How have CAC shares performed in 2024?

Camden National's stock was trading at $37.63 at the beginning of the year. Since then, CAC shares have decreased by 21.3% and is now trading at $29.62. View the best growth stocks for 2024 here .

When is Camden National's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024. View our CAC earnings forecast .

How can I listen to Camden National's earnings call?

Camden National will be holding an earnings conference call on Tuesday, April 30th at 3:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Camden National's earnings last quarter?

Camden National Co. (NASDAQ:CAC) released its earnings results on Tuesday, January, 30th. The financial services provider reported $0.85 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.85. The financial services provider earned $65.78 million during the quarter, compared to analyst estimates of $42.75 million. Camden National had a net margin of 16.86% and a trailing twelve-month return on equity of 10.90%. During the same quarter last year, the firm posted $1.05 earnings per share.

How often does Camden National pay dividends? What is the dividend yield for Camden National?

Camden National declared a quarterly dividend on Tuesday, March 26th. Investors of record on Monday, April 15th will be paid a dividend of $0.42 per share on Tuesday, April 30th. This represents a $1.68 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date of this dividend is Friday, April 12th. Read our dividend analysis for CAC .

Is Camden National a good dividend stock?

Camden National (NASDAQ:CAC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 5.86%. CAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 56.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAC will have a dividend payout ratio of 49.27% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CAC .

What is Greg Dufour's approval rating as Camden National's CEO?

17 employees have rated Camden National Chief Executive Officer Greg Dufour on Glassdoor.com . Greg Dufour has an approval rating of 81% among the company's employees.

What other stocks do shareholders of Camden National own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Camden National investors own include NVIDIA (NVDA) , Boeing (BA) , General Motors (GM) , Main Street Capital (MAIN) , Verizon Communications (VZ) , AbbVie (ABBV) , Overstock.com (OSTK) , Pure Storage (PSTG) , QUALCOMM (QCOM) and Riot Platforms (RIOT) .

Who are Camden National's major shareholders?

Camden National's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Coston McIsaac & Partners (0.07%). Insiders that own company stock include Craig N Denekas , David C Flanagan , Gregory A Dufour, Jennifer Lloyd Mirabile, Lawrence J Sterrs , Renee Smyth and S Catherine Longley. View institutional ownership trends .

How do I buy shares of Camden National?

Shares of CAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CAC

Camden National (CAC) Stock Price, News & Analysis

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$30.06

+1.35 (+4.70%)

(As of 05:21 PM ET)

Compare

Today's Range: $28.64
▼
$30.09
50-Day Range: $28.65
▼
$33.71
52-Week Range: $26.52
▼
$39.70

Volume: 41,103 shs
Average Volume: 43,926 shs
Market Capitalization: $439.75 million

P/E Ratio: 10.12
Dividend Yield: 5.59%
Price Target: N/A

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Camden National MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.99% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.19
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.71%
From $3.08 to $3.41 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.44 out of 5 stars

Finance Sector

431st out of 844 stocks

National Commercial Banks Industry

55th out of 82 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Camden National.

3.0

Short Interest

Percentage of Shares Shorted
2.99% of the float of Camden National has been sold short.
Short Interest Ratio / Days to Cover
Camden National has a short interest ratio ("days to cover") of 9.3.
Change versus previous month
Short interest in Camden National has recently decreased by 3.16%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Leadership
Camden National is a leading dividend payer. It pays a dividend yield of 5.86%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Camden National does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Camden National is 56.57%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Camden National will have a dividend payout ratio of 49.27% next year. This indicates that Camden National will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CAC.

