NYSE:CADE Cadence Bank (CADE) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free CADE Stock Alerts $27.76 +0.59 (+2.17%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$27.07▼$28.0050-Day Range$26.09▼$29.0052-Week Range$16.95▼$31.45Volume1.33 million shsAverage Volume987,076 shsMarket Capitalization$5.07 billionP/E Ratio9.54Dividend Yield3.60%Price Target$30.65 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Cadence Bank alerts: Email Address Cadence Bank MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.55 Rating ScoreUpside/Downside10.4% Upside$30.65 Price TargetShort InterestBearish4.27% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.57Based on 17 Articles This WeekInsider TradingN/AProj. Earnings Growth14.71%From $2.38 to $2.73 Per ShareSee Full Details Hide Full Details 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.3.82 out of 5 starsFinance Sector349th out of 854 stocksState Commercial Banks Industry82nd out of 179 stocks 3.3 Analyst's Opinion Consensus RatingCadence Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageCadence Bank has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.27% of the outstanding shares of Cadence Bank have been sold short.Short Interest Ratio / Days to CoverCadence Bank has a short interest ratio ("days to cover") of 5.6.Change versus previous monthShort interest in Cadence Bank has recently increased by 12.88%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipCadence Bank is a leading dividend payer. It pays a dividend yield of 3.68%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCadence Bank has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Cadence Bank is 34.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cadence Bank will have a dividend payout ratio of 36.63% next year. This indicates that Cadence Bank will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CADE. Previous Next 2.5 News and Social Media Coverage News SentimentCadence Bank has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Cadence Bank this week, compared to 4 articles on an average week.Search Interest2 people have searched for CADE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cadence Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.63% of the stock of Cadence Bank is held by insiders.Percentage Held by Institutions84.61% of the stock of Cadence Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Cadence Bank are expected to grow by 14.71% in the coming year, from $2.38 to $2.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cadence Bank is 9.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.06.Price to Earnings Ratio vs. SectorThe P/E ratio of Cadence Bank is 9.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.52.Price to Book Value per Share RatioCadence Bank has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Whats On FinancePutin and other countries have a planDid you catch that bombshell Tucker Carlson interview with Vladimir Putin? It’s not about if you like Tucker or think Putin is the devil or whatever. It's all about the fact that the US dollar might be taking a back seat... and soon. Click to kickstart your journey to survive in the new economy About Cadence Bank Stock (NYSE:CADE)Cadence Bank provides commercial banking and financial services. Its products and services include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized and asset-based lending, commercial real estate, equipment financing, and correspondent banking services. The company's products and services also comprise small business administration lending, foreign exchange, wealth management, investment and trust, financial planning, retirement plan management, and personal and business insurance services. Cadence Bank was founded in 1876 and is headquartered in Tupelo, Mississippi.Read More CADE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CADE Stock News HeadlinesApril 22, 2024 | investorplace.comCADE Stock Earnings: Cadence Bank Beats EPS, Beats Revenue for Q1 2024April 22, 2024 | prnewswire.comCadence Bank Announces First Quarter 2024 Financial ResultsApril 23, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...April 21, 2024 | seekingalpha.comCadence Bank: Assessing Recent PainApril 20, 2024 | americanbankingnews.comDA Davidson Weighs in on Cadence Bank's Q1 2024 Earnings (NYSE:CADE)April 19, 2024 | americanbankingnews.comCadence Bank Expected to Earn FY2024 Earnings of $2.50 Per Share (NYSE:CADE)April 18, 2024 | msn.comRay LaMontagne and