Equities research analysts expect Green Dot Co. (NYSE:GDOT) to report earnings of $0.25 per share for the current quarter, according to Zacks. Seven analysts have made estimates for Green Dot’s earnings. The lowest EPS estimate is $0.22 and the highest is $0.28. Green Dot reported earnings per share of $0.19 in the same quarter last year, which would indicate a positive year over year growth rate of 31.6%. The company is scheduled to report its next quarterly earnings results on Wednesday, February 28th.

On average, analysts expect that Green Dot will report full-year earnings of $2.13 per share for the current fiscal year, with EPS estimates ranging from $2.11 to $2.17. For the next financial year, analysts expect that the firm will post earnings of $2.56 per share, with EPS estimates ranging from $2.45 to $2.94. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Green Dot.

Green Dot (NYSE:GDOT) last issued its quarterly earnings results on Tuesday, November 7th. The financial services provider reported $0.34 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.14. Green Dot had a return on equity of 12.55% and a net margin of 8.61%. The company had revenue of $201.60 million for the quarter, compared to the consensus estimate of $191.33 million. During the same quarter in the prior year, the business earned $0.21 EPS. Green Dot’s revenue was up 30.5% on a year-over-year basis.

A number of research firms have recently commented on GDOT. Guggenheim reiterated a “buy” rating on shares of Green Dot in a report on Wednesday, January 10th. ValuEngine downgraded Green Dot from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Cowen reiterated a “hold” rating and issued a $55.00 price objective on shares of Green Dot in a report on Friday, January 12th. Zacks Investment Research downgraded Green Dot from a “buy” rating to a “hold” rating in a report on Tuesday, January 9th. Finally, Northland Securities reiterated an “outperform” rating and issued a $55.00 price objective (up previously from $47.00) on shares of Green Dot in a report on Tuesday, September 26th. Eight investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $55.54.

In related news, CEO Steven W. Streit sold 2,665 shares of the company’s stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $55.68, for a total value of $148,387.20. Following the completion of the sale, the chief executive officer now directly owns 176,621 shares of the company’s stock, valued at approximately $9,834,257.28. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Steven W. Streit sold 7,995 shares of the company’s stock in a transaction dated Thursday, October 19th. The shares were sold at an average price of $53.82, for a total value of $430,290.90. Following the completion of the sale, the insider now directly owns 176,621 shares of the company’s stock, valued at $9,505,742.22. The disclosure for this sale can be found here. Over the last three months, insiders sold 284,876 shares of company stock valued at $17,272,116. Insiders own 11.00% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. boosted its position in shares of Green Dot by 13.3% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 4,013 shares of the financial services provider’s stock valued at $155,000 after purchasing an additional 472 shares during the period. Riverhead Capital Management LLC boosted its position in shares of Green Dot by 55.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,029 shares of the financial services provider’s stock valued at $155,000 after purchasing an additional 1,429 shares during the period. Shelton Capital Management acquired a new stake in Green Dot during the 3rd quarter worth approximately $210,000. Brown Advisory Inc. acquired a new stake in Green Dot during the 3rd quarter worth approximately $229,000. Finally, Quantbot Technologies LP lifted its position in Green Dot by 212.7% during the 3rd quarter. Quantbot Technologies LP now owns 4,866 shares of the financial services provider’s stock worth $241,000 after acquiring an additional 3,310 shares during the period. 78.66% of the stock is owned by hedge funds and other institutional investors.

Green Dot (GDOT) opened at $60.21 on Wednesday. Green Dot has a 1-year low of $25.08 and a 1-year high of $65.88. The company has a market capitalization of $3,131.02, a PE ratio of 43.63 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.96 and a quick ratio of 0.96.

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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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