FY2025 EPS Estimates for Green Dot Decreased by Analyst

Green Dot Corporation (NYSE:GDOT) – Northland Capmk decreased their FY2025 earnings per share (EPS) estimates for Green Dot in a report released on Wednesday, October 15th. Northland Capmk analyst M. Grondahl now anticipates that the financial services provider will earn $1.01 per share for the year, down from their previous forecast of $1.02. The consensus estimate for Green Dot’s current full-year earnings is $0.87 per share. Northland Capmk also issued estimates for Green Dot’s FY2026 earnings at $0.94 EPS.

Other analysts have also issued reports about the company. Zacks Research upgraded Green Dot from a “hold” rating to a “strong-buy” rating in a report on Friday, August 22nd. Weiss Ratings restated a “sell (d-)” rating on shares of Green Dot in a report on Wednesday, October 8th. Keefe, Bruyette & Woods boosted their price target on Green Dot from $11.00 to $12.00 and gave the company a “market perform” rating in a report on Friday, July 11th. Finally, Northland Securities set a $18.00 price target on Green Dot in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Green Dot presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.50.

Green Dot Stock Performance

Shares of Green Dot stock opened at $12.42 on Friday. The firm has a market cap of $687.98 million, a price-to-earnings ratio of -28.23 and a beta of 0.78. The stock’s 50-day moving average is $13.50 and its 200-day moving average is $10.83. Green Dot has a one year low of $6.12 and a one year high of $15.41. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.69 and a quick ratio of 0.69.

Green Dot (NYSE:GDOT) last announced its quarterly earnings results on Monday, August 11th. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.23. The company had revenue of $501.16 million during the quarter, compared to the consensus estimate of $496.49 million. Green Dot had a positive return on equity of 9.93% and a negative net margin of 1.24%.The company’s revenue for the quarter was up 23.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.25 earnings per share. Green Dot has set its FY 2025 guidance at 1.280-1.420 EPS.

Insider Transactions at Green Dot

In related news, insider Christian Devin Ruppel sold 27,931 shares of the company’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $12.39, for a total transaction of $346,065.09. Following the sale, the insider owned 226,656 shares in the company, valued at approximately $2,808,267.84. This represents a 10.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.

Institutional Trading of Green Dot

Institutional investors and hedge funds have recently bought and sold shares of the stock. Brooklyn Investment Group raised its holdings in Green Dot by 350,400.0% during the first quarter. Brooklyn Investment Group now owns 3,505 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 3,504 shares in the last quarter. Virtus Advisers LLC bought a new stake in Green Dot in the second quarter valued at approximately $33,000. GAMMA Investing LLC raised its stake in Green Dot by 152.0% in the first quarter. GAMMA Investing LLC now owns 5,663 shares of the financial services provider’s stock valued at $48,000 after buying an additional 3,416 shares during the period. Ameritas Investment Partners Inc. raised its stake in Green Dot by 18.6% in the second quarter. Ameritas Investment Partners Inc. now owns 5,478 shares of the financial services provider’s stock valued at $59,000 after buying an additional 861 shares during the period. Finally, Tower Research Capital LLC TRC raised its stake in Green Dot by 23.1% in the second quarter. Tower Research Capital LLC TRC now owns 6,504 shares of the financial services provider’s stock valued at $70,000 after buying an additional 1,221 shares during the period. Institutional investors own 92.56% of the company’s stock.

About Green Dot

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.