1.8

News and Social Media Coverage

News Sentiment
Camden National has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Camden National this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Camden National insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.86% of the stock of Camden National is held by insiders.
Percentage Held by Institutions
77.41% of the stock of Camden National is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Camden National are expected to grow by 10.71% in the coming year, from $3.08 to $3.41 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Camden National is 9.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Camden National is 9.97, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.92.
Price to Book Value per Share Ratio
Camden National has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Camden National Stock (NASDAQ:CAC)

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in Maine, New Hampshire, and Massachusetts. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. Its loan products include non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. The company also provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

CAC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CAC Stock News Headlines

April 19, 2024 | americanbankingnews.com

Camden National (NASDAQ:CAC) Downgraded by StockNews.com to Sell

April 13, 2024 | americanbankingnews.com

Camden National (NASDAQ:CAC) Rating Increased to Hold at StockNews.com

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April 9, 2024 | msn.com

April is National Child Abuse Prevention Month

April 9, 2024 | msn.com

Children's Advocacy Center Opens New Building: 13 Photos

April 7, 2024 | finance.yahoo.com

We Wouldn't Be Too Quick To Buy Camden National Corporation (NASDAQ:CAC) Before It Goes Ex-Dividend

April 4, 2024 | msn.com

Children’s Advocacy Center hosts annual luncheon, pledge-a-thon

April 3, 2024 | msn.com

Amarillo honors Child Abuse Prevention Month with upcoming events

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 1, 2024 | finance.yahoo.com

Camden National Corporation to Announce Quarter Ended March 31, 2024 Financial Results on April 30, 2024

March 30, 2024 | finance.yahoo.com

Camden National (NASDAQ:CAC) Has Affirmed Its Dividend Of $0.42

March 29, 2024 | msn.com

Delaware's first Tuskegee Airmen Commemoration Day for students interested in military

March 27, 2024 | seekingalpha.com

Camden National declares $0.42 dividend

March 26, 2024 | prnewswire.com

Camden National Corporation Announces its First Quarter 2024 Dividend

March 14, 2024 | uk.finance.yahoo.com

Former Treasury Secretary Mnuchin putting together investors to buy TikTok, CNBC reports

March 14, 2024 | msn.com

Northeast Texas Child Advocacy Center hosts internet safety event

March 13, 2024 | wsj.com

Camden National Corp.

March 10, 2024 | finance.yahoo.com

Camden National Full Year 2023 Earnings: Misses Expectations

March 3, 2024 | finance.yahoo.com

Camden National (NASDAQ:CAC) shareholders have endured a 22% loss from investing in the stock three years ago

February 23, 2024 | msn.com

Lawsuits Claim Kids Underwent Unnecessary Genital Exams During Abuse Investigations

February 20, 2024 | sports.yahoo.com

Weekend Hoops: Mallar breaks points and 3-point record for Pittsford girls basketball

February 19, 2024 | sports.yahoo.com

Weekend Hoops: Mallar breaks points and 3-pointer record for Pittsford girls basketball

February 9, 2024 | finance.yahoo.com

Should Value Investors Buy Camden National (CAC) Stock?

February 7, 2024 | finance.yahoo.com

Down -10.66% in 4 Weeks, Here's Why You Should You Buy the Dip in Camden National (CAC)

February 5, 2024 | finance.yahoo.com

Camden National Corporation (NASDAQ:CAC) is a favorite amongst institutional investors who own 70%

February 1, 2024 | markets.businessinsider.com

KBW Reaffirms Their Hold Rating on Camden National (CAC)

February 1, 2024 | finance.yahoo.com

Camden National Corporation (NASDAQ:CAC) Q4 2023 Earnings Call Transcript

See More Headlines

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Company Calendar

Ex-Dividend for 1/31 Dividend: 1/11/2024
Last Earnings: 1/30/2024
Dividend Payable: 1/31/2024
Ex-Dividend for 4/30 Dividend: 4/12/2024
Today: 4/19/2024
Dividend Payable: 4/30/2024
Next Earnings (Confirmed): 4/30/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: National commercial banks
Sub-Industry: Regional Banks
Current Symbol: NASDAQ:CAC
CUSIP: 13303410
CIK: 750686
Web: www.camdennational.com
Phone: (207) 236-8821
Fax: 207-236-6256
Employees: 600
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.97
Trailing P/E Ratio: 9.97
Forward P/E Ratio: 9.62
P/E Growth: N/A
Net Income: $43.38 million
Net Margins: 16.86%
Pretax Margin: 20.92%
Return on Equity: 10.90%
Return on Assets: 0.90%

