Inceptionr LLC Acquires New Holdings in Cass Information Systems, Inc $CASS

Inceptionr LLC acquired 6,551 shares of Cass Information Systems, Inc valued at $285,000 in Q2, as per its latest SEC Form 13F filing. Other institutional investors also modified their holdings. Analysts have mixed ratings on CASS, with a consensus 'Hold' rating and a price target of $45.50. Cass Information Systems reported Q3 earnings of $0.69 per share, beating estimates. The company increased its quarterly dividend to $0.32 per share, yielding 3.0%.

Cass Information Systems Authorizes Stock Repurchase Program

Cass Information Systems' Board of Directors has authorized a stock repurchase program for up to 1,000,000 shares, replacing a previous authorization of 500,000 shares. This initiative aims to enhance capital return flexibility and mitigate stock-based compensation dilution. The company has a stable financial base with zero debt but faces challenges in profitability. Analysts rate CASS stock as a Buy with a $45.00 price target, while TipRanks' AI Analyst suggests a Neutral outlook due to technical indicators and valuation metrics.

Cass Info Sys | 10-Q: FY2025 Q3 Revenue: USD 50.06 M

Cass Information Systems (NASDAQ:CASS) Will Pay A Larger Dividend Than Last Year At $0.32

Cass Information Systems (NASDAQ:CASS) has announced an increase in its dividend to $0.32, yielding 3.2%, above the industry average. The company has a solid track record of stable dividend payments, growing at an annual rate of 7.2% since 2015. Earnings per share are forecasted to rise by 63.3% next year, suggesting a sustainable payout ratio of 39%. However, growth in earnings per share has been modest at 3.9% annually, indicating limited investment opportunities. Overall, the increased dividend is seen as a positive sign for investors.

Cass Information Systems (NASDAQ:CASS) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Cass Information Systems (NASDAQ:CASS) reported quarterly earnings of $0.69 EPS, exceeding expectations by $0.06. The company had a net margin of 13.22% and a return on equity of 9.02%. Revenue was $50.06 million, slightly below the $50.20 million estimate. Shares rose 0.7% to $38.30. Analyst ratings show a mix of hold and sell recommendations, with an average rating of "Hold" and a price target of $46.50. Institutional investors hold 59.08% of the stock, indicating strong interest in the company.