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

Sign in or create an account to add this stock to your watchlist.
$20.07 +0.07 (+0.35 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$20.00
Today's Range$19.94 - $20.20
52-Week Range$16.13 - $31.44
Volume997,500 shs
Average Volume1.56 million shs
Market Capitalization$1.68 billion
P/E Ratio9.70
Dividend Yield3.00%
Beta1.46
Cadence 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

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$1.6095 per share
Book Value$16.25 per share

Profitability

Net Income$166.26 million

Miscellaneous

Employees1,206
Market Cap$1.68 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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, January 29th. Shareholders of record on Friday, March 1st will be given a dividend of $0.175 per share on Friday, March 15th. This represents a $0.70 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend is Thursday, February 28th. This is a positive change from Cadence Bancorp's previous quarterly dividend of $0.15. View Cadence Bancorp's Dividend History.

How were Cadence Bancorp's earnings last quarter?

Cadence Bancorp (NYSE:CADE) posted its earnings results on Monday, January, 28th. The company reported $0.50 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.54 by $0.04. The company had revenue of $124.15 million for the quarter, compared to analysts' expectations of $123.44 million. Cadence Bancorp had a net margin of 27.38% and a return on equity of 12.80%. The firm's revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the business earned $0.43 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 Wednesday, April 24th 2019. View Earnings Estimates for Cadence Bancorp.

What price target have analysts set for CADE?

8 equities research analysts have issued 12 month price targets for Cadence Bancorp's stock. Their predictions range from $18.00 to $32.00. On average, they expect Cadence Bancorp's share price to reach $27.3750 in the next twelve months. This suggests a possible upside of 36.4% 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 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cadence Bancorp.

Has Cadence Bancorp been receiving favorable news coverage?

News coverage about CADE stock has trended somewhat positive on Saturday, InfoTrie reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cadence Bancorp earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.

Are investors shorting Cadence Bancorp?

Cadence Bancorp saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,961,426 shares, a drop of 69.0% from the December 31st total of 9,562,734 shares. Based on an average daily volume of 1,698,440 shares, the days-to-cover ratio is presently 1.7 days. Currently, 3.7% of the company's stock are short sold. View Cadence Bancorp's Current Options Chain.

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 Advanced Micro Devices (AMD), Broadcom (AVGO), YY (YY), Micron Technology (MU), Alibaba Group (BABA), Colgate-Palmolive (CL), Toronto-Dominion Bank (TD), Intuitive Surgical (ISRG), Duke Energy (DUK) and General Electric (GE).

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, Chief Financial Officer (Age 53)
  • Mr. Jerry W. Powell, Gen. Counsel & Sec. (Age 70)
  • Mr. Jack Randall Schultz, Exec. VP (Age 60)

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 $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 variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.15%), Barrow Hanley Mewhinney & Strauss LLC (2.75%), Dimensional Fund Advisors LP (2.46%), Diamond Hill Capital Management Inc. (2.31%), Emerald Advisers LLC (2.14%) and Emerald Mutual Fund Advisers Trust (2.04%). Company insiders that own Cadence Bancorp stock include Cadence Bancorp, Llc, Jerry W Powell, Paul B Murphy, Jr, Samuel M Tortorici, Valerie Toalson and William B Harrison Jr. 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 Millennium Management LLC, RMB Capital Management LLC, Jane Street Group LLC, Grand Jean Capital Management Inc., Principal Financial Group Inc., Raymond James & Associates, OTA Financial Group L.P. and Mesirow Financial Investment Management Equity Management. Company insiders that have sold Cadence Bancorp company stock in the last year include Cadence Bancorp, Llc, Paul B Murphy, Jr, Samuel M Tortorici and Valerie Toalson. View Insider Buying and Selling for Cadence Bancorp.

Which institutional investors are buying Cadence Bancorp stock?

CADE stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Barrow Hanley Mewhinney & Strauss LLC, BlackRock Inc., Pwmco LLC, Geode Capital Management LLC, Southside Capital LLC, Sapience Investments LLC and Two Sigma Investments LP. Company insiders that have bought Cadence Bancorp stock in the last two years include Jerry W Powell 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, Scottrade, Fidelity and Charles Schwab.

What is Cadence Bancorp's stock price today?

One share of CADE stock can currently be purchased for approximately $20.07.

How big of a company is Cadence Bancorp?

Cadence Bancorp has a market capitalization of $1.68 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 1,206 workers across the globe.

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:  183 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  388
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 2/23/2019 by MarketBeat.com Staff

Featured Article: Mutual Funds

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.

Yahoo Gemini Pixel