Pathward Financial, Inc. (NASDAQ:CASH - Get Free Report) Director Douglas Hajek sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $86.37, for a total value of $431,850.00. Following the completion of the transaction, the director owned 12,281 shares in the company, valued at approximately $1,060,709.97. The trade was a 28.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Pathward Financial Price Performance
Pathward Financial stock opened at $86.84 on Friday. Pathward Financial, Inc. has a 12 month low of $65.87 and a 12 month high of $101.26. The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The business's 50 day simple moving average is $91.80 and its 200 day simple moving average is $81.53. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 10.31 and a beta of 0.74.
Pathward Financial (NASDAQ:CASH - Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The savings and loans company reported $3.35 EPS for the quarter, meeting the consensus estimate of $3.35. Pathward Financial had a return on equity of 22.35% and a net margin of 22.42%.The business had revenue of $276.30 million for the quarter, compared to the consensus estimate of $272.04 million. During the same quarter in the prior year, the business earned $3.11 earnings per share. Pathward Financial's revenue for the quarter was up 5.1% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Sell-side analysts forecast that Pathward Financial, Inc. will post 8.73 EPS for the current year.
Pathward Financial Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, March 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. Pathward Financial's dividend payout ratio is currently 2.38%.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the company. Keefe, Bruyette & Woods increased their target price on Pathward Financial from $100.00 to $108.00 and gave the stock an "outperform" rating in a research report on Thursday, April 23rd. Weiss Ratings upgraded Pathward Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, January 26th. Piper Sandler assumed coverage on Pathward Financial in a research report on Thursday, March 12th. They set an "overweight" rating and a $107.00 target price on the stock. Finally, Wall Street Zen downgraded Pathward Financial from a "buy" rating to a "hold" rating in a research report on Saturday, January 31st. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $107.50.
View Our Latest Stock Report on CASH
Institutional Investors Weigh In On Pathward Financial
Several institutional investors have recently made changes to their positions in CASH. Cetera Investment Advisers increased its holdings in shares of Pathward Financial by 2.4% in the fourth quarter. Cetera Investment Advisers now owns 4,816 shares of the savings and loans company's stock worth $342,000 after purchasing an additional 113 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Pathward Financial by 23.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company's stock worth $45,000 after purchasing an additional 118 shares during the period. Osaic Holdings Inc. increased its holdings in shares of Pathward Financial by 2.3% in the second quarter. Osaic Holdings Inc. now owns 5,826 shares of the savings and loans company's stock worth $461,000 after purchasing an additional 133 shares during the period. Pictet Asset Management Holding SA increased its holdings in shares of Pathward Financial by 3.9% in the first quarter. Pictet Asset Management Holding SA now owns 3,528 shares of the savings and loans company's stock worth $315,000 after purchasing an additional 134 shares during the period. Finally, Koshinski Asset Management Inc. increased its holdings in shares of Pathward Financial by 5.6% in the first quarter. Koshinski Asset Management Inc. now owns 3,019 shares of the savings and loans company's stock worth $269,000 after purchasing an additional 160 shares during the period. Hedge funds and other institutional investors own 92.66% of the company's stock.
About Pathward Financial
(
Get Free Report)
Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.
Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.
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