Brokerages expect Meta Financial Group, Inc. (NASDAQ:CASH) to post ($0.29) earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Meta Financial Group’s earnings. The lowest EPS estimate is ($0.33) and the highest is ($0.25). Meta Financial Group reported earnings of $1.03 per share in the same quarter last year, which would suggest a negative year over year growth rate of 128.2%. The business is scheduled to announce its next earnings results on Tuesday, October 24th.

On average, analysts expect that Meta Financial Group will report full-year earnings of $4.34 per share for the current fiscal year, with EPS estimates ranging from $4.27 to $4.40. For the next fiscal year, analysts expect that the company will report earnings of $7.03 per share, with EPS estimates ranging from $6.85 to $7.20. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Meta Financial Group.

A number of analysts recently issued reports on the stock. FBR & Co lowered shares of Meta Financial Group from an “outperform” rating to a “market perform” rating and set a $95.00 target price on the stock. in a research report on Friday, July 28th. Keefe, Bruyette & Woods restated a “buy” rating and set a $121.00 target price on shares of Meta Financial Group in a research report on Thursday, July 27th. BidaskClub upgraded shares of Meta Financial Group from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. ValuEngine lowered shares of Meta Financial Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 26th. Finally, Zacks Investment Research upgraded shares of Meta Financial Group from a “hold” rating to a “buy” rating and set a $97.00 target price on the stock in a research report on Tuesday, June 27th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $104.33.

In other Meta Financial Group news, Chairman J Tyler Haahr sold 5,000 shares of Meta Financial Group stock in a transaction on Wednesday, July 5th. The shares were sold at an average price of $88.96, for a total value of $444,800.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 6.06% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the business. 1st Global Advisors Inc. lifted its holdings in shares of Meta Financial Group by 1.3% during the 2nd quarter. 1st Global Advisors Inc. now owns 2,461 shares of the savings and loans company’s stock valued at $219,000 after acquiring an additional 32 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Meta Financial Group by 1.4% during the 1st quarter. Wells Fargo & Company MN now owns 5,531 shares of the savings and loans company’s stock valued at $490,000 after acquiring an additional 78 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Meta Financial Group by 6.6% during the 2nd quarter. Legal & General Group Plc now owns 2,100 shares of the savings and loans company’s stock valued at $186,000 after acquiring an additional 130 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Meta Financial Group by 0.4% during the 1st quarter. AQR Capital Management LLC now owns 32,982 shares of the savings and loans company’s stock valued at $2,919,000 after acquiring an additional 135 shares in the last quarter. Finally, Teachers Advisors LLC lifted its holdings in shares of Meta Financial Group by 2.1% during the 1st quarter. Teachers Advisors LLC now owns 14,134 shares of the savings and loans company’s stock valued at $1,251,000 after acquiring an additional 297 shares in the last quarter. Institutional investors own 74.23% of the company’s stock.

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Meta Financial Group (NASDAQ:CASH) traded down 1.747% on Friday, reaching $77.325. The company had a trading volume of 78,581 shares. Meta Financial Group has a 52-week low of $59.52 and a 52-week high of $106.90. The stock has a market capitalization of $722.91 million, a PE ratio of 14.256 and a beta of 0.88. The stock has a 50 day moving average price of $72.41 and a 200 day moving average price of $83.77.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 8th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.66%. Meta Financial Group’s dividend payout ratio (DPR) is presently 9.81%.

Meta Financial Group Company Profile

Meta Financial Group, Inc is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank (the Bank). Its segments include Payments, Banking, and Corporate Services/Other. 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.

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Earnings History and Estimates for Meta Financial Group (NASDAQ:CASH)

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