Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Gerard Cassidy"


25 mentions found


Morgan Stanley shares drop on WSJ probe report
  + stars: | 2024-04-11 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley shares drop on WSJ probe reportGerard Cassidy, RBC Capital Markets managing director, joins 'Fast Money' to weigh in on the WSJ report that Morgan Stanley is facing a probe by federal regulators.
Persons: Morgan Stanley, Gerard Cassidy Organizations: RBC Capital Markets
Investors seeking some stability in their portfolios may want to consider high-quality dividend stocks, especially those with a track record of steady income payments. Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. Nonetheless, PepsiCo announced a 7% hike in its annualized dividend to $5.42 per share, effective with the dividend payable in June 2024. On March 18, Morgan Stanley analyst Dara Mohsenian upgraded PepsiCo stock to buy from hold with a price target of $190. (See PepsiCo Stock Buybacks on TipRanks)
Persons: Wall, Enbridge, Robert Kwan, Kwan, TipRanks, Gerard Cassidy, Brian Moynihan, Cassidy, Morgan Stanley, Dara Mohsenian, Mohsenian Organizations: Pepsi, Brooklyn borough New, Enbridge Energy, RBC Capital, East Ohio Gas Company, Ohio Gas, Public Service Company, Dominion Energy, Dominion, Bank of America, PepsiCo, TipRanks Locations: Flatbush, Brooklyn borough, Brooklyn borough New York City, U.S, North Carolina, TipRanks
Wells Fargo 's run of form continued Wednesday, with shares hitting another 52-week high. Wall Street analysts see more upside ahead for what's been the best-performing major U.S. bank stock in 2024. Shares of Wells Fargo have surged nearly 18% year-to-date, compared to the S & P 500 's 8.5% advance over the same stretch. Higher for longer Both analysts said a higher-for-longer interest rate environment creates a favorable setup for a money center bank like Wells Fargo. As the expectations for Fed cuts this year have been coming down, Wells Fargo stock has been climbing.
Persons: Wells, what's, Goldman Sachs, Morgan Stanley —, , RBC Capital Market's Gerard Cassidy, Piper Sandler's Scott Siefers, Jim Cramer, RBC's Cassidy, Cash, Cassidy, Piper's Siefers, Siefers, Charlie Scharf, Scharf, that's, Jerome Powell, Jim Cramer's, Jim, Justin Sullivan Organizations: Wall, Peers, JPMorgan, Wells, CNBC, RBC Capital, Federal Reserve, Wells Fargo, Capital, Getty Locations: Wells Fargo, Wells, Basel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarly indicators suggest we're likely to see a soft landing, says RBC Capital's Gerard CassidyGerard Cassidy, RBC Capital Markets analyst, joins 'Squawk on the Street' to discuss whether there's increased liquidity risk from the banks, if a return to capital market activity will be robust, and more.
Persons: Gerard Cassidy Gerard Cassidy Organizations: RBC, RBC Capital Markets
The selection of the right dividend stock involves a thorough analysis of the fundamentals of a company and its ability to sustain its dividend payments. Bearing that in mind, investors can follow the recommendations of Wall Street's top analysts to pick dividend stocks that can boost their total returns. Here are three lucrative dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. On an annualized basis, BIP offers a dividend yield of 4.9%. The analyst thinks that the recent period of elevated inflation was like a "mini recession" for OMF's target group of lower income borrowers.
Persons: Wall, Devin Dodge, BIP, Dodge, TipRanks, Gerard Cassidy, Cassidy, Mark DeVries, DeVries Organizations: Investors, Brookfield Infrastructure Partners, BMO Capital, Dodge, Federal Deposit Insurance Corporation, RBC Capital, OneMain Holdings, Deutsche Bank, Foursight, TAM, OneMain Locations: Columbus , Ohio, Brookfield
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Gerard Cassidy names Bank of America and JPMorgan as his top picks in bankingGerard Cassidy, RBC Head of U.S. Bank Equity Strategy, joins 'Closing Bell' to discuss bank stocks rallying as treasury yields fall.
Persons: RBC's Gerard Cassidy, Gerard Cassidy Organizations: Bank of America, JPMorgan, RBC Head, U.S . Bank Equity
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank stocks are very inexpensive from a valuations standpoint, says RBC's Gerard CassidyGerard Cassidy, RBC Capital Markets head of U.S. bank equity strategy, joins 'Squawk Box' to discuss the earnings results from the financial sector, the impact on the economy, and more.
Persons: RBC's Gerard Cassidy Gerard Cassidy Organizations: Email Bank, RBC Capital Markets
RBC's Gerard Cassidy previews bank stocks ahead of earnings
  + stars: | 2023-10-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC's Gerard Cassidy previews bank stocks ahead of earningsGerard Cassidy, RBC Head of U.S. Bank Equity Strategy, joins 'Closing Bell: Overtime' to preview bank earnings.
Persons: RBC's Gerard Cassidy, Gerard Cassidy Organizations: RBC Head, U.S . Bank Equity
Just as they did during the March regional banking crisis, higher rates are expected to lead to a jump in losses on banks' bond portfolios and contribute to funding pressures as institutions are forced to pay higher rates for deposits. The issue constrains the bank's interest revenue and has made the lender the worst stock performer this year among the top six U.S. institutions. Expectations on the impact of higher rates on banks' balance sheets varied. Still, others including KBW and UBS analysts said that other factors could soften the capital hit from higher rates for most of the industry. There's also concern that higher interest rates will result in ballooning losses in commercial real estate and industrial loans.
