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The price of Cadence Bank (NYSE: CADE) closed at $30.77 in the last session, down -0.84% from day before closing price of $31.03. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 0.84 million shares were traded. CADE stock price reached its highest trading level at $31.155 during the session, while it also had its lowest trading level at $30.615.
Ratios:
We take a closer look at CADE’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on December 19, 2024, Upgraded its rating to Overweight and sets its target price to $44 from $41 previously.
On September 30, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $36 to $39.
Hovde Group reiterated its Outperform rating for the stock on July 24, 2024, while the target price for the stock was revised from $33 to $36.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 20 ’25 when FREEMAN CATHY SMITH bought 5,000 shares for $30.82 per share.
Jackson Keith J bought 4,626 shares of CADE for $170,838 on Nov 06 ’24. On Nov 05 ’24, another insider, ROLLINS JAMES D III, who serves as the Officer of the company, bought 69,678 shares for $33.36 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CADE now has a Market Capitalization of 5694788608 and an Enterprise Value of 4380856832. As of this moment, Cadence’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.11, and their Forward P/E ratio for the next fiscal year is 9.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 1.05. Its current Enterprise Value per Revenue stands at 2.544.
Stock Price History:
The Beta on a monthly basis for CADE is 0.90, which has changed by 0.07137883 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, CADE has reached a high of $40.20, while it has fallen to a 52-week low of $26.16. The 50-Day Moving Average of the stock is -6.88%, while the 200-Day Moving Average is calculated to be -6.02%.
Shares Statistics:
According to the various share statistics, CADE traded on average about 1.20M shares per day over the past 3-months and 1272650 shares per day over the past 10 days. A total of 183.53M shares are outstanding, with a floating share count of 180.98M. Insiders hold about 0.96% of the company’s shares, while institutions hold 85.70% stake in the company. Shares short for CADE as of 1741910400 were 5792678 with a Short Ratio of 4.83, compared to 1739491200 on 4875759. Therefore, it implies a Short% of Shares Outstanding of 5792678 and a Short% of Float of 3.2399999999999998.
Dividends & Splits
The forward annual dividend rate for CADE is 1.02, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.032226875The stock’s 5-year Average Dividend Yield is 3.23. The current Payout Ratio is 36.10% for CADE, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 1998-05-18 when the company split stock in a 2:1 ratio.
