Cadence Bancorp Stock Price, News & Analysis (NYSE:CADE)

$17.75
+0.08 (+0.45 %)
(As of 09/23/2019 09:17 AM ET)
Today's Range
$17.58
Now: $17.75
$18.22
50-Day Range
$14.85
MA: $15.95
$18.23
52-Week Range
$14.66
Now: $17.75
$27.75
Volume4.23 million shs
Average Volume1.73 million shs
Market Capitalization$2.28 billion
P/E Ratio8.57
Dividend Yield3.96%
Beta1.8
Cadence Bancorporation, a financial holding company, through its subsidiary, Cadence Bank, National Association, provides commercial banking products and services to middle-market commercial businesses, high net worth individuals, business owners, and retail customers in the United States. The company operates through Banking and Financial Services segments. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone713-871-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$607.30 million
Cash Flow$2.3762 per share
Book Value$17.43 per share

Profitability

Net Income$166.26 million

Miscellaneous

Employees1,170
Market Cap$2.28 billion
Next Earnings Date10/28/2019 (Estimated)
OptionableOptionable

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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 Thursday, July 25th. Investors of record on Friday, August 30th will be given a dividend of $0.175 per share on Friday, September 13th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date of this dividend is Thursday, August 29th. View Cadence Bancorp's Dividend History.

How were Cadence Bancorp's earnings last quarter?

Cadence Bancorp (NYSE:CADE) announced its quarterly earnings data on Monday, July, 22nd. The company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.58 by $0.18. The firm had revenue of $192.51 million for the quarter, compared to analysts' expectations of $197.27 million. Cadence Bancorp had a net margin of 22.62% and a return on equity of 11.46%. Cadence Bancorp's quarterly revenue was up 60.3% compared to the same quarter last year. During the same period last year, the business posted $0.57 earnings per share. 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, October 28th 2019. View Earnings Estimates for Cadence Bancorp.

What price target have analysts set for CADE?

8 equities research analysts have issued 12 month price objectives for Cadence Bancorp's shares. Their predictions range from $17.00 to $28.00. On average, they expect Cadence Bancorp's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 21.1% from the stock's current price. View Analyst Price Targets for Cadence Bancorp.

What is the consensus analysts' recommendation for Cadence Bancorp?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bancorp in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cadence Bancorp.

What are Wall Street analysts saying about Cadence Bancorp stock?

Here are some recent quotes from research analysts about Cadence Bancorp stock:
  • 1. According to Zacks Investment Research, "Cadence BanCorporation is a regional bank holding company. It provides corporations, middle-market companies, small businesses and consumers banking and financial solutions. The company's services and products include commercial and business banking, treasury management, specialized lending, commercial real estate, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, business and personal insurance, consumer banking, consumer loans, mortgages, home equity lines and loans and credit cards. Cadence BanCorporation is headquartered in Houston, Texas. " (8/5/2019)
  • 2. Stephens analysts commented, "We thought trends in the quarter were solid as core loan growth was well ahead of our estimates, deposit cost & NIB funding trends were better- than-anticipated, fee income beat estimates (even incl. MSR valuation) and, importantly, credit quality metrics remained sound. The Company put a line in the sand around near-term M&A with its release, noting a 4-6 quarter pause on M&A. We expect focus on the 9:00 CT call to be on the trajectory on the NIM, growth outlook, and status of the LION acquisition (closed 7/1). We have on OW rating. KEY POINTS: Positives. Core NIM of 3.80% was ahead of our estimate for 3.78% as funding costs increased just 4 bps (vs. our +7 bps), largely due to strong NIB deposit growth (+7.0% q/q on average). Following several quarters of muted and disappointing growth trends, EOP core loan growth was an impressive 28% LQA, beating our estimate for 6.4%." (7/26/2019)

Has Cadence Bancorp been receiving favorable news coverage?

News coverage about CADE stock has trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cadence Bancorp earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Cadence Bancorp.

Who are some of Cadence Bancorp's key competitors?

What other stocks do shareholders of Cadence Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cadence Bancorp investors own include MAM Software Group (MAMS), Broadcom (AVGO), Micron Technology (MU), Regeneron Pharmaceuticals (REGN), Ultra Clean (UCTT), YY (YY), Preferred Apartment Communities (APTS), Eros International (EROS), KEMET (KEM) and Synovus Financial (SNV).

Who are Cadence Bancorp's key executives?

Cadence Bancorp's management team includes the folowing people:
  • Mr. Paul B. Murphy Jr., Chairman & CEO (Age 59)
  • Mr. Samuel Michael Tortorici, Pres (Age 53)
  • Ms. Valerie C. Toalson, Exec. VP & CFO (Age 53)
  • Mr. Jerry W. Powell, Gen. Counsel & Sec. (Age 70)
  • Mr. Rudolph H. Holmes IV, Exec. VP (Age 48)

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.

Who are Cadence Bancorp's major shareholders?

Cadence Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.74%), BlackRock Inc. (8.00%), BlackRock Inc. (8.00%), JPMorgan Chase & Co. (3.52%), Janus Henderson Group PLC (2.80%) and Janus Henderson Group PLC (2.80%). Company insiders that own Cadence Bancorp stock include Cadence Bancorp, Llc, David F Black, J Richard Fredericks, J Thomas Wiley Jr, Jerry W Powell, Joseph W Evans, Kathy N Waller, Paul B Murphy Jr, Paul B Murphy, Jr, Precious W Owodunni, Rudolph H Holmes, Samuel M Tortorici, Valerie Toalson and William B Harrison Jr. View Institutional Ownership Trends for Cadence Bancorp.

Which major investors are selling Cadence Bancorp stock?

CADE stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Allianz Asset Management GmbH, Southside Capital LLC, RE Advisers Corp, BlackRock Inc., BlackRock Inc., Atlanta Capital Management Co. L L C and Sapience Investments LLC. Company insiders that have sold Cadence Bancorp company stock in the last year include David F Black, J Thomas Wiley Jr and Joseph W Evans. View Insider Buying and Selling for Cadence Bancorp.

Which major investors are buying Cadence Bancorp stock?

CADE stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Prudential PLC, United Capital Financial Advisers LLC, Davis Capital Partners LLC, Prudential Financial Inc., Chilton Investment Co. LLC, Diamond Hill Capital Management Inc. and Fidelity National Financial Inc.. Company insiders that have bought Cadence Bancorp stock in the last two years include J Richard Fredericks, Jerry W Powell, Kathy N Waller, Paul B Murphy Jr, Precious W Owodunni, Rudolph H Holmes, Samuel M Tortorici, Valerie Toalson and William B Harrison Jr. 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, Robinhood, Fidelity and Charles Schwab.

What is Cadence Bancorp's stock price today?

One share of CADE stock can currently be purchased for approximately $17.75.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $2.28 billion and generates $607.30 million in revenue each year. The company earns $166.26 million in net income (profit) each year or $2.07 on an earnings per share basis. Cadence Bancorp employs 1,170 workers across the globe.View Additional Information About Cadence Bancorp.

What is Cadence Bancorp's official website?

The official website for Cadence Bancorp is http://www.cadencebank.com/.

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:  221 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  468
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 9/23/2019 by MarketBeat.com Staff

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