Debt

Debt-to-Equity Ratio: 0.09
Current Ratio: 0.81
Quick Ratio: 0.80

Sales & Book Value

Annual Sales: $257.28 million
Price / Sales: 1.68
Cash Flow: $4.21 per share
Price / Cash Flow: 7.04
Book Value: $34.01 per share
Price / Book: 0.87

Miscellaneous

Outstanding Shares: 14,630,000
Free Float: 14,357,000
Market Cap: $433.34 million
Optionable: Optionable
Beta: 0.74

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Key Executives

Mr. Michael R. Archer CPA (Age 40)
Executive VP & CFO
Comp: $337.23k
Mr. William H. Martel (Age 54)
Executive VP of Technology & Support Services and CTO
Comp: $434k
Mr. Gregory A. Dufour (Age 63)
Executive Officer
Comp: $993.24k
Mr. Timothy P. Nightingale (Age 66)
Executive VP & Chief Credit Officer
Comp: $508.65k
Ms. Patricia A. Rose (Age 59)
Executive Vice President of Retail & Mortgage Banking
Comp: $431.31k
Mr. Craig Norman Denekas (Age 59)
Secretary & Director
Comp: $47.45k
Mr. Simon R. Griffiths (Age 50)
CEO, President & Director
Ms. Renée D. Smyth (Age 53)
Executive VP and Chief Experience & Marketing Officer
Ms. Carolyn Carson-Crosby
Senior Vice President of Employee Relations and Engagement Manager
Ms. Jennifer Lloyd Mirabile CFP (Age 64)
Executive VP & MD of Camden National Wealth Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CAC Stock Analysis - Frequently Asked Questions

How have CAC shares performed in 2024?: Camden National's stock was trading at $37.63 at the beginning of the year. Since then, CAC shares have decreased by 21.3% and is now trading at $29.62.
View the best growth stocks for 2024 here.
When is Camden National's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our CAC earnings forecast.
How can I listen to Camden National's earnings call?: Camden National will be holding an earnings conference call on Tuesday, April 30th at 3:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Camden National's earnings last quarter?: Camden National Co. (NASDAQ:CAC) released its earnings results on Tuesday, January, 30th. The financial services provider reported $0.85 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.85. The financial services provider earned $65.78 million during the quarter, compared to analyst estimates of $42.75 million. Camden National had a net margin of 16.86% and a trailing twelve-month return on equity of 10.90%. During the same quarter last year, the firm posted $1.05 earnings per share.
How often does Camden National pay dividends? What is the dividend yield for Camden National?: Camden National declared a quarterly dividend on Tuesday, March 26th. Investors of record on Monday, April 15th will be paid a dividend of $0.42 per share on Tuesday, April 30th. This represents a $1.68 dividend on an annualized basis and a yield of 5.67%. The ex-dividend date of this dividend is Friday, April 12th.
Read our dividend analysis for CAC.
Is Camden National a good dividend stock?: Camden National (NASDAQ:CAC) pays an annual dividend of $1.68 per share and currently has a dividend yield of 5.86%. CAC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 56.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CAC will have a dividend payout ratio of 49.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CAC.

What is Greg Dufour's approval rating as Camden National's CEO?: 17 employees have rated Camden National Chief Executive Officer Greg Dufour on Glassdoor.com. Greg Dufour has an approval rating of 81% among the company's employees.
What other stocks do shareholders of Camden National own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Camden National investors own include NVIDIA (NVDA), Boeing (BA), General Motors (GM), Main Street Capital (MAIN), Verizon Communications (VZ), AbbVie (ABBV), Overstock.com (OSTK), Pure Storage (PSTG), QUALCOMM (QCOM) and Riot Platforms (RIOT).
Who are Camden National's major shareholders?: Camden National's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Coston McIsaac & Partners (0.07%). Insiders that own company stock include Craig N Denekas, David C Flanagan, Gregory A Dufour, Jennifer Lloyd Mirabile, Lawrence J Sterrs, Renee Smyth and S Catherine Longley.
View institutional ownership trends.
How do I buy shares of Camden National?: Shares of CAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CAC) was last updated on 4/19/2024 by MarketBeat.com Staff

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