NASDAQ:BPOP - Popular Stock Price, News, & Analysis

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$50.14 -0.03 (-0.06 %)
(As of 10/22/2018 10:05 AM ET)
Previous Close$50.17
Today's Range$50.00 - $50.34
52-Week Range$32.26 - $53.00
Volume35,661 shs
Average Volume666,418 shs
Market Capitalization$5.13 billion
P/E Ratio18.71
Dividend Yield1.99%
Beta1.14
Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services primarily to institutional and retail customers. The company accepts various deposit products. It also offers commercial and industrial loans; commercial real estate loans; residential mortgage loans; consumer loans, including personal loans, credit cards, home equity lines of credit, and other loans to individual borrowers; construction loans; and lease financing comprising automobile loans/leases. In addition, the company provides financial advisory, investment banking, investment and securities brokerage, and insurance and reinsurance services. As of December 31, 2017, it owned and occupied approximately 67 branch premises and other facilities in Puerto Rico; and 62 offices comprising 6 owned and 56 leased in New York, New Jersey, and Florida. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:BPOP
CUSIP73317470
Phone787-765-9800

Debt

Debt-to-Equity RatioN/A
Current Ratio0.80
Quick Ratio0.80

Price-To-Earnings

Trailing P/E Ratio18.71
Forward P/E Ratio10.67
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.15 billion
Price / Sales2.39
Cash Flow$3.0499 per share
Price / Cash16.44
Book Value$49.51 per share
Price / Book1.01

Profitability

EPS (Most Recent Fiscal Year)$2.68
Net Income$107.68 million
Net Margins12.21%
Return on Equity5.78%
Return on Assets0.66%

Miscellaneous

Employees7,784
Outstanding Shares102,320,000
Market Cap$5.13 billion

Popular (NASDAQ:BPOP) Frequently Asked Questions

What is Popular's stock symbol?

Popular trades on the NASDAQ under the ticker symbol "BPOP."

How often does Popular pay dividends? What is the dividend yield for Popular?

Popular declared a quarterly dividend on Friday, August 24th. Stockholders of record on Thursday, September 13th will be given a dividend of $0.25 per share on Monday, October 1st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Wednesday, September 12th. View Popular's Dividend History.

How will Popular's stock buyback program work?

Popular announced that its board has initiated a share buyback plan on Friday, April 7th 2017, which authorizes the company to buyback $75,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 1.6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

How were Popular's earnings last quarter?

Popular Inc (NASDAQ:BPOP) announced its quarterly earnings data on Tuesday, October, 31st. The bank reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.95 by $0.76. The bank had revenue of $478.50 million for the quarter, compared to analysts' expectations of $513.85 million. Popular had a net margin of 12.21% and a return on equity of 5.78%. Popular's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the business posted $0.44 EPS. View Popular's Earnings History.

When is Popular's next earnings date?

Popular is scheduled to release their next quarterly earnings announcement on Wednesday, October 24th 2018. View Earnings Estimates for Popular.

How can I listen to Popular's earnings call?

Popular will be holding an earnings conference call on Wednesday, October 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8662351201.

What price target have analysts set for BPOP?

9 brokerages have issued 12 month target prices for Popular's stock. Their forecasts range from $46.00 to $59.00. On average, they expect Popular's stock price to reach $53.5625 in the next year. This suggests a possible upside of 6.5% from the stock's current price. View Analyst Price Targets for Popular.

What is the consensus analysts' recommendation for Popular?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Popular in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Popular.

What are Wall Street analysts saying about Popular stock?

