Keefe, Bruyette & Woods Cuts Pathward Financial (NASDAQ:CASH) Price Target to $97.00

Pathward Financial (NASDAQ:CASH) had its price target decreased by Keefe, Bruyette & Woods from $108.00 to $97.00 in a research report sent to investors on Thursday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the savings and loans company’s stock.

Separately, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a report on Friday, May 8th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Pathward Financial currently has a consensus rating of “Buy” and a consensus target price of $101.00.

Pathward Financial Price Performance

Shares of CASH opened at $85.90 on Thursday. The firm has a market cap of $1.81 billion, a PE ratio of 10.76 and a beta of 0.60. The company has a current ratio of 0.82, a quick ratio of 0.80 and a debt-to-equity ratio of 0.04. The firm has a fifty day simple moving average of $85.02 and a two-hundred day simple moving average of $87.13. Pathward Financial has a 1-year low of $65.87 and a 1-year high of $101.26.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings results on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.58). Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. The firm had revenue of $189.64 million for the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. On average, equities analysts anticipate that Pathward Financial will post 7.93 EPS for the current year.

Pathward Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th were given a $0.05 dividend. The ex-dividend date was Thursday, June 11th. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. Pathward Financial’s dividend payout ratio is presently 2.51%.

Insider Transactions at Pathward Financial

In other news, Director Douglas J. Hajek sold 5,000 shares of Pathward Financial stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $86.37, for a total transaction of $431,850.00. Following the transaction, the director directly owned 12,281 shares of the company’s stock, valued at $1,060,709.97. The trade was a 28.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Elizabeth G. Hoople sold 4,500 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were 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 approximately $2,308,234.50. This trade represents a 13.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.43% of the stock is owned by insiders.

Institutional Trading of Pathward Financial

Institutional investors and hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its holdings in Pathward Financial by 19.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 159,673 shares of the savings and loans company’s stock worth $11,476,000 after buying an additional 26,446 shares during the period. Comerica Bank lifted its position in shares of Pathward Financial by 371.2% in the fourth quarter. Comerica Bank now owns 295,999 shares of the savings and loans company’s stock valued at $21,016,000 after acquiring an additional 233,177 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in shares of Pathward Financial in the fourth quarter valued at about $267,437,000. UBS Group AG boosted its stake in shares of Pathward Financial by 17.5% in the fourth quarter. UBS Group AG now owns 93,495 shares of the savings and loans company’s stock worth $6,638,000 after acquiring an additional 13,954 shares during the period. Finally, Horizon Investments LLC purchased a new stake in shares of Pathward Financial during the fourth quarter worth about $603,000. 92.66% of the stock is currently owned by institutional investors.

Pathward Financial News Roundup

Here are the key news stories impacting Pathward Financial this week:

• Positive Sentiment: Pathward issued FY2027 EPS guidance of $9.50 to $10.00 and reiterated a solid longer-term outlook, which helped offset some of the disappointment from the quarter. Article Title
• Positive Sentiment: Piper Sandler reaffirmed an overweight rating and set a $105 price target, suggesting analysts still see upside from current levels. Article Title
• Positive Sentiment: Keefe, Bruyette & Woods also kept an outperform rating, with a $97 price target, indicating the selloff may have created some value. Article Title
• Neutral Sentiment: Management’s earnings call and presentation focused on quarterly results and outlook, but there was no major new strategic announcement. Article Title
• Negative Sentiment: Pathward reported EPS of $1.37, far below the $1.95 consensus estimate, and revenue also missed expectations, triggering a sharp negative reaction in the stock. Article Title
• Negative Sentiment: The company disclosed a $34 million commercial finance provision, which raised concerns about credit quality and pressured sentiment further. Article Title
• Negative Sentiment: Block & Leviton announced a securities-fraud investigation into Pathward Financial, adding an additional legal overhang for investors. Article Title
• Negative Sentiment: A Seeking Alpha piece highlighted rising credit concerns tied to Pathward’s renewable energy exposure, which may be contributing to the stock’s weakness. Article Title

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.