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NYSE:GDOTGreen Dot Stock Price, Forecast & News

$35.79
-1.87 (-4.97 %)
(As of 05/28/2020 04:00 PM ET)
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Today's Range
$35.57
Now: $35.79
$38.00
50-Day Range
$24.50
MA: $30.76
$38.05
52-Week Range
$14.20
Now: $35.79
$51.86
Volume466,200 shs
Average Volume697,488 shs
Market Capitalization$1.90 billion
P/E Ratio23.39
Dividend YieldN/A
Beta1
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.94 out of 5 stars


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$1.11 billion
Cash Flow$3.80 per share
Book Value$18.65 per share

Profitability

Net Income$99.90 million

Miscellaneous

Employees1,200
Market Cap$1.90 billion
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Green Dot (NYSE:GDOT) Frequently Asked Questions

How has Green Dot's stock been impacted by COVID-19 (Coronavirus)?

Green Dot's stock was trading at $28.50 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GDOT stock has increased by 25.6% and is now trading at $35.79. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Green Dot?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Green Dot in the last year. There are currently 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Green Dot.

When is Green Dot's next earnings date?

Green Dot is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Green Dot.

How were Green Dot's earnings last quarter?

Green Dot Co. (NYSE:GDOT) announced its earnings results on Monday, May, 11th. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.79 by $0.34. The financial services provider earned $362.20 million during the quarter, compared to analysts' expectations of $324.12 million. Green Dot had a net margin of 7.32% and a return on equity of 11.35%. The company's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.51 earnings per share. View Green Dot's earnings history.

What price target have analysts set for GDOT?

13 analysts have issued 1-year price objectives for Green Dot's shares. Their forecasts range from $22.00 to $50.00. On average, they expect Green Dot's stock price to reach $36.58 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View analysts' price targets 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. Northland Securities analysts commented, "We believe the GDOT story today is about this new Unlimited product/card and we continue to believe traction will be difficult and the margin on the Unlimited card will be lower. As such, we are establishing 2020 estimates which are less than consensus estimates." (9/13/2019)
  • 2. According to Zacks Investment Research, "Green Dot’s second-quarter 2019 earnings and revenues beat the Zacks Consensus Estimate. The company's long-term strategic plan to be a ‘New Kind of Bank’ is leading to impressive results. Its Banking as a Service or BaaS platform programs are growing very quickly and contributing significantly to GDV and active card growth. The company's long-lasting relationship with Walmart is a key driver of operating revenues. Despite such positives, tough competition from companies across financial services, financial technology services, retail banking, transaction processing and consumer technology industries remains a concern for Green Dot. It experiences fluctuation in revenues due to seasonal factors. The company does not have any plans to pay cash dividends on common stock. Green Dot’s stock has declined in the past year." (8/13/2019)

Has Green Dot been receiving favorable news coverage?

News headlines about GDOT stock have trended very negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Green Dot earned a daily sentiment score of -3.4 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutGreen Dot.

Are investors shorting Green Dot?

Green Dot saw a decrease in short interest in May. As of May 15th, there was short interest totaling 3,630,000 shares, a decrease of 20.6% from the April 30th total of 4,570,000 shares. Based on an average daily volume of 936,500 shares, the short-interest ratio is presently 3.9 days. Currently, 7.4% of the company's shares are short sold. View Green Dot's Current Options Chain.

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), Twilio (TWLO), 3D Systems (DDD), FireEye (FEYE), Micron Technology (MU), Square (SQ) and Applied Materials (AMAT).

Who are Green Dot's key executives?

Green Dot's management team includes the following 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

What is Green Dot's stock symbol?

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

Who are Green Dot's major shareholders?

Green Dot's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.15%), Starboard Value LP (9.40%), State Street Corp (3.09%), Two Sigma Advisers LP (1.82%), Morgan Stanley (1.78%) and Morgan Stanley (1.77%). Company insiders that own Green Dot stock include Brett Narlinger, George W Gresham, Glinda Bridgforth-Hodges, Jeffrey Osher, Jess Unruh, John C Ricci, Kenneth C Aldrich, Konrad Alt, Kuan Archer, Mark L Shifke, Mary Dent, Rajeev V Date, Robert Strub 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 Citigroup Inc., Two Sigma Investments LP, Federated Hermes Inc., Parametric Portfolio Associates LLC, Robeco Institutional Asset Management B.V., BNP Paribas Arbitrage SA, Maverick Capital Ltd., and Maverick Capital Ltd.. Company insiders that have sold Green Dot company stock in the last year include Brett Narlinger, Glinda Bridgforth-Hodges, Konrad Alt, and Robert Strub. View insider buying and selling activity 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 Starboard Value LP, Morgan Stanley, Morgan Stanley, BlackRock Inc., Philadelphia Financial Management of San Francisco LLC, JPMorgan Chase & Co., Russell Investments Group Ltd., and Principal Financial Group Inc.. Company insiders that have bought Green Dot stock in the last two years include Jeffrey Osher, and Rajeev V Date. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Green Dot's stock price today?

One share of GDOT stock can currently be purchased for approximately $35.79.

How big of a company is Green Dot?

Green Dot has a market capitalization of $1.90 billion and generates $1.11 billion in revenue each year. The financial services provider earns $99.90 million in net income (profit) each year or $2.33 on an earnings per share basis. Green Dot employs 1,200 workers across the globe.

What is Green Dot's official website?

The official website for Green Dot is 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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff

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