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 All Access 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. $20.76 +0.20 (+0.97%) (As of 03/31/2023 04:33 PM ET) Add Compare Share Share Today's Range$20.45▼$20.8450-Day Range$19.84▼$28.1852-Week Range$19.24▼$30.95Volume1.12 million shsAverage Volume1.63 million shsMarket Capitalization$2.25 billionP/E Ratio8.44Dividend Yield4.53%Price Target$28.30 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Cadence Bank MarketRank™ ForecastAnalyst RatingModerate Buy2.63 Rating ScoreUpside/Downside36.3% Upside$28.30 Price TargetShort InterestBearish7.47% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.46Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth4.30%From $2.79 to $2.91 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.2.92 out of 5 starsFinance Sector179th out of 891 stocksState Commercial Banks Industry59th out of 187 stocks 4.3 Analyst's Opinion Consensus RatingCadence Bank has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.30, Cadence Bank has a forecasted upside of 36.3% from its current price of $20.76.Amount of Analyst CoverageCadence Bank has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.47% 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 5.2.Change versus previous monthShort interest in Cadence Bank has recently decreased by 0.86%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCadence Bank is a leading dividend payer. It pays a dividend yield of 4.46%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCadence Bank has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Cadence Bank is 38.21%. 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 32.30% 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 3.0 News and Social Media Coverage News SentimentCadence Bank has a news sentiment score of 0.46. 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 0.59 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Cadence Bank this week, compared to 3 articles on an average week.Search Interest4 people have searched for CADE on MarketBeat in the last 30 days. MarketBeat Follows11 people have added Cadence Bank to their MarketBeat watchlist in the last 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 2.21% of the stock of Cadence Bank is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Cadence Bank are expected to grow by 4.30% in the coming year, from $2.79 to $2.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cadence Bank is 8.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Cadence Bank is 8.44, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 136.31.Price to Book Value per Share RatioCadence Bank has a P/B Ratio of 0.54. 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 HeadlinesMarch 29, 2023 | forbes.comBank Stocks: Below Book Value And Dividend PayingMarch 29, 2023 | msn.comLearn Tony Finau’s shorter, faster move to better accuracyMarch 31, 2023 | WealthPop (Ad)Here’s Your Own Billion-Dollar Trading Edge (Just $0.76 a Week)2023 is a classic “stock picker’s market.” The only way to beat these markets is to pick the right stocks at the right time. Legendary trader Adam Mesh is ready to hand you his best stock pick every week… It’s the same kind of research Wall Street’s top traders use to beat the markets. Click here to get his three top picks for right now to help get you started now. March 28, 2023 | markets.businessinsider.comRBC Capital Remains a Hold on Cadence Bank (CADE)March 28, 2023 | msn.com2023 Masters picks, odds, field: Surprising PGA predictions from acclaimed golf model that nailed 8 majorsMarch 24, 2023 | finance.yahoo.comThe five-year underlying earnings growth at Cadence Bank (NYSE:CADE) is promising, but the shareholders are still in the red over that timeMarch 24, 2023 | americanbankingnews.comCadence Bank (NYSE:CADE) Price Target Cut to $25.00 by Analysts at Truist FinancialMarch 23, 2023 | bizjournals.comHouston multifamily firm lands 30 acres outside BoerneMarch 31, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 23, 2023 | americanbankingnews.comCadence Bank (NYSE:CADE) Receives Consensus Recommendation of "Moderate Buy" from BrokeragesMarch 23, 2023 | americanbankingnews.comCadence Bank (NYSE:CADE) Price Target Cut to $25.00 by Analysts at DA DavidsonMarch 22, 2023 | golfweek.usatoday.comThese WGC-Dell Technologies Match Play merchandise items will soon be collectiblesMarch 22, 2023 | businessinsider.comEmerging venture fund managers had few banking options to begin with. After Silicon Valley Bank's collapse, where do they turn now?March 22, 2023 | bizjournals.comCadence expands Mountain Brook presenceMarch 21, 2023 | bizjournals.comCadence Insurance names industry veteran as DFW market presidentMarch 21, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Cadence BankMarch 21, 2023 | ft.com‘Firefighter and policeman’: Fed faces rate rise dilemma amid banks turmoilMarch 15, 2023 | nasdaq.comRSI Alert: Cadence Bank Now OversoldMarch 15, 2023 | bizjournals.comHouston-area banks see stock prices, market caps tumble after Silicon Valley Bank failureMarch 15, 2023 | 247wallst.comOpening Bell Analysts Research Calls for Wednesday, March 15March 7, 2023 | bizjournals.com2023 Dell Match Play golf tournament will be last in AustinMarch 7, 2023 | bizjournals.comIt's official: Austin losing its pro golf tournamentMarch 6, 2023 | finance.yahoo.comSolar Costs Rising: kWh Analytics Finds a Unique Insurance SolutionMarch 1, 2023 | finance.yahoo.comOYA Renewables Closes US$216M in Construction-to-term Loans and Tax Equity Commitments for New York Community Solar Development PipelineFebruary 25, 2023 