Should I buy or sell Société Générale Société anonyme stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Société Générale Société anonyme in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SCGLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCGLY, but not buy additional shares or sell existing shares. View SCGLY analyst ratings or view top-rated stocks .

How have SCGLY shares performed in 2024?

Société Générale Société anonyme's stock was trading at $5.37 at the start of the year. Since then, SCGLY stock has decreased by 0.6% and is now trading at $5.34. View the best growth stocks for 2024 here .

Are investors shorting Société Générale Société anonyme?

Société Générale Société anonyme saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 13,700 shares, a decrease of 90.8% from the March 15th total of 148,300 shares. Based on an average trading volume of 639,500 shares, the days-to-cover ratio is presently 0.0 days. View Société Générale Société anonyme's Short Interest .

How were Société Générale Société anonyme's earnings last quarter?

Société Générale Société anonyme (OTCMKTS:SCGLY) posted its quarterly earnings results on Thursday, February, 8th. The financial services provider reported $0.06 EPS for the quarter. The financial services provider had revenue of $6.41 billion for the quarter. Société Générale Société anonyme had a net margin of 9.08% and a trailing twelve-month return on equity of 4.69%.

How often does Société Générale Société anonyme pay dividends? What is the dividend yield for Société Générale Société anonyme?

Société Générale Société anonyme declared a dividend on Thursday, May 25th. Shareholders of record on Friday, May 26th will be paid a dividend of $0.363 per share on Friday, June 16th. The ex-dividend date is Thursday, May 25th. This is a positive change from the stock's previous dividend of $0.27. Read our dividend analysis for SCGLY .

Is Société Générale Société anonyme a good dividend stock?

Société Générale Société anonyme (OTCMKTS:SCGLY) pays an annual dividend of $0.28 per share and currently has a dividend yield of 5.09%. SCGLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 53.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCGLY will have a dividend payout ratio of 22.40% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SCGLY .

How do I buy shares of Société Générale Société anonyme?

Shares of SCGLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Société Générale Société anonyme have any subsidiaries?

The following companies are subsidiares of Société Générale Société anonyme: Lumo, Shine, and Treezor. Read More

OTCMKTS:SCGLY

Société Générale Société anonyme (SCGLY) Stock Price, News & Analysis

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$5.34

-0.19 (-3.44%)

(As of 04/15/2024 ET)

Compare

Today's Range: $5.34
▼
$5.49
50-Day Range: $4.65
▼
$5.53
52-Week Range: $4.32
▼
$5.84

Volume: 244,363 shs
Average Volume: 325,204 shs
Market Capitalization: $21.44 billion

P/E Ratio: 10.27
Dividend Yield: 5.24%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines Short Interest

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Société Générale Société anonyme MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.55
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 22.55%
From $1.02 to $1.25 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.63 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Société Générale Société anonyme.

5.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Société Générale Société anonyme have been sold short.
Short Interest Ratio / Days to Cover
Société Générale Société anonyme has a short interest ratio ("days to cover") of 0, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Société Générale Société anonyme has recently decreased by 90.76%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Société Générale Société anonyme is a leading dividend payer. It pays a dividend yield of 5.09%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Société Générale Société anonyme does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Société Générale Société anonyme is 53.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Société Générale Société anonyme will have a dividend payout ratio of 22.40% next year. This indicates that Société Générale Société anonyme will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SCGLY.

2.0

News and Social Media Coverage

News Sentiment
Société Générale Société anonyme has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Société Générale Société anonyme this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Société Générale Société anonyme to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Société Générale Société anonyme insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 1.02% of the stock of Société Générale Société anonyme is held by institutions.

5.0

Earnings and Valuation

Earnings Growth
Earnings for Société Générale Société anonyme are expected to grow by 22.55% in the coming year, from $1.02 to $1.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Société Générale Société anonyme is 10.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of Société Générale Société anonyme is 10.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.99.
Price to Earnings Growth Ratio
Société Générale Société anonyme has a PEG Ratio of 0.11. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Société Générale Société anonyme has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Société Générale Société anonyme Stock (OTCMKTS:SCGLY)

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance. The company also provides corporate and investment banking, securities, business consulting, consumer finance, advisory and financing, and asset management and private banking services. In addition, it offers brokerage, cash management, payment, factoring/reverse factoring, export financing, trade finance, cash clearing and correspondent banking, and receivables and supply chain financing services. Société Générale Société anonyme was incorporated in 1864 and is headquartered in Paris, France.

