Green Dot (NYSE:GDOT) Getting Somewhat Positive News Coverage, Analysis Finds

Media headlines about Green Dot (NYSE:GDOT) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Green Dot earned a coverage optimism score of 0.17 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 44.9649674789281 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:

GDOT has been the topic of a number of research reports. Cowen reiterated a “hold” rating on shares of Green Dot in a report on Thursday, August 10th. BidaskClub upgraded Green Dot from a “hold” rating to a “buy” rating in a report on Friday, August 11th. Lake Street Capital upgraded Green Dot from a “hold” rating to a “buy” rating and raised their price objective for the company from $41.00 to $44.00 in a research note on Wednesday, August 9th. Deutsche Bank raised their price objective on Green Dot from $37.00 to $42.00 and gave the company a “hold” rating in a research note on Wednesday, August 9th. Finally, ValuEngine lowered Green Dot from a “buy” rating to a “hold” rating in a research note on Friday. Seven investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Green Dot has an average rating of “Buy” and a consensus target price of $53.36.

Shares of Green Dot (GDOT) opened at $61.27 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market capitalization of $3,110.00, a price-to-earnings ratio of 36.14 and a beta of 0.91. Green Dot has a 12 month low of $23.39 and a 12 month high of $65.88.

Green Dot (NYSE:GDOT) last posted its quarterly earnings data on Tuesday, November 7th. The financial services provider reported $0.34 EPS for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.14. Green Dot had a return on equity of 12.55% and a net margin of 8.61%. The company had revenue of $201.60 million for the quarter, compared to the consensus estimate of $191.33 million. During the same quarter in the previous year, the business earned $0.21 EPS. The company’s quarterly revenue was up 30.5% compared to the same quarter last year. equities research analysts expect that Green Dot will post 1.71 earnings per share for the current fiscal year.

In other news, CEO Steven W. Streit sold 2,665 shares of Green Dot stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $62.44, for a total transaction of $166,402.60. Following the transaction, the chief executive officer now owns 176,621 shares in the company, valued at $11,028,215.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Kuan Archer sold 18,000 shares of Green Dot stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $61.67, for a total value of $1,110,060.00. Following the transaction, the chief operating officer now owns 106,450 shares in the company, valued at approximately $6,564,771.50. The disclosure for this sale can be found here. Insiders sold a total of 175,751 shares of company stock worth $9,957,097 in the last three months. Company insiders own 11.00% of the company’s stock.

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Green Dot Company Profile

Green Dot Corporation (Green Dot) is a pro-consumer financial technology innovator. The Company is a provider of reloadable prepaid debit cards and cash reload processing services in the United States. The Company operates through two segments: Account Services, and Processing and Settlement Services.

Insider Buying and Selling by Quarter for Green Dot (NYSE:GDOT)

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