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BARC Barclays Plc

139.82
-0.38 (-0.27%)
Last Updated: 09:03:53
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Barclays Plc LSE:BARC London Ordinary Share GB0031348658 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.38 -0.27% 139.82 2,459,538 09:03:53
Bid Price Offer Price High Price Low Price Open Price
139.80 139.84 140.66 139.24 139.60
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 24.96B 5.93B 0.3811 3.68 21.81B
Last Trade Time Trade Type Trade Size Trade Price Currency
09:03:49 AT 713 139.82 GBX

Barclays (BARC) Latest News (3)

Barclays (BARC) Discussions and Chat

Barclays Forums and Chat

Date Time Title Posts
28/11/202308:46ACTIVE BARCLAYS TRADERS CLUB (moderated)25,563
27/11/202314:14ACTIVE BARCLAYS TRADERS CLUB146,193
26/11/202323:11Barclays Bank PLC, chat and charts102
23/11/202314:42Fines 33
14/11/202317:27Book asset value v share price 315

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Barclays (BARC) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:04:05139.8422.80O
09:04:05139.80713996.77AT
09:03:49139.82713996.92AT
09:03:34139.781,7492,444.75AT
09:03:34139.78417582.88AT

Barclays (BARC) Top Chat Posts

Top Posts
Posted at 28/11/2023 08:20 by Barclays Daily Update
Barclays Plc is listed in the Commercial Banks, Nec sector of the London Stock Exchange with ticker BARC. The last closing price for Barclays was 140.20p.
Barclays currently has 15,556,000,000 shares in issue. The market capitalisation of Barclays is £21,809,512,000.
Barclays has a price to earnings ratio (PE ratio) of 3.68.
This morning BARC shares opened at 139.60p
Posted at 17/11/2023 14:48 by bernie37
Concerns over the health of Britain’s economy has driven Barclays‘s (LSE:BARC) share price through the floor. An argument could now be made that the banking giant is now one of the FTSE 100‘s most attractively valued income shares.

City analysts think earnings will edge 1% lower in 2023. This leaves the company trading on a price-to-earnings (P/E) ratio of 4.6 times, far below the Footsie forward average of 12 times.

The number crunchers expect dividends to continue soaring, too, despite its uncertain trading outlook. This means Barclays shares also offer a prospective dividend yield of 6.2%, a reading that sails above the 4% average for FTSE 100 stocks.

And things get even better on this front for 2024 and 2025. Yields for these years soar to 7% and 8.1% respectively.

Solid forecasts

Of course dividends are never guaranteed, and a sharp fall in profits could play havoc with the bank’s payout record. But based on current earnings forecasts, these estimates look pretty solid.

Last year’s full-year reward of 7.25p per share is expected to rise to 8.55p per share in 2023. Payouts are then tipped to increase to 9.75p next year and to 11.2p in 2025.

Pleasingly, these projections are well covered by anticipated earnings through this period. Dividend cover sits at between 3.3 times and 3.6 times, comfortably above the widely regarded minimum safety benchmark of 2 times.

Barclays’ strong balance sheet gives added strength to near-term dividend projections. Its CET1 capital ratio stood at 14% as of September. This robust figure also sits at the top end of the bank’s 13% to 14% target.
Posted at 27/10/2023 15:45 by stutes
Sorry typo 100p
The buybacks dont reward shareholders in boosting share price. If management are rewarded bonus linked to eps ,rather than share price gain, then the only people rewarded by buybacks - broker, taxman and senior directors.

How many of senior managers at B have created value for shareholders? It looks at times the win-win is one-sided and favours the management.
Posted at 27/10/2023 09:39 by master rsi
Barclays PLC (LON:BARC) Given Average Recommendation of “Moderate Buy” by Brokerages
Posted by Defense World Staff on Oct 27th, 2023

Barclays has received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 245.43 ($3.01).

