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

Green Dot (NYSE:GDOT) posted its quarterly earnings data on Thursday. The financial services provider reported $0.30 earnings per share 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 Stock Down 3.5 %

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

Insider Activity

In related news, insider Topline Capital Management, Ll sold 380,611 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $10.44, for a total value of $3,973,578.84. Following the completion of the transaction, the insider now owns 5,708,126 shares in the company, valued at $59,592,835.44. This trade represents a 6.25 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, major shareholder Topline Capital Partners, Lp sold 331,339 shares of the business’s stock in a transaction dated 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 sale, the insider now owns 5,376,787 shares in the company, valued at approximately $56,671,334.98. The trade was a 5.80 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 959,180 shares of company stock worth $10,071,696 over the last 90 days. 1.10% of the stock is currently owned by corporate insiders.

About Green Dot

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.