Cass Information Systems (CASS) Projected to Post 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 released its quarterly earnings data on Thursday, April 17th. The business services provider reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. Cass Information Systems had a return on equity of 8.84% and a net margin of 10.71%. The firm had revenue of $46.41 million during the quarter, compared to analyst estimates of $51.49 million. 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 Price Performance

Cass Information Systems stock opened at $45.01 on Thursday. The stock has a fifty day moving average price of $42.86 and a two-hundred day moving average price of $42.19. Cass Information Systems has a 52-week low of $37.99 and a 52-week high of $47.14. The firm has a market capitalization of $601.33 million, a P/E ratio of 29.61 and a beta of 0.45.

Cass Information Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Tuesday, June 3rd were paid a dividend of $0.31 per share. The ex-dividend date was Tuesday, June 3rd. This represents a $1.24 annualized dividend and a yield of 2.75%. Cass Information Systems's dividend payout ratio is currently 81.58%.

Institutional Trading of Cass Information Systems

A hedge fund recently raised its stake in Cass Information Systems stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Cass Information Systems, Inc (NASDAQ:CASS - Free Report) by 4.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,022 shares of the business services provider's stock after buying an additional 312 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.06% of Cass Information Systems worth $347,000 at the end of the most recent reporting period. 59.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

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