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

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$20.2550 -0.01 (-0.05 %)
(As of 02/19/2019 02:26 PM ET)
Previous Close$20.26
Today's Range$20.01 - $20.34
52-Week Range$16.13 - $31.44
Volume457,353 shs
Average Volume1.61 million shs
Market Capitalization$1.69 billion
P/E Ratio9.79
Dividend Yield3.04%
Beta1.46
Cadence Bancorporation operates as the bank holding company for Cadence Bank, N.A. that provides commercial banking products and services to businesses, high net worth individuals, business owners, and retail customers in the United States. The company operates through Banking and Financial Services segments. It offers various deposit products, including checking, savings, money market, and other deposit accounts. The company also provides commercial and industrial, and residential and commercial real estate loans; other consumer loans, such as home equity, auto, boat, and personal installment loans; and shared national credits. In addition, it offers wealth management, and other fiduciary and private banking services under the Linscomb & Williams and Cadence Trust brands. Further, the company provides life, disability, long-term care, homeowner's, property and casualty, and key person insurance products, as well as buy-sell agreements to retail customers; and business owner, commercial vehicle, property and liability, workers compensation, and specialty liability policies to commercial customers under the Cadence Insurance Services and Cadence Investment Services brands through financial consultants and advisors, and third party partners, as well as directly. Additionally, it offers various financial services comprising debit and credit cards; treasury management and merchant services; employee and payroll benefit solutions; automated clearing house, lock-box, and remote deposit capture services; international trade finance; and international trade, foreign exchange, and other treasury services, as well as online, mobile, and telephone banking services. As of December 31, 2017, it operated 63 full-service and 2 drive-thru branches in Alabama, Florida, Texas, Mississippi, and Tennessee, as well as 78 ATMs and 9 ITMs. The company was founded in 1885 and is headquartered in Houston, Texas. Cadence Bancorporation is a subsidiary of Cadence Bancorp, LLC.

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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$1.6335 per share
Book Value$16.25 per share

Profitability

Net Income$166.26 million

Miscellaneous

Employees1,206
Market Cap$1.69 billion
OptionableOptionable

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 Tuesday, January 29th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.175 per share on Friday, March 15th. This represents a $0.70 annualized dividend and a dividend yield of 3.46%. The ex-dividend date is Thursday, February 28th. This is an increase from Cadence Bancorp's previous quarterly dividend of $0.15. View Cadence Bancorp's Dividend History.

How were Cadence Bancorp's earnings last quarter?

Cadence Bancorp (NYSE:CADE) released its quarterly earnings results on Monday, January, 28th. The company reported $0.50 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.54 by $0.04. The company earned $124.15 million during the quarter, compared to the consensus estimate of $123.44 million. Cadence Bancorp had a return on equity of 12.80% and a net margin of 27.38%. The firm's quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 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 Wednesday, April 24th 2019. View Earnings Estimates for Cadence Bancorp.

What price target have analysts set for CADE?

8 brokerages have issued twelve-month price objectives for Cadence Bancorp's stock. Their predictions range from $18.00 to $32.00. On average, they anticipate Cadence Bancorp's share price to reach $27.3750 in the next year. This suggests a possible upside of 35.2% 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.

Has Cadence Bancorp been receiving favorable news coverage?

News stories about CADE stock have trended somewhat positive on Tuesday, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cadence Bancorp earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Are investors shorting Cadence Bancorp?

Cadence Bancorp saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 2,961,426 shares, a decline of 69.0% from the December 31st total of 9,562,734 shares. Based on an average trading volume of 1,698,440 shares, the days-to-cover ratio is presently 1.7 days. Currently, 3.7% of the company's shares are sold short. View Cadence Bancorp's Current Options Chain.

Who are some of Cadence Bancorp's key competitors?

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, Chief Financial Officer (Age 53)
  • Mr. Jerry W. Powell, Gen. Counsel & Sec. (Age 70)
  • Mr. Jack Randall Schultz, Exec. VP (Age 60)

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) served 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.15%), Dimensional Fund Advisors LP (2.46%), Diamond Hill Capital Management Inc. (2.31%), Emerald Advisers LLC (2.14%), Emerald Mutual Fund Advisers Trust (2.04%) and Two Sigma Investments LP (1.84%). Company insiders that own Cadence Bancorp stock include Cadence Bancorp, Llc, Jerry W Powell, Paul B Murphy, Jr, 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 Millennium Management LLC, RMB Capital Management LLC, Jane Street Group LLC, Grand Jean Capital Management Inc., Principal Financial Group Inc., Raymond James & Associates, OTA Financial Group L.P. and Mesirow Financial Investment Management Equity Management. Company insiders that have sold Cadence Bancorp company stock in the last year include Cadence Bancorp, Llc, 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 bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, BlackRock Inc., Pwmco LLC, Geode Capital Management LLC, Southside Capital LLC, Sapience Investments LLC, Two Sigma Investments LP and Peregrine Capital Management LLC. Company insiders that have bought Cadence Bancorp stock in the last two years include Jerry W Powell 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 $20.2550.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $1.69 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 1,206 workers across the globe.

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:  183 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  387
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 2/19/2019 by MarketBeat.com Staff

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