Should I buy or sell Cass Information Systems stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cass Information Systems in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CASS shares. View CASS analyst ratings or view top-rated stocks .

What is Cass Information Systems' stock price target for 2024?

1 Wall Street analysts have issued 12-month price objectives for Cass Information Systems' shares. Their CASS share price targets range from $51.00 to $51.00. On average, they expect the company's share price to reach $51.00 in the next year. This suggests a possible upside of 15.6% from the stock's current price. View analysts price targets for CASS or view top-rated stocks among Wall Street analysts .

How have CASS shares performed in 2024?

Cass Information Systems' stock was trading at $45.05 on January 1st, 2024. Since then, CASS stock has decreased by 2.1% and is now trading at $44.12. View the best growth stocks for 2024 here .

When is Cass Information Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024. View our CASS earnings forecast .

How were Cass Information Systems' earnings last quarter?

Cass Information Systems, Inc. (NASDAQ:CASS) announced its quarterly earnings results on Thursday, January, 25th. The business services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.13. The business services provider earned $50.74 million during the quarter, compared to analysts' expectations of $48.33 million. Cass Information Systems had a net margin of 15.22% and a trailing twelve-month return on equity of 13.84%.

How often does Cass Information Systems pay dividends? What is the dividend yield for Cass Information Systems?

Cass Information Systems declared a quarterly dividend on Tuesday, January 23rd. Investors of record on Tuesday, March 5th will be given a dividend of $0.30 per share on Friday, March 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Monday, March 4th. Read our dividend analysis for CASS .

Is Cass Information Systems a good dividend stock?

Cass Information Systems (NASDAQ:CASS) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.68%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 55.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CASS will have a dividend payout ratio of 36.81% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CASS .

What ETFs hold Cass Information Systems' stock?

ETFs with the largest weight of Cass Information Systems (NASDAQ:CASS) stock in their portfolio include ProShares S&P Technology Dividend Aristocrats ETF (TDV) and Ballast Small/Mid Cap ETF (MGMT) . Roundhill Acquirers Deep Value ETF (DEEP) .

What is Eric H. Brunngraber's approval rating as Cass Information Systems' CEO?

71 employees have rated Cass Information Systems Chief Executive Officer Eric H. Brunngraber on Glassdoor.com . Eric H. Brunngraber has an approval rating of 57% among the company's employees. This puts Eric H. Brunngraber in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 70.0% of employees surveyed would recommend working at Cass Information Systems to a friend.

What other stocks do shareholders of Cass Information Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cass Information Systems investors own include Pfizer (PFE) , AT&T (T) , International Paper (IP) , Verizon Communications (VZ) , Exxon Mobil (XOM) , AbbVie (ABBV) , CenterPoint Energy (CNP) , CVS Health (CVS) , Dominion Energy (D) and International Business Machines (IBM) .

Who are Cass Information Systems' major shareholders?

Cass Information Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (2.21%), Allspring Global Investments Holdings LLC (0.54%), Los Angeles Capital Management LLC (0.41%), Compass Ion Advisors LLC (0.03%), Dumont & Blake Investment Advisors LLC (0.03%) and Salem Investment Counselors Inc. (0.02%). Insiders that own company stock include Gary B Langfitt , Martin H Resch and Michael James Normile. View institutional ownership trends .

How do I buy shares of Cass Information Systems?

Shares of CASS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CASS

Cass Information Systems (CASS) Stock Price, News & Analysis

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Free CASS Stock Alerts

$44.12

+0.44 (+1.01%)

(As of 12:08 PM ET)

Compare

Today's Range: $43.20
▼
$44.24
50-Day Range: $43.68
▼
$48.43
52-Week Range: $35.05
▼
$50.25

Volume: 12,366 shs
Average Volume: 41,400 shs
Market Capitalization: $601.36 million

P/E Ratio: 20.24
Dividend Yield: 2.72%
Price Target: $51.00

Get Cass Information Systems alerts:

