About Cass Information Systems (NASDAQ:CASS)
Cass Information Systems, Inc. (Cass) is a provider of payment and information processing services to manufacturing, distribution and retail enterprises across the United States with operating locations in Missouri, Ohio, Massachusetts, South Carolina and Florida. The Company provides transportation invoice rating, payment processing, auditing, accounting and transportation information. It is also a processor and payer of energy invoices, including electricity, gas, waste, and other facility related expenses. The Company operates in two segments: Information Services and Banking Services. The Information Services segment provides transportation, energy, telecommunication, and environmental invoice processing and payment services to large corporations. The Banking Services segment provides banking services primarily to privately held businesses and churches. The Company, through its bank subsidiary, Cass Commercial Bank (the Bank), provides commercial banking services.
Industry, Sector and Symbol
Industry Transaction & Payment Services
Sub-IndustryData Processing & Outsourced Services
SectorComputer and Technology
Trailing P/E Ratio28.95
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$125.54 million
Price / Sales5.89
Cash Flow$2.98 per share
Price / Cash22.23
Book Value$20.06 per share
Price / Book3.30
Net Income$24.34 million
Return on Equity12.05%
Return on Assets1.71%
Frequently Asked Questions for Cass Information Systems (NASDAQ:CASS)
What is Cass Information Systems' stock symbol?
Cass Information Systems trades on the NASDAQ under the ticker symbol "CASS."
How often does Cass Information Systems pay dividends? What is the dividend yield for Cass Information Systems?
Cass Information Systems declared a quarterly dividend on Friday, October 27th. Investors of record on Tuesday, December 5th will be given a dividend of $0.24 per share on Friday, December 15th. This represents a $0.96 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Monday, December 4th. This is a positive change from Cass Information Systems's previous quarterly dividend of $0.21. View Cass Information Systems' Dividend History.
How will Cass Information Systems' stock buyback program work?
Cass Information Systems declared that its board has initiated a share buyback plan on Friday, October 27th 2017, which permits the company to repurchase 500,000 shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board of directors believes its shares are undervalued.
How were Cass Information Systems' earnings last quarter?
Cass Information Systems, Inc (NASDAQ:CASS) issued its quarterly earnings results on Thursday, October, 26th. The business services provider reported $0.61 earnings per share for the quarter. The business services provider had revenue of $34.30 million for the quarter. Cass Information Systems had a net margin of 19.71% and a return on equity of 12.05%. View Cass Information Systems' Earnings History.
When will Cass Information Systems make its next earnings announcement?
Who are some of Cass Information Systems' key competitors?
Who are Cass Information Systems' key executives?
Cass Information Systems' management team includes the folowing people:
- Eric H. Brunngraber, Chairman of the Board, President, Chief Executive Officer (Age 60)
- P. Stephen Appelbaum, Chief Financial Officer, Executive Vice President, Secretary (Age 59)
- Mark A. Campbell, President – Transportation Information Services (Age 54)
- Gary B. Langfitt, President - Expense Management Services (Age 61)
- Robert J. Mathias, President and Chief Operating Officer of Cass Commercial Bank (Age 64)
- Lawrence A. Collett, Lead Director (Age 74)
- Ralph W. Clermont CPA, Independent Director (Age 69)
- Robert A. Ebel, Independent Director (Age 61)
- Benjamin F. Edwards IV, Independent Director (Age 60)
- James J. Lindemann, Independent Director (Age 61)
Who owns Cass Information Systems stock?
Cass Information Systems' stock is owned by many different of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (8.84%), Riverbridge Partners LLC (3.18%), Dimensional Fund Advisors LP (3.13%), Atlanta Capital Management Co. L L C (2.78%), Bank of New York Mellon Corp (1.32%) and WCM Investment Management CA (0.77%). Company insiders that own Cass Information Systems stock include Eric H Brunngraber, Gary B Langfitt and Robert J Mathias. View Institutional Ownership Trends for Cass Information Systems.
Who sold Cass Information Systems stock? Who is selling Cass Information Systems stock?
