OSB Group (LON:OSB) Posts Earnings Results

Key Points

• OSB Group reported earnings of GBX 37.30 per share for the quarter, with a return on equity of 18.78% and a net margin of 27.26%.
• The stock is currently trading down 1.3% at a price of GBX 539, with a 12-month price range from GBX 343.60 to GBX 574.50.
• Shore Capital has maintained a "buy" rating on OSB Group, contributing to a consensus rating of "Buy" from analysts.

OSB Group (LON:OSB - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 37.30 EPS for the quarter, Digital Look Earnings reports. OSB Group had a return on equity of 18.78% and a net margin of 27.26%.

OSB Group Stock Performance

Shares of OSB Group stock traded up GBX 10 on Friday, hitting GBX 556.50. 589,034 shares of the company traded hands, compared to its average volume of 1,315,353. The stock has a market capitalization of £2.06 billion, a P/E ratio of 5.55 and a beta of 1.41. OSB Group has a 52 week low of GBX 343.60 and a 52 week high of GBX 574.50. The business has a 50-day simple moving average of GBX 543.05 and a 200 day simple moving average of GBX 482.65.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "buy" rating on shares of OSB Group in a research note on Wednesday, April 30th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

OSB Group Company Profile

OSB Group Plc, through its subsidiaries, operates as a specialist mortgage lending and retail savings company in the United Kingdom and the Channel Islands. It provides private rented sector related buy-to-let, commercial and semi-commercial mortgages, residential development finance, secured funding, bridging, and asset finance services.