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. 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 annualized dividend and a dividend yield of 2.28%. The ex-dividend date of this dividend is Thursday, May 31st. View Cathay General Bancorp's Dividend History.

Cathay General Bancorp (NASDAQ:CATY) released its quarterly earnings results on Wednesday, July, 18th. The bank reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.01. The bank earned $147.80 million during the quarter, compared to analyst estimates 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 period in the prior year, the business earned $0.64 EPS. 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 brokerages have issued 12 month price targets for Cathay General Bancorp's shares. Their forecasts range from $39.00 to $51.00. On average, they anticipate Cathay General Bancorp's share price to reach $46.3125 in the next year. This suggests a possible upside of 10.0% 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), Prosperity Bancshares (PB), First Citizens BancShares Inc. Class A (FCNCA), Associated Banc (ASB), Texas Capital Bancshares (TCBI), Popular (BPOP), IBERIABANK (IBKC), Hancock (HBHC), Home Bancshares (HOMB) and Chemical Financial (CHFC).

Press coverage about CATY stock has trended somewhat negative this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cathay General Bancorp earned a media sentiment score of -0.05 on Accern's scale. They also assigned news stories about the bank an impact score of 43.98 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Cathay General Bancorp's stock is owned by a number of 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 acquired 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 $42.11.

Cathay General Bancorp has a market capitalization of $3.42 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]