Barclays FY2026 EPS Estimate Reduced by Erste Group Bank

Barclays PLC (NYSE:BCS) – Erste Group Bank lowered their FY2026 earnings per share estimates for Barclays in a research note issued on Tuesday, March 24th. Erste Group Bank analyst H. Engel now expects that the financial services provider will earn $2.81 per share for the year, down from their previous estimate of $2.82. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Barclays’ current full-year earnings is $2.00 per share.

Barclays (NYSE:BCS) last issued its quarterly earnings data on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.04. Barclays had a net margin of 21.91% and a return on equity of 8.33%. The firm had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.23 billion.

Several other equities analysts have also issued reports on the company. Morgan Stanley reissued an “overweight” rating on shares of Barclays in a research note on Wednesday, February 11th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research report on Friday, February 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Barclays in a research note on Tuesday, December 23rd. Zacks Research lowered Barclays from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 19th. Finally, Citigroup reiterated a “neutral” rating on shares of Barclays in a research note on Thursday, January 22nd. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Barclays Price Performance

Barclays stock opened at $20.24 on Friday. The company’s 50 day simple moving average is $24.23 and its 200-day simple moving average is $23.05. The company has a debt-to-equity ratio of 5.45, a quick ratio of 1.39 and a current ratio of 1.39. Barclays has a 1 year low of $12.14 and a 1 year high of $27.70. The company has a market capitalization of $69.78 billion, a price-to-earnings ratio of 8.84, a price-to-earnings-growth ratio of 0.40 and a beta of 0.95.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Illumine Investment Management LLC purchased a new stake in shares of Barclays during the 3rd quarter worth approximately $2,195,000. Todd Asset Management LLC grew its position in shares of Barclays by 4.0% in the 3rd quarter. Todd Asset Management LLC now owns 3,516,095 shares of the financial services provider’s stock valued at $72,678,000 after buying an additional 134,560 shares during the last quarter. New York State Common Retirement Fund grew its position in shares of Barclays by 10.4% in the 3rd quarter. New York State Common Retirement Fund now owns 1,830,351 shares of the financial services provider’s stock valued at $37,833,000 after buying an additional 172,944 shares during the last quarter. Cibc World Market Inc. raised its stake in Barclays by 226.9% during the 3rd quarter. Cibc World Market Inc. now owns 262,678 shares of the financial services provider’s stock worth $5,430,000 after acquiring an additional 182,318 shares in the last quarter. Finally, Voya Investment Management LLC raised its stake in Barclays by 39.5% during the 3rd quarter. Voya Investment Management LLC now owns 146,796 shares of the financial services provider’s stock worth $3,034,000 after acquiring an additional 41,585 shares in the last quarter. Hedge funds and other institutional investors own 3.39% of the company’s stock.

Barclays Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 20th will be paid a dividend of $0.3069 per share. The ex-dividend date is Friday, February 20th. This represents a dividend yield of 236.0%. Barclays’s payout ratio is presently 25.33%.

About Barclays

Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.

In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.