Green Dot (NYSE:GDOT) Updates FY 2025 Earnings Guidance

Green Dot (NYSE:GDOT - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.050-1.200 for the period, compared to the consensus estimate of 1.500. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

Green Dot Trading Down 12.2 %

GDOT traded down $0.93 during trading on Monday, hitting $6.72. The company's stock had a trading volume of 1,339,730 shares, compared to its average volume of 505,303. The firm's 50 day moving average price is $9.28 and its 200-day moving average price is $10.51. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.52 and a quick ratio of 0.52. The stock has a market cap of $361.45 million, a PE ratio of -6.40 and a beta of 0.90. Green Dot has a twelve month low of $6.65 and a twelve month high of $13.58.

Wall Street Analyst Weigh In

Several research analysts have weighed in on GDOT shares. Barclays cut their price target on Green Dot from $10.00 to $7.00 and set an "underweight" rating for the company in a report on Monday. Keefe, Bruyette & Woods cut their price target on Green Dot from $12.00 to $10.00 and set a "market perform" rating for the company in a report on Friday.

Insider Transactions at Green Dot

In other news, insider Topline Capital Management, Ll sold 380,611 shares of the company's stock in a transaction on Monday, December 30th. The stock was sold at an average price of $10.44, for a total transaction of $3,973,578.84. Following the completion of the sale, the insider now directly owns 5,708,126 shares in the company, valued at $59,592,835.44. This represents a 6.25 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the company's stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $10.54, for a total value of $3,492,313.06. Following the sale, the insider now owns 5,376,787 shares of the company's stock, valued at approximately $56,671,334.98. The trade was a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 959,180 shares of company stock worth $10,071,696 in the last ninety days. Insiders own 1.10% of the company's stock.

Remove Ads

About Green Dot

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.