Absa Group (AGRPY) Stock Price, News & Analysis

Company Overview

Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. It offers retail and business banking products and services; life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship and transactional banking services; mobile payments; and savings and investment products and services. In addition, it offers insurance and financial advisory, stockbroking and portfolio management, and trust administrative services, as well as operates a digital advice platform and a direct sales service center. Further, the company provides trade and working capital, cash management, payment, and liquidity products and solutions; and investment banking, private equity and infrastructure investment, and commercial property financing services. Additionally, it offers broker-dealer trading in debt and equity securities; and solicitation, syndication, selling, and arranging of equity and debt products, as well as financial, leasing, and management services. The company was formerly known as Barclays Africa Group Limited and changed its name to Absa Group Limited in May 2018. Absa Group Limited was incorporated in 1986 and is based in Johannesburg, South Africa.

Key Stats

• Today's Range: $19.81 to $19.81
• 50-Day Range: $15.86 to $19.81
• 52-Week Range: $14.36 to $21.02
• Volume: 16 shs
• Average Volume: 1,598 shs
• Market Capitalization: N/A
• P/E Ratio: 0.67
• Dividend Yield: 69.56%
• Price Target: N/A
• Consensus Rating: N/A

Absa Group Stock Analysis - MarketRank™

Absa Group scored higher than 37% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Absa Group.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Absa Group is 0.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.19.

Price to Earnings Ratio vs. Sector

The P/E ratio of Absa Group is 0.67, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 421.02.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Absa Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Absa Group has recently decreased by 66.67%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Absa Group is a leading dividend payer. It pays a dividend yield of 4.02%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Absa Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Absa Group is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Absa Group has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Absa Group has recently decreased by 66.67%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: N/A

News Sentiment

Absa Group has a news sentiment score of 0.31. 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 0.49 average news sentiment score of Financial Services companies.

Search Interest

1 people have searched for AGRPY on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Absa Group insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.01% of the stock of Absa Group is held by institutions.

AGRPY Stock Analysis - Frequently Asked Questions

How have AGRPY shares performed this year?

Absa Group's stock was trading at $17.21 at the beginning of 2024. Since then, AGRPY stock has increased by 15.1% and is now trading at $19.8073.
View the best growth stocks for 2024 here.

How do I buy shares of Absa Group?

Shares of AGRPY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 9/26 Dividend: 9/13/2024
• Today: 9/20/2024
• Dividend Payable: 9/26/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Financial Services
• Industry: Banks—Regional
• Sub-Industry: Personal Services
• Current Symbol: OTCMKTS:AGRPY
• CUSIP: N/A
• CIK: N/A
• Web: www.barclaysafrica.com
• Phone: (711) 350-4000
• Fax: N/A
• Employees: 37,107
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 0.67
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A