Several analysts have commented on BARC shares. Berenberg Bank lowered their price target on Barclays from GBX 260 ($3.19) to GBX 240 ($2.94) and set a “buy” rating for the company in a report on Tuesday, October 10th. JPMorgan Chase & Co. lifted their price target on Barclays from GBX 180 ($2.21) to GBX 190 ($2.33) and gave the company an “overweight221; rating in a report on Thursday, September 7th. Shore Capital restated a “buy” rating on shares of Barclays in a report on Tuesday. Finally, Citigroup restated a “buy” rating on shares of Barclays in a report on Monday, October 16th.

Barclays Trading Down 0.7 %
Barclays stock opened at GBX 132.24 ($1.62) on Friday. The stock has a market cap of £19.93 billion, a PE ratio of 3.8894, a PEG ratio of -1.09 and a beta of 1.35. The stock’s 50 day moving average is GBX 150.97 and its 200-day moving average is GBX 152.93.
Posted at 22/9/2023 19:27 by diku
Consulting Group???...meaning nobody within Barc got clue how to boost share price...




Barclays to step up share buybacks 'if board wants to address weak shares'

If Barclays PLC (LSE:BARC) bosses want to address the bank’s share price weakness, buybacks are the answer, according to analysts at Jefferies.

Reports in the media reports earlier this month suggested that management has engaged Boston Consulting Group for a new strategic review to address weakness in the share price.
Posted at 22/9/2023 14:33 by bernie37
Barclays to step up share buybacks 'if board wants to address weak shares'

If Barclays PLC (LSE:BARC) bosses want to address the bank’s share price weakness, buybacks are the answer, according to analysts at Jefferies.

Reports in the media reports earlier this month suggested that management has engaged Boston Consulting Group for a new strategic review to address weakness in the share price.

Areas upon which this review might focus would be “rear-view mirror issues” such as the capital consumed by the investment bank or optionality in the banks 'payments' businesses.com, the analysts said.

But they instead say the bank’s structure “demonstrated its worth during the pandemic” as strength from the markets business enabled large scale balance sheet provisions to be built as a “financial ballast” and with the diversified business mix generating an average 12% reported return on capital employed over the past eight quarters.

While the increased capital allocation to the investment bank attracts scrutiny from investors, “the fact of the matter is the CIB generated an average 17% ROE over the past eight quarters”.

What’s more, they add, “opportunities to allocate more capital elsewhere are scarce”, pointing to the outlook for UK loan growth that is “not particularly compelling” though likely to remain highly cash generative.

“The bottom line is that management's focus ought to be on returning incremental capital to shareholders.”

Estimating that around £19bn of profit could be generated between now and 2025, the analysts said they believe “more of this should be returned to shareholders to better address the share price weakness as opposed to another strategy review”.

The buyback forecast from Jefferies has been upped to £2.2bn in each of 2024 and 2025 from an estimated £1.5bn in 2023, with a further £3.3bn of dividends forecast over the period, while keeping a CET1 capital ratio buffer at around 14%.
Posted at 22/9/2023 14:27 by bernie37
The Barclays share price forecast for the next 12 months has the highest price target at GBX 320.00p, the lowest price target at GBX 180.00p, providing an average price target of GBX 242.27p. At the time of writing this presents a near 48% uplift to the average price target for Barclays share price.21 Jul 2023
Posted at 16/9/2023 17:45 by bernie37
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.

So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Barclays (LON:BARC). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business.

How Fast Is Barclays Growing Its Earnings Per Share?

Barclays has undergone a massive growth in earnings per share over the last three years. So much so that this three year growth rate wouldn't be a fair assessment of the company's future. As a result, we'll zoom in on growth over the last year, instead. Barclays' EPS shot up from UK£0.29 to UK£0.37; a result that's bound to keep shareholders happy. That's a fantastic gain of 26%.

Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Not all of Barclays' revenue this year is revenue from operations, so keep in mind the revenue and margin numbers used in this article might not be the best representation of the underlying business. It seems Barclays is pretty stable, since revenue and EBIT margins are pretty flat year on year. That's not a major concern but nor does it point to the long term growth we like to see.

Of course the knack is to find stocks that have their best days in the future, not in the past. You could base your opinion on past performance, of course, but you may also want to check this interactive graph of professional analyst EPS forecasts for Barclays.

