Analysts Issue Forecasts for Barclays FY2027 Earnings

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

Barclays (NYSE:BCS) last released its quarterly earnings results on Tuesday, February 10th. The financial services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. Barclays had a return on equity of 8.33% and a net margin of 21.91%.The company had revenue of $72.64 million for the quarter, compared to analysts’ expectations of $9.23 billion.

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

Barclays Price Performance

BCS opened at $25.12 on Monday. The stock’s 50-day moving average price is $25.92 and its 200 day moving average price is $22.76. Barclays has a 12-month low of $12.14 and a 12-month high of $27.70. The firm has a market cap of $86.74 billion, a price-to-earnings ratio of 10.97, a PEG ratio of 0.48 and a beta of 0.96. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 5.45.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC lifted its position in Barclays by 72.8% in the first quarter. NewEdge Advisors LLC now owns 47,051 shares of the financial services provider’s stock valued at $723,000 after acquiring an additional 19,818 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Barclays by 19.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 23,572 shares of the financial services provider’s stock valued at $438,000 after purchasing an additional 3,868 shares during the last quarter. Bleakley Financial Group LLC boosted its position in shares of Barclays by 3.4% in the 2nd quarter. Bleakley Financial Group LLC now owns 19,389 shares of the financial services provider’s stock valued at $360,000 after purchasing an additional 634 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in shares of Barclays by 5.0% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 15,473 shares of the financial services provider’s stock valued at $288,000 after purchasing an additional 740 shares during the period. Finally, Y Intercept Hong Kong Ltd increased its position in Barclays by 653.0% during the second quarter. Y Intercept Hong Kong Ltd now owns 662,495 shares of the financial services provider’s stock worth $12,316,000 after buying an additional 574,514 shares during the period. 3.39% of the stock is owned by hedge funds and other institutional investors.

Barclays Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, February 20th will be given a dividend of $0.3069 per share. This represents a dividend yield of 236.0%. The ex-dividend date is Friday, February 20th. Barclays’s payout ratio is currently 26.20%.

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.