Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $35.87 and last traded at $35.80, with a volume of 35435 shares trading hands. The stock had previously closed at $34.75.
Analyst Upgrades and Downgrades
Separately, Kepler Capital Markets cut Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th.
View Our Latest Research Report on ISNPY
Intesa Sanpaolo Price Performance
The company has a 50 day moving average price of $34.05 and a 200 day moving average price of $30.97. The company has a market capitalization of $106.41 billion, a price-to-earnings ratio of 11.14, a PEG ratio of 1.22 and a beta of 1.06. 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 (OTCMKTS:ISNPY - Get Free Report) last released its earnings results on Monday, May 26th. The financial services provider reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The company had revenue of $7.70 billion during the quarter, compared to analysts' expectations of $6.87 billion. Intesa Sanpaolo had a return on equity of 13.15% and a net margin of 20.01%. As a group, equities research analysts forecast that Intesa Sanpaolo SpA will post 2.91 earnings per share for the current year.
Intesa Sanpaolo Increases Dividend
The business also recently disclosed a dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 21st were paid a dividend of $0.8413 per share. The ex-dividend date of this dividend was Tuesday, May 20th. This is a boost from Intesa Sanpaolo's previous dividend of $0.41. This represents a dividend yield of 4.81%. Intesa Sanpaolo's payout ratio is 52.17%.
Intesa Sanpaolo Company Profile
(
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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.
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