Are Barclays Insiders Aligned With All Shareholders?

Since Barclays has a market capitalisation of UK£25b, we wouldn't expect insiders to hold a large percentage of shares. But we are reassured by the fact they have invested in the company. As a matter of fact, their holding is valued at UK£31m. That's a lot of money, and no small incentive to work hard. While their ownership only accounts for 0.1%, this is still a considerable amount at stake to encourage the business to maintain a strategy that will deliver value to shareholders.
Is Barclays Worth Keeping An Eye On?

You can't deny that Barclays has grown its earnings per share at a very impressive rate. That's attractive. With EPS growth rates like that, it's hardly surprising to see company higher-ups place confidence in the company through continuing to hold a significant investment. On the balance of its merits, solid EPS growth and company insiders who are aligned with the shareholders would indicate a business that is worthy of further research. We should say that we've discovered 2 warning signs for Barclays (1 is significant!) that you should be aware of before investing here.

There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features.
Posted at 04/9/2023 08:24 by bernie37
Barclays (LSE:BARC) shares are also another cheap option. The stock retreated after the Blue Eagle Bank downgraded its UK net interest margin outlook to 3.15% from 3.20%. However, it’s worth noting that the downgrade is more reflective of deposits shifting towards lower-margin accounts, rather than any asset quality concerns. And although impairment charges rose in Q2, it remains comfortably below estimates.

While the economic environment is undoubtedly challenging, Barclays should benefit when rates settle into the 2%-3% “Goldilocks221; zone. This is when rates aren’t too high to trigger higher defaults, but not too low that the firm doesn’t make any income.

But with Barclays shares trading at just five times earnings, it’s arguably cheap. In fact, several analysts have gone as far as to argue that Barclays shares are oversold. With a recovery in investment banking and lower costs on the horizon, the stock could shoot up in the medium to long term.

