Wall Street analysts expect Meta Financial Group Inc. (NASDAQ:CASH) to report $54.48 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Meta Financial Group’s earnings, with the lowest sales estimate coming in at $53.92 million and the highest estimate coming in at $55.03 million. Meta Financial Group reported sales of $39.18 million during the same quarter last year, which indicates a positive year-over-year growth rate of 39.1%. The company is expected to announce its next quarterly earnings report on Monday, January 29th.

According to Zacks, analysts expect that Meta Financial Group will report full-year sales of $54.48 million for the current year, with estimates ranging from $302.88 million to $334.79 million. For the next fiscal year, analysts expect that the company will post sales of $361.22 million per share, with estimates ranging from $338.68 million to $383.75 million. Zacks’ sales calculations are a mean average based on a survey of analysts that cover Meta Financial Group.

A number of research analysts recently weighed in on CASH shares. Zacks Investment Research lowered shares of Meta Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 15th. B. Riley raised shares of Meta Financial Group from a “neutral” rating to a “buy” rating and set a $95.00 price target on the stock in a research note on Wednesday, November 1st. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $88.00 price target on shares of Meta Financial Group in a research note on Thursday, October 12th. FBR & Co reaffirmed a “hold” rating and issued a $95.00 price target on shares of Meta Financial Group in a research note on Wednesday, October 11th. Finally, ValuEngine lowered shares of Meta Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, August 24th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $95.75.

In other Meta Financial Group news, Director Frederick V. Moore bought 1,393 shares of the firm’s stock in a transaction on Wednesday, September 20th. The shares were acquired at an average cost of $71.70 per share, with a total value of $99,878.10. Following the purchase, the director now directly owns 100 shares of the company’s stock, valued at approximately $7,170. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Frederick V. Moore sold 450 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The stock was sold at an average price of $71.75, for a total transaction of $32,287.50. Following the completion of the transaction, the director now directly owns 100 shares in the company, valued at $7,175. The disclosure for this sale can be found here. Company insiders own 5.40% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. 1st Global Advisors Inc. lifted its stake in Meta Financial Group by 1.3% in the 2nd quarter. 1st Global Advisors Inc. now owns 2,461 shares of the savings and loans company’s stock worth $219,000 after purchasing an additional 32 shares in the last quarter. Legal & General Group Plc lifted its stake in Meta Financial Group by 6.6% in the 2nd quarter. Legal & General Group Plc now owns 2,100 shares of the savings and loans company’s stock worth $186,000 after purchasing an additional 130 shares in the last quarter. Teachers Advisors LLC lifted its stake in Meta Financial Group by 2.1% in the 1st quarter. Teachers Advisors LLC now owns 14,134 shares of the savings and loans company’s stock worth $1,251,000 after purchasing an additional 297 shares in the last quarter. Voya Investment Management LLC lifted its stake in Meta Financial Group by 8.2% in the 2nd quarter. Voya Investment Management LLC now owns 4,699 shares of the savings and loans company’s stock worth $418,000 after purchasing an additional 356 shares in the last quarter. Finally, Strs Ohio lifted its stake in Meta Financial Group by 4.7% in the 2nd quarter. Strs Ohio now owns 9,000 shares of the savings and loans company’s stock worth $801,000 after purchasing an additional 400 shares in the last quarter. 76.89% of the stock is currently owned by institutional investors and hedge funds.

Meta Financial Group (NASDAQ:CASH) opened at $91.90 on Thursday. The firm has a market cap of $903.81, a PE ratio of 13.03 and a beta of 0.90. Meta Financial Group has a 12 month low of $60.70 and a 12 month high of $106.90. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.20.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Friday, December 8th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend is Thursday, December 7th. Meta Financial Group’s dividend payout ratio (DPR) is 10.83%.

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Meta Financial Group Company Profile

Meta Financial Group, Inc is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank (the Bank). Its segments include Payments, Banking, and Corporate Services/Other. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis.

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Earnings History and Estimates for Meta Financial Group (NASDAQ:CASH)

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