Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY - Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $47.48 and last traded at $44.90, with a volume of 26458 shares traded. The stock had previously closed at $44.46.
Grupo Financiero Banorte Price Performance
The company's 50-day moving average is $41.05 and its two-hundred day moving average is $37.28.
Grupo Financiero Banorte (OTCMKTS:GBOOY - Get Free Report) last announced its quarterly earnings results on Tuesday, April 22nd. The company reported $1.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $26.79 by ($25.47). The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $40.28 billion. On average, equities analysts expect that Grupo Financiero Banorte, S.A.B. de C.V. will post 4.84 earnings per share for the current year.
Grupo Financiero Banorte Increases Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, May 15th. Shareholders of record on Tuesday, May 6th were issued a dividend of $2.1897 per share. The ex-dividend date was Monday, May 5th. This is an increase from Grupo Financiero Banorte's previous dividend of $0.86. This represents a yield of 12.07%.
Grupo Financiero Banorte Company Profile
(
Get Free Report)
Grupo Financiero Banorte, SAB. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. The company accepts checking, current, retirement, and payroll accounts; and provides loans, including mortgage, car, payroll, personal, structured, syndicated, SME loans, and credit cards, as well as letter of credit financing, acquisition funding, and import and export foreign trade financing.
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