WallStreetZenWallStreetZen

NASDAQ: CATY
Cathay General Bancorp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CATY

Based on 4 analysts offering 12 month price targets for Cathay General Bancorp.
Min Forecast
$34.00-1.51%
Avg Forecast
$39.75+15.15%
Max Forecast
$45.00+30.36%

Should I buy or sell CATY stock?

Based on 4 analysts offering ratings for Cathay General Bancorp.
Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 25%
Hold
3 analysts 75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CATY stock forecasts and price targets.

CATY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wedbush
Bottom 8%
8
BuyMaintains$45.00+30.36%2023-07-25
DA Davidson
Top 12%
89
HoldMaintains$41.00+18.77%2023-07-25
Keefe, Bruyette & Woods
Top 26%
75
HoldMaintains$39.00+12.98%2023-07-25
Truist Securities
Bottom 12%
12
HoldMaintains$34.00-1.51%2023-06-29

1 of 1

Forecast return on equity

Is CATY forecast to generate an efficient return?
Company
14.3%
Industry
255.61%
Market
33.91%
CATY's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CATY forecast to generate an efficient return on assets?
Company
1.62%
Industry
20.89%
CATY is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CATY vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
CATY$34.52$39.75+15.15%Hold
ASB$16.94$22.17+30.86%Buy
ABCB$37.24$47.25+26.88%Strong Buy
FIBK$24.71$33.75+36.58%Strong Buy
FBP$13.35$12.50-6.37%Hold
View Top Bank Stocks

Cathay General Bancorp Stock Forecast FAQ

Is Cathay General Bancorp Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: CATY) stock is to Hold CATY stock.

Out of 4 analysts, 0 (0%) are recommending CATY as a Strong Buy, 1 (25%) are recommending CATY as a Buy, 3 (75%) are recommending CATY as a Hold, 0 (0%) are recommending CATY as a Sell, and 0 (0%) are recommending CATY as a Strong Sell.

If you're new to stock investing, here's how to buy Cathay General Bancorp stock.

What is CATY's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: CATY) forecast ROE is 14.3%, which is considered weak.

What is CATY's Price Target?

According to 4 Wall Street analysts that have issued a 1 year CATY price target, the average CATY price target is $39.75, with the highest CATY stock price forecast at $45.00 and the lowest CATY stock price forecast at $34.00.

On average, Wall Street analysts predict that Cathay General Bancorp's share price could reach $39.75 by Jul 25, 2024. The average Cathay General Bancorp stock price prediction forecasts a potential upside of 15.15% from the current CATY share price of $34.52.

What is CATY's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: CATY) forecast ROA is 1.62%, which is lower than the forecast US Banks - Regional industry average of 20.89%.
©2023 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.