Green Dot (NYSE:GDOT) will release its earnings data 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 Tuesday. 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 has a 1-year low of $26.21 and a 1-year high of $65.88. The firm has a market capitalization of $3,070.00, a PE ratio of 43.80 and a beta of 0.87.
In related news, insider Steven W. Streit sold 7,995 shares of the firm’s stock in a transaction dated Friday, November 24th. The shares were sold at an average price of $63.08, for a total value of $504,324.60. Following the transaction, the insider now owns 176,621 shares of the company’s stock, valued at approximately $11,141,252.68. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Steven W. Streit sold 2,665 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $62.44, for a total transaction of $166,402.60. Following the completion of the transaction, the chief executive officer now directly owns 176,621 shares in the company, valued at approximately $11,028,215.24. The disclosure for this sale can be found here. Insiders have sold a total of 298,521 shares of company stock worth $18,085,514 in the last three months. Insiders own 11.00% of the company’s stock.
A number of brokerages have weighed in on GDOT. Citigroup upgraded Green Dot from a “neutral” rating to a “buy” rating and increased their price target for the stock from $66.00 to $68.00 in a report on Tuesday, February 13th. William Blair reiterated an “outperform” rating on shares of Green Dot in a report on Monday, February 12th. Cowen reiterated a “hold” rating and set a $55.00 price target on shares of Green Dot in a report on Friday, January 12th. Guggenheim reiterated a “buy” rating on shares of Green Dot in a report on Wednesday, January 10th. Finally, Zacks Investment Research downgraded Green Dot from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Seven 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’s stock. The company has a consensus rating of “Buy” and an average target price of $55.69.
About Green Dot
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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