Should I buy or sell Cadre stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cadre in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CDRE shares. View CDRE analyst ratings or view top-rated stocks .

What is Cadre's stock price target for 2024?

5 Wall Street analysts have issued 12-month price objectives for Cadre's shares. Their CDRE share price targets range from $34.00 to $48.00. On average, they expect the company's share price to reach $41.25 in the next year. This suggests a possible upside of 25.1% from the stock's current price. View analysts price targets for CDRE or view top-rated stocks among Wall Street analysts .

How have CDRE shares performed in 2024?

Cadre's stock was trading at $32.89 on January 1st, 2024. Since then, CDRE stock has increased by 0.2% and is now trading at $32.97. View the best growth stocks for 2024 here .

Are investors shorting Cadre?

Cadre saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 919,200 shares, an increase of 16.7% from the February 29th total of 787,800 shares. Based on an average trading volume of 230,400 shares, the short-interest ratio is currently 4.0 days. Approximately 3.8% of the company's shares are short sold. View Cadre's Short Interest .

When is Cadre's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our CDRE earnings forecast .

How were Cadre's earnings last quarter?

Cadre Holdings, Inc. (NYSE:CDRE) issued its earnings results on Tuesday, March, 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.11. The company had revenue of $124.58 million for the quarter, compared to the consensus estimate of $122.30 million. Cadre had a net margin of 8.01% and a trailing twelve-month return on equity of 21.85%.

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

Cadre announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Friday, February 2nd will be given a dividend of $0.0875 per share on Friday, February 16th. This represents a $0.35 annualized dividend and a yield of 1.06%. The ex-dividend date is Thursday, February 1st. This is a positive change from the stock's previous quarterly dividend of $0.08. Read our dividend analysis for CDRE .

Is Cadre a good dividend stock?

Cadre (NYSE:CDRE) pays an annual dividend of $0.35 per share and currently has a dividend yield of 1.04%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDRE will have a dividend payout ratio of 26.32% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CDRE .

What ETFs hold Cadre's stock?

ETFs with the largest weight of Cadre (NYSE:CDRE) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD) , SPDR S&P Aerospace & Defense ETF (XAR) , Invesco Aerospace & Defense ETF (PPA) and iShares U.S. Aerospace & Defense ETF (ITA) . Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) .

What guidance has Cadre issued on next quarter's earnings?

Cadre issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $553.0 million-$572.0 million, compared to the consensus revenue estimate of $534.0 million.

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

Who are Cadre's major shareholders?

Cadre's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.04%) and Hennion & Walsh Asset Management Inc. (0.03%). Insiders that own company stock include Blaine Browers, Brad Williams, Nicolas Sokolow and Warren B Kanders. View institutional ownership trends .

How do I buy shares of Cadre?

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

NYSE:CDRE

Cadre (CDRE) Stock Price, News & Analysis

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Free CDRE Stock Alerts

$32.97

-0.13 (-0.39%)

(As of 04/18/2024 ET)

Compare

Today's Range: $32.75
▼
$33.78
50-Day Range: $32.97
▼
$39.49
52-Week Range: $19.13
▼
$39.81

Volume: 214,906 shs
Average Volume: 256,682 shs
Market Capitalization: $1.24 billion

P/E Ratio: 32.32
Dividend Yield: 1.06%
Price Target: $41.25

Get Cadre alerts:

Cadre MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 25.1% Upside
$41.25 Price Target
Short Interest: Bearish
4.44% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.33
Based on 4 Articles This Week
Insider Trading: Selling Shares
$50.33 M Sold Last Quarter
Proj. Earnings Growth: 12.71%
From $1.18 to $1.33 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.10 out of 5 stars

Industrial Products Sector

71st out of 163 stocks

Surgical Appliances & Supplies Industry

11th out of 18 stocks

4.3

Analyst's Opinion

Consensus Rating
Cadre has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Cadre has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
4.44% of the float of Cadre has been sold short.
Short Interest Ratio / Days to Cover
Cadre has a short interest ratio ("days to cover") of 4.1.
Change versus previous month
Short interest in Cadre has recently increased by 16.41%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Cadre pays a meaningful dividend of 1.04%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cadre has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Cadre is 34.31%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cadre will have a dividend payout ratio of 26.32% next year. This indicates that Cadre will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CDRE.

