GDOT - Green Dot Corporation

NYSE - NYSE Delayed Price. Currency in USD
27.48
-0.40 (-1.43%)
At close: 4:02PM EDT
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Previous Close27.88
Open27.63
Bid22.00 x 4000
Ask0.00 x 1000
Day's Range27.03 - 27.73
52 Week Range24.19 - 93.00
Volume617,066
Avg. Volume823,512
Market Cap1.424B
Beta (3Y Monthly)1.34
PE Ratio (TTM)12.73
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Why Is Green Dot (GDOT) Up 4.2% Since Last Earnings Report?
    Zacks

    Why Is Green Dot (GDOT) Up 4.2% Since Last Earnings Report?

    Green Dot (GDOT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Barrons.com

    Green Dot Stock Is Down 63% This Year. One Bull Has Seen Enough.

    Share of the financial-services company have slid dramatically after two guidance cuts this year and Jefferies analyst John Hecht has seen enough. He cut the stock to Hold from Buy.

  • Does Green Dot Corporation's (NYSE:GDOT) CEO Pay Matter?
    Simply Wall St.

    Does Green Dot Corporation's (NYSE:GDOT) CEO Pay Matter?

    In 2001 Steve Streit was appointed CEO of Green Dot Corporation (NYSE:GDOT). First, this article will compare CEO...

  • Here's Why Investors Should Hold Green Dot (GDOT) Stock Now
    Zacks

    Here's Why Investors Should Hold Green Dot (GDOT) Stock Now

    Launch of new products and BaaS programs are expected to accelerate Green Dot's (GDOT) active account and revenue growth in 2020.

  • 3 Top Fintech Stocks to Buy Right Now
    Motley Fool

    3 Top Fintech Stocks to Buy Right Now

    The recent market turbulence has led to some attractive bargains in the financial sector

  • Thomson Reuters StreetEvents

    Edited Transcript of GDOT earnings conference call or presentation 7-Aug-19 9:00pm GMT

