Intesa Sanpaolo (ISNPY) Projected to Post Quarterly Earnings on Monday

Key Points

• Intesa Sanpaolo is expected to report its quarterly earnings on August 11th, with analysts predicting earnings of $0.93 per share and revenue of $6.85 billion.
• The company has recently increased its dividend payout to $0.8413 per share, significantly up from the previous $0.41, showcasing a high dividend yield of 481.0%.
• Shares of Intesa Sanpaolo have traded up to $35.96, with a market cap of approximately $106.70 billion and a price-to-earnings ratio of 11.17.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) is anticipated to release its earnings data before the market opens on Monday, August 11th. Analysts expect Intesa Sanpaolo to post earnings of $0.93 per share and revenue of $6.85 billion for the quarter.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last released its quarterly earnings results on Monday, May 26th. The financial services provider reported $0.95 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. The firm had revenue of $7.70 billion during the quarter, compared to analyst estimates of $6.87 billion. Intesa Sanpaolo had a net margin of 20.01% and a return on equity of 13.15%. On average, analysts expect Intesa Sanpaolo to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Intesa Sanpaolo Price Performance

Shares of ISNPY traded up $1.10 during mid-day trading on Monday, reaching $35.96. 1,155 shares of the stock traded hands, compared to its average volume of 185,567. The firm has a fifty day moving average price of $34.32 and a 200 day moving average price of $31.40. The company has a market cap of $106.70 billion, a price-to-earnings ratio of 11.17, a price-to-earnings-growth ratio of 1.19 and a beta of 1.07. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.69. Intesa Sanpaolo has a 1 year low of $21.99 and a 1 year high of $37.54.

Intesa Sanpaolo Increases Dividend

The company also recently declared a dividend, which was paid on Monday, June 2nd. Stockholders of record on Wednesday, May 21st were given a dividend of $0.8413 per share. This is an increase from Intesa Sanpaolo's previous dividend of $0.41. The ex-dividend date was Tuesday, May 20th. This represents a dividend yield of 481.0%. Intesa Sanpaolo's dividend payout ratio (DPR) is presently 52.17%.

Analyst Ratings Changes

Separately, Kepler Capital Markets lowered shares of Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th.

About Intesa Sanpaolo

Intesa Sanpaolo S.p.A. provides various financial products and services primarily in Italy. It operates through six segments: Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance. The company offers lending and deposit products; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.