Pathward Financial (NASDAQ:CASH – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 8.550-9.050 for the period, compared to the consensus EPS estimate of 8.630. The company issued revenue guidance of -.
Analysts Set New Price Targets
CASH has been the subject of several recent analyst reports. Weiss Ratings upgraded Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Wall Street Zen downgraded Pathward Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Keefe, Bruyette & Woods raised their price objective on Pathward Financial from $100.00 to $108.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Piper Sandler began coverage on Pathward Financial in a research report on Thursday, March 12th. They set an “overweight” rating and a $107.00 target price for the company. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Pathward Financial presently has a consensus rating of “Buy” and an average price target of $107.50.
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Pathward Financial Stock Down 11.0%
Pathward Financial (NASDAQ:CASH – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 EPS for the quarter, meeting analysts’ consensus estimates of $3.35. The company had revenue of $276.30 million for the quarter, compared to analyst estimates of $272.04 million. Pathward Financial had a return on equity of 22.40% and a net margin of 22.42%.The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the company posted $3.11 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, equities analysts expect that Pathward Financial will post 8.7 earnings per share for the current year.
Pathward Financial Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Thursday, March 12th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, March 12th. Pathward Financial’s dividend payout ratio is presently 2.44%.
Insiders Place Their Bets
In other Pathward Financial news, CEO Brett L. Pharr sold 15,641 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $93.88, for a total transaction of $1,468,377.08. Following the transaction, the chief executive officer owned 78,261 shares of the company’s stock, valued at $7,347,142.68. The trade was a 16.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.43% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Pathward Financial
A number of large investors have recently added to or reduced their stakes in CASH. Seros Financial LLC bought a new stake in Pathward Financial during the third quarter worth $481,003,000. Revolve Wealth Partners LLC bought a new position in shares of Pathward Financial in the 4th quarter valued at $267,437,000. Goldman Sachs Group Inc. raised its position in Pathward Financial by 30.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 247,832 shares of the savings and loans company’s stock worth $17,596,000 after purchasing an additional 58,510 shares during the last quarter. Invesco Ltd. raised its position in Pathward Financial by 2.9% during the 4th quarter. Invesco Ltd. now owns 215,833 shares of the savings and loans company’s stock worth $15,324,000 after purchasing an additional 6,162 shares during the last quarter. Finally, Millennium Management LLC raised its position in Pathward Financial by 181.6% during the 4th quarter. Millennium Management LLC now owns 204,437 shares of the savings and loans company’s stock worth $14,515,000 after purchasing an additional 131,847 shares during the last quarter. Institutional investors and hedge funds own 92.66% of the company’s stock.
Pathward Financial Company Profile
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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