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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
All the trading advice you’ve ever received boils down to this (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
All the trading advice you’ve ever received boils down to this (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
All the trading advice you’ve ever received boils down to this (Ad)
Amazon asks federal judge to dismiss the FTC's antitrust lawsuit against the company
Indiana secretary of state appeals ruling for US Senate candidate seeking GOP nod
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is carbon capture and why does it keep coming up at COP28?
Dozens of animals taken from Virginia roadside zoo as part of investigation
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes

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

$27.82
+0.42 (+1.53%)
(As of 12/8/2023 ET)
Compare
Today's Range
$27.24
$28.00
50-Day Range
$19.68
$27.82
52-Week Range
$16.95
$28.18
Volume
1.38 million shs
Average Volume
1.29 million shs
Market Capitalization
$5.08 billion
P/E Ratio
13.77
Dividend Yield
3.38%
Price Target
$25.18

Cadence Bank MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
9.5% Downside
$25.18 Price Target
Short Interest
Healthy
4.27% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.62mentions of Cadence Bank in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.56%
From $2.41 to $2.52 Per Share

Overall MarketRank

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

2.29 out of 5 stars

Finance Sector

339th out of 853 stocks

State Commercial Banks Industry

58th out of 178 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

New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Insider Stock Buying Reaches US$592.8k On Cadence Bank
Q3 2023 Arthur J. Gallagher & Co. Earnings Call
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Cadence Bank declares $0.235 dividend
Cadence Bank (NYSE:CADE) Q3 2023 Earnings Call Transcript
Q3 2023 Cadence Bank Earnings Call
Cadence 3Q Net Drops on Lower Loan Volumes
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
12/09/2023
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
$25.18
High Stock Price Target
$28.00
Low Stock Price Target
$21.00
Potential Upside/Downside
-9.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$463.24 million
Pretax Margin
18.87%

Debt

Sales & Book Value

Annual Sales
$2.05 billion
Cash Flow
$7.54 per share
Book Value
$38.16 per share

Miscellaneous

Free Float
178,628,000
Market Cap
$5.08 billion
Optionable
Optionable
Beta
1.04
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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?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last twelve months. There are currently 1 sell rating, 2 hold ratings, 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?

9 brokers have issued 1 year target prices for Cadence Bank's shares. Their CADE share price targets range from $21.00 to $28.00. On average, they expect the company's share price to reach $25.18 in the next year. This suggests that the stock has a possible downside of 9.5%.
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 stock has increased by 12.8% and is now trading at $27.82.
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, January 29th 2024.
View our CADE earnings forecast
.

How were Cadence Bank's earnings last quarter?

Cadence Bank (NYSE:CADE) posted its quarterly earnings data on Monday, October, 23rd. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56. The company had revenue of $448.02 million for the quarter, compared to the consensus estimate of $460.81 million. Cadence Bank had a net margin of 14.61% and a trailing twelve-month return on equity of 11.68%.

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. Investors of record on Friday, December 15th will be paid a dividend of $0.235 per share on Tuesday, January 2nd. This represents a $0.94 dividend on an annualized basis and a dividend yield of 3.38%. The ex-dividend date of this dividend 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 3.43%. 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 37.30% 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) served 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 investors include FMR LLC (8.88%), Wellington Management Group LLP (4.29%), Fuller & Thaler Asset Management Inc. (2.11%), Northern Trust Corp (1.36%), Bank of New York Mellon Corp (1.15%) and Charles Schwab Investment Management Inc. (1.06%). 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 12/9/2023 by MarketBeat.com Staff

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