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And Cadence Bank (NYSE:CADE) Passed With EaseFebruary 22, 2023 | forbes.comCadence BankFebruary 21, 2023 | finance.yahoo.comBridge Business Credit Names New Regional ExecutivesSee 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 Earnings1/31/2023Ex-Dividend for 4/3 Dividend3/14/2023Today3/31/2023Dividend Payable4/03/2023Next 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) 680-2000Fax662-680-2570Employees6,572Year FoundedN/APrice Target and Rating Average Stock Price Forecast$28.30 High Stock Price Forecast$33.00 Low Stock Price Forecast$21.00 Forecasted Upside/Downside+37.1%Consensus RatingModerate Buy Rating Score (0-4)2.63 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$2.46 Trailing P/E Ratio8.39 Forward P/E Ratio7.40 P/E GrowthN/ANet Income$463.24 million Net Margins22.56% Pretax Margin29.19% Return on Equity13.05% Return on Assets1.15% Debt Debt-to-Equity Ratio0.11 Current Ratio0.75 Quick Ratio0.74 Sales & Book Value Annual Sales$2.05 billion Price / Sales1.09 Cash Flow$7.29 per share Price / Cash Flow2.83 Book Value$38.16 per share Price / Book0.54Miscellaneous Outstanding Shares108,610,000Free Float106,215,000Market Cap$2.24 billion OptionableOptionable Beta0.99 Key ExecutivesJames D. RollinsChairman & Chief Executive OfficerChristopher A. BagleyPresidentJeff JaggersChief Operating OfficerValerie C. ToalsonChief Financial OfficerCathy Smith FreemanChief Administrative OfficerKey CompetitorsPacific Premier BancorpNASDAQ:PPBICVB FinancialNASDAQ:CVBFTexas Capital BancsharesNASDAQ:TCBIBank of HawaiiNYSE:BOHSeacoast Banking Co. of FloridaNASDAQ:SBCFView All CompetitorsInstitutional OwnershipNeo Ivy Capital ManagementBought 4,272 shares on 3/27/2023Ownership: 0.004%Teachers Retirement System of The State of KentuckyBought 63,376 shares on 2/22/2023Ownership: 0.087%Northwestern Mutual Investment Management Company LLCSold 9,468 shares on 2/21/2023Ownership: 0.016%Macquarie Group Ltd.Sold 4,502 shares on 2/21/2023Ownership: 0.006%Northwestern Mutual Wealth Management Co.Sold 861 shares on 2/21/2023Ownership: 0.006%View All Institutional Transactions CADE Stock - Frequently Asked Questions Should I buy or sell Cadence Bank stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last year. There are currently 1 sell rating, 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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? 8 Wall Street research analysts have issued 1-year price objectives for Cadence Bank's stock. Their CADE share price forecasts range from $21.00 to $33.00. On average, they predict the company's stock price to reach $28.30 in the next year. This suggests a possible upside of 37.1% 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 start of the year. Since then, CADE stock has decreased by 16.3% and is now trading at $20.64. 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 February. As of February 28th, there was short interest totaling 8,180,000 shares, an increase of 20.6% from the February 13th total of 6,780,000 shares. Based on an average trading volume of 1,320,000 shares, the days-to-cover ratio is currently 6.2 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) announced its quarterly earnings results on Tuesday, January, 31st. The company reported $0.78 EPS 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 net margin of 22.56% and a trailing twelve-month return on equity of 13.05%. Cadence Bank's revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.63 earnings per share. How often does Cadence Bank pay dividends? What is the dividend yield for Cadence Bank? Cadence Bank declared a quarterly dividend on Wednesday, January 25th. Shareholders 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 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date of this dividend is Tuesday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.22. Read our dividend analysis for CADE. What ETFs hold Cadence Bank's stock? ETFs with the largest weight of Cadence Bank (NYSE:CADE) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), Thrivent Small-Mid Cap ESG ETF (TSME), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST), Invesco S&P MidCap Value with Momentum ETF (XMVM), Principal U.S. Small-Cap Multi-Factor ETF (PSC) and Invesco Raymond James SB-1 Equity ETF (RYJ). Is Cadence Bank a good dividend stock? Cadence Bank (NYSE:CADE) pays an annual dividend of $0.94 per share and currently has a dividend yield of 4.46%. CADE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 38.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CADE will have a dividend payout ratio of 32.30% 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 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. 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 a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.91%), Silvercrest Asset Management Group LLC (5.22%), T. Rowe Price Investment Management Inc. (3.98%), Geode Capital Management LLC (3.09%), Fuller & Thaler Asset Management Inc. (2.11%) and Norges Bank (1.75%). Insiders that own company stock include David F Black, J Randall Schultz, J Richard Fredericks, J Thomas Wiley Jr, 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 $20.64. How much money does Cadence Bank make? Cadence Bank (NYSE:CADE) has a market capitalization of $2.24 billion and generates $2.05 billion in revenue each year. The company earns $463.24 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 6,572 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 3/31/2023 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. 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