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

Analyst price target for CATY

Based on 4 analysts offering 12 month price targets for Cathay General Bancorp.
Min Forecast
$31.00-11.15%
Avg Forecast
$39.00+11.78%
Max Forecast
$44.00+26.11%

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
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 25%

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CATY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-04-23
lockedlocked$00.00+00.00%2024-04-01
lockedlocked$00.00+00.00%2023-11-06

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Forecast return on equity

Is CATY forecast to generate an efficient return?

Forecast return on assets

Is CATY forecast to generate an efficient return on assets?

CATY revenue forecast

What is CATY's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$761.6M-2.87%
Avg 2 year Forecast
$801.2M+2.19%
CATY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CATY revenue growth forecast

How is CATY forecast to perform vs Banks - Regional companies and vs the US market?
Company
-2.87%
Industry
5.7%
Market
13.38%
CATY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CATY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CATY vs Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
CATY$34.89$39.00+11.78%Hold
NYCB$3.18$5.32+67.33%Hold
IFS$21.92$32.00+45.99%Strong Buy
FULT$15.34$16.17+5.39%Hold
AUB$32.88$39.00+18.61%Buy

Cathay General Bancorp Stock Forecast FAQ

Is Cathay General Bancorp Stock a good buy in 2024, 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, 2 (50%) are recommending CATY as a Hold, 0 (0%) are recommending CATY as a Sell, and 1 (25%) 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 revenue growth forecast for 2024-2025?

(NASDAQ: CATY) Cathay General Bancorp's forecast annual revenue growth rate of -2.87% is not forecast to beat the US Banks - Regional industry's average forecast revenue growth rate of 5.7%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.38%.

Cathay General Bancorp's revenue in 2024 is $784,060,000.On average, 2 Wall Street analysts forecast CATY's revenue for 2024 to be $55,341,638,974, with the lowest CATY revenue forecast at $54,211,624,548, and the highest CATY revenue forecast at $56,471,653,400.

In 2025, CATY is forecast to generate $58,222,994,086 in revenue, with the lowest revenue forecast at $56,580,658,007 and the highest revenue forecast at $59,865,330,164.

What is CATY's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: CATY) forecast ROA is N/A, which is lower than the forecast US Banks - Regional industry average of 1.32%.

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 $39.00, with the highest CATY stock price forecast at $44.00 and the lowest CATY stock price forecast at $31.00.

On average, Wall Street analysts predict that Cathay General Bancorp's share price could reach $39.00 by Apr 23, 2025. The average Cathay General Bancorp stock price prediction forecasts a potential upside of 11.78% from the current CATY share price of $34.89.

What is CATY's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: CATY) forecast ROE is N/A, which is considered weak.
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