Lloyds Banking Group plc ADR (NYSE: LYG): Are We Watching A Disaster Or Are We Buying A Gold Mine?

In today’s recent session, 18.7 million shares of the Lloyds Banking Group plc ADR (NYSE:LYG) have been traded, and its beta is 0.96. Most recently the company’s share price was $3.88, and it changed around $0.06 or 1.49% from the last close, which brings the market valuation of the company to $58.74B. LYG at last check was trading at a discount to its 52-week high of $3.90, offering almost -0.52% off that amount. The share price’s 52-week low was $2.38, which indicates that the recent value has risen by an impressive 38.66% since then.

Lloyds Banking Group plc ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.37. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended LYG as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Lloyds Banking Group plc ADR is expected to report earnings per share of 0.09 for the current quarter.

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

Instantly LYG has been showing a green trend so far today with a performance of 1.49% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.90 on recent trading dayincreased the stock’s daily price by 0.51%. The company’s shares are currently up 42.54% year-to-date, but still up 5.93% over the last five days. On the other hand, Lloyds Banking Group plc ADR (NYSE:LYG) is 28.80% up in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $2.75, which translates to bulls needing to decrease their stock price by -41.09% 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

The year-over-year growth rate is expected to be 2.85%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 4.78B in revenue for the current quarter. 1 analysts expect Lloyds Banking Group plc ADR to make 4.86B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 4.52B and 4.55B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 5.64%. Forecasts for the next quarter put sales growth at 6.93%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 12.58%. Lloyds Banking Group plc ADR earnings are expected to increase by 11.80% in 2025, but the outlook is positive 20.66% 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 April. The annual dividend yield of the stock is 3.83 percent and its annual dividend per share was 0.15. It is important to note, however, that the 3.83% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.

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

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, with 0.0382% 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 $16.35 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 $15.54 million, which represents about 0.03% of the total shares outstanding.