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 declared 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 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, May 31st. View Cadence Bancorp's Dividend History.

Cadence Bancorp (NYSE:CADE) issued its earnings results on Wednesday, April, 25th. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.02. The firm had revenue of $116.09 million for the quarter, compared to the consensus estimate 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 brokers have issued twelve-month target prices for Cadence Bancorp's shares. 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 year. View Analyst Ratings for Cadence Bancorp.

Cadence Bancorp saw a increase in short interest during 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 daily volume of 616,023 shares, the short-interest ratio is presently 4.3 days. Approximately 9.3% of the shares of the company 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), Synovus Financial (SNV), CIT Group (CIT), BOK Financial (BOKF), First Horizon National (FHN), Webster Financial (WBS), Akbank T.A.S. (AKBTY), 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 stories about CADE stock have trended somewhat negative on Saturday, Accern Sentiment reports. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cadence Bancorp earned a news impact score of -0.05 on Accern's scale. They also assigned media stories about the company an impact score of 48.56 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few 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 bought 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 $30.05.

Cadence Bancorp has a market capitalization of $2.52 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]