Erste Group Bank Lowers Earnings Estimates for Barclays

Key Points

• Erste Group Bank lowered its FY2027 EPS estimate for Barclays to $3.30 from $3.42 and maintained a "Hold" rating, while the consensus current full‑year estimate sits at $2.00 per share.
• Barclays recently beat quarterly EPS expectations, reporting $0.46 versus a $0.42 consensus and showing profitability metrics of a 8.33% return on equity and a 21.91% net margin; analyst coverage skews toward Buy with an average rating of "Moderate Buy".
• The shares trade around $21.85 with a market capitalization of about $75.47 billion and a reported price‑to‑earnings ratio of 9.54, and the company declared a dividend of $0.3069 payable March 31.

Barclays PLC (NYSE:BCS - Free Report) - Equities research analysts at Erste Group Bank decreased their FY2027 earnings per share (EPS) estimates for Barclays in a note issued to investors on Wednesday, March 4th. Erste Group Bank analyst H. Engel now anticipates that the financial services provider will post earnings of $3.30 per share for the year, down from their previous forecast of $3.42. Erste Group Bank currently has a "Hold" rating on the stock. The consensus estimate for Barclays' current full-year earnings is $2.00 per share.

Barclays (NYSE:BCS - Get Free Report) last announced its earnings results on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.04. Barclays had a return on equity of 8.33% and a net margin of 21.91%.The business had revenue of $72.64 million for the quarter, compared to analysts' expectations of $9.23 billion.

Several other analysts have also issued reports on the stock. Zacks Research upgraded shares of Barclays from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 18th. Morgan Stanley reiterated an "overweight" rating on shares of Barclays in a research note on Wednesday, February 11th. Weiss Ratings reissued a "buy (b-)" rating on shares of Barclays in a research report on Tuesday, December 23rd. Royal Bank Of Canada restated an "outperform" rating on shares of Barclays in a research note on Friday, February 13th. Finally, Citigroup reaffirmed a "neutral" rating on shares of Barclays in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy".

Barclays Price Performance

Shares of NYSE:BCS opened at $21.85 on Monday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.45. The stock has a market capitalization of $75.47 billion, a PE ratio of 9.54, a price-to-earnings-growth ratio of 0.40 and a beta of 0.95. The firm's 50 day moving average price is $25.69 and its 200-day moving average price is $22.99. Barclays has a twelve month low of $12.14 and a twelve month high of $27.70.

Institutional Trading of Barclays

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pure Financial Advisors LLC bought a new position in Barclays in the 4th quarter worth approximately $293,000. SHP Wealth Management bought a new stake in shares of Barclays during the fourth quarter valued at approximately $28,000. Arwa LLC purchased a new position in shares of Barclays in the fourth quarter worth $308,000. Virtu Financial LLC purchased a new position in shares of Barclays in the fourth quarter worth $682,000. Finally, Dorsey Wright & Associates boosted its position in shares of Barclays by 2.7% during the fourth quarter. Dorsey Wright & Associates now owns 107,134 shares of the financial services provider's stock worth $2,727,000 after acquiring an additional 2,845 shares during the last quarter. Institutional investors own 3.39% of the company's stock.

Barclays Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 20th will be paid a $0.3069 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a dividend yield of 236.0%. Barclays's dividend payout ratio is 25.76%.

About Barclays

Barclays PLC NYSE: BCS is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.

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