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Research Analysts Offer Predictions for BOC Hong Kong (Holdings) Limited's FY2023 Earnings (OTCMKTS:BHKLY)

Defense World ·  2022/09/03 02:41

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY – Get Rating) – Equities research analysts at Jefferies Financial Group upped their FY2023 earnings per share estimates for BOC Hong Kong in a research note issued on Thursday, September 1st. Jefferies Financial Group analyst S. Wong now forecasts that the company will post earnings per share of $9.47 for the year, up from their previous forecast of $9.45. The consensus estimate for BOC Hong Kong's current full-year earnings is $6.84 per share. Jefferies Financial Group also issued estimates for BOC Hong Kong's FY2024 earnings at $10.50 EPS.

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BOC Hong Kong Trading Down 0.4 %

BHKLY stock opened at $67.70 on Friday. The business has a fifty day moving average of $72.57 and a two-hundred day moving average of $74.41. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.68 and a quick ratio of 0.68. BOC Hong Kong has a 52-week low of $57.47 and a 52-week high of $84.17.

BOC Hong Kong Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, July 22nd. Investors of record on Monday, July 4th were issued a $1.721 dividend. The ex-dividend date of this dividend was Friday, July 1st. This represents a yield of 3.62%.

About BOC Hong Kong

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BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; payrolls, corporate deposits, and E-cheques services.

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