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 year. 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 "moderate buy" CATC shares. View CATC analyst ratings or view top-rated stocks .

What is Cambridge Bancorp's stock price target for 2024?

2 brokers have issued 12 month price objectives for Cambridge Bancorp's shares. Their CATC share price targets range from $67.00 to $79.30. On average, they anticipate the company's share price to reach $73.15 in the next year. This suggests a possible upside of 22.7% from the stock's current price. View analysts price targets for CATC or view top-rated stocks among Wall Street analysts .

How have CATC shares performed in 2024?

Cambridge Bancorp's stock was trading at $69.40 at the start of the year. Since then, CATC stock has decreased by 14.1% and is now trading at $59.61. View the best growth stocks for 2024 here .

Are investors shorting Cambridge Bancorp?

Cambridge Bancorp saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 110,800 shares, a decrease of 11.4% from the March 15th total of 125,000 shares. Based on an average trading volume of 29,700 shares, the days-to-cover ratio is presently 3.7 days. View Cambridge Bancorp's Short Interest .

When is Cambridge Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our CATC earnings forecast .

How were Cambridge Bancorp's earnings last quarter?

Cambridge Bancorp (NASDAQ:CATC) issued its quarterly earnings results on Tuesday, January, 30th. The bank reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.19. The bank earned $38.53 million during the quarter, compared to analysts' expectations of $37.70 million. Cambridge Bancorp had a net margin of 12.25% and a trailing twelve-month return on equity of 7.59%.

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

Cambridge Bancorp declared a quarterly dividend on Monday, January 29th. Shareholders of record on Thursday, February 8th will be paid a dividend of $0.67 per share on Thursday, February 22nd. This represents a $2.68 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend is Wednesday, February 7th. Read our dividend analysis for CATC .

Is Cambridge Bancorp a good dividend stock?

Cambridge Bancorp (NASDAQ:CATC) pays an annual dividend of $2.68 per share and currently has a dividend yield of 4.39%. CATC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 61.75%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CATC .

What ETF holds Cambridge Bancorp's stock?

ProShares Russell 2000 Dividend Growers ETF holds 118,551 shares of CATC stock, representing 0.99% of its portfolio.

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) .

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CATC

Cambridge Bancorp (CATC) Stock Price, News & Analysis

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Free CATC Stock Alerts

$59.61

-1.48 (-2.42%)

(As of 04/17/2024 ET)

Compare

Today's Range: $59.61
▼
$62.08
50-Day Range: $59.61
▼
$69.45
52-Week Range: $44.62
▼
$73.68

Volume: 9,975 shs
Average Volume: 23,430 shs
Market Capitalization: $467.94 million

P/E Ratio: 13.74
Dividend Yield: 4.50%
Price Target: $73.15

Get Cambridge Bancorp alerts:

Cambridge Bancorp MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 22.7% Upside
$73.15 Price Target
Short Interest: Healthy
1.41% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.30
Based on 3 Articles This Week
Insider Trading: Selling Shares
$241,163 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.75 out of 5 stars

Finance Sector

384th out of 839 stocks

State Commercial Banks Industry

93rd out of 176 stocks

2.3

Analyst's Opinion

Consensus Rating
Cambridge Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Cambridge Bancorp has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.41% of the outstanding shares of Cambridge Bancorp have been sold short.
Short Interest Ratio / Days to Cover
Cambridge Bancorp has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Cambridge Bancorp has recently decreased by 11.36%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Leadership
Cambridge Bancorp is a leading dividend payer. It pays a dividend yield of 4.39%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cambridge Bancorp has been increasing its dividend for 25 years.
Dividend Coverage
The dividend payout ratio of Cambridge Bancorp is 61.75%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CATC.

