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

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report)'s share price traded up 2.3% on Wednesday . The company 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.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. BNP Paribas upgraded shares of Intesa Sanpaolo from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 26th. Kepler Capital Markets downgraded shares of Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th.

Intesa Sanpaolo Stock Down 1.7%

The company's 50-day simple moving average is $33.55 and its two-hundred day simple moving average is $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 firm has a market capitalization of $103.91 billion, a P/E ratio of 10.88, a P/E/G ratio of 1.13 and a beta of 1.06.

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

Intesa Sanpaolo Increases Dividend

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