Societe Generale Group (OTCMKTS:SCGLY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Societe Generale Group (OTCMKTS:SCGLY) has earned a consensus recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.

A number of equities analysts have weighed in on the company. UBS Group cut Societe Generale Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 8th. Kepler Capital Markets cut shares of Societe Generale Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 2nd.

Societe Generale Group Price Performance

SCGLY stock opened at $11.68 on Friday. The company has a market cap of $46.74 billion, a PE ratio of 9.05, a price-to-earnings-growth ratio of 0.28 and a beta of 1.06. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.43. The stock has a 50-day moving average price of $10.95 and a two-hundred day moving average price of $8.72. Societe Generale Group has a 12-month low of $4.30 and a 12-month high of $11.70.

Societe Generale Group (OTCMKTS:SCGLY) last issued its earnings results on Wednesday, April 30th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. The business had revenue of $7.45 billion during the quarter, compared to analysts’ expectations of $7.02 billion. Societe Generale Group had a return on equity of 5.57% and a net margin of 18.10%. As a group, research analysts predict that Societe Generale Group will post 1.14 EPS for the current year.

Societe Generale Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 12th. Investors of record on Friday, May 23rd were paid a $0.1797 dividend. This represents a dividend yield of 1.62%. The ex-dividend date of this dividend was Thursday, May 22nd. Societe Generale Group’s dividend payout ratio (DPR) is 12.40%.

Societe Generale Group Company Profile

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.