Pathward Financial, Inc. (NASDAQ:CASH) Declares $0.05 Quarterly Dividend

Key Points

• Pathward Financial declared a quarterly dividend of $0.05 per share, payable October 1 to shareholders of record on September 10. The dividend represents $0.20 annually and a 0.2% yield.
• The dividend appears well covered, with a current payout ratio of 2.4% and an expected future payout ratio of 2.1% based on projected earnings.
• Pathward reported quarterly EPS of $1.37, missing analysts’ $1.95 estimate, while analysts maintained an overall “Buy” rating with an average price target of $101.

Pathward Financial, Inc. (NASDAQ:CASH - Get Free Report) declared a quarterly dividend on Thursday, August 20th. Stockholders of record on Thursday, September 10th will be given a dividend of 0.05 per share by the savings and loans company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Thursday, September 10th.

Pathward Financial has a payout ratio of 2.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Pathward Financial to earn $9.63 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 2.1%.

Pathward Financial Price Performance

NASDAQ:CASH traded up $0.26 during mid-day trading on Thursday, hitting $83.97. 217,769 shares of the stock traded hands, compared to its average volume of 234,190. The business's 50-day moving average price is $87.14 and its 200 day moving average price is $88.36. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 0.04. The company has a market cap of $1.74 billion, a PE ratio of 10.52 and a beta of 0.61. Pathward Financial has a 12-month low of $65.87 and a 12-month high of $101.26.

Pathward Financial (NASDAQ:CASH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.58). The firm had revenue of $189.64 million during the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. On average, analysts expect that Pathward Financial will post 7.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CASH has been the topic of a number of research analyst reports. Piper Sandler restated an "overweight" rating and issued a $105.00 target price (down from $107.00) on shares of Pathward Financial in a research note on Thursday, July 23rd. Weiss Ratings reiterated a "buy (b)" rating on shares of Pathward Financial in a research report on Wednesday, August 5th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Pathward Financial from $108.00 to $97.00 and set an "outperform" rating on the stock in a research report on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Pathward Financial currently has an average rating of "Buy" and an average target price of $101.00.

About Pathward Financial

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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