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 announced a quarterly dividend on Wednesday, February 5th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.175 per share on Tuesday, February 25th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date of this dividend is Friday, February 14th. View Cadence Bancorp's Dividend History.

Cadence Bancorp (NYSE:CADE) released its quarterly earnings results on Thursday, January, 23rd. The company reported $0.40 EPS for the quarter, missing the Zacks' consensus estimate of $0.45 by $0.05. The business had revenue of $194.81 million for the quarter, compared to analysts' expectations of $191.15 million. Cadence Bancorp had a net margin of 20.38% and a return on equity of 9.20%. During the same quarter in the previous year, the company posted $0.50 earnings per share. View Cadence Bancorp's Earnings History.

Cadence Bancorp is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Cadence Bancorp.

7 brokerages have issued 1 year price objectives for Cadence Bancorp's shares. Their forecasts range from $16.50 to $19.00. On average, they anticipate Cadence Bancorp's stock price to reach $17.86 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets 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.

News headlines about CADE stock have trended extremely negative on Friday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cadence Bancorp earned a daily sentiment score of -4.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Cadence Bancorp.

Cadence Bancorp saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 5,510,000 shares, a decrease of 6.6% from the January 15th total of 5,900,000 shares. Based on an average daily trading volume, of 1,490,000 shares, the days-to-cover ratio is presently 3.7 days. Approximately 4.5% of the shares of the stock are short sold. 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), TCF Financial (TCF), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Synovus Financial (SNV), First Horizon National (FHN), Pinnacle Financial Partners (PNFP), CIT Group (CIT), PacWest Bancorp (PACW), Webster Financial (WBS), Sterling Bancorp (STL), F.N.B. (FNB), Valley National Bancorp (VLY) and Community Bank System (CBU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cadence Bancorp investors own include Broadcom (AVGO), Southern (SO), Domtar (UFS), Adobe (ADBE), Advanced Micro Devices (AMD), Comcast (CMCSA), Micron Technology (MU), Preferred Apartment Communities (APTS), Alibaba Group (BABA) and General Mills (GIS).

(CADE) raised $0 in an initial public offering (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.

Cadence Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (5.37%), Earnest Partners LLC (2.77%), Strs Ohio (2.64%), Diamond Hill Capital Management Inc. (2.34%), Franklin Resources Inc. (1.73%) and Bank of New York Mellon Corp (1.62%). 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, Marc J Shapiro, 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 Janus Henderson Group PLC, Emerald Mutual Fund Advisers Trust, Boston Partners, Diamond Hill Capital Management Inc., FMR LLC, Franklin Resources Inc., Heartland Advisors Inc. and Russell Investments Group Ltd.. 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 acquired by a variety of institutional investors in the last quarter, including State Street Corp, LSV Asset Management, Stieven Capital Advisors L.P., Goldman Sachs Group Inc., Bank of New York Mellon Corp, Renaissance Technologies LLC, Elizabeth Park Capital Advisors Ltd. and Hotchkis & Wiley Capital Management 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, Marc J Shapiro, 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 $17.03.

Cadence Bancorp has a market capitalization of $2.18 billion and generates $991 million in revenue each year. The company earns $201.96 million in net income (profit) each year or $1.72 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]