During the recent session, Deutsche Bank AG (NYSE:DB)’s traded shares were 4.34 million, with the beta value of the company hitting 1.30. At the last check today, the stock’s price was $17.80, reflecting an intraday gain of 7.98% or $1.32. The 52-week high for the DB share is $16.51, that puts it up 7.25 from that peak though still a striking 44.83% gain since the share price plummeted to a 52-week low of $9.82. The company’s market capitalization is $34.64B, and the average trade volume was 3.54 million shares over the past three months.
Deutsche Bank AG (NYSE:DB) trade information
Deutsche Bank AG (DB) registered a 7.98% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.98% in intraday trading to $17.80, hitting a weekly high. The stock’s 5-day price performance is 12.63%, and it has moved by 15.85% in 30 days. Based on these gigs, the overall price performance for the year is 73.10%.
Deutsche Bank AG (DB) estimates and forecasts
Statistics show that Deutsche Bank AG has underperformed its competitors in share price, compared to the industry in which it operates. Deutsche Bank AG (DB) shares have gone up 76.89% during the last six months, with a year-to-date growth rate less than the industry average at 0.91% against 1.80. In the rating firms’ projections, revenue will increase 1.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 8.25B as predicted by 4 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 7.99B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 8.19B and 7.9B respectively. In this case, analysts expect current quarter sales to grow by 0.70% and then jump by 1.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 71.75%. While earnings are projected to return 5.84% in 2024, the next five years will return -1.39% per annum.
DB Dividends
Deutsche Bank AG is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Deutsche Bank AG is 0.32, with the dividend yield indicating at 1.82 percent, continuing the trend of increasing dividends in recent years.
