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

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

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.

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.

Cadence Bancorp is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Cadence Bancorp.

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.

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.

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.

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.

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).

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).

(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.

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.

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.

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.

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.

One share of CADE stock can currently be purchased for approximately $16.42.

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.

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

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]