Pathward Financial (NASDAQ:CASH) Sets New 1-Year High – Here’s What Happened

Shares of Pathward Financial, Inc. (NASDAQ:CASH) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $93.08 and last traded at $91.14, with a volume of 320751 shares traded. The stock had previously closed at $91.08.

Wall Street Analyst Weigh In

A number of analysts recently commented on CASH shares. Wall Street Zen lowered Pathward Financial from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Keefe, Bruyette & Woods upgraded Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective for the company in a report on Friday, January 23rd. Finally, Weiss Ratings raised Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 26th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Pathward Financial presently has an average rating of “Buy” and a consensus target price of $97.00.

Pathward Financial Stock Up 1.5%

The company has a market cap of $2.08 billion, a P/E ratio of 11.46 and a beta of 0.75. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.79. The stock has a fifty day moving average price of $77.00 and a two-hundred day moving average price of $75.05.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.38 by $0.19. The business had revenue of $173.10 million during the quarter, compared to analyst estimates of $185.80 million. Pathward Financial had a return on equity of 22.76% and a net margin of 22.95%.Pathward Financial’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.29 EPS. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, research analysts expect that Pathward Financial, Inc. will post 7.26 EPS for the current year.

Pathward Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 10th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, December 10th. Pathward Financial’s dividend payout ratio is presently 2.44%.

Hedge Funds Weigh In On Pathward Financial

Several hedge funds have recently modified their holdings of CASH. Osaic Holdings Inc. grew its holdings in shares of Pathward Financial by 2.3% in the second quarter. Osaic Holdings Inc. now owns 5,826 shares of the savings and loans company’s stock valued at $461,000 after acquiring an additional 133 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in Pathward Financial by 8.4% in the second quarter. Nisa Investment Advisors LLC now owns 2,204 shares of the savings and loans company’s stock worth $174,000 after purchasing an additional 170 shares during the last quarter. Sippican Capital Advisors boosted its position in Pathward Financial by 0.8% in the fourth quarter. Sippican Capital Advisors now owns 21,640 shares of the savings and loans company’s stock worth $1,536,000 after purchasing an additional 170 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its stake in Pathward Financial by 3.9% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 4,906 shares of the savings and loans company’s stock valued at $363,000 after purchasing an additional 186 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of Pathward Financial by 10.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 2,281 shares of the savings and loans company’s stock valued at $169,000 after purchasing an additional 218 shares during the last quarter. Institutional investors own 92.66% of the company’s stock.

About Pathward Financial

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.