Camden National Corporation (NASDAQ:CAC) Receives Daily News Sentiment Score of 0.14
News stories about Camden National Corporation (NASDAQ:CAC) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Camden National Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 84 out of 100, meaning that recent media coverage is very likely to have an impact on the stock’s share price in the next several days.
Separately, Keefe, Bruyette & Woods restated a “buy” rating and set a $48.00 target price on shares of Camden National Corporation in a research report on Friday, June 2nd.
Shares of Camden National Corporation (NASDAQ CAC) traded up 0.92% during mid-day trading on Thursday, reaching $41.57. 46,108 shares of the company traded hands. Camden National Corporation has a 52 week low of $28.40 and a 52 week high of $45.43. The stock’s 50-day moving average is $42.32 and its 200-day moving average is $42.26. The company has a market capitalization of $644.88 million, a P/E ratio of 15.69 and a beta of 0.78.
Camden National Corporation (NASDAQ:CAC) last announced its quarterly earnings results on Tuesday, July 25th. The financial services provider reported $0.66 EPS for the quarter, missing the consensus estimate of $0.67 by $0.01. Camden National Corporation had a net margin of 24.65% and a return on equity of 10.68%. The company had revenue of $38.51 million for the quarter. On average, equities analysts predict that Camden National Corporation will post $2.68 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Monday, July 17th were given a $0.23 dividend. The ex-dividend date of this dividend was Thursday, July 13th. This represents a $0.92 annualized dividend and a dividend yield of 2.21%. Camden National Corporation’s dividend payout ratio is 34.07%.
In related news, EVP June B. Parent sold 1,000 shares of the firm’s stock in a transaction on Thursday, May 18th. The stock was sold at an average price of $40.76, for a total value of $40,760.00. Following the completion of the transaction, the executive vice president now directly owns 26,990 shares of the company’s stock, valued at $1,100,112.40. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.34% of the stock is owned by company insiders.
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Camden National Corporation Company Profile
Camden National Corporation is a bank holding company. The Company is a diversified financial services provider. The primary business of the Company and its subsidiary, Camden National Bank (the Bank), is to attract deposits from, and to extend loans to, consumer, institutional, municipal, non-profit and commercial customers.
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