Pathward Financial, Inc. (CASH) to Distribute Quarterly Dividend of $0.05 on October 1st

Pathward Financial, Inc. (NASDAQ:CASH) announced a quarterly dividend on Thursday, August 20th. Stockholders of record on Thursday, September 10th will be paid a dividend of 0.05 per share by the savings and loans company on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, September 10th.

Pathward Financial has a payout ratio of 2.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Pathward Financial to earn $9.63 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 2.1%.

Pathward Financial Price Performance

Pathward Financial stock opened at $83.19 on Tuesday. The company has a fifty day simple moving average of $86.75 and a 200-day simple moving average of $87.51. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 10.42 and a beta of 0.60. The company has a quick ratio of 0.81, a current ratio of 0.82 and a debt-to-equity ratio of 0.04. Pathward Financial has a 52-week low of $65.87 and a 52-week high of $101.26.

Pathward Financial (NASDAQ:CASH) last announced its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.95 by ($0.58). Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. The business had revenue of $189.64 million for the quarter, compared to analysts’ expectations of $191.18 million. Pathward Financial has set its FY 2027 guidance at 9.500-10.000 EPS and its FY 2026 guidance at 7.800-8.200 EPS. On average, equities analysts anticipate that Pathward Financial will post 7.93 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Pathward Financial in a research report on Wednesday, August 5th. Piper Sandler reaffirmed an “overweight” rating and set a $105.00 price target (down from $107.00) on shares of Pathward Financial in a research report on Thursday, July 23rd. Finally, Keefe, Bruyette & Woods decreased their price objective on Pathward Financial from $108.00 to $97.00 and set an “outperform” rating for the company in a report on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $101.00.

Pathward Financial Company Profile

Pathward Financial (NASDAQ:CASH) is a U.S.-based financial services company that operates through its wholly owned subsidiary, Pathward Bank. The company provides a range of banking and payment solutions designed for consumers, small businesses, community banks and fintech partners. Core offerings include deposit accounts, consumer and commercial lending, debit and prepaid card programs, digital banking platforms and treasury management services.

Through its banking charter, Pathward Financial delivers customizable payment solutions, including prepaid cards, payroll cards and benefit disbursement programs.