Pathward Financial, Inc. (NASDAQ:CASH - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $96.13 and last traded at $95.8290, with a volume of 106995 shares. The stock had previously closed at $94.93.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on CASH. Weiss Ratings raised Pathward Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, January 26th. Keefe, Bruyette & Woods raised Pathward Financial from a "market perform" rating to an "outperform" rating and set a $100.00 target price for the company in a research note on Friday, January 23rd. Wall Street Zen cut Pathward Financial from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Finally, Piper Sandler began coverage on Pathward Financial in a research note on Thursday, March 12th. They set an "overweight" rating and a $107.00 target price for the company. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $103.50.
Check Out Our Latest Stock Analysis on CASH
Pathward Financial Stock Up 0.1%
The company has a market capitalization of $2.07 billion, a P/E ratio of 11.66 and a beta of 0.74. The firm's 50 day moving average price is $91.25 and its two-hundred day moving average price is $79.45. The company has a current ratio of 0.81, a quick ratio of 0.79 and a debt-to-equity ratio of 0.04.
Pathward Financial (NASDAQ:CASH - Get Free Report) last issued its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.38 by $0.19. The company had revenue of $173.10 million during the quarter, compared to analysts' expectations of $185.80 million. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The business's quarterly revenue was down .2% on a year-over-year basis. During the same period last year, the business earned $1.29 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Equities research analysts forecast that Pathward Financial, Inc. will post 7.26 EPS for the current year.
Pathward Financial Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, March 12th. Pathward Financial's dividend payout ratio is presently 2.44%.
Insider Activity at Pathward Financial
In other news, CEO Brett L. Pharr sold 15,641 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $93.88, for a total value of $1,468,377.08. Following the completion of the sale, the chief executive officer owned 78,261 shares of the company's stock, valued at approximately $7,347,142.68. This represents a 16.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.43% of the company's stock.
Institutional Investors Weigh In On Pathward Financial
Large investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its holdings in shares of Pathward Financial by 43,200.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company's stock valued at $34,000 after buying an additional 432 shares during the last quarter. State of Wyoming acquired a new stake in shares of Pathward Financial in the 2nd quarter valued at approximately $46,000. Smartleaf Asset Management LLC boosted its holdings in shares of Pathward Financial by 23.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company's stock valued at $45,000 after buying an additional 118 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of Pathward Financial by 225.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company's stock valued at $61,000 after buying an additional 591 shares during the last quarter. Finally, New Age Alpha Advisors LLC acquired a new stake in shares of Pathward Financial in the 4th quarter valued at approximately $77,000. Institutional investors and hedge funds 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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Pathward Financial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pathward Financial wasn't on the list.
While Pathward Financial currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2026 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.