BNP Paribas (OTCMKTS:BNPQY) Stock Price Up 1.7% - What's Next?

Key Points

• BNP Paribas stock is currently trading up 1.7% at $46.29, with a recent high at $46.37 and a decrease in trading volume by 23% from the average.
• Analysts have given mixed ratings for BNP Paribas, with one sell rating, three buy ratings, and one strong buy rating, leading to a consensus rating of "Moderate Buy".
• The company posted quarterly earnings of $1.64 per share, exceeding estimates and reporting revenue of $14.27 billion, significantly higher than the expected $12.75 billion.

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report)'s share price shot up 1.7% during mid-day trading on Wednesday . The stock traded as high as $46.37 and last traded at $46.29. 138,766 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 180,017 shares. The stock had previously closed at $45.50.

Analyst Ratings Changes

Several brokerages have recently issued reports on BNPQY. DZ Bank upgraded shares of BNP Paribas from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 30th. Barclays restated an "overweight" rating on shares of BNP Paribas in a report on Tuesday, April 15th. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of BNP Paribas in a report on Friday, July 25th. One equities research analyst has rated the stock with a sell rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, BNP Paribas currently has a consensus rating of "Moderate Buy".

BNP Paribas Trading Up 2.8%

The firm has a market cap of $107.69 billion, a P/E ratio of 8.94, a PEG ratio of 0.80 and a beta of 1.13. The firm's fifty day moving average is $44.83 and its two-hundred day moving average is $41.68. The company has a quick ratio of 0.67, a current ratio of 0.65 and a debt-to-equity ratio of 1.78.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The financial services provider reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.09. The business had revenue of $14.27 billion for the quarter, compared to analysts' expectations of $12.75 billion. BNP Paribas had a net margin of 22.65% and a return on equity of 8.40%. Analysts predict that BNP Paribas SA will post 5.02 earnings per share for the current fiscal year.

BNP Paribas Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, May 19th were given a dividend of $1.951 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a yield of 438.0%. BNP Paribas's dividend payout ratio (DPR) is currently 37.71%.

About BNP Paribas

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.