Top-Rated Dividend Stocks NYSE:CADE Cadence Bank - CADE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cadence Bank Please log in to your account or sign up in order to add this asset to your watchlist. $26.42 +0.84 (+3.28%) (As of 02/1/2023 02:00 PM ET) Add Compare Share Share Today's Range$25.34▼$26.4650-Day Range$23.83▼$29.1252-Week Range$22.04▼$32.57Volume1.21 million shsAverage Volume1.30 million shsMarket Capitalization$2.87 billionP/E Ratio10.74Dividend Yield3.41%Price Target$30.71 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cadence Bank MarketRank™ ForecastAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside13.6% Upside$29.86 Price TargetShort InterestBearish5.08% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.52Based on 17 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.32%From $3.15 to $3.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 starsFinance Sector560th out of 895 stocksState Commercial Banks Industry128th out of 190 stocks 3.4 Analyst's Opinion Consensus RatingCadence Bank has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.86, Cadence Bank has a forecasted upside of 13.6% from its current price of $26.29.Amount of Analyst CoverageCadence Bank has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.08% of the outstanding shares of Cadence Bank have been sold short.Short Interest Ratio / Days to CoverCadence Bank has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in Cadence Bank has recently increased by 7.18%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldCadence Bank pays a meaningful dividend of 3.41%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCadence Bank has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Cadence Bank is 35.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cadence Bank will have a dividend payout ratio of 28.03% next year. This indicates that Cadence Bank will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CADE. Previous Next 2.0 News and Social Media Coverage News SentimentCadence Bank has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Cadence Bank this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for CADE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Cadence Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cadence Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.63% of the stock of Cadence Bank is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Cadence Bank are expected to decrease by -0.32% in the coming year, from $3.15 to $3.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cadence Bank is 10.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.16.Price to Earnings Ratio vs. SectorThe P/E ratio of Cadence Bank is 10.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 185.32.Price to Book Value per Share RatioCadence Bank has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cadence Bank (NYSE:CADE) StockCadence Bank provides banking and financial solutions to consumers, businesses and corporations. Its services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, and personal and business insurance. The bank was founded in 2009 and is headquartered in Tupelo, MS.Read More Receive CADE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cadence Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address CADE Stock News HeadlinesJanuary 31, 2023 | seekingalpha.comCadence Bank (CADE) Q4 2022 Earnings Call TranscriptJanuary 31, 2023 | nasdaq.comCadence Ban (CADE) Declares $0.24 DividendFebruary 1, 2023 | Investing Trends (Ad)Huge Upside Potential With "Staggering" Solar DemandGlobal solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.January 31, 2023 | 247wallst.comCadence Bank Declares $0.24 DividendJanuary 30, 2023 | apnews.comCadence: Q4 Earnings SnapshotJanuary 30, 2023 | finance.yahoo.comCadence Bank Announces Fourth Quarter 2022 and Annual Financial ResultsJanuary 29, 2023 | markets.businessinsider.comHere's what Wall Street expects from Cadence Bank Registered's earnings reportJanuary 29, 2023 | finance.yahoo.comCadence Bank (NYSE:CADE) Is Increasing Its Dividend To $0.235February 1, 2023 | Investing Trends (Ad)Huge Upside Potential With "Staggering" Solar DemandGlobal solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.January 29, 2023 | americanbankingnews.comCadence Bank (CADE) Set to Announce Earnings on MondayJanuary 25, 2023 | finance.yahoo.comCadence Bank Announces Increase in Quarterly Common