Cass Information Systems MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 15.6% Upside
$51.00 Price Target
Short Interest: Healthy
1.54% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.79
Upright™ Environmental Score
News Sentiment: -0.15
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 18.98%
From $2.74 to $3.26 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.64 out of 5 stars

Computer And Technology Sector

72nd out of 582 stocks

Business Services, Not Elsewhere Classified Industry

10th out of 88 stocks

2.5

Analyst's Opinion

Consensus Rating
Cass Information Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Cass Information Systems has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.54% of the float of Cass Information Systems has been sold short.
Short Interest Ratio / Days to Cover
Cass Information Systems has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in Cass Information Systems has recently decreased by 4.85%, indicating that investor sentiment is improving.

4.2

Dividend Strength

Dividend Yield
Cass Information Systems pays a meaningful dividend of 2.68%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cass Information Systems has been increasing its dividend for 22 years.
Dividend Coverage
The dividend payout ratio of Cass Information Systems is 55.05%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cass Information Systems will have a dividend payout ratio of 36.81% next year. This indicates that Cass Information Systems will be able to sustain or increase its dividend.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cass Information Systems has received a 50.17% net impact score from Upright. Cass Information Systems seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Supply chain visibility software", "Supply chain auditing services", and "Logistics management software" products. See details.
Environmental Sustainability
The Environmental Impact score for Cass Information Systems is -0.79.

1.6

News and Social Media Coverage

News Sentiment
Cass Information Systems has a news sentiment score of -0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Cass Information Systems this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for CASS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
2 people have added Cass Information Systems to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cass Information Systems insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.39% of the stock of Cass Information Systems is held by insiders.
Percentage Held by Institutions
59.08% of the stock of Cass Information Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cass Information Systems are expected to grow by 18.98% in the coming year, from $2.74 to $3.26 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cass Information Systems is 20.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.39.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cass Information Systems is 20.24, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 228.45.
Price to Book Value per Share Ratio
Cass Information Systems has a P/B Ratio of 2.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Cass Information Systems Stock (NASDAQ:CASS)

Cass Information Systems, Inc. provides payment and information processing services to manufacturing, distribution, and retail enterprises in the United States. The company operates through two segments, Information Services and Banking Services. Its services include freight invoice rating, payment processing, auditing, and the generation of accounting and transportation information. The company also processes and pays facility-related invoices, such as electricity, gas, waste, and telecommunications expenses; and provides telecom expense management solutions, as well as church management software solution and on-line platform to provide generosity services for faith-based and non-profit organizations. In addition, the company, through its banking subsidiary, Cass Commercial Bank, provides a range of banking products and services, such as demand, savings, time, and money market deposits; commercial, industrial, commercial real estate, and construction and land development loans; and cash management services to privately held businesses, restaurant franchises, and faith-related ministries. Further, it provides B2B payment platform for clients that require an agile fintech partner. It operates through its banking facility near downtown St. Louis, Missouri; operating branch in the Bridgeton, Missouri; and leased facilities in Colorado Springs, Colorado. The company was formerly known as Cass Commercial Corporation and changed its name to Cass Information Systems, Inc. in January 2001. Cass Information Systems, Inc. was founded in 1906 and is headquartered in Saint Louis, Missouri.

CASS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CASS Stock News Headlines

April 18, 2024 | washingtonpost.com

Cass: Q1 Earnings Snapshot

April 18, 2024 | gurufocus.com

Cass Information Systems Inc (CASS) Q1 Earnings: Misses EPS Estimates, Reports Modest Revenue Growth

April 19, 2024 | TradingTips (Ad)

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April 18, 2024 | markets.businessinsider.com

Cass Information Systems Inc. Q1 Profit Advances

April 18, 2024 | businesswire.com

Cass Information Systems Reports First Quarter 2024 Results

April 18, 2024 | americanbankingnews.com

Cass Information Systems (NASDAQ:CASS) Lowered to "Hold" at StockNews.com

April 14, 2024 | theguardian.com

The Observer view on the Cass review: children were catastrophically failed by the medical profession

