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 declared a quarterly dividend on Thursday, May 17th. Investors 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 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend is Thursday, May 31st. View Cathay General Bancorp's Dividend History.

Cathay General Bancorp (NASDAQ:CATY) issued its earnings results on Wednesday, July, 18th. The bank reported $0.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 12.11%. During the same quarter last year, the firm 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.

8 Wall Street analysts have issued twelve-month target prices for Cathay General Bancorp's shares. Their forecasts range from $39.00 to $51.00. On average, they expect Cathay General Bancorp's share price to reach $46.3125 in the next twelve months. This suggests a possible upside of 9.4% from the stock's current price. View Analyst Ratings for Cathay General Bancorp.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cathay General Bancorp in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

Media headlines about CATY stock have trended somewhat positive on Friday, Accern reports. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cathay General Bancorp earned a news impact score of 0.12 on Accern's scale. They also gave press coverage about the bank an impact score of 45.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Cathay General Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.22%), Boston Advisors LLC (0.19%), Smith Graham & Co. Investment Advisors LP (0.18%), Bank of Montreal Can (0.12%), Foundry Partners LLC (0.04%) and Campbell & CO Investment Adviser LLC (0.04%). 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 Peregrine Capital Management LLC, Municipal Employees Retirement System of Michigan, Bank of Montreal Can, Smith Graham & Co. Investment Advisors LP and Foundry Partners LLC. 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 purchased by a variety of institutional investors in the last quarter, including Boston Advisors LLC, Campbell & CO Investment Adviser LLC and Xact Kapitalforvaltning AB. 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 $42.35.

Cathay General Bancorp has a market capitalization of $3.33 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]