Meta Financial Group Inc. (CASH) Sets New 1-Year High at $53.88
Meta Financial Group Inc. (NASDAQ:CASH)’s share price reached a new 52-week high on Monday . The stock traded as high as $53.88 and last traded at $53.28, with a volume of 11,438 shares trading hands. The stock had previously closed at $52.91.
Several equities analysts have recently weighed in on CASH shares. Zacks Investment Research cut Meta Financial Group from a “hold” rating to a “sell” rating in a report on Thursday, April 21st. Keefe, Bruyette & Woods started coverage on Meta Financial Group in a report on Wednesday, April 6th. They set an “outperform” rating and a $55.00 price objective on the stock.
The company’s 50 day moving average is $51.25 and its 200-day moving average is $45.70. The stock has a market cap of $453.94 million and a PE ratio of 15.06.
Meta Financial Group (NASDAQ:CASH) last issued its earnings results on Thursday, April 28th. The company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.07. On average, equities analysts expect that Meta Financial Group Inc. will post $3.77 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, July 1st. Shareholders of record on Tuesday, June 7th were issued a $0.13 dividend. The ex-dividend date was Friday, June 3rd. This represents a $0.52 dividend on an annualized basis and a yield of 0.98%.
In other news, COO Ira Duane Frericks sold 2,469 shares of the stock in a transaction dated Wednesday, May 4th. The stock was sold at an average price of $49.00, for a total value of $120,981.00. Following the completion of the sale, the chief operating officer now owns 1,417 shares of the company’s stock, valued at $69,433. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Troy Moore III sold 5,000 shares of the stock in a transaction dated Tuesday, May 24th. The shares were sold at an average price of $49.87, for a total value of $249,350.00. Following the completion of the sale, the executive vice president now directly owns 15,889 shares of the company’s stock, valued at approximately $792,384.43. The disclosure for this sale can be found here.
A hedge fund recently raised its stake in Meta Financial Group stock. EAM Investors LLC increased its stake in shares of Meta Financial Group Inc. (NASDAQ:CASH) by 0.4% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 40,061 shares of the company’s stock after buying an additional 157 shares during the period. EAM Investors LLC owned approximately 0.47% of Meta Financial Group worth $1,840,000 as of its most recent SEC filing.
Meta Financial Group, Inc is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.