Erste Group Bank Estimates Barclays FY2027 Earnings

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

Barclays (NYSE:BCS) last announced its quarterly earnings results on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.04. Barclays had a return on equity of 8.33% and a net margin of 21.91%.

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

Barclays Stock Performance

BCS stock opened at $25.16 on Monday. Barclays has a 1 year low of $12.14 and a 1 year high of $27.70. The stock has a market capitalization of $86.90 billion, a price-to-earnings ratio of 10.99, a PEG ratio of 0.46 and a beta of 0.96. The company has a debt-to-equity ratio of 5.45, a quick ratio of 1.39 and a current ratio of 1.39. The stock’s fifty day moving average is $25.94 and its two-hundred day moving average is $22.80.

Hedge Funds Weigh In On Barclays

A number of hedge funds and other institutional investors have recently modified their holdings of BCS. Illumine Investment Management LLC acquired a new stake in shares of Barclays during the 3rd quarter valued at about $2,195,000. Todd Asset Management LLC lifted its stake in Barclays by 4.0% in the third quarter. Todd Asset Management LLC now owns 3,516,095 shares of the financial services provider’s stock valued at $72,678,000 after acquiring an additional 134,560 shares during the last quarter. New York State Common Retirement Fund grew its position in Barclays by 10.4% in the third quarter. New York State Common Retirement Fund now owns 1,830,351 shares of the financial services provider’s stock worth $37,833,000 after acquiring an additional 172,944 shares in the last quarter. RWA Wealth Partners LLC acquired a new position in shares of Barclays during the 2nd quarter worth $654,000. Finally, Voya Investment Management LLC increased its stake in shares of Barclays by 39.5% during the 3rd quarter. Voya Investment Management LLC now owns 146,796 shares of the financial services provider’s stock worth $3,034,000 after purchasing an additional 41,585 shares during the last quarter. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 20th will be paid a dividend of $0.3069 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a dividend yield of 236.0%. Barclays’s dividend payout ratio (DPR) is currently 25.76%.

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.