Cass Information Systems' stock was sold by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Kayne Anderson Rudnick Investment Management LLC, Nationwide Fund Advisors, First Trust Advisors LP, Atlanta Capital Management Co. L L C, California State Teachers Retirement System and Enterprise Financial Services Corp. Company insiders that have sold Cass Information Systems company stock in the last year include Eric H Brunngraber, Gary B Langfitt and Robert J Mathias. View Insider Buying and Selling for Cass Information Systems.
Who bought Cass Information Systems stock? Who is buying Cass Information Systems stock?
Cass Information Systems' stock was purchased by a variety of institutional investors in the last quarter, including Seizert Capital Partners LLC, Dimensional Fund Advisors LP, Emerald Mutual Fund Advisers Trust, JPMorgan Chase & Co., Russell Investments Group Ltd., Citadel Advisors LLC, Los Angeles Capital Management & Equity Research Inc. and Dynamic Technology Lab Private Ltd. View Insider Buying and Selling for Cass Information Systems.
How do I buy Cass Information Systems stock?
Shares of Cass Information Systems can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cass Information Systems' stock price today?
One share of Cass Information Systems stock can currently be purchased for approximately $66.23.
How big of a company is Cass Information Systems?
Cass Information Systems has a market capitalization of $750.04 million and generates $125.54 million in revenue each year. The business services provider earns $24.34 million in net income (profit) each year or $2.32 on an earnings per share basis. Cass Information Systems employs 1,075 workers across the globe.
How can I contact Cass Information Systems?
Cass Information Systems' mailing address is 12444 POWERSCOURT DRIVE, ST. LOUIS MO, 63131. The business services provider can be reached via phone at 314-506-5500 or via email at [email protected]
MarketBeat Community Rating for Cass Information Systems (CASS)MarketBeat's community ratings are surveys of what our community members think about Cass Information Systems and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Cass Information Systems (NASDAQ:CASS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Cass Information Systems (NASDAQ:CASS)
Analysts' Ratings History for Cass Information Systems (NASDAQ:CASS)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History and Estimates Chart for Cass Information Systems (NASDAQ:CASS)
Earnings History by Quarter for Cass Information Systems (NASDAQ CASS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/26/2017||Q3 2017||$0.61||$34.30 million||View||N/A|
|7/27/2017||Q2 2017||$0.58||$33.66 million||View||N/A|
|4/27/2017||Q1 2017||$0.56||$32.29 million||View||N/A|
|2/2/2017||Q4 2016||$0.57||$32.18 million||View||N/A|
|7/23/2015||Q2||$0.48||$29.30 million||$30.10 million||View||N/A|
|4/21/2014||Q413||$0.50||$28.43 million||$28.72 million||View||N/A|
|10/24/2013||Q313||$0.53||$27.90 million||$29.10 million||View||N/A|
|7/18/2013||Q213||$0.52||$28.40 million||$29.20 million||View||N/A|
Earnings Estimates for Cass Information Systems (NASDAQ:CASS)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Cass Information Systems (NASDAQ:CASS)
|Dividend Growth:||6.30% (3 Year Average)|
|Payout Ratio:||39.66% (Trailing 12 Months of Earnings) |
|Track Record:||12 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Cass Information Systems (NASDAQ CASS)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Cass Information Systems (NASDAQ CASS)
Insider Ownership Percentage: 5.01%
Institutional Ownership Percentage: 49.27%
