Camden National (NASDAQ: CAC) is one of 315 public companies in the “Banks” industry, but how does it contrast to its peers? We will compare Camden National to similar businesses based on the strength of its earnings, dividends, analyst recommendations, valuation, risk, institutional ownership and profitability.
Volatility & Risk
Camden National has a beta of 0.8, meaning that its stock price is 20% less volatile than the S&P 500. Comparatively, Camden National’s peers have a beta of 0.76, meaning that their average stock price is 24% less volatile than the S&P 500.
Camden National pays an annual dividend of $1.00 per share and has a dividend yield of 2.3%. Camden National pays out 54.9% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 2.0% and pay out 37.8% of their earnings in the form of a dividend.
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 Competitors||17.44%||8.42%||0.95%|
Earnings & Valuation
This table compares Camden National and its peers top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Camden National||$174.70 million||$28.48 million||23.49|
|Camden National Competitors||$5.59 billion||$764.07 million||388.85|
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.
Institutional & Insider Ownership
63.5% of Camden National shares are owned by institutional investors. Comparatively, 51.9% of shares of all “Banks” companies are owned by institutional investors. 2.3% of Camden National shares are owned by insiders. Comparatively, 10.4% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
This is a summary of current ratings and price targets for Camden National and its peers, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Camden National Competitors||2520||9119||9042||380||2.35|
Camden National currently has a consensus target price of $49.50, indicating a potential upside of 15.76%. As a group, “Banks” companies have a potential downside of 0.43%. Given Camden National’s stronger consensus rating and higher probable upside, equities analysts plainly believe Camden National is more favorable than its peers.
Camden National beats its peers on 8 of the 15 factors compared.
About Camden National
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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