Pathward Financial (CASH) Stock Price, News & Analysis

Company Overview

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. The company also provides commercial finance product comprising term lending, asset-based lending, factoring, lease financing, insurance premium finance, government guaranteed lending, and other commercial finance products; consumer credit products; other consumer financing services; tax services, which includes short-term refund advance loans and short-term electronic return originator advance loans; and warehouse financing services. In addition, it issues prepaid cards; and offers payment solutions, such as acceptance, processing, and settlement of credit card and debit card payments. The company was formerly known as Meta Financial Group, Inc. and changed its name to Pathward Financial, Inc. in July 2022. Pathward Financial, Inc. was founded in 1954 and is based in Sioux Falls, South Dakota.

Key Stats

• Today's Range: $77.97 to $79.75
• 50-Day Range: $64.22 to $81.57
• 52-Week Range: $46.68 to $83.83
• Volume: 152,699 shs
• Average Volume: 181,131 shs
• Market Capitalization: $1.99 billion
• P/E Ratio: 11.99
• Dividend Yield: 0.25%
• Price Target: $74.50
• Consensus Rating: Moderate Buy

Pathward Financial Stock Analysis - MarketRank™

Pathward Financial scored higher than 56% of companies evaluated by MarketBeat, and ranked 590th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Pathward Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Pathward Financial has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.23%

Earnings Growth

Earnings for Pathward Financial are expected to grow by 8.23% in the coming year, from $7.05 to $7.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pathward Financial is 11.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pathward Financial is 11.99, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.34.

Price to Book Value per Share Ratio

Pathward Financial has a P/B Ratio of 2.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.99% of the float of Pathward Financial has been sold short.

Short Interest Ratio / Days to Cover

Pathward Financial has a short interest ratio ("days to cover") of 9.7.

Change versus previous month

Short interest in Pathward Financial has recently decreased by 7.03%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Pathward Financial has a dividend yield of 0.25%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Pathward Financial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Pathward Financial is 3.02%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Pathward Financial will have a dividend payout ratio of 2.62% next year. This indicates that Pathward Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.99% of the float of Pathward Financial has been sold short.

Short Interest Ratio / Days to Cover

Pathward Financial has a short interest ratio ("days to cover") of 9.7.

Change versus previous month

Short interest in Pathward Financial has recently decreased by 7.03%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.60

News Sentiment

Pathward Financial has a news sentiment score of 1.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Pathward Financial this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for CASH on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Pathward Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Pathward Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $517,010.00 in company stock.

Percentage Held by Insiders

Only 0.72% of the stock of Pathward Financial is held by insiders.

Percentage Held by Institutions

92.66% of the stock of Pathward Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CASH Stock Analysis - Frequently Asked Questions

How have CASH shares performed this year?

Pathward Financial's stock was trading at $52.93 on January 1st, 2024. Since then, CASH stock has increased by 50.2% and is now trading at $79.52.
View the best growth stocks for 2024 here.

How were Pathward Financial's earnings last quarter?

Pathward Financial, Inc. (NASDAQ:CASH) announced its earnings results on Wednesday, October, 23rd. The savings and loans company reported $1.35 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.08. The business's quarterly revenue was up 4.4% compared to the same quarter last year.

When did Pathward Financial's stock split?

Pathward Financial shares split on Friday, October 5th 2018. The 3-1 split was announced on Tuesday, August 28th 2018. The newly minted shares were distributed to shareholders after the market closes on Thursday, October 4th 2018. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

Who are Pathward Financial's major shareholders?

Top institutional investors of Pathward Financial include FMR LLC (8.22%), State Street Corp (5.10%), Geode Capital Management LLC (2.80%) and Charles Schwab Investment Management Inc. (1.31%). Insiders that own company stock include Glen William Herrick, Brett L Pharr, Anthony M Sharett, Charles C Ingram, Douglas J Hajek, Kendall E Stork, Michael Robert Kramer, Greg Sigrist, Kia S Tang, Sonja Anne Theisen, Frederick V Moore, Christopher Perretta, Bradley C Hanson and Elizabeth G Hoople.
View institutional ownership trends.

How do I buy shares of Pathward Financial?

Shares of CASH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Pathward Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pathward Financial investors own include American Water Works (AWK), Waste Connections (WCN), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), Humana (HUM) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Ex-Dividend for 10/1 Dividend: 9/10/2024
• Dividend Payable: 10/01/2024
• Last Earnings: 10/23/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 1/22/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:CASH
• CUSIP: N/A
• CIK: 907471
• Web: www.metafinancialgroup.com
• Phone: (877) 497-7497
• Fax: 712-749-7501
• Employees: 1,199
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $74.50
• High Stock Price Target: $82.00
• Low Stock Price Target: $67.00
• Potential Upside/Downside: -6.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.63
• Trailing P/E Ratio: 12.00
• Forward P/E Ratio: 11.28
• P/E Growth: N/A
• Net Income: $168.36 million
• Net Margins: 21.65%
• Pretax Margin: 25.62%
• Return on Equity: 21.86%
• Return on Assets: 2.21%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 0.74
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $775.94 million
• Price / Sales: 2.56
• Cash Flow: $6.83 per share
• Price / Cash Flow: 11.64
• Book Value: $33.62 per share
• Price / Book: 2.37

Miscellaneous

• Outstanding Shares: 24,980,000
• Free Float: 24,797,000
• Market Cap: $1.99 billion
• Optionable: Optionable
• Beta: 0.67