Societe Generale Group (OTCMKTS:SCGLY - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $12.14 and last traded at $12.10, with a volume of 57429 shares. The stock had previously closed at $11.82.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on SCGLY shares. Kepler Capital Markets downgraded shares of Societe Generale Group from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 2nd. UBS Group downgraded Societe Generale Group from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. Four equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy".
Check Out Our Latest Analysis on SCGLY
Societe Generale Group Trading Down 3.0%
The stock has a market cap of $47.58 billion, a PE ratio of 9.22, a price-to-earnings-growth ratio of 0.29 and a beta of 1.06. The firm has a 50-day moving average price of $11.09 and a 200-day moving average price of $8.89. The company has a debt-to-equity ratio of 3.43, a quick ratio of 1.35 and a current ratio of 1.35.
Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $0.04. The business had revenue of $7.45 billion during the quarter, compared to analyst estimates of $7.02 billion. Societe Generale Group had a net margin of 18.10% and a return on equity of 5.57%. As a group, equities analysts anticipate that Societe Generale Group will post 1.14 EPS for the current fiscal year.
Societe Generale Group Cuts Dividend
The company also recently disclosed 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 payout ratio is currently 12.40%.
About Societe Generale Group
(
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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