Camden National (NASDAQ:CAC) Hits New 1-Year High Following Better-Than-Expected Earnings

Camden National Corporation (NASDAQ:CACGet Free Report)’s share price hit a new 52-week high during trading on Tuesday after the company announced better than expected quarterly earnings. The stock traded as high as $48.40 and last traded at $47.8610, with a volume of 8256 shares. The stock had previously closed at $47.19.

The financial services provider reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.01. The business had revenue of $68.05 million for the quarter, compared to analyst estimates of $66.40 million. Camden National had a return on equity of 11.39% and a net margin of 17.46%.

Camden National Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be paid a dividend of $0.42 per share. The ex-dividend date is Thursday, January 15th. This represents a $1.68 annualized dividend and a yield of 3.7%. Camden National’s payout ratio is presently 47.86%.

Trending Headlines about Camden National

Here are the key news stories impacting Camden National this week:

  • Positive Sentiment: Q4 results modestly beat expectations: GAAP diluted EPS $1.33 vs. $1.32 consensus and revenue $68.05M vs. ~$66.4M; company reported record Q4 net income of $22.6M. This confirms profitability and margin strength. PR Newswire: Camden National Announces Another Record
  • Positive Sentiment: Keefe, Bruyette & Woods raised its price target from $45 to $47, signaling modest upside potential while keeping a “market perform” rating — supportive but not a strong bull signal. Benzinga
  • Neutral Sentiment: Management guided to low- to mid-single-digit deposit growth for 2026 and emphasized expanding digital engagement — a steady, conservative topline outlook that supports stable growth but may disappoint investors seeking faster expansion. Seeking Alpha: Deposit Growth Guidance
  • Neutral Sentiment: Analyst and media coverage (Zacks, Yahoo Finance, Seeking Alpha transcripts/highlights) largely confirm the beat and provide call highlights; coverage is informational but not materially bullish. Yahoo Finance: CAC Exceeds Q4 Expectations
  • Negative Sentiment: Despite the beat, the beat was very slight (+$0.01 EPS) and KBW maintained only a market perform rating; that limited upside combined with conservative guidance likely prompted profit-taking and selling pressure.
  • Negative Sentiment: Short-interest data reported for January appears inconsistent (entries showing an increase but with 0 shares / NaN), which can create data-driven volatility or algorithmic noise and may have contributed to today’s heavier volume and downward price pressure.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. National Bankshares set a $47.00 price objective on shares of Camden National in a research report on Wednesday. Keefe, Bruyette & Woods increased their price target on Camden National from $45.00 to $47.00 and gave the stock a “market perform” rating in a research report on Wednesday. Janney Montgomery Scott upgraded Camden National to a “hold” rating in a research report on Wednesday, October 22nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Camden National in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $46.00.

Check Out Our Latest Report on Camden National

Institutional Trading of Camden National

Several hedge funds have recently added to or reduced their stakes in CAC. Arizona State Retirement System bought a new position in shares of Camden National in the fourth quarter worth $205,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in Camden National by 4.6% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 46,972 shares of the financial services provider’s stock worth $2,038,000 after purchasing an additional 2,086 shares during the period. J.M. Arbour LLC acquired a new stake in Camden National in the fourth quarter worth about $250,000. CWM LLC grew its position in Camden National by 44.0% in the 4th quarter. CWM LLC now owns 4,523 shares of the financial services provider’s stock valued at $196,000 after buying an additional 1,382 shares in the last quarter. Finally, Founders Capital Management LLC increased its stake in Camden National by 39.7% during the 4th quarter. Founders Capital Management LLC now owns 12,988 shares of the financial services provider’s stock valued at $563,000 after buying an additional 3,688 shares during the period. Institutional investors own 77.41% of the company’s stock.

Camden National Price Performance

The business’s 50-day simple moving average is $44.02 and its 200 day simple moving average is $40.84. The company has a market capitalization of $772.74 million, a P/E ratio of 13.01 and a beta of 0.65. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.09.

Camden National Company Profile

(Get Free Report)

Camden National Corporation is a bank holding company headquartered in Camden, Maine. Through its primary subsidiary, Camden National Bank, the company provides a full range of community banking services to individuals and businesses. Its branch network spans much of the State of Maine, with a concentration in the midcoast, central and southern regions.

The company’s offerings include deposit products such as checking, savings and money market accounts, along with consumer and commercial lending services.

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