Sectors & IndustriesFinancial Services
Best Financial Stocks to Buy Now (2024)
Top financial stocks in 2024 ranked by overall Zen Score. See the best financial stocks to buy now, according to analyst forecasts for the financial services sector.

Sector: Financial Services

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
GREE	GREENIDGE GENERATION HOLDINGS INC	NASDAQ	Capital Markets	$23.39M	$2.39	-4.02%	-$3.25M	-0.54x	-2.40
OXBR	OXBRIDGE RE HOLDINGS LTD	NASDAQ	Insurance - Reinsurance	$7.93M	$1.32	-0.75%	-$10.96M	-0.71x	0.61
LAZ	LAZARD INC	NYSE	Capital Markets	$4.37B	$38.77	0.23%	$101.38M	-149.12x	10.31
KINS	KINGSTONE COMPANIES INC	NASDAQ	Insurance - Property & Casualty	$44.14M	$4.01	-0.99%	-$389.56k	-7.04x	8.21
MHLD	MAIDEN HOLDINGS LTD	NASDAQ	Insurance - Reinsurance	$216.45M	$2.16	-1.82%	-$7.25M	-8.64x	4.89
PX	P10 INC	NYSE	Asset Management	$939.22M	$8.31	1.59%	$56.32M	-415.50x	1.20
RKT	ROCKET COMPANIES INC	NYSE	Mortgage Finance	$28.67B	$14.42	5.49%	$278.59M	96.13x	20.89
BCOW	1895 BANCORP OF WISCONSIN INC	NASDAQ	Banks - Regional	$43.64M	$7.27	0.55%	-$5.82M	-5.91x	6.89
BRBS	BLUE RIDGE BANKSHARES INC	NYSEMKT	Banks - Regional	$61.36M	$2.67	0.00%	-$64.37M	-0.87x	16.00
CFSB	CFSB BANCORP INC	NASDAQ	Banks - Regional	$43.64M	$6.58	-1.64%	$662.00k	N/A	3.72
NSTS	NSTS BANCORP INC	NASDAQ	Banks - Regional	$51.14M	$9.63	0.04%	-$3.07M	-10.94x	2.45
GSIW	GARDEN STAGE LTD	NASDAQ	Asset Management	$102.22M	$6.93	-0.43%	N/A	N/A	3.05
FSEA	FIRST SEACOAST BANCORP INC	NASDAQ	Banks - Regional	$46.20M	$9.10	4.24%	-$7.53M	-3.45x	7.91
CARV	CARVER BANCORP INC	NASDAQ	Banks - Regional	$8.58M	$1.72	2.99%	-$3.47M	-1.72x	17.15
TREE	LENDINGTREE INC	NASDAQ	Financial Conglomerates	$637.29M	$48.19	3.52%	-$105.67M	-4.65x	6.05
LDI	LOANDEPOT INC	NYSE	Mortgage Finance	$744.26M	$2.30	8.49%	$88.22M	-4.11x	17.28
PRA	PROASSURANCE CORP	NYSE	Insurance - Property & Casualty	$739.67M	$14.50	-1.89%	$21.53M	-26.85x	4.08
BLFY	BLUE FOUNDRY BANCORP	NASDAQ	Banks - Regional	$220.02M	$9.04	-0.55%	-$4.53M	-29.16x	4.75
SRBK	SR BANCORP INC	NASDAQ	Banks - Regional	$87.24M	$9.18	-0.49%	N/A	N/A	4.43
RDZN	ROADZEN INC	NASDAQ	Insurance Brokers	$241.60M	$3.53	9.63%	N/A	N/A	-109.08
HMST	HOMESTREET INC	NASDAQ	Banks - Regional	$193.10M	$10.24	-0.87%	-$33.91M	-4.81x	16.93
FFWM	FIRST FOUNDATION INC	NYSE	Banks - Regional	$301.21M	$5.33	1.14%	-$204.79M	-1.45x	13.63
TCBS	TEXAS COMMUNITY BANCSHARES INC	NASDAQ	Banks - Regional	$45.34M	$14.22	-0.12%	-$515.00k	-59.26x	7.42
PNBK	PATRIOT NATIONAL BANCORP INC	NASDAQ	Banks - Regional	$14.08M	$3.54	0.00%	-$4.39M	-3.37x	23.64
KFFB	KENTUCKY FIRST FEDERAL BANCORP	NASDAQ	Banks - Regional	$28.37M	$3.51	1.10%	-$206.00k	-70.16x	6.45
CWD	CALIBERCOS INC	NASDAQ	Asset Management	$17.83M	$0.82	-0.37%	$458.00k	-1.12x	-154.33
BETR	BETTER HOME & FINANCE HOLDING CO	NASDAQ	Asset Management	$336.39M	$0.45	3.49%	-$471.62M	-0.38x	6.39
CNFR	CONIFER HOLDINGS INC	NASDAQ	Insurance - Property & Casualty	$11.54M	$0.94	-6.53%	-$23.02M	-0.45x	106.93
BCG	BINAH CAPITAL GROUP INC	NASDAQ	Credit Services	$71.91M	$4.37	-19.04%	$7.22M	N/A	12.21
AAMC	ALTISOURCE ASSET MANAGEMENT CORP	NYSEMKT	Mortgage Finance	$7.84M	$3.07	8.10%	-$28.50M	-0.28x	-0.06
BENF	BENEFICIENT	NASDAQ	Asset Management	$16.65M	$4.82	2.99%	-$2.13B	-0.01x	-1.43
DOMA	DOMA HOLDINGS INC	NYSE	Insurance - Property & Casualty	$84.63M	$6.04	0.17%	-$66.96M	-0.79x	-6.36

