Camden National Corporation (CAC)

Market Cap	675.07M
Revenue (ttm)	168.76M
Net Income (ttm)	46.80M
Shares Out	14.58M
EPS (ttm)	3.20
PE Ratio	14.47
Forward PE	15.67
Dividend	$1.68 (3.63%)
Ex-Dividend Date	Oct 15, 2024

Volume	30,590
Open	46.26
Previous Close	46.39
Day's Range	45.52 - 46.31
52-Week Range	28.62 - 50.07
Beta	0.71
Analysts	Hold
Price Target	41.50 (-10.39%)
Earnings Date	Oct 29, 2024

About 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, uns...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Oct 7, 1997
• Employees: 600
• Stock Exchange: NASDAQ
• Ticker Symbol: CAC
• Website: https://www.camdennational.com

Financial Performance

In 2023, Camden National's revenue was $161.20 million, a decrease of -12.34% compared to the previous year's $183.90 million. Earnings were $43.33 million, a decrease of -29.29%.

Analyst Forecast

According to 2 analysts, the average rating for CAC stock is "Hold." The 12-month stock price forecast is $41.5, which is a decrease of -10.39% from the latest price.

Price Target

$41.5

(-10.39% downside)

Analyst Consensus: Hold