Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY - Get Free Report)'s share price 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 trading hands.
Grupo Financiero Banorte Stock Down 0.1%
The stock's 50 day moving average is $40.00 and its two-hundred day moving average is $36.88.
Grupo Financiero Banorte (OTCMKTS:GBOOY - Get Free Report) last released its earnings results on Tuesday, April 22nd. The company reported $1.32 earnings per share for the quarter, missing the consensus estimate of $26.79 by ($25.47). The firm had revenue of $1.99 billion during the quarter, compared to analyst estimates of $40.28 billion. As a group, equities analysts anticipate that Grupo Financiero Banorte, S.A.B. de C.V. will post 4.84 earnings per share for the current fiscal year.
Grupo Financiero Banorte Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, May 15th. Shareholders of record on Tuesday, May 6th were issued a $2.1897 dividend. The ex-dividend date was Monday, May 5th. This represents a yield of 12.07%. This is a positive change from Grupo Financiero Banorte's previous dividend of $0.86.
About Grupo Financiero Banorte
(
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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