Sectors & IndustriesFinancial Services

Best Financial Stocks to Buy Now (2022)

Top financial stocks in 2022 ranked by overall Zen Score. See the best financial stocks to buy now, according to analyst forecasts for the financial services sector.

According to Zen Score, the 3 best financial service stocks to buy right now are:

Assetmark Financial Holdings (NYSE:AMK) is the top financial stock with a Zen Score of 69, which is 33 points higher than the financial sector average of 36. It passed 23 out of 33 due diligence checks and has strong fundamentals. Assetmark Financial Holdings has seen its stock lose -27.58% over the past year, underperforming other financial stocks by -10 percentage points.

Assetmark Financial Holdings has an average 1 year price target of $32.50, an upside of 74.36% from Assetmark Financial Holdings's current stock price of $18.64.

Assetmark Financial Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Assetmark Financial Holdings, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Hywin Holdings (NASDAQ:HYW) is the second best financial stock with a Zen Score of 65, which is 29 points higher than the financial sector average of 36. It passed 21 out of 33 due diligence checks and has strong fundamentals. Hywin Holdings has seen its stock lose -0.98% over the past year, overperforming other financial stocks by 17 percentage points.

Northeast Community Bancorp (NASDAQ:NECB) is the third best financial stock with a Zen Score of 63, which is 27 points higher than the financial sector average of 36. It passed 24 out of 38 due diligence checks and has strong fundamentals. Northeast Community Bancorp has seen its stock return 12.77% over the past year, overperforming other financial stocks by 31 percentage points.

Northeast Community Bancorp has an average 1 year price target of $13.50, an upside of 9.22% from Northeast Community Bancorp's current stock price of $12.36.

Northeast Community Bancorp stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Northeast Community Bancorp, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

Out of 561 financial stocks that have issued dividends in the past year, the 3 financial stocks with the highest dividend yields are:

Goosehead Insurance (NASDAQ:GSHD) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.38%.

Goosehead Insurance's dividend payout ratio of 1,253.8% indicates that its dividend yield might not be sustainable for the long-term.

Crawford & Co (NYSE:CRD.A) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.38%. Crawford & Co's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Crawford & Co's dividend has not shown consistent growth over the last 10 years.

Crawford & Co's dividend payout ratio of 12.8% indicates that its dividend yield is sustainable for the long-term.

Suro Capital (NASDAQ:SSSS) has an annual dividend yield of 69.76%, which is 65 percentage points higher than the financial sector average of 4.38%. Suro Capital's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Suro Capital's dividend has shown consistent growth over the last 10 years.

Suro Capital's dividend payout ratio of 262.1% indicates that its high dividend yield might not be sustainable for the long-term.

Financial stocks were down -0.32% in the last day, and down -6.4% over the last week.

We couldn't find a catalyst for why financial stocks are down.

Based on WallStreetZen's Valuation Score, the 3 most undervalued financial stocks right now are:

Mainstreet Bancshares (NASDAQ:MNSB) is the most undervalued financial stock based on WallStreetZen's Valuation Score. Mainstreet Bancshares has a valuation score of 100, which is 48 points higher than the financial sector average of 52. It passed 7 out of 7 valuation due diligence checks.

Mainstreet Bancshares's stock has dropped -3.42% in the past year. It has overperformed other stocks in the financial sector by 15 percentage points.

Rhinebeck Bancorp (NASDAQ:RBKB) is the second most undervalued financial stock based on WallStreetZen's Valuation Score. Rhinebeck Bancorp has a valuation score of 100, which is 48 points higher than the financial sector average of 52. It passed 7 out of 7 valuation due diligence checks.

Rhinebeck Bancorp's stock has dropped -7.59% in the past year. It has overperformed other stocks in the financial sector by 10 percentage points.

International General Insurance Holdings (NASDAQ:IGIC) is the third most undervalued financial stock based on WallStreetZen's Valuation Score. International General Insurance Holdings has a valuation score of 100, which is 48 points higher than the financial sector average of 52. It passed 7 out of 7 valuation due diligence checks.

International General Insurance Holdings's stock has dropped -13.59% in the past year. It has overperformed other stocks in the financial sector by 4 percentage points.