S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
The single greatest medical breakthrough of all time? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
The single greatest medical breakthrough of all time? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Disney, DeSantis legal fights ratchet up as company demands documents from Florida governor
The single greatest medical breakthrough of all time? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
NYSE:CADE

Cadence Bank (CADE) Stock Forecast, Price & News

$21.22
+0.17 (+0.81%)
(As of 09/29/2023 ET)
Compare
Today's Range
$21.13
$21.58
50-Day Range
$20.42
$25.82
52-Week Range
$16.95
$29.41
Volume
1.12 million shs
Average Volume
1.32 million shs
Market Capitalization
$3.88 billion
P/E Ratio
9.69
Dividend Yield
4.43%
Price Target
$25.50

Cadence Bank MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
20.2% Upside
$25.50 Price Target
Short Interest
Bearish
5.19% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.08mentions of Cadence Bank in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-2.03%
From $2.46 to $2.41 Per Share

Overall MarketRank

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

2.03 out of 5 stars

Finance Sector

618th out of 866 stocks

State Commercial Banks Industry

148th out of 180 stocks


CADE stock logo

About Cadence Bank (NYSE:CADE) Stock

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 Price History

CADE Stock News Headlines

This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
CADE - Cadence Bank
This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
Piper Sandler Sticks to Their Buy Rating for Home Bancshares (HOMB)
CADE.PA Cadence Bank 5.5% NCUM PFD A
Q2 2023 Cadence Bank Earnings Call
Cadence Bank Q2 Results Miss Street
Preview: Cadence Bank's Earnings
See More Headlines
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CADE Company Calendar

Ex-Dividend for 7/3 Dividend
6/14/2023
Dividend Payable
7/03/2023
Last Earnings
7/25/2023
Ex-Dividend for 10/2 Dividend
9/14/2023
Today
10/01/2023
Dividend Payable
10/02/2023
Next Earnings (Estimated)
10/23/2023
Fiscal Year End
12/31/2023

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 Forecast
$25.50
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$21.00
Forecasted Upside/Downside
+20.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$463.24 million
Pretax Margin
22.01%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$7.50 per share
Book Value
$38.16 per share

Miscellaneous

Free Float
178,594,000
Market Cap
$3.88 billion
Optionable
Optionable
Beta
1.02
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Key Executives

  • Mr. James D. Rollins III (Age 64)
    Chairman & CEO
    Comp: $3.13M
  • Mr. Christopher A. Bagley (Age 62)
    Pres
    Comp: $1.89M
  • Ms. Valerie C. Toalson (Age 57)
    Sr. EVP & CFO
    Comp: $1.4M
  • Mr. Rudolph H. Holmes IV (Age 52)
    Sr. EVP & Chief Banking Officer
    Comp: $1.53M
  • Mr. Jeffrey William Jaggers (Age 60)
    COO & Sr. EVP
  • Mr. Will Fisackerly
    Exec. VP & Director of Corp. Fin.
  • Ms. Cathy S. Freeman (Age 57)
    Sr. EVP, Chief Admin. Officer & Sec.
  • Ms. Shanna R. Kuzdzal (Age 44)
    Chief Legal Officer
  • Morgan Files
    Head of Corp. Communications
  • Mr. Sam Jones
    Market Pres













CADE Stock - Frequently Asked Questions

Should I buy or sell Cadence Bank stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last year. There are currently 1 sell rating, 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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 forecast for 2023?

8 Wall Street analysts have issued 12 month target prices for Cadence Bank's stock. Their CADE share price forecasts range from $21.00 to $30.00. On average, they predict the company's stock price to reach $25.50 in the next twelve months. This suggests a possible upside of 20.2% 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 2023. Since then, CADE shares have decreased by 13.9% and is now trading at $21.22.
View the best growth stocks for 2023 here
.

Are investors shorting Cadence Bank?

Cadence Bank saw a increase in short interest in September. As of September 15th, there was short interest totaling 9,480,000 shares, an increase of 12.5% from the August 31st total of 8,430,000 shares. Based on an average daily volume of 1,400,000 shares, the short-interest ratio is currently 6.8 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, October 23rd 2023.
View our CADE earnings forecast
.

How were Cadence Bank's earnings last quarter?

Cadence Bank (NYSE:CADE) issued its earnings results on Tuesday, July, 25th. The company reported $0.64 EPS for the quarter, missing analysts' consensus estimates of $0.68 by $0.04. The company earned $465.84 million during the quarter, compared to analyst estimates of $476.12 million. Cadence Bank had a trailing twelve-month return on equity of 12.79% and a net margin of 16.99%. Cadence Bank's revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.73 EPS.

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

Cadence Bank announced a quarterly dividend on Wednesday, July 26th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.235 per share on Monday, October 2nd. This represents a $0.94 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date is Thursday, September 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 4.47%. CADE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 42.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CADE will have a dividend payout ratio of 39.00% 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 initial public offering 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) served as the underwriters for the IPO and Baird, Raymond James, Stephens, SunTrust Robinson Humphrey and Tudor, Pickering, Holt were co-managers.

What is Cadence Bank's stock symbol?

Cadence Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "CADE."

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.

What is Cadence Bank's stock price today?

One share of CADE stock can currently be purchased for approximately $21.22.

How much money does Cadence Bank make?

Cadence Bank (NYSE:CADE) has a market capitalization of $3.88 billion and generates $2.05 billion in revenue each year. The company earns $463.24 million in net income (profit) each year or $2.19 on an earnings per share basis.

How many employees does Cadence Bank have?

The company employs 6,572 workers across the globe.

How can I contact Cadence Bank?

Cadence Bank's mailing address is 2800 POST OAK BOULEVARD SUITE 3800, HOUSTON TX, 77056. The official website for the company is www.cadencebank.com. The company can be reached via phone at (662) 680-2000, via email at vtoalson@cadencebancorporation.com, or via fax at 662-680-2570.

This page (NYSE:CADE) was last updated on 10/1/2023 by MarketBeat.com Staff

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