NASDAQ:CATY - Cathay General Bancorp Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $42.50
  • Forecasted Upside: 6.30 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$39.98
▲ +1.67 (4.36%)

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 $42.50
▲ +6.30% 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 $42.50, with a high forecast of $47.00 and a low forecast of $38.00. The average price target represents a 6.30% upside from the last price of $39.98.

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 rating has held steady since June 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/29/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/26/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/23/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/22/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/21/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/16/2021Piper SandlerBoost Price TargetNeutral$37.00 ➝ $47.00Low
1/29/2021TruistBoost Price Target$33.00 ➝ $38.00Low
10/1/2020Piper SandlerLower Price TargetNeutral$27.00 ➝ $25.00Medium
6/3/2020Piper SandlerInitiated CoverageHold$28.00Medium
5/19/2020SunTrust BanksBoost Price TargetHold$24.00 ➝ $27.00High
10/17/2019WedbushLower Price TargetOutperform$40.00 ➝ $39.00High
7/8/2019Piper Jaffray CompaniesSet Price TargetBuy$44.00Low
7/20/2018Keefe, Bruyette & WoodsReiterated RatingHold$47.00Low
5/2/2018WedbushUpgradeNeutral ➝ Outperform$47.00 ➝ $49.00Medium
4/19/2018DA DavidsonLower Price TargetNeutral$43.50High
1/31/2018BMO Capital MarketsBoost Price 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 Price TargetOutperform$44.00 ➝ $45.00N/A
10/26/2017Royal Bank of CanadaBoost Price TargetOutperform$43.00 ➝ $45.00N/A
10/6/2017Piper Jaffray CompaniesReiterated RatingBuy$43.00N/A
10/5/2017BMO Capital MarketsReiterated RatingBuy$44.00N/A
9/1/2017Piper Jaffray CompaniesReiterated RatingBuy$43.00Low
8/18/2017SunTrust BanksInitiated CoverageHold$39.00Low
7/25/2017Keefe, Bruyette & WoodsReiterated RatingHold$37.00Low
7/20/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$35.00 ➝ $43.00High
7/12/2017Piper Jaffray CompaniesReiterated RatingBuy$42.00Low
6/27/2017WedbushReiterated RatingNeutral$39.00Low
5/22/2017Keefe, Bruyette & WoodsSet Price TargetHold$37.00Low
4/17/2017Piper Jaffray CompaniesLower Price TargetOverweight$43.00 ➝ $42.00Medium
4/3/2017Keefe, Bruyette & WoodsSet Price TargetHold$36.00Low
2/2/2017Piper Jaffray CompaniesUpgradeNeutral ➝ Overweight$43.00N/A
7/11/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$31.00 ➝ $32.00N/A
7/6/2016BMO Capital MarketsReiterated RatingOutperform$33.00 ➝ $32.00N/A
(Data available from 6/21/2016 forward)
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 automobile, 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 January 27, 2021, it operated 38 branches in California; 10 branches in New York; three branches in Illinois; four branches in Washington; two branches in Texas; and one each branch in Maryland, Massachusetts, Nevada, New Jersey, and Hong Kong, as well as a representative office in Beijing, Taipei, and Shanghai. The company was founded in 1962 and is headquartered in Los Angeles, California.
Read More

Today's Range

Now: $39.98
Low: $39.03
High: $40.19

50 Day Range

MA: $41.35
Low: $38.31
High: $43.04

52 Week Range

Now: $39.98
Low: $20.59
High: $45.19

Volume

30,372 shs

Average Volume

363,946 shs

Market Capitalization

$3.19 billion

P/E Ratio

12.49

Dividend Yield

3.24%

Beta

1.52

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, TheStreet, Truist, and Zacks Investment Research.
View the latest analyst ratings for CATY.

What is the current price target for Cathay General Bancorp?

2 Wall Street analysts have set twelve-month price targets for Cathay General Bancorp in the last year. Their average twelve-month price target is $42.50, suggesting a possible upside of 10.9%. Piper Sandler has the highest price target set, predicting CATY will reach $47.00 in the next twelve months. Truist has the lowest price target set, forecasting a price of $38.00 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.