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S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners
S&P 500   4,554.89
DOW   35,416.98
QQQ   390.19
Alibaba is down more than 10% since earnings, now what?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
5 stocks for the Christmas wishlist: Hoping for a pullback
Teva Pharma is the way to play the re-rise of generic drugs
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Lemonade nears breakout, short interest surges, analysts bearish
ULTA stock is setting up to swing for the fences
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Li Auto smashes estimates proving EVs can be profitable
Get ready for Christmas shopping-sprees with these 2 winners

Cadence Bank Stock Price, News & Analysis (NYSE:CADE)

$24.49
+0.09 (+0.37%)
(As of 11/28/2023 ET)
Compare
Today's Range
$24.17
$24.65
50-Day Range
$19.68
$25.03
52-Week Range
$16.95
$29.17
Volume
1.14 million shs
Average Volume
1.48 million shs
Market Capitalization
$4.47 billion
P/E Ratio
12.12
Dividend Yield
3.84%
Price Target
$25.00

Cadence Bank MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
2.1% Upside
$25.00 Price Target
Short Interest
Healthy
4.27% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
4.98%
From $2.41 to $2.53 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Finance Sector

650th out of 860 stocks

State Commercial Banks Industry

153rd out of 183 stocks


CADE stock logo

About Cadence Bank Stock (NYSE:CADE)

Cadence Bank provides commercial banking and financial services. Its products and services include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized and asset-based lending, commercial real estate, equipment financing, and correspondent banking services. The company's products and services also comprise small business administration lending, foreign exchange, wealth management, investment and trust, financial planning, retirement plan management, and personal and business insurance services. It operates in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Missouri, Tennessee, Texas, Illinois, and Oklahoma, the United States. Cadence Bank was incorporated in 1876 and is headquartered in Tupelo, Mississippi.

CADE Stock Price History

CADE Stock News Headlines

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Insider Stock Buying Reaches US$592.8k On Cadence Bank
Q3 2023 Arthur J. Gallagher & Co. Earnings Call
Cadence Bank declares $0.235 dividend
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Cadence Bank (NYSE:CADE) Q3 2023 Earnings Call Transcript
Q3 2023 Cadence Bank Earnings Call
Cadence 3Q Net Drops on Lower Loan Volumes
CADE - Cadence Bank
See More Headlines
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Company Calendar

Ex-Dividend for 10/2 Dividend
9/14/2023
Dividend Payable
10/02/2023
Last Earnings
10/23/2023
Today
11/29/2023
Ex-Dividend for 1/2 Dividend
12/14/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/02/2024
Next Earnings (Estimated)
1/29/2024

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Employees
6,572
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$25.00
High Stock Price Target
$28.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$463.24 million
Pretax Margin
18.87%

Debt

Sales & Book Value

Annual Sales
$921.95 million
Cash Flow
$7.38 per share
Book Value
$38.16 per share

Miscellaneous

Free Float
177,861,000
Market Cap
$4.47 billion
Optionable
Optionable
Beta
1.00
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Key Executives

  • Mr. James D. Rollins III (Age 64)
    Chairman & CEO
    Comp: $3.13M
  • Mr. Christopher A. Bagley (Age 62)
    President
    Comp: $1.89M
  • Ms. Valerie C. Toalson (Age 57)
    Senior EVP & CFO
    Comp: $1.4M
  • Mr. Rudolph H. Holmes IV (Age 52)
    Senior EVP & Chief Banking Officer
    Comp: $1.53M
  • Mr. Jeffrey William Jaggers (Age 60)
    COO & Senior EVP
    Comp: $710.61k
  • Mr. Will Fisackerly
    Executive VP & Director of Corporate Finance
  • Ms. Cathy S. Freeman (Age 57)
    Senior EVP, Chief Administrative Officer & Secretary
    Comp: $509.42k
  • Ms. Shanna R. Kuzdzal (Age 44)
    Chief Legal Officer
  • Morgan Files
    Head of Corporate Communications
  • Mr. Sam Jones
    Market President














CADE Stock Analysis - Frequently Asked Questions

Should I buy or sell Cadence Bank stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last year. There are currently 1 sell rating, 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CADE shares.
View CADE analyst ratings
or view top-rated stocks.

