Is Lloyds Banking Group plc ADR (NYSE: LYG) Stock Set To Rise More?

In the latest trading session, 3.27 million Lloyds Banking Group plc ADR (NYSE:LYG) shares changed hands as the company’s beta touched 1.31. With the company’s most recent per share price at $2.68 changing hands around $0.05 or 1.79% at last look, the market valuation stands at $42.23B. LYG’s current price is a discount, trading about -1.49% off its 52-week high of $2.72. The share price had its 52-week low at $1.88, which suggests the last value was 29.85% up since then. When we look at Lloyds Banking Group plc ADR’s average trading volume, we note the 3-month average coming to 9.55 million.

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

Instantly LYG is in green as seen in intraday trades today. With action 4.58%, the performance over the past five days has been green. The jump to weekly highs of 2.69 added 1.79% to the stock’s daily price. The company’s shares are showing year-to-date upside of 12.02%, with the 5-day performance at 4.58% in the green. However, in the 30-day time frame, Lloyds Banking Group plc ADR (NYSE:LYG) is -0.84% down.

Lloyds Banking Group plc ADR (LYG) estimates and forecasts

Data shows that the Lloyds Banking Group plc ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 29.96% over the past 6 months, a -31.91% in annual growth rate that is considerably lower than the industry average of 2.00%. Year-over-year growth is forecast to reach -2.60% down from the last financial year.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.99%. The 2024 estimates are for Lloyds Banking Group plc ADR earnings to decrease by -17.13%, but the outlook for the next 5-year period is at -10.30% per year.

LYG Dividends

Lloyds Banking Group plc ADR is expected to release its next quarterly earnings report in June. The 5.20% annual yield figure for the share gives it an annual dividend of 0.14. It is important to note, however, that the 5.20% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.