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

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$21.26 +0.37 (+1.77 %)
(As of 11/15/2018 04:00 PM ET)
Previous Close$20.89
Today's Range$20.62 - $21.45
52-Week Range$20.34 - $31.44
Volume817,482 shs
Average Volume1.03 million shs
Market Capitalization$1.82 billion
P/E Ratio14.36
Dividend Yield2.83%
Beta1.2
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

Stock Exchange NYSE
Industry National commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNYSE:CADE
Previous Symbol
CUSIPN/A
Phone713-871-4000

Debt

Debt-to-Equity Ratio0.34
Current Ratio1.03
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio14.36
Forward P/E Ratio10.12
P/E GrowthN/A

Sales & Book Value

Annual Sales$430.78 million
Price / Sales4.13
Cash Flow$1.5807 per share
Price / Cash13.45
Book Value$16.25 per share
Price / Book1.31

Profitability

EPS (Most Recent Fiscal Year)$1.48
Net Income$102.35 million
Net Margins25.78%
Return on Equity12.41%
Return on Assets1.53%

Miscellaneous

Employees1,206
Outstanding Shares83,630,000
Market Cap$1.82 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 declared a quarterly dividend on Tuesday, October 23rd. Investors of record on Monday, December 3rd will be given a dividend of $0.15 per share on Monday, December 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date is Friday, November 30th. View Cadence Bancorp's Dividend History.

How were Cadence Bancorp's earnings last quarter?

Cadence Bancorp (NYSE:CADE) posted its quarterly earnings results on Monday, October, 22nd. The company reported $0.56 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.05. The firm had revenue of $122.08 million for the quarter, compared to analyst estimates of $120.97 million. Cadence Bancorp had a net margin of 25.78% and a return on equity of 12.41%. 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, January 23rd 2019. View Earnings Estimates for Cadence Bancorp.

What price target have analysts set for CADE?

7 Wall Street analysts have issued 1 year price targets for Cadence Bancorp's stock. Their forecasts range from $28.00 to $34.00. On average, they expect Cadence Bancorp's stock price to reach $30.5714 in the next twelve months. This suggests a possible upside of 44.1% 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 2 hold ratings, 4 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?

Media stories about CADE stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 1.4 on InfoTrie's scale. They also gave headlines about the company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the company's share price in the immediate future.

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 58)
  • Mr. Samuel Michael Tortorici, Pres (Age 52)
  • Ms. Valerie C. Toalson, Exec. VP & CFO (Age 52)
  • Mr. Jerry W. Powell, Exec. VP, Gen. Counsel & Sec. (Age 69)
  • Mr. Jack Randall Schultz, Exec. VP (Age 59)

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) 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 shareholders include BlackRock Inc. (6.96%), Alliancebernstein L.P. (5.72%), FMR LLC (4.49%), JPMorgan Chase & Co. (4.27%), Strs Ohio (4.04%) and Earnest Partners LLC (4.01%). 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 major investors are selling Cadence Bancorp stock?

CADE stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Emerald Mutual Fund Advisers Trust, Brant Point Investment Management LLC, Russell Investments Group Ltd., PNC Financial Services Group Inc., Emerald Advisers Inc. PA, GSA Capital Partners LLP and State Board of Administration of Florida Retirement System. 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 major investors are buying Cadence Bancorp stock?

CADE stock was acquired by a variety of institutional investors in the last quarter, including Strs Ohio, Alliancebernstein L.P., Laurion Capital Management LP, FMR LLC, Levin Capital Strategies L.P., JPMorgan Chase & Co., BlackRock Inc. and The Manufacturers Life Insurance Company . 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 $21.22.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $1.82 billion and generates $430.78 million in revenue each year. The company earns $102.35 million in net income (profit) each year or $1.48 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:  170 (Vote Outperform)
Underperform Votes:  190 (Vote Underperform)
Total Votes:  360
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 11/15/2018 by MarketBeat.com Staff

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