NYSE:CADE - Cadence Bancorp Stock Price, News, Headlines & Rumors

Cadence Bancorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "CADE."

Cadence Bancorp declared 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 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Friday, August 31st. This is a boost from Cadence Bancorp's previous quarterly dividend of $0.13. View Cadence Bancorp's Dividend History.

Cadence Bancorp (NYSE:CADE) posted its quarterly earnings results on Monday, July, 23rd. The company reported $0.57 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.49 by $0.08. The company earned $120.10 million during the quarter, compared to analysts' expectations of $119.49 million. Cadence Bancorp had a net margin of 24.49% and a return on equity of 11.32%. The company's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 earnings per share. View Cadence Bancorp's Earnings History.

Cadence Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 23rd 2018. View Earnings Estimates for Cadence Bancorp.

6 analysts have issued 12-month target prices for Cadence Bancorp's shares. 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 twelve months. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets 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.

Some companies that are related to Cadence Bancorp include Cullen/Frost Bankers (CFR), BOK Financial (BOKF), PacWest Bancorp (PACW), Webster Financial (WBS), CIT Group (CIT), First Horizon National (FHN), Synovus Financial (SNV), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), Akbank T.A.S. (AKBTY), TCF Financial (TCF), F.N.B. (FNB), MB Financial (MBFI), Valley National Bancorp (VLY) and UMB Financial (UMBF).

(CADE) raised $0 in an initial public offering 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) acted as the underwriters for the IPO and Baird, Raymond James, Stephens, SunTrust Robinson Humphrey and Tudor, Pickering, Holt were co-managers.

News articles about CADE stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of news 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 -1 to 1, with scores closest to one being the most favorable. Cadence Bancorp earned a daily sentiment score of 0.16 on Accern's scale. They also assigned news coverage about the company an impact score of 47.29 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Cadence Bancorp.

Cadence Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.42%), Earnest Partners LLC (3.22%), FMR LLC (2.86%), Citadel Advisors LLC (2.49%), Janus Henderson Group PLC (2.37%) and Emerald Mutual Fund Advisers Trust (2.17%). View Institutional Ownership Trends for Cadence Bancorp.

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.

CADE stock was bought 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.

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 $28.07.

Cadence Bancorp has a market capitalization of $2.34 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]