Dividend; Declares Preferred DividendJanuary 18, 2023 | sportsbookwire.usatoday.comAdam Hadwin odds, tips and betting trends for The American ExpressJanuary 13, 2023 | bizjournals.comTwo new members appointed to the Industrial Development BoardJanuary 12, 2023 | ftw.usatoday.comHow to Watch Austin Eckroat at the Sony Open in Hawaii: Live Stream, TV Channel, OddsJanuary 12, 2023 | ftw.usatoday.comHow to Watch Gary Woodland at the Sony Open in Hawaii: Live Stream, TV Channel, OddsJanuary 11, 2023 | sportsbookwire.usatoday.comAustin Eckroat odds, tips and betting trends for the Sony Open in HawaiiJanuary 11, 2023 | sportsbookwire.usatoday.comAnders Albertson odds, tips and betting trends for the Sony Open in HawaiiJanuary 10, 2023 | msn.comPolice search for suspects in attempted ATM burglaryJanuary 9, 2023 | msn.comSources: Houston Open making power play for spring date on 2024 PGA Tour scheduleDecember 23, 2022 | finance.yahoo.comCadence Insurance acquires Houston-based insurerDecember 18, 2022 | reuters.comCADE.DF - Cadence Bank | Stock Price & Latest News | ReutersDecember 15, 2022 | finance.yahoo.comCadence Bank Announces 2023 Share Repurchase ProgramDecember 14, 2022 | seekingalpha.comCadence Bank: Better Growth And Betas, But It Will Get Harder From HereDecember 12, 2022 | finance.yahoo.comCadence Bank and FHLB Dallas Award $16K to Nonprofit Serving Domestic Violence VictimsDecember 8, 2022 | finance.yahoo.comCadence Bank moves its sole branch in St. Louis area to a new locationDecember 5, 2022 | msn.comJill Scott to play Cadence Bank Amphitheatre May 6November 15, 2022 | msn.com2022 Cadence Bank Houston Open Purse and Payouts: How Much Money Will the Winner Take Home?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CADE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cadence Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address CADE Company Calendar Ex-Dividend for 1/3 Dividend12/14/2022Dividend Payable1/03/2023Last Earnings1/31/2023Today2/01/2023Next Earnings (Estimated)4/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSE:CADE CUSIPN/A CIK1614184 Webwww.cadencebank.com Phone(662) 680-2000Fax662-680-2570Employees6,595Year FoundedN/APrice Target and Rating Average Stock Price Forecast$29.86 High Stock Price Forecast$33.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+16.3%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.46 Trailing P/E Ratio10.74 Forward P/E Ratio8.39 P/E GrowthN/ANet Income$195.16 million Net Margins22.56% Pretax Margin22.81% Return on Equity12.97% Return on Assets1.16% Debt Debt-to-Equity Ratio0.12 Current Ratio0.73 Quick Ratio0.72 Sales & Book Value Annual Sales$2.05 billion Price / Sales1.40 Cash Flow$5.04 per share Price / Cash Flow5.24 Book Value$46.78 per share Price / Book0.56Miscellaneous Outstanding Shares108,610,000Free Float105,758,000Market Cap$2.87 billion OptionableOptionable Beta1.02 Key ExecutivesJames D. RollinsChairman & Chief Executive OfficerChristopher A. BagleyPresidentJeff JaggersChief Operating OfficerValerie C. ToalsonChief Financial OfficerCathy Smith FreemanChief Administrative OfficerKey CompetitorsInternational BancsharesNASDAQ:IBOCAtlantic Union BanksharesNASDAQ:AUBPacific Premier BancorpNASDAQ:PPBIFirst BanCorp.NYSE:FBPBank of HawaiiNYSE:BOHView All CompetitorsInsiders & InstitutionsElizabeth Park Capital Advisors Ltd.Sold 70,000 shares on 1/31/2023Ownership: 0.098%Balentine LLCBought 59,508 shares on 1/31/2023Ownership: 0.055%Ironwood Investment Management LLCSold 1,128 shares on 1/31/2023Ownership: 0.029%Signaturefd LLCBought 25,998 shares on 1/30/2023Ownership: 0.025%Versor Investments LPSold 10,579 shares on 1/30/2023Ownership: 0.013%View All Institutional Transactions CADE Stock - Frequently Asked Questions Should I buy or sell Cadence Bank stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last year. There are currently 2 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CADE shares. View CADE analyst ratings or view top-rated stocks. What is Cadence Bank's stock price forecast for 2023? 