With 0.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.31 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $39.18 whereas the lowest price it dropped to was $38.2907. The 52-week range on CADE shows that it touched its highest point at $40.20 and its lowest point at $24.15 during that stretch. It currently has a 1-year price target of $39.23. With its current market cap of 6.94 billion, CADE has annualized dividend of $0.98 while the current yield stands at 2.57%. Beta for the stock currently stands at 1.01.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CADE was up-trending over the past week, with a rise of 3.23%, but this was up by 13.18% over a month. Three-month performance surged to 19.12% while six-month performance rose 35.56%. The stock gained 56.37% in the past year, while it has gained 29.47% so far this year. A look at the trailing 12-month EPS for CADE yields 3.47 with Next year EPS estimates of 2.84. For the next quarter, that number is 0.69. This implies an EPS growth rate of 9296.30% for this year and 3.02% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.50%.
Float and Shares Shorts:
At present, 182.87 million CADE shares are outstanding with a float of 180.92 million shares on hand for trading. On 2024-11-15, short shares totaled 5.59 million, which was 306.0 higher than short shares on 1728950400. In addition to Mr. James D. Rollins III as the firm’s Chairman & CEO, Mr. Christopher A. Bagley serves as its President & Chief Credit Officer.
Institutional Ownership:
Through their ownership of 0.84830004 of CADE’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CADE since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CADE analysts setting a high price target of 46.0 and a low target of 34.0, the average target price over the next 12 months is 38.77273. Based on these targets, CADE could surge 20.07% to reach the target high and fall by -11.25% to reach the target low. Reaching the average price target will result in a growth of 1.21% from current levels.
Analysts have provided yearly estimates in a range of $2.77925 being high and $2.71817 being low. For CADE, this leads to a yearly average estimate of $2.75889. The surprise factor in the prior quarter was $0.61. Based on analyst estimates, the high estimate for the next quarter is $0.72 and the low estimate is $0.6. The average estimate for the next quarter is thus $0.65.
