Arbuthnot Banking Group (LON:ARBB) Hits New 1-Year Low – What’s Next?

Arbuthnot Banking Group PLC (LON:ARBB)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 810 ($10.47) and last traded at GBX 866 ($11.20), with a volume of 15962 shares traded. The stock had previously closed at GBX 898.20 ($11.61).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Arbuthnot Banking Group in a research report on Thursday, February 20th.

Arbuthnot Banking Group Stock Up 3.7 %

The firm’s 50 day simple moving average is GBX 903.63 and its two-hundred day simple moving average is GBX 907.22. The stock has a market capitalization of £145.68 million, a P/E ratio of 4.76, a P/E/G ratio of 0.38 and a beta of 1.00.

Arbuthnot Banking Group (LON:ARBB) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX 152.30 ($1.97) earnings per share for the quarter. Arbuthnot Banking Group had a return on equity of 12.11% and a net margin of 12.76%. As a group, equities research analysts expect that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.

Arbuthnot Banking Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, May 5th. Stockholders of record on Thursday, May 1st will be given a dividend of GBX 69.75 ($0.90) per share. This represents a dividend yield of 3.17%. This is a positive change from Arbuthnot Banking Group’s previous dividend of $40.00. The ex-dividend date is Thursday, May 1st. Arbuthnot Banking Group’s dividend payout ratio is presently 24.87%.

Arbuthnot Banking Group Company Profile

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.