1.5

News and Social Media Coverage

News Sentiment
Cadre has a news sentiment score of -0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Cadre this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for CDRE on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.
MarketBeat Follows
4 people have added Cadre to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cadre insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,334,445.00 in company stock.
Percentage Held by Insiders
49.20% of the stock of Cadre is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
43.95% of the stock of Cadre is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Cadre are expected to grow by 12.71% in the coming year, from $1.18 to $1.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cadre is 32.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cadre is 32.32, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 21.29.
Price to Earnings Growth Ratio
Cadre has a PEG Ratio of 1.77. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Cadre has a P/B Ratio of 6.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Cadre Stock (NYSE:CDRE)

Cadre Holdings, Inc. manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products. The company also offers third-party products, such as uniforms, optics, boots, firearms, and ammunition. It serves first responders, such as state and local law enforcement, fire and rescue, explosive ordnance disposal technicians, emergency medical technicians, fishing, and wildlife enforcement and departments of corrections, as well as federal agencies including the U.S. Department of State, U.S. Department of Defense, U.S. Department of Interior, U.S. Department of Justice, U.S. Department of Homeland Security, U.S. Department of Corrections, the Department of Energy, Los Alamos National Laboratories, Waste Isolation Plant, and various foreign government agencies. Cadre Holdings, Inc. was founded in 1964 and is headquartered in Jacksonville, Florida.

CDRE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CDRE Stock News Headlines

March 21, 2024 | insidertrades.com

Cadre Holdings, Inc. (NYSE:CDRE) CEO Sells $50,334,445.00 in Stock

April 19, 2024 | americanbankingnews.com

Contrasting Cadre (NYSE:CDRE) and ReWalk Robotics (NASDAQ:LFWD)

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April 15, 2024 | americanbankingnews.com

Cadre Holdings, Inc. to Post Q2 2024 Earnings of $0.23 Per Share, B. Riley Forecasts (NYSE:CDRE)

March 31, 2024 | finance.yahoo.com

Cadre Holdings, Inc.'s (NYSE:CDRE) large institutional owners must be happy as stock continues to impress, up 4.6% over the past week

March 14, 2024 | msn.com

US Senate not moving to fast-track House bill for TikTok divestiture

March 14, 2024 | businesswire.com

Cadre Holdings Announces Pricing of Public Primary and Secondary Offering of Common Stock

March 13, 2024 | msn.com

Cadre launches public primary and secondary offering of common stock

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 13, 2024 | businesswire.com

Cadre Holdings Announces Launch of Public Primary and Secondary Offering of Common Stock

March 9, 2024 | finance.yahoo.com

Cadre Holdings, Inc. Just Beat EPS By 8.1%: Here's What Analysts Think Will Happen Next

March 7, 2024 | seekingalpha.com

Cadre Holdings, Inc. (CDRE) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

Cadre Holdings, Inc. (NYSE:CDRE) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

Cadre Holdings Inc (CDRE) Reports Solid Growth in 2023 Earnings

March 6, 2024 | markets.businessinsider.com

Here's what Wall Street expects from Cadre's earnings

March 6, 2024 | benzinga.com

Cadre Hldgs: Q4 Earnings Insights

March 6, 2024 | realmoney.thestreet.com

Cadre price target raised by $5 at Roth MKM, here's why

March 6, 2024 | gurufocus.com

Q4 2023 Cadre Holdings Inc Earnings Call Transcript

March 5, 2024 | investorplace.com

CDRE Stock Earnings: Cadre Hldgs Beats EPS, Beats Revenue for Q4 2023

March 5, 2024 | businesswire.com

Cadre Holdings Reports Fourth Quarter and Full Year 2023 Financial Results

March 4, 2024 | businesswire.com

Cadre Holdings Completes Acquisition of Alpha Safety

February 28, 2024 | finance.yahoo.com

A Look At The Intrinsic Value Of Cadre Holdings, Inc. (NYSE:CDRE)

February 26, 2024 | finance.yahoo.com

Are Industrial Products Stocks Lagging Cintas (CTAS) This Year?

February 26, 2024 | seekingalpha.com

Cadre Holdings: Rapidly Becoming A Disciplined M&A Growth Play

February 23, 2024 | fr.investing.com

Cadre Holdings acquiert une entreprise de sécurité nucléaire pour 106,5 millions de dollars

February 22, 2024 | businesswire.com

Cadre Holdings to Announce Fourth Quarter and Full Year 2023 Earnings and 2024 Financial Guidance on March 5, 2024

