BT Group PLC (NYSE:BT) Set to Announce Quarterly Earnings on Friday
BT Group PLC (NYSE:BT) is scheduled to issue its quarterly earnings data before the market opens on Friday, July 28th.
BT Group PLC (NYSE:BT) last issued its quarterly earnings results on Wednesday, May 10th. The utilities provider reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.04. BT Group PLC had a net margin of 8.48% and a return on equity of 36.64%. The business had revenue of $7.58 billion for the quarter, compared to analysts’ expectations of $7.88 billion. On average, analysts expect BT Group PLC to post $1.85 EPS for the current fiscal year and $1.82 EPS for the next fiscal year.
BT Group PLC (NYSE:BT) opened at 20.56 on Thursday. The firm’s 50-day moving average is $19.28 and its 200-day moving average is $20.13. The company has a market capitalization of $40.67 billion, a PE ratio of 16.45 and a beta of 1.04. BT Group PLC has a 12 month low of $18.06 and a 12 month high of $27.83.
The company also recently announced a semiannual dividend, which will be paid on Tuesday, September 12th. Shareholders of record on Friday, August 11th will be issued a $0.6804 dividend. This represents a dividend yield of 6.86%. The ex-dividend date of this dividend is Wednesday, August 9th. BT Group PLC’s dividend payout ratio is 70.87%.
Several brokerages have weighed in on BT. Deutsche Bank AG reiterated a “sell” rating and issued a GBX 265 ($3.45) target price on shares of BT Group PLC in a report on Monday. Beaufort Securities cut BT Group PLC to a “long term buy” rating and set a GBX 340 ($4.43) target price for the company. in a report on Friday, July 21st. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 390 ($5.08) target price on shares of BT Group PLC in a report on Wednesday, July 19th. BNP Paribas lowered their target price on BT Group PLC from GBX 260 ($3.39) to GBX 240 ($3.13) and set an “underperform” rating for the company in a report on Tuesday, July 18th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a GBX 340 ($4.43) target price on shares of BT Group PLC in a report on Monday, July 17th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $343.78.
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About BT Group PLC
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