Société Générale Société anonyme (SCGLY) to Issue Dividend of $0.18 on June 12th

Société Générale Société anonyme (OTCMKTS:SCGLY) declared a dividend on Tuesday, May 20th, investing.com reports. Investors of record on Friday, May 23rd will be paid a dividend of 0.1797 per share by the financial services provider on Thursday, June 12th. This represents a yield of 1.62%. The ex-dividend date of this dividend is Thursday, May 22nd.

Société Générale Société anonyme Stock Up 2.2%

OTCMKTS SCGLY opened at $11.12 on Tuesday. The stock has a market capitalization of $44.50 billion, a PE ratio of 11.12, a PEG ratio of 0.26 and a beta of 1.04. Société Générale Société anonyme has a fifty-two week low of $4.30 and a fifty-two week high of $11.13. The business has a fifty day moving average price of $9.44 and a two-hundred day moving average price of $7.47. The company has a debt-to-equity ratio of 3.61, a current ratio of 1.35 and a quick ratio of 1.35.

Société Générale Société anonyme (OTCMKTS:SCGLY) last released its quarterly earnings results on Wednesday, April 30th. The financial services provider reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.04. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%. The company had revenue of $7.45 billion for the quarter, compared to analyst estimates of $7.02 billion. Equities analysts expect that Société Générale Société anonyme will post 1.14 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have issued reports on SCGLY shares. Barclays upgraded Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 27th. Kepler Capital Markets cut Société Générale Société anonyme from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 2nd. Finally, UBS Group downgraded Société Générale Société anonyme from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 8th. Four equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Société Générale Société anonyme 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.