Erste Group Bank Has Bearish Outlook for DB FY2027 Earnings

Key Points

• Erste Group Bank lowered its FY2027 EPS forecast for Deutsche Bank to $4.45 from $4.46, still above the broader consensus estimate of $3.93.
• Deutsche Bank’s latest quarterly results missed expectations on earnings, reporting $0.66 EPS versus the $0.91 consensus, although revenue exceeded estimates at $9.68 billion.
• Analyst sentiment remains generally favorable, with a “Moderate Buy” consensus and a $43 target price; institutional investors own 27.9% of the stock.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Free Report) - Stock analysts at Erste Group Bank decreased their FY2027 earnings per share (EPS) estimates for Deutsche Bank Aktiengesellschaft in a note issued to investors on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now forecasts that the bank will post earnings per share of $4.45 for the year, down from their previous forecast of $4.46. The consensus estimate for Deutsche Bank Aktiengesellschaft's current full-year earnings is $3.93 per share.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The bank reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.25). The business had revenue of $9.68 billion during the quarter, compared to the consensus estimate of $9.30 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 8.46% and a net margin of 11.53%.

Several other research analysts have also recently issued reports on DB. Weiss Ratings upgraded shares of Deutsche Bank Aktiengesellschaft from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, July 29th. Wall Street Zen downgraded Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, June 6th. The Goldman Sachs Group upgraded Deutsche Bank Aktiengesellschaft from a "neutral" rating to a "buy" rating in a research report on Tuesday, September 1st. Zacks Research raised Deutsche Bank Aktiengesellschaft from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 27th. Finally, Morgan Stanley restated an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, September 2nd. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft has an average rating of "Moderate Buy" and a consensus target price of $43.00.

Deutsche Bank Aktiengesellschaft Stock Up 0.0%

Deutsche Bank Aktiengesellschaft stock opened at $40.49 on Monday. Deutsche Bank Aktiengesellschaft has a 52 week low of $28.12 and a 52 week high of $41.62. The stock has a market cap of $78.56 billion, a price-to-earnings ratio of 10.80, a PEG ratio of 0.56 and a beta of 0.96. The company's 50-day moving average price is $37.77 and its two-hundred day moving average price is $34.16. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.35.

Institutional Investors Weigh In On Deutsche Bank Aktiengesellschaft

A number of institutional investors and hedge funds have recently modified their holdings of DB. AQR Capital Management LLC grew its holdings in shares of Deutsche Bank Aktiengesellschaft by 15.9% in the 1st quarter. AQR Capital Management LLC now owns 126,101 shares of the bank's stock worth $3,005,000 after acquiring an additional 17,262 shares during the last quarter. Focus Partners Wealth acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 1st quarter valued at $795,000. Sivia Capital Partners LLC acquired a new position in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at $413,000. Rhumbline Advisers raised its holdings in Deutsche Bank Aktiengesellschaft by 4.5% during the 2nd quarter. Rhumbline Advisers now owns 27,750 shares of the bank's stock worth $813,000 after buying an additional 1,187 shares during the period. Finally, First Trust Advisors LP lifted its stake in Deutsche Bank Aktiengesellschaft by 24.1% during the second quarter. First Trust Advisors LP now owns 528,327 shares of the bank's stock valued at $15,620,000 after buying an additional 102,754 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a Germany-based global financial services company headquartered in Frankfurt. Founded in 1870 in Berlin, the bank provides banking and investment services to corporations, institutions, governments, small and medium-sized businesses, and private clients across Europe and other international markets.

The company's principal businesses include Corporate Bank, Investment Bank, Private Bank and Asset Management. Its services include transaction banking, cash management, trade finance, lending, investment banking, securities sales and trading, foreign exchange, research, wealth management, retail banking and private banking.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.