Here are some recent quotes from research analysts about Popular stock:
  • 1. According to Zacks Investment Research, "Popular, Inc. is a diversified, publicly owned bank holding company. The corporation's principal subsidiary, Banco Popular de Puerto Rico, has one of the largest retail franchise in Puerto Rico, operating numerous branches and automated teller machines. The Bank also operates branches in the U.S. Virgin Islands, the British Virgin Islands, and New York. " (5/2/2018)
  • 2. BTIG Research analysts commented, "in Focus as BPOP Prepares to Release 1Q18 Report The commentary offered by Popular Inc. (BPOP) management regarding credit quality in the company’s 4Q17 report on January 23 was surprisingly encouraging to many observers in light of the severity of the physical and economic damage inflicted on its home market of Puerto Rico by Hurricane Maria just over four months earlier. In particular, management noted that early delinquency data for auto, credit card and personal loans for the first few weeks of January 2018 had been similar to or better than that from the same period in the prior year.   That disclosure helped to sustain a relief rally in BPOP shares that had begun after the stock hit its post-Maria low tick on October 23. Since then, the stock has rallied by more than 35% such that it is now trading slightly above the company’s book value per share as of YE17. With BPOP scheduled to report its 1Q18 results on Tuesday, April 24, we believe additional appreciation in the stock will depend on what the company discloses regarding the credit performance of its mortgage book during the months that followed the expiration in December of a moratorium on payment collection." (4/18/2018)

Are investors shorting Popular?

Popular saw a decrease in short interest in the month of September. As of September 14th, there was short interest totalling 2,708,658 shares, a decrease of 40.8% from the August 31st total of 4,572,036 shares. Based on an average daily volume of 408,151 shares, the short-interest ratio is currently 6.6 days. Approximately 2.7% of the shares of the company are sold short. View Popular's Current Options Chain.

Who are some of Popular's key competitors?

Who are Popular's key executives?

Popular's management team includes the folowing people:
  • Mr. Richard L. Carrión, Exec. Chairman (Age 66)
  • Mr. Ignacio Alvarez Esq., Pres, CEO & Director (Age 60)
  • Mr. Carlos J. Vázquez, Exec. VP & CFO (Age 59)
  • Mr. Javier D. Ferrer-Fernández J.D., Exec. VP, Chief Legal Officer & Corp. Sec. (Age 57)
  • Mr. Lidio V. Soriano CPA, Exec. VP & Chief Risk Officer of Corp. Risk Management Group (Age 49)

Who are Popular's major shareholders?

Popular's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Aperio Group LLC (0.09%), Bank of Montreal Can (0.06%), Seven Eight Capital LP (0.03%), State of Alaska Department of Revenue (0.02%), Strs Ohio (0.01%) and Oakbrook Investments LLC (0.00%). Company insiders that own Popular stock include Alejandro M Ballester, Beatriz Castellvi, Carlos J Vazquez, Eduardo J Negron, Eli Sepulveda, Ignacio Alvarez, Ileana Gonzalez, Jorge J Garcia, Juan Guerrero, Maria Luisa Ferre, O Rivera Nestor and Richard L Carrion. View Institutional Ownership Trends for Popular.

Which major investors are selling Popular stock?

BPOP stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and Aperio Group LLC. Company insiders that have sold Popular company stock in the last year include Alejandro M Ballester, Beatriz Castellvi, Eli Sepulveda, Ignacio Alvarez, Jorge J Garcia, Maria Luisa Ferre and Richard L Carrion. View Insider Buying and Selling for Popular.

Which major investors are buying Popular stock?

BPOP stock was bought by a variety of institutional investors in the last quarter, including Seven Eight Capital LP, State of Alaska Department of Revenue, Oakbrook Investments LLC and Strs Ohio. View Insider Buying and Selling for Popular.

How do I buy shares of Popular?

Shares of BPOP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Popular's stock price today?

One share of BPOP stock can currently be purchased for approximately $50.31.

How big of a company is Popular?

Popular has a market capitalization of $5.13 billion and generates $2.15 billion in revenue each year. The bank earns $107.68 million in net income (profit) each year or $2.68 on an earnings per share basis. Popular employs 7,784 workers across the globe.

What is Popular's official website?

The official website for Popular is http://www.popular.com.

How can I contact Popular?

Popular's mailing address is 209 Munoz Rivera Avenue Popular Center Building, HATO REY PR, 00936. The bank can be reached via phone at 787-765-9800 or via email at [email protected]


MarketBeat Community Rating for Popular (NASDAQ BPOP)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  350 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  675
MarketBeat's community ratings are surveys of what our community members think about Popular and other stocks. Vote "Outperform" if you believe BPOP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BPOP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/22/2018 by MarketBeat.com Staff

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