S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:CADE

Cadence Bancorporation Stock Forecast, Price & News

$29.98
-1.43 (-4.55%)
(As of 11/26/2021 04:00 PM ET)
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Today's Range
$29.58
$30.25
50-Day Range
$20.10
$31.82
52-Week Range
$28.73
$32.12
Volume
1.05 million shs
Average Volume
2.03 million shs
Market Capitalization
$3.26 billion
P/E Ratio
10.86
Dividend Yield
2.55%
Beta
1.16
30 days | 90 days | 365 days | Advanced Chart
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Cadence Bancorporation logo

About Cadence Bancorporation

Provides banking services

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Employees
4,596
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.14 billion
Cash Flow
$2.80 per share
Book Value
$26.62 per share

Profitability

Net Income
$228.05 million
Pretax Margin
33.00%

Debt

Price-To-Earnings

Miscellaneous

Free Float
106,215,000
Market Cap
$3.26 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
10/22/2021
Last Earnings
10/24/2021
Dividend Payable
10/28/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/24/2022

MarketRank

Overall MarketRank

2.54 out of 5 stars

Finance Sector

242nd out of 1,340 stocks

State Commercial Banks Industry

42nd out of 233 stocks

Analyst Opinion: 1.3Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -












Cadence Bancorporation (NYSE:CADE) Frequently Asked Questions

Is Cadence Bancorporation a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cadence Bancorporation in the last twelve months. There are currently 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Cadence Bancorporation stock.
View analyst ratings for Cadence Bancorporation
or view top-rated stocks.

How has Cadence Bancorporation's stock been impacted by Coronavirus (COVID-19)?

Cadence Bancorporation's stock was trading at $8.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CADE stock has increased by 241.8% and is now trading at $29.98.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Cadence Bancorporation?

Cadence Bancorporation saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 3,810,000 shares, a drop of 70.8% from the October 31st total of 13,060,000 shares. Based on an average daily trading volume, of 1,740,000 shares, the days-to-cover ratio is presently 2.2 days.
View Cadence Bancorporation's Short Interest
.

When is Cadence Bancorporation's next earnings date?

Cadence Bancorporation is scheduled to release its next quarterly earnings announcement on Monday, January 24th 2022.
View our earnings forecast for Cadence Bancorporation
.

How were Cadence Bancorporation's earnings last quarter?

Cadence Bancorporation (NYSE:CADE) issued its quarterly earnings results on Sunday, October, 24th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.50 by $0.17. The company had revenue of $182.48 million for the quarter, compared to analyst estimates of $180.26 million. Cadence Bancorporation had a trailing twelve-month return on equity of 11.41% and a net margin of 26.11%. The business's revenue for the quarter was down 2.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.40 earnings per share.
View Cadence Bancorporation's earnings history
.

How often does Cadence Bancorporation pay dividends? What is the dividend yield for Cadence Bancorporation?

Cadence Bancorporation declared a quarterly dividend on Wednesday, October 27th. Stockholders of record on Wednesday, December 15th will be given a dividend of $0.20 per share on Monday, January 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date of this dividend is Tuesday, December 14th. This is a positive change from Cadence Bancorporation's previous quarterly dividend of $0.16.
View Cadence Bancorporation's dividend history
.

Is Cadence Bancorporation a good dividend stock?

Cadence Bancorporation pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.55%. Cadence Bancorporation has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Cadence Bancorporation is 28.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cadence Bancorporation will have a dividend payout ratio of 29.63% next year. This indicates that Cadence Bancorporation will be able to sustain or increase its dividend.
View Cadence Bancorporation's dividend history.

What price target have analysts set for CADE?

7 equities research analysts have issued 12-month price targets for Cadence Bancorporation's stock. Their forecasts range from $23.00 to $40.00. On average, they anticipate Cadence Bancorporation's share price to reach $29.00 in the next twelve months. This suggests that the stock has a possible downside of 3.3%.
View analysts' price targets for Cadence Bancorporation
or view top-rated stocks among Wall Street analysts.

Who are Cadence Bancorporation's key executives?