SCGLY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SCGLY Stock News Headlines

April 15, 2024 | finance.yahoo.com

Rising Oil Price Could Make Central Banks Cautious With Rate Cuts

April 12, 2024 | finance.yahoo.com

Societe Generale: shares & voting rights as of 31 March 2024

April 16, 2024 | InvestorPlace (Ad)

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April 12, 2024 | finance.yahoo.com

Societe Generale Group has reached an agreement with Saham Group for the disposal of Société Générale Marocaine de Banques and la Marocaine Vie

April 12, 2024 | finance.yahoo.com

SocGen to Sell Bulk of Morocco Business in €745 Million Deal

April 11, 2024 | msn.com

Societe Generale to sell equipment financing business to BPCE for €1.1bn

March 11, 2024 | finance.yahoo.com

Societe Generale: availability of the 2024 Universal Registration Document, the annual financial report and the report on corporate governance

March 8, 2024 | finance.yahoo.com

Societe Generale: shares & voting rights as of 29 February 2024

April 16, 2024 | InvestorPlace (Ad)

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March 6, 2024 | finance.yahoo.com

Egypt’s Devaluation and Record Rate Hike Put IMF Deal in Reach

March 2, 2024 | finance.yahoo.com

Société Générale Société anonyme (SCGLY)

March 1, 2024 | wsj.com

Societe Generale S.A.

February 13, 2024 | finance.yahoo.com

Oil Holds Advance With Competing OPEC, IEA Outlooks to the Fore

February 8, 2024 | finance.yahoo.com

Société Générale’s Fourth-Quarter Profit Dropped on Lower Net Banking Income

February 5, 2024 | finance.yahoo.com

Societe Generale Has Announced a Plan to Implement Organisational Changes in Its Head Office in France

February 5, 2024 | finance.yahoo.com

UPDATE 2-French bank SocGen to cut about 900 jobs at Paris head office

February 5, 2024 | finance.yahoo.com

French bank SocGen to cut about 900 jobs at Paris head office

February 5, 2024 | finance.yahoo.com

Societe Generale to Cut 900 Jobs in Cost-Savings Push

February 1, 2024 | investing.com

Societe Generale ADR (SCGLY)

December 24, 2023 | finance.yahoo.com

Putin clears Rosbank's purchase of Societe Generale's Russian assets

December 7, 2023 | finance.yahoo.com

Societe Generale signs agreements to sell two subsidiaries in Africa to Vista group

December 5, 2023 | finance.yahoo.com

SocGen Issues Ethereum-Based Digital Green Bond

November 30, 2023 | seekingalpha.com

Societe Generale Could Be A Value Trap

November 30, 2023 | finance.yahoo.com

Societe Generale: Disclosure of regulatory capital requirements effective from 1st January 2024

November 29, 2023 | msn.com

Société Générale group reaffirms its sustainable framework

November 28, 2023 | finance.yahoo.com

Taiwan Cuts 2023 Growth Outlook to Lowest Since Financial Crisis

November 21, 2023 | finance.yahoo.com

Dollar Extends Losses Amid Dovish Fedspeak

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Today: 4/15/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Finance
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Current Symbol: OTCMKTS:SCGLY
CUSIP: N/A
CIK: 865845
Web: www.societegenerale.com
Phone: (314) 214-2000
Fax: N/A
Employees: 117,576
Year Founded: 1864

Profitability

EPS (Most Recent Fiscal Year): $0.52
Trailing P/E Ratio: 10.27
Forward P/E Ratio: 5.24
P/E Growth: 0.11
Net Income: $1.88 billion
Net Margins: 9.08%
Pretax Margin: N/A
Return on Equity: 4.69%
Return on Assets: 0.23%

Debt

Debt-to-Equity Ratio: 3.62
Current Ratio: 1.45
Quick Ratio: 1.45

Sales & Book Value

Annual Sales: $27.17 billion
Price / Sales: 0.79
Cash Flow: $2.93 per share
Price / Cash Flow: 1.82
Book Value: $18.05 per share
Price / Book: 0.30

Miscellaneous

Outstanding Shares: 4,014,900,000
Free Float: N/A
Market Cap: $21.44 billion
Optionable: Not Optionable
Beta: 1.47

