How Much Dividend Does Cadence Bank (CADE) Pay?

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Cadence Bank (NYSE:CADE) traded with a subtraction of -$0.2 to $26.55 on Thursday, a downside of -0.75 percent. An average of 1,547,924 shares of common stock have been traded in the last five days. There was a gain of $0.03 in the past week. The last 20 days have seen an average of 1,108,071 shares traded, while the 50-day average volume stands at 1,027,768.

CADE stock has decreased by -1.44% in the last month. The company shares reached their 1-month lowest point of $24.43 on 09/06/22. Shares of the company touched a low of $22.04 and a high of $34.24 in 52 weeks. It has reached a new high 8 times so far this year and lost -10.20% or -$3.19 in price. In spite of this, the price is down -22.46% from the 52-week high.


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Valuation Metrics

Cadence Bank (CADE) has a trailing price-to-earnings (P/E) ratio of 15.70. The stock’s beta is 1.06. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.17, the price-to-book (PB) ratio at 1.11, and the price-to-cash flow ratio at 4.88.

The company has a payout ratio of 40.70%. The company’s most recent quarterly dividend payment was $0.22 a share, without any change from last year. Its latest increase dividend $0.02 reported on Tuesday January 25 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.10 and a total debt to equity ratio of 0.10 for the quarter ending June 29. Its gross profit as reported stood at $805.73 million compared to revenue of $882.05 million.

Earnings Surprise

For the three-month period that ended June 29, Cadence Bank had $143.66 million in total debt. The analyst consensus anticipated Cadence Bank’s latest quarter earnings to come in at $0.64 per share, but it turned out to be $0.68, a 6.30% surprise. At the end of the quarter ending June 29, Cadence Bank’s stock balance sheet showed total debt was $2.33 billion. Shareholders own equity worth $182.45 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Cadence Bank (CADE) price momentum. RSI 9-day as of the close on 21 September was 53.75%, suggesting the stock is Neutral, with historical volatility in this time frame at 26.04%.

As of today, CADE’s price is $26.82 +0.11% or $0.03 from its 5-day moving average. CADE is currently trading -0.97% lower than its 20-day SMA and +6.23% higher than its 100-day SMA. However, the stock’s current price level is +16.11% above the SMA50 and -11.60% below the SMA200.

The stochastic %K and %D were 77.06% and 86.22%, respectively, and the average true range (ATR) was 0.69. With the 14-day stochastic at 68.01% and the average true range at 0.68, the RSI (14) stands at 53.40%. The stock has reached 0.26 on the 9-day MACD Oscillator while the 14-day reading was at 0.67.

Analyst Ratings

Janney upgraded Cadence Bank (NYSE: CADE) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Cadence Bank (CADE) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell CADE, while 3 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 8 others rate it as a “buy”.

What is CADE’s price target for the next 12 months?

Analysts predict a range of price targets between $27.00 and $37.00, with a median target of $31.50. Taking a look at these predictions, the average price target given by analysts for Cadence Bank (CADE) stock is $31.60.

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