April 14, 2024 | msn.com

Bombshell trans report shows ideologues railroad kids into irreversible treatments with no evidence

April 19, 2024 | TradingTips (Ad)

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April 14, 2024 | msn.com

The Cass Review shows it’s a disaster for professionals to confuse opinion with expertise

April 14, 2024 | americanbankingnews.com

Cass Information Systems (CASS) Set to Announce Earnings on Monday

April 7, 2024 | msn.com

Eye of Sauron: Small suitcase-sized laser tech to track chemical attacks

April 3, 2024 | finance.yahoo.com

CHRISTUS St. Michael Health System Expands Support for Children's Mental Health in Texarkana

April 3, 2024 | msn.com

Autism assessment funding to help Adelaide school students get earlier access

March 28, 2024 | businesswire.com

Upgrade Your Equipment, Elevate Your Business: Cass Commercial Bank Launches New Equipment Finance Division

March 28, 2024 | msn.com

NFL draft: New service details released about Detroit public transit options

March 27, 2024 | bizjournals.com

St. Louis public firm files $14M complaint against Kentucky company

March 18, 2024 | msn.com

Question time interrupted by Gaza protesters – as it happened

March 17, 2024 | msn.com

Australia politics live: cost of living debated in the House; Greens motion to end support for Israel’s Gaza invasion voted down

March 17, 2024 | msn.com

‘They are assets, they are not liabilities’: Haitian-American pastor’s leadership shines amid migrant crisis

March 16, 2024 | finance.yahoo.com

Pleasing Signs As A Number Of Insiders Buy Cass Information Systems Stock

March 15, 2024 | bizjournals.com

U-City bank creates new C-suite position, plans for CEO succession

March 12, 2024 | msn.com

Mass. migrants still sleeping at Boston Logan as state begs for funds, seeks sites

March 12, 2024 | yahoo.com

Chippewa National Forest visitors should prepare for muddy trails, exercise caution

March 3, 2024 | barrons.com

Cass Information Systems Inc.

February 24, 2024 | msn.com

Cass Information Systems (CASS) Price Target Increased by 13.33% to 52.02

February 22, 2024 | msn.com

We finally know Project L’s full name, and it’s 2XKO

See More Headlines

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Company Calendar

Last Earnings: 1/25/2024
Ex-Dividend for 3/15 Dividend: 3/04/2024
Dividend Payable: 3/15/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/22/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Business services, not elsewhere classified
Sub-Industry: Data Processing & Outsourced Services
Current Symbol: NASDAQ:CASS
CUSIP: 14808P10
CIK: 708781
Web: www.cassinfo.com
Phone: (314) 506-5500
Fax: 314-506-5955
Employees: 1,316
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $51.00
High Stock Price Target: $51.00
Low Stock Price Target: $51.00
Potential Upside/Downside: +16.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.18
Trailing P/E Ratio: 20.04
Forward P/E Ratio: 15.94
P/E Growth: N/A
Net Income: $30.06 million
Net Margins: 15.22%
Pretax Margin: 17.52%
Return on Equity: 13.84%
Return on Assets: 1.22%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.67
Quick Ratio: 0.67

Sales & Book Value

Annual Sales: $197.51 million
Price / Sales: 3.01
Cash Flow: $2.80 per share
Price / Cash Flow: 15.60
Book Value: $16.90 per share
Price / Book: 2.58

Miscellaneous

Outstanding Shares: 13,630,000
Free Float: 13,306,000
Market Cap: $595.36 million
Optionable: Optionable
Beta: 0.73

