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 announced a quarterly dividend on Wednesday, April 25th. Shareholders of record on Friday, June 1st will be given a dividend of $0.125 per share on Friday, June 15th. This represents a $0.50 annualized dividend and a yield of 1.66%. The ex-dividend date is Thursday, May 31st. View Cadence Bancorp's Dividend History.

Cadence Bancorp (NYSE:CADE) announced its quarterly earnings data on Wednesday, April, 25th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.02. The firm earned $116.09 million during the quarter, compared to analyst estimates 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 Wall Street analysts have issued twelve-month target prices for Cadence Bancorp's stock. Their forecasts range from $25.00 to $35.00. On average, they anticipate Cadence Bancorp's stock price to reach $29.20 in the next twelve months. 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 trading volume of 616,023 shares, the days-to-cover ratio is presently 4.3 days. Approximately 9.3% of the shares of the stock are short sold.

Some companies that are related to Cadence Bancorp include Cullen/Frost Bankers (CFR), PacWest Bancorp (PACW), BOK Financial (BOKF), Synovus Financial (SNV), CIT Group (CIT), Akbank T.A.S. (AKBTY), First Horizon National (FHN), Webster Bank (WBS), 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 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.

Headlines about CADE stock have trended positive this week, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cadence Bancorp earned a media sentiment score of 0.30 on Accern's scale. They also assigned headlines about the company an impact score of 45.25 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Cadence Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 acquired 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 $30.21.

Cadence Bancorp has a market capitalization of $2.51 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]