NYSE:CADE - Cadence Bancorp Stock Price, News, & Analysis

$20.16
-0.40 (-1.95 %)
(As of 06/25/2019 08:00 AM ET)
Today's Range
$20.15
Now: $20.16
$20.67
50-Day Range
$18.50
MA: $20.39
$23.07
52-Week Range
$16.13
Now: $20.16
$30.10
Volume644,200 shs
Average Volume1.03 million shs
Market Capitalization$2.60 billion
P/E Ratio9.26
Dividend Yield3.40%
Beta1.76
Cadence Bancorporation, a financial holding company, through its subsidiary, Cadence Bank, National Association, provides commercial banking products and services to middle-market commercial businesses, high net worth individuals, business owners, and retail customers in the United States. The company operates through Banking and Financial Services segments. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone713-871-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$607.30 million
Cash Flow$2.3199 per share
Book Value$17.43 per share

Profitability

Net Income$166.26 million

Miscellaneous

Employees1,170
Market Cap$2.60 billion
Next Earnings Date7/22/2019 (Estimated)
OptionableOptionable

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Cadence Bancorp (NYSE:CADE) Frequently Asked Questions

What is Cadence Bancorp's stock symbol?

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

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

Cadence Bancorp announced a quarterly dividend on Wednesday, May 1st. Stockholders of record on Friday, May 31st will be given a dividend of $0.175 per share on Friday, June 14th. This represents a $0.70 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Thursday, May 30th. View Cadence Bancorp's Dividend History.

How were Cadence Bancorp's earnings last quarter?

Cadence Bancorp (NYSE:CADE) issued its quarterly earnings results on Monday, April, 29th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.08. The company earned $200 million during the quarter, compared to the consensus estimate of $185.47 million. Cadence Bancorp had a net margin of 25.71% and a return on equity of 13.06%. The company's revenue for the quarter was up 72.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 earnings per share. View Cadence Bancorp's Earnings History.

When is Cadence Bancorp's next earnings date?

Cadence Bancorp is scheduled to release their next quarterly earnings announcement on Monday, July 22nd 2019. View Earnings Estimates for Cadence Bancorp.

What price target have analysts set for CADE?

8 brokerages have issued 12 month price targets for Cadence Bancorp's stock. Their forecasts range from $18.00 to $32.00. On average, they anticipate Cadence Bancorp's share price to reach $26.00 in the next year. This suggests a possible upside of 29.0% from the stock's current price. View Analyst Price Targets for Cadence Bancorp.

What is the consensus analysts' recommendation for Cadence Bancorp?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bancorp in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cadence Bancorp.

What are Wall Street analysts saying about Cadence Bancorp stock?

Here are some recent quotes from research analysts about Cadence Bancorp stock:
  • 1. According to Zacks Investment Research, "Cadence BanCorporation is a regional bank holding company. It provides corporations, middle-market companies, small businesses and consumers banking and financial solutions. The company's services and products include commercial and business banking, treasury management, specialized lending, commercial real estate, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance, consumer banking, consumer loans, mortgages, home equity lines and loans and credit cards. Cadence BanCorporation is headquartered in Houston, Texas. " (6/4/2019)
  • 2. Stephens analysts commented, "We believe CADE trades at a discount valuation due to investor uncertainty around its credit outlook. The upcoming investor day (May 2) is expected to address such credit concerns while also demonstrating the depth and quality of its bankers. We maintain our Overweight rating and are increasing our price target to $26 (was $24) which represents an 11x multiple on our 2020 EPS forecast of $2.34." (4/30/2019)

Has Cadence Bancorp been receiving favorable news coverage?

News headlines about CADE stock have been trending somewhat negative on Tuesday, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cadence Bancorp earned a news impact score of -1.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Cadence Bancorp.

Who are some of Cadence Bancorp's key competitors?

