Meta Financial Group Inc. (NASDAQ:CASH) – Research analysts at B. Riley increased their FY2018 earnings per share (EPS) estimates for Meta Financial Group in a report released on Wednesday. B. Riley analyst S. Moss now forecasts that the savings and loans company will post earnings per share of $7.40 for the year, up from their prior estimate of $7.13. B. Riley currently has a “Buy” rating and a $120.00 price target on the stock. B. Riley also issued estimates for Meta Financial Group’s Q4 2018 earnings at $1.51 EPS, Q1 2019 earnings at $1.34 EPS, Q3 2019 earnings at $2.08 EPS, Q4 2019 earnings at $1.98 EPS and FY2019 earnings at $10.10 EPS.

CASH has been the topic of several other research reports. Zacks Investment Research upgraded Meta Financial Group from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. Lake Street Capital initiated coverage on Meta Financial Group in a research note on Monday, January 8th. They issued a “buy” rating and a $120.00 price objective on the stock. BidaskClub downgraded Meta Financial Group from a “buy” rating to a “hold” rating in a research note on Wednesday, December 27th. FBR & Co upgraded Meta Financial Group from a “neutral” rating to a “buy” rating and set a $95.00 price objective on the stock in a research note on Tuesday, October 31st. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $88.00 price objective on shares of Meta Financial Group in a research note on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $115.80.

Meta Financial Group (CASH) traded down $0.10 during trading on Friday, reaching $103.75. The company had a trading volume of 67,244 shares, compared to its average volume of 92,628. Meta Financial Group has a fifty-two week low of $60.70 and a fifty-two week high of $106.74. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $1,000.00, a P/E ratio of 21.61 and a beta of 0.90.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Friday, December 8th were paid a $0.13 dividend. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $0.52 annualized dividend and a yield of 0.50%. Meta Financial Group’s payout ratio is 10.83%.

Several large investors have recently bought and sold shares of the business. Sage Capital Advisors llc lifted its position in shares of Meta Financial Group by 163.3% during the third quarter. Sage Capital Advisors llc now owns 17,254 shares of the savings and loans company’s stock worth $1,353,000 after acquiring an additional 10,702 shares in the last quarter. GSA Capital Partners LLP lifted its position in shares of Meta Financial Group by 78.1% during the third quarter. GSA Capital Partners LLP now owns 33,565 shares of the savings and loans company’s stock worth $2,631,000 after acquiring an additional 14,717 shares in the last quarter. Ashford Capital Management Inc. lifted its position in shares of Meta Financial Group by 3.7% during the third quarter. Ashford Capital Management Inc. now owns 295,115 shares of the savings and loans company’s stock worth $23,137,000 after acquiring an additional 10,541 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Meta Financial Group by 25.1% during the third quarter. California Public Employees Retirement System now owns 22,024 shares of the savings and loans company’s stock worth $1,727,000 after acquiring an additional 4,414 shares in the last quarter. Finally, Second Curve Capital LLC lifted its position in shares of Meta Financial Group by 37.4% during the third quarter. Second Curve Capital LLC now owns 424,132 shares of the savings and loans company’s stock worth $33,252,000 after acquiring an additional 115,400 shares in the last quarter. Hedge funds and other institutional investors own 76.89% of the company’s stock.

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Meta Financial Group Company Profile

Meta Financial Group, Inc is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank (the Bank). Its segments include Payments, Banking, and Corporate Services/Other. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis.

Earnings History and Estimates for Meta Financial Group (NASDAQ:CASH)

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