Société Générale Société anonyme (SCGLY) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Société Générale Société anonyme in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SCGLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCGLY, but not buy additional shares or sell existing shares.
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7 brokers have issued 1 year price targets for Société Générale Société anonyme's shares. Their SCGLY share price forecasts range from $33.00 to $33.00. On average, they anticipate the company's stock price to reach $33.00 in the next twelve months. This suggests a possible upside of 576.2% from the stock's current price.
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Société Générale Société anonyme's stock was trading at $4.96 at the beginning of the year. Since then, SCGLY stock has decreased by 1.6% and is now trading at $4.88.
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Société Générale Société anonyme saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 407,900 shares, an increase of 43.4% from the August 31st total of 284,400 shares. Based on an average daily trading volume, of 1,455,500 shares, the short-interest ratio is currently 0.3 days.
View Société Générale Société anonyme's Short Interest.

Société Générale Société anonyme (OTCMKTS:SCGLY) announced its quarterly earnings data on Thursday, August, 3rd. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02. The financial services provider earned $6.84 billion during the quarter, compared to analyst estimates of $7.21 billion. Société Générale Société anonyme had a net margin of 16.50% and a trailing twelve-month return on equity of 6.69%.

Société Générale Société anonyme announced a dividend on Thursday, May 25th. Stockholders of record on Friday, May 26th will be paid a dividend of $0.363 per share on Friday, June 16th. The ex-dividend date of this dividend is Thursday, May 25th. This is a boost from the stock's previous dividend of $0.27.
Read our dividend analysis for SCGLY.

Société Générale Société anonyme (OTCMKTS:SCGLY) pays an annual dividend of $0.28 per share and currently has a dividend yield of 5.77%. SCGLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 28.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCGLY will have a dividend payout ratio of 25.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCGLY.

Société Générale Société anonyme trades on the OTCMKTS under the ticker symbol "SCGLY."

Shares of SCGLY 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.
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One share of SCGLY stock can currently be purchased for approximately $4.88.

Société Générale Société anonyme (OTCMKTS:SCGLY) has a market capitalization of $20.03 billion and generates $29.57 billion in revenue each year. The financial services provider earns $2.13 billion in net income (profit) each year or $0.99 on an earnings per share basis.

The company employs 117,576 workers across the globe.

Société Générale Société anonyme's mailing address is 29 Boulevard Haussmann, Paris I0, 75009. The official website for the company is www.societegenerale.com. The financial services provider can be reached via phone at (314) 214-2000 or via email at investor.relations@socgen.com.