NYSE:CADE Cadence Bank (CADE) Stock Forecast, Price & News $21.42 +0.89 (+4.34%) (As of 03:27 PM ET) Add Compare Share Share Today's Range$20.62▼$21.5850-Day Range$17.65▼$21.5952-Week Range$16.95▼$29.41Volume801,154 shsAverage Volume1.51 million shsMarket Capitalization$2.33 billionP/E Ratio9.48Dividend Yield4.39%Price Target$26.90 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cadence Bank MarketRank™ ForecastAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside26.5% Upside$26.90 Price TargetShort InterestBearish7.55% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.89Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.74%From $2.70 to $2.68 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.70 out of 5 starsFinance Sector330th out of 866 stocksState Commercial Banks Industry98th out of 175 stocks 4.3 Analyst's Opinion Consensus RatingCadence Bank has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.90, Cadence Bank has a forecasted upside of 26.5% from its current price of $21.26.Amount of Analyst CoverageCadence Bank has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.55% of the outstanding shares of Cadence Bank have been sold short.Short Interest Ratio / Days to CoverCadence Bank has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Cadence Bank has recently increased by 1.49%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipCadence Bank is a leading dividend payer. It pays a dividend yield of 4.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCadence Bank has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Cadence Bank is 41.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cadence Bank will have a dividend payout ratio of 35.07% next year. This indicates that Cadence Bank will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CADE. Previous Next 3.3 News and Social Media Coverage News SentimentCadence Bank has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Cadence Bank this week, compared to 5 articles on an average week.Search Interest1 people have searched for CADE on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Cadence Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cadence Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.63% of the stock of Cadence Bank is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Cadence Bank are expected to decrease by -0.74% in the coming year, from $2.70 to $2.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cadence Bank is 9.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Cadence Bank is 9.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 152.36.Price to Book Value per Share RatioCadence Bank has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cadence Bank (NYSE:CADE) StockCadence Bank provides banking and financial solutions to consumers, businesses and corporations. Its services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, and personal and business insurance. The bank was founded in 2009 and is headquartered in Tupelo, MS.Read More Receive CADE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cadence Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address CADE Stock News HeadlinesJune 6, 2023 | finance.yahoo.comCadence Bank Receives Outstanding Rating in CRA Evaluation, Demonstrating Commitment to CommunitiesMay 31, 2023 | finance.yahoo.comCADE-PA - Cadence BankJune 7, 2023 | Behind the Markets (Ad)"Chilling War Games Show US Forces Crushed" – FOX NEWS=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>May 27, 2023 | news.yahoo.comAnticipation grows for silver anniversary of Elvis Presley FestivalMay 25, 2023 | sports.yahoo.comThomas Rhett talks Home Team Tour, what fans can expect at upcoming Tupelo concertMay 17, 2023 | bizjournals.comCadence Bank hires DEI leader from Google as new chief diversity officerMay 17, 2023 | americanbankingnews.comCadence Bank (NYSE:CADE) Receives Average Rating of "Moderate Buy" from AnalystsMay 17, 2023 | bizjournals.comWarrior retail property acquired by church organization for $4MJune 7, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 9, 2023 | bizjournals.comQ&A: Paul Murphy Jr. reflects on 42-year career after retiring from Cadence BankMay 3, 2023 | americanbankingnews.comAnalysts Issue Forecasts for Cadence Bank's Q3 2023 Earnings (NYSE:CADE)May 2, 2023 | finance.yahoo.comCadence Bank (NYSE:CADE) Q1 2023 Earnings Call TranscriptApril 30, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for Cadence Bank's FY2023 Earnings (NYSE:CADE)April 28, 2023 | americanbankingnews.comCadence Bank (NYSE:CADE) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPSApril 28, 2023 | msn.comCadence Bancorporation (CADE) Declares $0.24 DividendApril 27, 2023 | msn.comKeefe, Bruyette & Woods Maintains Cadence Bancorporation (CADE) Outperform RecommendationApril 27, 2023 | markets.businessinsider.comKBW Keeps Their Buy Rating on Cadence Bank (CADE)April 27, 2023 | americanbankingnews.comCadence Bank to Post Q2 2023 Earnings of $0.72 Per Share, DA Davidson Forecasts (NYSE:CADE)April 26, 2023 | finance.yahoo.comQ1 2023 Cadence Bank Earnings CallApril 25, 2023 | bizjournals.comCadence Bank to close or consolidate multiple branches to improve profitabilityApril 25, 2023 | markets.businessinsider.comExpert Ratings for Cadence BankApril 25, 2023 | msn.comStephens & Co. Reiterates Cadence Bancorporation (CADE) Overweight RecommendationApril 25, 2023 | markets.businessinsider.comCadence Bank (CADE) Gets a Buy from StephensApril 24, 2023 | msn.comCadence Bank Non-GAAP EPS of $0.68 beats by $0.02, revenue of $428.34M misses by $38.55MApril 24, 2023 | finance.yahoo.comCadence Bank Announces First Quarter 2023 Financial ResultsApril 23, 2023 | markets.businessinsider.comCadence Bank Registered earnings preview: what to expectApril 22, 2023 | americanbankingnews.comBrokerages Set Cadence Bank (NYSE:CADE) PT at $26.90See More Headlines CADE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CADE Company Calendar Ex-Dividend for 4/3 Dividend3/14/2023Dividend Payable4/03/2023Last Earnings4/25/2023Today6/07/2023Ex-Dividend for 7/3 Dividend6/14/2023Dividend Payable7/03/2023Next Earnings (Estimated)7/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:CADE CUSIPN/A CIK1614184 Webwww.cadencebank.com Phone(662) 680-2000Fax662-680-2570Employees6,572Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.90 High Stock Price Forecast$33.