Wall Street analysts’ outlook for Popular Inc (BPOP)

With 0.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $99.69 whereas the lowest price it dropped to was $97.28. The 52-week range on BPOP shows that it touched its highest point at $105.01 and its lowest point at $71.08 during that stretch. It currently has a 1-year price target of $104.11. With its current market cap of 7.12 billion, BPOP has annualized dividend of $2.48 while the current yield stands at 2.51%. BPOP paid its most recent dividend on 1726185600, while the ex-dividend date for that was 1733443200. Beta for the stock currently stands at 0.83.

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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 2.99%, but this was up by 11.23% over a month. Three-month performance dropped to -0.57% while six-month performance rose 10.92%. The stock gained 37.08% in the past year, while it has gained 20.58% so far this year. A look at the trailing 12-month EPS for BPOP yields 7.36 with Next year EPS estimates of 9.93. For the next quarter, that number is 2.06. This implies an EPS growth rate of 4.42% for this year and 16.74% for next year. EPS is expected to grow by 10.56% 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 69.82 million shares on hand for trading. On 2024-10-31, short shares totaled 0.7 million, which was 98.0 higher than short shares on 1727654400. 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 0.90732 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 11 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BPOP analysts setting a high price target of 116.0 and a low target of 96.0, the average target price over the next 12 months is 104.11111. Based on these targets, BPOP could surge 17.22% to reach the target high and fall by -2.99% to reach the target low. Reaching the average price target will result in a growth of 5.21% from current levels.

Analysts have provided yearly estimates in a range of $8.74057 being high and $8.44505 being low. For BPOP, this leads to a yearly average estimate of $8.50788. The surprise factor in the prior quarter was $2.15. Based on analyst estimates, the high estimate for the next quarter is $2.17 and the low estimate is $1.93. The average estimate for the next quarter is thus $2.05.