Lloyds Banking Group (LON:LLOY - Get Free Report) issued its earnings results on Thursday. The financial services provider reported GBX 3.80 ($0.05) EPS for the quarter, Digital Look Earnings reports. Lloyds Banking Group had a net margin of 16.66% and a return on equity of 11.22%.
Lloyds Banking Group Stock Performance
Shares of LON:LLOY traded down GBX 0.22 ($0.00) during midday trading on Wednesday, hitting GBX 79 ($1.06). 133,099,781 shares of the stock were exchanged, compared to its average volume of 154,006,484. The business's 50-day moving average price is GBX 76.79 and its 200 day moving average price is GBX 71.03. The stock has a market capitalization of £47.90 billion, a price-to-earnings ratio of 9.99, a P/E/G ratio of 1.84 and a beta of 1.23. Lloyds Banking Group has a 12 month low of GBX 52.44 ($0.70) and a 12 month high of GBX 80 ($1.07).
Insiders Place Their Bets
In related news, insider Charlie Nunn acquired 238,593 shares of the stock in a transaction on Friday, June 20th. The stock was acquired at an average price of GBX 76 ($1.01) per share, for a total transaction of £181,330.68 ($242,161.70). Also, insider William Chalmers acquired 152,181 shares of the company's stock in a transaction dated Friday, June 20th. The stock was acquired at an average cost of GBX 76 ($1.01) per share, with a total value of £115,657.56 ($154,457.21). 0.17% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Shore Capital reissued a "hold" rating and issued a GBX 74 ($0.99) price target on shares of Lloyds Banking Group in a research note on Thursday, July 24th. JPMorgan Chase & Co. lifted their price target on shares of Lloyds Banking Group from GBX 78 ($1.04) to GBX 79 ($1.06) and gave the company an "underweight" rating in a research report on Friday, July 25th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 67.80 ($0.91).
Check Out Our Latest Report on LLOY
About Lloyds Banking Group
(
Get Free Report)
We are the largest UK retail and commercial financial services provider with over 25 million customers and a presence in nearly every community.
The Group's main business activities are retail and commercial banking, general insurance and long-term savings, provided through the largest branch network and digital bank in the UK, with well recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.
Our shares are quoted on the London and New York stock exchanges and we are one of the largest companies in the FTSE 100 index.
Featured Stories
Before you consider Lloyds Banking Group, 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 Lloyds Banking Group wasn't on the list.
While Lloyds Banking Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access