
Barclays PLC (NYSE:BCS – Free Report) – Investment analysts at Erste Group Bank lowered their FY2026 earnings per share estimates for shares of Barclays in a research report issued to clients and investors on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the financial services provider will post earnings per share of $2.78 for the year, down from their prior forecast of $2.81. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Barclays’ current full-year earnings is $2.00 per share. Erste Group Bank also issued estimates for Barclays’ FY2027 earnings at $3.26 EPS.
Barclays (NYSE:BCS – Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The financial services provider reported $0.46 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 during the quarter, compared to the consensus estimate of $9.23 billion.
Read Our Latest Research Report on BCS
Barclays Stock Performance
NYSE BCS opened at $23.49 on Wednesday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.45. Barclays has a 52-week low of $12.33 and a 52-week high of $27.70. The business’s 50-day moving average price is $23.51 and its 200 day moving average price is $23.13. The firm has a market cap of $81.02 billion, a P/E ratio of 10.26, a P/E/G ratio of 0.42 and a beta of 0.97.
Hedge Funds Weigh In On Barclays
A number of large investors have recently modified their holdings of BCS. Norges Bank purchased a new position in shares of Barclays during the 4th quarter worth approximately $141,248,000. Ameriprise Financial Inc. boosted its position in shares of Barclays by 793.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,777,017 shares of the financial services provider’s stock worth $99,073,000 after purchasing an additional 4,242,360 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Barclays by 4.3% during the 4th quarter. Fisher Asset Management LLC now owns 89,750,069 shares of the financial services provider’s stock worth $2,284,139,000 after purchasing an additional 3,722,757 shares in the last quarter. Main Street Research LLC purchased a new stake in shares of Barclays during the 3rd quarter worth $35,035,000. Finally, BNP Paribas Financial Markets boosted its position in shares of Barclays by 7,013.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,671,369 shares of the financial services provider’s stock worth $31,071,000 after purchasing an additional 1,647,872 shares in the last quarter. 3.39% of the stock is owned by hedge funds and other institutional investors.
Barclays Announces Dividend
The firm also recently announced a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 20th were paid a dividend of $0.3069 per share. This represents a dividend yield of 236.0%. The ex-dividend date of this dividend was Friday, February 20th. Barclays’s dividend payout ratio is 25.33%.
Barclays Company Profile
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.
Recommended Stories
Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.
