FY2024 EPS Estimates for Scor Se Boosted by Analyst (OTCMKTS:SCRYY)

Scor Se (OTCMKTS:SCRYYGet Rating) – Research analysts at Jefferies Financial Group lifted their FY2024 earnings per share (EPS) estimates for Scor in a note issued to investors on Monday, August 1st. Jefferies Financial Group analyst P. Kett now expects that the financial services provider will post earnings per share of $0.47 for the year, up from their prior forecast of $0.46. The consensus estimate for Scor’s current full-year earnings is $0.20 per share.

Scor (OTCMKTS:SCRYYGet Rating) last issued its quarterly earnings data on Friday, May 6th. The financial services provider reported ($0.05) earnings per share (EPS) for the quarter. Scor had a negative return on equity of 2.28% and a negative net margin of 0.96%. The company had revenue of $5.29 billion for the quarter.

Several other equities research analysts have also recently commented on SCRYY. Royal Bank of Canada decreased their target price on Scor from €26.00 ($26.80) to €25.00 ($25.77) in a research note on Monday. Berenberg Bank decreased their target price on Scor from €35.00 ($36.08) to €28.00 ($28.87) and set a “buy” rating for the company in a research note on Friday, July 29th. Morgan Stanley decreased their target price on Scor from €38.00 ($39.18) to €32.00 ($32.99) and set an “overweight” rating for the company in a research note on Friday, July 8th. HSBC cut Scor from a “buy” rating to a “hold” rating in a research note on Tuesday, June 14th. Finally, Societe Generale reduced their price objective on Scor from €31.00 ($31.96) to €21.50 ($22.16) in a research note on Monday, July 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Scor presently has a consensus rating of “Moderate Buy” and an average price target of $26.27.

Scor Trading Down 2.9 %

OTCMKTS SCRYY opened at $1.70 on Tuesday. The business has a 50 day simple moving average of $2.19 and a 200 day simple moving average of $2.75. Scor has a one year low of $1.64 and a one year high of $3.73. The stock has a market capitalization of $3.18 billion, a P/E ratio of -15.45 and a beta of 1.27. The company has a debt-to-equity ratio of 0.43, a current ratio of 6.71 and a quick ratio of 6.71.

Scor Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 8th. Stockholders of record on Thursday, May 19th were issued a $0.1411 dividend. The ex-dividend date was Wednesday, May 18th. This represents a dividend yield of 10.54%. Scor’s dividend payout ratio is presently -127.26%.

About Scor

(Get Rating)

SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Africa, the Americas, Latin America, and Asia Pacific. It operates through two segments, SCOR Global P&C and SCOR Global Life. The SCOR Global P&C segment offers reinsurance products in the areas of property, motors, casualty treaties, credit and surety, decennial insurance, aviation, marine and energy, engineering, agricultural risks, and property catastrophes; specialties insurance products, including business solutions, political and credit risks, cyber, and environmental impairment liability; and business ventures and partnerships.

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