Bankinter (OTCMKTS:BKNIY) Sets New 1-Year High - Here's What Happened

Bankinter, S.A. (OTCMKTS:BKNIY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $11.93 and last traded at $11.76, with a volume of 12141 shares. The stock had previously closed at $11.72.

Analysts Set New Price Targets

Several research firms have commented on BKNIY. Royal Bank of Canada raised shares of Bankinter to a "moderate buy" rating in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Bankinter in a research note on Thursday, March 6th. Finally, Barclays reaffirmed an "underweight" rating on shares of Bankinter in a report on Monday, April 14th.

Bankinter Price Performance

The stock has a market capitalization of $10.72 billion, a PE ratio of 10.65 and a beta of 0.35. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.04 and a quick ratio of 1.04. The stock's fifty day moving average is $10.79 and its 200-day moving average is $9.17.

Bankinter (OTCMKTS:BKNIY - Get Free Report) last posted its earnings results on Thursday, January 23rd. The bank reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.08. Bankinter had a net margin of 18.98% and a return on equity of 16.74%. As a group, equities analysts predict that Bankinter, S.A. will post 1 earnings per share for the current fiscal year.

Bankinter Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, April 14th. Shareholders of record on Wednesday, April 2nd were issued a $0.1084 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. Bankinter's payout ratio is currently 29.46%.

Bankinter Company Profile

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.

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