Cass Information Systems - CASS Stock Forecast, Price & News

1 Wall Street equities 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 equities 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.
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1 equities research analysts have issued 12-month price targets for Cass Information Systems' stock. Their CASS share price forecasts range from $45.00 to $45.00. On average, they predict the company's stock price to reach $45.00 in the next year. This suggests that the stock has a possible downside of 2.5%.
View analysts price targets for CASS or view top-rated stocks among Wall Street analysts.

Cass Information Systems' stock was trading at $45.82 at the start of the year. Since then, CASS stock has increased by 0.7% and is now trading at $46.15.
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Cass Information Systems saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 171,100 shares, an increase of 5.2% from the February 13th total of 162,600 shares. Based on an average daily volume of 53,200 shares, the short-interest ratio is currently 3.2 days. Approximately 1.4% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023.
View our CASS earnings forecast.

Cass Information Systems, Inc. (NASDAQ:CASS) posted its quarterly earnings data on Thursday, January, 19th. The business services provider reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.71 by $0.04. The business services provider had revenue of $48.95 million for the quarter, compared to analysts' expectations of $49.50 million. Cass Information Systems had a trailing twelve-month return on equity of 17.01% and a net margin of 19.13%.

Cass Information Systems announced a quarterly dividend on Tuesday, January 24th. Stockholders of record on Friday, March 3rd will be paid a dividend of $0.29 per share on Wednesday, March 15th. This represents a $1.16 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend is Thursday, March 2nd.
Read our dividend analysis for CASS.

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), Vanguard U.S. Minimum Volatility ETF (VFMV), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Royce Quant Small-Cap Quality Value ETF (SQLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and IQ Chaikin U.S. Small Cap ETF (CSML).

Cass Information Systems (NASDAQ:CASS) pays an annual dividend of $1.16 per share and currently has a dividend yield of 2.57%. 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 45.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CASS will have a dividend payout ratio of 34.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CASS.

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.

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).

Cass Information Systems trades on the NASDAQ under the ticker symbol "CASS."

Cass Information Systems' stock is owned by many different retail and institutional investors. Top institutional shareholders include Moneta Group Investment Advisors LLC (331.44%), Dimensional Fund Advisors LP (4.05%), Heartland Advisors Inc. (2.44%), Fenimore Asset Management Inc. (2.35%), Geode Capital Management LLC (1.95%) and Tributary Capital Management LLC (1.90%). Insiders that own company stock include Gary B Langfitt, Gary B Langfitt and Martin H Resch.
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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.
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One share of CASS stock can currently be purchased for approximately $46.15.

Cass Information Systems (NASDAQ:CASS) has a market capitalization of $632.72 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 $2.53 on an earnings per share basis.

The company employs 1,209 workers across the globe.

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.