Societe Generale Group (OTCMKTS:SCGLY - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $11.26, but opened at $10.94. Societe Generale Group shares last traded at $11.09, with a volume of 73,590 shares changing hands.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. Kepler Capital Markets downgraded Societe Generale Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 2nd. UBS Group downgraded Societe Generale Group from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 8th. Four investment analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy".
Read Our Latest Report on SCGLY
Societe Generale Group Trading Up 3.0%
The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.43. The firm has a market capitalization of $46.10 billion, a P/E ratio of 8.93, a P/E/G ratio of 0.27 and a beta of 1.07. The firm has a 50-day moving average of $10.78 and a two-hundred day moving average of $8.56.
Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last announced its quarterly earnings data 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. Societe Generale Group had a return on equity of 5.57% and a net margin of 18.10%. The business had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $7.02 billion. On average, analysts anticipate that Societe Generale Group will post 1.14 EPS for the current year.
Societe Generale Group Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, June 12th. Shareholders 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 presently 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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