12 Month Price Forecast For CAC
Distance to CAC Price Forecasts
CAC Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: December 13, 2024 9:26 AM UTC
CAC Analyst Ratings & Price Targets
Based on our analysis of 6 Wall Street analysts, CAC has a consensus that is neutral. The median price target is $48.00, with forecasts ranging from $43.00 to $53.00. Currently, there are 0 Buy ratings, 4 Hold ratings, and 0 Sell ratings.
With CAC currently trading at $45.94, the median price forecast suggests a 4.5% upside. The most optimistic forecast comes from at , projecting a 15.4% upside, while at provides the most conservative target, suggesting a -6.4% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CAC Analyst Consensus
CAC Price Target Range
Latest CAC Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CAC.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 4, 2024 | Keefe, Bruyette & Woods | Damon Delmonte | Market Perform | Maintains | $48.00 |
| Sep 11, 2024 | Keefe, Bruyette & Woods | Damon Delmonte | Market Perform | Maintains | $41.00 |
| Aug 2, 2024 | Stephens & Co. | Matt Breese | Equal-Weight | Maintains | $42.00 |
| Aug 1, 2024 | Keefe, Bruyette & Woods | Damon Delmonte | Market Perform | Maintains | $40.00 |
| Jul 26, 2023 | Keefe, Bruyette & Woods | Damon Delmonte | Market Perform | Maintains | $31.00 |
| Dec 21, 2022 | Raymond James | Steve Moss | Market Perform | Initiates | $0.00 |
| Aug 4, 2022 | Stephens & Co. | Matt Breese | Equal-Weight | Downgrade | $48.00 |
| Oct 7, 2021 | Raymond James | Market Perform | Downgrade | $0.00 | |
| Jul 28, 2021 | Raymond James | William Wallace | Outperform | Maintains | $50.00 |
| Jun 22, 2021 | Stephens & Co. | Overweight | Initiates | $0.00 | |
| Apr 28, 2021 | Raymond James | William Wallace | Outperform | Maintains | $52.00 |
| Jan 27, 2021 | Raymond James | Outperform | Upgrade | $0.00 | |
| Nov 26, 2019 | Raymond James | Market Perform | Initiates | $0.00 | |
| Feb 2, 2018 | Piper Sandler | Matthew Breese | Overweight | Maintains | $51.00 |
| Feb 2, 2018 | PiperJaffray | Overweight | Maintains | $0.00 | |
| Nov 1, 2017 | Keefe, Bruyette & Woods | Market Perform | Downgrade | $0.00 | |
| Nov 1, 2017 | Keefe Bruyette & Woods | Market Perform | Downgrade | $0.00 | |
| Oct 3, 2016 | Keefe, Bruyette & Woods | Outperform | Maintains | $35.00 | |
| Oct 3, 2016 | Keefe Bruyette & Woods | Outperform | Maintains | $0.00 | |
| Dec 4, 2015 | Piper Sandler | Overweight | Maintains | $54.00 |
Camden National Corp (CAC) Financial Data
Camden National Corp has a market capitalization of $682.21M with a P/E ratio of 14.6x. The company generates $168.76M in trailing twelve-month revenue with a 27.7% profit margin.
Revenue growth is +17.1% quarter-over-quarter, while maintaining an operating margin of +39.3% and return on equity of +9.4%.
Valuation Metrics
Growth & Margins
Financial Health
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Camden National Corp (CAC) Company Overview
About Camden National Corp
Provides banking and financial services in New England.
The company operates as a bank holding company, generating revenue primarily through interest on loans and fees from various banking and financial services offered to consumers, businesses, and institutions. It accepts a diverse range of deposits and offers numerous loan products, along with brokerage and insurance services, thereby creating multiple income streams.
Founded in 1875 and headquartered in Camden, Maine, Camden National Corporation serves customers in Maine, New Hampshire, and Massachusetts, positioning itself as a comprehensive financial services provider with a focus on community engagement and customer satisfaction.
