Green Dot (GDOT) Receives Coverage Optimism Score of 0.01

News stories about Green Dot (NYSE:GDOT) have trended somewhat positive recently, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Green Dot earned a news impact score of 0.01 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 44.7797822058563 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several equities research analysts have recently commented on GDOT shares. ValuEngine upgraded Green Dot from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Zacks Investment Research upgraded Green Dot from a “hold” rating to a “buy” rating and set a $74.00 price target for the company in a report on Tuesday, February 27th. Guggenheim reiterated a “buy” rating and set a $76.00 price target on shares of Green Dot in a report on Monday, February 26th. Citigroup reiterated a “buy” rating on shares of Green Dot in a report on Monday, March 26th. Finally, Craig Hallum upped their price target on Green Dot from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, May 10th. Eight research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $63.64.

Green Dot opened at $77.11 on Friday, MarketBeat reports. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.05 and a current ratio of 1.05. Green Dot has a 1-year low of $37.81 and a 1-year high of $79.12. The firm has a market capitalization of $4.03 billion, a price-to-earnings ratio of 48.80 and a beta of 0.76.

Green Dot (NYSE:GDOT) last posted its quarterly earnings data on Wednesday, May 9th. The financial services provider reported $1.40 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.29 by $0.11. Green Dot had a return on equity of 14.21% and a net margin of 12.10%. The business had revenue of $315.00 million for the quarter, compared to analysts’ expectations of $297.25 million. During the same quarter in the previous year, the firm earned $1.00 earnings per share. The business’s revenue was up 24.5% on a year-over-year basis. research analysts predict that Green Dot will post 2.39 earnings per share for the current year.

In other Green Dot news, CAO Jess Unruh sold 5,665 shares of the business’s stock in a transaction on Thursday, May 10th. The stock was sold at an average price of $70.00, for a total value of $396,550.00. Following the transaction, the chief accounting officer now owns 109,037 shares of the company’s stock, valued at $7,632,590. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Steven W. Streit sold 12,495 shares of the business’s stock in a transaction on Thursday, March 29th. The stock was sold at an average price of $64.75, for a total value of $809,051.25. Following the completion of the transaction, the insider now directly owns 285,958 shares in the company, valued at approximately $18,515,780.50. The disclosure for this sale can be found here. In the last three months, insiders sold 537,521 shares of company stock worth $36,572,233. Insiders own 11.00% of the company’s stock.

Green Dot Company Profile

Green Dot Corporation, together with its subsidiaries, operates as a pro-consumer bank holding company that provides personal banking for the masses. It operates through two segments, Account Services and Processing, and Settlement Services. The company offers deposit as account programs, such reloadable prepaid debit cards under the consumer brand names of GPR cards, consumer checking accounts, small business checking accounts, network-branded gift cards, secured credit cards, and other financial services.

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

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