NatWest Group plc (NYSE:NWG) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• NatWest Group plc has an average consensus rating of "Moderate Buy" from six brokerages, with two analysts recommending a hold and four recommending a buy.
• The company's most recent earnings report exceeded analyst expectations, with earnings per share of $0.41 against estimated $0.37, and revenue of $5.42 billion compared to a forecast of $4.06 billion.
• NatWest Group recently declared a semi-annual dividend of $0.255 per share, with a yield of 390.0% and a dividend payout ratio of 32.26%.

NatWest Group plc (NYSE:NWG - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six ratings firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company.

Several research analysts have commented on the company. Zacks Research downgraded NatWest Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Citigroup reaffirmed a "buy" rating on shares of NatWest Group in a research note on Monday, April 28th.

Hedge Funds Weigh In On NatWest Group

A number of institutional investors and hedge funds have recently modified their holdings of NWG. Evergreen Capital Management LLC lifted its stake in shares of NatWest Group by 2.4% in the second quarter. Evergreen Capital Management LLC now owns 29,272 shares of the company's stock valued at $414,000 after buying an additional 697 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in shares of NatWest Group by 22.6% in the second quarter. First Horizon Advisors Inc. now owns 4,043 shares of the company's stock valued at $57,000 after buying an additional 746 shares in the last quarter. Pacer Advisors Inc. lifted its stake in shares of NatWest Group by 3.0% in the first quarter. Pacer Advisors Inc. now owns 28,042 shares of the company's stock valued at $334,000 after buying an additional 807 shares in the last quarter. Commerce Bank lifted its stake in shares of NatWest Group by 5.2% in the first quarter. Commerce Bank now owns 16,511 shares of the company's stock valued at $197,000 after buying an additional 818 shares in the last quarter. Finally, Aaron Wealth Advisors LLC lifted its stake in shares of NatWest Group by 2.4% in the first quarter. Aaron Wealth Advisors LLC now owns 35,935 shares of the company's stock valued at $428,000 after buying an additional 831 shares in the last quarter. 1.27% of the stock is currently owned by institutional investors.

NatWest Group Price Performance

NWG stock traded up $0.05 during midday trading on Wednesday, reaching $15.41. The company had a trading volume of 2,877,657 shares, compared to its average volume of 4,903,434. The company has a market capitalization of $62.39 billion, a price-to-earnings ratio of 9.94, a price-to-earnings-growth ratio of 0.88 and a beta of 1.07. The stock has a 50 day moving average price of $14.00 and a 200-day moving average price of $13.03. NatWest Group has a 1-year low of $8.55 and a 1-year high of $15.52. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.05 and a quick ratio of 1.06.

NatWest Group (NYSE:NWG - Get Free Report) last posted its quarterly earnings results on Friday, July 25th. The company reported $0.41 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.04. The business had revenue of $5.42 billion during the quarter, compared to the consensus estimate of $4.06 billion. NatWest Group had a return on equity of 11.99% and a net margin of 16.84%. Equities research analysts expect that NatWest Group will post 1.35 earnings per share for the current year.

NatWest Group Cuts Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Friday, September 12th. Shareholders of record on Friday, August 8th will be issued a dividend of $0.255 per share. This represents a dividend yield of 390.0%. The ex-dividend date is Friday, August 8th. NatWest Group's dividend payout ratio is presently 32.26%.

NatWest Group Company Profile

NatWest Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers in the United Kingdom and internationally. It operates through Retail Banking, Private Banking, and Commercial & Institutional segments.