Insider Trades by Quarter for Cass Information Systems (NASDAQ CASS)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/21/2017||Gary B Langfitt||COO||Sell||350||$66.00||$23,100.00|| |
|6/12/2017||Gary B. Langfitt||COO||Sell||750||$65.50||$49,125.00|| |
|6/9/2017||Robert J. Mathias||Insider||Sell||698||$65.00||$45,370.00|| |
|12/6/2016||Eric H. Brunngraber||CEO||Sell||3,019||$69.71||$210,454.49|| |
|10/24/2016||Robert J. Mathias||Insider||Sell||772||$56.25||$43,425.00|| |
|8/1/2016||Eric H. Brunngraber||CEO||Sell||4,818||$52.72||$254,004.96|| |
|6/10/2016||Robert J Mathias||Insider||Sell||891||$51.25||$45,663.75|| |
|12/4/2015||Eric H Brunngraber||CEO||Sell||1,300||$53.00||$68,900.00|| |
|4/27/2015||Wayne J Grace||Director||Sell||1,075||$53.16||$57,147.00|| |
|12/11/2014||Eric H Brunngraber||CEO||Sell||3,603||$47.64||$171,646.92|| |
|11/22/2013||Harry M Murray||EVP||Sell||2,500||$57.96||$144,900.00|| |
|11/19/2013||Eric H Brunngraber||CEO||Sell||2,509||$56.58||$141,959.22|| |
|11/13/2013||Eric H Brunngraber||CEO||Sell||1,339||$57.63||$77,166.57|| |
|11/8/2013||Benjamin F Iv Edwards||Director||Sell||4,000||$57.19||$228,760.00|| |
|2/15/2013||Eric H Brunngraber||CEO||Sell||1,701||$41.00||$69,741.00|| |
|11/26/2012||Eric H Brunngraber||CEO||Sell||5,000||$45.98||$229,900.00|| |
|9/14/2012||Eric H Brunngraber||CEO||Sell||5,000||$41.00||$205,000.00|| |
|9/6/2012||John F Pickering||Insider||Sell||5,000||$40.31||$201,550.00|| |
Latest Headlines for Cass Information Systems (NASDAQ CASS)
|Cass Information Systems, Inc (CASS) COO Gary B. Langfitt Sells 350 Shares|
www.americanbankingnews.com - November 21 at 9:32 PM
|Cass Information Systems, Inc. breached its 50 day moving average in a Bullish Manner : CASS-US : November 15, 2017|
finance.yahoo.com - November 16 at 12:23 PM
|6 Dividend Growth Stocks Working Tirelessly For Their Owners|
seekingalpha.com - November 1 at 4:11 AM
|Cass Information Systems (CASS) Raises Dividend to $0.24 Per Share|
www.americanbankingnews.com - October 27 at 5:52 PM
|Cass Information Systems, Inc (CASS) Issues Earnings Results|
www.americanbankingnews.com - October 27 at 2:50 PM
|Stock Buyback Plan Announced by Cass Information Systems (CASS) Board of Directors |
www.americanbankingnews.com - October 27 at 11:33 AM
|BRIEF-Cass Information Systems Q3 earnings per share $0.61|
www.reuters.com - October 27 at 3:21 AM
|3rd Quarter 2017 Earnings Up 11% at Cass Information Systems, Inc.|
finance.yahoo.com - October 26 at 8:43 AM
|Recession Watch: January 2018|
seekingalpha.com - October 25 at 12:12 AM
|Is Cass Information Systems Inc’s (CASS) PE Ratio A Signal To Buy For Investors?|
finance.yahoo.com - October 18 at 6:14 PM
|Cass Information Systems, Inc (CASS) Scheduled to Post Quarterly Earnings on Wednesday|
www.americanbankingnews.com - October 11 at 2:44 AM
|St. Louis stocks continue to lag the broader markets|
www.bizjournals.com - October 5 at 8:55 PM
|Cass Information Systems, Inc. breached its 50 day moving average in a Bullish Manner : CASS-US : September 28, 2017|
finance.yahoo.com - October 2 at 3:17 PM
|Cass Information Systems, Inc. : CASS-US: Dividend Analysis : September 05th, 2017 (record date) : By the numbers : September 25, 2017|
finance.yahoo.com - September 25 at 7:50 PM
|ETFs with exposure to Cass Information Systems, Inc. : September 22, 2017|
finance.yahoo.com - September 22 at 3:56 PM
|Cass Information Systems, Inc (CASS) Ex-Dividend Date Scheduled for August 31 ...|
www.nasdaq.com - August 30 at 6:20 PM
|IHS Markit Score Update: Rise in demand for ETFs holding Cass Information Systems Inc is a positive for its shares|