What other stocks do shareholders of Cadence Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cadence Bancorp investors own include MAM Software Group (MAMS), Broadcom (AVGO), Micron Technology (MU), Ultra Clean (UCTT), YY (YY), KEMET (KEM), Synovus Financial (SNV), Adobe (ADBE), Advanced Micro Devices (AMD) and Natus Medical (BABY).

Who are Cadence Bancorp's key executives?

Cadence Bancorp's management team includes the folowing people:
  • Mr. Paul B. Murphy Jr., Chairman & CEO (Age 59)
  • Mr. Samuel Michael Tortorici, Pres (Age 53)
  • Ms. Valerie C. Toalson, Exec. VP & CFO (Age 53)
  • Mr. Jerry W. Powell, Gen. Counsel & Sec. (Age 70)
  • Mr. Rudolph H. Holmes IV, Exec. VP (Age 48)

When did Cadence Bancorp IPO?

(CADE) raised $0 in an initial public offering (IPO) on Thursday, April 13th 2017. The company issued 0 shares at a price of $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 Bancorp's major shareholders?

Cadence Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (5.51%), Janus Henderson Group PLC (4.47%), Strs Ohio (4.26%), Diamond Hill Capital Management Inc. (4.00%), FMR LLC (2.10%) and TimesSquare Capital Management LLC (2.93%). Company insiders that own Cadence Bancorp stock include Cadence Bancorp, Llc, David F Black, J Thomas Wiley Jr, Jerry W Powell, Joseph W Evans, Kathy N Waller, Paul B Murphy, Jr, Precious W Owodunni, Samuel M Tortorici, Valerie Toalson and William B Harrison Jr. View Institutional Ownership Trends for Cadence Bancorp.

Which institutional investors are selling Cadence Bancorp stock?

CADE stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Clearbridge Investments LLC, Kennedy Capital Management Inc., Grand Jean Capital Management Inc., Chartwell Investment Partners LLC, Trexquant Investment LP, SG Americas Securities LLC and HAP Trading LLC. Company insiders that have sold Cadence Bancorp company stock in the last year include Cadence Bancorp, Llc, David F Black, J Thomas Wiley Jr, Joseph W Evans, Paul B Murphy, Jr, Samuel M Tortorici and Valerie Toalson. View Insider Buying and Selling for Cadence Bancorp.

Which institutional investors are buying Cadence Bancorp stock?

CADE stock was acquired by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Diamond Hill Capital Management Inc., Davis Capital Partners LLC, JPMorgan Chase & Co., Janus Henderson Group PLC, The Manufacturers Life Insurance Company, Private Capital Management LLC and Lazard Asset Management LLC. Company insiders that have bought Cadence Bancorp stock in the last two years include Jerry W Powell, Kathy N Waller, Precious W Owodunni, Samuel M Tortorici, Valerie Toalson and William B Harrison Jr. View Insider Buying and Selling for Cadence Bancorp.

How do I buy shares of Cadence Bancorp?

Shares of CADE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cadence Bancorp's stock price today?

One share of CADE stock can currently be purchased for approximately $20.16.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $2.60 billion and generates $607.30 million in revenue each year. The company earns $166.26 million in net income (profit) each year or $2.07 on an earnings per share basis. Cadence Bancorp employs 1,170 workers across the globe.View Additional Information About Cadence Bancorp.

What is Cadence Bancorp's official website?

The official website for Cadence Bancorp is http://www.cadencebank.com/.

How can I contact Cadence Bancorp?

Cadence Bancorp's mailing address is 2800 POST OAK BOULEVARD SUITE 3800, HOUSTON TX, 77056. The company can be reached via phone at 713-871-4000 or via email at [email protected]


MarketBeat Community Rating for Cadence Bancorp (NYSE CADE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  204 (Thanks for Voting!)
Underperform Votes:  221 (Thanks for Voting!)
Total Votes:  425
MarketBeat's community ratings are surveys of what our community members think about Cadence Bancorp and other stocks. Vote "Outperform" if you believe CADE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CADE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/25/2019 by MarketBeat.com Staff

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