Barclays Share Price Forecast (2/9/2023).
Data source: Financial Times (Refinitiv)
Posted at 11/8/2023 05:14 by leoneobull
Interesting post on LSE?Mike Buck, CEO at Mongolian oil developer Petro Matad speaks to London South East/focusIR and gives an extensive operational update. Watch the full video here.Less Ads, More Data, More Tools Register for FREE   Share PricesBarclays Share PriceBarclays Share Chat?Barclays Share Chat (BARC)?BARC SharePrice?BARC ShareNews?BARC ShareChat1?BARC ShareTrades?BARCLive RNSBarclays Information  ?Buy BARC Shares?Add BARC to Watchlist?Add BARC to Alert?Share Price Information for Barclays (BARC)? Share Price is delayed by 15 minutesGet Live DataShare Price:148.00Bid:148.10Ask:148.12Change:0.00 (0.00%) Spread: 0.02 (0.014%)Open: 0.00High: 0.00Low: 0.00Prev. Close: 148.00?Last checked at 08:13:38Share Discussion for BarclaysShare Chat Filters ViewPost Message1232227Posts: 1,943Price: 148.00No OpinionRE: BARCToday 05:52Final divi was 5p last year. With a 20% increase it should be 6p making a total of 8.7p for the year.ab121Posts: 250Price: 148.50No OpinionBARB10 Aug 2023 11:40IMO for long investors the share buy backs are the attraction and will stop share price volatility. For short term investors the divi attracts them when it is compared to savings rates on bank/building society accounts.GazzleberryPosts: 5,568Price: 148.04No OpinionRE: Simple Solution10 Aug 2023 10:53"Barc need to dump the UK and re list in the US only"Why? A very short term fix. If you think that the UK economy and market is bad then the USA is a basket case just waiting to implode. Unfortunately, they just don't know it.wanderingonPosts: 280Price: 148.64No OpinionRE: BARC10 Aug 2023 08:34Final divi likely to be 5.4p, giving 8.1p on the year, or about 5.4% on the current share price Not too bad should inflation fall below 5%, but not particularly sparkling.LWHLPosts: 688Price: 148.90No OpinionRE: Simple Solution9 Aug 2023 21:57As long as they do not list in Italy...on the other hand, maybe that would be fine :)zebboPosts: 3,568Price: 150.66No OpinionSimple Solution9 Aug 2023 15:59Barc need to dump the UK and re list in the US onlyRichie33Posts: 550Price: 149.76No OpinionRE: BARC9 Aug 2023 14:412.7p per share dividend won't attract many IMOThe share price has already fluctuated more than that just todayJust sold mine @ £1.497Might buy back tomorrow if the share price drops enoughab121Posts: 250Price: 149.62No OpinionBARC9 Aug 2023 13:36IMO the dividend will attract investors.badjobPosts: 161Price: 147.82No OpinionRE: Italy 40% windfall tax on banks8 Aug 2023 14:11Jcb - fair point but there are sectors such as tech which, whatever profits they make, never seem exposed to the risk of windfall taxes. I think, on balance, we are unlikely to see it in the UK because the banks have been paying higher rates of tax for many years but the risk is obviously enough to dampen sentiment.jcb208Posts: 1,413Price: 147.82No OpinionRE: Italy 40% windfall tax on banks8 Aug 2023 12:21The new 40pc levy, which was slipped into a huge package of measures that ranged from taxi licenses to foreign investment, will be imposed on lenders' interest margins rather than their net profits. It is a one-off measure that will only take place in 2023, the government said.So not the end of the world just for the remainder of 23 I read it asbadjobPosts: 161Price: 147.72No OpinionItaly 40% windfall tax on banks8 Aug 2023 11:39This has just further highlighted the huge political risks surrounding the banking sector with calls for a windfall tax in the UK likely to grow louder.Paultokyo29Posts: 57Price: 147.58No OpinionRE: Crikey, where has this last year gone ?8 Aug 2023 11:25EX dividend 10th same day US CPI is announced for JULY.LWHLPosts: 688Price: 147.92No OpinionRE: Crikey, where has this last year gone ?8 Aug 2023 10:56Lol. Ain't that the truth!Mind you, its the kids who burn through my cash quicker than a politician or central banker ever could hope to :)Upon reflection, my target price here is going to probably take longer to come to fruition than I anticipated.But that is OK, even though no excuse for a sloppy trade in the first place, which this one was.Not the first and wont be the last :) GLA.PrimePosts: 468Price: 148.48No OpinionRE: BARC shares outstanding8 Aug 2023 10:30Well the share buy back is really having a great effect on the share price and it is are withheld dividends from the covid period they are using to boot!!!Ok, i have a simplistic veiw of it all and there are many factors involved but I would my preference would have been to have had a higher dividend, cash in my pocket, than watch as the share price dips while they spend on shares!!TerryLPosts: 1,028Price: 148.58No OpinionRE: Divi8 Aug 2023 10:28Ex dividend 10th Aug. Paid 15th Septjamtart1Posts: 1,329Price: 149.30Strong BuyDivi8 Aug 2023 09:58Has this been paid anybody? Thanks in advance.MrWolfPosts: 1,896Price: 149.60No OpinionRE: Crikey, where has this last year gone ?8 Aug 2023 09:36Morning honkey tonks, literally a quick in and out as away atm.@JayK - big congrats there to you both, you will need to set up a link for gifts, so I can forward a baby grow over. On the front it has " I've done 9 months inside, my mum and dad just got life" lol@MrA _ Yep, keep the pencil and ruler at hand, we will have another chance, before the donkey plods some more.Just don't copy the constipated mathematician and work out the answer using that pencil.@LWHL- Cheers but its a regular occurrence most days i'm afraid, as long as the books balance and Mrs W' doesn't have to go out worrying the local livestock, we are all good.Current factors to consider atm which reflects on current share price and Ex div adjustments."The Buy-back will commence on 28 July 2023 and end no later than 27 January 2024 (subject to regulatory approval remaining in place). The purpose of the Buy-back is to reduce the share capital of the Company and therefore Ordinary Shares purchased under the Buy-back will be cancelled"We can all see the pattern Citi have set up over the next few months, it isn't rocket science and quite frankly just counteracts itself.Theoretically this in most cases, would be a good decision for the like of a decent, well run bank.Sadly not in our case, it's the investors and only, the investment sentiment that will grow the sp, not buy backs in the short term.We need to see far more respect shown to the back bone investors of Barclays, not hot air gestures of weak buybacks.Its investor sentiment that builds a share price and BoD's are inept at the fact they need to admit they are wrong and bad performance, falls at their feet / trough !Expect a bit of chop until everyone gets back from holiday mode, same every year.So sticking to my rig and wish everyone a good day.GLAJamesYoungPosts: 19Price: 150.82No OpinionRE: BARC shares outstanding7 Aug 2023 18:54You can read the article from Guardian about the root cause. https://www.theguardian.com/business/2013/jul/30/barclays-cash-call-6bn-capital-gapThe highlight listed below:Plugging the £12.8bn gap£6bn Rights issue: a cash call on investors which will not be launched until September and will raise £5.8bn after fees paid to other banks, which are guaranteeing the fundraising£2bn Issue of bonds: a relatively new form of bond called contingent convertibles, dubbed co-cos, which convert to shares during times of crisis.£2.5bn Shrinking the bank: by reducing the size of the bank's balance sheet by 2014 Barclays can reduce the amount of capital it needs to hold by this amount£2.5bn Retaining earnings: the bank will keep a larger portion of the money that it makes between now and June 2014. The cash might otherwise have been paid out in dividends to shareholders or as bonuses to staff.This tragic increase of shares counts explains why the stock price behaved so poorly since 2008 crash. A quick rebound after 2009 was given a second capital gap hit. Confidence to the bank had been devastated then. Since then, changes of CEOs, wrong doings in forex, punishment from government agency et al formed a string of sad trajectory of a "glory" 325 year UK bank.Darkknight1Posts: 19Price: 151.04No OpinionRE: BARC shares outstanding7 Aug 2023 10:34Super analysis JamesYoung.Unfortunately i think you are correct to point out there is a long way to go yetCrunchyNutsPosts: 54Price: 151.88No OpinionRE: BARC shares outstanding7 Aug 2023 09:36Good work pulling this together.Do we know why they did the rights issue in 2012-13?JamesYoungPosts: 19Price: 150.74No OpinionBARC shares outstanding7 Aug 2023 02:27I dug out the historic BARC 25p shares outstanding as listed below:Year 25p (M) Pct2006 6,5352007 6,535
Posted at 29/7/2023 10:20 by bernie37
Barclays set for dramatic shake up as investment bank fails