Company Information
Sector
Financial Services
Industry
Banks - Regional
Employees
600
CEO
Mr. Simon R. Griffiths
Country
United States
IPO Year
1997
Website
www.camdennational.comCamden National Corp (CAC) Latest News & Analysis
Here's Why Camden National (CAC) Could be Great Choice for a Bottom Fisher
22 days agoCamden National (CAC) shows signs of support with a hammer chart pattern, while analysts are revising earnings estimates higher, suggesting potential for a near-term turnaround.
Camden National's hammer pattern signals a potential price reversal, while upward revisions in earnings estimates suggest improved financial outlook, boosting confidence in the stock's recovery.
Camden National Corporation (CAC) Q3 2024 Earnings Call Transcript
1 month agoCamden National Corporation (NASDAQ:CAC) will hold its Q3 2024 earnings conference call on October 29, 2024, at 3:00 PM ET, featuring key executives and analysts.
Camden National's Q3 2024 earnings call could reveal insights into its financial health and strategies, impacting stock performance and investor sentiment.
Camden National Corporation Reports Third Quarter 2024 Earnings of $13.1 Million and Diluted EPS of $0.90
1 month agoCamden National Corporation reported Q3 2024 earnings of $13.1 million, with EPS of $0.90, up 9% and 11% from Q2. The company is merging with Northway Financial, pending approvals.
Camden National's strong earnings growth and improved asset quality indicate financial health, while the pending merger could enhance its market position, potentially impacting stock performance positively.
Compared to Estimates, Camden National (CAC) Q3 Earnings: A Look at Key Metrics
1 month agoCamden National (CAC) reported its Q3 2024 performance. Investors should compare its key metrics to Wall Street estimates and year-ago figures for a comprehensive analysis.
Camden National's quarterly performance relative to estimates and prior year results can indicate growth trends, operational efficiency, and potential stock valuation adjustments.
Camden National (CAC) Q3 Earnings and Revenues Top Estimates
1 month agoCamden National (CAC) reported quarterly earnings of $0.94 per share, surpassing the Zacks Consensus Estimate of $0.83, but down from $0.96 per share a year earlier.
Camden National's earnings beat expectations, indicating strong performance despite a slight year-over-year decline. Positive earnings surprises can boost investor confidence and stock prices.
Earnings Preview: Camden National (CAC) Q3 Earnings Expected to Decline
1 month agoCamden National (CAC) may not meet earnings expectations in its upcoming report due to a lack of key performance indicators. Investors should be aware of this potential shortfall.
Camden National may struggle to meet earnings expectations, potentially affecting its stock price and investor confidence. Negative earnings surprises can lead to sell-offs.
Frequently Asked Questions About CAC Stock
What is Camden National Corp's (CAC) stock forecast for 2025?
Based on our analysis of 6 Wall Street analysts, Camden National Corp (CAC) has a median price target of $48.00. The highest price target is $53.00 and the lowest is $43.00.
Is CAC stock a good investment in 2025?
According to current analyst ratings, CAC has 0 Buy ratings, 4 Hold ratings, and 0 Sell ratings. The stock is currently trading at $45.94. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for CAC stock?
Wall Street analysts predict CAC stock could reach $48.00 in the next 12 months. This represents a 4.5% increase from the current price of $45.94. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Camden National Corp's business model?
The company operates as a bank holding company, generating revenue primarily through interest on loans and fees from various banking and financial services offered to consumers, businesses, and institutions. It accepts a diverse range of deposits and offers numerous loan products, along with brokerage and insurance services, thereby creating multiple income streams.
What is the highest forecasted price for CAC Camden National Corp?
The highest price target for CAC is $53.00 from at , which represents a 15.4% increase from the current price of $45.94.
What is the lowest forecasted price for CAC Camden National Corp?
The lowest price target for CAC is $43.00 from at , which represents a -6.4% decrease from the current price of $45.94.
What is the overall CAC consensus from analysts for Camden National Corp?
The overall analyst consensus for CAC is neutral. Out of 6 Wall Street analysts, 0 rate it as Buy, 4 as Hold, and 0 as Sell, with a median price target of $48.00.
How accurate are CAC stock price projections?
Stock price projections, including those for Camden National Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