Gregory Alan Isakov Announce Co-Headlining Tour in 2024April 18, 2024 | markets.businessinsider.comTesla To $123? Here Are 10 Top Analyst Forecasts For ThursdayApril 23, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...April 15, 2024 | americanbankingnews.comCadence Bank (CADE) to Release Quarterly Earnings on MondayApril 13, 2024 | yahoo.comSlash and Chris Stapleton hook up for extremely lively version of Fleetwood Mac's classic Oh WellApril 13, 2024 | msn.comNew action follows second arrest in federal probe of Coast official’s CBD, kratom storesApril 11, 2024 | yahoo.comCrowded House Announce 2024 North American TourApril 11, 2024 | msn.comCrowded House Announce North American Tour in 2024April 2, 2024 | msn.comOrville Peck Announces North American Tour in 2024April 2, 2024 | yahoo.comOrville Peck Announces Expansive Stampede Tour Ahead of Willie Nelson CollabApril 1, 2024 | bizjournals.comCadence Bank makes series of executive, organizational structure changesMarch 30, 2024 | msn.comWhy naked running (without a smartwatch) is actually good for youMarch 30, 2024 | msn.comWork for a Company That Partially Pays You in Stock? Beware This PitfallMarch 30, 2024 | msn.comTony Finau matches his course-record 62 at Houston OpenMarch 29, 2024 | techcrunch.comOpenAI built a voice cloning tool, but you can’t use it… yetMarch 29, 2024 | bloomberg.comOpenAI Previews New Audio Tool That Can Read Text, Mimic VoicesMarch 29, 2024 | prnewswire.comCadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key ExecutivesMarch 29, 2024 | msn.comTokyo inflation slowdown, output slide clouds BOJ's rate hike outlookMarch 29, 2024 | msn.comScores at the Texas Children’s Houston Open could be lower than ever. Here’s whyMarch 26, 2024 | prnewswire.comCadence Bank Announces First Quarter 2024 Earnings Webcast ScheduleMarch 19, 2024 | msn.comLaw enforcement connects 24-year-old to previously unsolved bank robberySee More Headlines Receive CADE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cadence Bank and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 4/1 Dividend3/14/2024Dividend Payable4/01/2024Last Earnings4/22/2024Today4/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry State commercial banks Sub-IndustryN/A Current SymbolNYSE:CADE CUSIPN/A CIK1614184 Webwww.cadencebank.com Phone(662) 680-2000Fax662-680-2570Employees5,333Year FoundedN/APrice Target and Rating Average Stock Price Target$30.65 High Stock Price Target$34.00 Low Stock Price Target$27.00 Potential Upside/Downside+10.4%Consensus RatingModerate Buy Rating Score (0-4)2.55 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.91 Trailing P/E Ratio9.54 Forward P/E Ratio11.66 P/E GrowthN/ANet Income$542.30 million Net Margins23.33% Pretax Margin-0.04% Return on Equity9.55% Return on Assets0.86% Debt Debt-to-Equity Ratio0.09 Current Ratio0.86 Quick Ratio0.85 Sales & Book Value Annual Sales$2.19 billion Price / Sales2.31 Cash Flow$3.63 per share Price / Cash Flow7.64 Book Value$27.38 per share Price / Book1.01Miscellaneous Outstanding Shares182,660,000Free Float177,861,000Market Cap$5.07 billion OptionableOptionable Beta1.02 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. James D. Rollins III (Age 65)Chairman & CEO Comp: $3.13MMr. Christopher A. Bagley (Age 63)President Comp: $1.89MMs. Valerie C. Toalson (Age 58)Senior EVP & CFO Comp: $1.4MMr. Rudolph H. Holmes IV (Age 53)Senior EVP & Chief Banking Officer Comp: $1.53MMr. Jeffrey William Jaggers (Age 61)COO & Senior EVP Comp: $710.61kMr. Will FisackerlyExecutive VP & Director of Corporate FinanceMs. Cathy S. Freeman (Age 58)Senior EVP, Chief Administrative Officer & Secretary Comp: $509.42kMs. Shanna R. Kuzdzal (Age 45)Chief Legal Officer Mr. Sam JonesMarket PresidentMr. Ty WarrenPresident of North-West RegionMore ExecutivesKey CompetitorsBank OZKNASDAQ:OZKHome Bancshares, Inc. (Conway, AR)NYSE:HOMBUnited BanksharesNASDAQ:UBSIFirst Financial BanksharesNASDAQ:FFINProsperity BancsharesNYSE:PBView All CompetitorsInstitutional OwnershipRaymond James Financial Services Advisors Inc.Sold 34,169 shares on 4/23/2024Ownership: 0.042%Nicholas Hoffman & Company LLC.Sold 400 shares on 4/22/2024Ownership: 0.228%Raymond James & AssociatesSold 233,485 shares on 4/22/2024Ownership: 0.139%New Perspectives IncBought 7,184 shares on 4/22/2024Ownership: 0.004%Handelsinvest InvesteringsforvaltningSold 8,130 shares on 4/19/2024Ownership: 0.009%View All Institutional Transactions CADE Stock Analysis - Frequently Asked Questions Should I buy or sell Cadence Bank stock right now? