Green Dot (GDOT) Stock Price, News & Analysis

Company Overview

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. It offers money processing services, such as cash transfer services that enable consumers to deposit or pick up cash and pay bills with cash at the point-of-sale at any participating retailer; and simply paid disbursement services, which enable wages and authorized funds disbursement to its deposit account programs and accounts issued by any third-party bank or program manager. In addition, the company offers tax processing services comprising tax refund transfers, which provide the processing technology to facilitate receipt of a taxpayers' refund proceeds; small business lending to independent tax preparation providers that seek small advances; and fast cash advance, a loan that enables tax refund recipients. Green Dot Corporation was incorporated in 1999 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $10.06 to $10.62
• 50-Day Range: $10.23 to $13.28
• 52-Week Range: $7.70 to $13.58
• Volume: 531,290 shs
• Average Volume: 491,313 shs
• Market Capitalization: $550.27 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.75
• Consensus Rating: Hold

Green Dot Stock Analysis - MarketRank™

Green Dot scored higher than 41% of companies evaluated by MarketBeat, and ranked 204th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Green Dot has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Green Dot has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 14.00%

Earnings Growth

Earnings for Green Dot are expected to grow by 14.00% in the coming year, from $1.00 to $1.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Green Dot is -9.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Green Dot is -9.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Green Dot has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.39% of the float of Green Dot has been sold short.

Short Interest Ratio / Days to Cover

Green Dot has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Green Dot has recently decreased by 14.63%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Green Dot does not currently pay a dividend.

Dividend Growth

Green Dot does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

3.39% of the float of Green Dot has been sold short.

Short Interest Ratio / Days to Cover

Green Dot has a short interest ratio ("days to cover") of 4.2.

Change versus previous month

Short interest in Green Dot has recently decreased by 14.63%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.64

News Sentiment

Green Dot has a news sentiment score of 0.64. 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 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Green Dot this week, compared to 3 articles on an average week.

Search Interest

5 people have searched for GDOT on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Green Dot to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Green Dot insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,862,091.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.10% of the stock of Green Dot is held by insiders.

Percentage Held by Institutions

92.56% of the stock of Green Dot is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GDOT Stock Analysis - Frequently Asked Questions

How have GDOT shares performed this year?

Green Dot's stock was trading at $9.90 on January 1st, 2024. Since then, GDOT shares have increased by 3.3% and is now trading at $10.23.
View the best growth stocks for 2024 here.

How were Green Dot's earnings last quarter?

Green Dot Co. (NYSE:GDOT) posted its quarterly earnings results on Thursday, August, 8th. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. The company's quarterly revenue was up 11.3% on a year-over-year basis.

Does Green Dot have any subsidiaries?

The following companies are subsidiaries of Green Dot: Republic Bank-Tax Refund Solutions, UniRush Financial Services, AccountNow, Tax Products Group, Loopt, eCommLink, AccountNow LLC, and others.

Who are Green Dot's major shareholders?

Green Dot's top institutional investors include State Street Corp (4.69%), Geode Capital Management LLC (2.28%), Two Sigma Advisers LP (1.77%) and Jacobs Levy Equity Management Inc. (1.74%). Insiders that own company stock include Topline Capital Partners, Lp, Topline Capital Management, Ll, Principal Co Lp Starboard, Christian Devin Ruppel, William I Jacobs, Rajeev V Date, Glinda Bridgforth-Hodges and Jeffrey Osher.
View institutional ownership trends.

How do I buy shares of Green Dot?

Shares of GDOT 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 Green Dot own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Green Dot investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Nondepository credit institutions
• Sub-Industry: Consumer Finance
• Current Symbol: NYSE:GDOT
• CUSIP: 39304D10
• CIK: 1386278
• Web: www.greendot.com
• Phone: (626) 765-2000
• Fax: N/A
• Employees: 1,200
• Year Founded: 1999

Price Target and Rating

• Average Stock Price Target: $10.75
• High Stock Price Target: $11.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +5.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.76
• P/E Growth: N/A
• Net Income: $6.72 million
• Net Margins: -3.39%
• Pretax Margin: -3.46%
• Return on Equity: 3.84%
• Return on Assets: 0.65%

Debt

• Debt-to-Equity Ratio: 0.05
• Current Ratio: 0.52
• Quick Ratio: 0.52

Sales & Book Value

• Annual Sales: $1.50 billion
• Price / Sales: 0.37
• Cash Flow: $2.50 per share
• Price / Cash Flow: 4.10
• Book Value: $17.33 per share
• Price / Book: 0.59

Miscellaneous

• Outstanding Shares: 53,790,000
• Free Float: 53,195,000
• Market Cap: $550.27 million
• Optionable: Optionable
• Beta: 0.91