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

Sign in or create an account to add this stock to your watchlist.
$29.58 +0.36 (+1.23 %)
(As of 07/18/2018 04:00 PM ET)
Previous Close$29.25
Today's Range$29.17 - $29.63
52-Week Range$20.00 - $31.44
Volume40,468 shs
Average Volume780,131 shs
Market Capitalization$2.43 billion
P/E Ratio19.81
Dividend Yield1.72%
Beta0.7
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.

Receive CADE News and Ratings via Email

Sign-up to receive the latest news and ratings for CADE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
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 Ratio19.81
Forward P/E Ratio14.64
P/E GrowthN/A

Sales & Book Value

Annual Sales$430.78 million
Price / Sales5.74
Cash Flow$1.6424 per share
Price / Cash18.01
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
Market Cap$2,430.98

The Truth About Cryptocurrencies

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 Wednesday, April 25th. Stockholders of record on Friday, June 1st will be given a dividend of $0.125 per share on Friday, June 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.02. The business earned $116.09 million during the quarter, compared to analysts' expectations of $112.40 million. Cadence Bancorp had a return on equity of 10.00% and a net margin of 22.08%. 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 Monday, July, 23rd 2018. View Earnings Estimates for Cadence Bancorp.

What price target have analysts set for CADE?

6 equities research analysts have issued 1-year price objectives for Cadence Bancorp's stock. Their forecasts range from $25.00 to $35.00. On average, they expect Cadence Bancorp's share price to reach $29.20 in the next twelve months. This suggests that the stock has a possible downside of 1.3%. View Analyst Ratings for Cadence Bancorp.

What is the consensus analysts' recommendation 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."

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?

Media stories about CADE stock have been trending somewhat positive this week, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cadence Bancorp earned a media sentiment score of 0.17 on Accern's scale. They also gave media headlines about the company an impact score of 47.34 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Who are Cadence Bancorp's major shareholders?

Cadence Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include OTA Financial Group L.P. (0.12%) and Fox Run Management L.L.C. (0.01%). View Institutional Ownership Trends for Cadence Bancorp.

Which institutional investors are buying Cadence Bancorp stock?

CADE stock was bought by a variety of institutional investors in the last quarter, including OTA Financial Group L.P. and Fox Run Management L.L.C.. 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 $29.58.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $2.43 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 (NYSE CADE)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  135 (Vote Outperform)
Underperform Votes:  146 (Vote Underperform)
Total Votes:  281
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 7/18/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.