Intesa Sanpaolo (OTCMKTS:ISNPY) Trading 2.3% Higher - Should You Buy?

Intesa Sanpaolo SpA (OTCMKTS:ISNPY - Get Free Report)'s share price traded up 2.3% during trading on Wednesday . The stock traded as high as $35.68 and last traded at $35.61. 175,164 shares changed 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 Analyst Weigh In

Several equities analysts have recently commented 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 lowered shares of Intesa Sanpaolo from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 7th.

Intesa Sanpaolo Stock Up 2.3%

The stock's 50-day moving average is $33.55 and its 200-day moving average is $30.04. The stock has a market cap of $105.66 billion, a P/E ratio of 11.06, a price-to-earnings-growth ratio of 1.13 and a beta of 1.06. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.69.

Intesa Sanpaolo (OTCMKTS:ISNPY - Get Free Report) last announced its earnings results 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 company had revenue of $7.23 billion during the quarter. Intesa Sanpaolo had a net margin of 20.01% and a return on equity of 13.15%. As a group, research analysts anticipate that Intesa Sanpaolo SpA will post 2.91 earnings per share for the current fiscal year.

Intesa Sanpaolo Increases Dividend

The business also recently announced a dividend, which was paid on Monday, June 2nd. Investors of record on Wednesday, May 21st were given a $0.8413 dividend. This represents a yield of 4.81%. The ex-dividend date of this dividend was Tuesday, May 20th. This is a positive change from Intesa Sanpaolo's previous dividend of $0.41. Intesa Sanpaolo's dividend 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.