Persons: Jamie Dimon, Marco Bello, Christopher McGratty, David Konrad, McGratty, Morgan Stanley, Betsy Graseck, Konrad, Gerard Cassidy Organizations: JPMorgan Chase &, Reuters, JPMorgan Chase, Citigroup, Bank, Silicon Valley Bank, First, Bank of America, Comerica, Fifth Third Bank, KeyBank, UBS, RBC Locations: Miami , Florida, U.S, Wells Fargo, Silicon, First Republic
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe pain for all bank stocks is 'overdone', says RBC's Gerard CassidyGerard Cassidy, RBC Capital Markets, joins 'Closing Bell Overtime' to talk bank stocks, the bond market and more.
Persons: RBC's Gerard Cassidy Gerard Cassidy Organizations: RBC Capital Markets
RBC Capital's Gerard Cassidy weighs in on Citigroup
  + stars: | 2023-10-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC Capital's Gerard Cassidy weighs in on CitigroupGerard Cassidy, RBC Capital Markets managing director, joins 'Squawk on the Street' to discuss the outlook for financials in the fourth quarter, his expectations for when the Fed will reach the terminal rate, and more.
Persons: Gerard Cassidy, Citigroup Gerard Cassidy Organizations: RBC, Citigroup, RBC Capital Markets
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanks will benefit from Fed funds reaching a terminal rate: RBC Capital Markets' Gerard CassidyGerard Cassidy, RBC Capital Markets managing director, joins 'The Exchange' to discuss Fitch's warning that more banks will face downgrades, risk discrepancies between large and regional banks, and more.
Persons: Banks, Gerard Cassidy Gerard Cassidy Organizations: RBC Capital Markets
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMoody's downgrade of U.S. banks ‘surprising,’ says top banking analyst Gerard CassidyGerard Cassidy, RBC Capital Markets, joins 'Fast Money' to talk Moody's downgrade of U.S. banks, the regional banking rout and more.
Persons: , Gerard Cassidy Gerard Cassidy Organizations: RBC Capital Markets
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC’s Gerard Cassidy reveals which bank stocks have the best value right nowGerard Cassidy, RBC Capital Markets head of U.S. bank equity strategy and large cap bank analyst, joins 'Squawk Box' to discuss Goldman Sachs' earnings results, the quarter overall for financials, and more.
Persons: RBC’s Gerard Cassidy, Gerard Cassidy, Goldman Sachs Organizations: RBC Capital Markets
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Completely off the table' that there will be more regional bank failures: RBC's Gerard CassidyGerard Cassidy from RBC Capital Markets shares his outlook on U.S. regional banks if the Fed keeps raising rates.
Persons: RBC's Gerard Cassidy Gerard Cassidy Organizations: RBC Capital Markets, Fed
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs reports mixed second-quarter results. Here's what the pros are sayingJim Cramer, Gerard Cassidy of RBC Capital Markets and Jim Lebenthal of Cerity Partners discussed Goldman Sachs after reporting second-quarter results that missed on earnings but beat on revenue.
Persons: Goldman Sachs, Jim Cramer, Gerard Cassidy, Jim Lebenthal Organizations: RBC Capital Markets, Cerity Partners
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEncouraging earnings from banks just starting, RBC’S top bank analyst suggestsGerard Cassidy, RBC Capital Markets Head of U.S. Equity Bank Strategy and Large Cap Bank Analyst, joins 'Fast Money' to talk bank earnings, top bank plays in the current market and more.
Persons: Gerard Cassidy Organizations: RBC Capital Markets, U.S . Equity Bank, Bank
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe think the banking turmoil is behind us, says RBC's Gerard CassidyGerard Cassidy, RBC Capital Markets managing director, joins 'Squawk Box' to preview JPMorgan's annual investor day conference, the banking crisis, and more.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of America's underperformance creates buying opportunity, says RBC's CassidyGerard Cassidy, RBC Capital Markets managing director, joins 'Fast Money' to discuss the fallout of the banking crisis, Bank of America's recent performance, and more.
To create this list, TipRanks analyzed every recommendation made by financial sector analysts in the past decade. Top 10 analysts from the financial sector The image shows the most successful Wall Street analysts from the financial sector, in descending order. 3 on TipRanks' top 10 financial analysts list. To create this list, TipRanks analyzed every recommendation made by financial sector analysts in the past decade. 3 on TipRanks' top 10 financial analysts list.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCassidy: The fundamentals of the core regional banks are healthy and goodRBC's Gerard Cassidy weighs in on the turmoil in the regional banking sector, and whether it's negative sentiment or more fundamental problems that are weighing on the shares of these lenders.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with RBC's Gerard Cassidy and UBS analyst Erika NajarianGerard Cassidy, head of U.S. bank equity strategy and bank analyst at RBC Capital Markets, and Erika Najarian, UBS equity research analyst, join 'Squawk on the Street' to discuss the status of regional banks, why J.P. Morgan's acquisition of First Republic is great for the former and much more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're at the end of the acute liquidity issues for regional banks, says UBS analyst Erika NajarianGerard Cassidy, head of U.S. bank equity strategy and bank analyst at RBC Capital Markets, and Erika Najarian, UBS equity research analyst, join 'Squawk on the Street' to discuss the status of regional banks, why J.P. Morgan's acquisition of First Republic is great for the former and much more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirst Republic on the brink: Shares plummet as hopes for rescue plan dimHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Kate Kelly, New York Times Gerard Cassidy, RBC Capital Markets, and Leslie Picker, CNBC Business News, join the show to report the latest on First Republic Bank.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Consumer is strong & holding up' says RBC's top banking analystGerard Cassidy, RBC Capital, on the state of the consumer with CNBC's Melissa Lee and the Fast Money traders.
Total: 25