After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.
Stocks Info
As a NASDAQ listed company, CATY falls under the Financial sector while operating within the Banks – Regional industry segment. The current market capitalization of Cathay General Bancorp is $3.44B. A total of 0.23 million shares were traded on the day, compared to an average of 327.34K shares.
In the most recent transaction, TANG ANTHONY M sold 2,500 shares of CATY for 51.52 per share on Dec 10 ’24. After the transaction, the Vice Chairman now owns 191,292 company shares. In a previous transaction on Dec 09 ’24, TANG ANTHONY M sold 2,500 shares at 51.04 per share. CATY shares that Vice Chairman owns now total 193,792.
Among the insiders who sold shares, TANG ANTHONY M disposed of 3,000 shares on Nov 06 ’24 at a per-share price of $52.27. This resulted in the Vice Chairman holding 196,292 shares of CATY after the transaction. In another insider transaction, WU PETER sold 40,000 shares at $52.87 per share on Nov 06 ’24. Company shares held by the Vice Chairman now total 295,252.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Cathay General Bancorp pays an annual dividend of $1.36, resulting in a dividend yield of 2.81%, and it has a price to earnings (P/E) ratio of 12.19. CATY’s most recent ex-dividend date was 2.63% when it declared a $0.34 quarterly dividend that was paid in cash on 11/27/2024. Previously, the company paid the dividend on 8/29/2024 with an ex-dividend date of 3.18%. The CATY stock dividend was $0.34 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CATY has a high of $55.29 and a low of $33.88.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $39.66, while its Total Shareholder’s Equity was $2.45B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CATY is Buy with a score of 3.40.
