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OTCMKTS:SCGLY

Société Générale Société anonyme (SCGLY) Stock Price, News & Analysis

$5.25
-0.45 (-7.89%)
(As of 06/10/2024 ET)
Today's Range
$5.12
$5.25
50-Day Range
$5.24
$6.06
52-Week Range
$4.32
$6.11
Volume
327,108 shs
Average Volume
358,741 shs
Market Capitalization
$21.08 billion
P/E Ratio
11.17
Dividend Yield
2.48%
Price Target
N/A

Société Générale Société anonyme MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.67mentions of Société Générale Société anonyme in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
21.70%
From $1.06 to $1.29 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.90 out of 5 stars

SCGLY stock logo

About Société Générale Société anonyme Stock (OTCMKTS:SCGLY)

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance. The company also provides corporate and investment banking, securities, business consulting, consumer finance, advisory and financing, and asset management and private banking services. In addition, it offers brokerage, cash management, payment, factoring/reverse factoring, export financing, trade finance, cash clearing and correspondent banking, and receivables and supply chain financing services. Société Générale Société anonyme was incorporated in 1864 and is headquartered in Paris, France.

SCGLY Stock Price History

SCGLY Stock News Headlines

Société Générale Leaves Ghana
S&P 500 Notches a Weekly Gain After Jobs Report
Societe Generale Q1 Profit Declines, Revenues Nearly Stable
Societe Generale (France) ADR
Société Générale Société anonyme (SCGLY)
Societe Generale S.A.
See More Headlines
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Company Calendar

Last Earnings
5/03/2024
Ex-Dividend for 6/13 Dividend
5/23/2024
Today
6/11/2024
Dividend Payable
6/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
OTCMKTS:SCGLY
Fax
N/A
Employees
126,822
Year Founded
1864

Profitability

Net Income
$2.70 billion
Pretax Margin
20.41%

Debt

Sales & Book Value

Annual Sales
$27.17 billion
Cash Flow
$0.68 per share
Book Value
$20.55 per share

Miscellaneous

Outstanding Shares
4,014,900,000
Free Float
N/A
Market Cap
$21.08 billion
Optionable
Not Optionable
Beta
1.43

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Key Executives

  • Mr. Slawomir Krupa (Age 50)
    CEO & Director
    Comp: $2.99M
  • Mr. Philippe Aymerich (Age 59)
    Deputy Chief Executive Officer
    Comp: $1.74M
  • Mr. Pierre Palmieri (Age 62)
    Deputy Chief executive Officer
    Comp: $1.51M
  • Ms. Claire Dumas (Age 55)
    Group CFO & Head of Finance Department
  • Ms. Laura Mather
    Group Chief Operating Officer
  • Mr. Alain Voiment
    Chief Technology Officer
  • Mr. Bruno Delas (Age 62)
    Group Chief Information Officer
  • Mr. Vincent Robillard
    Head of Financial Communication & Investor Relations
  • Mr. Dominique Bourrinet
    Group General Counsel
  • Mr. Gregoire Simon-Barboux
    Group Chief Compliance Officer

Should I Buy Société Générale Société anonyme Stock? SCGLY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Société Générale Société anonyme:

  • Société Générale has been implementing cost-cutting measures to improve efficiency and profitability, which could lead to higher returns for investors. Cost-cutting measures are strategies implemented by companies to reduce expenses and improve financial performance.
  • The current stock price of Société Générale presents a potential buying opportunity for investors looking to enter the market at a favorable valuation. Stock price refers to the current market price of a company's shares.
  • Recent analyst ratings on Société Générale have been positive, with some analysts issuing buy recommendations, indicating confidence in the company's future performance. Analyst ratings provide insights from financial experts on the outlook for a particular stock.
  • Société Générale has a diversified business model with operations in various financial services sectors, which can help mitigate risks associated with economic fluctuations in specific industries.
  • The company has been focusing on digital transformation initiatives to enhance customer experience and streamline operations, which could result in long-term growth opportunities for investors. Digital transformation involves leveraging technology to improve business processes and services.

Cons

Investors should be bearish about investing in Société Générale Société anonyme for these reasons:

  • Société Générale faces regulatory challenges and compliance costs in the financial industry, which could impact profitability and constrain growth prospects. Regulatory challenges refer to the strict regulations imposed on financial institutions by governing bodies.
  • The economic uncertainty and market volatility may pose risks to Société Générale's financial performance, leading to potential fluctuations in stock prices and investment returns. Market volatility refers to the degree of variation in trading prices in a market.
  • Competition in the financial services sector is intense, and Société Générale may face challenges in maintaining market share and profitability amidst competitive pressures. Competitive pressures arise from other financial institutions vying for the same market opportunities.
  • Global economic conditions, such as trade tensions and geopolitical risks, could impact Société Générale's international operations and expose the company to external risks beyond its control. Geopolitical risks refer to uncertainties arising from political events and decisions on a global scale.
  • Fluctuations in interest rates and currency exchange rates may affect Société Générale's financial results and could lead to potential risks for investors holding positions in the company. Interest rates impact borrowing costs and investment returns, while currency exchange rates affect international transactions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Société Générale Société anonyme pros and cons to contact@marketbeat.com.

SCGLY Stock Analysis - Frequently Asked Questions

Should I buy or sell Société Générale Société anonyme stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Société Générale Société anonyme in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SCGLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCGLY, but not buy additional shares or sell existing shares.
View SCGLY analyst ratings
or view top-rated stocks.

How have SCGLY shares performed in 2024?

Société Générale Société anonyme's stock was trading at $5.37 at the beginning of the year. Since then, SCGLY shares have decreased by 2.2% and is now trading at $5.25.
View the best growth stocks for 2024 here
.

Are investors shorting Société Générale Société anonyme?

Société Générale Société anonyme saw a increase in short interest in May. As of May 15th, there was short interest totaling 159,200 shares, an increase of 83.8% from the April 30th total of 86,600 shares. Based on an average trading volume of 616,500 shares, the days-to-cover ratio is currently 0.3 days.
View Société Générale Société anonyme's Short Interest
.

How were Société Générale Société anonyme's earnings last quarter?

Société Générale Société anonyme (OTCMKTS:SCGLY) announced its earnings results on Friday, May, 3rd. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.13. The financial services provider earned $7.21 billion during the quarter. Société Générale Société anonyme had a net margin of 8.35% and a trailing twelve-month return on equity of 3.60%.

How often does Société Générale Société anonyme pay dividends? What is the dividend yield for Société Générale Société anonyme?

Société Générale Société anonyme declared a dividend on Wednesday, May 8th. Stockholders of record on Friday, May 24th will be given a dividend of $0.194 per share on Thursday, June 13th. The ex-dividend date is Thursday, May 23rd.
Read our dividend analysis for SCGLY
.

Is Société Générale Société anonyme a good dividend stock?

Société Générale Société anonyme (OTCMKTS:SCGLY) pays an annual dividend of $0.13 per share and currently has a dividend yield of 2.22%. The dividend payout ratio is 27.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCGLY will have a dividend payout ratio of 10.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCGLY.

How do I buy shares of Société Générale Société anonyme?

Shares of SCGLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Société Générale Société anonyme have any subsidiaries?
The following companies are subsidiares of Société Générale Société anonyme: Lumo, Shine, and Treezor.
Read More
This page (OTCMKTS:SCGLY) was last updated on 6/11/2024 by MarketBeat.com Staff

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