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NASDAQ:CASS

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

Cass Information Systems logo
$44.45 +0.55 (+1.25%)
(As of 12:50 PM ET)

About Cass Information Systems Stock (NASDAQ:CASS)

Key Stats

Today's Range
$44.30
$45.10
50-Day Range
$39.91
$46.17
52-Week Range
$37.99
$50.25
Volume
7,321 shs
Average Volume
41,375 shs
Market Capitalization
$603.19 million
P/E Ratio
26.78
Dividend Yield
2.70%
Price Target
$45.00
Consensus Rating
Buy

Company Overview

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 Information Systems Stock Analysis - MarketRank™

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90th Percentile Overall Score

CASS MarketRank™: 

Cass Information Systems scored higher than 90% of companies evaluated by MarketBeat, and ranked 105th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Cass Information Systems' stock forecast and price target.
  • Earnings Growth

    Earnings for Cass Information Systems are expected to grow by 70.95% in the coming year, from $1.48 to $2.53 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cass Information Systems is 26.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.15.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cass Information Systems is 26.78, 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 234.25.

  • Price to Book Value per Share Ratio

    Cass Information Systems has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Cass Information Systems' valuation and earnings.
  • Percentage of Shares Shorted

    1.61% 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 5.1.
  • Change versus previous month

    Short interest in Cass Information Systems has recently increased by 5.18%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Cass Information Systems pays a meaningful dividend of 2.71%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Cass Information Systems has been increasing its dividend for 23 years.

  • Dividend Coverage

    The dividend payout ratio of Cass Information Systems is 72.29%. 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 47.43% next year. This indicates that Cass Information Systems will be able to sustain or increase its dividend.

  • Read more about Cass Information Systems' dividend.
  • Percentage of Shares Shorted

    1.61% 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 5.1.
  • Change versus previous month

    Short interest in Cass Information Systems has recently increased by 5.18%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Cass Information Systems has a news sentiment score of 0.46. 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 0.60 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Cass Information Systems this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Cass Information Systems insiders have bought more of their company's stock than they have sold. Specifically, they have bought $8,060.00 in company stock and sold $0.00 in 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.

  • Read more about Cass Information Systems' insider trading history.
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CASS Stock News Headlines

Freight shipments, spend see no lift in October, Cass data shows
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Cass Information Systems, Inc. (NASDAQ:CASS) Short Interest Update
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CASS Stock Analysis - Frequently Asked Questions

Cass Information Systems' stock was trading at $45.05 on January 1st, 2024. Since then, CASS stock has decreased by 1.3% and is now trading at $44.45.
View the best growth stocks for 2024 here
.

Cass Information Systems, Inc. (NASDAQ:CASS) posted its quarterly earnings data on Thursday, October, 17th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by $0.29. The business services provider earned $50.55 million during the quarter, compared to analyst estimates of $48.99 million. Cass Information Systems had a net margin of 11.52% and a trailing twelve-month return on equity of 9.92%.

Cass Information Systems' top institutional shareholders include Geode Capital Management LLC (2.61%), State Street Corp (2.35%), Tributary Capital Management LLC (2.33%) and Speece Thorson Capital Group Inc. (2.24%). Insiders that own company stock include Martin H Resch, Michael James Normile and Gary B Langfitt.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cass Information Systems investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and First Solar (FSLR).

Company Calendar

Ex-Dividend for 9/13 Dividend
9/03/2024
Dividend Payable
9/13/2024
Last Earnings
10/17/2024
Today
11/21/2024
Ex-Dividend for 12/13 Dividend
12/03/2024
Dividend Payable
12/13/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/23/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
Current Symbol
NASDAQ:CASS
CUSIP
14808P10
Employees
1,316
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$45.00
High Stock Price Target
$45.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+2.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$30.06 million
Pretax Margin
14.44%

Debt

Sales & Book Value

Annual Sales
$197.51 million
Cash Flow
$2.87 per share
Book Value
$16.90 per share

Miscellaneous

Free Float
13,190,000
Market Cap
$595.72 million
Optionable
Optionable
Beta
0.70

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This page (NASDAQ:CASS) was last updated on 11/21/2024 by MarketBeat.com Staff
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