Societe Generale Group (OTCMKTS:SCGLY - Get Free Report)'s stock price rose 1.3% during mid-day trading on Monday . The stock traded as high as $11.80 and last traded at $11.74. Approximately 333,857 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 405,090 shares. The stock had previously closed at $11.59.
Analysts Set New Price Targets
A number of analysts recently issued reports on SCGLY shares. 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 shares of Societe Generale Group from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th. Four research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy".
View Our Latest Analysis on SCGLY
Societe Generale Group Stock Performance
The company's 50 day moving average price is $11.33 and its 200-day moving average price is $9.31. The company has a debt-to-equity ratio of 3.32, a quick ratio of 1.32 and a current ratio of 1.32. The company has a market cap of $48.30 billion, a PE ratio of 9.36, a price-to-earnings-growth ratio of 0.29 and a beta of 1.06.
Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. The company had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $7.02 billion. Societe Generale Group had a net margin of 18.10% and a return on equity of 5.57%. Equities research analysts anticipate 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 given a dividend of $0.1797 per share. This represents a dividend yield of 1.62%. The ex-dividend date was Thursday, May 22nd. Societe Generale Group's dividend 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.
See Also
Before you consider Societe Generale Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Societe Generale Group wasn't on the list.
While Societe Generale Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
