Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) announced its quarterly earnings data on Friday. The financial services provider reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.01), Zacks reports. Danske Bank A/S had a return on equity of 13.35% and a net margin of 41.90%. The business had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $13.86 billion.
Danske Bank A/S Stock Down 1.1 %
Shares of DNKEY traded down $0.20 during mid-day trading on Wednesday, reaching $18.29. The company had a trading volume of 16,967 shares, compared to its average volume of 47,588. Danske Bank A/S has a 52 week low of $13.50 and a 52 week high of $18.66. The company has a market capitalization of $31.05 billion, a price-to-earnings ratio of 9.15 and a beta of 0.77. The firm has a 50-day moving average price of $16.83 and a 200 day moving average price of $15.59. The company has a debt-to-equity ratio of 7.47, a quick ratio of 1.79 and a current ratio of 1.79.
Danske Bank A/S Increases Dividend
The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th were given a $0.7642 dividend. The ex-dividend date of this dividend was Monday, March 24th. This is an increase from Danske Bank A/S's previous dividend of $0.46. Danske Bank A/S's dividend payout ratio is currently 74.75%.
Wall Street Analyst Weigh In
Separately, Morgan Stanley reissued an "overweight" rating on shares of Danske Bank A/S in a report on Friday, March 7th.
View Our Latest Stock Analysis on DNKEY
About Danske Bank A/S
(
Get Free Report)
Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.
Featured Articles
Before you consider Danske Bank A/S, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Danske Bank A/S wasn't on the list.
While Danske Bank A/S currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
