Pathward Financial (NASDAQ:CASH) Now Covered by Analysts at Piper Sandler

Piper Sandler assumed coverage on shares of Pathward Financial (NASDAQ:CASH) in a research report released on Thursday morning, Marketbeat.com reports. The firm issued an overweight rating and a $107.00 target price on the savings and loans company’s stock.

CASH has been the topic of several other reports. Weiss Ratings raised shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Keefe, Bruyette & Woods raised Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 target price for the company in a research report on Friday, January 23rd. Finally, Wall Street Zen downgraded Pathward Financial from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $103.50.

Pathward Financial Stock Performance

Shares of CASH opened at $89.81 on Thursday. The company has a 50-day moving average of $86.23 and a two-hundred day moving average of $77.73. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 10.98 and a beta of 0.74. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.79. Pathward Financial has a one year low of $64.45 and a one year high of $96.06.

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

Pathward Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th will be given a $0.05 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s dividend payout ratio is presently 2.44%.

Insider Activity

In other Pathward Financial news, CEO Brett L. Pharr sold 15,641 shares of Pathward Financial stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $93.88, for a total transaction of $1,468,377.08. Following the completion of the sale, the chief executive officer owned 78,261 shares of the company’s stock, valued at $7,347,142.68. This trade represents a 16.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.43% of the stock is owned by company insiders.

Institutional Trading of Pathward Financial

Several hedge funds and other institutional investors have recently modified their holdings of the company. Seros Financial LLC purchased a new position in Pathward Financial in the third quarter valued at about $481,003,000. Revolve Wealth Partners LLC purchased a new stake in shares of Pathward Financial during the 4th quarter worth about $267,437,000. Vanguard Group Inc. lifted its holdings in shares of Pathward Financial by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 1,857,345 shares of the savings and loans company’s stock valued at $137,462,000 after buying an additional 14,130 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Pathward Financial by 44.6% during the 3rd quarter. American Century Companies Inc. now owns 1,049,836 shares of the savings and loans company’s stock valued at $77,698,000 after buying an additional 323,785 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC grew its stake in shares of Pathward Financial by 62.0% in the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 348,590 shares of the savings and loans company’s stock valued at $25,799,000 after buying an additional 133,455 shares in the last quarter. 92.66% of the stock is currently owned by hedge funds and other institutional investors.

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.