NYSE:CS

Credit Suisse Group (CS) Stock Forecast, Price & News

$0.82

-0.03 (-3.52%)

(As of 05/31/2023 ET)

Compare

Today's Range: $0.82
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$0.84
50-Day Range: $0.82
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$0.96
52-Week Range: $0.82
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$7.25

Volume: 24.91 million shs
Average Volume: 36.48 million shs
Market Capitalization: $2.56 billion

P/E Ratio: 1.26
Dividend Yield: N/A
Price Target: $4.73

Credit Suisse Group MarketRank™ Forecast

Analyst Rating: Hold
1.75 Rating Score
Upside/Downside: 475.9% Upside
$4.73 Price Target
Short Interest: Healthy
1.11% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.28
Based on 26 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

Finance Sector

693rd out of 901 stocks

Security Brokers & Dealers Industry

17th out of 25 stocks

2.9

Analyst's Opinion

Consensus Rating
Credit Suisse Group has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on 2 buy ratings, 5 hold ratings, and 5 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.73, Credit Suisse Group has a forecasted upside of 475.9% from its current price of $0.82.
Amount of Analyst Coverage
Credit Suisse Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.11% of the outstanding shares of Credit Suisse Group have been sold short.
Short Interest Ratio / Days to Cover
Credit Suisse Group has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Credit Suisse Group has recently decreased by 18.05%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Credit Suisse Group does not currently pay a dividend.
Dividend Growth
Credit Suisse Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CS.

1.3

News and Social Media Coverage

News Sentiment
Credit Suisse Group has a news sentiment score of 0.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 26 news articles for Credit Suisse Group this week, compared to 32 articles on an average week.
Search Interest
Only 13 people have searched for CS on MarketBeat in the last 30 days. This is a decrease of -72% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added Credit Suisse Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Credit Suisse Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 11.20% of the stock of Credit Suisse Group is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Credit Suisse Group is 1.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Credit Suisse Group is 1.26, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 163.76.
Price to Book Value per Share Ratio
Credit Suisse Group has a P/B Ratio of 0.04. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Credit Suisse Group (NYSE:CS) Stock

Credit Suisse Group AG is a holding company, which engages in the provision of financial services. It operates through the following four divisions: Wealth Management, Investment Bank, Swiss Bank and Asset Management and four geographic regions: Switzerland, Europe, the Middle East and Africa (EMEA), Asia Pacific, and Americas. The Wealth Management division offers comprehensive wealth management and investment solutions, tailored financing, and advisory services to ultra-high-net-worth (UHNW) and high net-worth (HNW) individuals and external asset managers. The Investment Bank division offers a broad range of financial products and services focused on client-driven businesses and also supports Credit Suisse's Wealth Management division and its clients. The Swiss Bank division offers comprehensive advice and a wide range of financial solutions to private, corporate, and institutional clients in Switzerland. The Asset Management division offers investment solutions and services globally to a broad range of clients, including pension funds, governments, foundations and endowments, corporations, and individuals. The company was founded by Alfred Escher on July 5, 1856 and is headqua

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CS Stock News Headlines

May 26, 2023 | marketbeat.com

Credit Suisse owes millions to Georgia's billionaire ex-prime minister, court says

A Singapore court says Credit Suisse owes billionaire and former Georgian Prime Minister Bidzina Ivanishvili hundreds of millions of dollars for failing to protect his money in a trust pilfered by a manager

May 15, 2023 | marketbeat.com

Analysts Upgrade GXO Logistics, Its First Quarter Says It All (CS)

GXO Logistics gets upgrades all around from analysts, as the real profitability growth is missed during the first quarter.

June 1, 2023 | Behind the Markets (Ad)

Is This The End Of Your Retirement?

Soon, the U.S. Government is going to make an announcement that could radically alter your retirement. Two of America's largest banks - Goldman Sachs and J.P. Morgan - have quietly warned their richest clients to prepare for it. The clock is ticking. Find out How to Protect Yourself from the Greatest Crisis Facing Retirees in 70 Years before it's too late.

May 15, 2023 | marketbeat.com

Bargain or Bust? Is Dish Network Stock Overcooked? (CS)

Satellite communications provider DISH Network Co. (NASDAQ: DISH) stock has been in a death spiral, hitting price levels not seen since 1999.

May 8, 2023 | marketbeat.com

Is the Market Reacting Too Negatively to Pinterest Earnings? (CS)

Social commerce platform Pinterest Inc. (NASDAQ: PINS) stock collapsed (25%) after its Q1 2023 earnings report. Shares have fallen (8.2%) for the year.

