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NASDAQ:CATC

Cambridge Bancorp Stock Forecast, Price & News

$48.35
+0.29 (+0.60 %)
(As of 09/28/2020 03:55 AM ET)
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Today's Range
$47.75
Now: $48.35
$49.34
50-Day Range
$48.06
MA: $54.34
$58.56
52-Week Range
$44.20
Now: $48.35
$82.00
Volume13,300 shs
Average Volume20,442 shs
Market Capitalization$334.97 million
P/E Ratio12.00
Dividend Yield4.38%
Beta0.53
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.03 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CATC
CUSIPN/A
Phone617-876-5500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$132.74 million
Cash Flow$6.14 per share
Book Value$59.09 per share

Profitability

Net Income$25.26 million

Miscellaneous

EmployeesN/A
Market Cap$334.97 million
Next Earnings Date10/27/2020 (Estimated)
OptionableNot Optionable
$48.35
+0.29 (+0.60 %)
(As of 09/28/2020 03:55 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 (COVID-19)?

Cambridge Bancorp's stock was trading at $58.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CATC stock has decreased by 16.6% and is now trading at $48.35.
View which stocks have been most impacted by COVID-19
.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cambridge Bancorp in the last year. There are currently 1 hold rating and 2 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 Tuesday, October 27th 2020.
View our earnings forecast for Cambridge Bancorp
.

How were Cambridge Bancorp's earnings last quarter?

Cambridge Bancorp (NASDAQ:CATC) posted its earnings results on Tuesday, July, 28th. The bank reported $1.32 EPS for the quarter, beating the consensus estimate of $0.67 by $0.65. The bank had revenue of $37.76 million for the quarter, compared to the consensus estimate of $36.90 million. Cambridge Bancorp had a net margin of 13.77% and a return on equity of 10.25%.
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 Monday, July 27th. Stockholders of record on Thursday, August 13th will be given a dividend of $0.53 per share on Thursday, August 27th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 4.38%. The ex-dividend date is Wednesday, August 12th.
View Cambridge Bancorp's dividend history
.

What price target have analysts set for CATC?

3 brokers have issued 1 year target prices for Cambridge Bancorp's stock. Their forecasts range from $60.00 to $87.00. On average, they anticipate Cambridge Bancorp's share price to reach $70.67 in the next twelve months. This suggests a possible upside of 46.2% 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 the month of 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 trading volume of 17,900 shares, the days-to-cover ratio is presently 4.4 days.
View Cambridge Bancorp's Short Interest
.

Who are some of Cambridge Bancorp's key 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 Wireless (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 institutional and retail investors. Top institutional shareholders include Polaris Capital Management LLC (2.56%), Banc Funds Co. LLC (1.69%), Cambridge Trust Co. (2.02%), Bank of New York Mellon Corp (0.49%), Commonwealth Equity Services LLC (0.41%) and Sippican Capital Advisors (0.42%). 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 selling Cambridge Bancorp stock?

CATC stock was sold by a variety of institutional investors in the last quarter, including Cambridge Trust Co., Banc Funds Co. LLC, Two Sigma Advisers LP, Anchor Capital Advisors LLC, and Sippican Capital Advisors.
View insider buying and selling activity for Cambridge Bancorp
.

Which major investors are buying Cambridge Bancorp stock?

CATC stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Cutler Capital Management LLC, Chilton Investment Co. LLC, Carl P. Sherr & Co. LLC, California Public Employees Retirement System, Charles Schwab Investment Management Inc., Commonwealth Equity Services LLC, and First Trust Advisors LP. 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 $48.35.

How big of a company is Cambridge Bancorp?

Cambridge Bancorp has a market capitalization of $334.97 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 9/28/2020 by MarketBeat.com Staff

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