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

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$28.82 +0.57 (+2.02 %)
(As of 08/21/2018 01:43 PM ET)
Previous Close$28.23
Today's Range$28.11 - $28.83
52-Week Range$20.00 - $31.44
Volume54,700 shs
Average Volume1.64 million shs
Market Capitalization$2.38 billion
P/E Ratio19.20
Dividend Yield1.76%
Beta0.39
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

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

Debt

Debt-to-Equity Ratio0.34
Current Ratio1.03
Quick Ratio1.02

Price-To-Earnings

Trailing P/E Ratio19.20
Forward P/E Ratio14.41
P/E GrowthN/A

Sales & Book Value

Annual Sales$430.78 million
Price / Sales5.60
Cash Flow$1.6347 per share
Price / Cash17.63
Book Value$16.25 per share
Price / Book1.77

Profitability

EPS (Most Recent Fiscal Year)$1.48
Net Income$102.35 million
Net Margins24.49%
Return on Equity11.24%
Return on Assets1.40%

Miscellaneous

Employees1,206
Outstanding Shares83,630,000
Market Cap$2.38 billion

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 Tuesday, July 24th. Investors of record on Tuesday, September 4th will be paid a dividend of $0.15 per share on Monday, September 17th. This represents a $0.60 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Friday, August 31st. This is a positive change from Cadence Bancorp's previous quarterly dividend of $0.13. View Cadence Bancorp's Dividend History.

How were Cadence Bancorp's earnings last quarter?

Cadence Bancorp (NYSE:CADE) posted its quarterly earnings data on Monday, July, 23rd. The company reported $0.57 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.08. The company earned $120.10 million during the quarter, compared to the consensus estimate of $119.49 million. Cadence Bancorp had a return on equity of 11.24% and a net margin of 24.49%. The company's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.35 EPS. 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 Tuesday, October, 23rd 2018. View Earnings Estimates for Cadence Bancorp.

What price target have analysts set for CADE?

6 equities research analysts have issued twelve-month price objectives for Cadence Bancorp's stock. Their forecasts range from $25.00 to $35.00. On average, they expect Cadence Bancorp's stock price to reach $30.1667 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Cadence Bancorp.

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. Jack Randall Schultz, Exec. VP (Age 59)

When did Cadence Bancorp IPO?

(CADE) raised $0 in an IPO on Thursday, April 13th 2017. The company issued 0 shares at $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?

Press coverage about CADE stock has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cadence Bancorp earned a media and rumor sentiment score of 0.15 on Accern's scale. They also assigned news stories about the company an impact score of 46.97 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Cadence Bancorp.

Who are Cadence Bancorp's major shareholders?

Cadence Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.42%), Earnest Partners LLC (3.22%), FMR LLC (2.86%), Millennium Management LLC (2.66%), Citadel Advisors LLC (2.49%) and Janus Henderson Group PLC (2.37%). 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 Chilton Investment Co. LLC, Acadian Asset Management LLC, Summit Trail Advisors LLC, Heartland Advisors Inc., King Luther Capital Management Corp, First Quadrant L P CA, Segall Bryant & Hamill LLC and Zacks Investment Management. View Insider Buying and Selling for Cadence Bancorp.

Which institutional investors are buying Cadence Bancorp stock?

CADE stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Citadel Advisors LLC, BlackRock Inc., Diamond Hill Capital Management Inc., Mesirow Financial Investment Management Equity Management, Emerald Advisers Inc. PA, Braun Stacey Associates Inc. and Systematic Financial Management LP. 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 $28.83.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $2.38 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:  153 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  325
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 8/21/2018 by MarketBeat.com Staff

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