Pathward Financial (NASDAQ:CASH – Free Report) had its target price cut by Keefe, Bruyette & Woods from $108.00 to $97.00 in a research report report published on Thursday morning,Benzinga reports. They currently have an outperform rating on the savings and loans company’s stock.
Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, Pathward Financial has an average rating of “Buy” and a consensus price target of $101.00.
Check Out Our Latest Research Report on CASH
Pathward Financial Stock Down 6.3%
Pathward Financial (NASDAQ:CASH – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.58). Pathward Financial had a return on equity of 20.59% and a net margin of 21.03%.The business had revenue of $189.64 million for the quarter, compared to the consensus estimate 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. Research analysts anticipate that Pathward Financial will post 8.73 earnings per share for the current fiscal year.
Pathward Financial Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Thursday, June 11th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, June 11th. Pathward Financial’s payout ratio is presently 2.38%.
Insider Buying and Selling at Pathward Financial
In other news, Director Elizabeth G. Hoople sold 4,500 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $82.29, for a total value of $370,305.00. Following the sale, the director directly owned 28,050 shares of the company’s stock, valued at approximately $2,308,234.50. This represents a 13.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Douglas J. Hajek sold 5,000 shares of the company’s 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 directly owned 12,281 shares in the company, valued at approximately $1,060,709.97. The trade was a 28.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.43% of the company’s stock.
Hedge Funds Weigh In On Pathward Financial
Institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC lifted its position in shares of Pathward Financial by 43,200.0% in the second quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock valued at $34,000 after buying an additional 432 shares during the last quarter. State of Wyoming acquired a new position in shares of Pathward Financial during the 2nd quarter worth approximately $46,000. Smartleaf Asset Management LLC increased its holdings in shares of Pathward Financial by 23.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock worth $45,000 after acquiring an additional 118 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in Pathward Financial by 225.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 853 shares of the savings and loans company’s stock valued at $61,000 after acquiring an additional 591 shares during the period. Finally, New Age Alpha Advisors LLC bought a new stake in Pathward Financial in the 4th quarter valued at $77,000. Institutional investors and hedge funds 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: 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.
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