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last twelve months. There are currently 6 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CADE shares. View CADE analyst ratings or view top-rated stocks. What is Cadence Bank's stock price target for 2024? 11 Wall Street research analysts have issued twelve-month target prices for Cadence Bank's stock. Their CADE share price targets range from $27.00 to $34.00. On average, they anticipate the company's stock price to reach $30.65 in the next year. This suggests a possible upside of 10.4% from the stock's current price. View analysts price targets for CADE or view top-rated stocks among Wall Street analysts. How have CADE shares performed in 2024? Cadence Bank's stock was trading at $29.59 on January 1st, 2024. Since then, CADE shares have decreased by 6.2% and is now trading at $27.76. View the best growth stocks for 2024 here. Are investors shorting Cadence Bank? Cadence Bank saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 7,800,000 shares, an increase of 12.9% from the March 15th total of 6,910,000 shares. Based on an average daily volume of 1,390,000 shares, the days-to-cover ratio is presently 5.6 days. View Cadence Bank's Short Interest. How can I listen to Cadence Bank's earnings call? Cadence Bank will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Cadence Bank's earnings last quarter? Cadence Bank (NYSE:CADE) announced its quarterly earnings data on Monday, January, 29th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.53 by $0.13. The company earned $23.15 million during the quarter, compared to analyst estimates of $433.99 million. Cadence Bank had a trailing twelve-month return on equity of 9.55% and a net margin of 23.33%. How often does Cadence Bank pay dividends? What is the dividend yield for Cadence Bank? Cadence Bank announced a quarterly dividend on Wednesday, January 24th. Investors of record on Friday, March 15th will be given a dividend of $0.25 per share on Monday, April 1st. This represents a $1.00 annualized dividend and a yield of 3.60%. The ex-dividend date is Thursday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.24. Read our dividend analysis for CADE. Is Cadence Bank a good dividend stock? Cadence Bank (NYSE:CADE) pays an annual dividend of $1.00 per share and currently has a dividend yield of 3.68%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CADE will have a dividend payout ratio of 36.63% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CADE. What ETFs hold Cadence Bank's stock? ETFs with the largest weight of Cadence Bank (NYSE:CADE) stock in their portfolio include SPDR S&P Regional Banking ETF (KRE), Invesco KBW Regional Banking ETF (KBWR), Direxion Daily Regional Banks Bull 3x Shares (DPST), SPDR S&P Bank ETF (KBE), FT Vest SMID Rising Dividend Ac (SDVD), ProShares Russell 2000 Dividend Growers ETF (SMDV), Principal U.S. Small-Cap Multi-Factor ETF (PSC) and iShares US Small Cap Value Factor ETF (SVAL). What is Sam Tortorici's approval rating as Cadence Bank's CEO? 28 employees have rated Cadence Bank Chief Executive Officer Sam Tortorici on Glassdoor.com. Sam Tortorici has an approval rating of 68% among the company's employees. What other stocks do shareholders of Cadence Bank own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cadence Bank 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 Bank IPO? Cadence Bank (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) acted as the underwriters for the IPO and Baird, Raymond James, Stephens, SunTrust Robinson Humphrey and Tudor, Pickering, Holt were co-managers. Who are Cadence Bank's major shareholders? Cadence Bank's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (0.96%), Nicholas Hoffman & Company LLC. (0.23%), Raymond James & Associates (0.14%), Raymond James Financial Services Advisors Inc. (0.04%), Wealth Enhancement Advisory Services LLC (0.03%) and State of Michigan Retirement System (0.02%). Insiders that own company stock include J Thomas Wiley Jr, Joseph W Evans, Marc J Shapiro and Sheila Ray. View institutional ownership trends. How do I buy shares of Cadence Bank? Shares of CADE 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:CADE) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill Publishingtop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest Metals Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cadence Bank Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.