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Key Executives

Mr. Eric H. Brunngraber (Age 67)
Executive Chairman
Comp: $873.45k
Mr. Martin H. Resch (Age 58)
President, CEO & Director
Comp: $787.43k
Mr. Michael James Normile (Age 73)
Executive VP & CFO
Comp: $431.25k
Mr. James M. Cavellier Jr. (Age 56)
Executive VP & Chief Information Officer
Comp: $402.9k
Mr. Matthew Steven Schuckman (Age 50)
Executive VP, General Counsel & Corporate Secretary
Comp: $358.09k
Mr. Dwight D. Erdbruegger (Age 65)
President of Cass Commercial Bank
Comp: $419.16k
Christi A. Reiter
Senior Vice President of Human Resources
Mr. Mark A. Campbell (Age 61)
President of Government Payables
Comp: $338.33k
Jeanne M. Scannell
Chief Credit Officer of Cass Commercial Bank
Mr. Todd Wills
President of Facilities Expense Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CASS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cass Information Systems stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cass Information Systems in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CASS shares.
View CASS analyst ratings or view top-rated stocks.
What is Cass Information Systems' stock price target for 2024?: 1 Wall Street analysts have issued 12-month price objectives for Cass Information Systems' shares. Their CASS share price targets range from $51.00 to $51.00. On average, they expect the company's share price to reach $51.00 in the next year. This suggests a possible upside of 15.6% from the stock's current price.
View analysts price targets for CASS or view top-rated stocks among Wall Street analysts.
How have CASS shares performed in 2024?: Cass Information Systems' stock was trading at $45.05 on January 1st, 2024. Since then, CASS stock has decreased by 2.1% and is now trading at $44.12.
View the best growth stocks for 2024 here.
When is Cass Information Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our CASS earnings forecast.
How were Cass Information Systems' earnings last quarter?: Cass Information Systems, Inc. (NASDAQ:CASS) announced its quarterly earnings results on Thursday, January, 25th. The business services provider reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.13. The business services provider earned $50.74 million during the quarter, compared to analysts' expectations of $48.33 million. Cass Information Systems had a net margin of 15.22% and a trailing twelve-month return on equity of 13.84%.
How often does Cass Information Systems pay dividends? What is the dividend yield for Cass Information Systems?: Cass Information Systems declared a quarterly dividend on Tuesday, January 23rd. Investors of record on Tuesday, March 5th will be given a dividend of $0.30 per share on Friday, March 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.72%. The ex-dividend date is Monday, March 4th.
Read our dividend analysis for CASS.

Is Cass Information Systems a good dividend stock?: Cass Information Systems (NASDAQ:CASS) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.68%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 55.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CASS will have a dividend payout ratio of 36.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CASS.
What ETFs hold Cass Information Systems' stock?: ETFs with the largest weight of Cass Information Systems (NASDAQ:CASS) stock in their portfolio include ProShares S&P Technology Dividend Aristocrats ETF (TDV) and Ballast Small/Mid Cap ETF (MGMT).Roundhill Acquirers Deep Value ETF (DEEP).
What is Eric H. Brunngraber's approval rating as Cass Information Systems' CEO?: 71 employees have rated Cass Information Systems Chief Executive Officer Eric H. Brunngraber on Glassdoor.com. Eric H. Brunngraber has an approval rating of 57% among the company's employees. This puts Eric H. Brunngraber in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 70.0% of employees surveyed would recommend working at Cass Information Systems to a friend.
What other stocks do shareholders of Cass Information Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Cass Information Systems investors own include Pfizer (PFE), AT&T (T), International Paper (IP), Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), CenterPoint Energy (CNP), CVS Health (CVS), Dominion Energy (D) and International Business Machines (IBM).
Who are Cass Information Systems' major shareholders?: Cass Information Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (2.21%), Allspring Global Investments Holdings LLC (0.54%), Los Angeles Capital Management LLC (0.41%), Compass Ion Advisors LLC (0.03%), Dumont & Blake Investment Advisors LLC (0.03%) and Salem Investment Counselors Inc. (0.02%). Insiders that own company stock include Gary B Langfitt, Martin H Resch and Michael James Normile.
View institutional ownership trends.
How do I buy shares of Cass Information Systems?: Shares of CASS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CASS) was last updated on 4/19/2024 by MarketBeat.com Staff

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Cass Information Systems (CASS) Stock Price, News & Analysis

Cass Information Systems MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cass Information Systems Stock (NASDAQ:CASS)

CASS Stock Price History

CASS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CASS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™