Barclays (NYSE:BCS) Releases 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.15, Zacks reports. Barclays had a net margin of 17.83% and a return on equity of 6.30%.

Barclays Stock Performance

BCS stock traded up $0.32 during midday trading on Monday, reaching $14.86. 18,505,319 shares of the company's stock traded hands, compared to its average volume of 15,755,811. Barclays PLC has a 52-week low of $7.24 and a 52-week high of $15.43. The stock has a market cap of $53.60 billion, a P/E ratio of 10.11, a PEG ratio of 0.46 and a beta of 1.41. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 5.67. The stock's 50-day moving average is $13.93 and its 200 day moving average is $12.89.

Barclays Increases Dividend

The firm also recently announced a semi-annual dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.2737 per share. This is a boost from Barclays's previous semi-annual dividend of $0.27. This represents a yield of 2.7%. The ex-dividend date of this dividend is Friday, February 28th. Barclays's dividend payout ratio is currently 20.41%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of 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.