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
CWD	CALIBERCOS INC	NASDAQ	Asset Management	$17.84M	$0.82	-0.61%	$2.85M	-1.30x	88.99
PWP	PERELLA WEINBERG PARTNERS	NASDAQ	Capital Markets	$1.38B	$15.97	0.31%	$9.63M	-39.93x	3.23
GSIW	GARDEN STAGE LTD	NASDAQ	Asset Management	$108.63M	$7.37	5.21%	N/A	N/A	3.05
NSTS	NSTS BANCORP INC	NASDAQ	Banks - Regional	$51.05M	$9.60	0.21%	-$2.69M	-12.16x	2.31
DNB	DUN & BRADSTREET HOLDINGS INC	NYSE	Financial Data & Stock Exchanges	$4.09B	$9.31	1.31%	$727.50M	-84.64x	1.67
BCOW	1895 BANCORP OF WISCONSIN INC	NASDAQ	Banks - Regional	$42.82M	$7.09	0.50%	-$5.91M	-5.76x	6.66
BRBS	BLUE RIDGE BANKSHARES INC	NYSEMKT	Banks - Regional	$51.84M	$2.70	0.00%	-$55.85M	-0.99x	15.76
SUPV	GRUPO SUPERVIELLE SA	NYSE	Banks - Regional	$540.40M	$6.08	-1.94%	$6.82M	-23.94x	6.55
FSEA	FIRST SEACOAST BANCORP INC	NASDAQ	Banks - Regional	$44.43M	$8.75	0.11%	-$6.23M	-3.82x	7.57
AMBC	AMBAC FINANCIAL GROUP INC	NYSE	Insurance - Specialty	$661.66M	$14.64	0.41%	$106.00M	81.33x	5.14
UWMC	UWM HOLDINGS CORP	NYSE	Mortgage Finance	$10.23B	$6.41	2.56%	$350.58M	-45.79x	83.49
PT	PINTEC TECHNOLOGY HOLDINGS LTD	NASDAQ	Credit Services	$17.81M	$1.10	1.85%	N/A	-1.01x	-0.71
CARV	CARVER BANCORP INC	NASDAQ	Banks - Regional	$7.93M	$1.59	1.27%	-$3.47M	-1.59x	17.15
DOMA	DOMA HOLDINGS INC	NYSE	Insurance - Property & Casualty	$84.16M	$6.06	0.83%	-$91.38M	-0.65x	-10.27
LDI	LOANDEPOT INC	NYSE	Mortgage Finance	$781.87M	$2.42	2.11%	$76.59M	-3.84x	15.42
BLFY	BLUE FOUNDRY BANCORP	NASDAQ	Banks - Regional	$209.06M	$8.59	2.02%	-$4.53M	-27.71x	4.75
RDZN	ROADZEN INC	NASDAQ	Insurance Brokers	$342.20M	$5.00	0.81%	N/A	N/A	-109.08
LAZ	LAZARD INC	NYSE	Capital Markets	$4.47B	$39.63	2.94%	$8.28M	-44.03x	9.60
SRBK	SR BANCORP INC	NASDAQ	Banks - Regional	$89.37M	$9.40	1.40%	N/A	N/A	4.43
FFWM	FIRST FOUNDATION INC	NYSE	Banks - Regional	$391.89M	$6.94	0.29%	-$194.00M	-1.97x	13.40
OCN	OCWEN FINANCIAL CORP	NYSE	Mortgage Finance	$190.34M	$24.77	1.31%	$523.90M	-2.97x	30.14
PRA	PROASSURANCE CORP	NYSE	Insurance - Property & Casualty	$700.33M	$13.74	0.37%	$10.02M	-18.82x	4.07
TCBS	TEXAS COMMUNITY BANCSHARES INC	NASDAQ	Banks - Regional	$45.36M	$14.23	-0.14%	-$515.00k	-59.29x	7.42
OXBR	OXBRIDGE RE HOLDINGS LTD	NASDAQ	Insurance - Reinsurance	$6.28M	$1.07	4.90%	-$9.91M	-0.63x	0.55
KFFB	KENTUCKY FIRST FEDERAL BANCORP	NASDAQ	Banks - Regional	$30.73M	$3.80	0.00%	-$206.00k	-76.00x	6.45
PNBK	PATRIOT NATIONAL BANCORP INC	NASDAQ	Banks - Regional	$14.71M	$3.70	2.78%	-$4.39M	-3.52x	23.64
BETR	BETTER HOME & FINANCE HOLDING CO	NASDAQ	Asset Management	$314.46M	$0.42	-1.19%	-$471.62M	-0.36x	6.39
BENF	BENEFICIENT	NASDAQ	Asset Management	$16.58M	$4.80	0.00%	-$2.13B	-0.01x	-1.43
AAMC	ALTISOURCE ASSET MANAGEMENT CORP	NYSEMKT	Mortgage Finance	$8.12M	$3.18	-2.15%	-$28.50M	-0.29x	-0.06
CNFR	CONIFER HOLDINGS INC	NASDAQ	Insurance - Property & Casualty	$11.81M	$0.97	0.00%	-$23.02M	-0.46x	106.93
ARBK	ARGO BLOCKCHAIN PLC	NASDAQ	Capital Markets	$81.66M	$1.56	-1.27%	N/A	N/A	-29.52
RKT	ROCKET COMPANIES INC	NYSE	Mortgage Finance	$25.08B	$12.63	5.51%	$235.33M	-105.25x	17.49
BCG	BINAH CAPITAL GROUP INC	NASDAQ	Credit Services	$118.95M	$7.23	13.87%	$7.22M	N/A	12.21