    Q2 2019 Green Dot Corp Earnings Call

  • 3 Under the Radar Fintech Stocks to Buy
    TipRanks

    3 Under the Radar Fintech Stocks to Buy

    It’s no question that the fintech segment is a disruptive space within the market, transforming the way financial services activities such as banking, lending and credit cards are performed using computer programs and other technologies. The Global X FinTech ETF has been able to outpace the rest of the market with 30% growth year-to-date vs the S&P 500’s 16% gain. With noncash transactions expected to surpass $1 trillion in 2023, the space appears to only be getting bigger. Typically, a few large players like Visa (V), MasterCard (MA) and Square (SQ) come to mind when investors think of fintech stocks. That being said, there are lesser known fintech stocks that analysts believe make compelling investments. Let’s take a closer look at 3 under the radar fintech stocks garnering support from Wall Street analysts. BlackLine Inc. (BL)This fintech stock goes head to head with Oracle (ORCL) and has Gartner ranking it as a leader in “financial close solutions”. BlackLine’s innovative software-as-a-service (SaaS) platform automatically processes data, giving firms the ability to track ongoing operations in real-time. This saves time and resources by eliminates the need to have someone perform tedious accounting tasks manually.Companies of all sizes are recognizing BL’s potential. In its most recent quarter, BL added 106 new customers with the total number now reaching 2,813. Not to mention its revenue surged 26% year-over-year, helping the company make strides towards profitability.“Q2 was a good quarter driven by strong demand for our solution and a record number of large deals. BlackLine continues to be selected as the strategic partner of choice among organizations undergoing large, financial transformation projects. With this as our foundation, we will continue to focus on driving growth and delivering value to our customers.” CEO Therese Tucker said on August 1. The good news doesn’t end there, with BlackLine announcing a new tiered alliance program for consulting partners in August. All of this has been factored into one analyst’s bullish thesis. Robert Oliver, a five-star analyst according to TipRanks, believes that the large total addressable market lends itself to strong long-term growth potential. On August 2, he reiterated his Buy rating and raised the price target from $53 to $55. The Robert W. Baird analyst believes shares could gain 8% over the next twelve months.With 2 Buy ratings vs 1 Sell received over the last three months, the word on the Street is that BL is a ‘Moderate Buy’. Its $53 average price target suggests 3% upside potential. Envestnet Inc. (ENV)Envestnet stands to change the way financial advisors interact with their clients. Its flagship product provides a wealth management platform that integrates the software and services used by advisors. ENV has seen an impressive 42% gain in the last three years thanks to organic growth as well as its acquisition of analytics and AI company Wheelhouse back in 2016 and its partnership with BlackRock in 2018. While the company’s August 7 earnings release revealed that it had beaten EPS estimates in its last four quarters, investors were less impressed when it came to the slight revenue miss. Management attributes the shortcoming to a drop in subscription and licensing revenue.CEO Judson Bergman tells investors to be patient as it will take time for recent investments such as the acquisitions of PortfolioCenter in April and MoneyGuide in May to pay off. Jefferies analyst Surinder Thind agrees that investors shouldn’t be scared off by weaker Q2 results. “While the updated revenue guide is sure to disappoint, it does not signal a change in fundamentals,” he explained on August 8. As a result, the four-star analyst reiterated his Buy rating and raised the price target from $65 to $76. Thind believes shares could soar 34% in the next twelve months.The consensus among analysts is that ENV is a ‘Moderate Buy’. Its $75 average price target indicates 33% upside potential. Green Dot Corporation (GDOT) The last fintech on our list is unique in that it serves customers who either don’t have or can’t qualify for credit cards or checking accounts. Its strategy of catering to a customer base with a less reliable financial track record might not seem logical, but there is a substantial market for these services within the “underbanked” community.While the company is one of the riskier stocks we highlight, GDOT was able to post a second quarter earnings beat on August 7. EPS reached $0.90, exceeding the consensus estimate by 43%. However, GDOT lowered its full year guidance based on declining sales of its legacy prepaid credit card as well as a later launch date for its banking-as-a-service (BaaS) platform which the company has invested $60 million in.GDOT has changed its strategy, shifting focus away from its legacy products to expanding the BaaS segment. This move weighed on earnings and has caused a sense of uncertainty among investors.  That being said, Jeff Cantwell, a five-star analyst, argues that it will take time for this shift to translate into revenue. “The company is in the midst of a painful model transition but the bad news is now baked into the shares. We believe Green Dot's risk/reward looks favorable at current levels following the recent selloff,” he explained on August 9. He adds that the company’s new products such as its savings account with a 3% annual yield rate could be the growth driver it needs. As a result, the Guggenheim analyst upgraded GDOT from a Hold to a Buy and set a $36 price target, implying 18% upside. All in all, the Street takes a slightly more cautious stance on GDOT. It has a ‘Moderate Buy’ analyst consensus and a $41 average price target, suggesting 36% upside potential.

  • The Charts of Green Dot Are Looking a 'Little Green Around the Gills' Lately
    TheStreet.com

    The Charts of Green Dot Are Looking a 'Little Green Around the Gills' Lately

    Green Dot Corp. : "That was not a good quarter. In this daily bar chart of GDOT, below, we can see a hurtful downtrend the past 12 months. GDOT is below the declining 50-day average line and the slower-to-react but declining 200-day line.

  • Are Options Traders Betting on a Big Move in Green Dot (GDOT) Stock?
    Zacks

    Are Options Traders Betting on a Big Move in Green Dot (GDOT) Stock?

    Investors need to pay close attention to Green Dot (GDOT) stock based on the movements in the options market lately.

  • Green Dot (GDOT) Beats Q2 Earnings Estimates, Cuts '19 View
    Zacks

    Green Dot (GDOT) Beats Q2 Earnings Estimates, Cuts '19 View

    Green Dot's (GDOT) second-quarter 2019 earnings improve year over year.

  • Motley Fool

    2 Stocks We're Watching This Week

    Here’s a fintech company and a small bank on our radar.

  • Motley Fool

    Green Dot CEO Steve Streit and 2 Big Financial Headlines

    Here’s an interview with the head of one of our favorite fintechs and the other financial-sector news you need to know.

  • GuruFocus.com

    US Stocks Advance Thursday

    Fox moves on higher affiliate revenues Continue reading...

  • Barrons.com

    Green Dot Stock Dives on a Weaker Outlook and Fewer Active Users

    Green Dot stock plummeted more than 40% as investors digested its lowered outlook for full-year earnings and revenue, and a drop in users.

