Pathward Financial (NASDAQ:CASH) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Pathward Financial, Inc. (NASDAQ:CASH) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $84.86 and traded as high as $87.20. Pathward Financial shares last traded at $86.45, with a volume of 195,553 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on CASH shares. Keefe, Bruyette & Woods raised their price target on shares of Pathward Financial from $100.00 to $108.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Piper Sandler assumed coverage on shares of Pathward Financial in a research report on Thursday, March 12th. They issued an “overweight” rating and a $107.00 price objective for the company. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Pathward Financial in a research note on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Pathward Financial currently has an average rating of “Buy” and a consensus target price of $107.50.

Pathward Financial Stock Up 0.4%

The company has a current ratio of 0.81, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $84.88 and a 200-day moving average price of $84.96. The firm has a market cap of $1.84 billion, a P/E ratio of 10.35 and a beta of 0.61.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings data on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share for the quarter, hitting analysts’ consensus estimates of $3.35. The company had revenue of $276.30 million during the quarter, compared to analyst estimates of $272.04 million. Pathward Financial had a net margin of 22.42% and a return on equity of 22.35%. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.11 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. On average, equities analysts forecast that Pathward Financial, Inc. will post 8.73 EPS for the current fiscal year.

Pathward Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Thursday, June 11th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, June 11th. Pathward Financial’s dividend payout ratio (DPR) is presently 2.38%.

Insider Activity at Pathward Financial

In other news, Director Douglas J. Hajek sold 5,000 shares of Pathward Financial stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total value of $431,850.00. Following the transaction, the director directly owned 12,281 shares in the company, valued at approximately $1,060,709.97. This trade represents a 28.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Elizabeth G. Hoople sold 4,500 shares of Pathward Financial stock in a transaction on Friday, May 29th. The shares were sold at an average price of $82.29, for a total value of $370,305.00. Following the completion of the transaction, the director owned 28,050 shares in the company, 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. Company insiders own 1.43% of the company’s stock.

Institutional Investors Weigh In On Pathward Financial

A number of institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC grew its position in Pathward Financial by 19.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 159,673 shares of the savings and loans company’s stock worth $11,476,000 after purchasing an additional 26,446 shares during the period. Aptus Capital Advisors LLC lifted its holdings in shares of Pathward Financial by 15.2% in the 3rd quarter. Aptus Capital Advisors LLC now owns 142,215 shares of the savings and loans company’s stock valued at $10,525,000 after buying an additional 18,720 shares during the period. Vinva Investment Management Ltd boosted its stake in shares of Pathward Financial by 24.2% in the third quarter. Vinva Investment Management Ltd now owns 188,804 shares of the savings and loans company’s stock worth $13,973,000 after buying an additional 36,781 shares during the last quarter. Comerica Bank boosted its stake in shares of Pathward Financial by 371.2% in the fourth quarter. Comerica Bank now owns 295,999 shares of the savings and loans company’s stock worth $21,016,000 after buying an additional 233,177 shares during the last quarter. Finally, Revolve Wealth Partners LLC acquired a new stake in Pathward Financial during the fourth quarter worth about $267,437,000. 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.