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 earnings per share (EPS) guidance of 1.310-1.440 for the period, compared to the consensus 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.

Green Dot Price Performance

Shares of NYSE GDOT opened at $11.77 on Tuesday. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $651.70 million, a PE ratio of -26.74 and a beta of 0.80. The firm has a fifty day simple moving average of $13.15 and a 200 day simple moving average of $11.43. Green Dot has a twelve month low of $6.12 and a twelve month high of $15.41.

Green Dot (NYSE:GDOT) last posted its quarterly earnings data on Monday, November 10th. The financial services provider reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.17. Green Dot had a positive return on equity of 9.93% and a negative net margin of 1.24%.The firm had revenue of $491.85 million during the quarter, compared to analyst estimates of $483.84 million. During the same period last year, the company posted $0.13 EPS. The business’s quarterly revenue was up 20.8% on a year-over-year basis. Green Dot has set its FY 2025 guidance at 1.310-1.440 EPS. On average, sell-side analysts forecast that Green Dot will post 0.87 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently issued reports on GDOT shares. Northland Securities set a $18.00 target price on shares of Green Dot in a research report on Wednesday, October 15th. William Blair reaffirmed a “market perform” rating on shares of Green Dot in a research report on Tuesday. Zacks Research lowered Green Dot from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Green Dot in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $13.50.

Hedge Funds Weigh In On Green Dot

Hedge funds have recently bought and sold shares of the company. Caxton Associates LLP boosted its holdings in Green Dot by 162.0% during the second quarter. Caxton Associates LLP now owns 29,870 shares of the financial services provider’s stock worth $322,000 after purchasing an additional 18,468 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of Green Dot by 23.1% during the second quarter. Tower Research Capital LLC TRC now owns 6,504 shares of the financial services provider’s stock valued at $70,000 after acquiring an additional 1,221 shares during the last quarter. State of Tennessee Department of Treasury boosted its position in Green Dot by 99.0% in the second quarter. State of Tennessee Department of Treasury now owns 22,966 shares of the financial services provider’s stock worth $248,000 after purchasing an additional 11,423 shares during the last quarter. Topline Capital Management LLC grew its stake in Green Dot by 7.2% in the 2nd quarter. Topline Capital Management LLC now owns 4,965,286 shares of the financial services provider’s stock valued at $53,526,000 after purchasing an additional 331,817 shares during the period. Finally, Bridgeway Capital Management LLC boosted its holdings in shares of Green Dot by 2.5% in the 2nd quarter. Bridgeway Capital Management LLC now owns 338,152 shares of the financial services provider’s stock worth $3,645,000 after buying an additional 8,233 shares during the last quarter. 92.56% of the stock is owned by hedge funds and other institutional investors.

Green Dot Company Profile

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.