Cadre (CDRE) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadre in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CDRE shares.
View CDRE analyst ratings or view top-rated stocks.

5 Wall Street analysts have issued 12 month price objectives for Cadre's shares. Their CDRE share price forecasts range from $25.00 to $38.00. On average, they anticipate the company's stock price to reach $30.86 in the next twelve months. This suggests a possible upside of 46.5% from the stock's current price.
View analysts price targets for CDRE or view top-rated stocks among Wall Street analysts.

Cadre's stock was trading at $20.14 at the beginning of the year. Since then, CDRE shares have increased by 4.6% and is now trading at $21.06.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our CDRE earnings forecast.

Cadre Holdings, Inc. (NYSE:CDRE) issued its quarterly earnings data on Wednesday, March, 15th. The company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.02. The firm had revenue of $123.65 million for the quarter, compared to analysts' expectations of $114.77 million. Cadre had a trailing twelve-month return on equity of 16.23% and a net margin of 4.94%.

Cadre announced a quarterly dividend on Thursday, April 27th. Investors of record on Friday, May 5th will be paid a dividend of $0.08 per share on Friday, May 19th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend is Thursday, May 4th.
Read our dividend analysis for CDRE.

Cadre (NYSE:CDRE) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.51%. The dividend payout ratio is 52.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDRE will have a dividend payout ratio of 31.07% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CDRE.

Cadre updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $463.00 million-$493.00 million, compared to the consensus revenue estimate of $478.68 million.

(CDRE) raised $78 million in an IPO on Thursday, November 4th 2021. The company issued 6,000,000 shares at $12.00-$14.00 per share.

Cadre trades on the New York Stock Exchange (NYSE) under the ticker symbol "CDRE."

Cadre's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (9.30%), Greenhouse Funds LLLP (5.06%), BlackRock Inc. (2.90%), State Street Corp (0.91%), Geode Capital Management LLC (0.85%) and Price T Rowe Associates Inc. MD (0.84%). Insiders that own company stock include Nicolas Sokolow and Warren B Kanders.
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Shares of CDRE stock 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.
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One share of CDRE stock can currently be purchased for approximately $21.06.

Cadre (NYSE:CDRE) has a market capitalization of $791.65 million and generates $457.84 million in revenue each year. The company earns $5.82 million in net income (profit) each year or $0.61 on an earnings per share basis.

The company employs 2,274 workers across the globe.

The official website for the company is www.cadre-holdings.com. The company can be reached via phone at 904-741-5400 or via email at ir@cadre-holdings.com.