Shares of Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 109,672 shares traded hands during trading, an increase of 53% from the previous session's volume of 71,610 shares.The stock last traded at $42.02 and had previously closed at $40.57.
Analyst Ratings Changes
EBKDY has been the subject of a number of analyst reports. UBS Group raised Erste Group Bank from a "hold" rating to a "strong-buy" rating in a research note on Monday, May 26th. Citigroup downgraded shares of Erste Group Bank from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 10th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of Erste Group Bank in a report on Tuesday, May 13th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy".
Get Our Latest Report on EBKDY
Erste Group Bank Trading Up 3.9%
The company has a market cap of $34.61 billion, a PE ratio of 10.92, a PEG ratio of 0.77 and a beta of 1.10. The stock has a 50 day moving average price of $38.77 and a 200 day moving average price of $34.96.
Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.96 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.14). Erste Group Bank had a net margin of 16.22% and a return on equity of 10.31%. The firm had revenue of $3.21 billion for the quarter, compared to analysts' expectations of $3.21 billion. Equities analysts expect that Erste Group Bank AG will post 4.05 EPS for the current fiscal year.
Erste Group Bank Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Monday, June 9th. Investors of record on Wednesday, May 28th were paid a dividend of $1.1657 per share. This represents a yield of 2.89%. The ex-dividend date of this dividend was Tuesday, May 27th. Erste Group Bank's payout ratio is currently 30.31%.
About Erste Group Bank
(
Get Free Report)
Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.
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