Camden National Corporation (CAC)

NASDAQ: CAC · IEX Real-Time Price · USD
43.83
+0.77 (1.79%)
Oct 4, 2022 4:00 PM EDT - Market closed
1.79%
Market Cap 641.02M
Revenue (ttm) 185.17M
Net Income (ttm) 62.95M
Shares Out 14.63M
EPS (ttm) 4.23
PE Ratio 10.36
Forward PE 9.63
Dividend $1.60 (3.65%)
Ex-Dividend Date Oct 13, 2022
Volume 24,579
Open 43.32
Previous Close 43.06
Day's Range 43.15 - 43.89
52-Week Range 41.48 - 52.16
Beta 0.77
Analysts Sell
Price Target 49.30 (+12.5%)
Earnings Date Oct 24, 2022

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. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the... [Read more...]

Industry Banks
IPO Date Oct 7, 1997
CEO Gregory Dufour
Employees 620
Stock Exchange NASDAQ
Ticker Symbol CAC
Full Company Profile

Financial Performance

In 2021, CAC's revenue was $190.36 million, an increase of 9.17% compared to the previous year's $174.38 million. Earnings were $69.01 million, an increase of 16.02%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CAC stock is "Sell." The 12-month stock price forecast is 49.3, which is an increase of 12.48% from the latest price.

Price Target
$49.3
(12.48% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Camden National Corporation Appoints Rebecca Hatfield to Board of Directors

Bank welcomes distinguished credit risk and housing leader  CAMDEN, Maine , Sept. 28, 2022 /PRNewswire/ -- Camden National Corporation (Nasdaq: CAC), parent company of Camden National Bank, today announ...

6 days ago - PRNewsWire

Camden National Corporation Announces its Third Quarter 2022 Dividend

CAMDEN, Maine , Sept. 27, 2022 /PRNewswire/ -- Gregory A.

1 week ago - PRNewsWire

Camden National (CAC) Lags Q2 Earnings Estimates

Camden National (CAC) delivered earnings and revenue surprises of -2.86% and 1.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

CAMDEN NATIONAL CORPORATION REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS

Camden National Corporation Reports Net Income of $15.0 Million for the Second Quarter of 2022  and 9% Loan Growth for the First Half of 2022 CAMDEN, Maine , July 26, 2022 /PRNewswire/ -- Camden Nationa...

2 months ago - PRNewsWire

Camden National Corporation to Announce Quarter Ended June 30, 2022 Financial Results on July 26, 2022

CAMDEN, Maine , July 7, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended June 30, 2022 on Tuesday, July 26, 2022. A confer...

2 months ago - PRNewsWire

Camden National Corporation Announces its Second Quarter 2022 Dividend

CAMDEN, Maine , June 28, 2022 /PRNewswire/ -- Gregory A. Dufour, president and chief executive officer of Camden National Corporation (NASDAQ®: CAC; the "Company"), announced today that the board of dir...

3 months ago - PRNewsWire

Camden National (CAC) Beats Q1 Earnings and Revenue Estimates

Camden National (CAC) delivered earnings and revenue surprises of 11.76% and 0.21%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

CAMDEN NATIONAL CORPORATION REPORTS FIRST QUARTER 2022 FINANCIAL RESULTS

Camden National Reports a 2% Increase in Net Income and Diluted EPS  for the First Quarter of 2022 over the Fourth Quarter of 2021 CAMDEN, Maine , April 26, 2022 /PRNewswire/ -- Camden National Corporat...

5 months ago - PRNewsWire

Camden National Corporation to Announce Quarter Ended March 31, 2022 Financial Results on April 26, 2022

CAMDEN, Maine , April 7, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ:  CAC) will report financial and operating results for the quarter ended March 31, 2022 on Tuesday, April 26, 2022. A co...

5 months ago - PRNewsWire

Camden National Corporation Announces its First Quarter 2022 Dividend

CAMDEN, Maine , March 29, 2022 /PRNewswire/ -- Gregory A. Dufour, president and chief executive officer of Camden National Corporation (NASDAQ®: CAC; the "Company"), announced today that the board of di...

6 months ago - PRNewsWire

Camden National (CAC) Surges 6.2%: Is This an Indication of Further Gains?

Camden National (CAC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

7 months ago - Zacks Investment Research

Camden National (CAC) Q4 Earnings and Revenues Top Estimates

Camden National (CAC) delivered earnings and revenue surprises of 4.72% and 3.96%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

CAMDEN NATIONAL CORPORATION REPORTS FOURTH QUARTER AND YEAR END 2021 FINANCIAL RESULTS

CAMDEN, Maine, Jan. 25, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.5 billion bank holding company headquartered in Camden, Maine, reported r...

8 months ago - PRNewsWire

Camden National Corporation to Announce Quarter and Year Ended December 31, 2021 Financial Results on January 25, 2022

CAMDEN, Maine, Jan. 11, 2022 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter and year ended December 31, 2021 on Tuesday, January 25...

8 months ago - PRNewsWire

Camden (CAC) Shares 2.9% Up on Dividend Hike: Worth a Look?

Camden (CAC) ups its quarterly cash dividend by 11.1%. Should you consider holding the stock in your portfolio based on its dividend income?

9 months ago - Zacks Investment Research

Camden National Corporation Announces an 11% Increase in its Fourth Quarter 2021 Dividend

CAMDEN, Maine, Dec. 21, 2021 /PRNewswire/ -- Gregory A. Dufour, president and chief executive officer of Camden National Corporation (NASDAQ®: CAC; the "Company"), announced today that the board of dire...

9 months ago - PRNewsWire

Camden National (CAC) Misses Q3 Earnings Estimates

Camden National (CAC) delivered earnings and revenue surprises of -4.90% and 2.24%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

Camden National Corporation Reports Third Quarter 2021 Financial Results

CAMDEN, Maine, Oct. 26, 2021 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.5 billion bank holding company headquartered in Camden, Maine, reported n...

11 months ago - PRNewsWire

Analysts Estimate Camden National (CAC) to Report a Decline in Earnings: What to Look Out for

Camden National (CAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

Camden National Corporation to Announce Quarter Ended September 30, 2021 Financial Results on October 26, 2021

CAMDEN, Maine, Oct. 7, 2021 /PRNewswire/ -- Camden National Corporation (NASDAQ:  CAC) will report financial and operating results for the quarter ended September 30, 2021 on Tuesday, October 26, 2021. ...

11 months ago - PRNewsWire

Camden National (CAC) Soars to 52-Week High, Time to Cash Out?

Camden National (CAC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

11 months ago - Zacks Investment Research

Camden National Corporation Announces its Third Quarter 2021 Dividend

CAMDEN, Maine, Sept. 28, 2021 /PRNewswire/ -- Gregory A.

1 year ago - PRNewsWire

Camden National (CAC) Q2 Earnings Surpass Estimates

Camden National (CAC) delivered earnings and revenue surprises of 4.31% and -4.62%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Camden National: Q2 Earnings Insights

Shares of Camden National (NASDAQ:CAC) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were up 65.75% year over year to $1.21, which beat the estimate of ...

1 year ago - Benzinga

Camden National Corporation Reports Second Quarter 2021 Financial Results

CAMDEN, Maine, July 27, 2021 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC; "Camden National" or the "Company"), a $5.2 billion bank holding company headquartered in Camden, Maine, reported n...

1 year ago - PRNewsWire