BLACK DAVID F., Chief Risk Officer, EVP, subtracted 22,500 shares of Cadence Bancorporation (CADE) from its portfolio at the rate of $21.30 per share valuing $479,250 on May 14. The insider left behind 29,685 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Cadence Bancorporation (CADE) was $19.88. Currently, the 1st Resistance Point for this stock is $20.04, with a 2nd Resistance Point sitting at $20.19. Meanwhile, this company’s stock has a 1st Support Level at $19.74 and a 2nd Support Level at $19.59. Cadence Bancorporation (CADE) stock has gained $0.42, or 2.16%, in the past five days. In the last full month, these shares have lost -$0.86, or -4.15%. In the past three months, this stock’s price has fallen by -$0.05, or -0.25%. This year-to-date, Cadence Bancorporation (CADE) shares have gained $3.10, or 18.47%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Cadence Bancorporation (CADE) stock, 0% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 0% of long-term indicators suggest that this stock is a “ Hold .”
With 128,795 K shares outstanding, this company currently has a market capitalization of $2,533,397K. Cadence Bancorporation (CADE) generates $607,300 K in annual sales, amounting to annual net income of $166,260 K. This stock has generated a 1-Year Total Return of -34.04%, a 3-Year Total Return of 0.00%, and a 5-year Total Return of 0.00%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.175 per share on 05/30/19. Its Annual Dividend Yield is 3.56%, and its Annual Dividend Rate is 0.70.
In the most recently-reported fiscal quarter, which ended in Mar-19, Cadence Bancorporation (CADE) reported earnings of $0.44 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.49 per share, representing a -0.05 difference and 10.53% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.48 represented a -0.06 difference from the consensus estimate calling for $0.54 per share, which was a 10.28% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.58 per share. This estimate came from a total of 5 Wall Street Analysts. Of those market experts, the high estimate was $0.61 and the low estimate was $0.55. In the year-ago quarter, Cadence Bancorporation (CADE) generated per-share earnings of $0.57. If the analysts are correct about the current quarter’s earnings, the growth will be +1.75% .
Turning our focus now to insider trading activity, there have been 14 purchases (132,549 shares in total) and 14 sale (85,436 shares in total) in the last 3 months. In the last 6 months, there have been 27 insider buys amounting to 1,539,662 shares and 14 insider sales amounting to 85,436 shares. In the past full year, 46 insider purchases were made (involving 4,776,459 shares) and 20 insider sell-offs equivalent to 34,672,309 shares.
Moving onto liquidity, Cadence Bancorporation (CADE) has a Current Ratio of 5.17. Looking at this company’s capital structure, its Total Debt to Total Equity is 32.80, its Total Debt to Total Capital is 24.70, and its Total Debt to Total Assets is now 3.70. Looking even further ahead into the future, its Long-Term Debt to Equity is 22.30 and its Long-Term Debt to Total Capital is 16.79.