The NatWest share price has been climbing. Should I buy now?

first_imgThe NatWest share price has been climbing. Should I buy now? Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares See all posts by Alan Oscroft “This Stock Could Be Like Buying Amazon in 1997” Alan Oscroft | Friday, 19th February, 2021 | More on: NWG Enter Your Email Addresscenter_img Alan Oscroft owns shares of Lloyds Banking Group. The Motley Fool UK has recommended Barclays and Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I’m always a little wary when a company changes its name. Still, I can understand NatWest Group (LSE: NWG) wanting to put the old Royal Bank of Scotland days behind it. And if the NatWest share price is anything to go by, the change is paying off.Since a low in September 2020, NatWest shares have recovered a bit more strongly than Barclays. And they’ve easily outperformed Lloyds Banking Group. In fact, since 21 September, the NatWest share price has gained 90%. That’s a cracking result for anyone who managed to time it right.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But it only paints a small part of the picture. Over the past 12 months, NatWest has dropped 14%. And over five years, we’re looking at a 28% share price fall. On top of that, the dividend had only just started coming back after the bank’s earlier travails. And then it was halted last year at the onset of the Covid-19 pandemic. That didn’t help the NatWest share price either.But there must be an end to the pessimism somewhere, and an attractive time to buy. Mustn’t there? Well, there’s a bit of positive news in Friday’s full-year results. The dividend is back. The 3p per share final dividend amounts to a modest yield of 1.7%. But NatWest also included plans to pay out around 40% of profits as an ordinary dividend. Those profits aren’t here yet, mind.A big 2020 lossFor the year to December 2020, NatWest recorded an operating loss of £351m. Impairment provisions rose too, by £1.4bn compared with 2019 to £6.2bn. So when the bank says it hopes to pay at least £800m in ordinary and special dividends over the 2021–23 period, I’m going to try to contain my excitement. I’ll wait and see.Still, the market did react positively. Despite a brief dip in morning trading, at the time of writing the NatWest share price is up 3.5% on the day. That’s better than Barclays, up 2.8%, and Lloyds, up 1.3%. Lloyds is the last of these big three to reveal its 2020 figures, with results due on 24 February, after Barclays reported on Thursday. But as things stand today, would I buy NatWest shares?Well, some of the uncertainty surrounding the financial sector has been at least partially cleared. The possibility of a no-deal Brexit was surely holding banking shares back, along with the rest of the stock market. But even though we have a deal, the visibility is still not exactly crystal. Trade in services, including banking, is still far from clarified. And though we’re enjoying considerable Covid-19 vaccine success, these new variants do keep popping up.NatWest share price support?I think it’s important not to lose sight of our economic outlook. We might be over the worst of the pandemic downturn. But we could still be in for a good few years of weakness. Still, liquidity figures at NatWest look decent, and I think that should help support the NatWest share price.I’m cautiously optimistic regarding banking in general, and NatWest specifically. But I already own Lloyds shares, and one bank is enough for me in the current risky financial climate. I’ll keep watching.last_img read more