UBS Group upgraded shares of Societe Generale Group (OTCMKTS:SCGLY - Free Report) from a neutral rating to a buy rating in a research report report published on Tuesday, MarketBeat reports.
Societe Generale Group Stock Performance
Shares of Societe Generale Group stock traded up $0.26 on Tuesday, reaching $13.50. 374,683 shares of the stock were exchanged, compared to its average volume of 578,903. The firm has a market capitalization of $52.48 billion, a price-to-earnings ratio of 9.57, a PEG ratio of 0.37 and a beta of 1.12. Societe Generale Group has a twelve month low of $4.42 and a twelve month high of $13.54. The business has a 50 day moving average price of $11.66 and a two-hundred day moving average price of $9.82. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 3.32.
Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The financial services provider reported $0.36 EPS for the quarter, beating the consensus estimate of $0.32 by $0.04. The company had revenue of $7.71 billion for the quarter, compared to analyst estimates of $6.58 billion. Societe Generale Group had a net margin of 19.31% and a return on equity of 6.03%. Analysts anticipate that Societe Generale Group will post 1.14 earnings per share for the current fiscal year.
Societe Generale Group Cuts Dividend
The firm 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 of this dividend was Thursday, May 22nd. This represents a yield of 162.0%. Societe Generale Group's dividend payout ratio is presently 11.35%.
About Societe Generale Group
(
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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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