Cadence Bancorporation's management team includes the following people:
  • Paul B. Murphy, Chairman & Chief Executive Officer
  • Sam Tortorici, President & Chief Operating Officer
  • Valerie C. Toalson, Chief Financial Officer & Executive Vice President
  • Thomas D. Clark, Chief Information Officer & Executive VP
  • Jerry W. Powell, Secretary, Executive VP & General Counsel

What is Sam Tortorici's approval rating as Cadence Bancorporation's CEO?

28 employees have rated Cadence Bancorporation CEO Sam Tortorici on Glassdoor.com. Sam Tortorici has an approval rating of 68% among Cadence Bancorporation's employees.

What other stocks do shareholders of Cadence Bancorporation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cadence Bancorporation investors own include Advanced Micro Devices (AMD), Bank of America (BAC), Pfizer (PFE), Micron Technology (MU), AT&T (T), Wells Fargo & Company (WFC), AbbVie (ABBV), Bristol-Myers Squibb (BMY), Intel (INTC) and Walmart (WMT).

When did Cadence Bancorporation 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.

What is Cadence Bancorporation's stock symbol?

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

Who are Cadence Bancorporation's major shareholders?

Cadence Bancorporation's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.88%), Shapiro Capital Management LLC (6.10%), Dimensional Fund Advisors LP (4.86%), Versor Investments LP (3.09%), Goldman Sachs Group Inc. (1.96%) and Geode Capital Management LLC (1.85%). Company insiders that own Cadence Bancorporation stock include David F Black, J Randall Schultz, J Richard Fredericks, J Thomas Wiley Jr, Jerry W Powell, Joseph W Evans, Kathy N Waller, Marc J Shapiro, Paul B Murphy, Jr, Precious W Owodunni, Samuel M Tortorici, Scott M Stuart and Sheila Ray.
View institutional ownership trends for Cadence Bancorporation
.

Which major investors are selling Cadence Bancorporation stock?

CADE stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Citigroup Inc., Voya Investment Management LLC, Versor Investments LP, Two Sigma Advisers LP, Arrowstreet Capital Limited Partnership, Shapiro Capital Management LLC, and Two Sigma Investments LP. Company insiders that have sold Cadence Bancorporation company stock in the last year include J Randall Schultz, J Thomas Wiley Jr, Joseph W Evans, and Sheila Ray.
View insider buying and selling activity for Cadence Bancorporation
or view top insider-selling stocks.

Which major investors are buying Cadence Bancorporation stock?

CADE stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, New York State Common Retirement Fund, Deutsche Bank AG, Nicholas Hoffman & Company LLC., BlackRock Inc., Wolverine Asset Management LLC, K2 Principal Fund L.P., and Goldman Sachs Group Inc.. Company insiders that have bought Cadence Bancorporation stock in the last two years include David F Black, J Richard Fredericks, Jerry W Powell, Joseph W Evans, Kathy N Waller, Marc J Shapiro, Paul B Murphy, Jr, Precious W Owodunni, Samuel M Tortorici, and Scott M Stuart.
View insider buying and selling activity for Cadence Bancorporation
or or view top insider-buying stocks.

How do I buy shares of Cadence Bancorporation?

Shares of CADE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cadence Bancorporation's stock price today?

One share of CADE stock can currently be purchased for approximately $29.98.

How much money does Cadence Bancorporation make?

Cadence Bancorporation has a market capitalization of $3.26 billion and generates $1.14 billion in revenue each year. The company earns $228.05 million in net income (profit) each year or $2.76 on an earnings per share basis.

How many employees does Cadence Bancorporation have?

Cadence Bancorporation employs 4,596 workers across the globe.

What is Cadence Bancorporation's official website?

The official website for Cadence Bancorporation is www.cadencebank.com.

Where are Cadence Bancorporation's headquarters?

Cadence Bancorporation is headquartered at 2800 POST OAK BOULEVARD SUITE 3800, HOUSTON TX, 77056.

How can I contact Cadence Bancorporation?

Cadence Bancorporation's mailing address is 2800 POST OAK BOULEVARD SUITE 3800, HOUSTON TX, 77056. The company can be reached via phone at (662) 680-2000, via email at [email protected], or via fax at 662-680-2570.


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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