Societe Generale Group (OTCMKTS:SCGLY - Get Free Report)'s stock price reached a new 52-week high on Thursday . The company traded as high as $11.69 and last traded at $11.58, with a volume of 11033 shares traded. The stock had previously closed at $11.51.
Wall Street Analyst Weigh In
Several analysts have weighed in on the company. UBS Group downgraded Societe Generale Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 8th. Kepler Capital Markets downgraded Societe Generale Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 2nd. Four research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy".
Read Our Latest Research Report on Societe Generale Group
Societe Generale Group Stock Up 1.5%
The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.43. The stock has a market cap of $46.74 billion, a P/E ratio of 9.05, a P/E/G ratio of 0.28 and a beta of 1.06. The company has a 50-day simple moving average of $10.99 and a two-hundred day simple moving average of $8.80.
Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.04. The firm had revenue of $7.45 billion for the quarter, compared to analysts' expectations of $7.02 billion. Societe Generale Group had a return on equity of 5.57% and a net margin of 18.10%. On average, equities analysts forecast that Societe Generale Group will post 1.14 EPS for the current year.
Societe Generale Group Cuts Dividend
The company also recently declared a dividend, which was paid on Thursday, June 12th. Investors of record on Friday, May 23rd were paid a $0.1797 dividend. The ex-dividend date of this dividend was Thursday, May 22nd. This represents a yield of 1.62%. Societe Generale Group's payout ratio is 12.40%.
Societe Generale Group Company Profile
(
Get Free Report)
Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.
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