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NYSE:CADE

Cadence Bank (CADE) Stock Price, News & Analysis

$26.40
-0.42 (-1.57%)
(As of 04:00 PM ET)
Today's Range
$26.16
$26.64
50-Day Range
$25.54
$29.00
52-Week Range
$16.95
$31.45
Volume
977,365 shs
Average Volume
1.37 million shs
Market Capitalization
$4.82 billion
P/E Ratio
9.07
Dividend Yield
3.79%
Price Target
$30.65

Cadence Bank MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.55 Rating Score
Upside/​Downside
15.5% Upside
$30.65 Price Target
Short Interest
Bearish
4.27% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.19mentions of Cadence Bank in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
15.13%
From $2.38 to $2.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.24 out of 5 stars

Finance Sector

250th out of 852 stocks

State Commercial Banks Industry

66th out of 176 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. Cadence Bank was founded in 1876 and is headquartered in Tupelo, Mississippi.

CADE Stock Price History

CADE Stock News Headlines

Cadence Bank (CADE) to Release Quarterly Earnings on Monday
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Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
See More Headlines
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Company Calendar

Last Earnings
1/29/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Today
4/16/2024
Next Earnings (Confirmed)
4/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Employees
5,333
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.65
High Stock Price Target
$34.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+14.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
11 Analysts

Profitability

Net Income
$542.30 million
Pretax Margin
-0.04%

Debt

Sales & Book Value

Annual Sales
$921.95 million
Cash Flow
$3.55 per share
Book Value
$27.38 per share

Miscellaneous

Free Float
177,861,000
Market Cap
$4.90 billion
Optionable
Optionable
Beta
1.02
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Key Executives

  • Mr. James D. Rollins III (Age 65)
    Chairman & CEO
    Comp: $3.13M
  • Mr. Christopher A. Bagley (Age 63)
    President
    Comp: $1.89M
  • Ms. Valerie C. Toalson (Age 58)
    Senior EVP & CFO
    Comp: $1.4M
  • Mr. Rudolph H. Holmes IV (Age 53)
    Senior EVP & Chief Banking Officer
    Comp: $1.53M
  • Mr. Jeffrey William Jaggers (Age 61)
    COO & Senior EVP
    Comp: $710.61k
  • Mr. Will Fisackerly
    Executive VP & Director of Corporate Finance
  • Ms. Cathy S. Freeman (Age 58)
    Senior EVP, Chief Administrative Officer & Secretary
    Comp: $509.42k
  • Ms. Shanna R. Kuzdzal (Age 45)
    Chief Legal Officer
  • Mr. Sam Jones
    Market President
  • Mr. Ty Warren
    President of North-West Region

CADE Stock Analysis - Frequently Asked Questions

Should I buy or sell Cadence Bank stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last year. There are currently 6 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 target for 2024?

11 analysts have issued 12 month target prices for Cadence Bank's shares. Their CADE share price targets range from $27.00 to $34.00. On average, they predict the company's stock price to reach $30.65 in the next year. This suggests a possible upside of 15.5% 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 2024?

Cadence Bank's stock was trading at $29.59 at the start of the year. Since then, CADE shares have decreased by 10.3% and is now trading at $26.54.
View the best growth stocks for 2024 here
.

Are investors shorting Cadence Bank?

Cadence Bank saw a increase in short interest in March. As of March 31st, there was short interest totaling 7,800,000 shares, an increase of 12.9% from the March 15th total of 6,910,000 shares. Based on an average daily volume of 1,390,000 shares, the short-interest ratio is presently 5.6 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, April 22nd 2024.
View our CADE earnings forecast
.

How can I listen to Cadence Bank's earnings call?

Cadence Bank will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Cadence Bank's earnings last quarter?

Cadence Bank (NYSE:CADE) released its earnings results on Monday, January, 29th. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.53 by $0.13. The company had revenue of $23.15 million for the quarter, compared to the consensus estimate of $433.99 million. Cadence Bank had a trailing twelve-month return on equity of 9.55% and a net margin of 23.33%.

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

Cadence Bank declared a quarterly dividend on Wednesday, January 24th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.25 per share on Monday, April 1st. This represents a $1.00 annualized dividend and a dividend yield of 3.77%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for CADE
.

Is Cadence Bank a good dividend stock?

Cadence Bank (NYSE:CADE) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.73%. 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 34.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CADE will have a dividend payout ratio of 36.50% 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?

Cadence Bank (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) 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 a variety of institutional and retail investors. Top institutional investors include Wealth Enhancement Advisory Services LLC (0.03%), Sanders Morris Harris LLC (0.02%), Ignite Planners LLC (0.01%), Inscription Capital LLC (0.01%) and Rise Advisors LLC (0.00%). Insiders that own company stock include J Thomas Wiley Jr, Joseph W Evans, Marc J Shapiro 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CADE) was last updated on 4/16/2024 by MarketBeat.com Staff

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