Green Dot (GDOT) to Release Quarterly Earnings on Wednesday

Green Dot (NYSE:GDOT) is set to issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.25 per share for the quarter.

Green Dot (GDOT) opened at $59.21 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $2,855.58, a P/E ratio of 42.91 and a beta of 0.87. Green Dot has a 1 year low of $26.21 and a 1 year high of $65.88.

In other news, insider Steven W. Streit sold 20,490 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $59.96, for a total transaction of $1,228,580.40. Following the sale, the insider now directly owns 176,621 shares in the company, valued at $10,590,195.16. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Steven W. Streit sold 7,995 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $62.08, for a total value of $496,329.60. Following the sale, the insider now owns 176,621 shares in the company, valued at $10,964,631.68. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 296,824 shares of company stock worth $18,090,759. 11.00% of the stock is currently owned by company insiders.

GDOT has been the topic of several recent analyst reports. BTIG Research raised Green Dot from a “neutral” rating to a “buy” rating and set a $65.00 price target on the stock in a research report on Wednesday, November 8th. Deutsche Bank lifted their price target on Green Dot from $42.00 to $54.00 and gave the stock a “hold” rating in a research report on Wednesday, November 8th. Cowen reaffirmed a “hold” rating and issued a $52.00 price target on shares of Green Dot in a research report on Friday, November 10th. Citigroup cut Green Dot from a “buy” rating to a “neutral” rating and set a $66.00 price objective on the stock. in a research report on Monday, November 13th. Finally, Zacks Investment Research upgraded Green Dot from a “hold” rating to a “buy” rating and set a $71.00 price objective on the stock in a research report on Monday, November 13th. Seven analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $55.69.

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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.

Earnings History for Green Dot (NYSE:GDOT)

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