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

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

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.

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.

Cadence Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Cadence Bancorp.

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.

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.

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

(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.

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.

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.

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.

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.

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 $29.63.

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.

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]