NASDAQ:CASS Cass Information Systems (CASS) Stock Forecast, Price & News $40.27 +1.74 (+4.52%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$38.91▼$40.3950-Day Range$35.40▼$44.9952-Week Range$32.37▼$51.48Volume49,259 shsAverage Volume58,363 shsMarket Capitalization$552.50 millionP/E Ratio16.50Dividend Yield2.88%Price Target$45.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Cass Information Systems MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside11.7% Upside$45.00 Price TargetShort InterestHealthy1.85% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.79Upright™ Environmental ScoreNews Sentiment-0.15Based on 2 Articles This WeekInsider TradingAcquiring Shares$90,865 Bought Last QuarterProj. Earnings Growth20.85%From $2.59 to $3.13 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.51 out of 5 starsComputer And Technology Sector123rd out of 604 stocksBusiness Services, Not Elsewhere Classified Industry26th out of 91 stocks 2.0 Analyst's Opinion Consensus RatingCass Information Systems has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $45.00, Cass Information Systems has a forecasted upside of 11.7% from its current price of $40.27.Amount of Analyst CoverageCass Information Systems has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.85% of the float of Cass Information Systems has been sold short.Short Interest Ratio / Days to CoverCass Information Systems has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Cass Information Systems has recently increased by 9.11%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldCass Information Systems pays a meaningful dividend of 3.00%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCass Information Systems has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Cass Information Systems is 47.54%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cass Information Systems will have a dividend payout ratio of 37.06% next year. This indicates that Cass Information Systems will be able to sustain or increase its dividend. Previous Next 3.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCass 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 SustainabilityThe Environmental Impact score for Cass Information Systems is -0.79. Previous Next 1.0 News and Social Media Coverage News SentimentCass Information Systems has a news sentiment score of -0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Cass Information Systems this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for CASS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cass Information Systems insiders have bought more of their company's stock than they have sold. Specifically, they have bought $90,865.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.39% of the stock of Cass Information Systems is held by insiders.Percentage Held by Institutions56.15% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Cass Information Systems are expected to grow by 20.85% in the coming year, from $2.59 to $3.13 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cass Information Systems is 16.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Cass Information Systems is 16.50, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 370.00.Price to Book Value per Share RatioCass Information Systems has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cass Information Systems (NASDAQ:CASS) StockCass Information Systems, Inc. engages in the provision of integrated information and payment management solutions. It operates through the following segments: Information Services, Banking Services, and Corporate, Eliminations, and Other. The Information Services segment offers transportation, energy, telecommunication, and environmental invoice processing and payment services to large corporations. The Banking Services segment focuses on the provision of banking services primarily to privately held businesses and faith-based ministries. The company was founded in 1906 and is headquartered in St. Louis, MO.Read More 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. Email Address CASS Stock News HeadlinesMay 31, 2023 | americanbankingnews.comCass Information Systems, Inc. (NASDAQ:CASS) Announces $0.29 Quarterly DividendMay 26, 2023 | finance.yahoo.comImplied Volatility Surging for Cass Information Systems (CASS) Stock OptionsJune 3, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 25, 2023 | americanbankingnews.comFuture FinTech Group (NASDAQ:FTFT) & Cass Information Systems (NASDAQ:CASS) Head to Head ReviewMay 20, 2023 | finance.yahoo.comCass Information Systems (NASDAQ:CASS) Ticks All The Boxes When It