Intesa Sanpaolo (OTCMKTS:ISNPY) Sets New 12-Month High - Should You Buy?

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report)'s share price hit 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. The stock had previously closed at $34.80.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Kepler Capital Markets cut 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 report on Wednesday, March 26th.

Intesa Sanpaolo Stock Down 1.3%

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 firm has a market cap of $102.55 billion, a P/E ratio of 10.73, a PEG ratio of 1.13 and a beta of 1.06. The stock's 50-day simple moving average is $33.65 and its 200 day simple moving average is $30.19.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last issued its quarterly earnings results on Monday, April 14th. The financial services provider reported $0.51 EPS for the quarter, missing analysts' consensus estimates of $0.86 by ($0.35). The firm had revenue of $7.23 billion for the quarter. Intesa Sanpaolo had a net margin of 20.01% and a return on equity of 13.15%. As a group, research analysts forecast that Intesa Sanpaolo SpA will post 2.91 EPS for the current fiscal year.

Intesa Sanpaolo Increases Dividend

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

Intesa Sanpaolo Company Profile

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.