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

Overview Zen Score Price Valuation Financials

Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Market Cap	ROE	ROA	ROCE	ROIC	D/E	Current Ratio	Gross Margin	Profit Margin	Operating Margin
MHLD	MAIDEN HOLDINGS LTD	$213.00M	-14.70%	-2.40%	N/A	-1.10%	5.10	N/A	31.40%	-43.20%	-22.58%
PWP	PERELLA WEINBERG PARTNERS	$1.31B	-12.10%	-2.80%	N/A	-3.10%	3.23	N/A	6.10%	-2.70%	-2.76%
CWD	CALIBERCOS INC	$17.41M	-456.80%	-4.00%	N/A	-1.50%	88.99	N/A	-22.20%	-14.00%	-8.78%
BCOW	1895 BANCORP OF WISCONSIN INC	$42.61M	-9.30%	-1.20%	N/A	-1.00%	6.66	N/A	100.00%	-63.80%	-60.19%
TREE	LENDINGTREE INC	$487.15M	-70.00%	-13.00%	-20.16%	-15.50%	5.47	2.60	94.20%	-18.20%	-21.80%
NSTS	NSTS BANCORP INC	$50.55M	-5.00%	-1.50%	N/A	-1.20%	2.31	N/A	100.00%	-80.90%	-60.44%
BRBS	BLUE RIDGE BANKSHARES INC	$48.00M	-24.10%	-1.60%	N/A	-1.80%	15.76	N/A	100.00%	-52.20%	-59.28%
DNB	DUN & BRADSTREET HOLDINGS INC	$4.11B	-1.40%	-0.50%	1.74%	4.10%	1.67	0.63	64.10%	-2.00%	6.08%
FSEA	FIRST SEACOAST BANCORP INC	$43.66M	-15.20%	-1.90%	N/A	-1.10%	7.57	N/A	100.00%	-114.40%	-72.06%
AMBC	AMBAC FINANCIAL GROUP INC	$667.08M	0.30%	0.00%	N/A	0.70%	5.14	N/A	112.30%	1.50%	27.88%
GSIW	GARDEN STAGE LTD	$103.40M	N/A	N/A	N/A	N/A	3.05	1.19	N/A	N/A	N/A
LAZ	LAZARD INC	$4.44B	-4.60%	-0.40%	N/A	-0.10%	10.31	N/A	100.00%	-0.60%	-0.15%
PT	PINTEC TECHNOLOGY HOLDINGS LTD	$17.43M	N/A	-17.90%	23.50%	54.20%	-0.71	0.29	-6.30%	-96.50%	-70.54%
CARV	CARVER BANCORP INC	$7.98M	-10.60%	-0.60%	N/A	-0.60%	17.15	N/A	100.00%	-16.30%	-16.28%
ECPG	ENCORE CAPITAL GROUP INC	$990.31M	-18.10%	-4.40%	N/A	0.30%	3.94	N/A	78.70%	-16.90%	1.77%
DOMA	DOMA HOLDINGS INC	$84.30M	-2,447.20%	-43.90%	N/A	-30.50%	-10.27	N/A	14.20%	-40.00%	-33.31%
LDI	LOANDEPOT INC	$691.41M	-28.90%	-1.80%	N/A	0.20%	15.42	N/A	34.30%	-11.30%	2.17%
BLFY	BLUE FOUNDRY BANCORP	$210.52M	-2.00%	-0.40%	N/A	-0.30%	4.75	N/A	100.00%	-16.70%	-16.75%
RDZN	ROADZEN INC	$338.78M	N/A	N/A	N/A	N/A	-109.08	0.80	N/A	N/A	N/A
UWMC	UWM HOLDINGS CORP	$10.11B	-10.80%	-0.10%	N/A	1.60%	83.49	N/A	41.60%	-1.00%	22.92%
SRBK	SR BANCORP INC	$87.09M	N/A	N/A	N/A	N/A	4.43	N/A	N/A	N/A	N/A
PRA	PROASSURANCE CORP	$682.49M	-3.50%	-0.70%	N/A	-0.30%	4.07	N/A	29.60%	-3.40%	-1.41%
OCN	OCWEN FINANCIAL CORP	$189.27M	-15.00%	-0.50%	N/A	2.10%	30.14	N/A	100.00%	-6.00%	47.98%
FFWM	FIRST FOUNDATION INC	$337.11M	-20.40%	-1.50%	N/A	-1.50%	13.40	N/A	100.00%	-79.00%	-79.35%
TCBS	TEXAS COMMUNITY BANCSHARES INC	$45.36M	-1.40%	-0.20%	N/A	-0.20%	7.42	N/A	100.00%	-6.60%	-8.47%
OXBR	OXBRIDGE RE HOLDINGS LTD	$6.25M	-90.90%	-72.10%	N/A	-96.20%	0.55	N/A	102.00%	140.70%	140.66%
PNBK	PATRIOT NATIONAL BANCORP INC	$13.46M	-8.70%	-0.40%	N/A	-0.40%	23.64	N/A	100.00%	-15.40%	-20.80%
KFFB	KENTUCKY FIRST FEDERAL BANCORP	$30.65M	-0.70%	-0.10%	N/A	-0.10%	6.45	N/A	100.00%	-4.60%	-5.94%
BETR	BETTER HOME & FINANCE HOLDING CO	$315.22M	N/A	-76.90%	N/A	-56.20%	6.39	N/A	-27.00%	-698.30%	-669.76%
BCG	BINAH CAPITAL GROUP INC	$114.80M	11.40%	0.80%	N/A	9.90%	12.21	N/A	18.90%	0.30%	3.34%
RKT	ROCKET COMPANIES INC	$24.64B	-2.60%	-0.10%	N/A	0.50%	17.49	N/A	40.60%	-0.40%	3.29%
CNFR	CONIFER HOLDINGS INC	$10.88M	-192.30%	-8.70%	N/A	-7.30%	106.93	N/A	16.60%	-26.20%	-22.97%
BENF	BENEFICIENT	$13.16M	-667.60%	-129.90%	N/A	-339.50%	-1.43	N/A	100.00%	1,347.70%	1,330.71%
AAMC	ALTISOURCE ASSET MANAGEMENT CORP	$7.48M	N/A	-46.80%	N/A	-35.10%	-0.06	N/A	100.00%	-1,027.70%	-921.38%

