Do You Still Have A Reason To Buy Lloyds Banking Group plc ADR (NYSE: LYG) After A 2.78% Jump In The Last Week?

During the recent session, Lloyds Banking Group plc ADR (NYSE:LYG)’s traded shares were 3.75 million, with the beta value of the company hitting 1.33. At the last check today, the stock’s price was $2.59, reflecting an intraday gain of 2.78% or $0.07. The 52-week high for the LYG share is $2.72, that puts it down -5.02 from that peak though still a striking 27.41% gain since the share price plummeted to a 52-week low of $1.88. The company’s market capitalization is $40.97B, and the average trade volume was 9.51 million shares over the past three months.

Lloyds Banking Group plc ADR (NYSE:LYG) trade information

Lloyds Banking Group plc ADR (LYG) registered a 2.78% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.78% in intraday trading to $2.59, hitting a weekly high. The stock’s 5-day price performance is 2.78%, and it has moved by -1.52% in 30 days. Based on these gigs, the overall price performance for the year is 7.92%.

Lloyds Banking Group plc ADR (LYG) estimates and forecasts

Statistics show that Lloyds Banking Group plc ADR has underperformed its competitors in share price, compared to the industry in which it operates. Lloyds Banking Group plc ADR (LYG) shares have gone up 29.50% during the last six months, with a year-to-date growth rate less than the industry average at -31.91% against 1.50.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.99%. While earnings are projected to return -15.91% in 2024, the next five years will return -10.30% per annum.

LYG Dividends

Lloyds Banking Group plc ADR 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 Lloyds Banking Group plc ADR is 0.14, with the dividend yield indicating at 5.38 percent, continuing the trend of increasing dividends in recent years.