represents a $2.12 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Wednesday, November 4th.
View Cambridge Bancorp's dividend history.

What price target have analysts set for CATC?

4 brokers have issued 1 year price targets for Cambridge Bancorp's stock. Their forecasts range from $58.00 to $87.00. On average, they expect Cambridge Bancorp's stock price to reach $66.25 in the next year. This suggests a possible upside of 3.5% from the stock's current price.
View analysts' price targets for Cambridge Bancorp.

Are investors shorting Cambridge Bancorp?

Cambridge Bancorp saw a decrease in short interest in September. As of September 15th, there was short interest totaling 78,700 shares, a decrease of 9.5% from the August 31st total of 87,000 shares. Based on an average daily trading volume, of 17,900 shares, the days-to-cover ratio is currently 4.4 days.
View Cambridge Bancorp's Short Interest.

Who are some of Cambridge Bancorp's key competitors?

Some companies that are related to Cambridge Bancorp include Renasant (RNST), First BanCorp. (FBP), Banner (BANR), TowneBank (TOWN), Live Oak Bancshares (LOB), Heartland Financial USA (HTLF), Lakeland Financial (LKFN), Seacoast Banking Co. of Florida (SBCF), Triumph Bancorp (TBK), Veritex (VBTX), Eagle Bancorp (EGBN), First Busey (BUSE), FB Financial (FBK), TriCo Bancshares (TCBK) and 1st Source (SRCE).
View all 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).

Who are Cambridge Bancorp's key executives?

Cambridge Bancorp's management team includes the following people:

Mr. Denis K. Sheahan, Chairman & CEO (Age 53)
Mr. Mark D. Thompson, Pres & Director (Age 62)
Mr. Michael F. Carotenuto, Sr. VP, Treasurer & CFO (Age 33)
Ms. Jennifer A. Pline CFA, Exec. VP & Head of Wealth Management (Age 59)
Puneet Nevatia, Chief Information Officer

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 variety of retail and institutional investors. Top institutional investors include Crestwood Advisors Group LLC (0.07%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Cambridge Bancorp stock include Denis K Sheahan, Leon Aghababai Palandjian, Robert Gregg Stone III and Simon R Gerlin.
View institutional ownership trends for Cambridge Bancorp.

Which major investors are buying Cambridge Bancorp stock?

CATC stock was purchased by a variety of institutional investors in the last quarter, including Crestwood Advisors Group LLC, and Nisa Investment Advisors LLC. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Cambridge Bancorp's stock price today?

One share of CATC stock can currently be purchased for approximately $64.01.

How big of a company is Cambridge Bancorp?

Cambridge Bancorp has a market capitalization of $443.46 million and generates $132.74 million in revenue each year. The bank earns $25.26 million in net income (profit) each year or $6.20 on an earnings per share basis.

What is Cambridge Bancorp's official website?

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

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 or via email at [email protected]

This page was last updated on 10/22/2020 by MarketBeat.com Staff

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