Head to Head Review: Camden National (CAC) versus Its Rivals

Camden National (NASDAQ:CAC) is one of 920 publicly-traded companies in the “Banks” industry, but how does it contrast to its competitors? We will compare Camden National to related businesses based on the strength of its valuation, analyst recommendations, earnings, dividends, profitability, risk and institutional ownership.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Camden National	24.16%	12.71%	1.30%
Camden National Competitors	15.63%	9.45%	0.93%

Institutional and Insider Ownership

77.4% of Camden National shares are held by institutional investors. Comparatively, 47.7% of shares of all “Banks” companies are held by institutional investors. 2.1% of Camden National shares are held by company insiders. Comparatively, 9.8% of shares of all “Banks” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Dividends

Camden National pays an annual dividend of $1.68 per share and has a dividend yield of 2.9%. Camden National pays out 31.6% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 9.5% and pay out 28.9% of their earnings in the form of a dividend. Camden National lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Earnings and Valuation

This table compares Camden National and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Camden National	$261.73 million	$65.16 million	10.80
Camden National Competitors	$37.86 billion	$2.41 billion	16.68

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

Volatility & Risk

Camden National has a beta of 0.57, indicating that its share price is 43% less volatile than the S&P 500. Comparatively, Camden National’s competitors have a beta of 0.61, indicating that their average share price is 39% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations and price targets for Camden National and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Camden National	0	3	2	0	2.40
Camden National Competitors	7458	30163	27714	1451	2.35

Camden National currently has a consensus target price of $56.00, suggesting a potential downside of 2.34%. As a group, “Banks” companies have a potential upside of 17.53%. Given Camden National’s competitors higher probable upside, analysts plainly believe Camden National has less favorable growth aspects than its competitors.

Summary

Camden National competitors beat Camden National on 10 of the 15 factors compared.

About Camden National

Camden National Corporation operates as the bank holding company for Camden National Bank that provides various commercial and consumer banking products and services for consumer, institutional, municipal, non-profit, and commercial customers in Maine, New Hampshire, and Massachusetts. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. Its loan products include non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. The company also provides brokerage and insurance services through its financial offerings consisting of college, retirement, estate planning, mutual funds, strategic asset management accounts, and variable and fixed annuities. Further, it offers a range of fiduciary and asset management, wealth management, investment management, financial planning, and trustee services. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.