
HSBC Holdings plc (NYSE:HSBC – Free Report) – Research analysts at Erste Group Bank boosted their FY2027 earnings estimates for HSBC in a note issued to investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now forecasts that the financial services provider will post earnings of $9.35 per share for the year, up from their prior estimate of $9.30. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for HSBC’s current full-year earnings is $8.57 per share.
HSBC (NYSE:HSBC – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The financial services provider reported $2.25 EPS for the quarter, beating the consensus estimate of $2.24 by $0.01. HSBC had a net margin of 18.19% and a return on equity of 13.80%. The business had revenue of $19.04 billion during the quarter, compared to analyst estimates of $18.66 billion.
View Our Latest Analysis on HSBC
HSBC Trading Down 0.0%
NYSE:HSBC opened at $103.27 on Monday. The stock has a market capitalization of $354.91 billion, a price-to-earnings ratio of 14.65, a PEG ratio of 0.98 and a beta of 0.57. HSBC has a 52 week low of $63.51 and a 52 week high of $107.92. The company has a quick ratio of 0.92, a current ratio of 0.85 and a debt-to-equity ratio of 0.67. The firm has a 50 day moving average of $98.09 and a 200 day moving average of $91.40.
Institutional Trading of HSBC
Several large investors have recently added to or reduced their stakes in the company. Fiduciary Financial Group LLC acquired a new position in shares of HSBC in the second quarter valued at about $250,000. City Holding Co. acquired a new stake in shares of HSBC during the second quarter worth about $67,000. Focus Financial Network Inc. purchased a new stake in HSBC in the second quarter valued at approximately $323,000. Everhart Financial Group Inc. purchased a new stake in HSBC in the second quarter valued at approximately $214,000. Finally, TL Private Wealth acquired a new position in HSBC in the 2nd quarter worth approximately $200,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.
HSBC Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, August 14th will be paid a $0.50 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.00 dividend on an annualized basis and a yield of 1.9%. HSBC’s dividend payout ratio (DPR) is 28.09%.
More HSBC News
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: HSBC continued its $1 billion share-buyback program by repurchasing 340,000 shares in Hong Kong. Ongoing buybacks reduce the share count and can support earnings per share and investor returns. HSBC Advances Share Buy-Back With Hong Kong Repurchases
- Positive Sentiment: HSBC Asset Management invested in London-based Model ML, strengthening its capabilities in artificial intelligence and data-driven investment management. The deal supports HSBC’s longer-term technology and asset-management strategy. HSBC Asset Management invests in London-founded Model ML
- Positive Sentiment: HSBC plans to provide high-net-worth clients with broader access to global investments through India INX in GIFT City. The initiative could expand fee-generating wealth-management activity in India, though the near-term financial impact is likely modest. HSBC to offer global investment access to HNI clients via India INX platform in GIFT City
- Positive Sentiment: HSBC’s market commentary indicated that the current equity-market rally may continue, supporting investor sentiment toward the bank’s capital-markets and wealth-management businesses. Stocks are partying, and HSBC says the good times aren’t over yet
- Neutral Sentiment: HSBC discussed AI’s potentially significant impact on credit markets, highlighting an industry trend that could create efficiency gains but also requires investment and carries execution risks. HSBC’s Bothamley: AI causing historic reshaping in credit markets
- Neutral Sentiment: HSBC-related reports highlighted expansion and marketing initiatives in India, including a Canara HSBC Life Insurance digital campaign and recent performance by the HSBC Infrastructure Fund. These developments may improve brand visibility but have limited direct implications for HSBC Holdings’ near-term earnings. Canara HSBC Life Insurance launches The Viral Parivar
- Negative Sentiment: HSBC’s outlook for Indian equities identified risks including elevated commodity prices, weak global growth, a below-normal monsoon and slower government capital spending. These factors could weigh on markets and reduce activity in HSBC’s India-related businesses. HSBC lists four headwinds and three tailwinds for Indian markets
About HSBC
HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London. It traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to facilitate trade between Europe and Asia, and has since grown into one of the world’s largest banking groups. The company is publicly listed in multiple markets, including the London Stock Exchange, the Hong Kong Stock Exchange and as an American depositary receipt on the New York Stock Exchange.
HSBC operates a universal banking model, serving retail, commercial, corporate and institutional clients.
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