Pathward Financial, Inc. (NASDAQ:CASH) Short Interest Update

Pathward Financial, Inc. (NASDAQ:CASH) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,911,209 shares, an increase of 19.0% from the February 12th total of 1,605,933 shares. Approximately 8.9% of the company’s stock are short sold. Based on an average daily trading volume, of 281,191 shares, the days-to-cover ratio is currently 6.8 days. Based on an average daily trading volume, of 281,191 shares, the days-to-cover ratio is currently 6.8 days. Approximately 8.9% of the company’s stock are short sold.

Insider Buying and Selling at Pathward Financial

In other news, CEO Brett L. Pharr sold 15,641 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $93.88, for a total transaction of $1,468,377.08. Following the completion of the sale, the chief executive officer owned 78,261 shares of the company’s stock, valued at approximately $7,347,142.68. This trade represents a 16.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.43% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CASH. EverSource Wealth Advisors LLC grew its stake in Pathward Financial by 43,200.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 433 shares of the savings and loans company’s stock worth $34,000 after buying an additional 432 shares during the last quarter. State of Wyoming bought a new stake in Pathward Financial in the second quarter valued at $46,000. Smartleaf Asset Management LLC lifted its stake in Pathward Financial by 23.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 630 shares of the savings and loans company’s stock valued at $45,000 after buying an additional 118 shares during the last quarter. New Age Alpha Advisors LLC acquired a new position in shares of Pathward Financial during the fourth quarter valued at $77,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Pathward Financial during the fourth quarter valued at $88,000. Institutional investors and hedge funds own 92.66% of the company’s stock.

Pathward Financial Stock Performance

Shares of CASH opened at $91.17 on Monday. The stock has a market capitalization of $1.98 billion, a PE ratio of 11.15 and a beta of 0.74. The business’s fifty day moving average price is $86.61 and its 200 day moving average price is $77.79. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.81 and a quick ratio of 0.79. Pathward Financial has a 12-month low of $64.45 and a 12-month high of $96.06.

Pathward Financial (NASDAQ:CASH) last released its earnings results on Thursday, January 22nd. The savings and loans company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.19. The firm had revenue of $173.10 million during the quarter, compared to analyst estimates of $185.80 million. Pathward Financial had a net margin of 22.95% and a return on equity of 22.76%. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.29 earnings per share. Pathward Financial has set its FY 2026 guidance at 8.550-9.050 EPS. Equities research analysts forecast that Pathward Financial will post 7.26 EPS for the current year.

Pathward Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Thursday, March 12th. Pathward Financial’s payout ratio is presently 2.44%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CASH. Wall Street Zen downgraded shares of Pathward Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings upgraded shares of Pathward Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, January 26th. Keefe, Bruyette & Woods raised shares of Pathward Financial from a “market perform” rating to an “outperform” rating and set a $100.00 price target on the stock in a research report on Friday, January 23rd. Finally, Piper Sandler assumed coverage on Pathward Financial in a report on Thursday. They issued an “overweight” rating and a $107.00 price objective for the company. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $103.50.

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.