  • MarketWatch

    Green Dot downgraded at KBW as stock plummets after earnings

    Keefe, Bruyette & Woods analyst Steven Kwok downgraded Green Dot Inc. shares to market perform from outperform on Thursday, following the prepaid-card company's disappointing outlook that has sent shares plunging 38% in morning trading. "While we acknowledge that the bar has been lowered with the revised guidance and sharp selloff in shares post earnings, given the lack of visibility around revenue and EPS growth as it is predicated on a number of factors (i.e., success of its new products, competition, pace of investment to sustain/accelerated revenue growth), we think it's prudent to move to the sidelines and wait for incremental data points around the company's strategies," Kwok wrote. He lowered his target price to $35 from $60. Green Dot shares are off 63% so far this year, as the S&P 500 has gained 16%.

  • Green Dot Corporation(GDOT) Q2 2019 Earnings Call Transcript
    Motley Fool

    Green Dot Corporation(GDOT) Q2 2019 Earnings Call Transcript

    GDOT earnings call for the period ending June 30, 2019.

  • Green Dot's Short-Term Pain Appears Worse Than Expected
    Motley Fool

    Green Dot's Short-Term Pain Appears Worse Than Expected

    The banking-as-a-service company’s second-quarter results shocked investors -- and not in a good way.

  • Green Dot (GDOT) Q2 Earnings and Revenues Surpass Estimates
    Zacks

    Green Dot (GDOT) Q2 Earnings and Revenues Surpass Estimates

    Green Dot (GDOT) delivered earnings and revenue surprises of 42.86% and 1.45%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • MarketWatch

    Green Dot stock tanks after fintech company lowers guidance

    Green Dot Corp. shares fell more than 30% in the extended session Wednesday after the fintech company reported second-quarter earnings above expectations but lowered its guidance for the year. Green Dot said it earned $35 million, or 64 cents a share, in the quarter, compared with $30 million, or 55 cents a share, in the year-ago period. Adjusted for one-time items, Green Dot said it earned $48 million, or 90 cents a share, compared with $40 million, or 74 cents a share, a year ago. Revenue rose to $278 million from $264 million. Analysts polled by FactSet had expected adjusted earnings of 63 cents a share on sales of $263 million. The company said it expects full-year operating revenue between $1.06 billion and $1.08 billion, versus a previous guidance of $1.114 billion to $1.134 billion. Green Dot said it sees its full-year non-GAAP EPS between $2.71 and $2.77, compared with a previous guidance range of $2.82 to $2.91.

  • One Thing To Remember About The Green Dot Corporation (NYSE:GDOT) Share Price
    Simply Wall St.

    One Thing To Remember About The Green Dot Corporation (NYSE:GDOT) Share Price

    If you own shares in Green Dot Corporation (NYSE:GDOT) then it's worth thinking about how it contributes to the...

  • 4 Business Services Stocks Set to Top Q2 Earnings Estimates
    Zacks

    4 Business Services Stocks Set to Top Q2 Earnings Estimates

    Business services sector earnings are expected to benefit from overall economic strength.

  • Booz Allen Hamilton (BAH) Beats on Q1 Earnings and Revenues
    Zacks

    Booz Allen Hamilton (BAH) Beats on Q1 Earnings and Revenues

    Booz Allen's (BAH) first-quarter fiscal 2020 earnings and revenues improve year over year.

  • Non-cigarette to Drive Core-Mark's (CORE) Earnings in Q2
    Zacks

    Non-cigarette to Drive Core-Mark's (CORE) Earnings in Q2

    Core-Mark's (CORE) second-quarter 2019 results to benefit from increase in sales of high margin alternative nicotine, food and candy products.

  • Waste Connections (WCN) Q2 Earnings In Line, Revenues Top
    Zacks

    Waste Connections (WCN) Q2 Earnings In Line, Revenues Top

    Waste Connections (WCI) second-quarter 2019 earnings and revenues improve year over year.

  • Insperity (NSP) Meets Q2 Earnings Estimates, Tweaks 2019 View
    Zacks

    Insperity (NSP) Meets Q2 Earnings Estimates, Tweaks 2019 View

    Insperity's (NSP) second-quarter 2019 revenues benefit from an increase in average number of worksite employees paid per month.