Camden NationalNASDAQ: CAC

CAMDEN, Maine , July 5, 2024 /PRNewswire/ -- Camden National Corporation (NASDAQ: CAC) will report financial and operating results for the quarter ended June 30, 2024 on Tuesday, July 30, 2024. A conference call and webcast will be held at 3:00 p.m.

CAMDEN, Maine , June 25, 2024 /PRNewswire/ -- Simon R. Griffiths, President and Chief Executive Officer of Camden National Corporation (NASDAQ: CAC; the "Company"), announced today that the board of directors of the Company declared a quarterly dividend of $0.42 per share.

Camden National (CAC) reported quarterly earnings of $0.86 per share, exceeding the Zacks Consensus Estimate of $0.72 per share. This is slightly lower compared to earnings of $0.87 per share in the same quarter last year.

The key metrics for Camden National (CAC) in the quarter ending March 2024 provide insight into the company's performance, but it could be beneficial to compare them to Wall Street estimates and last year's results.

CAC, SF and IDCC made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 11, 2024.

Camden National's (CAC) earnings growth potential and revenue strength make it an attractive proposition. Here's why you should add it to your portfolio now.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Camden National (CAC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.