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

$17.80

+0.19 (+1.08 %)

(As of 01/22/2020 01:02 PM ET)

Add

Compare

Today's Range

$17.68

Now: $17.80▼

$17.87

50-Day Range

$15.89

MA: $17.53▼

$18.14

52-Week Range

$14.66

Now: $17.80▼

$23.22

Volume469,419 shs

Average Volume721,525 shs

Market Capitalization$2.28 billion

P/E Ratio11.56

Dividend Yield3.89%

Beta1.84

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/

Phone713-871-4000

Debt

Debt-to-Equity Ratio0.15

Current Ratio0.99

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio11.56

Forward P/E Ratio10.00

P/E GrowthN/A

Sales & Book Value

Annual Sales$607.30 million

Price / Sales3.75

Cash Flow$2.34 per share

Price / Cash Flow7.60

Book Value$17.43 per share

Price / Book1.02

Profitability

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 Shares128,010,000

Market Cap$2.28 billion

Next Earnings Date1/23/2020 (Confirmed)

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.

(Ad)

If you're looking to potentially make 1,000% in gains, then you NEED this biotech stock. This company discovered a medical breakthrough that may end heart attacks FOREVER! Estimated annual sales are $60 billion. The FDA has all but said it's going to approve the drug. Once that happens, the stock price could double overnight. But you must be onboard BEFORE FDA approval.

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 3.95%. 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 results on Wednesday, October, 23rd. The company reported $0.34 earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by $0.15. The business had revenue of $194.83 million for the quarter, compared to the consensus estimate of $191.73 million. Cadence Bancorp had a net margin of 20.00% and a return on equity of 9.81%. During the same period last year, the company earned $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 Thursday, January 23rd 2020. View Earnings Estimates for Cadence Bancorp.

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

Cadence Bancorp will be holding an earnings conference call on Thursday, January 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for CADE?

7 Wall Street analysts have issued 12 month price targets for Cadence Bancorp's stock. Their forecasts range from $16.50 to $19.00. On average, they expect Cadence Bancorp's stock price to reach $17.86 in the next twelve months. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Price Targets for Cadence Bancorp.

What is the consensus analysts' recommendation for Cadence Bancorp?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bancorp in the last year. There are currently 7 hold ratings 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. " (1/3/2020)
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?

News headlines about CADE stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cadence Bancorp earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Cadence Bancorp.

Are investors shorting Cadence Bancorp?

Cadence Bancorp saw a increase in short interest in December. As of December 31st, there was short interest totalling 5,900,000 shares, an increase of 33.5% from the December 15th total of 4,420,000 shares. Based on an average daily trading volume, of 1,490,000 shares, the short-interest ratio is presently 4.0 days. Currently, 4.8% of the shares of the stock are short sold. 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), TCF Financial (TCF), 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) and Community Bank System (CBU).

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 Broadcom (AVGO), Domtar (UFS), Adobe (ADBE), Advanced Micro Devices (AMD), Comcast (CMCSA), Micron Technology (MU), Preferred Apartment Communities (APTS), Alibaba Group (BABA), General Motors (GM) and KEMET (KEM).

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 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 Bancorp's major shareholders?

Cadence Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.21%), State of Alaska Department of Revenue (0.08%), Assenagon Asset Management S.A. (0.05%), Louisiana State Employees Retirement System (0.03%), Cerebellum GP LLC (0.02%) and Steward Partners Investment Advisory LLC (0.02%). 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 institutional investors are selling Cadence Bancorp stock?

CADE stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System and State of Alaska Department of Revenue. 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 institutional investors are buying Cadence Bancorp stock?

CADE stock was bought by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Assenagon Asset Management S.A., Cerebellum GP LLC, Nisa Investment Advisors LLC, Zurcher Kantonalbank Zurich Cantonalbank and Steward Partners Investment Advisory LLC. 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 $17.73.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $2.27 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:		249 (Vote Outperform)
Underperform Votes:		276 (Vote Underperform)
Total Votes:		525

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 1/22/2020 by MarketBeat.com Staff

Featured Article: How much money do you need to begin day trading?