Pathward Financial (CASH) to Release Quarterly Earnings on Tuesday

Pathward Financial (NASDAQ:CASH) is expected to issue its quarterly earnings data after the market closes on Tuesday, January 21st. Analysts expect the company to announce earnings of $1.24 per share and revenue of $173,273.50 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Pathward Financial (NASDAQ:CASH) last issued its quarterly earnings results on Wednesday, October 23rd. The savings and loans company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.08. The company had revenue of $167.90 million during the quarter, compared to the consensus estimate of $167.20 million. Pathward Financial had a return on equity of 21.86% and a net margin of 21.65%. Pathward Financial’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the business posted $1.36 earnings per share. On average, analysts expect Pathward Financial to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Pathward Financial Stock Performance

Shares of CASH opened at $77.74 on Friday. Pathward Financial has a 12 month low of $46.68 and a 12 month high of $86.00. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 11.73 and a beta of 0.72. The company has a current ratio of 0.74, a quick ratio of 0.63 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average of $78.66 and a 200 day moving average of $70.86.

Pathward Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Tuesday, December 10th were issued a dividend of $0.05 per share. The ex-dividend date was Tuesday, December 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.26%. Pathward Financial’s dividend payout ratio (DPR) is 3.02%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Piper Sandler boosted their price target on Pathward Financial from $82.00 to $94.00 and gave the stock an “overweight” rating in a research report on Monday, December 23rd. Keefe, Bruyette & Woods boosted their target price on shares of Pathward Financial from $76.00 to $90.00 and gave the company a “market perform” rating in a research note on Wednesday, December 4th.

Insider Buying and Selling at Pathward Financial

In other news, CFO Greg Sigrist sold 2,250 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $80.60, for a total transaction of $181,350.00. Following the transaction, the chief financial officer now directly owns 9,644 shares of the company’s stock, valued at approximately $777,306.40. This trade represents a 18.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.72% of the company’s stock.

Pathward Financial Company Profile

Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.