Pathward Financial, Inc. (NASDAQ:CASH) Plans $0.05 Quarterly Dividend

Pathward Financial, Inc. (NASDAQ:CASH) declared a quarterly dividend on Thursday, May 21st. Investors of record on Thursday, June 11th will be paid a dividend of 0.05 per share by the savings and loans company on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Thursday, June 11th.

Pathward Financial has a dividend payout ratio of 2.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Pathward Financial to earn $9.63 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 2.1%.

Pathward Financial Price Performance

NASDAQ CASH traded up $0.07 on Thursday, reaching $82.65. 154,658 shares of the stock traded hands, compared to its average volume of 250,198. The firm’s fifty day simple moving average is $89.62 and its 200 day simple moving average is $82.65. The company has a quick ratio of 0.80, a current ratio of 0.81 and a debt-to-equity ratio of 0.04. The company has a market cap of $1.74 billion, a price-to-earnings ratio of 9.82 and a beta of 0.64. Pathward Financial has a 12 month low of $65.87 and a 12 month high of $101.26.

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on CASH shares. Piper Sandler started coverage on Pathward Financial in a research note on Thursday, March 12th. They set an “overweight” rating and a $107.00 price target for the company. Wall Street Zen lowered Pathward Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Keefe, Bruyette & Woods increased their price objective on Pathward Financial from $100.00 to $108.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Pathward Financial in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $107.50.

Pathward Financial Company Profile

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.