February 20, 2024 | bizjournals.com

Jax-based Cadre poised for growth after acquisition

See More Headlines

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Company Calendar

Ex-Dividend for 2/16 Dividend: 2/01/2024
Dividend Payable: 2/16/2024
Last Earnings: 3/05/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Industrial Products
Industry: Surgical appliances & supplies
Sub-Industry: N/A
Current Symbol: NYSE:CDRE
CUSIP: N/A
CIK: 1860543
Web: www.cadre-holdings.com
Phone: 904-741-5400
Fax: N/A
Employees: 2,435
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $41.25
High Stock Price Target: $48.00
Low Stock Price Target: $34.00
Potential Upside/Downside: +25.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.02
Trailing P/E Ratio: 32.32
Forward P/E Ratio: 27.94
P/E Growth: 1.77
Net Income: $38.64 million
Net Margins: 8.01%
Pretax Margin: 10.97%
Return on Equity: 21.85%
Return on Assets: 9.82%

Debt

Debt-to-Equity Ratio: 0.65
Current Ratio: 2.58
Quick Ratio: 1.73

Sales & Book Value

Annual Sales: $482.53 million
Price / Sales: 2.57
Cash Flow: $1.50 per share
Price / Cash Flow: 21.98
Book Value: $5.25 per share
Price / Book: 6.28

Miscellaneous

Outstanding Shares: 37,590,000
Free Float: 19,094,000
Market Cap: $1.24 billion
Optionable: Optionable
Beta: 1.32

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Key Executives

Mr. Warren B. Kanders (Age 66)
Executive Chairman & CEO
Comp: $2.77M
Mr. Brad E. Williams (Age 49)
President
Comp: $1.27M
Mr. Blaine Browers (Age 44)
Chief Financial Officer
Comp: $948.39k
Gray Hudkins
Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CDRE Stock Analysis - Frequently Asked Questions

Should I buy or sell Cadre stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cadre in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CDRE shares.
View CDRE analyst ratings or view top-rated stocks.
What is Cadre's stock price target for 2024?: 5 Wall Street analysts have issued 12-month price objectives for Cadre's shares. Their CDRE share price targets range from $34.00 to $48.00. On average, they expect the company's share price to reach $41.25 in the next year. This suggests a possible upside of 25.1% from the stock's current price.
View analysts price targets for CDRE or view top-rated stocks among Wall Street analysts.
How have CDRE shares performed in 2024?: Cadre's stock was trading at $32.89 on January 1st, 2024. Since then, CDRE stock has increased by 0.2% and is now trading at $32.97.
View the best growth stocks for 2024 here.
Are investors shorting Cadre?: Cadre saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 919,200 shares, an increase of 16.7% from the February 29th total of 787,800 shares. Based on an average trading volume of 230,400 shares, the short-interest ratio is currently 4.0 days. Approximately 3.8% of the company's shares are short sold.
View Cadre's Short Interest.
When is Cadre's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our CDRE earnings forecast.
How were Cadre's earnings last quarter?: Cadre Holdings, Inc. (NYSE:CDRE) issued its earnings results on Tuesday, March, 5th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.11. The company had revenue of $124.58 million for the quarter, compared to the consensus estimate of $122.30 million. Cadre had a net margin of 8.01% and a trailing twelve-month return on equity of 21.85%.
How often does Cadre pay dividends? What is the dividend yield for Cadre?: Cadre announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Friday, February 2nd will be given a dividend of $0.0875 per share on Friday, February 16th. This represents a $0.35 annualized dividend and a yield of 1.06%. The ex-dividend date is Thursday, February 1st. This is a positive change from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for CDRE.

Is Cadre a good dividend stock?: Cadre (NYSE:CDRE) pays an annual dividend of $0.35 per share and currently has a dividend yield of 1.04%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDRE will have a dividend payout ratio of 26.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CDRE.
What ETFs hold Cadre's stock?: ETFs with the largest weight of Cadre (NYSE:CDRE) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), SPDR S&P Aerospace & Defense ETF (XAR), Invesco Aerospace & Defense ETF (PPA) and iShares U.S. Aerospace & Defense ETF (ITA).Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN).
What guidance has Cadre issued on next quarter's earnings?: Cadre issued an update on its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $553.0 million-$572.0 million, compared to the consensus revenue estimate of $534.0 million.
When did Cadre IPO?: Cadre (CDRE) raised $78 million in an IPO on Thursday, November 4th 2021. The company issued 6,000,000 shares at a price of $12.00-$14.00 per share.
Who are Cadre's major shareholders?: Cadre's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.04%) and Hennion & Walsh Asset Management Inc. (0.03%). Insiders that own company stock include Blaine Browers, Brad Williams, Nicolas Sokolow and Warren B Kanders.
View institutional ownership trends.
How do I buy shares of Cadre?: Shares of CDRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CDRE) was last updated on 4/19/2024 by MarketBeat.com Staff

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