NASDAQ:CATC

Cambridge Bancorp (CATC) Stock Price, News & Analysis

$64.68
+1.54 (+2.44%)
(As of 12:07 PM ET)
Today's Range
$63.87
$64.69
50-Day Range
$59.61
$68.16
52-Week Range
$44.62
$73.68
Volume
14,272 shs
Average Volume
27,448 shs
Market Capitalization
$507.74 million
P/E Ratio
17.82
Dividend Yield
4.14%
Price Target
$73.15

Cambridge Bancorp MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
14.5% Upside
$73.15 Price Target
Short Interest
Healthy
1.28% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.40mentions of Cambridge Bancorp in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$241,163 Sold Last Quarter
Proj. Earnings Growth
N/A

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.

3.89 out of 5 stars

Finance Sector

337th out of 856 stocks

State Commercial Banks Industry

80th out of 178 stocks

CATC stock logo

About Cambridge Bancorp Stock (NASDAQ:CATC)

Cambridge Bancorp operates as the bank holding company for Cambridge Trust Company that engages in the provision of commercial and consumer banking, and investment management and trust services. The company accepts various deposits, such as checking, savings, money market, trust, and individual retirement accounts, as well as time and demand deposits, and certificates of deposit. Its loan products include residential and commercial real estate loans; construction loan; residential mortgages and home equity loans; commercial and industrial loans; consumer loans, such as secured and unsecured loans, lines of credit, and personal installment loans; and construction loans. The company also offers cash management, debit and credit cards, online and mobile banking, and payments services. It serves commercial enterprises, non-profit organizations, and individuals. The company operates through a network of banking and wealth management offices located in Massachusetts and New Hampshire. Cambridge Bancorp was founded in 1890 and is headquartered in Cambridge, Massachusetts.

CATC Stock Price History

CATC Stock News Headlines

KBW Keeps Their Buy Rating on Cambridge Bancorp (CATC)
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Cambridge: Q1 Earnings Snapshot
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Cambridge Bancorp
CATC Mar 2024 60.000 put
Here's what Wall Street expects from Cambridge Bancorp's earnings
Cambridge Bancorp Q4 Profit Down, But Beats View
See More Headlines
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Company Calendar

Last Earnings
7/18/2023
Ex-Dividend for 2/22 Dividend
2/07/2024
Dividend Payable
2/22/2024
Today
5/02/2024
Ex-Dividend for 5/23 Dividend
5/08/2024
Dividend Payable
5/23/2024
Next Earnings (Estimated)
7/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:CATC
Employees
407
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$73.15
High Stock Price Target
$79.30
Low Stock Price Target
$67.00
Potential Upside/Downside
+14.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$34.11 million
Pretax Margin
17.83%

Debt

Sales & Book Value

Annual Sales
$260.26 million
Cash Flow
$5.80 per share
Book Value
$68.13 per share

Miscellaneous

Free Float
7,497,000
Market Cap
$501.38 million
Optionable
Optionable
Beta
0.60
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Key Executives


CATC Stock Analysis - Frequently Asked Questions

Should I buy or sell Cambridge Bancorp stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cambridge Bancorp in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CATC shares.
View CATC analyst ratings
or view top-rated stocks.

What is Cambridge Bancorp's stock price target for 2024?

2 equities research analysts have issued twelve-month price objectives for Cambridge Bancorp's stock. Their CATC share price targets range from $67.00 to $79.30. On average, they expect the company's stock price to reach $73.15 in the next twelve months. This suggests a possible upside of 14.5% from the stock's current price.
View analysts price targets for CATC
or view top-rated stocks among Wall Street analysts.

How have CATC shares performed in 2024?

Cambridge Bancorp's stock was trading at $69.40 at the start of the year. Since then, CATC stock has decreased by 8.0% and is now trading at $63.87.
View the best growth stocks for 2024 here
.

Are investors shorting Cambridge Bancorp?

Cambridge Bancorp saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 100,800 shares, a drop of 9.0% from the March 31st total of 110,800 shares. Based on an average trading volume of 27,600 shares, the days-to-cover ratio is presently 3.7 days.
View Cambridge Bancorp's Short Interest
.

When is Cambridge Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 16th 2024.
View our CATC earnings forecast
.

How were Cambridge Bancorp's earnings last quarter?

Cambridge Bancorp (NASDAQ:CATC) issued its quarterly earnings data on Tuesday, July, 18th. The bank reported $1.23 EPS for the quarter, topping analysts' consensus estimates of $1.18 by $0.05. The bank earned $64.17 million during the quarter, compared to analysts' expectations of $39.98 million. Cambridge Bancorp had a net margin of 10.11% and a trailing twelve-month return on equity of 6.69%. During the same quarter in the prior year, the business earned $1.90 earnings per share.

How often does Cambridge Bancorp pay dividends? What is the dividend yield for Cambridge Bancorp?

Cambridge Bancorp announced a quarterly dividend on Monday, April 22nd. Investors of record on Thursday, May 9th will be paid a dividend of $0.67 per share on Thursday, May 23rd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.20%. The ex-dividend date is Wednesday, May 8th.
Read our dividend analysis for CATC
.

Is Cambridge Bancorp a good dividend stock?

Cambridge Bancorp (NASDAQ:CATC) pays an annual dividend of $2.68 per share and currently has a dividend yield of 4.37%. CATC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 25 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 73.83%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CATC.

What other stocks do shareholders of Cambridge Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cambridge Bancorp investors own include InterDigital (IDCC), Bank of Hawaii (BOH), STAG Industrial (STAG), Evoke Pharma (EVOK), ArQule (ARQL), Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), Harley-Davidson (HOG) and Invesco (IVZ).

Who are Cambridge Bancorp's major shareholders?

Cambridge Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Polaris Capital Management LLC (1.46%), Sippican Capital Advisors (0.12%), BNP Paribas Financial Markets (0.05%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Denis K Sheahan, Hambleton Douglas Lord, Kerri Mooney, Martin B Millane, Michael Carotenuto, Robert Gregg Stone III and Simon R Gerlin.
View institutional ownership trends
.

How do I buy shares of Cambridge Bancorp?

Shares of CATC 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:CATC) was last updated on 5/2/2024 by MarketBeat.com Staff

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