In the latest trading session, 1.35 million Deutsche Bank AG (NYSE:DB) shares changed hands as the company’s beta touched 1.00. With the company’s most recent per share price at $24.64 changed hands at -$0.29 or -1.18% at last look, the market valuation stands at $46.77B. DB’s current price is a discount, trading about -1.58% off its 52-week high of $25.03. The share price had its 52-week low at $13.70, which suggests the last value was 44.4% up since then. When we look at Deutsche Bank AG’s average trading volume, we note the 10-day average is 6.1 million shares, with the 3-month average coming to 3.04 million.
Analysts gave the Deutsche Bank AG (DB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.28. If we narrow down to specifics, the data shows that 0 out of 8 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 3 recommended DB as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Deutsche Bank AG’s EPS for the current quarter is expected to be 0.
Deutsche Bank AG (NYSE:DB) trade information
Instantly DB was in red as seen in intraday trades today. With action 5.32%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 44.49%, with the 5-day performance at 5.32% in the green. However, in the 30-day time frame, Deutsche Bank AG (NYSE:DB) is 17.65% up. Looking at the short shares, we see there were 10.14 million shares sold at short interest cover period of 3.27 days.
The consensus price target for the stock as assigned by Wall Street analysts is 13.59, meaning bulls need a downside of -81.31% from its recent market value. According to analyst projections, DB’s forecast low is 9.24445601 with 29 as the target high. To hit the forecast high, the stock’s price needs a -17.69% plunge from its current level, while the stock would need to tank 62.48% for it to hit the projected low.
Deutsche Bank AG (DB) estimates and forecasts
Year-over-year growth is forecast to reach 5.46% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 8.29B. 2 analysts are of the opinion that Deutsche Bank AG’s revenue for the current quarter will be 8.03B. The company’s revenue for the corresponding quarters a year ago was 7.78B and 7.59B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 6.56%. The estimates for the next quarter sales put growth at 5.78%.
The 2025 estimates are for Deutsche Bank AG earnings to increase by 17.61%, but the outlook for the next 5-year period is at 14.25% per year.
DB Dividends
Deutsche Bank AG is expected to release its next quarterly earnings report on 2025-Mar-12. The 1.98% annual yield figure for the share gives it an annual dividend of 0.49. It is important to note, however, that the 1.98% 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. During the past 5 years, the average dividend yield was 2.78 per year.
Deutsche Bank AG (NYSE:DB)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 8.10% of Deutsche Bank AG shares while 51.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 55.72%. There are 51.21% institutions holding the Deutsche Bank AG stock share, with DEUTSCHE BANK AG the top institutional holder. As of 2024-06-30, the company held 4.1292% of the shares, roughly 82.5 million DB shares worth $1.32 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 3.8875% or 78.27 million shares worth $1.25 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were New Perspective Fund Inc and Vanguard International Stock Index-Total Intl Stock Indx. With 32.27 shares estimated at $795.74 million under it, the former controlled 1.66% of total outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held about 1.40% of the shares, roughly 27.26 shares worth around $672.27 million.
