NYSE:CADE - Cadence Bancorp Stock Price, Price Target & More

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$29.63 -0.42 (-1.40 %)
(As of 06/25/2018 11:38 AM ET)
Previous Close$29.86
Today's Range$29.63 - $30.10
52-Week Range$20.00 - $31.44
Volume20,990 shs
Average Volume1.39 million shs
Market Capitalization$2.51 billion
P/E Ratio20.30
Dividend Yield1.66%
Beta0.67
Cadence Bancorp logoCadence 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

Industry National commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNYSE:CADE
CUSIPN/A
Phone713-871-4000

Debt

Debt-to-Equity Ratio0.35
Current Ratio1.00
Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio20.30
Forward P/E Ratio14.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$430.78 million
Price / Sales5.75
Cash Flow$1.5922 per share
Price / Cash18.61
Book Value$16.25 per share
Price / Book1.82

Profitability

EPS (Most Recent Fiscal Year)$1.48
Net Income$102.35 million
Net Margins22.08%
Return on Equity10.00%
Return on Assets1.27%

Miscellaneous

Employees1,206
Outstanding Shares83,630,000

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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 announced a quarterly dividend on Wednesday, April 25th. Investors of record on Friday, June 1st will be paid a dividend of $0.125 per share on Friday, June 15th. This represents a $0.50 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend is Thursday, May 31st. View Cadence Bancorp's Dividend History.

How were Cadence Bancorp's earnings last quarter?

Cadence Bancorp (NYSE:CADE) released its quarterly earnings results on Wednesday, April, 25th. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.02. The firm earned $116.09 million during the quarter, compared to analyst estimates of $112.40 million. Cadence Bancorp had a net margin of 22.08% and a return on equity of 10.00%. 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, July, 25th 2018. View Earnings Estimates for Cadence Bancorp.

What price target have analysts set for CADE?

6 brokerages have issued 12 month price objectives for Cadence Bancorp's shares. Their predictions range from $25.00 to $35.00. On average, they anticipate Cadence Bancorp's stock price to reach $29.20 in the next twelve months. View Analyst Ratings for Cadence Bancorp.

Are investors shorting Cadence Bancorp?

Cadence Bancorp saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 2,668,685 shares, an increase of 78.7% from the April 30th total of 1,493,446 shares. Based on an average trading volume of 616,023 shares, the days-to-cover ratio is presently 4.3 days. Currently, 9.3% of the shares of the stock are sold short. View Cadence Bancorp's Current Options Chain.

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. R. H. Holmes IV, Exec. VP (Age 47)

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) served as the underwriters for the IPO and Baird, Raymond James, Stephens, SunTrust Robinson Humphrey and Tudor, Pickering, Holt were co-managers.

Has Cadence Bancorp been receiving favorable news coverage?

News coverage about CADE stock has been trending somewhat positive on Monday, Accern reports. The research firm scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cadence Bancorp earned a coverage optimism score of 0.16 on Accern's scale. They also assigned news articles about the company an impact score of 45.82 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are Cadence Bancorp's major shareholders?

Cadence Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.51%), Earnest Partners LLC (3.21%), Millennium Management LLC (2.26%), Lord Abbett & CO. LLC (1.28%), Boston Partners (0.94%) and New York State Common Retirement Fund (0.81%). 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 Levin Capital Strategies L.P., BNP Paribas Arbitrage SA, Chilton Investment Co. LLC, Cornercap Investment Counsel Inc. and Grand Jean Capital Management Inc.. 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 Earnest Partners LLC, Millennium Management LLC, Boston Partners, BlackRock Inc., Lord Abbett & CO. LLC, New York State Common Retirement Fund, Hsbc Holdings PLC and Wells Fargo & Company MN. 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 $29.63.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $2.51 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.

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 (CADE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  139 (Vote Underperform)
Total Votes:  267
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 6/25/2018 by MarketBeat.com Staff

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