Intesa Sanpaolo (OTCMKTS:ISNPY) Reaches New 1-Year High - Should You Buy?

Intesa Sanpaolo S.p.A. (OTCMKTS:ISNPY - Get Free Report)'s share price reached a new 52-week high during trading on Friday . The company traded as high as $34.55 and last traded at $34.45, with a volume of 315847 shares traded. The stock had previously closed at $33.79.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ISNPY shares. Kepler Capital Markets downgraded shares of Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th. BNP Paribas raised shares of Intesa Sanpaolo from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 26th.

Intesa Sanpaolo Price Performance

The firm has a market cap of $102.22 billion, a PE ratio of 10.70, a P/E/G ratio of 0.85 and a beta of 1.09. The stock has a 50-day moving average price of $31.36 and a 200 day moving average price of $28.34.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last posted its quarterly earnings results on Monday, April 14th. The financial services provider reported $0.51 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.35). The business had revenue of $7.23 billion during the quarter. As a group, equities research analysts anticipate that Intesa Sanpaolo S.p.A. will post 2.91 earnings per share for the current year.

Intesa Sanpaolo Increases Dividend

The business also recently declared a dividend, which was paid on Monday, June 2nd. Shareholders 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 represents a yield of 4.81%. This is an increase from Intesa Sanpaolo's previous dividend of $0.41. Intesa Sanpaolo's dividend payout ratio (DPR) is currently 51.86%.

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.

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