NASDAQ:CATY - Cathay General Bancorp Stock Price, Price Target & More

Cathay General Bancorp trades on the NASDAQ under the ticker symbol "CATY."

Cathay General Bancorp announced a quarterly dividend on Thursday, May 17th. Shareholders of record on Friday, June 1st will be paid a dividend of $0.24 per share on Monday, June 11th. This represents a $0.96 annualized dividend and a yield of 2.25%. The ex-dividend date is Thursday, May 31st. View Cathay General Bancorp's Dividend History.

Cathay General Bancorp (NASDAQ:CATY) issued its quarterly earnings results on Wednesday, April, 18th. The bank reported $0.78 EPS for the quarter, meeting analysts' consensus estimates of $0.78. The bank had revenue of $140.65 million for the quarter, compared to the consensus estimate of $141.83 million. Cathay General Bancorp had a return on equity of 11.02% and a net margin of 29.83%. During the same quarter in the prior year, the company posted $0.61 EPS. View Cathay General Bancorp's Earnings History.

Cathay General Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 17th 2018. View Earnings Estimates for Cathay General Bancorp.

8 equities research analysts have issued 1 year price objectives for Cathay General Bancorp's stock. Their forecasts range from $39.00 to $51.00. On average, they anticipate Cathay General Bancorp's stock price to reach $45.9375 in the next year. View Analyst Ratings for Cathay General Bancorp.

Some companies that are related to Cathay General Bancorp include East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB), Associated Banc (ASB), Popular (BPOP), Texas Capital Bancshares (TCBI), Iberiabank (IBKC), Hancock (HBHC), First Hawaiian Bank (FHB) and Chemical Financial (CHFC).

News articles about CATY stock have trended somewhat positive on Thursday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cathay General Bancorp earned a media sentiment score of 0.08 on Accern's scale. They also assigned press coverage about the bank an impact score of 45.19 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Cathay General Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.41%), Dimensional Fund Advisors LP (4.61%), Northern Trust Corp (2.96%), Principal Financial Group Inc. (1.65%), Principal Financial Group Inc. (1.65%) and GW&K Investment Management LLC (1.26%). Company insiders that own Cathay General Bancorp stock include Anthony M Tang, Dunson K Cheng, Heng W Chen, Irwin Wong, Kim R Bingham, Patrick Lee, Peter Wu and Ting Y Liu. View Institutional Ownership Trends for Cathay General Bancorp.

CATY stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, American Century Companies Inc., JPMorgan Chase & Co., Thrivent Financial for Lutherans, Schwab Charles Investment Management Inc., BNP Paribas Arbitrage SA, Employees Retirement System of Texas and Dimensional Fund Advisors LP. Company insiders that have sold Cathay General Bancorp company stock in the last year include Dunson K Cheng, Irwin Wong, Kim R Bingham and Peter Wu. View Insider Buying and Selling for Cathay General Bancorp.

CATY stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Nuveen Asset Management LLC, Massachusetts Financial Services Co. MA, Principal Financial Group Inc., Principal Financial Group Inc., Great Lakes Advisors LLC and Piermont Capital Management Inc.. View Insider Buying and Selling for Cathay General Bancorp.

Shares of CATY 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, Scottrade, Fidelity and Charles Schwab.

One share of CATY stock can currently be purchased for approximately $42.68.

Cathay General Bancorp has a market capitalization of $3.49 billion and generates $612.45 million in revenue each year. The bank earns $176.04 million in net income (profit) each year or $2.46 on an earnings per share basis. Cathay General Bancorp employs 1,271 workers across the globe.

Cathay General Bancorp's mailing address is 777 N BROADWAY, LOS ANGELES CA, 90012. The bank can be reached via phone at 213-625-4700 or via email at [email protected]