NASDAQ:CATC

Cambridge Bancorp Stock Forecast, Price & News

$76.02

-0.37 (-0.48 %)

(As of 01/15/2021 11:20 AM ET)

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Today's Range

$75.33

Now: $76.02▼

$76.13

50-Day Range

$67.60

MA: $71.57▼

$76.96

52-Week Range

$44.20

Now: $76.02▼

$77.54

Volume88 shs

Average Volume16,779 shs

Market Capitalization$526.67 million

P/E Ratio17.32

Dividend Yield2.81%

Beta0.51

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 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. As of January 27, 2020, the company operated 16 banking offices in Massachusetts and New Hampshire; 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.

Overall MarketRank^™

1.62 out of 5 stars

Finance Sector

533rd out of 1,651 stocks

State Commercial Banks Industry

117th out of 266 stocks

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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $59.33, Cambridge Bancorp has a forecasted downside of 22.0% from its current price of $76.02.
Amount of Analyst Coverage
Cambridge Bancorp has only been the subject of 1 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Cambridge Bancorp has received 112 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cambridge Bancorp has received 170 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cambridge Bancorp has received 60.28% “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 2.81%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cambridge Bancorp does not have a long track record of dividend growth.
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 34.36% next year. This indicates that Cambridge Bancorp will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cambridge Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $113,260.00 in company stock.
Percentage Held by Insiders
Only 2.58% of the stock of Cambridge Bancorp is held by insiders.
Percentage Held by Institutions
44.80% 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 -8.59% in the coming year, from $6.75 to $6.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cambridge Bancorp is 17.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cambridge Bancorp is 17.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.22.
Price to Book Value per Share Ratio
Cambridge Bancorp has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees312

Debt

Debt-to-Equity Ratio0.03

Current Ratio0.96

Quick Ratio0.96

Price-To-Earnings

Trailing P/E Ratio17.32

Forward P/E Ratio11.26

P/E GrowthN/A

Sales & Book Value

Annual Sales$132.74 million

Price / Sales3.97

Cash Flow$6.37 per share

Price / Cash Flow11.94

Book Value$59.09 per share

Price / Book1.29

Profitability

EPS (Most Recent Fiscal Year)$6.20

Net Income$25.26 million

Net Margins16.43%

Return on Equity11.02%

Return on Assets1.09%

Miscellaneous

Outstanding Shares6,928,000

Market Cap$526.67 million

Next Earnings Date1/26/2021 (Confirmed)

OptionableNot Optionable

$76.02

-0.37 (-0.48 %)

(As of 01/15/2021 11:20 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 price 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 stock has increased by 31.1% and is now trading at $76.02.
View which stocks have been most impacted by COVID-19.

Is Cambridge Bancorp a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cambridge Bancorp in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Cambridge Bancorp stock.
View analyst ratings for Cambridge Bancorp or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Cambridge Bancorp?

Wall Street analysts have given Cambridge Bancorp a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cambridge Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Cambridge Bancorp's next earnings date?

Cambridge Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Cambridge Bancorp.

How were Cambridge Bancorp's earnings last quarter?

Cambridge Bancorp (NASDAQ:CATC) announced its quarterly earnings data on Tuesday, October, 20th. The bank reported $2.06 earnings per share for the quarter, topping analysts' consensus estimates of $1.58 by $0.48. The bank earned $45.90 million during the quarter, compared to analyst estimates of $43.69 million. Cambridge Bancorp had a return on equity of 11.02% and a net margin of 16.43%.
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 Tuesday, October 20th. Investors 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 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Wednesday, November 4th.
View Cambridge Bancorp's dividend history.

Is Cambridge Bancorp a good dividend stock?

Cambridge Bancorp pays an annual dividend of $2.12 per share and currently has a dividend yield of 2.81%. The dividend payout ratio of Cambridge Bancorp is 34.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cambridge Bancorp will have a dividend payout ratio of 34.36% 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 equities research analysts have issued 1 year price objectives for Cambridge Bancorp's stock. Their forecasts range from $58.00 to $60.00. On average, they expect Cambridge Bancorp's share price to reach $59.33 in the next twelve months. This suggests that the stock has a possible downside of 22.0%.
View analysts' price targets for Cambridge Bancorp or view Wall Street analyst' top-rated stocks.

Are investors shorting Cambridge Bancorp?

Cambridge Bancorp saw a increase in short interest in December. As of December 31st, there was short interest totaling 86,300 shares, an increase of 23.6% from the December 15th total of 69,800 shares. Based on an average daily volume of 15,200 shares, the days-to-cover ratio is currently 5.7 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 Live Oak Bancshares (LOB), TowneBank (TOWN), Seacoast Banking Co. of Florida (SBCF), Banner (BANR), FB Financial (FBK), Heartland Financial USA (HTLF), Lakeland Financial (LKFN), Triumph Bancorp (TBK), Veritex (VBTX), Eagle Bancorp (EGBN), Silvergate Capital (SI), Great Western Bancorp (GWB), First Busey (BUSE), TriCo Bancshares (TCBK) and S&T Bancorp (STBA).
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).

Who are Cambridge Bancorp's key executives?

Cambridge Bancorp's management team includes the following people:

Mr. Denis K. Sheahan, Chairman & CEO (Age 54, Pay $963.68k)
Mr. Mark D. Thompson, Pres & Director (Age 63, Pay $747.88k)
Mr. Michael F. Carotenuto, CFO, Treasurer & Corp. Sec. (Age 34, Pay $410.89k)
Ms. Jennifer A. Pline CFA, Exec. VP & Head of Wealth Management (Age 60, Pay $705.8k)
Mr. Martin B. Millane Jr., Exec. VP & Chief Lending Officer (Age 64, Pay $587.42k)
Mr. Puneet Nevatia, Sr. VP & Chief Information Officer (Age 46)
Ms. Jennifer M. Willis, Sr. VP & Chief Marketing Officer (Age 52)
Ms. Pilar Pueyo, Sr. VP & Director of HR (Age 58)
Mr. Scott J. Chamberlin, Sr. VP (Age 52)
Mr. Marc Gearin, Sr. VP of Private Banking

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 Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.01%). Company insiders that own Cambridge Bancorp stock include Denis K Sheahan, Leon Aghababai Palandjian, Martin B Millane, 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 Loring Wolcott & Coolidge Fiduciary Advisors LLP MA. 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.

What is Cambridge Bancorp's stock price today?

One share of CATC stock can currently be purchased for approximately $76.02.

How big of a company is Cambridge Bancorp?

Cambridge Bancorp has a market capitalization of $526.67 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. Cambridge Bancorp employs 312 workers across the globe.

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 1/15/2021 by MarketBeat.com Staff

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