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. Shareholders 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 dividend yield of 3.89%. The ex-dividend date is Wednesday, November 27th. View Cadence Bancorp's Dividend History.

Cadence Bancorp (NYSE:CADE) posted its earnings results on Wednesday, October, 23rd. The company reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.49 by $0.15. The firm had revenue of $194.83 million for the quarter, compared to analysts' expectations of $191.73 million. Cadence Bancorp had a return on equity of 9.81% and a net margin of 20.00%. During the same quarter in the previous year, the firm earned $0.56 EPS. View Cadence Bancorp's Earnings History.

Cadence Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for Cadence Bancorp.

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.

7 equities research analysts have issued twelve-month target prices for Cadence Bancorp's stock. 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 that the stock has a possible downside of 0.8%. 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.

Media stories about CADE stock have been trending very negative recently, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cadence Bancorp earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for 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 volume of 1,490,000 shares, the days-to-cover ratio is presently 4.0 days. Approximately 4.8% 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), TCF Financial (TCF), BOK Financial (BOKF), Cullen/Frost Bankers (CFR), Synovus Financial (SNV), First Horizon National (FHN), Webster Financial (WBS), Pinnacle Financial Partners (PNFP), PacWest Bancorp (PACW), CIT Group (CIT), 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), Micron Technology (MU), Adobe (ADBE), Advanced Micro Devices (AMD), Comcast (CMCSA), MAM Software Group (MAMS), Alibaba Group (BABA), KEMET (KEM), 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 $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 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 Nisa Investment Advisors LLC (0.00%). 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 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.

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 and Nisa Investment Advisors 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.

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 $18.01.

Cadence Bancorp has a market capitalization of $2.31 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]