Erste Group Bank Has Weak Estimate for DB FY2027 Earnings

Deutsche Bank Aktiengesellschaft (NYSE:DB) – Analysts at Erste Group Bank lowered their FY2027 earnings estimates for Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now expects that the bank will post earnings per share of $4.41 for the year, down from their prior forecast of $4.50. The consensus estimate for Deutsche Bank Aktiengesellschaft’s current full-year earnings is $2.93 per share.

Other analysts also recently issued reports about the company. Zacks Research downgraded Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Morgan Stanley reissued an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, January 21st. Citigroup restated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 22nd. Finally, Wall Street Zen lowered shares of Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Deutsche Bank Aktiengesellschaft Trading Down 2.1%

Shares of DB opened at $28.37 on Friday. Deutsche Bank Aktiengesellschaft has a 52-week low of $18.89 and a 52-week high of $40.43. The business’s fifty day moving average is $34.70 and its 200-day moving average is $35.89. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market cap of $55.04 billion, a price-to-earnings ratio of 8.27, a PEG ratio of 0.37 and a beta of 0.94.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 EPS for the quarter, beating the consensus estimate of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.44%. The business had revenue of $8.99 billion during the quarter, compared to the consensus estimate of $7.71 billion.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Hedge funds have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased its stake in shares of Deutsche Bank Aktiengesellschaft by 22,576.9% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,948 shares of the bank’s stock valued at $114,000 after buying an additional 2,935 shares during the period. Groupama Asset Managment grew its holdings in Deutsche Bank Aktiengesellschaft by 4.7% during the 4th quarter. Groupama Asset Managment now owns 147,750 shares of the bank’s stock worth $5,697,000 after acquiring an additional 6,670 shares during the last quarter. SG Trading Solutions LLC bought a new stake in Deutsche Bank Aktiengesellschaft during the 4th quarter worth approximately $1,379,000. Compound Planning Inc. increased its position in Deutsche Bank Aktiengesellschaft by 6.3% in the 4th quarter. Compound Planning Inc. now owns 51,974 shares of the bank’s stock valued at $2,004,000 after acquiring an additional 3,064 shares during the period. Finally, Invesco Ltd. raised its stake in shares of Deutsche Bank Aktiengesellschaft by 24.5% during the fourth quarter. Invesco Ltd. now owns 4,289,794 shares of the bank’s stock valued at $165,414,000 after acquiring an additional 843,170 shares during the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Monday, June 1st will be issued a $1.00 dividend. This represents a yield of 251.0%. The ex-dividend date of this dividend is Monday, June 1st. This is a boost from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.