What is Cadence Bank's stock price target for 2024?

8 Wall Street analysts have issued 12-month price objectives for Cadence Bank's stock. Their CADE share price targets range from $21.00 to $28.00. On average, they predict the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 2.1% from the stock's current price.
View analysts price targets for CADE
or view top-rated stocks among Wall Street analysts.

How have CADE shares performed in 2023?

Cadence Bank's stock was trading at $24.66 at the beginning of the year. Since then, CADE shares have decreased by 0.7% and is now trading at $24.49.
View the best growth stocks for 2023 here
.

Are investors shorting Cadence Bank?

Cadence Bank saw a decline in short interest in October. As of October 15th, there was short interest totaling 7,860,000 shares, a decline of 8.8% from the September 30th total of 8,620,000 shares. Based on an average daily volume of 1,430,000 shares, the short-interest ratio is currently 5.5 days.
View Cadence Bank's Short Interest
.

When is Cadence Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024.
View our CADE earnings forecast
.

How were Cadence Bank's earnings last quarter?

Cadence Bank (NYSE:CADE) released its quarterly earnings data on Monday, October, 23rd. The company reported $0.56 EPS for the quarter, meeting analysts' consensus estimates of $0.56. The business earned $448.02 million during the quarter, compared to analyst estimates of $460.81 million. Cadence Bank had a trailing twelve-month return on equity of 11.68% and a net margin of 14.61%.

How often does Cadence Bank pay dividends? What is the dividend yield for Cadence Bank?

Cadence Bank declared a quarterly dividend on Wednesday, October 25th. Shareholders of record on Friday, December 15th will be given a dividend of $0.235 per share on Tuesday, January 2nd. This represents a $0.94 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Thursday, December 14th.
Read our dividend analysis for CADE
.

Is Cadence Bank a good dividend stock?

Cadence Bank (NYSE:CADE) pays an annual dividend of $0.94 per share and currently has a dividend yield of 3.83%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 46.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CADE will have a dividend payout ratio of 37.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CADE.

What is Sam Tortorici's approval rating as Cadence Bank's CEO?

28 employees have rated Cadence Bank Chief Executive Officer Sam Tortorici on Glassdoor.com. Sam Tortorici has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Cadence Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cadence Bank investors own include Advanced Micro Devices (AMD), Bank of America (BAC), Pfizer (PFE), Micron Technology (MU), AT&T (T), Wells Fargo & Company (WFC), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Intel (INTC) and Walmart (WMT).

When did Cadence Bank IPO?

(CADE) raised $0 in an IPO on Thursday, April 13th 2017. The company issued 0 shares at $0.00 per share. Goldman, Sachs, J.P. MorganSandle, O’Neill + Partners and Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriters for the IPO and Baird, Raymond James, Stephens, SunTrust Robinson Humphrey and Tudor, Pickering, Holt were co-managers.

Who are Cadence Bank's major shareholders?

Cadence Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (8.88%), Fuller & Thaler Asset Management Inc. (2.11%), Northern Trust Corp (1.36%), Bank of New York Mellon Corp (1.15%), Charles Schwab Investment Management Inc. (1.06%) and Morgan Stanley (0.97%). Insiders that own company stock include J Randall Schultz, J Thomas Wiley Jr, Joseph W Evans, Marc J Shapiro, Precious W Owodunni and Sheila Ray.
View institutional ownership trends
.

How do I buy shares of Cadence Bank?

Shares of CADE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:CADE) was last updated on 11/29/2023 by MarketBeat.com Staff

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