News headlines about Camden National Corporation (NASDAQ:CAC) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Camden National Corporation earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 46.8629786062188 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Accern’s rankings:
- Camden National Corp. (Maine) – Value Analysis (NASDAQ:CAC) : August 1, 2017 (finance.yahoo.com)
- Camden National Corporation (NASDAQ:CAC) Sees Significant Decline in Short Interest (americanbankingnews.com)
- Edited Transcript of CAC earnings conference call or presentation 25-Jul-17 7:30pm GMT (finance.yahoo.com)
- Camden National Corporation (CAC) Announces Quarterly Earnings Results (americanbankingnews.com)
- Camden National’s (CAC) CEO Greg Dufour on Q2 2017 Results - Earnings Call Transcript (seekingalpha.com)
Separately, Keefe, Bruyette & Woods restated a “buy” rating and issued a $48.00 target price on shares of Camden National Corporation in a research note on Friday, June 2nd.
Shares of Camden National Corporation (NASDAQ CAC) traded down 1.05% during trading on Tuesday, reaching $41.56. The company’s stock had a trading volume of 36,802 shares. The company has a 50 day moving average of $42.36 and a 200 day moving average of $42.27. The company has a market cap of $644.72 million, a PE ratio of 15.68 and a beta of 0.78. Camden National Corporation has a 12-month low of $28.40 and a 12-month high of $45.43.
Camden National Corporation (NASDAQ:CAC) last announced its quarterly earnings data on Tuesday, July 25th. The financial services provider reported $0.66 EPS for the quarter, missing the Thomson Reuters’ 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 business had revenue of $38.51 million during the quarter. On average, analysts anticipate 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 payout ratio is 34.07%.
In other news, EVP June B. Parent sold 1,000 shares of the business’s stock in a transaction dated Thursday, May 18th. The stock was sold at an average price of $40.76, for a total value of $40,760.00. Following the transaction, the executive vice president now directly owns 26,990 shares in the company, valued at $1,100,112.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.34% of the stock is owned by insiders.
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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