Intesa Sanpaolo (OTCMKTS:ISNPY) Reaches New 52-Week High - What's Next?

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company 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.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ISNPY shares. 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. BNP Paribas upgraded shares of Intesa Sanpaolo from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 26th.

Intesa Sanpaolo Stock Down 1.7%

The company has a 50-day moving average of $33.55 and a two-hundred day moving average of $30.04. The company has a debt-to-equity ratio of 1.69, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market capitalization of $103.83 billion, a PE ratio of 10.87, a P/E/G ratio of 1.13 and a beta of 1.06.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last posted its quarterly earnings data on Monday, April 14th. The financial services provider reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.86 by ($0.35). The company 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%. Sell-side analysts anticipate that Intesa Sanpaolo SpA will post 2.91 earnings per share for the current fiscal year.

Intesa Sanpaolo Increases Dividend

The company also recently declared a dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 21st were issued 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 payout ratio is currently 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.