Barclays has been wielding the axe this week with its investment bank on the receiving end of a few hefty chops following the release of less than impressive profit figures. The shake up has left some analysts wondering if sections of the bank could end up being sold off.

The bank has revealed that in the first three months of the year its investment bank division saw profits fall by 50 per cent. The company’s chief executive Antony Jenkins has wasted no time in addressing the problem, which triggered a five per cent fall in Barclays’ share prices, by stating that as many as 450 managing directors could lost their jobs while in total it is estimated that 15,000 employees could receive the proverbial boot. This is far higher than the 10,000 jobs the company had originally said it would cut this year.

Jenkins has also stated that the bank will cut total compensation in the unit by 20 per cent to £1.1 billion after the outcry about the fact it increased bonus payments last year despite the fact that profits fell.

As a whole, profits in the first quarter dropped five per cent to £1.7 billion. However, the buck very much stopped with the investment bank division – the company’s only division not to show growth. Barclays has blamed “challenging trading conditions, in particular in rates and foreign exchange” for the failure.

Last week, the chief executive of Barclays America, Skip McGee, quit and there are reports that the head of mergers and acquisitions Paul Parker is set to leave. And while the African branch of the company said profits were up 25 per cent, the European retail banking arm, which is widely expected to be sold off or closed, continued to lose money.

Tomorrow the company will have a strategy review and people within the financial world and beyond will be waiting eagerly to hear the announcements that follow.
Barclays share price data is direct from the London Stock Exchange

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