Barclays (NYSE:BCS) Releases Quarterly Earnings Results

Barclays PLC (NYSE:BCS) released its quarterly earnings data on Thursday. The financial services provider reported $0.56 EPS for the quarter, Zacks reports. The business had revenue of $8.52 billion for the quarter. Barclays had a return on equity of 5.94% and a net margin of 16.83%. During the same quarter in the prior year, the company posted $0.42 EPS.

Barclays Price Performance

Shares of NYSE:BCS opened at $12.58 on Friday. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 5.98. The company has a market cap of $46.61 billion, a P/E ratio of 9.39, a PEG ratio of 0.68 and a beta of 1.42. Barclays PLC has a 52 week low of $6.23 and a 52 week high of $13.20. The company has a 50-day moving average price of $12.11 and a 200 day moving average price of $11.28.

Barclays Increases Dividend

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

Wall Street Analyst Weigh In

BCS has been the subject of several analyst reports. Kepler Capital Markets initiated coverage on shares of Barclays in a research note on Thursday, September 5th. They issued a “buy” rating for the company. StockNews.com raised Barclays from a “hold” rating to a “buy” rating in a research note on Tuesday, July 9th. Finally, The Goldman Sachs Group began coverage on Barclays in a research note on Tuesday, October 8th. They issued a “buy” rating on the stock. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat, Barclays currently has a consensus rating of “Moderate Buy”.

Barclays Company Profile

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.