|Day Low/High||36.60 / 36.98|
|52 Wk Low/High||25.62 / 34.69|
In recent trading, shares of Cathay General Bancorp have crossed above the average analyst 12-month target price of $38.33, changing hands for $38.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
Here are Thursday's top research calls, including downgrades for CVS, Edwards Lifesciences and Qorvo, and an upgrade for Tesoro.
In a record year for acquisitions, 18 companies from across the spectrum were singled out by M&A professionals for doing deals that got results.
Here are 15 stocks that boast solid dividend yields and are growing earnings.
Check out these 15 stocks that boast solid dividend yields and are growing earnings.
The most recent short interest data has been released for the 06/30/2016 settlement date, which shows a 573,550 share decrease in total short interest for Cathay General Bancorp , to 2,826,298, a decrease of 16.87% since 06/15/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
While Japanese banks deal with negative interest rates, low interest rates in the U.S. are comparatively more attractive.
HQH CATY L are going ex-dividend tomorrow, Friday, February 26, 2016
Looking at the universe of stocks we cover at Dividend Channel, on 2/26/16, Cathay General Bancorp , Safety Insurance Group, Inc. , and Inland Real Estate Corp will all trade ex-dividend for their respective upcoming dividends.
The spurned bank could look to other Korean-American banks or mainstream banks for deals.
TAL CATY AVY are going ex-dividend Monday, Monday, November 30, 2015
Cathay Bank Uses its Deep Roots in International Banking to Support American Business Expansion in International Trade
Trade-Ideas LLC identified Cathay General Bancorp (CATY) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate