Pathward Financial’s (CASH) “Overweight” Rating Reaffirmed at Piper Sandler

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

Several other analysts have also 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 restated a “buy (b)” rating on shares of Pathward Financial in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Pathward Financial currently has an average rating of “Buy” and an average price target of $101.00.

Pathward Financial Stock Down 6.3%

NASDAQ CASH opened at $83.12 on Thursday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.80 and a current ratio of 0.81. The firm has a 50-day simple moving average of $84.90 and a 200 day simple moving average of $87.14. Pathward Financial has a twelve month low of $65.87 and a twelve month high of $101.26. The stock has a market cap of $1.75 billion, a PE ratio of 10.42 and a beta of 0.60.

Pathward Financial (NASDAQ:CASH) last released its 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 return on equity of 20.59% and a net margin of 21.03%.The firm had revenue of $189.64 million for the quarter, compared to analyst estimates 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. On average, research analysts forecast that Pathward Financial will post 8.73 EPS for the current year.

Pathward Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Thursday, June 11th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $0.20 annualized dividend and a yield of 0.2%. Pathward Financial’s payout ratio is currently 2.38%.

Insiders Place Their Bets

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Wedge Capital Management L L P NC boosted its holdings in shares of Pathward Financial by 8.8% in the 2nd quarter. Wedge Capital Management L L P NC now owns 13,707 shares of the savings and loans company’s stock worth $1,193,000 after acquiring an additional 1,113 shares in the last quarter. Empowered Funds LLC acquired a new position in Pathward Financial in the first quarter worth $8,671,000. Glenmede Trust Co. NA grew its holdings in shares of Pathward Financial by 3.5% during the first quarter. Glenmede Trust Co. NA now owns 17,769 shares of the savings and loans company’s stock worth $1,586,000 after purchasing an additional 606 shares during the last quarter. RMR Capital Management LLC increased its stake in shares of Pathward Financial by 2.4% in the first quarter. RMR Capital Management LLC now owns 39,077 shares of the savings and loans company’s stock valued at $3,487,000 after buying an additional 908 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in shares of Pathward Financial by 571.3% in the first quarter. Bank of America Corp DE now owns 302,503 shares of the savings and loans company’s stock valued at $26,992,000 after buying an additional 257,443 shares in the last quarter. Institutional investors own 92.66% of the company’s stock.

Key Pathward Financial News

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

• Positive Sentiment: Piper Sandler reaffirmed its overweight rating on Pathward Financial and set a $105 price target, suggesting upside from current levels. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods kept an outperform rating on Pathward Financial, with a $97 target, indicating analysts still see room for recovery despite trimming their estimate. Article Title
• Neutral Sentiment: The company highlighted FY2027 EPS guidance of $9.50-$10.00, which is broadly in line with analyst expectations and signals confidence in longer-term earnings power. Article Title
• Negative Sentiment: Pathward reported Q3 EPS of $1.37, well below the $1.95 consensus estimate, and revenue of $189.64 million also missed expectations, reinforcing the earnings disappointment. Article Title
• Negative Sentiment: Management reduced FY2026 EPS guidance to $7.80-$8.20, below the market’s prior expectations, and cited a $34 million commercial finance provision, which raised concerns about credit quality and near-term profitability. Article Title
• Negative Sentiment: Block & Leviton said it is investigating Pathward Financial for possible securities law violations, adding a legal overhang that could pressure investor sentiment. 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.