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

Green Dot (NYSE:GDOT) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 1.050-1.200 for the period, compared to the consensus EPS estimate of 1.500. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $1.8 billion.

Green Dot Trading Down 3.5 %

Shares of GDOT stock traded down $0.30 during trading hours on Thursday, reaching $8.19. 423,500 shares of the stock were exchanged, compared to its average volume of 455,500. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.05. Green Dot has a 12-month low of $7.70 and a 12-month high of $13.58. The company’s 50-day moving average price is $9.39 and its 200-day moving average price is $10.54. The firm has a market capitalization of $440.25 million, a price-to-earnings ratio of -7.80 and a beta of 0.90.

Green Dot (NYSE:GDOT) last released its quarterly earnings results on Thursday, February 27th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.08). Green Dot had a positive return on equity of 3.84% and a negative net margin of 3.39%. As a group, equities analysts anticipate that Green Dot will post 0.87 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Topline Capital Management, Ll sold 247,230 shares of the firm’s stock in a transaction on Friday, December 27th. The shares were sold at an average price of $10.54, for a total value of $2,605,804.20. Following the completion of the sale, the insider now owns 6,088,737 shares in the company, valued at approximately $64,175,287.98. This trade represents a 3.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the firm’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $10.54, for a total transaction of $3,492,313.06. Following the completion of the transaction, the insider now directly owns 5,376,787 shares in the company, valued at approximately $56,671,334.98. This represents a 5.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 959,180 shares of company stock worth $10,071,696 in the last 90 days. Insiders own 1.10% 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.