Meta Financial Group (CASH) Set to Announce Quarterly Earnings on Tuesday

Meta Financial Group (NASDAQ:CASH) is set to post its quarterly earnings results after the market closes on Tuesday, October 30th. Analysts expect Meta Financial Group to post earnings of $0.23 per share for the quarter.

Meta Financial Group (NASDAQ:CASH) last posted its earnings results on Thursday, July 26th. The savings and loans company reported $0.55 EPS for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.22. Meta Financial Group had a net margin of 14.08% and a return on equity of 14.58%. The company had revenue of $61.64 million for the quarter, compared to analysts’ expectations of $66.50 million. On average, analysts expect Meta Financial Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NASDAQ CASH opened at $23.69 on Monday. Meta Financial Group has a 12 month low of $22.94 and a 12 month high of $39.33. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.46 and a current ratio of 0.46. The stock has a market capitalization of $928.10 million, a price-to-earnings ratio of 10.72 and a beta of 1.00.



The business also recently announced a quarterly dividend, which was paid on Monday, October 1st. Shareholders of record on Friday, September 7th were given a $0.05 dividend. The ex-dividend date of this dividend was Thursday, September 6th. This represents a $0.20 dividend on an annualized basis and a yield of 0.84%. Meta Financial Group’s payout ratio is currently 8.51%.

Several analysts have recently issued reports on CASH shares. Sandler O’Neill set a $40.00 price target on shares of Meta Financial Group and gave the stock a “buy” rating in a research report on Monday, August 6th. B. Riley cut shares of Meta Financial Group from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $44.00 to $33.33 in a research report on Friday, July 27th. BidaskClub raised shares of Meta Financial Group from a “strong sell” rating to a “sell” rating in a research report on Wednesday, September 5th. Raymond James increased their price target on shares of Meta Financial Group from $36.67 to $37.00 and gave the stock a “strong-buy” rating in a research report on Monday, October 15th. Finally, ValuEngine cut shares of Meta Financial Group from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 6th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $37.19.

About Meta Financial Group

Meta Financial Group, Inc operates as the holding company for MetaBank that offers various banking products and services to individuals, small businesses, financial institutions, and other businesses. It provides various deposit products, such as statement savings accounts, money market savings accounts, and NOW and regular checking accounts, as well as deposits related to prepaid cards, which primarily include checking accounts and certificate accounts.

Further Reading: Why is the ex-dividend date different from the record date?

Earnings History for Meta Financial Group (NASDAQ:CASH)

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