May 31, 2023 | reuters.com

Credit Suisse bankers leaving by the hundreds every week

May 31, 2023 | finance.yahoo.com

Credit Suisse-UBS Merger Derails China Bank Incorporation Plan

May 31, 2023 | barrons.com

Credit Suisse Shares No Longer Fit For New York Listing

June 1, 2023 | Behind the Markets (Ad)

"How war impacts the stock market"

Russia's invasion of Ukraine has already sent the stock market down 10%. But that's just the opening act for the new Russia-China Alliance. There's a major event involving China that's heating up... and it could boil over as soon as April 16th, 2023. Click Here to Learn How to Protect Your Retirement

May 31, 2023 | cnbc.com

Credit Suisse drops China bank plan to avoid regulatory conflict under UBS, sources tell Reuters

May 31, 2023 | finance.yahoo.com

Credit Suisse bankers leaving by the hundreds every week - sources

May 31, 2023 | washingtonpost.com

Libor Scandals, Credit Suisse and the Value of Transparency

May 30, 2023 | finance.yahoo.com

SVB’s collapse was one thing, Credit Suisse’s quite another

May 30, 2023 | americanbankingnews.com

Analysts Set Credit Suisse Group AG (NYSE:CS) PT at $3.63

May 26, 2023 | msn.com

Credit Suisse owes millions to Georgia’s billionaire ex-prime minister, court says

May 26, 2023 | cnn.com

Credit Suisse ordered to pay $926 million to Georgia’s former prime minister

May 26, 2023 | news.yahoo.com

Billionaire wins $926 mln from Credit Suisse

May 26, 2023 | msn.com

Credit Suisse ordered to pay $926M to former Georgia PM in fraud case

May 26, 2023 | msn.com

Credit Suisse loses $900 million lawsuit to former Georgia prime minister

May 26, 2023 | msn.com

Credit Suisse loses Singapore lawsuit filed by Georgian billionaire Ivanishvili (updated)

May 26, 2023 | finance.yahoo.com

Israeli Cyber Company NSO Group Has New Ownership After U.S. Blacklist

May 26, 2023 | wsj.com

Credit Suisse Ordered to Pay Hundreds of Millions of Dollars to Georgian Tycoon

May 26, 2023 | reuters.com

Georgian billionaire wins $926 mln from Credit Suisse after fraud

May 26, 2023 | msn.com

Credit Suisse Ordered To Pay Georgia’s Richest Man $926 Million After Fraud Scandal

May 26, 2023 | msn.com

Credit Suisse liquidity support from government should be soon repaid - minister

May 25, 2023 | msn.com

Pembina raised at Credit Suisse as expansion initiatives to drive gains

May 25, 2023 | barrons.com

EU Clears UBS Takeover Of Credit Suisse

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CS Company Calendar

Last Earnings: 7/29/2021
Ex-Dividend for 4/24 Dividend: 4/10/2023
Dividend Payable: 4/24/2023
Today: 5/31/2023
Next Earnings (Estimated): 7/26/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Security brokers & dealers
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:CS
Previous Symbol: NYSE:CSR
CUSIP: N/A
CIK: 1159510
Web: www.credit-suisse.com
Phone: (144) 333-1111
Fax: 41-44-333-1790
Employees: 50,480
Year Founded: 1856

Price Target and Rating

Average Stock Price Forecast: $4.73
High Stock Price Forecast: $6.60
Low Stock Price Forecast: $2.90
Forecasted Upside/Downside: +475.9%
Consensus Rating: Hold
Rating Score (0-4): 1.75
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.65
Trailing P/E Ratio: 1.26
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-7,642,330,000.00
Net Margins: 15.12%
Pretax Margin: 26.61%
Return on Equity: 23.83%
Return on Assets: 1.81%

Debt

Debt-to-Equity Ratio: 2.79
Current Ratio: 1.53
Quick Ratio: 1.53

Sales & Book Value

Annual Sales: $22.88 billion
Price / Sales: 0.11
Cash Flow: $0.24 per share
Price / Cash Flow: 3.46
Book Value: $18.84 per share
Price / Book: 0.04

Miscellaneous

Outstanding Shares: 3,112,790,000
Free Float: N/A
Market Cap: $2.56 billion
Optionable: Optionable
Beta: 1.27

Social Links

Key Executives

Ulrich Körner
Group Chief Executive Officer

Francesca Jane McDonagh
Chief Operating Officer

Dixit Joshi
Chief Financial Officer

Joanne Hannaford
Chief Technology Officer

Nita Patel
Chief Compliance Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CS Stock - Frequently Asked Questions

