Barclays (NYSE:BCS) Issues Earnings Results, Beats Expectations By $0.15 EPS

Barclays PLC (NYSE:BCS) issued its earnings results on Tuesday. The financial services provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.19 by $0.15, Zacks reports. Barclays had a return on equity of 7.74% and a net margin of 20.81%.

Barclays Price Performance

Barclays stock opened at $15.39 on Thursday. The stock has a market cap of $55.47 billion, a price-to-earnings ratio of 8.36, a PEG ratio of 0.40 and a beta of 1.41. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 5.33. The business has a 50-day simple moving average of $14.03 and a 200 day simple moving average of $12.97. Barclays PLC has a 52 week low of $8.18 and a 52 week high of $15.65.

Barclays Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, April 4th. Investors of record on Friday, February 28th will be given a $0.2737 dividend. This represents a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, February 28th. This is an increase from Barclays’s previous semi-annual dividend of $0.27. Barclays’s dividend payout ratio (DPR) is 16.30%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Barclays from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 16th.

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.