Green Dot (NYSE:GDOT) Posts Quarterly Earnings Results, Misses Estimates By $0.08 EPS

Green Dot (NYSE:GDOT) announced its quarterly earnings results on Thursday. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.08), Zacks reports. Green Dot had a positive return on equity of 3.84% and a negative net margin of 3.39%. Green Dot updated its FY 2025 guidance to 1.050-1.200 EPS.

Green Dot Price Performance

Shares of NYSE:GDOT traded down $0.30 during trading on Thursday, reaching $8.19. 423,500 shares of the company’s stock traded hands, compared to its average volume of 455,500. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.05. Green Dot has a fifty-two week low of $7.70 and a fifty-two week high of $13.58. The company has a 50-day simple moving average of $9.34 and a 200-day simple moving average of $10.53. The firm has a market cap of $440.25 million, a PE ratio of -7.80 and a beta of 0.90.

Insider Buying and Selling

In related news, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the business’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $10.54, for a total value of $3,492,313.06. Following the completion of the sale, the insider now owns 5,376,787 shares of the company’s stock, valued at approximately $56,671,334.98. The trade was a 5.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Topline Capital Management, Ll sold 380,611 shares of the stock in a transaction on Monday, December 30th. The shares were sold at an average price of $10.44, for a total transaction of $3,973,578.84. Following the transaction, the insider now directly owns 5,708,126 shares in the company, valued at approximately $59,592,835.44. The trade was a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 959,180 shares of company stock valued at $10,071,696. 1.10% of the stock is owned by company insiders.

Green Dot Company Profile

Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.