Cass Information Systems - CASS Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cass Information Systems in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street 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.

1 equities research 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 anticipate the company's stock price to reach $45.00 in the next year. This suggests that the stock has a possible downside of 8.0%.
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 6.7% and is now trading at $48.89.
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Cass Information Systems saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 159,600 shares, an increase of 24.7% from the December 31st total of 128,000 shares. Based on an average daily volume of 43,100 shares, the days-to-cover ratio is currently 3.7 days. Approximately 1.3% of the company's shares are sold short.
View Cass Information Systems' Short Interest.

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 earnings results on Thursday, July, 23rd. The business services provider reported $0.37 earnings per share for the quarter. The business services provider earned $33.94 million during the quarter. Cass Information Systems had a net margin of 19.13% and a trailing twelve-month return on equity of 17.04%.

Cass Information Systems declared a quarterly dividend on Tuesday, October 18th. Stockholders of record on Monday, December 5th will be given a dividend of $0.29 per share on Thursday, December 15th. This represents a $1.16 annualized dividend and a dividend yield of 2.37%. The ex-dividend date of this dividend is Friday, December 2nd. This is a positive change from the stock's previous quarterly dividend of $0.28.
Read our dividend analysis for CASS.

Cass Information Systems (NASDAQ:CASS) pays an annual dividend of $1.16 per share and currently has a dividend yield of 2.37%. 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 Fenimore Asset Management Inc. (2.35%), Allspring Global Investments Holdings LLC (0.48%), LVZ Inc. (0.17%) and Strs Ohio (0.10%). Insiders that own company stock include Gary B Langfitt, Gary B Langfitt and Martin H Resch.
View institutional ownership trends.

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 $48.89.

Cass Information Systems (NASDAQ:CASS) has a market capitalization of $667.89 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 884 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.