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Cadre Holdings Inc - CDRE STOCK NEWS

Welcome to our dedicated news page for Cadre Holdings (Ticker: CDRE), a resource for investors and traders seeking the latest updates and insights on Cadre Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cadre Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cadre Holdings's position in the market.

Rhea-AI Summary
Cadre Holdings, Inc. (NYSE: CDRE) announced its first-quarter 2024 earnings release and conference call details. The financial results for the quarter ending on March 31, 2024, will be disclosed on May 7, 2024, after market trading. The conference call, featuring key executives, is scheduled for the same day at 5:00 p.m. ET. Warren Kanders, Brad Williams, and Blaine Browers will provide insights. Participants can join via phone or live webcast. A replay and webcast archive will be available for a time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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Rhea-AI Summary
Cadre Holdings, Inc. (CDRE) has declared a quarterly cash dividend of $0.0875 per share, totaling $0.35 on an annualized basis. Shareholders of record as of May 3, 2024, will receive the dividend on May 17, 2024. The company's future dividends are subject to the Board of Directors' discretion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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dividends
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Rhea-AI Summary
Cadre Holdings, Inc. (NYSE: CDRE) announces the pricing of a public offering of 3,638,127 shares of its common stock at $35.00 per share, including shares offered by the Company and a Selling Stockholder. The underwriters have an option to purchase additional shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.3%
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Rhea-AI Summary
Cadre Holdings, Inc. (NYSE: CDRE) announces a public offering of 3,475,000 shares of common stock, with 2,200,000 shares from the company and 1,275,000 shares from a Selling Stockholder. The net proceeds will be used for general corporate purposes, with BofA Securities as the lead book-running manager for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.85%
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Rhea-AI Summary
Cadre Holdings, Inc. (NYSE: CDRE) reports strong financial performance for 2023, achieving annual net sales of $483 million, gross margin of 41.6%, and net income of $39 million. The company also generated record annual Adjusted EBITDA and Adjusted EBITDA Margin. Cadre expects full-year 2024 net sales of $553 to $572 million and Adjusted EBITDA of $104 to $108 million.
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Rhea-AI Sentiment
End-of-Day
0.32%
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Rhea-AI Summary
Cadre Holdings, Inc. acquires Alpha Safety Intermediate, LLC for $106.5 million, expanding its presence in the nuclear safety solutions sector.
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Rhea-AI Sentiment
End-of-Day
3.5%
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Rhea-AI Summary
Cadre Holdings, Inc. (NYSE: CDRE) plans to release Q4 2023 financial results on March 5, 2024, followed by a conference call discussing financial guidance for 2024 with key executives participating.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
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Rhea-AI Summary
Cadre Holdings, Inc. (NYSE: CDRE) acquires Alpha Safety Intermediate, LLC for $106.5 million, a leading nuclear safety solutions company. Alpha Safety offers technical safety products and services with strong customer relationships and significant intellectual property. The acquisition is expected to generate $44 million in revenues by the end of 2023, enhancing Cadre's high-margin safety business platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
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News
Rhea-AI Summary
Cadre Holdings, Inc. (NYSE: CDRE) has declared a quarterly cash dividend of $0.0875 per share, representing a 9% increase on an annualized basis. The dividend payment will be made on February 16, 2024, to shareholders of record as of February 2, 2024. The decision to declare future dividends lies with the Company's Board of Directors. Chairman and CEO Warren B. Kanders attributes the increased dividend to strategic execution, strong free cash flows, and confidence in the company's fundamentals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
dividends
Rhea-AI Summary
Cadre Holdings, Inc. (NYSE: CDRE) has completed the acquisition of ICOR Technology Inc., a leading manufacturer and distributor of explosive ordnance disposal robots and specialized protective security equipment for EOD and military organizations worldwide. The acquisition is expected to be immediately accretive, with the purchase price funded through available cash on the Company’s balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.24%
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Cadre Holdings Inc

NYSE:CDRE

CDRE Rankings

CDRE Stock Data

1.34B
21.22M
40.3%
46.59%
2.68%
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