BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

BNP Paribas SA (OTCMKTS:BNPQY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 111,300 shares, a growth of 55.0% from the August 31st total of 71,800 shares. Based on an average daily volume of 419,800 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 419,800 shares, the days-to-cover ratio is currently 0.3 days.

BNP Paribas Stock Performance

Shares of BNPQY stock opened at $43.55 on Wednesday. BNP Paribas has a 12-month low of $28.93 and a 12-month high of $49.32. The firm has a market capitalization of $98.42 billion, a price-to-earnings ratio of 8.17, a price-to-earnings-growth ratio of 0.74 and a beta of 1.07. The business has a 50 day simple moving average of $46.20 and a 200 day simple moving average of $44.15. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.65 and a quick ratio of 0.65.

BNP Paribas (OTCMKTS:BNPQY) last issued its quarterly earnings data on Thursday, July 24th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.09. BNP Paribas had a return on equity of 8.40% and a net margin of 22.65%.The business had revenue of $14.27 billion during the quarter, compared to analyst estimates of $12.75 billion. On average, equities research analysts anticipate that BNP Paribas will post 5.02 EPS for the current year.

BNP Paribas Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, October 29th. Shareholders of record on Friday, September 26th will be paid a dividend of $1.2622 per share. This represents a yield of 272.0%. The ex-dividend date of this dividend is Thursday, September 25th. BNP Paribas’s dividend payout ratio (DPR) is presently 58.72%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. DZ Bank upgraded BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Royal Bank Of Canada reiterated an “outperform” rating on shares of BNP Paribas in a research report on Friday, July 25th. Finally, Keefe, Bruyette & Woods lowered BNP Paribas from a “hold” rating to a “moderate sell” rating in a report on Thursday, August 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.