Head-To-Head Analysis: Camden National (CAC) versus Its Peers

Camden National (NASDAQ:CAC) is one of 919 publicly-traded companies in the “Banks” industry, but how does it contrast to its rivals? We will compare Camden National to similar businesses based on the strength of its analyst recommendations, institutional ownership, profitability, valuation, earnings, risk and dividends.

Volatility and Risk

Camden National has a beta of 0.58, suggesting that its share price is 42% less volatile than the S&P 500. Comparatively, Camden National’s rivals have a beta of 0.61, suggesting that their average share price is 39% less volatile than the S&P 500.

Profitability

This table compares Camden National and its rivals’ 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	15.65%	9.44%	0.93%

Insider & Institutional Ownership

77.4% of Camden National shares are owned by institutional investors. Comparatively, 47.9% of shares of all “Banks” companies are owned by institutional investors. 2.1% of Camden National shares are owned by insiders. Comparatively, 9.7% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Camden National and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Camden National	1	3	2	0	2.17
Camden National Competitors	7484	30229	27810	1478	2.35

Camden National currently has a consensus price target of $56.00, suggesting a potential downside of 5.17%. As a group, “Banks” companies have a potential upside of 14.79%. Given Camden National’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Camden National has less favorable growth aspects than its rivals.

Dividends

Camden National pays an annual dividend of $1.68 per share and has a dividend yield of 2.8%. 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 9.0% and pay out 28.9% of their earnings in the form of a dividend. Camden National lags its rivals as a dividend stock, given its lower dividend yield and higher payout ratio.

Earnings & Valuation

This table compares Camden National and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Camden National	$373.18 million	$65.16 million	11.12
Camden National Competitors	$222.42 billion	$2.42 billion	21.20

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

Summary

Camden National rivals beat Camden National on 11 of the 15 factors compared.

Camden National 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 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.