Financial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Asset Management	102	+0.50%	+2.52%	-1.90%	-4.46%	31.24x	2.37x	+18.90%	+3.24%	+0.52%	+8.52%	Buy
Banks - Diversified	18	+1.07%	+5.19%	-0.54%	+19.96%	13.45x	1.12x	+12.08%	+0.95%	N/A	+16.83%	Buy
Banks - Regional	344	+0.80%	+5.38%	-0.34%	+15.08%	-10.89x	0.99x	+11.81%	+1.13%	-0.00%	+12.80%	Buy
Capital Markets	60	+1.76%	+5.58%	+1.50%	+18.10%	20.42x	1.87x	+10.33%	+1.68%	+0.38%	+5.96%	Buy
Credit Services	60	+1.57%	+2.95%	-0.50%	+18.43%	28.54x	4.92x	+80.21%	+17.04%	+29.82%	+0.30%	Buy
Financial Conglomerates	3	+1.57%	+4.16%	-2.56%	-3.74%	9.37x	1.72x	+7.80%	-0.53%	-1.21%	+14.75%	Strong Buy
Financial Data & Stock Exchanges	11	-2.89%	-0.88%	-6.61%	+16.12%	96.77x	4.56x	+6.02%	+5.65%	+11.26%	+12.84%	Buy
Insurance Brokers	19	+0.53%	+2.17%	-4.21%	+16.97%	31.03x	6.95x	-136.91%	+6.89%	+18.78%	+7.95%	Buy
Insurance - Diversified	14	+0.43%	+3.02%	-1.42%	+25.41%	9.84x	1.56x	+18.24%	+8.19%	+0.02%	+14.77%	Buy
Insurance - Life	20	+1.22%	+3.47%	-5.38%	+37.82%	16.39x	1.40x	+10.73%	+1.26%	+0.02%	+14.44%	Buy
Insurance - Property & Casualty	37	+0.08%	+2.39%	-2.34%	+20.89%	4.71x	2.25x	+14.99%	+3.45%	+0.01%	+2.89%	Buy
Insurance - Reinsurance	9	-1.03%	+3.14%	-3.97%	+8.83%	7.30x	1.16x	+21.45%	+3.82%	N/A	+13.20%	Buy
Insurance - Specialty	21	+1.11%	+3.37%	-2.01%	+18.00%	28.80x	1.55x	+10.42%	+3.88%	+0.96%	+12.94%	Buy
Mortgage Finance	15	+1.67%	+4.63%	-1.40%	+13.08%	-51.90x	0.39x	-1.96%	+0.40%	N/A	+11.68%	Buy

Financial Stocks FAQ

What are the best financial stocks to buy right now in Apr 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 70, which is 38 points higher than the financial sector average of 32. It passed 23 out of 33 due diligence checks and has strong fundamentals. Marathon Digital Holdings has seen its stock return 118.67% over the past year, overperforming other financial stocks by 104 percentage points.

