Pathward Financial, Inc. (CASH) to Issue 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 given a dividend of 0.05 per share by the savings and loans company on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, September 10th.

Pathward Financial has a dividend payout ratio of 2.4% meaning its dividend is sufficiently covered by earnings. Equities 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

Shares of CASH stock opened at $83.68 on Friday. Pathward Financial has a twelve month low of $65.87 and a twelve month high of $101.26. The company has a current ratio of 0.82, a quick ratio of 0.81 and a debt-to-equity ratio of 0.04. The stock has a fifty day simple moving average of $87.16 and a two-hundred day simple moving average of $88.29. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 10.49 and a beta of 0.61.

Pathward Financial (NASDAQ:CASH) last released its quarterly earnings data on Wednesday, July 22nd. The savings and loans company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.58). The firm had revenue of $189.64 million during the quarter, compared to the consensus estimate of $191.18 million. Pathward Financial had a net margin of 21.03% and a return on equity of 20.61%. 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, analysts predict that Pathward Financial will post 7.93 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on CASH. Piper Sandler reissued an “overweight” rating and set a $105.00 price objective (down from $107.00) on shares of Pathward Financial in a report on Thursday, July 23rd. Keefe, Bruyette & Woods dropped their target price on Pathward Financial from $108.00 to $97.00 and set an “outperform” rating on the stock in a research report on Thursday, July 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Pathward Financial in a research report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently 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.