Comes To Earnings GrowthMay 18, 2023 | americanbankingnews.comCass Information Systems (NASDAQ:CASS) Research Coverage Started at StockNews.comMay 15, 2023 | finance.yahoo.comShipments, costs decline further in April but inflection coming, Cass saysMay 3, 2023 | americanbankingnews.comCass Information Systems, Inc. (NASDAQ:CASS) Sees Large Growth in Short InterestJune 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...April 28, 2023 | americanbankingnews.comMartin H. Resch Purchases 1,000 Shares of Cass Information Systems, Inc. (NASDAQ:CASS) StockApril 26, 2023 | finance.yahoo.comMartin Resch Is The President of Cass Information Systems, Inc. (NASDAQ:CASS) And They Just Picked Up 12% More SharesApril 26, 2023 | finance.yahoo.comQuite a few insiders invested in Cass Information Systems, Inc. (NASDAQ:CASS) last year which is positive news for shareholdersApril 26, 2023 | americanbankingnews.comInsider Buying: Cass Information Systems, Inc. (NASDAQ:CASS) CEO Acquires 1,166 Shares of StockApril 25, 2023 | msn.comCass Information Systems (FRA:CC3) Price Target Decreased by 13.91% to 40.40April 25, 2023 | msn.comCass Information Systems (CASS) Declares $0.29 DividendApril 22, 2023 | marketwatch.com8-K: CASS INFORMATION SYSTEMS INCApril 21, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in Cass (CASS) Stock?April 19, 2023 | americanbankingnews.comCass Information Systems (NASDAQ:CASS) Shares Down 3.3% on Disappointing EarningsApril 19, 2023 | americanbankingnews.comCass Information Systems (NASDAQ:CASS) Releases Quarterly Earnings Results, Misses Estimates By $0.19 EPSApril 18, 2023 | marketwatch.comUtility Expense Management Systems Market Size and share report 2023April 17, 2023 | msn.comCass Information Systems GAAP EPS of $0.51, revenue of $49.34MApril 17, 2023 | finance.yahoo.comCass Information Systems (CASS) Q1 Earnings and Revenues Miss EstimatesApril 17, 2023 | finance.yahoo.comCass Information Systems reports First Quarter 2023 ResultsApril 11, 2023 | americanbankingnews.comCass Information Systems (CASS) Set to Announce Quarterly Earnings on WednesdayApril 11, 2023 | americanbankingnews.comCass Information Systems (CASS) Scheduled to Post Quarterly Earnings on WednesdayApril 10, 2023 | marketwatch.comUtility Expense Management Systems Market | 2023-2029April 6, 2023 | finance.yahoo.comCass Information Systems (CASS) to Report Q1 Results: Wall Street Expects Earnings GrowthSee More Headlines CASS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CASS Company Calendar Ex-Dividend for 3/15 Dividend3/02/2023Dividend Payable3/15/2023Last Earnings4/17/2023Today6/02/2023Ex-Dividend for 6/15 Dividend6/02/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryData Processing & Outsourced Services SectorComputer and Technology Current SymbolNASDAQ:CASS CUSIP14808P10 CIK708781 Webwww.cassinfo.com Phone(314) 506-5500Fax314-506-5955Employees1,209Year FoundedN/APrice Target and Rating Average Stock Price Forecast$45.00 High Stock Price Forecast$45.00 Low Stock Price Forecast$45.00 Forecasted Upside/Downside+11.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.44 Trailing P/E Ratio16.50 Forward P/E Ratio15.55 P/E GrowthN/ANet Income$34.90 million Net Margins17.80% Pretax Margin21.93% Return on Equity16.45% Return on Assets1.34% Debt Debt-to-Equity RatioN/A Current Ratio0.60 Quick Ratio0.60 Sales & Book Value Annual Sales$182.48 million Price / Sales3.03 Cash Flow$3.50 per share Price / Cash Flow11.50 Book Value$15.86 per share Price / Book2.54Miscellaneous Outstanding Shares13,720,000Free Float13,388,000Market Cap$552.50 million OptionableOptionable Beta0.61 Key ExecutivesMartin H. ReschPresident, Chief Executive Officer & DirectorMichael J. NormileChief Financial Officer & Executive Vice PresidentJames M. CavellierChief Information Officer & Executive VPMatt S. SchuckmanSecretary, Executive VP & General CounselTodd J. WillsSenior Vice President & General Manager-UtilitiesKey CompetitorsQuinStreetNASDAQ:QNSTZhihuNYSE:ZHRimini StreetNASDAQ:RMNIGravityNASDAQ:GRVYi3 VerticalsNASDAQ:IIIVView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 6,058 shares on 5/26/2023Ownership: 0.535%Royce & Associates LPSold 5,154 shares on 5/23/2023Ownership: 0.648%Ameriprise Financial Inc.Sold 50,020 shares on 5/22/2023Ownership: 1.280%JPMorgan Chase & Co.Bought 2,670 shares on 5/18/2023Ownership: 0.148%New York State Common Retirement FundSold 1,795 shares on 5/18/2023Ownership: 0.062%View All Insider TransactionsView All Institutional Transactions CASS Stock - Frequently Asked Questions Should I buy or sell Cass Information Systems stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cass Information Systems in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CASS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CASS, but not buy additional shares or sell existing shares. View CASS analyst ratings or view top-rated stocks. What is Cass Information Systems' stock price forecast for 2023? 