BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

BNP Paribas SA (OTCMKTS:BNPQY) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 111,300 shares, an increase of 55.0% from the August 31st total of 71,800 shares. Based on an average trading volume of 419,800 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 419,800 shares, the short-interest ratio is presently 0.3 days.

BNP Paribas Stock Down 3.8%

Shares of OTCMKTS:BNPQY opened at $44.19 on Tuesday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.65 and a current ratio of 0.65. BNP Paribas has a 52-week low of $28.93 and a 52-week high of $49.32. The business’s 50 day simple moving average is $46.24 and its two-hundred day simple moving average is $44.16. The firm has a market cap of $99.87 billion, a P/E ratio of 8.29, a PEG ratio of 0.77 and a beta of 1.07.

BNP Paribas (OTCMKTS:BNPQY) last issued its earnings results on Thursday, July 24th. The financial services provider reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.09. BNP Paribas had a return on equity of 8.40% and a net margin of 22.65%.The company had revenue of $14.27 billion for the quarter, compared to analyst estimates of $12.75 billion. As a group, research analysts forecast that BNP Paribas will post 5.02 EPS for the current fiscal year.

BNP Paribas Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, October 29th. Shareholders of record on Friday, September 26th will be paid a $1.2622 dividend. This represents a dividend yield of 272.0%. The ex-dividend date of this dividend is Thursday, September 25th. BNP Paribas’s dividend payout ratio (DPR) is 58.72%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on BNPQY shares. DZ Bank raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. Royal Bank Of Canada reissued an “outperform” rating on shares of BNP Paribas in a research note on Friday, July 25th. Finally, Keefe, Bruyette & Woods downgraded shares of BNP Paribas from a “hold” rating to a “moderate sell” rating in a research report on Thursday, August 21st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About BNP Paribas

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.