Cadence Bank Stock Price, News & Analysis (NYSE:CADE) $27.82 +0.42 (+1.53%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$27.24▼$28.0050-Day Range$19.68▼$27.8252-Week Range$16.95▼$28.18Volume1.38 million shsAverage Volume1.29 million shsMarket Capitalization$5.08 billionP/E Ratio13.77Dividend Yield3.38%Price Target$25.18 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Cadence Bank MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside9.5% Downside$25.18 Price TargetShort InterestHealthy4.27% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.62Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth4.56%From $2.41 to $2.52 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.2.29 out of 5 starsFinance Sector339th out of 853 stocksState Commercial Banks Industry58th out of 178 stocks 2.3 Analyst's Opinion Consensus RatingCadence Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 5 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $25.18, Cadence Bank has a forecasted downside of 9.5% from its current price of $27.82.Amount of Analyst CoverageCadence Bank has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.27% 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 5.6.Change versus previous monthShort interest in Cadence Bank has recently decreased by 4.18%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldCadence Bank pays a meaningful dividend of 3.43%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCadence Bank has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Cadence Bank is 46.53%. 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 37.30% 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 1.5 News and Social Media Coverage News SentimentCadence Bank has a news sentiment score of 0.62. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cadence Bank this week, compared to 4 articles on an average week.MarketBeat FollowsOnly 1 people have added Cadence Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 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 2.21% of the stock of Cadence Bank is held by insiders.Percentage Held by Institutions80.22% of the stock of Cadence Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Cadence Bank are expected to grow by 4.56% in the coming year, from $2.41 to $2.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cadence Bank is 13.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Cadence Bank is 13.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.92.Price to Book Value per Share RatioCadence Bank has a P/B Ratio of 0.73. 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 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.Read More CADE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CADE Stock News HeadlinesDecember 9, 2023 | finance.yahoo.comWhy You Might Be Interested In Cadence Bank (NYSE:CADE) For Its Upcoming DividendDecember 7, 2023 | finance.yahoo.comLinscomb & Williams Named to Barron's Top 100 RIA Firms for Second YearDecember 9, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou 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. December 3, 2023 | americanbankingnews.comCadence Bank (NYSE:CADE) Coverage Initiated by Analysts at CitigroupDecember 1, 2023 | finance.yahoo.comCadence (CADE) Sells Insurance Business to Arthur J. (AJG)November 16, 2023 | businesswire.comFHLB Dallas, American First National Bank, Cadence Bank, Independent Financial and Inwood Bank Celebrate Awarding $80K in Grants to Three Dallas-Area NonprofitsNovember 7, 2023 | finance.yahoo.comInsider Stock Buying Reaches US$592.8k On Cadence BankOctober 27, 2023 | finance.yahoo.comQ3 2023 Arthur J. Gallagher & Co. Earnings CallDecember 9, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou 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. October 26, 2023 | marketwatch.comCadence Bank Shares Up on Sale of Insurance Unit to Arthur J. Gallagher for $749MOctober 26, 2023 | msn.comCadence Bank agrees to sell insurance operations to Gallagher for $904MOctober 25, 2023 | msn.comCadence Bank declares $0.235 dividendOctober 25, 2023 | finance.yahoo.comCadence Bank (NYSE:CADE) Q3 2023 Earnings Call TranscriptOctober 25, 2023 | finance.yahoo.comQ3 2023 Cadence Bank Earnings CallOctober 