Intercorp Financial Services (IFS) to Release Earnings on Thursday

Intercorp Financial Services (NYSE:IFS - Get Free Report) is expected to post its quarterly earnings results after the market closes on Thursday, May 8th. Analysts expect Intercorp Financial Services to post earnings of $0.89 per share and revenue of $1.35 billion for the quarter.

Intercorp Financial Services (NYSE:IFS - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.94 by $0.19. Intercorp Financial Services had a net margin of 21.03% and a return on equity of 12.38%. On average, analysts expect Intercorp Financial Services to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Intercorp Financial Services Trading Down 0.3 %

Intercorp Financial Services stock traded down $0.11 on Tuesday, reaching $34.51. 65,605 shares of the stock were exchanged, compared to its average volume of 135,143. Intercorp Financial Services has a twelve month low of $21.40 and a twelve month high of $35.32. The firm has a fifty day moving average price of $32.33 and a two-hundred day moving average price of $30.30. The stock has a market cap of $3.95 billion, a PE ratio of 11.44, a PEG ratio of 0.32 and a beta of 1.17.

Intercorp Financial Services Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Monday, May 5th. Investors of record on Thursday, April 24th were given a dividend of $1.00 per share. The ex-dividend date was Wednesday, April 23rd. This represents a dividend yield of 3%. Intercorp Financial Services's dividend payout ratio is presently 31.46%.

Insiders Place Their Bets

In related news, major shareholder Peru Ltd Intercorp acquired 77,988 shares of the company's stock in a transaction dated Monday, March 24th. The shares were bought at an average price of $19.58 per share, for a total transaction of $1,527,005.04. Following the acquisition, the insider now owns 2,589,334 shares in the company, valued at $50,699,159.72. This trade represents a 3.11 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

About Intercorp Financial Services

Intercorp Financial Services Inc, together with its subsidiaries, offers banking, insurance, wealth management, and payment services for retail and commercial clients in Peru. The company provides loans, credit facilities, deposits, and current accounts; life annuity products with single-premium payment and conventional life insurance products, as well as other retail insurance products; and brokerage and investment management services.