Marathon Digital Holdings has an average 1 year price target of $23.36, an upside of 20.16% from Marathon Digital Holdings's current stock price of $19.44.

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. Heritage Global (NASDAQ:HGBL)

Heritage Global (NASDAQ:HGBL) is the second best financial stock with a Zen Score of 64, which is 32 points higher than the financial sector average of 32. It passed 20 out of 33 due diligence checks and has strong fundamentals. Heritage Global has seen its stock lose -13.49% over the past year, underperforming other financial stocks by -28 percentage points.

3. Open Lending (NASDAQ:LPRO)

Open Lending (NASDAQ:LPRO) is the third best financial stock with a Zen Score of 63, which is 31 points higher than the financial sector average of 32. It passed 20 out of 33 due diligence checks and has strong fundamentals. Open Lending has seen its stock lose -26.74% over the past year, underperforming other financial stocks by -42 percentage points.

Open Lending has an average 1 year price target of $7.33, an upside of 47.84% from Open Lending's current stock price of $4.96.

Open Lending stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Open Lending, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a Hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the financial stocks with highest dividends?

Out of 470 financial stocks that have issued dividends in the past year, the 3 financial stocks with the highest dividend yields are:

1. 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 4.26%.

Blue Ridge Bankshares's dividend payout ratio of -4.5% indicates that its dividend yield might not be sustainable for the long-term.

2. Ubs Group Ag (NYSE:UBS)

Ubs Group Ag (NYSE:UBS) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.26%. Ubs Group Ag's dividend payout is not stable, having dropped more than 10% two times in the last 10 years. Ubs Group Ag's dividend has not shown consistent growth over the last 10 years.

Ubs Group Ag's dividend payout ratio of 2.7% indicates that its dividend yield is sustainable for the long-term.

3. Proassurance (NYSE:PRA)

Proassurance (NYSE:PRA) has an annual dividend yield of N/A, which is N/A percentage points lower than the financial sector average of 4.26%. Proassurance's dividend payout is not stable, having dropped more than 10% six times in the last 10 years. Proassurance's dividend has not shown consistent growth over the last 10 years.

Proassurance's dividend payout ratio of -6.8% indicates that its dividend yield might not be sustainable for the long-term.

Why are financial stocks up?

Financial stocks were up 0.49% in the last day, and up 3.49% over the last week. Oportun Financial was the among the top gainers in the financial services sector, gaining 40% yesterday.

Oportun Financial shares are trading higher after the company announced preliminary Q1 total revenue above estimates.

What are the most undervalued financial stocks?

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

1. First Business Financial Services (NASDAQ:FBIZ)

First Business Financial Services (NASDAQ:FBIZ) is the most undervalued financial stock based on WallStreetZen's Valuation Score. First Business Financial Services has a valuation score of 100, which is 57 points higher than the financial sector average of 43. It passed 7 out of 7 valuation due diligence checks.

First Business Financial Services's stock has gained 21.26% in the past year. It has overperformed other stocks in the financial sector by 6 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 57 points higher than the financial sector average of 43. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 27.38% in the past year. It has overperformed other stocks in the financial sector by 12 percentage points.

3. Hanover Bancorp (NASDAQ:HNVR)

Hanover Bancorp (NASDAQ:HNVR) is the third most undervalued financial stock based on WallStreetZen's Valuation Score. Hanover Bancorp has a valuation score of 100, which is 57 points higher than the financial sector average of 43. It passed 7 out of 7 valuation due diligence checks.

Hanover Bancorp's stock has dropped -7.14% in the past year. It has underperformed other stocks in the financial sector by -22 percentage points.

Are financial stocks a good buy now?

33.97% of financial stocks rated by analysts are a buy right now. On average, analysts expect financial stocks to rise by 9.21% 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 19.07x.

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.