Cathay General Bancorp - CATY Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $43.33
  • Forecasted Upside: 9.15 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$39.70
▲ +0.26 (0.66%)

This chart shows the closing price for CATY by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Cathay General Bancorp Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for CATY and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for CATY

Analyst Price Target is $43.33
▲ +9.15% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Cathay General Bancorp in the last 3 months. The average price target is $43.33, with a high forecast of $44.00 and a low forecast of $43.00. The average price target represents a 9.15% upside from the last price of $39.70.

This chart shows the closing price for CATY for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 1 polled investment analysts is to hold stock in Cathay General Bancorp. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/6/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/5/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/3/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/1/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/1/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/30/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/29/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/28/2022

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/26/2022StephensLower Target$44.00Low
7/14/2022StephensInitiated CoverageEqual Weight$45.00Low
7/4/2022Piper SandlerLower Target$43.00N/A
6/15/2022Truist FinancialLower Target$46.00 ➝ $43.00Medium
8/30/2021Truist FinancialBoost TargetHold$40.00 ➝ $44.00Medium
7/28/2021DA DavidsonReiterated RatingNeutralHigh
3/16/2021Piper SandlerBoost TargetNeutral$37.00 ➝ $47.00Low
1/29/2021Truist FinancialBoost Target$33.00 ➝ $38.00Low
10/1/2020Piper SandlerLower TargetNeutral$27.00 ➝ $25.00Medium
6/3/2020Piper SandlerInitiated CoverageHold$28.00Medium
5/19/2020SunTrust BanksBoost TargetHold$24.00 ➝ $27.00High
10/17/2019WedbushLower TargetOutperform$40.00 ➝ $39.00High
7/8/2019Piper Jaffray CompaniesSet TargetBuy$44.00Low
7/20/2018Keefe, Bruyette & WoodsReiterated RatingHold$47.00Low
5/2/2018WedbushUpgradeNeutral ➝ Outperform$47.00 ➝ $49.00Medium
4/19/2018DA DavidsonLower TargetNeutral$43.50High
1/31/2018BMO Capital MarketsBoost TargetMarket Perform$51.00High
1/9/2018Piper Jaffray CompaniesReiterated RatingBuy$51.00N/A
1/4/2018Sandler O'NeillReiterated RatingHold$45.00Low
12/22/2017Keefe, Bruyette & WoodsReiterated RatingHold$44.00Low
12/20/2017BMO Capital MarketsReiterated RatingHold$46.00Low
11/30/2017BMO Capital MarketsDowngradeOutperform ➝ Market Perform$45.00High
11/3/2017BMO Capital MarketsBoost TargetOutperform$44.00 ➝ $45.00N/A
10/26/2017Royal Bank of CanadaBoost TargetOutperform$43.00 ➝ $45.00N/A
10/6/2017Piper Jaffray CompaniesReiterated RatingBuy$43.00N/A
10/5/2017BMO Capital MarketsReiterated RatingBuy$44.00N/A
(Data available from 9/29/2017 forward)

News Sentiment Rating

0.47 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 4 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/2/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/1/2022
  • 4 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/1/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/31/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
6/30/2022
  • 4 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/30/2022
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/29/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/28/2022

Current Sentiment

  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Very Positive

Cathay General Bancorp logo
Cathay General Bancorp operates as the holding company for Cathay Bank that offers various commercial banking products and services to individuals, professionals, and small to medium-sized businesses in the United States. The company offers various deposit products, including passbook accounts, checking accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and public funds deposits. It also provides loan products, such as commercial mortgage loans, commercial loans, small business administration loans, residential mortgage loans, real estate construction loans, and home equity lines of credit, as well as installment loans to individuals for household, and other consumer expenditures. In addition, the company offers trade financing, letter of credit, wire transfer, forward currency spot and forward contract, traveler's check, safe deposit, night deposit, social security payment deposit, collection, bank-by-mail, drive-up and walk-up window, automatic teller machine, Internet banking, investment, and other customary bank services, as well as securities and insurance products. As of March 1, 2022, it operated 31 branches in Southern California, 16 branches in Northern California, 10 branches in New York, four branches in Washington, two branches in Illinois, and two branches in Texas, as well as one branch each in Maryland, Massachusetts, Nevada, and New Jersey, and Hong Kong; and a representative office each in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.
Read More

Today's Range

Now: $39.70
Low: $39.25
High: $40.23

50 Day Range

MA: $42.21
Low: $39.44
High: $45.36

52 Week Range

Now: $39.70
Low: $37.37
High: $48.88

Volume

375,564 shs

Average Volume

304,353 shs

Market Capitalization

$2.96 billion

P/E Ratio

9.73

Dividend Yield

3.45%

Beta

1.14

Frequently Asked Questions

What sell-side analysts currently cover shares of Cathay General Bancorp?

The following sell-side analysts have issued reports on Cathay General Bancorp in the last year: Piper Sandler, Stephens, StockNews.com, and Truist Financial Co..
View the latest analyst ratings for CATY.

What is the current price target for Cathay General Bancorp?

3 Wall Street analysts have set twelve-month price targets for Cathay General Bancorp in the last year. Their average twelve-month price target is $43.33, suggesting a possible upside of 9.2%. Stephens has the highest price target set, predicting CATY will reach $44.00 in the next twelve months. Truist Financial Co. has the lowest price target set, forecasting a price of $43.00 for Cathay General Bancorp in the next year.
View the latest price targets for CATY.

What is the current consensus analyst rating for Cathay General Bancorp?

Cathay General Bancorp currently has 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CATY, but not buy more shares or sell existing shares.
View the latest ratings for CATY.

What other companies compete with Cathay General Bancorp?

How do I contact Cathay General Bancorp's investor relations team?

Cathay General Bancorp's physical mailing address is 777 N BROADWAY, LOS ANGELES CA, 90012. The bank's listed phone number is (213) 625-4700 and its investor relations email address is [email protected] The official website for Cathay General Bancorp is www.cathaybank.com. Learn More about contacing Cathay General Bancorp investor relations.