Financial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Asset Management	102	-0.46%	+0.77%	+3.30%	+0.64%	27.67x	2.38x	+20.66%	+3.55%	+0.56%	+7.32%	Buy
Banks - Diversified	18	+0.10%	+1.87%	+6.17%	+26.62%	13.92x	1.14x	+11.95%	+0.93%	N/A	+14.58%	Buy
Banks - Regional	343	-0.30%	+0.35%	+7.63%	+26.33%	-9.36x	1.00x	+10.68%	+1.07%	-0.00%	+11.19%	Buy
Capital Markets	61	-0.08%	+0.13%	+8.66%	+30.88%	11.59x	1.90x	+10.52%	+1.99%	+0.60%	+4.26%	Buy
Credit Services	60	-0.30%	+0.47%	+1.82%	+22.95%	27.23x	4.96x	+78.83%	+17.35%	+31.00%	+4.24%	Buy
Financial Conglomerates	3	+3.04%	+2.44%	+27.31%	+28.84%	6.82x	1.99x	+6.53%	-0.83%	-1.06%	+8.38%	Strong Buy
Financial Data & Stock Exchanges	11	-0.33%	-0.04%	+0.46%	+23.06%	35.59x	4.45x	+7.41%	+6.15%	+13.45%	+10.59%	Buy
Insurance Brokers	19	-0.72%	+1.90%	+3.22%	+16.14%	29.98x	6.88x	-129.72%	+6.90%	+17.14%	+9.42%	Buy
Insurance - Diversified	14	-0.73%	+1.02%	+5.56%	+26.37%	12.03x	1.55x	+14.43%	+6.28%	+0.02%	+13.03%	Strong Buy
Insurance - Life	19	-0.37%	+0.75%	+6.45%	+42.21%	15.66x	1.43x	+12.81%	+1.41%	+0.01%	+9.26%	Buy
Insurance - Property & Casualty	37	-1.37%	-0.48%	+5.15%	+25.27%	17.32x	2.18x	+18.77%	+4.23%	+0.01%	+1.36%	Buy
Insurance - Reinsurance	9	-0.71%	+1.26%	+7.96%	+11.97%	7.84x	1.19x	+20.04%	+3.74%	N/A	+9.31%	Buy
Insurance - Specialty	21	-0.08%	+0.98%	+4.36%	+19.75%	25.12x	1.57x	+11.87%	+4.11%	+1.05%	+11.62%	Buy
Mortgage Finance	15	-1.40%	+0.28%	+7.20%	+20.18%	66.77x	0.41x	+4.17%	+0.60%	N/A	+11.70%	Buy

Financial Stocks FAQ

What are the best financial stocks to buy right now in May 2024?

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

1. Marathon Digital Holdings (NASDAQ:MARA)

Marathon Digital Holdings (NASDAQ:MARA) is the top financial stock with a Zen Score of 76, which is 44 points higher than the financial sector average of 32. It passed 25 out of 33 due diligence checks and has strong fundamentals. Marathon Digital Holdings has seen its stock return 80.92% over the past year, overperforming other financial stocks by 59 percentage points.

