Erste Group Bank Weighs in on Barclays FY2027 Earnings

Barclays PLC (NYSE:BCS) – Analysts at Erste Group Bank issued their FY2027 earnings per share (EPS) estimates for Barclays in a research report issued to clients and investors on Wednesday, February 18th. Erste Group Bank analyst H. Engel forecasts that the financial services provider will post earnings per share of $3.42 for the year. The consensus estimate for Barclays’ current full-year earnings is $2.00 per share.

A number of other research analysts have also recently commented on the stock. Morgan Stanley reissued an “overweight” rating on shares of Barclays in a research report on Wednesday, February 11th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Barclays in a report on Friday, February 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Barclays in a research report on Tuesday, December 23rd. Citigroup reaffirmed a “neutral” rating on shares of Barclays in a research report on Thursday, January 22nd. Finally, Zacks Research raised Barclays from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Barclays currently has an average rating of “Buy”.

Barclays Stock Up 0.2%

NYSE BCS opened at $25.97 on Monday. 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 fifty-two week low of $12.14 and a fifty-two week high of $27.70. The business has a 50 day moving average price of $25.90 and a two-hundred day moving average price of $22.72. The stock has a market cap of $89.71 billion, a PE ratio of 11.34, a P/E/G ratio of 0.48 and a beta of 0.96.

Barclays (NYSE:BCS) last issued its earnings results on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.04. The company had revenue of $72.64 million during the quarter, compared to the consensus estimate of $9.23 billion. Barclays had a return on equity of 8.33% and a net margin of 21.91%.

Barclays Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, February 20th will be paid a $0.3069 dividend. This represents a yield of 236.0%. The ex-dividend date is Friday, February 20th. Barclays’s dividend payout ratio (DPR) is 26.20%.

Institutional Trading of Barclays

Several institutional investors and hedge funds have recently bought and sold shares of BCS. Dorsey Wright & Associates grew its position in shares of Barclays by 2.7% in the 4th quarter. Dorsey Wright & Associates now owns 107,134 shares of the financial services provider’s stock worth $2,727,000 after acquiring an additional 2,845 shares in the last quarter. Mcguire Capital Advisors Inc. acquired a new position in Barclays in the fourth quarter worth $127,000. EP Wealth Advisors LLC bought a new stake in Barclays during the fourth quarter valued at $457,000. NewEdge Advisors LLC increased its stake in Barclays by 13.8% during the fourth quarter. NewEdge Advisors LLC now owns 54,471 shares of the financial services provider’s stock valued at $1,386,000 after purchasing an additional 6,617 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in shares of Barclays during the fourth quarter worth $652,000. Institutional investors and hedge funds own 3.39% of the company’s stock.

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.