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Key Executives

Mr. Slawomir Krupa (Age 50)
CEO & Director
Comp: $2.99M
Mr. Philippe Aymerich (Age 59)
Deputy Chief Executive Officer
Comp: $1.74M
Mr. Pierre Palmieri (Age 62)
Deputy Chief executive Officer
Comp: $1.51M
Ms. Claire Dumas (Age 55)
Group CFO & Head of Finance Department
Ms. Laura Mather
Group Chief Operating Officer
Mr. Alain Voiment
Chief Technology Officer
Mr. Bruno Delas (Age 62)
Group Chief Information Officer
Mr. Vincent Robillard
Head of Financial Communication & Investor Relations
Mr. Dominique Bourrinet
Group General Counsel
Mr. Gregoire Simon-Barboux
Group Chief Compliance Officer

Key Competitors

View All Competitors

Should I Buy Société Générale Société anonyme Stock? SCGLY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Société Générale Société anonyme:

Société Générale provides banking and financial services to individuals, businesses, and institutional investors in Europe and internationally, offering a diverse range of services including retail banking, wealth management, and insurance products.
The company operates through different segments, providing exposure to various sectors of the financial industry, which can help in diversifying an investment portfolio.
Recent developments show positive growth potential for Société Générale, indicating a promising outlook for investors.
With a strong presence in both domestic and international markets, Société Générale has the opportunity for further expansion and revenue generation.
Considering the current stock price and market trends, investing in Société Générale could present a value opportunity for investors seeking growth potential.

Cons

Investors should be bearish about investing in Société Générale Société anonyme for these reasons:

Market volatility and economic uncertainties could impact the financial performance of Société Générale, leading to potential risks for investors.
Regulatory changes in the financial sector may pose challenges for Société Générale's operations and profitability, affecting investor returns.
Competitive pressures within the banking and financial services industry could limit Société Générale's market share and growth prospects.
Fluctuations in interest rates and currency exchange rates may influence the company's earnings and financial stability, affecting investor confidence.
Investors should carefully monitor global economic conditions and industry trends to assess the potential impact on Société Générale's performance and investment value.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Société Générale Société anonyme pros and cons to contact@marketbeat.com.

SCGLY Stock Analysis - Frequently Asked Questions

Should I buy or sell Société Générale Société anonyme stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Société Générale Société anonyme in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SCGLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCGLY, but not buy additional shares or sell existing shares.
View SCGLY analyst ratings or view top-rated stocks.
How have SCGLY shares performed in 2024?: Société Générale Société anonyme's stock was trading at $5.37 at the start of the year. Since then, SCGLY stock has decreased by 0.6% and is now trading at $5.34.
View the best growth stocks for 2024 here.
Are investors shorting Société Générale Société anonyme?: Société Générale Société anonyme saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 13,700 shares, a decrease of 90.8% from the March 15th total of 148,300 shares. Based on an average trading volume of 639,500 shares, the days-to-cover ratio is presently 0.0 days.
View Société Générale Société anonyme's Short Interest.
How were Société Générale Société anonyme's earnings last quarter?: Société Générale Société anonyme (OTCMKTS:SCGLY) posted its quarterly earnings results on Thursday, February, 8th. The financial services provider reported $0.06 EPS for the quarter. The financial services provider had revenue of $6.41 billion for the quarter. Société Générale Société anonyme had a net margin of 9.08% and a trailing twelve-month return on equity of 4.69%.

How often does Société Générale Société anonyme pay dividends? What is the dividend yield for Société Générale Société anonyme?: Société Générale Société anonyme declared a dividend on Thursday, May 25th. Shareholders of record on Friday, May 26th will be paid a dividend of $0.363 per share on Friday, June 16th. The ex-dividend date is Thursday, May 25th. This is a positive change from the stock's previous dividend of $0.27.
Read our dividend analysis for SCGLY.
Is Société Générale Société anonyme a good dividend stock?: Société Générale Société anonyme (OTCMKTS:SCGLY) pays an annual dividend of $0.28 per share and currently has a dividend yield of 5.09%. SCGLY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 53.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCGLY will have a dividend payout ratio of 22.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCGLY.
How do I buy shares of Société Générale Société anonyme?: Shares of SCGLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Société Générale Société anonyme have any subsidiaries?: The following companies are subsidiares of Société Générale Société anonyme: Lumo, Shine, and Treezor.
Read More

This page (OTCMKTS:SCGLY) was last updated on 4/16/2024 by MarketBeat.com Staff

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Société Générale Société anonyme (SCGLY) Stock Price, News & Analysis

Société Générale Société anonyme MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Société Générale Société anonyme Stock (OTCMKTS:SCGLY)

SCGLY Stock Price History

SCGLY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Should I Buy Société Générale Société anonyme Stock? SCGLY Pros and Cons Explained

Pros

Cons

SCGLY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™