Marathon Digital Holdings has an average 1 year price target of $21.90, an upside of 26.88% from Marathon Digital Holdings's current stock price of $17.26.

Marathon Digital Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Marathon Digital Holdings, 20% have issued a Strong Buy rating, 20% have issued a Buy, 40% have issued a Hold, while 0% have issued a Sell rating, and 20% have issued a Strong Sell.

2. Riot Platforms (NASDAQ:RIOT)

Riot Platforms (NASDAQ:RIOT) is the second best financial stock with a Zen Score of 68, which is 36 points higher than the financial sector average of 32. It passed 22 out of 33 due diligence checks and has strong fundamentals. Riot Platforms has seen its stock lose -14.26% over the past year, underperforming other financial stocks by -36 percentage points.

Riot Platforms has an average 1 year price target of $17.86, an upside of 87.97% from Riot Platforms's current stock price of $9.50.

Riot Platforms stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Riot Platforms, 57.14% have issued a Strong Buy rating, 42.86% have issued a Buy, 0% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Noah Holdings (NYSE:NOAH)

Noah Holdings (NYSE:NOAH) is the third best financial stock with a Zen Score of 65, which is 33 points higher than the financial sector average of 32. It passed 24 out of 38 due diligence checks and has strong fundamentals. Noah Holdings has seen its stock lose -4.52% over the past year, underperforming other financial stocks by -26 percentage points.

What are the financial stocks with highest dividends?

Out of 467 financial stocks that have issued dividends in the past year, the 3 financial stocks with the highest dividend yields are:

1. Scully Royalty (NYSE:SRL)

Scully Royalty (NYSE:SRL) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.16%. Scully Royalty's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Scully Royalty's dividend has shown consistent growth over the last 10 years.

Scully Royalty's dividend payout ratio of 260.7% indicates that its dividend yield might not be sustainable for the long-term.

2. Blue Ridge Bankshares (NYSEMKT:BRBS)

Blue Ridge Bankshares (NYSEMKT:BRBS) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.16%.

Blue Ridge Bankshares's dividend payout ratio of 0% indicates that its dividend yield might not be sustainable for the long-term.

3. Mbia (NYSE:MBI)

Mbia (NYSE:MBI) has an annual dividend yield of 134.23%, which is 130 percentage points higher than the financial sector average of 4.16%. Mbia's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Mbia's dividend has not shown consistent growth over the last 10 years.

Mbia's dividend payout ratio of -78.7% indicates that its high dividend yield might not be sustainable for the long-term.

Why are financial stocks down?

Financial stocks were down -0.51% in the last day, and up 0.42% over the last week. Coinbase was the among the top losers in the financial services sector, dropping -0.7% yesterday.

Shares of crypto-related stocks are trading higher amid a rise in Bitcoin.

What are the most undervalued financial stocks?

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

1. International General Insurance Holdings (NASDAQ:IGIC)

International General Insurance Holdings (NASDAQ:IGIC) is the most undervalued financial stock based on WallStreetZen's Valuation Score. International General Insurance Holdings has a valuation score of 100, which is 60 points higher than the financial sector average of 40. It passed 7 out of 7 valuation due diligence checks.

International General Insurance Holdings's stock has gained 77.78% in the past year. It has overperformed other stocks in the financial sector by 56 percentage points.

2. First Us Bancshares (NASDAQ:FUSB)

First Us Bancshares (NASDAQ:FUSB) is the second most undervalued financial stock based on WallStreetZen's Valuation Score. First Us Bancshares has a valuation score of 100, which is 60 points higher than the financial sector average of 40. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 51.93% in the past year. It has overperformed other stocks in the financial sector by 30 percentage points.

3. Southern Missouri Bancorp (NASDAQ:SMBC)

Southern Missouri Bancorp (NASDAQ:SMBC) is the third most undervalued financial stock based on WallStreetZen's Valuation Score. Southern Missouri Bancorp has a valuation score of 100, which is 60 points higher than the financial sector average of 40. It passed 7 out of 7 valuation due diligence checks.

Southern Missouri Bancorp's stock has gained 30.59% in the past year. It has overperformed other stocks in the financial sector by 9 percentage points.

Are financial stocks a good buy now?

37.15% of financial stocks rated by analysts are a buy right now. On average, analysts expect financial stocks to rise by 8.01% over the next year.

What is the average p/e ratio of the financial services sector?

The average P/E ratio of the financial services sector is 16.17x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.