Green Dot Corp. operates as a financial technology leader and bank holding company, which engages in the provision of prepaid cards, debit cards, checking accounts, secured credit cards, payroll debit cards, consumer cash processing services, wage disbursements, and tax refund processing services. It operates through the following segments: Account Services; and Processing and Settlement Services. The Account Services segment offers deposit account programs that can be acquired through omni-channel distribution platform. The Processing and Settlement Services segment comprises of products and services that specialize in facilitating the movement of funds on behalf of consumers and businesses. The company was founded by Steven W. Streit in October 1, 1999 and is headquartered in Pasadena, CA.
GDOT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Green Dot Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Green Dot Corp ranked in the 45th percentile in terms of potential gain offered. As for the metrics that stood out in our discounted cash flow analysis of Green Dot Corp, consider:
The company's balance sheet shows it gets 99% of its capital from equity, and 1% of its capital from debt. Its equity weight surpasses that of 96.72% of free cash flow generating stocks in the Financial Services sector.
The business' balance sheet suggests that 1% of the company's capital is sourced from debt; this is greater than just 5.18% of the free cash flow producing stocks we're observing.
GDOT's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 52.24% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Green Dot Corp? See SWKH, SAFT, FRFHF, NDAQ, and APAM.
Green Dot Corporation (GDOT) Q2 2020 Earnings Conference Call August 4, 2020 5:00 P.M. ET Company Participants Shaun Rowan - Senior Vice President of Marketing Dan Henry - President and Chief Executive Officer Jess Unruh - Interim Chief Financial Officer and Chief Accounting Officer Conference Call Participants Bob Napoli -...
PASADENA, Calif.--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) today reported financial results for the quarter ended June 30, 2020. “During this incredibly unfortunate pandemic, we are proud that our products and services were used and relied upon by millions of consumers and small businesses directly and through our partners to receive much needed funds and support from various government entities. This unprecedented crisis also clearly illustrates the strength of the diversified busin
This story was delivered to Insider Intelligence Banking Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry with the Banking Briefing. You can learn more about subscribing here. Online small- and medium-sized business (SMB) lender Kabbage has launched Kabbage Checking to give SMBs access to traditional checking account services without fees or friction. Kabbage claims the application process takes minutes, and the account carries no monthly fees or balance requirements. Customers will earn a 1.1% APY on their deposits, and other benefits include the ability to deposit cash at 90,000 participating retailers and service centers across the US, free access to 19,000 ATMs, and a Wallets feature...
PASADENA, Calif.--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) will host a conference call and earnings webcast to discuss second quarter 2020 financial results on Tuesday, August 4, 2020 at 5:00pm ET. A press release with second quarter 2020 financial results will be issued after the market closes that same day. The live webcast of the call can be accessed from Green Dot’s investor relations website at http://ir.greendot.com/. A replay will be available at the same website following the
While large mega-cap stocks tend to get the most news coverage, smaller companies can be some of the best long-term investment opportunities. Small cap stocks tend to have higher volatility than their larger counterparts, but also can have the most compelling growth potential. With that in mind, here's why Empire State Realty Trust (NYSE: ESRT), Green Dot (NYSE: GDOT), and EPR Properties (NYSE: EPR) could be smart additions to your portfolio during Summer 2020.