Cass Information Systems (CASS) to Release Earnings on Thursday

Cass Information Systems (NASDAQ:CASS) is anticipated to announce its earnings results before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $51.49 million for the quarter.

Cass Information Systems (NASDAQ:CASS) last released its quarterly earnings results on Thursday, January 23rd. The business services provider reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.10). Cass Information Systems had a net margin of 9.62% and a return on equity of 8.25%. On average, analysts expect Cass Information Systems to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Cass Information Systems Trading Up 1.0 %

Shares of NASDAQ CASS opened at $39.94 on Wednesday. The firm has a fifty day simple moving average of $42.75 and a two-hundred day simple moving average of $42.48. Cass Information Systems has a 12 month low of $37.99 and a 12 month high of $47.14. The firm has a market capitalization of $537.79 million, a PE ratio of 28.94 and a beta of 0.49.

Cass Information Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Tuesday, March 4th were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 3.10%. The ex-dividend date of this dividend was Tuesday, March 4th. Cass Information Systems’s dividend payout ratio is currently 89.86%.

Cass Information Systems Company Profile

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.