Intesa Sanpaolo (OTCMKTS:ISNPY) Stock Price Up 2.3% - Should You Buy?

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report) traded up 2.3% during mid-day trading on Wednesday . The stock traded as high as $35.68 and last traded at $35.61. 175,164 shares traded hands during trading, an increase of 11% from the average session volume of 157,708 shares. The stock had previously closed at $34.80.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Kepler Capital Markets cut Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th. BNP Paribas upgraded Intesa Sanpaolo from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 26th.

Intesa Sanpaolo Trading Down 1.6%

The business has a fifty day simple moving average of $33.61 and a 200 day simple moving average of $30.12. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.17 and a current ratio of 1.17. The stock has a market cap of $102.25 billion, a price-to-earnings ratio of 10.70, a PEG ratio of 1.15 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 (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.35). Intesa Sanpaolo had a return on equity of 13.15% and a net margin of 20.01%. The business had revenue of $7.23 billion for the quarter. As a group, equities analysts anticipate that Intesa Sanpaolo SpA will post 2.91 EPS for the current year.

Intesa Sanpaolo Increases Dividend

The company also recently announced a dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 21st were issued a $0.8413 dividend. The ex-dividend date of this dividend was Tuesday, May 20th. This represents a yield of 4.81%. This is a boost from Intesa Sanpaolo's previous dividend of $0.41. Intesa Sanpaolo's dividend payout ratio (DPR) is presently 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.