How have CASS shares performed in 2023?

Cass Information Systems' stock was trading at $45.82 at the start of the year. Since then, CASS stock has decreased by 8.6% and is now trading at $41.86. View the best growth stocks for 2023 here .

When is Cass Information Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 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, October, 19th. The business services provider reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.01. The business services provider had revenue of $49.22 million for the quarter, compared to analyst estimates of $48.08 million. Cass Information Systems had a net margin of 15.81% and a trailing twelve-month return on equity of 14.64%.

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, October 17th. Investors of record on Tuesday, December 5th will be paid a dividend of $0.30 per share on Friday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.87%. The ex-dividend date is Monday, December 4th. This is an increase from the stock's previous quarterly dividend of $0.29. 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 2.80%. 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 53.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CASS will have a dividend payout ratio of 45.28% 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 many different retail and institutional investors. Top institutional investors include Heartland Advisors Inc. (2.46%), Fenimore Asset Management Inc. (2.45%), Tributary Capital Management LLC (2.26%), Northern Trust Corp (1.07%), Ameriprise Financial Inc. (1.00%) and Bank of New York Mellon Corp (0.88%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

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

$41.86

+0.06 (+0.14%)

(As of 12/8/2023 ET)

Compare

Today's Range: $41.67
▼
$42.18
50-Day Range: $35.73
▼
$42.92
52-Week Range: $35.05
▼
$51.48

Volume: 22,163 shs
Average Volume: 51,498 shs
Market Capitalization: $569.13 million

P/E Ratio: 18.69
Dividend Yield: 2.87%
Price Target: N/A

Cass Information Systems MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
1.29% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.79
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Acquiring Shares
$36,500 Bought Last Quarter
Proj. Earnings Growth: 29.90%
From $2.04 to $2.65 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Industrials Sector

21st out of 120 stocks

Specialty Business Services Industry

4th out of 8 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Cass Information Systems.

2.0

Short Interest

Percentage of Shares Shorted
1.29% 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 4.3.
Change versus previous month
Short interest in Cass Information Systems has recently increased by 1.48%, indicating that investor sentiment is decreasing.

4.2

Dividend Strength

Dividend Yield
Cass Information Systems pays a meaningful dividend of 2.80%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cass Information Systems has been increasing its dividend for 22 years.
Dividend Coverage
The dividend payout ratio of Cass Information Systems is 53.57%. 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 45.28% next year. This indicates that Cass Information Systems will be able to sustain or increase its dividend.

3.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cass Information Systems has received a 50.17% net impact score from Upright. Cass Information Systems seems to create the most significant positive value in categories "Taxes", "Jobs", and "Creating knowledge". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Supply chain visibility software", "Supply chain auditing services", and "Logistics management software" products. See details.
Environmental Sustainability
The Environmental Impact score for Cass Information Systems is -0.79.

0.0

News and Social Media Coverage

MarketBeat Follows
Only 1 people have added Cass Information Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

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 $36,500.00 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
57.60% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cass Information Systems are expected to grow by 29.90% in the coming year, from $2.04 to $2.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cass Information Systems is 18.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cass Information Systems is 18.69, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 343.01.
Price to Book Value per Share Ratio
Cass Information Systems has a P/B Ratio of 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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. 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 Fenton, Missouri and 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 St. Louis, Missouri.

CASS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CASS Stock News Headlines

December 1, 2023 | msn.com

Cass Information Systems goes ex dividend Monday

November 25, 2023 | finance.yahoo.com

Cass Information Systems (NASDAQ:CASS) investors are sitting on a loss of 14% if they invested five years ago

December 8, 2023 | Autonomix (Ad)

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November 14, 2023 | finance.yahoo.com

October shipments hit cycle low, Cass says

November 9, 2023 | morningstar.com

Cass Information Systems Inc CASS

November 5, 2023 | msn.com

Data Entry Jobs From Home (9 Companies That Sometimes Hire)

October 22, 2023 | finance.yahoo.com

Cass Information Systems (NASDAQ:CASS) Will Pay A Larger Dividend Than Last Year At $0.30

October 19, 2023 | msn.com

Cass Information Systems GAAP EPS of $0.54, revenue of $49.22M

December 8, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 19, 2023 | finance.yahoo.com

Cass Information Systems Reports Third Quarter 2023 Results

October 19, 2023 | finance.yahoo.com

Cass Information Systems (CASS) Lags Q3 Earnings Estimates

October 18, 2023 | finance.yahoo.com

September Cass data shows freight cycle ‘starting to flatten out’

October 5, 2023 | finance.yahoo.com

Analysts Estimate Cass Information Systems (CASS) to Report a Decline in Earnings: What to Look Out for

