Green Dot (NYSE:GDOT) will be posting its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect Green Dot to post earnings of $0.25 per share for the quarter.
Shares of Green Dot (GDOT) opened at $60.44 on Monday. Green Dot has a twelve month low of $26.21 and a twelve month high of $65.88. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.09. The firm has a market cap of $3,071.56, a P/E ratio of 43.80 and a beta of 0.87.
A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Green Dot from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Cowen reaffirmed a “hold” rating and set a $55.00 price target on shares of Green Dot in a report on Friday, January 12th. Deutsche Bank upped their price target on shares of Green Dot from $42.00 to $54.00 and gave the stock a “hold” rating in a report on Wednesday, November 8th. BTIG Research raised shares of Green Dot from a “neutral” rating to a “buy” rating and set a $65.00 price target for the company in a report on Wednesday, November 8th. Finally, ValuEngine downgraded shares of Green Dot from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Seven investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $55.69.
In related news, CFO Mark L. Shifke sold 6,500 shares of the stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $55.96, for a total value of $363,740.00. Following the completion of the transaction, the chief financial officer now owns 713,333 shares of the company’s stock, valued at approximately $39,918,114.68. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Steven W. Streit sold 2,665 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $62.73, for a total transaction of $167,175.45. Following the completion of the transaction, the chief executive officer now directly owns 176,621 shares of the company’s stock, valued at approximately $11,079,435.33. The disclosure for this sale can be found here. In the last three months, insiders sold 298,521 shares of company stock valued at $18,085,514. 11.00% of the stock is owned by insiders.
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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.
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