24, 2023 | marketwatch.comCadence 3Q Net Drops on Lower Loan VolumesOctober 24, 2023 | markets.businessinsider.comCadence Bank To Sell Insurance Unit To Arthur J. Gallagher In $904 Mln Deal; Stock Up In PremarketOctober 24, 2023 | msn.comCadence Bank Non-GAAP EPS of $0.56 misses by $0.01, revenue of $448.01M misses by $11.73MOctober 24, 2023 | finance.yahoo.comCadence Bank to sell insurance business to Arthur J Gallagher for $904 mlnOctober 23, 2023 | finance.yahoo.comCadence Bank Announces Third Quarter 2023 Financial ResultsOctober 22, 2023 | markets.businessinsider.comCadence Bank Registered is about to announce earnings — here's what Wall Street expectsOctober 17, 2023 | finance.yahoo.comLinscomb & Williams Announces Updates to the Expanding Wealth Management TeamOctober 13, 2023 | yahoo.comDays after his drug arrest, a Biloxi councilman started moving money around, feds sayOctober 9, 2023 | benzinga.comBelmont Village Senior Living Celebrates Topping Out at San RamonOctober 4, 2023 | bizjournals.comHow Cadence Bank grew its local deposits in 2023 despite industry-wide pressuresOctober 3, 2023 | msn.comCadence Bank - Strong Loan Growth And Depressed Valuation Make For A BuySeptember 28, 2023 | msn.comMorgan Stanley Maintains Cadence Bank (CADE) Equal-Weight RecommendationSeptember 25, 2023 | msn.comCadence Bank said to be selling its insurance brokerage businessSee More Headlines 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 Company Calendar Ex-Dividend for 10/2 Dividend9/14/2023Dividend Payable10/02/2023Last Earnings10/23/2023Today12/09/2023Ex-Dividend for 1/2 Dividend12/14/2023Fiscal Year End12/31/2023Dividend Payable1/02/2024Next Earnings (Estimated)1/29/2024Get 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 Target$25.18 High Stock Price Target$28.00 Low Stock Price Target$21.00 Potential Upside/Downside-9.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$2.02 Trailing P/E Ratio13.77 Forward P/E Ratio11.54 P/E GrowthN/ANet Income$463.24 million Net Margins14.61% Pretax Margin18.87% Return on Equity11.68% Return on Assets1.00% Debt Debt-to-Equity Ratio0.11 Current Ratio0.80 Quick Ratio0.80 Sales & Book Value Annual Sales$2.05 billion Price / Sales2.47 Cash Flow$7.54 per share Price / Cash Flow3.69 Book Value$38.16 per share Price / Book0.73Miscellaneous Outstanding Shares182,660,000Free Float178,628,000Market Cap$5.08 billion OptionableOptionable Beta1.04 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. James D. Rollins III (Age 64)Chairman & CEO Comp: $3.13MMr. Christopher A. Bagley (Age 62)President Comp: $1.89MMs. Valerie C. Toalson (Age 57)Senior EVP & CFO Comp: $1.4MMr. Rudolph H. Holmes IV (Age 52)Senior EVP & Chief Banking Officer Comp: $1.53MMr. Jeffrey William Jaggers (Age 60)COO & Senior EVP Comp: $710.61kMr. Will FisackerlyExecutive VP & Director of Corporate FinanceMs. Cathy S. Freeman (Age 57)Senior EVP, Chief Administrative Officer & Secretary Comp: $509.42kMs. Shanna R. Kuzdzal (Age 44)Chief Legal Officer Morgan FilesHead of Corporate CommunicationsMr. Sam JonesMarket PresidentMore ExecutivesKey CompetitorsColumbia Banking SystemNASDAQ:COLBBank OZKNASDAQ:OZKHome Bancshares, Inc. (Conway, AR)NYSE:HOMBUnited BanksharesNASDAQ:UBSIWintrust FinancialNASDAQ:WTFCView All CompetitorsInstitutional OwnershipCitigroup Inc.Sold 117,118 shares on 12/6/2023Ownership: 0.050%Wellington Management Group LLPBought 1,063,055 shares on 12/1/2023Ownership: 4.286%American Century Companies Inc.Bought 331,097 shares on 11/30/2023Ownership: 0.689%Deutsche Bank AGSold 262,563 shares on 11/24/2023Ownership: 0.157%Graham Capital Management L.P.Bought 177,407 shares on 11/22/2023Ownership: 0.097%View All Institutional Transactions 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 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), SPDR S&P Bank ETF (KBE), SPDR S&P Regional Banking ETF (KRE), Thrivent Small-Mid Cap ESG ETF (TSME), ProShares Russell 2000 Dividend Growers ETF (SMDV), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), Direxion Daily Regional Banks Bull 3x Shares (DPST) and First Trust Mid Cap Value AlphaDEX Fund (FNK). 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. 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