An analyst sees good growth prospects for Popular Inc. (BPOP)

With 0.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $92.0 whereas the lowest price it dropped to was $89.505. The 52-week range on BPOP shows that it touched its highest point at $105.01 and its lowest point at $64.35 during that stretch. It currently has a 1-year price target of $104.00. With its current market cap of 6.56 billion, BPOP has annualized dividend of $2.48 while the current yield stands at 2.73%. Beta for the stock currently stands at 0.80.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BPOP was up-trending over the past week, with a rise of 1.11%, but this was down by -4.90% over a month. Three-month performance dropped to -7.99% while six-month performance rose 4.41%. The stock gained 38.88% in the past year, while it has gained 10.55% so far this year. A look at the trailing 12-month EPS for BPOP yields 7.36 with Next year EPS estimates of 9.92. For the next quarter, that number is 2.06. This implies an EPS growth rate of 4.56% for this year and 16.47% for next year. EPS is expected to grow by 11.41% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.79%.

Float and Shares Shorts:

At present, 72.15 million BPOP shares are outstanding with a float of 70.82 million shares on hand for trading. On 2024-10-15, short shares totaled 0.99 million, which was 138.0 higher than short shares on 1726185600. In addition to Mr. Ignacio Alvarez Esq. as the firm’s CEO & Director, Mr. Javier D. Ferrer-Fernández J.D. serves as its President, COO & Corporate Secretary.

Institutional Ownership:

Through their ownership of 0.90670997 of BPOP’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BPOP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.