Pathward Financial’s (CASH) Overweight Rating Reiterated at Piper Sandler

Piper Sandler reaffirmed their overweight rating on shares of Pathward Financial (NASDAQ:CASH) in a research note published on Thursday, MarketBeat Ratings reports. They currently have a $105.00 price target on the savings and loans company’s stock, down from their prior price target of $107.00.

A number of other equities analysts have also recently weighed in on the company. Keefe, Bruyette & Woods decreased their price objective on Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a report on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $101.00.

Pathward Financial Stock Up 3.3%

Shares of NASDAQ:CASH opened at $85.90 on Thursday. The firm has a market capitalization of $1.81 billion, a PE ratio of 10.76 and a beta of 0.60. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.82. Pathward Financial has a 52-week low of $65.87 and a 52-week high of $101.26. The firm has a fifty day moving average of $85.02 and a 200 day moving average of $87.13.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.58). Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. The firm had revenue of $189.64 million for the quarter, compared to analysts’ expectations of $191.18 million. 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. As a group, research analysts anticipate that Pathward Financial will post 7.93 EPS for the current fiscal year.

Pathward Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, June 11th. Pathward Financial’s dividend payout ratio (DPR) is 2.51%.

Insider Activity

In related news, Director Douglas J. Hajek sold 5,000 shares of the stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total transaction of $431,850.00. Following the completion of the sale, the director directly owned 12,281 shares in the company, valued at $1,060,709.97. This represents a 28.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Elizabeth G. Hoople sold 4,500 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $82.29, for a total value of $370,305.00. Following the transaction, the director owned 28,050 shares in the company, valued at approximately $2,308,234.50. The trade was a 13.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.43% of the stock is currently owned by insiders.

Institutional Trading of Pathward Financial

Institutional investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC raised its stake in shares of Pathward Financial by 19.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 159,673 shares of the savings and loans company’s stock valued at $11,476,000 after acquiring an additional 26,446 shares during the last quarter. Comerica Bank grew its stake in shares of Pathward Financial by 371.2% in the fourth quarter. Comerica Bank now owns 295,999 shares of the savings and loans company’s stock worth $21,016,000 after purchasing an additional 233,177 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of Pathward Financial in the fourth quarter worth about $267,437,000. UBS Group AG increased its holdings in Pathward Financial by 17.5% during the 4th quarter. UBS Group AG now owns 93,495 shares of the savings and loans company’s stock valued at $6,638,000 after purchasing an additional 13,954 shares during the period. Finally, Horizon Investments LLC purchased a new position in Pathward Financial during the 4th quarter valued at about $603,000. Hedge funds and other institutional investors own 92.66% of the company’s stock.

More Pathward Financial News

Here are the key news stories impacting Pathward Financial this week:

• Positive Sentiment: Pathward issued FY2027 EPS guidance of $9.50 to $10.00 and reiterated a solid longer-term outlook, which helped offset some of the disappointment from the quarter. Article Title
• Positive Sentiment: Piper Sandler reaffirmed an overweight rating and set a $105 price target, suggesting analysts still see upside from current levels. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods also kept an outperform rating, with a $97 price target, indicating the selloff may have created some value. Article Title
• Neutral Sentiment: Management’s earnings call and presentation focused on quarterly results and outlook, but there was no major new strategic announcement. Article Title
• Negative Sentiment: Pathward reported EPS of $1.37, far below the $1.95 consensus estimate, and revenue also missed expectations, triggering a sharp negative reaction in the stock. Article Title
• Negative Sentiment: The company disclosed a $34 million commercial finance provision, which raised concerns about credit quality and pressured sentiment further. Article Title
• Negative Sentiment: Block & Leviton announced a securities-fraud investigation into Pathward Financial, adding an additional legal overhang for investors. Article Title
• Negative Sentiment: A Seeking Alpha piece highlighted rising credit concerns tied to Pathward’s renewable energy exposure, which may be contributing to the stock’s weakness. Article Title

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.