Societe Generale Group (OTCMKTS:SCGLY) Receives Consensus Rating of "Moderate Buy" from Analysts

Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) has earned a consensus rating of "Moderate Buy" from the six ratings firms that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and two have given a strong buy rating to the company.

Several equities research analysts have recently commented on SCGLY shares. Kepler Capital Markets cut Societe Generale Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 2nd. UBS Group downgraded shares of Societe Generale Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th.

Societe Generale Group Stock Up 0.4%

Societe Generale Group stock traded up $0.05 during midday trading on Thursday, reaching $12.08. The company's stock had a trading volume of 269,414 shares, compared to its average volume of 385,086. The company has a market cap of $48.34 billion, a P/E ratio of 9.36, a P/E/G ratio of 0.30 and a beta of 1.06. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 3.32. The business has a 50-day simple moving average of $11.38 and a 200-day simple moving average of $9.42. Societe Generale Group has a fifty-two week low of $4.30 and a fifty-two week high of $12.29.

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 for the quarter, topping the consensus estimate of $0.34 by $0.04. The firm had revenue of $7.45 billion during 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, research analysts expect that Societe Generale Group will post 1.14 earnings per share for the current fiscal year.

Societe Generale Group Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, June 12th. Investors of record on Friday, May 23rd were issued a $0.1797 dividend. The ex-dividend date was Thursday, May 22nd. This represents a yield of 1.62%. Societe Generale Group's dividend payout ratio is currently 12.40%.

Societe Generale Group Company Profile

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.