Free Trial
NASDAQ:CASS

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

$43.75
-0.43 (-0.97%)
(As of 11:47 AM ET)
Today's Range
$43.55
$44.18
50-Day Range
$41.65
$48.24
52-Week Range
$35.50
$50.25
Volume
7,451 shs
Average Volume
39,147 shs
Market Capitalization
$596.93 million
P/E Ratio
19.98
Dividend Yield
2.74%
Price Target
$51.00

Cass Information Systems MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.7% Upside
$51.00 Price Target
Short Interest
Bearish
1.68% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.79
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
29.36%
From $2.35 to $3.04 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

Computer And Technology Sector

69th out of 586 stocks

Business Services, Not Elsewhere Classified Industry

12th out of 89 stocks

CASS stock logo

About Cass Information Systems Stock (NASDAQ:CASS)

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 Stock Price History

CASS Stock News Headlines

Cass: Q1 Earnings Snapshot
Cass Information Systems Inc. Q1 Profit Advances
See More Headlines
Receive CASS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cass Information Systems and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/15 Dividend
3/04/2024
Dividend Payable
3/15/2024
Last Earnings
4/18/2024
Today
5/23/2024
Ex-Dividend for 6/14 Dividend
6/04/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
12/31/2024

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
$51.00
High Stock Price Target
$51.00
Low Stock Price Target
$51.00
Potential Upside/Downside
+15.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$30.06 million
Pretax Margin
18.90%

Debt

Sales & Book Value

Annual Sales
$197.51 million
Cash Flow
$2.85 per share
Book Value
$16.82 per share

Miscellaneous

Free Float
13,263,000
Market Cap
$602.62 million
Optionable
Optionable
Beta
0.75
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives

  • Mr. Eric H. Brunngraber (Age 67)
    Executive Chairman
    Comp: $873.45k
  • Mr. Martin H. Resch (Age 58)
    President, CEO & Director
    Comp: $787.43k
  • Mr. Michael James Normile (Age 73)
    Executive VP & CFO
    Comp: $431.25k
  • Mr. James M. Cavellier Jr. (Age 56)
    Executive VP & Chief Information Officer
    Comp: $402.9k
  • Mr. Matthew Steven Schuckman (Age 50)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $358.09k
  • Mr. Dwight D. Erdbruegger (Age 65)
    President & COO of Cass Commercial Bank
    Comp: $419.16k
  • Christi A. Reiter
    Senior Vice President of Human Resources
  • Mr. Mark A. Campbell (Age 61)
    Senior VP & President of Government Payables
    Comp: $338.33k
  • Jeanne M. Scannell
    Chief Credit Officer of Cass Commercial Bank
  • Mr. Todd Wills
    Senior VP & President of Utility Expense Management

CASS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cass Information Systems stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cass Information Systems in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CASS shares.
View CASS analyst ratings
or view top-rated stocks.

What is Cass Information Systems' stock price target for 2024?

1 brokers have issued 12-month price objectives for Cass Information Systems' stock. Their CASS share price targets range from $51.00 to $51.00. On average, they anticipate the company's share price to reach $51.00 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for CASS
or view top-rated stocks among Wall Street analysts.

How have CASS shares performed in 2024?

Cass Information Systems' stock was trading at $45.05 at the beginning of the year. Since then, CASS shares have decreased by 3.0% and is now trading at $43.71.
View the best growth stocks for 2024 here
.

When is Cass Information Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our CASS earnings forecast
.

How were Cass Information Systems' earnings last quarter?

Cass Information Systems, Inc. (NASDAQ:CASS) issued its quarterly earnings data on Thursday, April, 18th. The business services provider reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by $0.07. The business services provider had revenue of $49.68 million for the quarter, compared to the consensus estimate of $50.68 million. Cass Information Systems had a net margin of 15.21% and a trailing twelve-month return on equity of 13.67%.

How often does Cass Information Systems pay dividends? What is the dividend yield for Cass Information Systems?

Cass Information Systems announced a quarterly dividend on Tuesday, April 16th. Shareholders of record on Tuesday, June 4th will be paid a dividend of $0.30 per share on Friday, June 14th. This represents a $1.20 annualized dividend and a dividend yield of 2.75%. The ex-dividend date of this dividend is Tuesday, June 4th.
Read our dividend analysis for CASS
.

Is Cass Information Systems a good dividend stock?

Cass Information Systems (NASDAQ:CASS) pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.67%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 54.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CASS will have a dividend payout ratio of 39.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CASS.

What ETFs hold Cass Information Systems' stock?

ETFs with the largest weight of Cass Information Systems (NASDAQ:CASS) stock in their portfolio include ProShares S&P Technology Dividend Aristocrats ETF (TDV).Ballast Small/Mid Cap ETF (MGMT).

What is Eric H. Brunngraber's approval rating as Cass Information Systems' CEO?

71 employees have rated Cass Information Systems Chief Executive Officer Eric H. Brunngraber on Glassdoor.com. Eric H. Brunngraber has an approval rating of 57% among the company's employees. This puts Eric H. Brunngraber in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 70.0% of employees surveyed would recommend working at Cass Information Systems to a friend.

What other stocks do shareholders of Cass Information Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cass Information Systems investors own include Pfizer (PFE), AT&T (T), International Paper (IP), Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), CenterPoint Energy (CNP), CVS Health (CVS), Dominion Energy (D) and International Business Machines (IBM).

Who are Cass Information Systems' major shareholders?

Cass Information Systems' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.78%), Heartland Advisors Inc. (2.74%), ProShare Advisors LLC (2.48%), Tributary Capital Management LLC (2.21%), Speece Thorson Capital Group Inc. (1.17%) and Foundry Partners LLC (0.81%). Insiders that own company stock include Gary B Langfitt, Martin H Resch and Michael James Normile.
View institutional ownership trends
.

How do I buy shares of Cass Information Systems?

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.

This page (NASDAQ:CASS) was last updated on 5/23/2024 by MarketBeat.com Staff

From Our Partners