Camden National (CAC) Expected to Announce Quarterly Earnings on Tuesday

Camden National (NASDAQ:CAC - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $57.63 million for the quarter.

Camden National (NASDAQ:CAC - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.14. Camden National had a return on equity of 10.38% and a net margin of 18.02%. During the same quarter in the previous year, the firm earned $0.85 earnings per share. On average, analysts expect Camden National to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Camden National Stock Performance

NASDAQ CAC opened at $38.82 on Tuesday. Camden National has a fifty-two week low of $30.11 and a fifty-two week high of $50.07. The stock has a market cap of $655.51 million, a price-to-earnings ratio of 10.72 and a beta of 0.61. The business has a fifty day moving average of $40.14 and a 200-day moving average of $42.99. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.08.

Camden National Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 4.33%. Camden National's dividend payout ratio (DPR) is 46.41%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CAC. Raymond James reissued an "outperform" rating and issued a $53.00 price target (up from $50.00) on shares of Camden National in a report on Wednesday, January 29th. Keefe, Bruyette & Woods lifted their price objective on Camden National from $48.00 to $50.00 and gave the company a "market perform" rating in a research report on Wednesday, January 29th. Finally, StockNews.com started coverage on Camden National in a research report on Friday. They issued a "hold" rating for the company.

Camden National Company Profile

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.

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