Pathward Financial (CASH) Projected to Post Quarterly Earnings on Tuesday

Pathward Financial (NASDAQ:CASH - Get Free Report) is projected to announce its earnings results after the market closes on Tuesday, April 22nd. Analysts expect the company to announce earnings of $2.71 per share and revenue of $256.30 million for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Pathward Financial (NASDAQ:CASH - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The savings and loans company reported $1.29 EPS for the quarter, topping the consensus estimate of $1.24 by $0.05. The business had revenue of $173.51 million for the quarter, compared to analyst estimates of $173.27 million. Pathward Financial had a return on equity of 22.02% and a net margin of 21.91%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.06 EPS. On average, analysts expect Pathward Financial to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Pathward Financial Price Performance

CASH stock traded down $0.17 during midday trading on Friday, hitting $70.33. 274,437 shares of the stock were exchanged, compared to its average volume of 192,046. The stock's 50-day moving average price is $73.52 and its 200-day moving average price is $75.74. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.76 and a current ratio of 0.77. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 10.25 and a beta of 0.44. Pathward Financial has a fifty-two week low of $50.00 and a fifty-two week high of $86.00.

Pathward Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Thursday, March 13th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.20 annualized dividend and a dividend yield of 0.28%. Pathward Financial's dividend payout ratio is presently 2.92%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler dropped their target price on shares of Pathward Financial from $94.00 to $91.00 and set an "overweight" rating for the company in a report on Wednesday, January 22nd.

Institutional Investors Weigh In On Pathward Financial

An institutional investor recently bought a new position in Pathward Financial stock. Revolve Wealth Partners LLC acquired a new position in Pathward Financial, Inc. (NASDAQ:CASH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,634,641 shares of the savings and loans company's stock, valued at approximately $267,437,000. Pathward Financial comprises approximately 28.1% of Revolve Wealth Partners LLC's portfolio, making the stock its largest position. Revolve Wealth Partners LLC owned approximately 15.24% of Pathward Financial at the end of the most recent reporting period. 92.66% of the stock is owned by institutional investors.

Pathward Financial Company Profile

Pathward Financial, Inc operates as the bank holding company for Pathward, National Association that provides various banking products and services in the United States. The company operates through three segments: Consumer, Commercial, and Corporate Services/Other. It offers demand deposit accounts, savings accounts, and money market savings accounts.