Barclays (BCS) to Release Earnings on Thursday

Barclays (NYSE:BCS) will be announcing its earnings results before the market opens on Thursday, October 24th.

Barclays (NYSE:BCS) last announced its earnings results on Thursday, August 1st. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. The firm had revenue of $7.98 billion for the quarter. Barclays had a net margin of 16.83% and a return on equity of 5.94%. During the same quarter in the prior year, the company posted $0.43 earnings per share. On average, analysts expect Barclays to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Barclays Price Performance

Shares of BCS stock opened at $12.53 on Thursday. The company has a debt-to-equity ratio of 5.98, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market capitalization of $46.42 billion, a P/E ratio of 9.35, a P/E/G ratio of 0.68 and a beta of 1.42. The company’s 50-day simple moving average is $11.94 and its two-hundred day simple moving average is $11.15. Barclays has a one year low of $6.23 and a one year high of $12.57.

Barclays Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, August 16th were paid a dividend of $0.2684 per share. The ex-dividend date was Friday, August 16th. This is an increase from Barclays’s previous semi-annual dividend of $0.27. This represents a dividend yield of 3.6%. Barclays’s dividend payout ratio (DPR) is currently 21.64%.

Wall Street Analysts Forecast Growth

BCS has been the subject of several recent research reports. StockNews.com raised shares of Barclays from a “hold” rating to a “buy” rating in a report on Tuesday, July 9th. Kepler Capital Markets started coverage on shares of Barclays in a research report on Thursday, September 5th. They set a “buy” rating on the stock. Finally, The Goldman Sachs Group assumed coverage on shares of Barclays in a research note on Tuesday, October 8th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About Barclays

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International division segments. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.