Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) is projected to issue its results before the market opens on Thursday, October 30th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.
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 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.04. The firm had revenue of $7.71 billion for the quarter, compared to the consensus estimate of $6.58 billion. Societe Generale Group had a net margin of 19.31% and a return on equity of 6.03%. On average, analysts expect Societe Generale Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Societe Generale Group Stock Performance
SCGLY opened at $12.35 on Thursday. Societe Generale Group has a twelve month low of $5.09 and a twelve month high of $14.09. The firm has a market capitalization of $48.48 billion, a PE ratio of 8.76, a PEG ratio of 0.38 and a beta of 1.08. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 3.32. The firm's 50-day moving average price is $13.04 and its 200 day moving average price is $11.69.
Societe Generale Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Friday, October 24th. Stockholders of record on Tuesday, October 7th will be given a $0.109 dividend. The ex-dividend date is Monday, October 6th. This represents a dividend yield of 216.0%. Societe Generale Group's dividend payout ratio is 18.44%.
Wall Street Analysts Forecast Growth
SCGLY has been the subject of several recent research reports. Zacks Research cut Societe Generale Group from a "hold" rating to a "strong sell" rating in a report on Monday, October 6th. UBS Group raised Societe Generale Group from a "neutral" rating to a "buy" rating in a research note on Tuesday, August 5th. Finally, Barclays reissued an "overweight" rating on shares of Societe Generale Group in a research report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy".
Get Our Latest Stock Analysis on Societe Generale Group
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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