Contrasting Camden National (CAC) and Its Rivals

Camden National (NASDAQ: CAC) is one of 310 publicly-traded companies in the “Banks” industry, but how does it compare to its peers? We will compare Camden National to similar businesses based on the strength of its risk, institutional ownership, profitability, dividends, earnings, analyst recommendations and valuation.

Institutional & Insider Ownership

63.4% of Camden National shares are held by institutional investors. Comparatively, 52.0% of shares of all “Banks” companies are held by institutional investors. 2.3% of Camden National shares are held by company insiders. Comparatively, 10.4% of shares of all “Banks” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Risk and Volatility

Camden National has a beta of 0.8, indicating that its stock price is 20% less volatile than the S&P 500. Comparatively, Camden National’s peers have a beta of 0.79, indicating that their average stock price is 21% less volatile than the S&P 500.

Valuation & Earnings

This table compares Camden National and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Camden National $169.25 million $40.06 million 16.00
Camden National Competitors $5.50 billion $827.87 million 377.84

Camden National’s peers have higher revenue and earnings than Camden National. Camden National is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a summary of current ratings and recommmendations for Camden National and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Camden National 0 1 0 0 2.00
Camden National Competitors 2265 8674 8611 359 2.35

Camden National currently has a consensus price target of $48.00, suggesting a potential upside of 10.29%. As a group, “Banks” companies have a potential downside of 10.03%. Given Camden National’s higher probable upside, analysts clearly believe Camden National is more favorable than its peers.

Profitability

This table compares Camden National and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Camden National 24.70% 10.56% 1.07%
Camden National Competitors 18.70% 8.20% 0.93%

Dividends

Camden National pays an annual dividend of $0.92 per share and has a dividend yield of 2.1%. Camden National pays out 33.8% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 1.9% and pay out 35.0% of their earnings in the form of a dividend. Camden National is clearly a better dividend stock than its peers, given its higher yield and lower payout ratio.

Summary

Camden National beats its peers on 8 of the 15 factors compared.

Camden National 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. The Company, through the Bank, offers commercial and consumer banking products and services, and through Camden Financial Consultants and Camden National Wealth Management, divisions of the Bank, brokerage and insurance services, as well as investment management and fiduciary services. The Bank is a national banking association. The Company had 61 banking centers, 84 automated teller machines and three lending offices as of December 31, 2016. The Company operates and manages the Bank’s business within Maine’s various regions, including Mid Coast, Southern, Central, Bangor and Downeast. Healthcare Professional Funding Corporation is a subsidiary of the Bank.

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