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+31.0%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.26 Trailing P/E Ratio9.08 Forward P/E Ratio7.60 P/E GrowthN/ANet Income$463.24 million Net Margins19.37% Pretax Margin25.07% Return on Equity13.24% Return on Assets1.13% Debt Debt-to-Equity Ratio0.11 Current Ratio0.79 Quick Ratio0.78 Sales & Book Value Annual Sales$2.05 billion Price / Sales1.09 Cash Flow$7.75 per share Price / Cash Flow2.65 Book Value$38.16 per share Price / Book0.54Miscellaneous Outstanding Shares108,610,000Free Float105,758,000Market Cap$2.23 billion OptionableOptionable Beta0.97 Key ExecutivesJames D. RollinsChairman & Chief Executive OfficerChristopher A. BagleyPresidentJeff JaggersChief Operating OfficerValerie C. ToalsonChief Financial OfficerCathy Smith FreemanChief Administrative OfficerKey CompetitorsIndependent BankNASDAQ:INDBFirst BanCorp.NYSE:FBPAtlantic Union BanksharesNASDAQ:AUBHilltopNYSE:HTHFirst HawaiianNASDAQ:FHBView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Sold 3,340 shares on 6/1/2023Ownership: 0.003%ProShare Advisors LLCSold 2,376 shares on 5/26/2023Ownership: 0.030%Brandywine Global Investment Management LLCBought 452,714 shares on 5/25/2023Ownership: 0.417%Toroso Investments LLCBought 15,688 shares on 5/23/2023Ownership: 0.014%Ameriprise Financial Inc.Bought 125,578 shares on 5/22/2023Ownership: 0.435%View All Institutional Transactions CADE Stock - 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, 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CADE shares. View CADE analyst ratings or view top-rated stocks. What is Cadence Bank's stock price forecast for 2023? 8 brokers have issued 12-month price objectives for Cadence Bank's stock. Their CADE share price forecasts range from $21.00 to $33.00. On average, they anticipate the company's stock price to reach $26.90 in the next twelve months. This suggests a possible upside of 31.0% 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 start of the year. Since then, CADE stock has decreased by 16.7% and is now trading at $20.53. View the best growth stocks for 2023 here. When is Cadence Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023. View our CADE earnings forecast. How were Cadence Bank's earnings last quarter? Cadence Bank (NYSE:CADE) issued its earnings results on Tuesday, April, 25th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.02. The company had revenue of $600.20 million for the quarter, compared to analysts' expectations of $456.09 million. Cadence Bank had a trailing twelve-month return on equity of 13.24% and a net margin of 19.37%. During the same quarter in the previous year, the company posted $0.65 earnings per share. How often does Cadence Bank pay dividends? What is the dividend yield for Cadence Bank? Cadence Bank announced a quarterly dividend on Wednesday, April 26th. Stockholders of record on Thursday, June 15th will be paid a dividend of $0.235 per share on Monday, July 3rd. This represents a $0.94 dividend on an annualized basis and a yield of 4.58%. The ex-dividend date is Wednesday, June 14th. Read our dividend analysis for CADE. What ETFs hold Cadence Bank's stock? ETFs with the largest weight of Cadence Bank (NYSE:CADE) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), Thrivent Small-Mid Cap ESG ETF (TSME), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Direxion Daily Regional Banks Bull 3x Shares (DPST), Invesco S&P MidCap Value with Momentum ETF (XMVM) and Invesco Raymond James SB-1 Equity ETF (RYJ). 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 4.77%. 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 41.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CADE will have a dividend payout ratio of 35.07% 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 (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) 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." Who are Cadence Bank's major shareholders? Cadence Bank's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (16.32%), FMR LLC (12.79%), State Street Corp (8.30%), Dimensional Fund Advisors LP (7.13%), Wellington Management Group LLP (6.71%) and Silvercrest Asset Management Group LLC (5.13%). Insiders that own company stock include J Randall Schultz, J Richard Fredericks, J Thomas Wiley Jr, Joseph W Evans, Marc J Shapiro, Paul B Murphy, Jr, Precious W Owodunni, Scott M Stuart 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. What is Cadence Bank's stock price today? One share of CADE stock can currently be purchased for approximately $20.53. How much money does Cadence Bank make? Cadence Bank (NYSE:CADE) has a market capitalization of $2.23 billion and generates $2.05 billion in revenue each year. The company earns $463.24 million in net income (profit) each year or $2.26 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 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cadence Bank Please log in to your account or sign up in order to add this asset to your watchlist. 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