Should I buy or sell Credit Suisse Group stock right now?: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Credit Suisse Group in the last twelve months. There are currently 5 sell ratings, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CS, but not buy additional shares or sell existing shares.
View CS analyst ratings or view top-rated stocks.
What is Credit Suisse Group's stock price forecast for 2023?: 12 Wall Street research analysts have issued 12-month price targets for Credit Suisse Group's shares. Their CS share price forecasts range from $2.90 to $6.60. On average, they anticipate the company's stock price to reach $4.73 in the next year. This suggests a possible upside of 475.9% from the stock's current price.
View analysts price targets for CS or view top-rated stocks among Wall Street analysts.
How have CS shares performed in 2023?: Credit Suisse Group's stock was trading at $3.04 at the start of the year. Since then, CS stock has decreased by 73.0% and is now trading at $0.8211.
View the best growth stocks for 2023 here.
Are investors shorting Credit Suisse Group?: Credit Suisse Group saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 34,630,000 shares, a decline of 18.1% from the April 30th total of 42,260,000 shares. Based on an average daily volume of 44,720,000 shares, the short-interest ratio is presently 0.8 days.
View Credit Suisse Group's Short Interest.
When is Credit Suisse Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our CS earnings forecast.
How were Credit Suisse Group's earnings last quarter?: Credit Suisse Group AG (NYSE:CS) posted its earnings results on Thursday, July, 29th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.11. The financial services provider had revenue of $5.60 billion for the quarter. Credit Suisse Group had a net margin of 15.12% and a trailing twelve-month return on equity of 23.83%.
How often does Credit Suisse Group pay dividends? What is the dividend yield for Credit Suisse Group?: Credit Suisse Group announced a -- dividend on Friday, March 24th. Stockholders of record on Tuesday, April 11th will be given a dividend of $0.0547 per share on Monday, April 24th. This represents a dividend yield of 4.5%. The ex-dividend date is Monday, April 10th. This is an increase from the stock's previous -- dividend of $0.05.
Read our dividend analysis for CS.
What is Darren Pylot's approval rating as Credit Suisse Group's CEO?: 14 employees have rated Credit Suisse Group Chief Executive Officer Darren Pylot on Glassdoor.com. Darren Pylot has an approval rating of 60% among the company's employees. This puts Darren Pylot in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Credit Suisse Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Credit Suisse Group investors own include AT&T (T), Bank of America (BAC), Intel (INTC), Citigroup (C), Pfizer (PFE), JPMorgan Chase & Co. (JPM), Wells Fargo & Company (WFC), General Electric (GE), Walmart (WMT) and Energy Transfer (ET).
What is Credit Suisse Group's stock symbol?: Credit Suisse Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "CS."
Who are Credit Suisse Group's major shareholders?: Credit Suisse Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (1.67%), Two Sigma Investments LP (0.43%), Two Sigma Advisers LP (0.27%), Group One Trading L.P. (0.00%), Dimensional Fund Advisors LP (0.10%) and Citigroup Inc. (0.10%).
How do I buy shares of Credit Suisse Group?: Shares of CS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Credit Suisse Group's stock price today?: One share of CS stock can currently be purchased for approximately $0.82.
How much money does Credit Suisse Group make?: Credit Suisse Group (NYSE:CS) has a market capitalization of $2.56 billion and generates $22.88 billion in revenue each year. The financial services provider earns $-7,642,330,000.00 in net income (profit) each year or $0.65 on an earnings per share basis.
How many employees does Credit Suisse Group have?: The company employs 50,480 workers across the globe.
