Camden National Bank (NASDAQ:CAC) is set to announce its earnings results before the market opens on Tuesday, April 24th. Analysts expect the company to announce earnings of $0.82 per share for the quarter.

Camden National Bank (NASDAQ:CAC) last issued its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.71 EPS for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.02. The firm had revenue of $39.50 million during the quarter. Camden National Bank had a return on equity of 10.54% and a net margin of 16.30%. On average, analysts expect Camden National Bank to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

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Shares of CAC opened at $44.47 on Tuesday. The firm has a market cap of $685.94, a P/E ratio of 16.29 and a beta of 0.76. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.17. Camden National Bank has a 12 month low of $37.10 and a 12 month high of $47.41.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Friday, April 13th will be paid a $0.25 dividend. The ex-dividend date is Thursday, April 12th. This represents a $1.00 annualized dividend and a dividend yield of 2.25%. Camden National Bank’s payout ratio is 36.63%.

In other news, CFO Deborah A. Jordan acquired 961 shares of the business’s stock in a transaction dated Thursday, March 15th. The stock was acquired at an average price of $30.15 per share, for a total transaction of $28,974.15. Following the completion of the acquisition, the chief financial officer now directly owns 51,702 shares in the company, valued at approximately $1,558,815.30. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Gregory A. Dufour acquired 1,810 shares of the business’s stock in a transaction dated Thursday, March 15th. The stock was purchased at an average price of $30.15 per share, with a total value of $54,571.50. Following the acquisition, the chief executive officer now owns 85,725 shares of the company’s stock, valued at $2,584,608.75. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 3,308 shares of company stock valued at $99,736. Insiders own 2.02% of the company’s stock.

CAC has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $48.00 price target on shares of Camden National Bank in a research note on Friday, December 22nd. ValuEngine cut Camden National Bank from a “buy” rating to a “hold” rating in a research note on Thursday, February 8th. BidaskClub raised Camden National Bank from a “sell” rating to a “hold” rating in a research note on Sunday, February 11th. Finally, Piper Jaffray increased their price target on Camden National Bank from $50.50 to $51.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd.

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About Camden National Bank

Camden National Corporation operates as the holding company for Camden National Bank that provides commercial and consumer banking products and services to consumer, institutional, municipal, non-profit, and commercial customers. It offers various deposit products, including demand, checking, saving, and money market accounts; and time deposits.

Earnings History for Camden National Bank (NASDAQ:CAC)

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