NYSE:GDOT - Green Dot Stock Price, News, & Analysis

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$48.84 +0.36 (+0.74 %)
(As of 05/26/2019 02:07 PM ET)
Previous Close$48.84
Today's Range$48.37 - $50.54
52-Week Range$41.67 - $93.00
Volume718,785 shs
Average Volume797,996 shs
Market Capitalization$2.60 billion
P/E Ratio19.30
Dividend YieldN/A
Beta0.74
Green Dot Corporation operates as a financial technology and bank holding company in the United States. It operates in two segments, Account Services, and Processing and Settlement Services. The company offers deposit account programs, such network-branded reloadable prepaid debit cards under the consumer brand names of GPR cards, consumer and small business checking accounts, network-branded gift cards, secured credit cards, and other financial services. It also provides swipe reload system for crediting cash onto an enabled payment card by swiping the payment card at the point-of-sale through Green Dot Network participating retailer; MoneyPak, a product that allows a consumer to add funds to accounts; and e-cash remittance, a service that allows a consumer to transfer funds to a smartphone, as well as offers disbursement services through Simply Paid platform. In addition, the company offers prepaid cards, debit cards, payroll debit cards, consumer cash processing services, wage disbursements, and tax refund processing services, as well as issuing, settlement, and capital management services. Further, it provides mobile banking, loan disbursement accounts, mobile P2P, money transfer, instant payment, and processing and settlement services. The company markets its products under the brand names of Green Dot, GoBank, MoneyPak, AccountNow, RushCard, and RapidPay. Green Dot Corporation markets and sells its products and services through retail stores, various direct-to-consumer Websites, corporate distribution partnerships, tax preparation companies and individual tax preparers, and apps, as well as distributes through ‘Banking as a Service' platform. The company was formerly known as Next Estate Communications, Inc. and changed its name to Green Dot Corporation in October 2005. Green Dot Corporation was incorporated in 1999 and is headquartered in Pasadena, California.

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Industry, Sector and Symbol

Industry Nondepository credit institutions
Sub-IndustryConsumer Finance
SectorBusiness Services
CUSIP39304D10
Phone626-765-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.04 billion
Cash Flow$4.0666 per share
Book Value$18.41 per share

Profitability

Net Income$118.70 million

Miscellaneous

Employees1,100
Market Cap$2.60 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

Green Dot (NYSE:GDOT) Frequently Asked Questions

What is Green Dot's stock symbol?

Green Dot trades on the New York Stock Exchange (NYSE) under the ticker symbol "GDOT."

How were Green Dot's earnings last quarter?

Green Dot Co. (NYSE:GDOT) posted its earnings results on Wednesday, May, 8th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.22 by $0.10. The financial services provider earned $340.51 million during the quarter, compared to analyst estimates of $330.17 million. Green Dot had a return on equity of 15.74% and a net margin of 10.56%. The company's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.40 EPS. View Green Dot's Earnings History.

When is Green Dot's next earnings date?

Green Dot is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates for Green Dot.

What guidance has Green Dot issued on next quarter's earnings?

Green Dot updated its second quarter 2019 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $261-261 million, compared to the consensus revenue estimate of $280.81 million.Green Dot also updated its FY 2019 guidance to $2.82-2.91 EPS.

What price target have analysts set for GDOT?

12 brokerages have issued 12-month price objectives for Green Dot's stock. Their forecasts range from $58.00 to $105.00. On average, they anticipate Green Dot's share price to reach $83.4615 in the next year. This suggests a possible upside of 70.9% from the stock's current price. View Analyst Price Targets for Green Dot.

What is the consensus analysts' recommendation for Green Dot?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Green Dot in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Green Dot.

What are Wall Street analysts saying about Green Dot stock?

Here are some recent quotes from research analysts about Green Dot stock:
  • 1. According to Zacks Investment Research, "Green Dot’s first-quarter 2019 earnings and revenues surpassed the Zacks Consensus Estimate. The company's long-term strategic plan to be a ‘New Kind of Bank’ is leading to impressive results. Strength across established product lines and BaaS platform programs act as key growth catalysts. The company’s Banking as a Service or BaaS platform programs are growing very quickly and contributing significantly to its GDV growth, active card growth and revenue growth. Its extended relationship with Walmart is another growth catalyst. Despite such positives, Green Dot faces tough competition from companies across financial services, financial technology services, retail banking, transaction processing and consumer technology industries. It experiences fluctuation in revenues due to seasonal factors. The company does not have any plans to pay cash dividends on common stock. The stock has declined in the past six months." (5/14/2019)
  • 2. Northland Securities analysts commented, "We believe this change in course is inherently riskier and creating a lot of uncertainty. It sounds like GDOT is losing one and done customers to other competitors too like and Chime. We wonder if the WMT MoneyCard introduced in January 2016 has run its cycle and what are the economics of new BaaS customers vs legacy WMT customers paying a $6 monthly fee, something that has not been clear for a while. Would a millennial pay this $6 monthly fee? We worry it takes many new BaaS accounts to equal one legacy customer. Of the 6M active accounts at GDOT, we believe there is probably 1.5M or more BaaS accounts. As such, until we get more clarity on BAAS vs non BaaS economics, we are stepping aside and downgrading to Market Perform and reducing our PT to $58." (5/9/2019)

