FY2025 EPS Estimates for Green Dot Boosted by William Blair

Key Points

• William Blair has raised its FY2025 EPS estimate for Green Dot Corporation from $1.07 to $1.08, while the consensus estimate is lower at $0.87 per share.
• Green Dot reported earnings of $0.40 per share for the last quarter, significantly exceeding analyst expectations of $0.17, alongside a revenue of $501.16 million.
• The company's stock has a consensus rating of “Moderate Buy” and an average price target of $13.00 based on recent analyst reports.

Green Dot Corporation (NYSE:GDOT - Free Report) - Investment analysts at William Blair boosted their FY2025 earnings estimates for shares of Green Dot in a report released on Sunday, August 24th. William Blair analyst C. Kennedy now expects that the financial services provider will post earnings of $1.08 per share for the year, up from their previous forecast of $1.07. The consensus estimate for Green Dot's current full-year earnings is $0.87 per share. William Blair also issued estimates for Green Dot's FY2026 earnings at $1.23 EPS.

GDOT has been the topic of several other reports. Northland Securities set a $16.00 price target on shares of Green Dot in a report on Tuesday, August 12th. Barclays lifted their price target on shares of Green Dot from $7.00 to $10.00 and gave the company an "underweight" rating in a report on Monday, May 12th. Keefe, Bruyette & Woods lifted their price target on shares of Green Dot from $11.00 to $12.00 and gave the company a "market perform" rating in a report on Friday, July 11th. Zacks Research raised shares of Green Dot from a "hold" rating to a "strong-buy" rating in a report on Friday, August 22nd. Finally, Wall Street Zen raised shares of Green Dot from a "hold" rating to a "buy" rating in a report on Friday, June 6th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $13.00.

Green Dot Price Performance

GDOT stock traded up $0.31 during mid-day trading on Wednesday, hitting $13.85. The stock had a trading volume of 630,128 shares, compared to its average volume of 897,035. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.07. Green Dot has a 52 week low of $6.12 and a 52 week high of $14.27. The firm has a market capitalization of $767.37 million, a P/E ratio of -31.49 and a beta of 0.77. The firm has a fifty day simple moving average of $11.43 and a 200 day simple moving average of $9.53.

Green Dot (NYSE:GDOT - Get Free Report) last issued its quarterly earnings data on Monday, August 11th. The financial services provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.23. Green Dot had a negative net margin of 1.24% and a positive return on equity of 9.93%. The business had revenue of $501.16 million during the quarter, compared to analysts' expectations of $496.49 million. During the same quarter in the previous year, the company earned $0.25 EPS. The business's revenue was up 23.9% on a year-over-year basis. Green Dot has set its FY 2025 guidance at 1.280-1.420 EPS.

Insiders Place Their Bets

In other Green Dot news, insider Christian Devin Ruppel sold 27,931 shares of the company's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $12.39, for a total transaction of $346,065.09. Following the transaction, the insider owned 226,656 shares in the company, valued at approximately $2,808,267.84. This represents a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Brooklyn Investment Group raised its holdings in Green Dot by 350,400.0% during the first quarter. Brooklyn Investment Group now owns 3,505 shares of the financial services provider's stock worth $30,000 after buying an additional 3,504 shares during the last quarter. Virtus Advisers LLC acquired a new position in Green Dot during the second quarter worth $33,000. GAMMA Investing LLC raised its holdings in Green Dot by 152.0% during the first quarter. GAMMA Investing LLC now owns 5,663 shares of the financial services provider's stock worth $48,000 after buying an additional 3,416 shares during the last quarter. Ameritas Investment Partners Inc. grew its stake in shares of Green Dot by 18.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,478 shares of the financial services provider's stock worth $59,000 after acquiring an additional 861 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in shares of Green Dot by 23.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,504 shares of the financial services provider's stock worth $70,000 after acquiring an additional 1,221 shares in the last quarter. Institutional investors and hedge funds own 92.56% of the company's stock.

About Green Dot

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.