Press coverage about Green Dot (NYSE:GDOT) has trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Green Dot earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.6225002127536 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Green Dot (NYSE GDOT) traded up $0.88 on Friday, reaching $61.21. 437,800 shares of the company’s stock traded hands, compared to its average volume of 355,405. Green Dot has a 1-year low of $23.39 and a 1-year high of $65.88. The firm has a market capitalization of $3,090.00, a P/E ratio of 35.34 and a beta of 0.96. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.09.
Green Dot (NYSE:GDOT) last announced its quarterly earnings data on Tuesday, November 7th. The financial services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.20 by $0.14. Green Dot had a net margin of 8.61% and a return on equity of 12.55%. The business had revenue of $201.60 million during the quarter, compared to the consensus estimate of $191.33 million. During the same period in the previous year, the business earned $0.21 earnings per share. The company’s revenue was up 30.5% on a year-over-year basis. equities analysts expect that Green Dot will post 1.71 earnings per share for the current year.
GDOT has been the subject of a number of analyst reports. BidaskClub downgraded shares of Green Dot from a “strong-buy” rating to a “buy” rating in a research report on Thursday, September 14th. ValuEngine downgraded shares of Green Dot from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Citigroup lifted their price target on shares of Green Dot from $48.00 to $54.00 and gave the company a “buy” rating in a research report on Monday, September 18th. Deutsche Bank lifted their price target on shares of Green Dot from $42.00 to $54.00 and gave the company a “hold” rating in a research report on Wednesday, November 8th. Finally, Jefferies Group reiterated a “buy” rating and issued a $53.00 price target on shares of Green Dot in a research report on Thursday, October 12th. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $53.36.
In other Green Dot news, insider Steven W. Streit sold 7,995 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $47.58, for a total transaction of $380,402.10. Following the completion of the transaction, the insider now directly owns 217,010 shares in the company, valued at $10,325,335.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Steven W. Streit sold 2,665 shares of the business’s stock in a transaction that occurred on Tuesday, October 17th. The shares were sold at an average price of $53.91, for a total transaction of $143,670.15. Following the transaction, the chief executive officer now owns 176,621 shares of the company’s stock, valued at $9,521,638.11. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 195,076 shares of company stock valued at $11,211,887. 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.
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