Pathward Financial (NASDAQ:CASH) Sees Strong Trading Volume – What’s Next?

Pathward Financial, Inc. (NASDAQ:CASH) shares saw unusually-strong trading volume on Wednesday . Approximately 195,001 shares traded hands during mid-day trading, a decline of 21% from the previous session’s volume of 245,354 shares.The stock last traded at $89.2520 and had previously closed at $87.06.

Analyst Ratings Changes

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

Pathward Financial Trading Up 2.5%

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 stock has a market cap of $1.88 billion, a P/E ratio of 10.63 and a beta of 0.61. The firm’s 50-day simple moving average is $84.43 and its 200 day simple moving average is $85.22.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings results on Wednesday, April 22nd. The savings and loans company reported $3.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $3.35. The company had revenue of $276.30 million for the quarter, compared to analysts’ expectations of $272.04 million. Pathward Financial had a return on equity of 22.35% and a net margin of 22.42%.The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.11 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, equities research analysts anticipate that Pathward Financial, Inc. will post 8.73 earnings per share for the current year.

Pathward Financial Dividend Announcement

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

Insider Buying and Selling at Pathward Financial

In other Pathward Financial news, Director Douglas J. Hajek sold 5,000 shares of the business’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total transaction of $431,850.00. Following the completion of the transaction, the director owned 12,281 shares in the company, valued at approximately $1,060,709.97. The trade was a 28.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Elizabeth G. Hoople sold 4,500 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $82.29, for a total value of $370,305.00. Following the transaction, the director owned 28,050 shares of the company’s stock, valued at $2,308,234.50. This trade represents a 13.82% decrease in their position. The SEC filing for this sale provides additional information. 1.43% of the stock is owned by insiders.

Institutional Investors Weigh In On Pathward Financial

Several institutional investors have recently bought and sold shares of CASH. Seros Financial LLC bought a new stake in shares of Pathward Financial during the 3rd quarter worth about $481,003,000. Revolve Wealth Partners LLC acquired a new position in shares of Pathward Financial during the fourth quarter valued at approximately $267,437,000. American Century Companies Inc. increased its stake in shares of Pathward Financial by 44.6% during the third quarter. American Century Companies Inc. now owns 1,049,836 shares of the savings and loans company’s stock valued at $77,698,000 after acquiring an additional 323,785 shares during the period. Bank of America Corp DE increased its stake in shares of Pathward Financial by 571.3% during the first quarter. Bank of America Corp DE now owns 302,503 shares of the savings and loans company’s stock valued at $26,992,000 after acquiring an additional 257,443 shares during the period. Finally, Comerica Bank raised its holdings in Pathward Financial by 371.2% during the fourth quarter. Comerica Bank now owns 295,999 shares of the savings and loans company’s stock worth $21,016,000 after purchasing an additional 233,177 shares in the last quarter. Institutional investors and hedge funds 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.