Camden National Corporation (CAC)

Market Cap	410.45M
Revenue (ttm)	176.14M
Net Income (ttm)	54.73M
Shares Out	14.55M
EPS (ttm)	3.74
PE Ratio	7.54
Forward PE	9.86
Dividend	$1.68 (5.96%)
Ex-Dividend Date	Jul 13, 2023

Volume	110,431
Open	28.82
Previous Close	28.83
Day's Range	27.92 - 28.83
52-Week Range	27.92 - 44.98
Beta	0.75
Analysts	Hold
Price Target	31.00 (+9.93%)
Earnings Date	Oct 24, 2023

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: 630
• Stock Exchange: NASDAQ
• Ticker Symbol: CAC

Financial Performance

In 2022, CAC's revenue was $183.90 million, a decrease of -3.40% compared to the previous year's $190.36 million. Earnings were $61.44 million, a decrease of -10.98%.

Analyst Forecast

According to 2 analysts, the average rating for CAC stock is "Hold." The 12-month stock price forecast is $31.0, which is an increase of 9.93% from the latest price.

Price Target

$31.0

(9.93% upside)

Analyst Consensus: Hold