Are Things Looking Up For Cadence Bank (NYSE: CADE)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Banks – Regional industry segment. The current market capitalization of Cadence Bank is $6.41B. A total of 1.15 million shares were traded on the day, compared to an average of 1.20M shares.

In the most recent transaction, Jackson Keith J bought 4,626 shares of CADE for 36.93 per share on Nov 06 ’24. In a previous transaction on Nov 05 ’24, ROLLINS JAMES D III bought 69,678 shares at 33.36 per share.

Among the insiders who bought shares, Braddock Edward H. acquired of 2,469 shares on Sep 03 ’24 at a per-share price of $32.27. In another insider transaction, Christopher A Bagley bought 14,601 shares at $33.39 per share on Jul 26 ’24.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Cadence Bank pays an annual dividend of $1.00, resulting in a dividend yield of 2.85%, and it has a price to earnings (P/E) ratio of 10.10. CADE’s most recent ex-dividend date was 2.95% when it declared a $0.25 quarterly dividend that was paid in cash on 12/13/2024. Previously, the company paid the dividend on 9/13/2024 with an ex-dividend date of 3%. The CADE stock dividend was $0.25 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CADE has a high of $40.20 and a low of $24.99.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $29.65, while its Total Shareholder’s Equity was $5.25B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CADE is Buy with a score of 4.18.

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