Royal Bank of Scotland Group PLC (NYSE:RBS) – Analysts at Jefferies Financial Group issued their Q2 2019 earnings per share estimates for Royal Bank of Scotland Group in a research note issued to investors on Thursday, June 13th. Jefferies Financial Group analyst J. Dickerson anticipates that the financial services provider will post earnings of $0.20 per share for the quarter. Jefferies Financial Group also issued estimates for Royal Bank of Scotland Group’s Q3 2019 earnings at $0.21 EPS, Q4 2019 earnings at $0.21 EPS, FY2019 earnings at $0.87 EPS and FY2021 earnings at $1.12 EPS.

Other research analysts have also recently issued research reports about the stock. ValuEngine cut shares of Royal Bank of Scotland Group from a “sell” rating to a “strong sell” rating in a report on Thursday, May 23rd. Numis Securities upgraded shares of Royal Bank of Scotland Group from an “add” rating to a “buy” rating in a report on Wednesday, May 1st. Bank of America upgraded shares of Royal Bank of Scotland Group from an “underperform” rating to a “neutral” rating in a report on Thursday, April 18th. Zacks Investment Research upgraded shares of Royal Bank of Scotland Group from a “hold” rating to a “buy” rating and set a $6.25 price objective for the company in a report on Saturday. Finally, Keefe, Bruyette & Woods lowered shares of Royal Bank of Scotland Group from an “outperform” rating to an “underperform” rating in a research note on Wednesday, May 1st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $6.25.

Shares of NYSE RBS opened at $5.42 on Friday. The company has a market cap of $33.25 billion, a P/E ratio of 11.29 and a beta of 1.10. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.21. Royal Bank of Scotland Group has a 52-week low of $4.98 and a 52-week high of $7.31.

Royal Bank of Scotland Group (NYSE:RBS) last issued its quarterly earnings data on Friday, April 26th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.04). The firm had revenue of $3.96 billion for the quarter, compared to analyst estimates of $4.25 billion. Royal Bank of Scotland Group had a net margin of 12.31% and a return on equity of 5.09%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Stevens Capital Management LP bought a new position in Royal Bank of Scotland Group in the fourth quarter valued at approximately $57,000. Lindbrook Capital LLC bought a new position in Royal Bank of Scotland Group in the fourth quarter valued at approximately $53,000. Comerica Bank lifted its stake in Royal Bank of Scotland Group by 1.2% in the fourth quarter. Comerica Bank now owns 351,354 shares of the financial services provider’s stock valued at $2,217,000 after buying an additional 4,071 shares in the last quarter. Quadrant Capital Group LLC lifted its stake in Royal Bank of Scotland Group by 81.9% in the first quarter. Quadrant Capital Group LLC now owns 33,061 shares of the financial services provider’s stock valued at $212,000 after buying an additional 14,886 shares in the last quarter. Finally, Advisor Partners LLC lifted its stake in Royal Bank of Scotland Group by 22.9% in the first quarter. Advisor Partners LLC now owns 15,027 shares of the financial services provider’s stock valued at $98,000 after buying an additional 2,796 shares in the last quarter. 0.62% of the stock is currently owned by hedge funds and other institutional investors.

About Royal Bank of Scotland Group

The Royal Bank of Scotland Group plc, together with its subsidiaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. It operates through Personal & Business Banking, Commercial & Private Banking, RBS International, and NatWest Markets segments.

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Earnings History and Estimates for Royal Bank of Scotland Group (NYSE:RBS)

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