finance.yahoo.com - August 12 at 3:30 AM
|IHS Markit Score Update: Drop in demand for ETFs holding Cass Information Systems Inc is a negative sign for its shares|
finance.yahoo.com - August 10 at 6:09 PM
|Cass Information Systems, Inc. :CASS-US: Earnings Analysis: Q2, 2017 By the Numbers : August 10, 2017|
finance.yahoo.com - August 10 at 6:09 PM
|See what the IHS Markit Score report has to say about Cass Information Systems Inc.|
finance.yahoo.com - August 10 at 3:12 AM
|Cass Information Systems, Inc. breached its 50 day moving average in a Bearish Manner : CASS-US : August 2, 2017|
finance.yahoo.com - August 2 at 5:40 PM
|Cass Information Systems, Inc (NASDAQ:CASS) Announces Quarterly Earnings Results|
www.americanbankingnews.com - July 28 at 3:33 PM
|CORRECTING and REPLACING 2nd Quarter 2017 Earnings Up 12% at Cass Information Systems, Inc.|
finance.yahoo.com - July 27 at 4:20 PM
|Cass posts 2Q profit|
finance.yahoo.com - July 27 at 4:20 PM
|Cass Information Systems, Inc (NASDAQ:CASS) to Issue Quarterly Dividend of $0.23|
www.americanbankingnews.com - July 27 at 3:41 PM
|Economy And Stocks All Clear For 3 Months|
seekingalpha.com - July 22 at 4:53 PM
|Cass Information Systems (CASS) Shares Cross Above 200 DMA|
www.thestreet.com - June 2 at 5:36 PM
|2017 Starts Weak, Finishes Weaker|
seekingalpha.com - April 26 at 2:59 PM
|Cass Information Systems' executive compensation, stock ownership and more|
www.bizjournals.com - March 31 at 4:18 PM
|CASS INFORMATION SYSTEMS INC Files SEC form 10-K, Annual Report|
biz.yahoo.com - March 8 at 4:51 PM
|Cass Information Systems acquires UK firm|
www.bizjournals.com - March 7 at 9:13 PM
|Cass Information Systems Acquires UK-Based Effective Telecoms Ltd|
uk.finance.yahoo.com - March 6 at 10:42 AM
|Cass Information Systems goes ex-dividend tomorrow|
seekingalpha.com - March 1 at 4:10 PM
|BRIEF-Cass Information Systems reports Q4 earnings per share $0.57|
www.reuters.com - February 2 at 9:22 PM
|Cass Information Systems, Inc. Establishes All-Time High Earnings Record in 2016|
us.rd.yahoo.com - February 2 at 4:21 PM
|Cass CEO sells over $200,000 worth of stock: Insider trading for Nov. 30 - Dec. 7|
www.bizjournals.com - December 8 at 9:59 PM
|Cass Information Systems, Inc (CASS) Ex-Dividend Date Scheduled for|
www.nasdaq.com - December 1 at 2:13 AM
|U.S. Shipping Demand Turns Upward on Consumer Spending|
www.wsj.com - November 25 at 4:06 PM
|AT&T executive buys over $1 million worth of stock: Insider trading for Oct. 25-Nov. 1|
www.bizjournals.com - November 4 at 1:36 PM
|Trucking Companies Pare Down Their Fleets Amid Tepid Shipping Demand|
www.wsj.com - October 29 at 12:02 PM
|One Rate Hike Really Could Sink The Economy|
seekingalpha.com - October 21 at 4:03 PM
|BRIEF-Cass Information Systems qtrly revenues $31.6 mln vs $30.6 mln|
www.reuters.com - October 21 at 4:03 PM
|CASS INFORMATION SYSTEMS INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and|
biz.yahoo.com - October 21 at 12:23 PM
|CASS INFORMATION SYSTEMS INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financi|
biz.yahoo.com - October 20 at 3:35 PM
|Advanced Drainage Systems Hosts Ceremonial Event to Mark Construction of New Harrisonville, Missouri Manufacturing Facility|
www.businesswire.com - October 4 at 4:01 PM
|Trucking Volumes Recovered in August|
www.wsj.com - September 21 at 8:04 AM
|Cass Information Systems, Inc (CASS) Ex-Dividend Date...|
www.nasdaq.com - August 30 at 4:02 PM
|Cass Information Systems goes ex-dividend on Aug. 31|
seekingalpha.com - August 30 at 2:55 PM
Cass Information Systems (NASDAQ CASS) Chart for Friday, November, 24, 2017