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. Stockholders 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 2.34%. 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 data on Wednesday, July, 18th. The bank reported $0.90 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.01. Cathay General Bancorp had a net margin of 29.83% and a return on equity of 11.02%. During the same period in the prior year, the firm posted $0.64 earnings per share. View Cathay General Bancorp's Earnings History.

8 analysts have issued 1-year target prices for Cathay General Bancorp's shares. Their predictions 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. This suggests a possible upside of 11.9% 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), Chemical Financial (CHFC) and Home Bancshares (HOMB).

News headlines about CATY stock have trended somewhat positive on Thursday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cathay General Bancorp earned a news sentiment score of 0.10 on Accern's scale. They also assigned news articles about the bank an impact score of 46.54 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Cathay General Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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%), Campbell & CO Investment Adviser LLC (0.04%) and Xact Kapitalforvaltning AB (0.02%). 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, Bank of Montreal Can and Smith Graham & Co. Investment 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 bought 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 $41.04.

Cathay General Bancorp has a market capitalization of $3.28 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]