2.9

News and Social Media Coverage

News Sentiment
Cambridge Bancorp has a news sentiment score of 1.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Cambridge Bancorp this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Cambridge Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

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 $241,163.00 in company stock.
Percentage Held by Insiders
Only 4.50% of the stock of Cambridge Bancorp is held by insiders.
Percentage Held by Institutions
55.53% of the stock of Cambridge Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cambridge Bancorp is 13.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cambridge Bancorp is 13.74, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.18.
Price to Book Value per Share Ratio
Cambridge Bancorp has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Cambridge Bancorp Stock (NASDAQ:CATC)

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that engages in the provision of 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, as well as time and demand deposits, and certificates of deposit. Its loan products include residential and commercial real estate loans; construction loan; residential mortgages and home equity loans; commercial and industrial loans; consumer loans, such as secured and unsecured loans, lines of credit, and personal installment loans; and construction loans. The company also offers cash management, debit and credit cards, online and mobile banking, and payments services. It serves commercial enterprises, non-profit organizations, and individuals. The company operates through a network of banking and wealth management offices located in Massachusetts and New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.

CATC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CATC Stock News Headlines

April 16, 2024 | americanbankingnews.com

Cambridge Bancorp (CATC) Set to Announce Earnings on Tuesday

April 10, 2024 | thestreet.com

Cambridge Bancorp

April 18, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 9, 2024 | americanbankingnews.com

Cambridge Bancorp (NASDAQ:CATC) Stock Passes Below 200 Day Moving Average of $63.77

April 8, 2024 | prnewswire.com

Cambridge Bancorp Sets First Quarter 2024 Earnings Release Date

April 4, 2024 | tmcnet.com

Cambridge Savings Bank Supports the Expansion of Fair Haven Community Health Care with Loans Totaling Over $26 Million

March 27, 2024 | cbsnews.com

Guaranteed income program in Cambridge boosted employment and financial health, report finds

March 20, 2024 | investing.com

Cambridge Bancorp executive sells over $83k in company stock

April 18, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 11, 2024 | markets.businessinsider.com

Analysts Are Neutral on Top Financial Stocks: SoFi Technologies (SOFI), Cambridge Bancorp (CATC)

February 29, 2024 | finance.yahoo.com

Pleasing Signs As A Number Of Insiders Buy Cambridge Bancorp Stock

February 17, 2024 | finance.yahoo.com

CATC Mar 2024 60.000 put

January 30, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Cambridge Bancorp's earnings

January 30, 2024 | nasdaq.com

Cambridge (CATC) Beats Q4 Earnings and Revenue Estimates

January 30, 2024 | finance.yahoo.com

Cambridge Bancorp (CATC) Reports Decline in Annual Earnings, Plans Merger with Eastern Bankshares

January 30, 2024 | markets.businessinsider.com

Cambridge Bancorp Q4 Profit Down, But Beats View

January 30, 2024 | finance.yahoo.com

Cambridge Bancorp Announces Results for 2023 and Declares Quarterly Dividend

January 8, 2024 | finance.yahoo.com

Cambridge Bancorp Sets Fourth Quarter 2023 Earnings Release Date

November 21, 2023 | seekingalpha.com

Cambridge Bancorp: Probably Not The Right Time To Invest In It

November 14, 2023 | finance.yahoo.com

Cambridge Bancorp (NASDAQ:CATC) is largely controlled by institutional shareholders who own 59% of the company

November 2, 2023 | msn.com

Cambridge Bancorp (CATC) Price Target Increased by 16.31% to 73.56

October 18, 2023 | seekingalpha.com

Company Calendar

Last Earnings: 1/30/2024
Ex-Dividend for 2/22 Dividend: 2/07/2024
Dividend Payable: 2/22/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
Current Symbol: NASDAQ:CATC
CUSIP: N/A
CIK: 711772
Web: www.cambridgetrust.com
Phone: (617) 876-5500
Fax: 617-812-2403
Employees: 407
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $73.15
High Stock Price Target: $79.30
Low Stock Price Target: $67.00
Potential Upside/Downside: +22.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.34
Trailing P/E Ratio: 13.74
Forward P/E Ratio: 13.77
P/E Growth: N/A
Net Income: $34.11 million
Net Margins: 12.25%
Pretax Margin: 17.83%
Return on Equity: 7.59%
Return on Assets: 0.73%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.84
Quick Ratio: 0.84