Has Green Dot been receiving favorable news coverage?

News stories about GDOT stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Green Dot earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the stock's share price in the next several days.

Who are some of Green Dot's key competitors?

What other stocks do shareholders of Green Dot own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Green Dot investors own include NVIDIA (NVDA), Netflix (NFLX), Advanced Micro Devices (AMD), Alibaba Group (BABA), salesforce.com (CRM), Intel (INTC), Palo Alto Networks (PANW), Square (SQ), Veeva Systems (VEEV) and Applied Materials (AMAT).

Who are Green Dot's key executives?

Green Dot's management team includes the folowing people:
  • Mr. Steven W. Streit, Founder, Pres, CEO & Director (Age 57)
  • Mr. Mark L. Shifke, Chief Financial Officer (Age 59)
  • Mr. Brett Narlinger, Chief Revenue Officer (Age 48)
  • Mr. Konrad Alt, Chief Banking Officer (Age 58)
  • Mr. Robert Strub, Chief Operating Officer

Who are Green Dot's major shareholders?

Green Dot's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.90%), Dimensional Fund Advisors LP (2.57%), Eagle Asset Management Inc. (2.49%), Carillon Tower Advisers Inc. (1.90%), KAMES CAPITAL plc (1.81%) and Stephens Investment Management Group LLC (1.69%). Company insiders that own Green Dot stock include Brett Narlinger, George W Gresham, Glinda Bridgforth-Hodges, Jess Unruh, John C Ricci, Kenneth C Aldrich, Konrad Alt, Kuan Archer, Mark L Shifke, Mary Dent, Rajeev V Date and Steven W Streit. View Institutional Ownership Trends for Green Dot.

Which major investors are selling Green Dot stock?

GDOT stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., FMR LLC, Columbus Circle Investors, Renaissance Technologies LLC, Victory Capital Management Inc., Principal Financial Group Inc., Dimensional Fund Advisors LP and OppenheimerFunds Inc.. Company insiders that have sold Green Dot company stock in the last year include Brett Narlinger, George W Gresham, Jess Unruh, John C Ricci, Kenneth C Aldrich, Konrad Alt, Kuan Archer, Mark L Shifke, Mary Dent, Rajeev V Date and Steven W Streit. View Insider Buying and Selling for Green Dot.

Which major investors are buying Green Dot stock?

GDOT stock was bought by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Copper Rock Capital Partners LLC, Stephens Investment Management Group LLC, Vaughan Nelson Investment Management L.P., Northern Trust Corp, State of Wisconsin Investment Board, Hancock Whitney Corp and Westfield Capital Management Co. LP. View Insider Buying and Selling for Green Dot.

How do I buy shares of Green Dot?

Shares of GDOT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Green Dot's stock price today?

One share of GDOT stock can currently be purchased for approximately $48.84.

How big of a company is Green Dot?

Green Dot has a market capitalization of $2.60 billion and generates $1.04 billion in revenue each year. The financial services provider earns $118.70 million in net income (profit) each year or $2.53 on an earnings per share basis. Green Dot employs 1,100 workers across the globe.

What is Green Dot's official website?

The official website for Green Dot is http://www.greendot.com/.

How can I contact Green Dot?

Green Dot's mailing address is 3465 EAST FOOTHILL BOULEVARD, PASADENA CA, 91107. The financial services provider can be reached via phone at 626-765-2000 or via email at [email protected]


MarketBeat Community Rating for Green Dot (NYSE GDOT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  472 (Vote Outperform)
Underperform Votes:  611 (Vote Underperform)
Total Votes:  1,083
MarketBeat's community ratings are surveys of what our community members think about Green Dot and other stocks. Vote "Outperform" if you believe GDOT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GDOT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/26/2019 by MarketBeat.com Staff

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