4 brokers have issued 1 year price objectives for Cadence Bank's stock. Their CADE share price forecasts range from $26.00 to $33.00. On average, they expect the company's share price to reach $30.71 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View analysts price targets for CADE or view top-rated stocks among Wall Street analysts. How have CADE shares performed in 2023? Cadence Bank's stock was trading at $24.66 at the beginning of the year. Since then, CADE shares have increased by 3.7% and is now trading at $25.58. View the best growth stocks for 2023 here. Are investors shorting Cadence Bank? Cadence Bank saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 5,150,000 shares, an increase of 5.1% from the December 15th total of 4,900,000 shares. Based on an average trading volume of 1,200,000 shares, the days-to-cover ratio is presently 4.3 days. View Cadence Bank's Short Interest. When is Cadence Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023. View our CADE earnings forecast. How were Cadence Bank's earnings last quarter? Cadence Bank (NYSE:CADE) released its quarterly earnings results on Tuesday, January, 31st. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.75 by $0.03. The business had revenue of $474.23 million for the quarter, compared to the consensus estimate of $485.08 million. Cadence Bank had a trailing twelve-month return on equity of 12.97% and a net margin of 22.56%. The firm's revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.63 earnings per share. How often does Cadence Bank pay dividends? What is the dividend yield for Cadence Bank? Cadence Bank announced a quarterly dividend on Wednesday, January 25th. Investors of record on Wednesday, March 15th will be paid a dividend of $0.235 per share on Monday, April 3rd. This represents a $0.94 annualized dividend and a yield of 3.67%. The ex-dividend date is Tuesday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.22. Read our dividend analysis for CADE. Is Cadence Bank a good dividend stock? Cadence Bank (NYSE:CADE) pays an annual dividend of $0.88 per share and currently has a dividend yield of 3.41%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CADE will have a dividend payout ratio of 28.03% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CADE. What is Sam Tortorici's approval rating as Cadence Bank's CEO? 28 employees have rated Cadence Bank Chief Executive Officer Sam Tortorici on Glassdoor.com. Sam Tortorici has an approval rating of 68% among the company's employees. What other stocks do shareholders of Cadence Bank own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cadence Bank investors own include Advanced Micro Devices (AMD), Bank of America (BAC), Pfizer (PFE), Micron Technology (MU), AT&T (T), Wells Fargo & Company (WFC), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Intel (INTC) and Walmart (WMT). When did Cadence Bank IPO? (CADE) raised $0 in an initial public offering 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. What is Cadence Bank's stock symbol? Cadence Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "CADE." Who are Cadence Bank's major shareholders? Cadence Bank's stock is owned by many different retail and institutional investors. Top institutional shareholders include Bernzott Capital Advisors (0.67%), Wedge Capital Management L L P NC (0.57%), New York State Common Retirement Fund (0.27%), Comerica Bank (0.26%), Natixis Advisors L.P. (0.24%) and New York State Teachers Retirement System (0.21%). Insiders that own company stock include David F Black, J Randall Schultz, J Richard Fredericks, J Thomas Wiley Jr, Jerry W Powell, Joseph W Evans, Kathy N Waller, Marc J Shapiro, Paul B Murphy, Jr, Precious W Owodunni, Samuel M Tortorici, Scott M Stuart and Sheila Ray. View institutional ownership trends. How do I buy shares of Cadence Bank? Shares of CADE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cadence Bank's stock price today? One share of CADE stock can currently be purchased for approximately $25.58. How much money does Cadence Bank make? Cadence Bank (NYSE:CADE) has a market capitalization of $2.78 billion and generates $2.05 billion in revenue each year. The company earns $195.16 million in net income (profit) each year or $2.46 on an earnings per share basis. How many employees does Cadence Bank have? The company employs 6,595 workers across the globe. How can I contact Cadence Bank? Cadence Bank's mailing address is 2800 POST OAK BOULEVARD SUITE 3800, HOUSTON TX, 77056. The official website for the company is www.cadencebank.com. The company can be reached via phone at (662) 680-2000, via email at vtoalson@cadencebancorporation.com, or via fax at 662-680-2570. This page (NYSE:CADE) was last updated on 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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