UBS Group (NYSE:UBS) Posts Earnings Results, Beats Expectations By $0.18 EPS

Posted by on Jan 28th, 2021 // Comments off

UBS Group (NYSE:UBS) issued its quarterly earnings results on Monday. The bank reported $0.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.28 by $0.18, MarketWatch Earnings reports. UBS Group had a net margin of 17.34% and a return on equity of 9.82%.

Shares of NYSE UBS opened at $14.56 on Thursday. The stock has a market cap of $53.29 billion, a price-to-earnings ratio of 9.64, a PEG ratio of 1.43 and a beta of 1.26. The business has a 50 day simple moving average of $14.54 and a 200 day simple moving average of $12.97. UBS Group has a 52 week low of $7.48 and a 52 week high of $15.61. The company has a debt-to-equity ratio of 3.19, a quick ratio of 1.00 and a current ratio of 1.00.

The company also recently declared an annual dividend, which will be paid on Thursday, April 15th. Investors of record on Wednesday, April 14th will be paid a $0.37 dividend. The ex-dividend date is Tuesday, April 13th. This represents a dividend yield of 2.5%. UBS Group’s payout ratio is 10.53%.

A number of analysts recently issued reports on UBS shares. JPMorgan Chase & Co. restated an “overweight” rating on shares of UBS Group in a research note on Wednesday. HSBC reaffirmed a “buy” rating on shares of UBS Group in a report on Monday, November 23rd. Keefe, Bruyette & Woods downgraded shares of UBS Group from an “outperform” rating to a “market perform” rating in a report on Monday, November 23rd. Barclays restated an “underweight” rating on shares of UBS Group in a report on Wednesday. Finally, The Goldman Sachs Group downgraded UBS Group from a “buy” rating to a “neutral” rating in a report on Wednesday, November 18th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $16.00.

About UBS Group

UBS Group AG, together with its subsidiaries, provides financial advice and solutions to private, institutional and corporate client worldwide. It operates through four divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, and Investment Bank. The Global Wealth Management division offers investment advisory and solutions to private clients, and high and ultra high net worth clients.

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Earnings History for UBS Group (NYSE:UBS)

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