Intesa Sanpaolo (OTCMKTS:ISNPY) Sets New 52-Week High - Time to Buy?

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report)'s share price reached a new 52-week high on Wednesday . The stock traded as high as $35.67 and last traded at $35.52, with a volume of 5335 shares trading hands. The stock had previously closed at $34.80.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ISNPY shares. BNP Paribas raised Intesa Sanpaolo from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 26th. Kepler Capital Markets lowered shares of Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

Intesa Sanpaolo Price Performance

The company has a 50-day moving average of $33.49 and a 200 day moving average of $30.00. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of $105.66 billion, a PE ratio of 11.06, a PEG ratio of 1.13 and a beta of 1.06.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last posted its earnings results on Monday, April 14th. The financial services provider reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.35). Intesa Sanpaolo had a net margin of 20.01% and a return on equity of 13.15%. The company had revenue of $7.23 billion during the quarter. Sell-side analysts predict that Intesa Sanpaolo SpA will post 2.91 EPS for the current year.

Intesa Sanpaolo Increases Dividend

The firm also recently announced 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. This is an increase from Intesa Sanpaolo's previous dividend of $0.41. This represents a yield of 4.81%. The ex-dividend date of this dividend was Tuesday, May 20th. Intesa Sanpaolo's dividend payout ratio is presently 52.17%.

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.