NYSE:CADE - Cadence Bancorp Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cadence Bancorp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $16.43 -0.25 (-1.50 %) (As of 12/11/2019 04:00 PM ET) Add Compare Today's Range$16.31Now: $16.43▼$16.7350-Day Range$15.30MA: $16.28▼$18.2152-Week Range$14.66Now: $16.43▼$23.22Volume1.07 million shsAverage Volume1.60 million shsMarket Capitalization$2.10 billionP/E Ratio7.94Dividend Yield4.20%Beta1.82 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 Stock Exchange NYSE Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:CADE Previous Symbol CUSIPN/A CIK1614184 Webhttp://www.cadencebank.com/ Phone713-871-4000Debt Debt-to-Equity Ratio0.15 Current Ratio0.99 Quick Ratio0.99Price-To-Earnings Trailing P/E Ratio7.94 Forward P/E Ratio9.18 P/E GrowthN/A Sales & Book Value Annual Sales$607.30 million Price / Sales3.46 Cash Flow$2.34 per share Price / Cash Flow7.02 Book Value$17.43 per share Price / Book0.94Profitability EPS (Most Recent Fiscal Year)$2.07 Net Income$166.26 million Net Margins20.00% Return on Equity9.81% Return on Assets1.29%Miscellaneous Employees1,170 Outstanding Shares128,015,000Market Cap$2.10 billion Next Earnings Date1/27/2020 (Estimated) OptionableOptionable Receive CADE News and Ratings via Email Sign-up to receive the latest news and ratings for CADE and its competitors with MarketBeat's FREE daily newsletter. CADE Rates by TradingView 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 declared a quarterly dividend on Thursday, October 24th. Investors of record on Friday, November 29th will be paid a dividend of $0.175 per share on Friday, December 13th. This represents a $0.70 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date is Wednesday, November 27th. View Cadence Bancorp's Dividend History. How were Cadence Bancorp's earnings last quarter? Cadence Bancorp (NYSE:CADE) issued its quarterly earnings data on Wednesday, October, 23rd. The company reported $0.34 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.49 by $0.15. The firm had revenue of $194.83 million for the quarter, compared to analyst estimates of $191.73 million. Cadence Bancorp had a return on equity of 9.81% and a net margin of 20.00%. During the same period in the previous year, the company posted $0.56 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, January 27th 2020. View Earnings Estimates for Cadence Bancorp. What price target have analysts set for CADE? 9 brokerages have issued 12-month price targets for Cadence Bancorp's shares. Their forecasts range from $16.50 to $28.00. On average, they expect Cadence Bancorp's share price to reach $19.67 in the next year. This suggests a possible upside of 19.8% from the stock's current price. View Analyst Price Targets for Cadence Bancorp. What is the consensus analysts' recommendation for Cadence Bancorp? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bancorp in the last year. There are currently 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." 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. " (10/28/2019) 2. Stephens analysts commented, "We thought trends in the quarter were solid as core loan growth was well ahead of our estimates, deposit cost & NIB funding trends were better- than-anticipated, fee income beat estimates (even incl. MSR valuation) and, importantly, credit quality metrics remained sound. The Company put a line in the sand around near-term M&A with its release, noting a 4-6 quarter pause on M&A. We expect focus on the 9:00 CT call to be on the trajectory on the NIM, growth outlook, and status of the LION acquisition (closed 7/1). We have on OW rating. KEY POINTS: Positives. Core NIM of 3.80% was ahead of our estimate for 3.78% as funding costs increased just 4 bps (vs. our +7 bps), largely due to strong NIB deposit growth (+7.0% q/q on average). Following several quarters of muted and disappointing growth trends, EOP core loan growth was an impressive 28% LQA, beating our estimate for 6.4%." (7/26/2019) Has Cadence Bancorp been receiving favorable news coverage? Media stories about CADE stock have been trending somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cadence Bancorp earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Cadence Bancorp. Are investors shorting Cadence Bancorp? Cadence Bancorp saw a decline in short interest in the month of November. As of November 15th, there was short interest totalling 4,460,000 shares, a decline of 40.5% from the October 31st total of 7,490,000 shares. Based on an average daily trading volume, of 2,040,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.6% of the shares of the company are sold short. View Cadence Bancorp's Current Options Chain. Who are some of Cadence Bancorp's key competitors? Some companies that are related to Cadence Bancorp include Zions Bancorporation NA (ZION), Akbank T.A.S. (AKBTY), BOK Financial (BOKF), Cullen/Frost Bankers (CFR), Synovus Financial (SNV), First Horizon National (FHN), Pinnacle Financial Partners (PNFP), Webster Financial (WBS), PacWest Bancorp (PACW), CIT Group (CIT), Sterling Bancorp (STL), F.N.B. (FNB), Valley National Bancorp (VLY), Community Bank System (CBU) and UMB Financial (UMBF). 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 Micron Technology (MU), Broadcom (AVGO), MAM Software Group (MAMS), Adobe (ADBE), Comcast (CMCSA), Alibaba Group (BABA), KEMET (KEM), Advanced Micro Devices (AMD), Activision Blizzard (ATVI) and Cognex (CGNX). 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 many different of institutional and retail investors. Top institutional shareholders include State Street Corp (4.13%), Diamond Hill Capital Management Inc. (2.93%), TimesSquare Capital Management LLC (1.65%), Boston Partners (1.61%), Emerald Advisers LLC (1.38%) and Emerald Mutual Fund Advisers Trust (1.36%). Company insiders that own Cadence Bancorp stock include Cadence Bancorp, Llc, David F Black, J Richard Fredericks, J Thomas Wiley Jr, Jerry W Powell, Joseph W Evans, Kathy N Waller, Paul B Murphy Jr, Paul B Murphy, Jr, Precious W Owodunni, Rudolph H Holmes, Samuel M Tortorici, Valerie Toalson and William B Harrison Jr. View Institutional Ownership Trends for Cadence Bancorp. Which major investors are selling Cadence Bancorp stock? CADE stock was sold by a variety of institutional investors in the last quarter, including Chilton Investment Co. LLC, Stifel Financial Corp, TimesSquare Capital Management LLC, Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Man Group plc, Keeley Teton Advisors LLC and Systematic Financial Management LP. Company insiders that have sold Cadence Bancorp company stock in the last year include David F Black, J Thomas Wiley Jr and Joseph W Evans. View Insider Buying and Selling for Cadence Bancorp. Which major investors are buying Cadence Bancorp stock? CADE stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Boston Partners, State Street Corp, Diamond Hill Capital Management Inc., Rhumbline Advisers, Hennessy Advisors Inc., California Public Employees Retirement System and Comerica Bank. Company insiders that have bought Cadence Bancorp stock in the last two years include J Richard Fredericks, Jerry W Powell, Joseph W Evans, Kathy N Waller, Paul B Murphy Jr, Precious W Owodunni, Rudolph H Holmes, 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, Robinhood, Fidelity and Charles Schwab. What is Cadence Bancorp's stock price today? One share of CADE stock can currently be purchased for approximately $16.42. How big of a company is Cadence Bancorp? Cadence Bancorp has a market capitalization of $2.10 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 ( )Outperform Votes: 242 (Vote Outperform)Underperform Votes: 268 (Vote Underperform)Total Votes: 510MarketBeat'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 12/11/2019 by MarketBeat.com StaffFeatured Article: Limitations of the P/E Growth ratio