1 Wall Street analysts have issued 1 year target prices for Cass Information Systems' shares. Their CASS share price forecasts range from $45.00 to $45.00. On average, they predict the company's share price to reach $45.00 in the next year. This suggests a possible upside of 11.7% 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 2023? Cass Information Systems' stock was trading at $45.82 at the beginning of 2023. Since then, CASS shares have decreased by 12.1% and is now trading at $40.27. View the best growth stocks for 2023 here. Are investors shorting Cass Information Systems? Cass Information Systems saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 226,300 shares, an increase of 9.1% from the April 30th total of 207,400 shares. Based on an average daily trading volume, of 59,500 shares, the short-interest ratio is currently 3.8 days. Approximately 1.9% of the company's shares are short sold. View Cass Information Systems' Short Interest. When is Cass Information Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 13th 2023. View our CASS earnings forecast. How were Cass Information Systems' earnings last quarter? Cass Information Systems, Inc. (NASDAQ:CASS) released its earnings results on Monday, April, 17th. The business services provider reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by $0.19. The business services provider had revenue of $49.35 million for the quarter, compared to analyst estimates of $50.98 million. Cass Information Systems had a net margin of 17.80% and a trailing twelve-month return on equity of 16.45%. 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 18th. Shareholders of record on Monday, June 5th will be paid a dividend of $0.29 per share on Thursday, June 15th. This represents a $1.16 annualized dividend and a yield of 2.88%. The ex-dividend date is Friday, June 2nd. 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 Ballast Small/Mid Cap ETF (MGMT), ProShares S&P Technology Dividend Aristocrats ETF (TDV), First Trust Dow Jones Select Microcap Index Fund (FDM), Inspire Fidelis Multi Factor ETF (FDLS), Vanguard U.S. Minimum Volatility ETF (VFMV), Royce Quant Small-Cap Quality Value ETF (SQLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV). Is Cass Information Systems a good dividend stock? Cass Information Systems (NASDAQ:CASS) pays an annual dividend of $1.16 per share and currently has a dividend yield of 3.00%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CASS will have a dividend payout ratio of 37.06% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CASS. 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). What is Cass Information Systems' stock symbol? Cass Information Systems trades on the NASDAQ under the ticker symbol "CASS." Who are Cass Information Systems' major shareholders? Cass Information Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.37%), Dimensional Fund Advisors LP (4.06%), State Street Corp (2.79%), Fenimore Asset Management Inc. (2.34%), Geode Capital Management LLC (1.98%) and Tributary Capital Management LLC (1.96%). Insiders that own company stock include Gary B Langfitt, 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. What is Cass Information Systems' stock price today? One share of CASS stock can currently be purchased for approximately $40.27. How much money does Cass Information Systems make? Cass Information Systems (NASDAQ:CASS) has a market capitalization of $552.50 million and generates $182.48 million in revenue each year. The business services provider earns $34.90 million in net income (profit) each year or $2.44 on an earnings per share basis. How many employees does Cass Information Systems have? The company employs 1,209 workers across the globe. How can I contact Cass Information Systems? Cass Information Systems' mailing address is 12444 Powerscourt Drive Suite 550, St. Louis MO, 63131. The official website for the company is www.cassinfo.com. The business services provider can be reached via phone at (314) 506-5500, via email at investor@cassinfo.com, or via fax at 314-506-5955. This page (NASDAQ:CASS) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cass Information Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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