Sales & Book Value

Annual Sales: $260.26 million
Price / Sales: 1.80
Cash Flow: $5.43 per share
Price / Cash Flow: 10.97
Book Value: $68.13 per share
Price / Book: 0.87

Miscellaneous

Outstanding Shares: 7,850,000
Free Float: 7,497,000
Market Cap: $467.94 million
Optionable: Optionable
Beta: 0.58

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Key Executives

Mr. Denis K. Sheahan (Age 58)
Chairman, President & CEO
Comp: $990.29k
Mr. Joseph P. Sapienza (Age 53)
Interim CFO, SVP, Director of Accounting & Controller
Comp: $583.51k
Mr. Puneet Nevatia (Age 50)
Senior VP & Chief Information Officer
Comp: $473.34k
Ms. Kerri A. Mooney (Age 54)
Senior VP & Chief Deposit Officer
Comp: $441.76k
Mr. Daniel R. Morrison (Age 60)
CEO of New Hampshire Market & Director
Comp: $43.79k
Mr. Jeffrey F. Smith CFP (Age 58)
CRPC, Executive VP & Head of Wealth Management
Comp: $757.79k
Ms. Danielle Remis Hackel (Age 53)
Senior VP & Chief Marketing Officer
Ms. Pilar Pueyo (Age 62)
Senior VP & Director of Human Resources
Mr. John J. Sullivan (Age 64)
Senior VP & Director of Consumer Lending
Mr. John Steven Traynor
President of Cambridge Trust Wealth Management-Connecticut

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CATC Stock Analysis - 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 year. 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 "moderate buy" CATC shares.
View CATC analyst ratings or view top-rated stocks.
What is Cambridge Bancorp's stock price target for 2024?: 2 brokers have issued 12 month price objectives for Cambridge Bancorp's shares. Their CATC share price targets range from $67.00 to $79.30. On average, they anticipate the company's share price to reach $73.15 in the next year. This suggests a possible upside of 22.7% from the stock's current price.
View analysts price targets for CATC or view top-rated stocks among Wall Street analysts.
How have CATC shares performed in 2024?: Cambridge Bancorp's stock was trading at $69.40 at the start of the year. Since then, CATC stock has decreased by 14.1% and is now trading at $59.61.
View the best growth stocks for 2024 here.
Are investors shorting Cambridge Bancorp?: Cambridge Bancorp saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 110,800 shares, a decrease of 11.4% from the March 15th total of 125,000 shares. Based on an average trading volume of 29,700 shares, the days-to-cover ratio is presently 3.7 days.
View Cambridge Bancorp's Short Interest.
When is Cambridge Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our CATC earnings forecast.
How were Cambridge Bancorp's earnings last quarter?: Cambridge Bancorp (NASDAQ:CATC) issued its quarterly earnings results on Tuesday, January, 30th. The bank reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.19. The bank earned $38.53 million during the quarter, compared to analysts' expectations of $37.70 million. Cambridge Bancorp had a net margin of 12.25% and a trailing twelve-month return on equity of 7.59%.

How often does Cambridge Bancorp pay dividends? What is the dividend yield for Cambridge Bancorp?: Cambridge Bancorp declared a quarterly dividend on Monday, January 29th. Shareholders of record on Thursday, February 8th will be paid a dividend of $0.67 per share on Thursday, February 22nd. This represents a $2.68 annualized dividend and a dividend yield of 4.50%. The ex-dividend date of this dividend is Wednesday, February 7th.
Read our dividend analysis for CATC.
Is Cambridge Bancorp a good dividend stock?: Cambridge Bancorp (NASDAQ:CATC) pays an annual dividend of $2.68 per share and currently has a dividend yield of 4.39%. CATC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 61.75%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CATC.
What ETF holds Cambridge Bancorp's stock?: ProShares Russell 2000 Dividend Growers ETF holds 118,551 shares of CATC stock, representing 0.99% of its portfolio.
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).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CATC) was last updated on 4/18/2024 by MarketBeat.com Staff

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Cambridge Bancorp (CATC) Stock Price, News & Analysis

Cambridge Bancorp MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cambridge Bancorp Stock (NASDAQ:CATC)

CATC Stock Price History

CATC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CATC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™