Barclays (NYSE:BCS) Issues Earnings Results

Barclays PLC (NYSE:BCS) released its earnings results on Tuesday. The financial services provider reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.15, Zacks reports. Barclays had a net margin of 20.81% and a return on equity of 7.74%.

Barclays Stock Performance

Shares of BCS stock opened at $15.39 on Thursday. The firm’s 50 day moving average is $14.03 and its 200 day moving average is $12.97. The stock has a market capitalization of $55.47 billion, a P/E ratio of 8.36, a PEG ratio of 0.40 and a beta of 1.41. Barclays PLC has a 12 month low of $8.18 and a 12 month high of $15.65. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 5.33.

Barclays Increases Dividend

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

Analyst Ratings Changes

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

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.