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

Cadence Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "CADE."

Cadence Bancorp announced a quarterly dividend on Tuesday, July 24th. Investors of record on Tuesday, September 4th will be paid a dividend of $0.15 per share on Monday, September 17th. This represents a $0.60 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Friday, August 31st. This is a positive change from Cadence Bancorp's previous quarterly dividend of $0.13. View Cadence Bancorp's Dividend History.

Cadence Bancorp (NYSE:CADE) posted its quarterly earnings data on Monday, July, 23rd. The company reported $0.57 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.08. The company earned $120.10 million during the quarter, compared to the consensus estimate of $119.49 million. Cadence Bancorp had a return on equity of 11.24% and a net margin of 24.49%. The company's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 EPS. View Cadence Bancorp's Earnings History.

Cadence Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Cadence Bancorp.

6 equities research analysts have issued twelve-month price objectives for Cadence Bancorp's stock. Their forecasts range from $25.00 to $35.00. On average, they expect Cadence Bancorp's stock price to reach $30.1667 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for Cadence Bancorp.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bancorp in the last year. There are currently 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cadence Bancorp.

Some companies that are related to Cadence Bancorp include Cullen/Frost Bankers (CFR), BOK Financial (BOKF), PacWest Bancorp (PACW), Webster Financial (WBS), CIT Group (CIT), First Horizon National (FHN), Synovus Financial (SNV), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), F.N.B. (FNB), TCF Financial (TCF), MB Financial (MBFI), Valley National Bancorp (VLY), Akbank T.A.S. (AKBTY) and UMB Financial (UMBF).

(CADE) raised $0 in an 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) served as the underwriters for the IPO and Baird, Raymond James, Stephens, SunTrust Robinson Humphrey and Tudor, Pickering, Holt were co-managers.

Press coverage about CADE stock has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cadence Bancorp earned a media and rumor sentiment score of 0.15 on Accern's scale. They also assigned news stories about the company an impact score of 46.97 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Cadence Bancorp.

Cadence Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.42%), Earnest Partners LLC (3.22%), FMR LLC (2.86%), Millennium Management LLC (2.66%), Citadel Advisors LLC (2.49%) and Janus Henderson Group PLC (2.37%). View Institutional Ownership Trends for Cadence Bancorp.

CADE stock was sold by a variety of institutional investors in the last quarter, including Chilton Investment Co. LLC, Acadian Asset Management LLC, Summit Trail Advisors LLC, Heartland Advisors Inc., King Luther Capital Management Corp, First Quadrant L P CA, Segall Bryant & Hamill LLC and Zacks Investment Management. View Insider Buying and Selling for Cadence Bancorp.

CADE stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Citadel Advisors LLC, BlackRock Inc., Diamond Hill Capital Management Inc., Mesirow Financial Investment Management Equity Management, Emerald Advisers Inc. PA, Braun Stacey Associates Inc. and Systematic Financial Management LP. 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, Scottrade, Fidelity and Charles Schwab.

One share of CADE stock can currently be purchased for approximately $28.83.

Cadence Bancorp has a market capitalization of $2.38 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.

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]