Société Générale Société anonyme (OTCMKTS:SCGLY) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the six analysts that are currently covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

Several research firms have recently commented on SCGLY. UBS Group cut shares of Société Générale Société anonyme from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 8th. Kepler Capital Markets lowered Société Générale Société anonyme from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 2nd.

Société Générale Société anonyme Trading Up 2.4%

Shares of SCGLY traded up $0.26 during midday trading on Wednesday, hitting $11.23. The stock had a trading volume of 415,332 shares, compared to its average volume of 638,769. The business has a 50-day simple moving average of $9.85 and a two-hundred day simple moving average of $7.88. The firm has a market cap of $44.94 billion, a P/E ratio of 11.23, a price-to-earnings-growth ratio of 0.26 and a beta of 1.04. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.61. Société Générale Société anonyme has a fifty-two week low of $4.30 and a fifty-two week high of $11.41.

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) last issued its earnings results 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 company had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $7.02 billion. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%. As a group, equities analysts forecast that Société Générale Société anonyme will post 1.14 EPS for the current year.

Société Générale Société anonyme Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.1797 per share. The ex-dividend date is Thursday, May 22nd. This represents a dividend yield of 1.62%. Société Générale Société anonyme's dividend payout ratio (DPR) is presently 12.40%.

About Société Générale Société anonyme

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.