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NASDAQ:CATC - Cambridge Bancorp Stock Price, Forecast & News

$73.24
-0.20 (-0.27 %)
(As of 02/25/2020 07:01 AM ET)
Today's Range
$72.00
Now: $73.24
$73.49
50-Day Range
$72.17
MA: $74.17
$77.24
52-Week Range
$71.01
Now: $73.24
$85.95
Volume18,907 shs
Average Volume9,653 shs
Market Capitalization$396.37 million
P/E Ratio13.61
Dividend Yield2.89%
Beta0.12
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.

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$6.48 per share
Book Value$40.68 per share

Profitability

Net Income$25.26 million

Miscellaneous

EmployeesN/A
Market Cap$396.37 million
Next Earnings Date4/15/2020 (Estimated)
OptionableNot Optionable

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Cambridge Bancorp (NASDAQ:CATC) Frequently Asked Questions

What is Cambridge Bancorp's stock symbol?

Cambridge Bancorp trades on the NASDAQ under the ticker symbol "CATC."

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

Cambridge Bancorp declared a quarterly dividend on Thursday, January 23rd. Stockholders of record on Thursday, February 6th will be paid a dividend of $0.53 per share on Thursday, February 20th. This represents a $2.12 annualized dividend and a dividend yield of 2.89%. The ex-dividend date of this dividend is Wednesday, February 5th. This is an increase from Cambridge Bancorp's previous quarterly dividend of $0.51. View Cambridge Bancorp's Dividend History.

How were Cambridge Bancorp's earnings last quarter?

Cambridge Bancorp (NASDAQ:CATC) announced its quarterly earnings data on Wednesday, January, 22nd. The bank reported $1.58 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.55 by $0.04. The bank had revenue of $31.54 million for the quarter. Cambridge Bancorp had a net margin of 19.03% and a return on equity of 13.32%. View Cambridge Bancorp's Earnings History.

When is Cambridge Bancorp's next earnings date?

Cambridge Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April 15th 2020. View Earnings Estimates for Cambridge Bancorp.

What price target have analysts set for CATC?

3 brokerages have issued twelve-month price objectives for Cambridge Bancorp's shares. Their forecasts range from $80.00 to $93.00. On average, they expect Cambridge Bancorp's stock price to reach $86.67 in the next year. This suggests a possible upside of 18.3% from the stock's current price. View Analyst Price Targets for Cambridge Bancorp.

What is the consensus analysts' recommendation for 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.

Has Cambridge Bancorp been receiving favorable news coverage?

Media headlines about CATC stock have trended neutral recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cambridge Bancorp earned a coverage optimism score of 0.4 on InfoTrie's scale. They also gave press coverage about the bank a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Cambridge Bancorp.

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), Methanex (MEOH), People's United Financial (PBCT) and Pattern Energy Group (PEGI).

Who are Cambridge Bancorp's key executives?

Cambridge Bancorp's management team includes the folowing 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

Who are Cambridge Bancorp's major shareholders?

Cambridge Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Banc Funds Co. LLC (2.82%), Stieven Capital Advisors L.P. (2.14%), Cambridge Trust Co. (2.38%), State Street Corp (1.56%), Geode Capital Management LLC (1.14%) and Renaissance Technologies LLC (0.58%). 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., Bank of America Corp DE, Bank of Montreal Can and Sippican Capital Advisors. View Insider Buying and Selling 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 Stieven Capital Advisors L.P., Endeavour Capital Advisors Inc., Banc Funds Co. LLC, Zweig DiMenna Associates LLC, Renaissance Technologies LLC, Emerald Mutual Fund Advisers Trust, Geode Capital Management LLC and Seascape Capital Management. View Insider Buying and Selling 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 $73.24.

How big of a company is Cambridge Bancorp?

Cambridge Bancorp has a market capitalization of $396.37 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. View Additional Information About Cambridge Bancorp.

What is Cambridge Bancorp's official website?

The official website for Cambridge Bancorp is http://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]


MarketBeat Community Rating for Cambridge Bancorp (NASDAQ CATC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  98 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  239
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.
This page was last updated on 2/25/2020 by MarketBeat.com Staff

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