Erste Group Bank Decreases Earnings Estimates for Barclays

Barclays PLC (NYSE:BCS) – Equities research analysts at Erste Group Bank dropped their FY2026 EPS estimates for Barclays in a report issued on Thursday, April 2nd. Erste Group Bank analyst H. Engel now expects that the financial services provider will earn $2.78 per share for the year, down from their prior forecast of $2.81. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Barclays’ current full-year earnings is $2.00 per share. Erste Group Bank also issued estimates for Barclays’ FY2027 earnings at $3.26 EPS.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of Barclays in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Barclays in a report on Tuesday, December 23rd. Zacks Research cut shares of Barclays from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 19th. Citigroup reaffirmed a “neutral” rating on shares of Barclays in a report on Thursday, January 22nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a report on Friday, February 13th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Barclays currently has an average rating of “Moderate Buy”.

Barclays Trading Down 0.2%

NYSE BCS opened at $21.89 on Wednesday. The company has a fifty day simple moving average of $23.57 and a two-hundred day simple moving average of $23.13. The stock has a market cap of $75.47 billion, a P/E ratio of 9.56, a P/E/G ratio of 0.42 and a beta of 0.97. Barclays has a 12-month low of $12.33 and a 12-month high of $27.70. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.45.

Barclays (NYSE:BCS) last issued its quarterly earnings results on Tuesday, February 10th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. The business had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.23 billion. Barclays had a net margin of 21.91% and a return on equity of 8.33%.

Institutional Trading of Barclays

A number of hedge funds and other institutional investors have recently made changes to their positions in BCS. NewEdge Advisors LLC increased its stake in shares of Barclays by 72.8% in the first quarter. NewEdge Advisors LLC now owns 47,051 shares of the financial services provider’s stock worth $723,000 after acquiring an additional 19,818 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Barclays by 19.6% in the second quarter. Sivia Capital Partners LLC now owns 23,572 shares of the financial services provider’s stock worth $438,000 after acquiring an additional 3,868 shares during the period. Rhumbline Advisers increased its stake in shares of Barclays by 6.8% in the second quarter. Rhumbline Advisers now owns 45,179 shares of the financial services provider’s stock worth $840,000 after acquiring an additional 2,885 shares during the period. M&T Bank Corp increased its stake in shares of Barclays by 8.0% in the second quarter. M&T Bank Corp now owns 25,507 shares of the financial services provider’s stock worth $474,000 after acquiring an additional 1,900 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Barclays by 26.4% in the second quarter. EverSource Wealth Advisors LLC now owns 12,755 shares of the financial services provider’s stock worth $237,000 after acquiring an additional 2,663 shares during the period. Institutional investors and hedge funds own 3.39% of the company’s stock.

Barclays Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, February 20th were paid a $0.3069 dividend. The ex-dividend date was Friday, February 20th. This represents a dividend yield of 236.0%. Barclays’s dividend payout ratio is presently 25.33%.

About Barclays

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.