Image source: Getty Images It’s not easy coming up with accurate dividend forecasts. As dividends are a distribution of earnings to shareholders, for forecasts to be worth the paper they’re written on it’s necessary to correctly model how a business is likely to perform. Fortunately, there are analysts that are paid to crunch the numbers. And before NatWest Group (LSE:NWG) released its 2024 results this morning (14 February), the consensus of 16 of them was for a full-year dividend of 19.4p. However, as a result of a “strong financial performance” against an “uncertain external backdrop”, the bank was able to…
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Airbnb could be due for sizable gains over the next several months despite its recent underperformance, according to Baird. The firm upgraded the stock to outperform from neutral and increased its price target by $35 to $175. That updated target now implies 24% upside potential, as of Thursday’s close. Shares jumped more than 13% in premarket trading on Friday after the company’s latest quarterly results beat on the top and bottom lines. Airbnb earned 73 cents per share on $2.48 billion in revenue for the fourth quarter, while analysts surveyed by LSEG were expecting 58 cents per share and $2.42…
(Bloomberg) — US Treasuries stabilized on Friday after a turbulent week that saw traders confronted by the reality another interest-rate cut could be a long time coming. Most Read from Bloomberg The US two-year yield was almost bang in line with where it ended last week at 4.29% after jumping 10 basis points earlier in the week. The 10-year yield was also little changed, trading just above 4.50%. The debt market could get a boost later in the day if US retail sales for January come in slower due to frigid weather as expected. That would spur hopes for deeper…
Image source: NatWest Group plc The NatWest Group (LSE: NWG) share price dipped a couple of percent in early trading Friday (24 February), even though the bank posted a strong set of full-year results and provided upbeat guidance up to 2027. Still, it’s been one of the FTSE 100 success stories of 2024. And a lot of people will surely be taking some profit off the table. The 2024 bottom line showed a 12% rise in earnings per share (EPS) to 53.5p. And the full-year dividend was lifted 26% to 21.5p. On Thursday’s closing price, that’s a price-to-earnings (P/E) ratio…
Making predictions about the BP (LSE:BP.) share price isn’t easy. That’s because the group’s financial performance is closely linked to the price of oil. Although it’s not obvious how much of its revenue comes from the sale of the black stuff, its oil production and customer & products divisions contributed 84% of revenue in 2024. Therefore, it stands to reason, that it does better when energy prices are high. This can be seen in the chart below, which shows the cash generated from its operations from 2019-2024, alongside the average price of a barrel of Brent crude. Source: US Energy…
Image source: Getty Images Legal & General (LSE: LGEN) shares have only given me a modest capital return since I started buying them in 2023. So why do I like them so much? According to my online trading account, I’m up just 7.1%. Hardly spectacular. But when I factor in dividends, my total return jumps to 19.9%. That’s a far more satisfying number. And I think it’s only the start. I started building my position in the FTSE 100 insurer and asset manager in April 2023, adding to it in July and August that year. My average entry price was 226p.…
Image source: NatWest Group plc NatWest Group (LSE: NWG) released its final results this morning (14 February) for the year ending 31 December 2024. It reported an attributable profit of £4.5bn, up 12% since last year, but still a slowdown in growth. By comparison, the bank’s third-quarter results showed a 26% increase in profit, supported by strong lending growth and customer deposits. The group’s return on tangible equity (RoTE) is now up to 17.5%, higher than guidance forecasts. Despite headwinds from lower interest rates, the bank’s earnings continue to rise, now at 53.5p per share. Speaking on the results, recently-appointed…
Image source: Getty Images Since November 2024, the JD Sports (LSE:JD.) share price has been the worst performer on the FTSE 100. After two profits warnings, nearly 25% has been wiped off the market cap of the sports fashion retailer. As a shareholder, I feel the pain. However, I’ve no plans to sell my shares. I believe the stock currently offers tremendous value for money. And I’m expecting big things over the next few years. I’m not alone. In January, the company’s chief executive bought £99,000 of the stock at an average price of 90p. What’s going on? The retailer’s…
The Trump administration must temporarily allow the disbursement of foreign aid, a judge ruled Thursday, dealing the latest blow to the administration’s sweeping efforts to halt international aid.Nicolas Economou | Nurphoto | Getty ImagesWASHINGTON — The Trump administration must temporarily allow the disbursement of foreign aid, a judge ruled Thursday, dealing the latest blow to the administration’s sweeping efforts to halt international aid.The court order came in response to a lawsuit filed by nonprofit groups that work on international aid projects, as well as other organizations.They had asked that the judge block the executive order President Donald Trump signed last month that implemented a…
Carney would still make Canadians pay, but he’ll only help them with affordability if they’re making “smart” choices. Pictured: Mark Carney. Photo Credit: Mark Carney/X. Liberal leadership candidate Mark Carney seems to think giving you a discount code on a new furnace or some extra insulation is the best way to help you with affordability. […] Source link