Cass Information Systems (NASDAQ:CASS - Get Free Report) is projected to post its quarterly earnings results before the market opens on Thursday, April 17th. Analysts expect Cass Information Systems to post earnings of $0.60 per share and revenue of $51.49 million for the quarter.
Cass Information Systems (NASDAQ:CASS - Get Free Report) last announced its quarterly earnings data on Thursday, January 23rd. The business services provider reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.10). Cass Information Systems had a net margin of 9.62% and a return on equity of 8.25%. On average, analysts expect Cass Information Systems to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Cass Information Systems Trading Up 1.0 %
Shares of NASDAQ CASS traded up $0.39 during mid-day trading on Tuesday, reaching $39.94. The company had a trading volume of 25,020 shares, compared to its average volume of 41,988. The company has a 50-day moving average price of $42.75 and a two-hundred day moving average price of $42.48. The stock has a market cap of $537.79 million, a PE ratio of 28.94 and a beta of 0.49. Cass Information Systems has a 1-year low of $37.99 and a 1-year high of $47.14.
Cass Information Systems Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Tuesday, March 4th were paid a $0.31 dividend. The ex-dividend date was Tuesday, March 4th. This represents a $1.24 dividend on an annualized basis and a yield of 3.10%. Cass Information Systems's dividend payout ratio is currently 89.86%.
About Cass Information Systems
(
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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.
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