Financial Industries

Industry	Stocks	1d %	1w %	1m %	1y %	P/E ratio	P/B Ratio	ROE	ROA	ROCE	Upside/Downside	Consensus
Asset Management	102	-0.12%	-0.12%	-3.25%	-3.56%	31.11x	2.33x	+18.94%	+3.30%	+0.55%	+9.16%	Buy
Banks - Diversified	18	-0.20%	+0.59%	-2.18%	+20.75%	13.38x	1.12x	+12.05%	+0.94%	N/A	+18.09%	Buy
Banks - Regional	344	-0.92%	+0.27%	-1.67%	+17.51%	-9.83x	0.98x	+11.80%	+1.14%	-0.00%	+14.99%	Buy
Capital Markets	61	+0.73%	+1.95%	+0.74%	+18.90%	18.75x	1.87x	+10.61%	+1.73%	+0.41%	+6.47%	Buy
Credit Services	60	-0.12%	+1.01%	-1.47%	+17.57%	27.92x	4.93x	+80.29%	+17.04%	+29.79%	+1.94%	Buy
Financial Conglomerates	3	+1.32%	+14.99%	+5.53%	+10.80%	8.11x	1.88x	+4.87%	-0.64%	-1.13%	+14.65%	Strong Buy
Financial Data & Stock Exchanges	11	-0.89%	-3.49%	-7.02%	+19.44%	86.51x	4.48x	+5.56%	+5.95%	+11.66%	+12.12%	Buy
Insurance Brokers	19	-0.16%	-2.75%	-7.47%	+13.55%	29.63x	6.67x	-132.52%	+6.85%	+17.09%	+13.48%	Buy
Insurance - Diversified	14	+0.71%	-0.68%	-4.55%	+21.83%	9.62x	1.53x	+18.25%	+8.19%	+0.02%	+16.34%	Buy
Insurance - Life	20	+0.66%	+1.14%	-6.04%	+35.71%	16.22x	1.40x	+10.77%	+1.27%	+0.02%	+13.20%	Buy
Insurance - Property & Casualty	37	+0.15%	-2.10%	-4.63%	+18.61%	4.28x	2.17x	+15.03%	+3.49%	+0.01%	+5.49%	Buy
Insurance - Reinsurance	9	+0.90%	-0.93%	-5.37%	+6.93%	7.28x	1.17x	+21.50%	+3.83%	N/A	+13.07%	Buy
Insurance - Specialty	21	+0.47%	-0.55%	-4.91%	+13.74%	27.55x	1.53x	+10.42%	+3.90%	+0.93%	+14.71%	Buy
Mortgage Finance	15	+0.53%	+0.12%	-3.31%	+11.98%	-51.36x	0.39x	-1.61%	+0.50%	N/A	+15.83%	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 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 105.35% over the past year, overperforming other financial stocks by 90 percentage points.

Marathon Digital Holdings has an average 1 year price target of $23.36, an upside of 29.56% from Marathon Digital Holdings's current stock price of $18.03.

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. Noah Holdings (NYSE:NOAH)

Noah Holdings (NYSE:NOAH) is the second 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 -20.74% over the past year, underperforming other financial stocks by -36 percentage points.

Noah Holdings has an average 1 year price target of $18.00, an upside of 45.4% from Noah Holdings's current stock price of $12.38.

Noah Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Noah Holdings, 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.

3. Heritage Global (NASDAQ:HGBL)

Heritage Global (NASDAQ:HGBL) is the third 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 -13.29% over the past year, underperforming other financial stocks by -28 percentage points.

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 4.27%.

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

2. 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 4.27%. 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.

3. 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 4.27%. 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.

Why are financial stocks down?

Financial stocks were down -0.2% in the last day, and down -0.38% over the last week. Sofi Technologies was the among the top losers in the financial services sector, dropping -10.48% yesterday.

SoFi shares are trading lower, reversing after earlier gaining on Q1 earnings.

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 58 points higher than the financial sector average of 42. It passed 7 out of 7 valuation due diligence checks.

First Business Financial Services's stock has gained 20.73% 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 58 points higher than the financial sector average of 42. It passed 7 out of 7 valuation due diligence checks.

First Us Bancshares's stock has gained 44.71% in the past year. It has overperformed other stocks in the financial sector by 30 percentage points.

3. Midland States Bancorp (NASDAQ:MSBI)

Midland States Bancorp (NASDAQ:MSBI) is the third most undervalued financial stock based on WallStreetZen's Valuation Score. Midland States Bancorp has a valuation score of 100, which is 58 points higher than the financial sector average of 42. It passed 7 out of 7 valuation due diligence checks.

Midland States Bancorp's stock has gained 12.67% in the past year. It has underperformed other stocks in the financial sector by -3 percentage points.

Are financial stocks a good buy now?

36.17% of financial stocks rated by analysts are a buy right now. On average, analysts expect financial stocks to rise by 10.74% 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 18.23x.

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.