NASDAQ:CATY - Cathay General Bancorp Stock Price, News, & Analysis

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

Cathay General Bancorp announced a quarterly dividend on Thursday, August 16th. Stockholders of record on Tuesday, September 4th will be given a dividend of $0.24 per share on Friday, September 14th. This represents a $0.96 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Friday, August 31st. View Cathay General Bancorp's Dividend History.

Cathay General Bancorp (NASDAQ:CATY) announced its quarterly earnings results on Wednesday, July, 18th. The bank reported $0.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.89 by $0.01. The bank had revenue of $147.80 million for the quarter, compared to the consensus estimate of $147.85 million. Cathay General Bancorp had a net margin of 31.65% and a return on equity of 11.98%. During the same quarter in the previous year, the business earned $0.64 earnings per share. View Cathay General Bancorp's Earnings History.

Cathay General Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Cathay General Bancorp.

7 brokers have issued twelve-month price objectives for Cathay General Bancorp's shares. Their forecasts range from $43.50 to $51.00. On average, they anticipate Cathay General Bancorp's share price to reach $47.3571 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View Analyst Price Targets for Cathay General Bancorp.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cathay General Bancorp in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cathay General Bancorp.

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

Cathay General Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.07%), Dimensional Fund Advisors LP (4.77%), Northern Trust Corp (2.98%), Bank of New York Mellon Corp (1.62%), Bank of New York Mellon Corp (1.62%) and LSV Asset Management (1.39%). Company insiders that own Cathay General Bancorp stock include Anthony M Tang, Dunson K Cheng, Heng W Chen, Irwin Wong, Kim R Bingham, Lisa L Kim, 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 Canada Pension Plan Investment Board, Bank of America Corp DE, First Trust Advisors LP, Peregrine Capital Management LLC, Millennium Management LLC, Citadel Advisors LLC, Wedge Capital Management L L P NC and Sei Investments Co.. Company insiders that have sold Cathay General Bancorp company stock in the last year include Anthony M Tang, Dunson K Cheng, Irwin Wong, Kim R Bingham, Lisa L Kim and Peter Wu. View Insider Buying and Selling for Cathay General Bancorp.

CATY stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, BlackRock Inc., Victory Capital Management Inc., Dimensional Fund Advisors LP, Martingale Asset Management L P, Massachusetts Financial Services Co. MA, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Voya Investment Management LLC. 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 $42.50.

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.

The official website for Cathay General Bancorp is http://www.cathaybank.com.

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]