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

Ticker	Company	Country	Market Cap	Shares	Institutional %	Insider %	Net Insider (L12M)	Net Insider (L3M)
GREE	GREENIDGE GENERATION HOLDINGS INC	United States	$23.39M	9,786,178	6.39%	28.79%	Net Buying	Net Selling
OXBR	OXBRIDGE RE HOLDINGS LTD	Cayman Islands	$7.93M	6,006,661	5.51%	27.70%	Net Buying
LAZ	LAZARD INC	Bermuda	$4.37B	112,766,091	55.00%	12.46%	Net Selling	Net Selling
KINS	KINGSTONE COMPANIES INC	United States	$44.14M	11,007,824	13.94%	41.12%	Net Buying
MHLD	MAIDEN HOLDINGS LTD	Bermuda	$216.45M	100,209,450	21.76%	63.61%	Net Selling	Net Selling
PX	P10 INC	United States	$939.22M	113,022,595	28.75%	11.09%	Net Buying	Net Selling
RKT	ROCKET COMPANIES INC	United States	$28.67B	1,988,355,723	4.58%	0.76%	Net Selling	Net Selling
BCOW	1895 BANCORP OF WISCONSIN INC	United States	$43.64M	6,002,335	28.88%	50.42%	Net Buying
BRBS	BLUE RIDGE BANKSHARES INC	United States	$61.36M	22,982,622	48.77%	15.39%	Net Buying
CFSB	CFSB BANCORP INC	United States	$43.64M	6,632,642	1.39%	58.98%	Net Buying	Net Buying
NSTS	NSTS BANCORP INC	United States	$51.14M	5,310,553	15.56%	8.11%
GSIW	GARDEN STAGE LTD	Hong Kong	$102.22M	14,750,000	0.49%	0.00%
FSEA	FIRST SEACOAST BANCORP INC	United States	$46.20M	5,077,164	30.22%	4.44%	Net Buying
CARV	CARVER BANCORP INC	United States	$8.58M	4,985,612	18.18%	4.64%	Net Buying	Net Buying
TREE	LENDINGTREE INC	United States	$637.29M	13,224,515	53.82%	46.18%	Net Selling	Net Buying
LDI	LOANDEPOT INC	United States	$744.26M	323,589,513	6.78%	71.95%	Net Selling	Net Selling
PRA	PROASSURANCE CORP	United States	$739.67M	51,012,066	85.41%	12.51%	Net Buying	Net Buying
BLFY	BLUE FOUNDRY BANCORP	United States	$220.02M	24,338,092	48.45%	4.63%	Net Selling	Net Selling
SRBK	SR BANCORP INC	United States	$87.24M	9,507,930	15.72%	2.75%	Net Buying	Net Buying
RDZN	ROADZEN INC	United States	$241.60M	68,440,829	6.04%	81.31%	Net Buying
HMST	HOMESTREET INC	United States	$193.10M	18,857,566	75.69%	18.56%	Net Selling	Net Buying
FFWM	FIRST FOUNDATION INC	United States	$301.21M	56,511,864	73.01%	25.42%	Net Selling	Net Selling
TCBS	TEXAS COMMUNITY BANCSHARES INC	United States	$45.34M	3,187,881	7.73%	22.76%	Net Buying	Net Buying
PNBK	PATRIOT NATIONAL BANCORP INC	United States	$14.08M	3,976,073	14.20%	85.80%
KFFB	KENTUCKY FIRST FEDERAL BANCORP	United States	$28.37M	8,086,715	3.16%	70.03%
CWD	CALIBERCOS INC	United States	$17.83M	21,827,102	2.00%	98.00%	Net Buying
BETR	BETTER HOME & FINANCE HOLDING CO	Cayman Islands	$336.39M	755,924,333	20.43%	23.95%	Net Selling
CNFR	CONIFER HOLDINGS INC	United States	$11.54M	12,222,881	3.47%	96.53%	Net Buying
BCG	BINAH CAPITAL GROUP INC	United States	$71.91M	16,447,342	0.00%	54.79%
AAMC	ALTISOURCE ASSET MANAGEMENT CORP	United States	$7.84M	2,554,512	1.32%	98.68%	Net Selling
BENF	BENEFICIENT	United States	$16.65M	3,454,375	23.43%	76.57%	Net Buying	Net Buying
DOMA	DOMA HOLDINGS INC	United States	$84.63M	14,012,245	0.97%	99.03%	Net Selling	Net Selling

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.