NYSE:CADE Cadence Bank (CADE) Stock Price, News & Analysis → BREAKING – Pentagon to Spend $20 Billion on “Distributed AI” (From Behind the Markets) (Ad) Free CADE Stock Alerts $29.20 +0.02 (+0.07%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$28.82▼$29.3050-Day Range$26.37▼$29.3752-Week Range$17.38▼$31.45Volume625,012 shsAverage Volume1.33 million shsMarket Capitalization$5.33 billionP/E Ratio9.33Dividend Yield3.42%Price Target$31.09 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 Buy2.67 Rating ScoreUpside/Downside6.6% Upside$31.09 Price TargetShort InterestHealthy3.58% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.61Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth12.10%From $2.48 to $2.78 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.3.91 out of 5 starsFinance Sector284th out of 874 stocksState Commercial Banks Industry64th out of 176 stocks 2.3 Analyst's Opinion Consensus RatingCadence Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageCadence Bank has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Cadence Bank's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.58% 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 4.7.Change versus previous monthShort interest in Cadence Bank has recently decreased by 16.15%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldCadence Bank pays a meaningful dividend of 3.45%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCadence Bank has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Cadence Bank is 31.95%. 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 35.97% next year. This indicates that Cadence Bank will be able to sustain or increase its dividend.Read more about Cadence Bank's 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 2.6 News and Social Media Coverage News SentimentCadence Bank has a news sentiment score of 0.61. 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 4 news articles for Cadence Bank this week, compared to 4 articles on an average week.Search Interest3 people have searched for CADE on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Cadence Bank to their MarketBeat watchlist in the last 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.Read more about Cadence Bank's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Cadence Bank are expected to grow by 12.10% in the coming year, from $2.48 to $2.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cadence Bank is 9.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Cadence Bank is 9.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.71.Price to Book Value per Share RatioCadence Bank has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Cadence Bank's valuation and earnings. 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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 HeadlinesMay 2, 2024 | msn.comCat Power Extends Bob Dylan Tribute Tour: How To Get TicketsMay 1, 2024 | yahoo.comLive Nation Concert Week: $25 tickets to 5K shows, including AtlantaMay 8, 2024 | Behind the Markets (Ad)Could this Tiny Biotech End Disease Forever?Imagine a revolutionary treatment capable of editing out ANY disease. By literally "cutting" the genetic instructions that cause illness, and "pasting" in corrected DNA to restore perfect health.May 1, 2024 | msn.comTxDOT to host public meeting on proposed I-35 improvements from Belton to TempleMay 1, 2024 | yahoo.comCat Power Extends 2024 Bob Dylan Tribute TourApril 29, 2024 | benzinga.comCadence Bank Stock (NYSE:CADE), Quotes and News SummaryApril 29, 2024 | americanbankingnews.comFY2024 EPS Estimates for Cadence Bank (NYSE:CADE) Lifted by AnalystApril 27, 2024 | msn.comMonth after announcement, RFK Jr.'s running mate, Nicole Shanahan, remains in the shadowsMay 8, 2024 | Behind the Markets (Ad)Could this Tiny Biotech End Disease Forever?Imagine a revolutionary treatment capable of editing out ANY disease. By literally "cutting" the genetic instructions that cause illness, and "pasting" in corrected DNA to restore perfect health.April 27, 2024 | msn.comEvangelical Christian School taps local banking veteran Scott Hauss as next head of schoolApril 24, 2024 | prnewswire.comCadence Bank Declares Quarterly Common and Preferred DividendsApril 24, 2024 | finance.yahoo.comCadence Bank (NYSE:CADE) Q1 2024 Earnings Call TranscriptApril 24, 2024 | finance.yahoo.comQ1 2024 Cadence Bank Earnings CallApril 23, 2024 | markets.businessinsider.comDime Community Bancshares earnings: here's what to expectApril 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 21, 2024 | seekingalpha.comCadence Bank: Assessing Recent PainApril 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 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 youSee 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 Earnings4/26/2024Today5/08/2024Ex-Dividend for 7/1 Dividend6/14/2024Dividend Payable7/01/2024Next Earnings (Estimated)7/22/2024Fiscal 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$31.09 High Stock Price Target$34.00 Low Stock Price Target$27.00 Potential Upside/Downside+6.