$0.20 EPS Expected for Green Dot Corporation (GDOT)

October 16, 2017 - By Darrin Black


Investors sentiment decreased to 0.91 in 2017 Q2. Its down 0.28, from 1.19 in 2017Q1. It dropped, as 20 investors sold Green Dot Corporation shares while 73 reduced holdings. 37 funds opened positions while 48 raised stakes. 36.72 million shares or 4.96% less from 38.63 million shares in 2017Q1 were reported.
Great West Life Assurance Can has 62,176 shares. Barrow Hanley Mewhinney & Strauss Ltd Liability Corp owns 118,254 shares for 0.01% of their portfolio. Symphony Asset Limited Company holds 0.12% or 27,634 shares in its portfolio. Products Partners holds 49,800 shares. Vanguard Grp Inc invested in 0.01% or 4.09 million shares. Ameriprise Financial stated it has 0% in Green Dot Corporation (NYSE:GDOT). State Of Tennessee Treasury Department, Tennessee-based fund reported 40,651 shares. Bowling Mgmt Ltd accumulated 8,578 shares. Moreover, Friess Associates Ltd Liability has 0.2% invested in Green Dot Corporation (NYSE:GDOT) for 57,103 shares. Thompson Siegel Walmsley Lc owns 547,234 shares. Tiaa Cref Investment Lc reported 0.01% of its portfolio in Green Dot Corporation (NYSE:GDOT). Prelude Management holds 0% or 800 shares. Louisiana State Employees Retirement stated it has 0.03% in Green Dot Corporation (NYSE:GDOT). James Investment Research stated it has 0.09% of its portfolio in Green Dot Corporation (NYSE:GDOT). Paloma Ptnrs holds 0.02% or 44,928 shares in its portfolio.

Since May 1, 2017, it had 0 insider purchases, and 7 insider sales for $6.87 million activity. Archer Kuan also sold $419,433 worth of Green Dot Corporation (NYSE:GDOT) on Monday, May 1. Shifke Mark L sold $180,454 worth of stock.

Wall Street await Green Dot Corporation (NYSE:GDOT) to release earnings on November, 8. Analysts forecast EPS of $0.20, up exactly $0.09 or 81.82 % from 2014’s $0.11 EPS. The expected GDOT’s profit could reach $10.10M giving the stock 66.80 P/E in the case that $0.20 earnings per share is reported. After posting $0.47 EPS for the previous quarter, Green Dot Corporation’s analysts now forecast -57.45 % negative EPS growth. The stock decreased 0.74% or $0.4 on October 13, reaching $53.44. About 328,252 shares traded. Green Dot Corporation (NYSE:GDOT) has risen 53.57% since October 16, 2016 and is uptrending. It has outperformed by 36.87% the S&P500.

Green Dot Corporation (NYSE:GDOT) Ratings Coverage

Among 17 analysts covering Green Dot (NYSE:GDOT), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Green Dot had 34 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Tuesday, September 26 by Northland Capital. As per Tuesday, August 8, the company rating was maintained by Cowen & Co. The stock has “Buy” rating by Guggenheim on Thursday, January 5. On Wednesday, October 11 the stock rating was maintained by Cowen & Co with “Hold”. The company was maintained on Wednesday, August 5 by Compass Point. The company was initiated on Tuesday, January 10 by Loop Capital. Compass Point maintained the stock with “Neutral” rating in Thursday, February 25 report. The rating was upgraded by William Blair to “Buy” on Wednesday, August 9. The firm has “Hold” rating given on Wednesday, October 11 by Lake Street. Citigroup maintained Green Dot Corporation (NYSE:GDOT) on Monday, September 18 with “Buy” rating.

Green Dot Corporation is a pro-consumer financial technology innovator. The company has market cap of $2.70 billion. The Firm is a well-known provider of reloadable prepaid debit cards and cash reload processing services in the United States. It has a 45.98 P/E ratio. The Firm operates through two divisions: Account Services, and Processing and Settlement Services.

More notable recent Green Dot Corporation (NYSE:GDOT) news were published by: Businesswire.com which released: “Green Dot and Harvest Announce Advisory Arrangement” on March 13, 2017, also Zacks.com with their article: “Why the Earnings Streak Will Continue for Green Dot (GDOT) September 18, 2017” published on September 11, 2017, Seekingalpha.com published: “Green Dot’s (GDOT) Steve Streit on Q4 2016 Results - Earnings Call Transcript” on February 23, 2017. More interesting news about Green Dot Corporation (NYSE:GDOT) were released by: Seekingalpha.com and their article: “Green Dot’s (GDOT) CEO Steven Streit on Q2 2017 Results - Earnings Call Transcript” published on August 09, 2017 as well as Seekingalpha.com‘s news article titled: “Green Dot (GDOT) Q3 2016 Results - Earnings Call Transcript” with publication date: November 10, 2016.

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