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

Green Dot (NYSE:GDOT) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided EPS guidance of 1.310-1.440 for the period, compared to the consensus EPS estimate of 1.220. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

Analyst Ratings Changes

Several research firms have recently issued reports on GDOT. Zacks Research cut shares of Green Dot from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 16th. Northland Securities set a $18.00 price target on Green Dot in a research note on Wednesday, October 15th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Green Dot in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $13.50.

Green Dot Trading Up 1.8%

Shares of Green Dot stock traded up $0.21 on Monday, reaching $11.77. 890,050 shares of the company were exchanged, compared to its average volume of 809,442. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.07. Green Dot has a fifty-two week low of $6.12 and a fifty-two week high of $15.41. The firm has a market capitalization of $651.66 million, a price-to-earnings ratio of -26.74 and a beta of 0.80. The stock has a fifty day moving average price of $13.19 and a 200-day moving average price of $11.41.

Green Dot (NYSE:GDOT) last posted its quarterly earnings data on Monday, November 10th. The financial services provider reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $0.09. Green Dot had a positive return on equity of 9.93% and a negative net margin of 1.24%. Green Dot has set its FY 2025 guidance at 1.310-1.440 EPS. On average, analysts expect that Green Dot will post 0.87 EPS for the current year.

Insider Activity at Green Dot

In related news, insider Christian Devin Ruppel sold 27,931 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $12.39, for a total value of $346,065.09. Following the completion of the sale, the insider owned 226,656 shares in the company, valued at approximately $2,808,267.84. This represents a 10.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.40% of the company’s stock.

Institutional Trading of Green Dot

A number of hedge funds have recently modified their holdings of GDOT. Tower Research Capital LLC TRC grew its stake in shares of Green Dot by 23.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 6,504 shares of the financial services provider’s stock valued at $70,000 after buying an additional 1,221 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Green Dot by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,801 shares of the financial services provider’s stock valued at $268,000 after acquiring an additional 1,341 shares during the last quarter. Russell Investments Group Ltd. grew its position in Green Dot by 4.1% in the second quarter. Russell Investments Group Ltd. now owns 61,367 shares of the financial services provider’s stock worth $662,000 after acquiring an additional 2,412 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Green Dot by 3.6% during the 2nd quarter. Rhumbline Advisers now owns 84,504 shares of the financial services provider’s stock worth $911,000 after purchasing an additional 2,938 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Green Dot by 13.0% during the 2nd quarter. Sei Investments Co. now owns 64,047 shares of the financial services provider’s stock valued at $690,000 after purchasing an additional 7,379 shares in the last quarter. Hedge funds and other institutional investors own 92.56% of the company’s stock.

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.