October 3, 2023 | finance.yahoo.com

Several Insiders Invested In Cass Information Systems Flagging Positive News

September 25, 2023 | msn.com

Cass Information Systems: Waiting On Proof Of Margin Expansion

September 18, 2023 | finance.yahoo.com

Sequential uptick in August Cass data but comps to 2022 fall faster

August 29, 2023 | finance.yahoo.com

Cass Information Systems (NASDAQ:CASS) Will Pay A Dividend Of $0.29

August 21, 2023 | finance.yahoo.com

Cass Information Systems, Inc. (NASDAQ:CASS) is largely controlled by institutional shareholders who own 59% of the company

August 14, 2023 | finance.yahoo.com

Freight market staying ‘lower for longer,’ Cass says

July 21, 2023 | msn.com

Cass Information Systems GAAP EPS of $0.52, revenue of $48.2M

July 20, 2023 | finance.yahoo.com

Cass Information Systems (CASS) Q2 Earnings and Revenues Lag Estimates

July 20, 2023 | finance.yahoo.com

Cass Information Systems Reports Second Quarter 2023 Results

June 29, 2023 | bizjournals.com

SLBJ Executive Network: How 9 new St. Louis-area CEOs describe their leadership styles

June 15, 2023 | finance.yahoo.com

Loaded and Rolling: FMCSA crash reporting expansion draws ire

June 13, 2023 | finance.yahoo.com

Freight shipments, spend see largest y/y declines this cycle

May 26, 2023 | finance.yahoo.com

Implied Volatility Surging for Cass Information Systems (CASS) Stock Options

May 20, 2023 | finance.yahoo.com

Cass Information Systems (NASDAQ:CASS) Ticks All The Boxes When It Comes To Earnings Growth

See More Headlines

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Company Calendar

Ex-Dividend for 9/15 Dividend: 9/01/2023
Dividend Payable: 9/15/2023
Last Earnings: 10/19/2023
Ex-Dividend for 12/15 Dividend: 12/04/2023
Today: 12/08/2023
Dividend Payable: 12/15/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Specialty Business Services
Sub-Industry: Data Processing & Outsourced Services
Sector: Industrials
Current Symbol: NASDAQ:CASS
CUSIP: 14808P10
CIK: 708781
Web: www.cassinfo.com
Phone: (314) 506-5500
Fax: 314-506-5955
Employees: 940
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.24
Trailing P/E Ratio: 18.69
Forward P/E Ratio: 20.52
P/E Growth: N/A
Net Income: $34.90 million
Net Margins: 15.81%
Pretax Margin: 19.50%
Return on Equity: 14.64%
Return on Assets: 1.24%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.65
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: $188.01 million
Price / Sales: 3.03
Cash Flow: $3.31 per share
Price / Cash Flow: 12.63
Book Value: $15.10 per share
Price / Book: 2.77

Miscellaneous

Outstanding Shares: 13,596,000
Free Float: 13,271,000
Market Cap: $569.13 million
Optionable: Optionable
Beta: 0.63

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Key Executives

Mr. Eric H. Brunngraber (Age 66)
Executive Chairman
Comp: $1.26M
Mr. Martin H. Resch (Age 57)
President, CEO & Director
Comp: $719.26k
Mr. Michael James Normile (Age 72)
Executive VP & CFO
Comp: $490.42k
Mr. James M. Cavellier Jr. (Age 54)
Executive VP & Chief Information Officer
Comp: $443.19k
Mr. Dwight D. Erdbruegger (Age 64)
President of Cass Commercial Bank
Comp: $465.21k
Mr. Matthew Steven Schuckman (Age 49)
Executive VP, General Counsel & Corporate Secretary
Christi A. Reiter
Senior Vice President of Human Resources
Mr. Mark A. Campbell (Age 60)
President of Government Payables
Comp: $338.33k
Jeanne M. Scannell
Chief Credit Officer of Cass Commercial Bank
Mr. Todd Wills
President of Facilities Expense Management

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CASS Stock Analysis - Frequently Asked Questions

How have CASS shares performed in 2023?: Cass Information Systems' stock was trading at $45.82 at the start of the year. Since then, CASS stock has decreased by 8.6% and is now trading at $41.86.
View the best growth stocks for 2023 here.
When is Cass Information Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, January 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, October, 19th. The business services provider reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.01. The business services provider had revenue of $49.22 million for the quarter, compared to analyst estimates of $48.08 million. Cass Information Systems had a net margin of 15.81% and a trailing twelve-month return on equity of 14.64%.
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, October 17th. Investors of record on Tuesday, December 5th will be paid a dividend of $0.30 per share on Friday, December 15th. This represents a $1.20 annualized dividend and a dividend yield of 2.87%. The ex-dividend date is Monday, December 4th. This is an increase from the stock's previous quarterly dividend of $0.29.
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 2.80%. 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 53.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CASS will have a dividend payout ratio of 45.28% 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 many different retail and institutional investors. Top institutional investors include Heartland Advisors Inc. (2.46%), Fenimore Asset Management Inc. (2.45%), Tributary Capital Management LLC (2.26%), Northern Trust Corp (1.07%), Ameriprise Financial Inc. (1.00%) and Bank of New York Mellon Corp (0.88%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CASS) was last updated on 12/8/2023 by MarketBeat.com Staff

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