Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY - Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $39.51 and traded as high as $45.13. Grupo Financiero Banorte shares last traded at $45.13, with a volume of 16,728 shares traded.
Grupo Financiero Banorte Stock Up 1.0%
The company's fifty day moving average price is $39.67 and its two-hundred day moving average price is $36.76.
Grupo Financiero Banorte (OTCMKTS:GBOOY - Get Free Report) last posted its earnings results on Tuesday, April 22nd. The company reported $1.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $26.79 by ($25.47). The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $40.28 billion. On average, research 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 company also recently declared a dividend, which was paid on Thursday, May 15th. Investors of record on Tuesday, May 6th were given a $2.1897 dividend. This represents a dividend yield of 12.07%. This is an increase from Grupo Financiero Banorte's previous dividend of $0.86. The ex-dividend date of this dividend was Monday, May 5th.
Grupo Financiero Banorte Company Profile
(
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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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