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Camden National Corporation

CACNASDAQ
Financial Services
Banks - Regional
$43.07
$-0.27(-0.62%)

Camden National Corporation (CAC) Stock Overview

Explore Camden National Corporation’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

A

Score: 80.7/100

Key Financials

Market Cap728M
P/E Ratio15.56
EPS (TTM)$3.14
ROE0.09%
Fundamental Analysis

AI Price Forecasts

1 Week$38.04
1 Month$40.22
3 Months$47.77
1 Year Target$52.11

CAC Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Camden National Corporation (CAC) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of A, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 71.89, suggesting the stock is in an overbought condition. Our forecasting models predict significant price movements, with a 12-month target of $52.11.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 15.56 and a market capitalization of 728M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Technical Indicators

71.89RSI (14)
0.71MACD
14.29ADX
Revenue Growth
54.81%
54.81%
Profit Growth
$2.76
22.18%
EPS Growth
$2.76
21.81%
Operating Margin
17.99%
356.90%
ROE
8.52%
22.18%
Dividend Yield
0.00%
0.02%

Analyst Recommendations

Strong Buy
0
Buy
1
Hold
0
Sell
0
Strong Sell
0

Price Targets

Low$41.00
Average$41.00
High$41.00

Company Profile

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. The company accepts checking, savings, time, and brokered deposits, as well as deposits with the certificate of deposit account registry system. It also offers non-owner-occupied commercial estate loans, owner-occupied commercial real estate loans, unsecured fully-guaranteed commercial loans backed by the U.S. small business administration, loans secured by one-to four-family properties, and consumer and home equity loans. In addition, the company 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. As of December 31, 2021, the company had 57 branches within Maine; one residential mortgage lending office in Braintree, Massachusetts; two locations in New Hampshire, including a branch in Portsmouth and a commercial loan production office in Manchester; and an online residential mortgage and small commercial digital loan platform, as well as 66 ATMs. Camden National Corporation was founded in 1875 and is headquartered in Camden, Maine.

CEO

Simon R. Griffiths

Employees

586

Headquarters

2 Elm Street, Camden, ME

Founded

1997

Frequently Asked Questions

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