Lloyds Banking Group plc ADR (NYSE: LYG) Stock: Does It Have The Potential To Rise?

In today’s recent session, 4.77 million shares of the Lloyds Banking Group plc ADR (NYSE:LYG) have been traded, and its beta is 1.28. Most recently the company’s share price was $3.16, and it changed around $0.03 or 1.12% from the last close, which brings the market valuation of the company to $48.02B. LYG at last check was trading at a discount to its 52-week high of $3.24, offering almost -2.53% off that amount. The share price’s 52-week low was $2.00, which indicates that the recent value has risen by an impressive 36.71% since then. We note from Lloyds Banking Group plc ADR’s average daily trading volume that its 10-day average is 13.55 million shares, with the 3-month average coming to 12.40 million.

Lloyds Banking Group plc ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.53. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended LYG as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

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

Instantly LYG has been showing a green trend so far today with a performance of 1.12% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently up 16.36% year-to-date, but still up 1.77% over the last five days. On the other hand, Lloyds Banking Group plc ADR (NYSE:LYG) is 21.73% up in the 30-day period. We can see from the shorts that 10.28 million shares have been sold at a short interest cover period of 0.62 day(s).

The consensus price target as assigned by Wall Street analysts is $2.75, which translates to bulls needing to decrease their stock price by -14.91% from its current value. Analyst projections state that LYG is forecast to be at a low of $2.75 and a high of $2.75.

Lloyds Banking Group plc ADR (LYG) estimates and forecasts

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.99%. Lloyds Banking Group plc ADR earnings are expected to increase by -9.78% in 2025, but the outlook is positive 5.43% per year for the next five years.

LYG Dividends

Lloyds Banking Group plc ADR’s next quarterly earnings report is expected to be released in March. The annual dividend yield of the stock is 4.69 percent and its annual dividend per share was 0.15. It is important to note, however, that the 4.69% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 4.67 per year.

Lloyds Banking Group plc ADR (NYSE:LYG)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.03% of Lloyds Banking Group plc ADR shares, and 2.67% of them are in the hands of institutional investors. The stock currently has a share float of 2.67%. Lloyds Banking Group plc ADR stock is held by 488.0 institutions, with MONDRIAN INVESTMENT PARTNERS LTD being the largest institutional investor. By 2024-06-30, it held 0.1169% of the shares, which is about 74.72 million shares worth $226.39 million.

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, with 0.0377% or 24.07 million shares worth $65.7 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Dimensional ETF Tr-Dimensional International Value ETF and Dimensional ETF Tr-Dimensional International Core Equity 2 ETF were the top two Mutual Funds as of Oct 31, 2024. The former held 4.24 shares worth $13.39 million, making up 0.03% of all outstanding shares. On the other hand, Dimensional ETF Tr-Dimensional International Core Equity 2 ETF held roughly 4.03 shares worth around $12.73 million, which represents about 0.03% of the total shares outstanding.