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

Cass Information Systems (NASDAQ:CASS - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, July 17th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $48.12 million for the quarter.

Cass Information Systems (NASDAQ:CASS - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The business services provider reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.03. Cass Information Systems had a net margin of 10.71% and a return on equity of 8.84%. The company had revenue of $46.41 million during the quarter, compared to the consensus estimate 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 Trading Down 1.6%

NASDAQ:CASS traded down $0.73 during trading hours on Friday, hitting $44.16. The stock had a trading volume of 7,039 shares, compared to its average volume of 45,794. Cass Information Systems has a 1-year low of $37.99 and a 1-year high of $47.14. The business has a 50 day simple moving average of $42.93 and a two-hundred day simple moving average of $42.21. The company has a market cap of $589.91 million, a PE ratio of 29.05 and a beta of 0.45.

Cass Information Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Tuesday, June 3rd were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend was Tuesday, June 3rd. Cass Information Systems's dividend payout ratio (DPR) is currently 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 acquired a new position in shares of Cass Information Systems, Inc (NASDAQ:CASS - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 19,615 shares of the business services provider's stock, valued at approximately $848,000. Jane Street Group LLC owned about 0.15% of Cass Information Systems at the end of the most recent reporting period. Institutional investors own 59.08% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CASS. Piper Sandler reduced their target price 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. Wall Street Zen cut Cass Information Systems from a "hold" rating to a "sell" rating in a research note on Saturday, July 5th.

Cass Information Systems Company Profile

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.