NatWest Group plc (NYSE:NWG) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: Six brokerages assign NatWest a consensus rating of "Moderate Buy" — comprised of three Hold ratings, two Buy ratings, and one Strong Buy.
• Financials & dividend: NatWest beat Q4 estimates with $0.46 EPS (vs. $0.38) and $5.74B revenue, trades at a P/E of 8.67 with a ~$62B market cap, and announced a $0.621 dividend payable May 5 (record/ex-dividend March 20).

Shares of NatWest Group plc (NYSE:NWG - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the six brokerages that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

A number of equities analysts have commented on the stock. The Goldman Sachs Group reiterated a "neutral" rating on shares of NatWest Group in a report on Thursday, December 4th. Barclays reaffirmed an "equal weight" rating on shares of NatWest Group in a research report on Wednesday, January 7th. BNP Paribas Exane upgraded NatWest Group from a "strong sell" rating to a "hold" rating in a research note on Friday, February 27th. Zacks Research upgraded NatWest Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 10th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of NatWest Group in a research report on Thursday, January 22nd.

Institutional Trading of NatWest Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. American National Bank & Trust bought a new position in NatWest Group during the 4th quarter worth $31,000. Salomon & Ludwin LLC raised its holdings in shares of NatWest Group by 2,941.7% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,825 shares of the company's stock worth $27,000 after purchasing an additional 1,765 shares in the last quarter. Larson Financial Group LLC lifted its stake in NatWest Group by 427.7% during the third quarter. Larson Financial Group LLC now owns 1,831 shares of the company's stock valued at $26,000 after purchasing an additional 1,484 shares during the last quarter. Rachor Investment Advisory Services LLC acquired a new position in NatWest Group in the fourth quarter worth approximately $34,000. Finally, Bessemer Group Inc. increased its holdings in shares of NatWest Group by 88.7% in the third quarter. Bessemer Group Inc. now owns 2,068 shares of the company's stock valued at $29,000 after buying an additional 972 shares in the last quarter. 1.27% of the stock is owned by institutional investors.

NatWest Group Stock Performance

NYSE:NWG opened at $15.52 on Friday. The company has a market cap of $62.01 billion, a P/E ratio of 8.67, a P/E/G ratio of 0.52 and a beta of 0.95. The firm's 50 day moving average is $17.26 and its two-hundred day moving average is $16.01. NatWest Group has a fifty-two week low of $10.40 and a fifty-two week high of $19.35. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.14.

NatWest Group (NYSE:NWG - Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.08. The business had revenue of $5.74 billion during the quarter, compared to the consensus estimate of $5.59 billion. NatWest Group had a return on equity of 13.05% and a net margin of 18.59%. Analysts expect that NatWest Group will post 1.35 EPS for the current year.

NatWest Group Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Friday, March 20th will be given a $0.621 dividend. The ex-dividend date of this dividend is Friday, March 20th. This represents a dividend yield of 743.0%. NatWest Group's payout ratio is presently 27.93%.

NatWest Group Company Profile

NatWest Group plc is a major UK-based banking and financial services group headquartered in Edinburgh, Scotland. The company traces its roots to the Royal Bank of Scotland, founded in 1727, and adopted the NatWest Group name in 2020 as part of a strategic refocus on its NatWest brand. NatWest Group is listed on the London Stock Exchange and also has American depositary shares trading on the New York Stock Exchange under the symbol NWG.

The group provides a broad range of banking services across retail, private, commercial, corporate and institutional segments.

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