Pathward Financial (NASDAQ:CASH) Reaches New 1-Year High – What’s Next?

Shares of Pathward Financial, Inc. (NASDAQ:CASH) hit a new 52-week high on Wednesday . The stock traded as high as $93.08 and last traded at $91.14, with a volume of 320751 shares changing hands. The stock had previously closed at $91.08.

Wall Street Analysts Forecast Growth

CASH has been the topic of several recent research reports. Keefe, Bruyette & Woods upgraded Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research report on Friday, January 23rd. Wall Street Zen downgraded shares of Pathward Financial from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, January 26th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Pathward Financial has an average rating of “Buy” and a consensus target price of $97.00.

Pathward Financial Trading Up 0.1%

The company’s fifty day simple moving average is $76.18 and its 200-day simple moving average is $74.82. The firm has a market capitalization of $2.02 billion, a PE ratio of 11.14 and a beta of 0.75. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.79.

Pathward Financial (NASDAQ:CASH) last released its earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.19. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The business had revenue of $173.10 million during the quarter, compared to analysts’ expectations of $185.80 million. During the same quarter in the previous year, the company earned $1.29 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. As a group, sell-side analysts expect that Pathward Financial, Inc. will post 7.26 earnings per share for the current fiscal year.

Pathward Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 10th were paid a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 0.2%. The ex-dividend date was Wednesday, December 10th. Pathward Financial’s payout ratio is 2.44%.

Institutional Trading of Pathward Financial

A number of institutional investors have recently made changes to their positions in the company. Bessemer Group Inc. increased its position in shares of Pathward Financial by 647.8% during the second quarter. Bessemer Group Inc. now owns 344 shares of the savings and loans company’s stock worth $27,000 after purchasing an additional 298 shares in the last quarter. Hughes Financial Services LLC purchased a new position in Pathward Financial in the 2nd quarter valued at $30,000. EverSource Wealth Advisors LLC boosted its stake in Pathward Financial by 43,200.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after purchasing an additional 432 shares during the last quarter. State of Wyoming acquired a new stake in Pathward Financial during the 2nd quarter worth $46,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Pathward Financial by 10.6% during the third quarter. PNC Financial Services Group Inc. now owns 2,281 shares of the savings and loans company’s stock worth $169,000 after buying an additional 218 shares in the last quarter. 92.66% of the stock is owned by institutional investors and hedge funds.

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.