Does Credit Suisse Group have any subsidiaries?: The following companies are subsidiares of Credit Suisse Group: Alpine Securitization LTD, Asset Management Finance Corporation, Asset Management Finance LLC, BANK-now AG, Banco Credit Suisse (Brasil) S.A., Banco Credit Suisse (México) S.A., Banco de Investimentos Credit Suisse (Brasil) S.A., Banco de Investimentos Garantia, Bank Leu, Boston Re Ltd., CS LP Holding AG, CS Non-Traditional Products Ltd., CSAM Americas Holding Corp., Casa de Bolsa Credit Suisse (México) S.A. de C.V., Column Financial Inc., Commercial General Union, Credit Suisse (Australia) Limited Australia AUD 34.1 100, Credit Suisse (Brasil) S.A. Corretora de Titulos e Valores Mobiliários, Credit Suisse (Deutschland) Aktiengesellschaft, Credit Suisse (Hong Kong) Limited, Credit Suisse (Italy) S.p.A., Credit Suisse (Luxembourg) S.A., Credit Suisse (Poland) SP. z o.o, Credit Suisse (Qatar) LLC, Credit Suisse (Schweiz) AG, Credit Suisse (Singapore) Limited, Credit Suisse (UK) Limited, Credit Suisse (USA) Inc., Credit Suisse AG, Credit Suisse Asset Management, Credit Suisse Asset Management (UK) Holding Limited, Credit Suisse Asset Management International Holding Ltd, Credit Suisse Asset Management Investments Ltd, Credit Suisse Asset Management LLC, Credit Suisse Asset Management Limited, Credit Suisse Atlas I Investments (Luxembourg) S.à.r.l., Credit Suisse Brazil (Bahamas) Limited, Credit Suisse Business Analytics (India) Private Limited, Credit Suisse Capital LLC, Credit Suisse Energy LLC, Credit Suisse Equities (Australia) Limited, Credit Suisse Finance (India) Private Limited, Credit Suisse First Boston (Latam Holdings) LLC, Credit Suisse First Boston Finance B.V., Credit Suisse First Boston Mortgage Capital LLC, Credit Suisse First Boston Next Fund Inc., Credit Suisse Fund Management S.A., Credit Suisse Fund Services (Luxembourg) S.A., Credit Suisse Funds AG, Credit Suisse Group Finance (U.S.) Inc., Credit Suisse Hedging-Griffo Corretora de Valores S.A., Credit Suisse Holding Europe (Luxembourg) S.A., Credit Suisse Holdings (Australia) Limited, Credit Suisse Holdings (USA) Inc., Credit Suisse Hypotheken AG, Credit Suisse Insurance Linked Strategies Ltd, Credit Suisse International, Credit Suisse InvestLab AG, Credit Suisse Istanbul Menkul Degerler A.S., Credit Suisse Leasing 92A L.P., Credit Suisse Life & Pensions AG, Credit Suisse Life (Bermuda) Ltd., Credit Suisse Loan Funding LLC, Credit Suisse Management LLC, Credit Suisse PSL GmbH, Credit Suisse Prime Securities Services (USA) LLC, Credit Suisse Private Equity LLC, Credit Suisse Saudi Arabia, Credit Suisse Securities (Canada) Inc., Credit Suisse Securities (Europe) Limited, Credit Suisse Securities (Hong Kong) Limited, Credit Suisse Securities (India) Private Limited, Credit Suisse Securities (Japan) Limited, Credit Suisse Securities (Johannesburg) Proprietary Limited, Credit Suisse Securities (Malaysia) Sdn. Bhd., Credit Suisse Securities (Moscow), Credit Suisse Securities (Singapore) Pte Limited, Credit Suisse Securities (Thailand) Limited, Credit Suisse Securities (USA) LLC, Credit Suisse Services (India) Private Limited, Credit Suisse Services (USA) LLC, Credit Suisse Services AG, Credit Suisse Trust AG, Credit Suisse Trust Holdings Limited, DLJ Merchant Banking Funding Inc, DLJ Mortgage Capital Inc., Donaldson Lufkin & Jenrette, Fides Treasury Services AG, Fortis Bank Nederland - Prime Fund Solutions Business, General de Valores y Cambios, HOLT Value Associates, Hedging-Griffo, Hindal - Corporate Advisory Business, Immobilien Kapitalanlagegesellschaft mbH, Inreska Limited, JO Hambro Investment Management, JSC “Bank Credit Suisse (Moscow)”, Lime Residential Ltd, Merban Equity AG, Merchant Holding LLC, Morgan Stanley - Wealth Management Businesses in EMEA, Neue Aargauer Bank AG, PT Credit Suisse Sekuritas Indonesia, SLC Asset Management, SPS Holding Corporation, SVC – AG für KMU Risikokapital, Savoy Hotel Baur en Ville AG, Solar Investco II Ltd., Tradeplus24, Vojensky Otevreny Penzijni Fond, Volksbank, and Warburg Pincus Asset Management.
Read More
How can I contact Credit Suisse Group?: Credit Suisse Group's mailing address is PARADEPLATZ 8, ZURICH V8, 8001. The official website for the company is www.credit-suisse.com. The financial services provider can be reached via phone at (144) 333-1111, via email at investor.relations@credit-suisse.com, or via fax at 41-44-333-1790.

This page (NYSE:CS) was last updated on 6/1/2023 by MarketBeat.com Staff

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Credit Suisse Group (CS) Stock Forecast, Price & News

Credit Suisse Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Credit Suisse Group (NYSE:CS) Stock

CS Stock News Headlines

CS Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

CS Stock - Frequently Asked Questions

Overall MarketRank^™