Green Dot Corporation (NYSE:GDOT) Earns News Sentiment Score of 0.26
Headlines about Green Dot Corporation (NYSE:GDOT) have been trending positive on Saturday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Green Dot Corporation earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.5246727339562 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- IHS Markit Score upgrades Green Dot Corp to 40 out of 100, ranking positively in two out of four IHS Markit categories. (finance.yahoo.com)
- Zooming in on the Numbers for Green Dot Corporation (NYSE:GDOT) (newstrendstoday.com)
- Stock on most active line: Green Dot Corporation (GDOT) (campdesrecrues.com)
- Earnings On Deck For Green Dot Corporation (expressnewsline.com)
- Green Dot Corp. (GDOT) Jumped To A New High On Q2 Earnings (rttnews.com)
Several analysts have recently commented on the stock. Cowen and Company reaffirmed a “hold” rating on shares of Green Dot Corporation in a report on Thursday. BidaskClub raised shares of Green Dot Corporation from a “hold” rating to a “buy” rating in a report on Friday. Zacks Investment Research raised shares of Green Dot Corporation from a “hold” rating to a “buy” rating and set a $44.00 price objective on the stock in a report on Wednesday, July 12th. Lake Street Capital raised shares of Green Dot Corporation from a “hold” rating to a “buy” rating and upped their price objective for the company from $41.00 to $44.00 in a report on Wednesday. Finally, William Blair raised shares of Green Dot Corporation from a “market perform” rating to an “outperform” rating in a report on Wednesday. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $40.44.
Green Dot Corporation (NYSE:GDOT) traded down 3.03% during mid-day trading on Friday, hitting $44.88. 623,019 shares of the stock traded hands. The company has a 50 day moving average of $40.09 and a 200-day moving average of $34.67. Green Dot Corporation has a 12-month low of $21.45 and a 12-month high of $46.88. The stock has a market cap of $2.26 billion, a PE ratio of 38.16 and a beta of 1.06.
Green Dot Corporation (NYSE:GDOT) last announced its earnings results on Tuesday, August 8th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.16. The business had revenue of $222.50 million for the quarter, compared to analyst estimates of $208.59 million. Green Dot Corporation had a net margin of 7.66% and a return on equity of 12.13%. The company’s revenue for the quarter was up 28.2% compared to the same quarter last year. During the same period last year, the firm posted $0.27 earnings per share. Equities research analysts forecast that Green Dot Corporation will post $2.05 earnings per share for the current year.
In related news, General Counsel John C. Ricci sold 3,686 shares of Green Dot Corporation stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $35.97, for a total value of $132,585.42. Following the transaction, the general counsel now directly owns 90,032 shares in the company, valued at approximately $3,238,451.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, General Counsel John C. Ricci sold 15,043 shares of Green Dot Corporation stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $36.12, for a total transaction of $543,353.16. Following the completion of the transaction, the general counsel now owns 90,032 shares in the company, valued at $3,251,955.84. The disclosure for this sale can be found here. Over the last quarter, insiders sold 190,287 shares of company stock worth $7,067,076. 11.00% of the stock is currently owned by insiders.
Green Dot Corporation Company Profile
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.
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