|Bid||34.78 x 800|
|Ask||40.00 x 1400|
|Day's Range||36.17 - 36.84|
|52 Week Range||31.94 - 44.05|
|Beta (3Y Monthly)||1.56|
|PE Ratio (TTM)||10.70|
|Earnings Date||Jul 16, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||1.24 (3.37%)|
|1y Target Est||40.43|
LOS ANGELES , May 16, 2019 /PRNewswire/ -- Cathay General Bancorp (Nasdaq: CATY) announced today that its Board of Directors declared a cash dividend of thirty-one cents per common share, payable on June ...
LOS ANGELES, May 7, 2019 /PRNewswire/ -- Cathay General Bancorp (the "Company", NASDAQ: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $50,000,000 of the Company's common stock. The timing, price and volume of the share repurchases will be determined by the Company's management based on its evaluation of market conditions, relevant securities laws and other factors. Repurchases may also be made under a Rule 10b5-1 plan, which if adopted would allow stock repurchases when the Company might otherwise be precluded from doing so under insider trading laws. The share repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate.
Cathay General Bancorp NASDAQ/NGS:CATYView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for CATY with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $885 million over the last one-month into ETFs that hold CATY are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
With the fourth-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the first quarter. One of these stocks was Cathay General Bancorp (NASDAQ:CATY). Cathay General Bancorp (NASDAQ:CATY) has seen […]
In its first quarter report for 2019, the Cathay Bank/UCLA Anderson Forecast U.S.-China Economic Report notes that trade negotiations between the U.S. and China are making progress, which may mean that an agreement between the two countries is under way. As mentioned in previous reports, “The world is in a new era of strategic competition between the U.S. and China, particularly in the fields of science and technology,” says William Yu, UCLA Anderson Forecast economist. Amid ongoing discussions, all of the U.S. trading partners have had an increase in U.S. exports, with the exception of China and Hong Kong.
Cathay (CATY) delivered earnings and revenue surprises of 2.47% and 2.05%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Los Angeles-based bank said it had earnings of 83 cents per share. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings ...
LOS ANGELES , April 17, 2019 /PRNewswire/ -- Cathay General Bancorp (the "Company", "we", "us", or "our" NASDAQ: CATY), the holding company for Cathay Bank, today ...
NEW YORK, NY / ACCESSWIRE / April 17, 2019 / Cathay General Bancorp (NASDAQ: CATY ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 17, 2019 at 6:00 PM ...
LOS ANGELES , April 5, 2019 /PRNewswire/ -- Cathay General Bancorp (NASDAQ: CATY), the holding company for Cathay Bank, is scheduled to announce its first quarter 2019 financial results after the markets ...
Cathay General Bancorp is a holding company for Cathay Bank, which offers various financial services for individuals, professionals, and small to medium-sized businesses in California. The dividend yield of Cathay General Bancorp stocks is 2.89%. Warning! GuruFocus has detected 2 Warning Signs with CATY.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! We've lost count of how many times insiders have accumulatedRead More...
LOS ANGELES, Jan. 26, 2019 /PRNewswire/ -- Cathay Bank announced on January 25 that its holding company, Cathay General Bancorp (CATY), is ranked #10 on Forbes' "America's Best Banks 2019" list, rising two spots from last year. "We are delighted to achieve the top 10 of this prestigious Forbes list.
LOS ANGELES, Jan. 25, 2019 /PRNewswire/ -- Cathay Bank announced today that its holding company, Cathay General Bancorp (CATY), is ranked #10 on Forbes' "America's Best Banks 2019" list, rising two spots from last year. "We are delighted to achieve the top 10 of this prestigious Forbes list.
Improving credit quality as a result of post-GFC recovery has led to a strong environment for growth in the banking sector. Cathay General Bancorp (NASDAQ:CATY) is a small-cap bank with Read More...
LOS ANGELES, Jan. 23, 2019 /PRNewswire/ -- Cathay Bank today announced the release of the 2019 Cathay Bank | UCLA Anderson Forecast U.S.-China Economic Report. This is the second year of the collaboration, which provides insights on the U.S. and China economies as well as Forecast speakers headlining bank-presented economic outlook events, to enhance its ability to provide useful economic information to customers. "Our first year of working with UCLA Anderson Forecast was extremely successful.