Cadence Bank (CADE)
NYSE: CADE · Real-Time Price · USD
37.99
+0.88 (2.37%)
Nov 21, 2024, 3:39 PM EST - Market open
Cadence Bank Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Cadence Bank stock have an average target of 35.5, with a low estimate of 29 and a high estimate of 40. The average target predicts a decrease of -6.55% from the current stock price of 37.99.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cadence Bank stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 4 | 4 |
| Buy | 3 | 2 | 2 | 3 | 3 | 3 |
| Hold | 5 | 6 | 6 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 11 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $35 → $36 | Hold | Maintains | $35 → $36 | -5.24% | Oct 23, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $36 → $40 | Strong Buy | Maintains | $36 → $40 | +5.29% | Oct 23, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $37 → $38 | Strong Buy | Maintains | $37 → $38 | +0.03% | Oct 23, 2024 |
| Barclays | Barclays | Hold Maintains $35 → $37 | Hold | Maintains | $35 → $37 | -2.61% | Oct 23, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $36 → $39 | Hold → Buy | Upgrades | $36 → $39 | +2.66% | Sep 30, 2024 |
Financial Forecast
Revenue This Year
1.83B
Revenue Next Year
1.93B
from 1.83B
Increased by 5.80%
EPS This Year
2.77
from 2.92
Decreased by -4.91%
EPS Next Year
2.92
from 2.77
Increased by 5.42%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 2.0B | 2.2B |
| Avg | 1.8B | 1.9B | 2.0B |
| Low | 1.7B | 1.8B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.1% | 11.4% |
| Avg | - | 5.8% | 5.1% |
| Low | - | 0.1% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.91 | 3.35 | 4.25 |
| Avg | 2.77 | 2.92 | 3.28 |
| Low | 2.62 | 2.68 | 2.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.3% | 20.7% | 45.4% |
| Avg | -4.9% | 5.4% | 12.1% |
| Low | -10.3% | -3.6% | 0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.