Cass Information Systems (CASS) Expected to Announce Quarterly Earnings on Thursday

Cass Information Systems (NASDAQ:CASS - Get Free Report) is anticipated to release its Q2 2025 earnings data before the market opens on Thursday, July 17th. Analysts expect Cass Information Systems to post earnings of $0.65 per share and revenue of $48.12 million for the quarter.

Cass Information Systems (NASDAQ:CASS - Get Free Report) last announced its earnings results on Thursday, April 17th. The business services provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.03. The business had revenue of $46.41 million for the quarter, compared to analyst estimates of $51.49 million. Cass Information Systems had a net margin of 10.71% and a return on equity of 8.84%. 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 Stock Down 0.3%

Cass Information Systems stock traded down $0.13 on Thursday, hitting $44.88. The company's stock had a trading volume of 46,907 shares, compared to its average volume of 45,884. Cass Information Systems has a one year low of $37.99 and a one year high of $47.14. The company has a fifty day moving average price of $42.86 and a 200-day moving average price of $42.19. The firm has a market cap of $599.60 million, a P/E ratio of 29.53 and a beta of 0.45.

Cass Information Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Tuesday, June 3rd were paid a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, June 3rd. This represents a $1.24 annualized dividend and a dividend yield of 2.76%. Cass Information Systems's dividend payout ratio is presently 81.58%.

Hedge Funds Weigh In On Cass Information Systems

An institutional investor recently bought a new position in Cass Information Systems stock. Jane Street Group LLC purchased a new position in shares of Cass Information Systems, Inc (NASDAQ:CASS - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 19,615 shares of the business services provider's stock, valued at approximately $848,000. Jane Street Group LLC owned 0.15% of Cass Information Systems at the end of the most recent quarter. Hedge funds and other institutional investors own 59.08% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on CASS shares. Wall Street Zen downgraded shares of Cass Information Systems from a "hold" rating to a "sell" rating in a research report on Saturday, July 5th. Piper Sandler lowered their price objective on shares of Cass Information Systems from $47.00 to $46.00 and set an "overweight" rating for the company in a research report on Wednesday, April 23rd.

About Cass Information Systems

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.