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

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$20.24 +0.51 (+2.58 %)
(As of 03/18/2019 04:00 PM ET)
Previous Close$19.73
Today's Range$19.58 - $20.25
52-Week Range$16.13 - $31.44
Volume1.17 million shs
Average Volume1.58 million shs
Market Capitalization$1.63 billion
P/E Ratio9.78
Dividend Yield3.55%
Beta1.49
Cadence Bancorporation, a financial holding company, through its subsidiary, Cadence Bank, National Association, provides commercial banking products and services to middle-market commercial 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 checking, savings, money market, and other deposit accounts. The company also provides commercial and industrial, and commercial and residential 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, and long-term care insurance products, as well as buy-sell agreements to retail and commercial customers under the Cadence Investment Services brand through financial consultants and advisors, and third party partners, as well as directly. Additionally, it offers correspondent banking products and services comprising treasury and liquidity management, Fed funds accommodation, wholesale mortgage, and commercial real estate participation services for financial institutions; and payroll and human resources services, payroll cards, and employee health insurance products. The company also provides debit and credit cards; treasury management and merchant services; employee and payroll benefit solutions; and automated clearing house, lock-box, remote deposit capture, foreign exchange, and other treasury services, as well as online, mobile, and telephone banking services. As of December 31, 2018, it operated 66 branch offices in Texas, Alabama, Florida, Mississippi, and Tennessee; and 32 branches throughout Georgia. The company also serves through ATMs and ITMs. Cadence Bancorporation was founded in 1885 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Banks - Regional - US
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone713-871-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$607.30 million
Cash Flow$2.3981 per share
Book Value$17.20 per share

Profitability

Net Income$166.26 million

Miscellaneous

Employees1,811
Market Cap$1.63 billion
Next Earnings Date4/24/2019 (Estimated)
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, January 29th. Shareholders of record on Friday, March 1st will be paid a dividend of $0.175 per share on Friday, March 15th. This represents a $0.70 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date is Thursday, February 28th. This is a boost from Cadence Bancorp's previous quarterly dividend of $0.15. View Cadence Bancorp's Dividend History.

How were Cadence Bancorp's earnings last quarter?

Cadence Bancorp (NYSE:CADE) issued its earnings results on Monday, January, 28th. The company reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by $0.04. The company earned $124.15 million during the quarter, compared to analyst estimates of $123.44 million. Cadence Bancorp had a net margin of 27.38% and a return on equity of 12.68%. Cadence Bancorp's quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 earnings per share. 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, April 24th 2019. View Earnings Estimates for Cadence Bancorp.

What price target have analysts set for CADE?

9 equities research analysts have issued 1 year price targets for Cadence Bancorp's stock. Their forecasts range from $18.00 to $32.00. On average, they anticipate Cadence Bancorp's share price to reach $26.3333 in the next year. This suggests a possible upside of 30.1% from the stock's current price. View Analyst Price Targets for Cadence Bancorp.

What is the consensus analysts' recommendation for Cadence Bancorp?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bancorp in the last year. There are currently 2 hold ratings, 6 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 headlines about CADE stock have been trending somewhat positive this week, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring 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 nearest to five being the most favorable. Cadence Bancorp earned a news impact score of 1.1 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of Cadence Bancorp's key competitors?

What other stocks do shareholders of Cadence Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cadence Bancorp investors own include Broadcom (AVGO), Micron Technology (MU), Alibaba Group (BABA), YY (YY), Advanced Micro Devices (AMD), Synovus Financial (SNV), Gulfport Energy (GPOR), Mastercard (MA), LHC Group (LHCG) and Atlassian (TEAM).

Who are Cadence Bancorp's key executives?

Cadence Bancorp's management team includes the folowing people:
  • Mr. Paul B. Murphy Jr., Chairman & CEO (Age 59)
  • Mr. Samuel Michael Tortorici, Pres (Age 53)
  • Ms. Valerie C. Toalson, Exec. VP & CFO (Age 53)
  • Mr. Jerry W. Powell, Gen. Counsel & Sec. (Age 70)
  • Mr. Jack Randall Schultz, Exec. VP (Age 60)

When did Cadence Bancorp IPO?

(CADE) raised $0 in an 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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.15%), FMR LLC (3.08%), Barrow Hanley Mewhinney & Strauss LLC (2.75%), Dimensional Fund Advisors LP (2.46%), Dimensional Fund Advisors LP (2.46%) and Diamond Hill Capital Management Inc. (2.31%). 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 institutional investors are selling Cadence Bancorp stock?

CADE stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, FMR LLC, RMB Capital Management LLC, Jane Street Group LLC, Grand Jean Capital Management Inc., Principal Financial Group Inc., Raymond James & Associates and OTA Financial Group L.P.. 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 institutional investors are buying Cadence Bancorp stock?

CADE stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Barrow Hanley Mewhinney & Strauss LLC, BlackRock Inc., Pwmco LLC, Geode Capital Management LLC, Geode Capital Management LLC and Southside Capital LLC. 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 $20.24.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $1.63 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 1,811 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:  189 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  397
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 3/18/2019 by MarketBeat.com Staff

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