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$3.13 Trailing P/E Ratio9.32 Forward P/E Ratio11.77 P/E GrowthN/ANet Income$542.30 million Net Margins23.83% Pretax Margin2.15% Return on Equity8.97% Return on Assets0.86% Debt Debt-to-Equity Ratio0.09 Current Ratio0.85 Quick Ratio0.85 Sales & Book Value Annual Sales$2.19 billion Price / Sales2.43 Cash Flow$3.58 per share Price / Cash Flow8.16 Book Value$27.38 per share Price / Book1.07Miscellaneous Outstanding Shares182,660,000Free Float177,861,000Market Cap$5.33 billion OptionableOptionable Beta1.01 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. James D. Rollins III (Age 65)Chairman & CEO Comp: $3.13MMr. Christopher A. Bagley (Age 63)President & Chief Credit Officer Comp: $1.89MMs. Valerie C. Toalson (Age 58)Senior EVP, CFO & President of Banking Services Comp: $1.4MMr. Rudolph H. Holmes IV (Age 53)Special Advisor to the 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. Randy PetersenExecutive Managing DirectorMore ExecutivesKey CompetitorsBank OZKNASDAQ:OZKHome Bancshares, Inc. (Conway, AR)NYSE:HOMBProsperity BancsharesNYSE:PBUnited BanksharesNASDAQ:UBSISouthStateNASDAQ:SSBView All CompetitorsInstitutional OwnershipProShare Advisors LLCSold 7,832 shares on 5/8/2024Ownership: 0.171%Russell Investments Group Ltd.Bought 689 shares on 5/8/2024Ownership: 0.126%Concurrent Investment Advisors LLCSold 1,368 shares on 5/7/2024Ownership: 0.044%Sei Investments Co.Sold 12,524 shares on 5/7/2024Ownership: 0.027%SG Americas Securities LLCBought 12,047 shares on 5/7/2024Ownership: 0.011%View All Institutional Transactions CADE Stock Analysis - Frequently Asked Questions Should I buy or sell Cadence Bank stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cadence Bank in the last year. There are currently 5 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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? 12 brokers have issued 12-month target prices for Cadence Bank's shares. Their CADE share price targets range from $27.00 to $34.00. On average, they expect the company's stock price to reach $31.09 in the next twelve months. This suggests a possible upside of 6.6% 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 1.4% and is now trading at $29.17. View the best growth stocks for 2024 here. Are investors shorting Cadence Bank? Cadence Bank saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 6,540,000 shares, a drop of 16.2% from the March 31st total of 7,800,000 shares. Based on an average daily volume of 1,400,000 shares, the short-interest ratio is currently 4.7 days. View Cadence Bank's Short Interest. When is Cadence Bank's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024. View our CADE earnings forecast. How were Cadence Bank's earnings last quarter? Cadence Bank (NYSE:CADE) issued its quarterly earnings data on Friday, April, 26th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.08. The firm earned $437.69 million during the quarter, compared to analysts' expectations of $427.18 million. Cadence Bank had a trailing twelve-month return on equity of 8.97% and a net margin of 23.83%. The firm's revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.68 earnings per share. How often does Cadence Bank pay dividends? What is the dividend yield for Cadence Bank? Cadence Bank declared a quarterly dividend on Wednesday, April 24th. Investors of record on Friday, June 14th will be given a dividend of $0.25 per share on Monday, July 1st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Friday, June 14th. 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 3.45%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CADE will have a dividend payout ratio of 35.97% 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), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY), FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD), ProShares Russell 2000 Dividend Growers ETF (SMDV) and Principal U.S. Small-Cap Multi-Factor ETF (PSC). 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 a price of $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. Who are Cadence Bank's major shareholders? Cadence Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (0.96%), Principal Financial Group Inc. (0.45%), Nicholas Hoffman & Company LLC. (0.23%), ProShare Advisors LLC (0.17%), Raymond James & Associates (0.14%) and Russell Investments Group Ltd. (0.13%). 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. 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