Popular (BPOP) Stock Price, News & Analysis

$88.36
+0.48 (+0.55%)
(As of 04/24/2024 ET)
Today's Range
$86.81
$88.60
50-Day Range
$80.87
$88.36
52-Week Range
$52.32
$89.70
Volume
446,720 shs
Average Volume
452,653 shs
Market Capitalization
$6.39 billion
P/E Ratio
11.73
Dividend Yield
2.81%
Price Target
$99.22

Popular MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
12.3% Upside
$99.22 Price Target
Short Interest
Healthy
0.68% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.73
Upright™ Environmental Score
News Sentiment
0.35mentions of Popular in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$443,098 Sold Last Quarter
Proj. Earnings Growth
32.16%
From $8.52 to $11.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.98 out of 5 stars

Finance Sector

5th out of 854 stocks

State Commercial Banks Industry

1st out of 179 stocks

BPOP stock logo

About Popular Stock (NASDAQ:BPOP)

Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and the British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit. It also offers commercial and industrial, commercial multi-family, commercial real estate, and residential mortgage loans; consumer loans, including personal loans, credit cards, automobile loans, 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 investment banking, auto and equipment leasing and financing, broker-dealer, and insurance services; debit cards; and online banking services. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.

BPOP Stock Price History

BPOP Stock News Headlines

Spain will scrap 'golden visas' that allow wealthy non-EU residents to stay if they buy real estate
The Spanish government says it will scrap so-called “golden visas” that allow wealthy people from outside the European Union to obtain residency permits on investing more than half a million euros (dollars) in real estate
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
Popular: Q1 Earnings Snapshot
Biden replacement revealed?
A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.
Popular Q1 2024 Earnings Preview
Popular, Inc. (BPOP)
Popular U Street taqueria plans Navy Yard expansion
Popular (BPOP) Scheduled to Post Quarterly Earnings on Tuesday
Roku: Popularity Does Not Mean Profitability
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 4/1 Dividend
3/13/2024
Dividend Payable
4/01/2024
Today
4/24/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:BPOP
CUSIP
73317470
Employees
9,237
Year Founded
1893

Price Target and Rating

Average Stock Price Target
$99.22
High Stock Price Target
$115.00
Low Stock Price Target
$63.00
Potential Upside/Downside
+12.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$541.34 million
Pretax Margin
17.34%

Debt

Sales & Book Value

Annual Sales
$3.90 billion
Cash Flow
$8.99 per share
Book Value
$71.03 per share

Miscellaneous

Free Float
70,754,000
Market Cap
$6.39 billion
Optionable
Optionable
Beta
0.82

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Key Executives


BPOP Stock Analysis - Frequently Asked Questions

Should I buy or sell Popular stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Popular in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BPOP shares.
View BPOP analyst ratings
or view top-rated stocks.

What is Popular's stock price target for 2024?

9 brokerages have issued 1 year price objectives for Popular's stock. Their BPOP share price targets range from $63.00 to $115.00. On average, they predict the company's share price to reach $99.22 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts price targets for BPOP
or view top-rated stocks among Wall Street analysts.

How have BPOP shares performed in 2024?

Popular's stock was trading at $82.07 at the start of the year. Since then, BPOP shares have increased by 7.7% and is now trading at $88.36.
View the best growth stocks for 2024 here
.

Are investors shorting Popular?

Popular saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 479,000 shares, a decline of 44.3% from the March 15th total of 859,800 shares. Based on an average trading volume of 466,500 shares, the short-interest ratio is currently 1.0 days. Approximately 0.7% of the company's stock are short sold.
View Popular's Short Interest
.

When is Popular's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our BPOP earnings forecast
.

How were Popular's earnings last quarter?

Popular, Inc. (NASDAQ:BPOP) announced its quarterly earnings data on Thursday, October, 26th. The bank reported $1.90 EPS for the quarter, beating the consensus estimate of $1.81 by $0.09. The bank earned $693.60 million during the quarter, compared to analysts' expectations of $703.21 million. Popular had a trailing twelve-month return on equity of 12.63% and a net margin of 13.86%. The company's quarterly revenue was down 31.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.70 earnings per share.

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

Popular announced a quarterly dividend on Friday, February 23rd. Shareholders of record on Thursday, March 14th will be given a dividend of $0.62 per share on Monday, April 1st. This represents a $2.48 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Wednesday, March 13th.
Read our dividend analysis for BPOP
.

Is Popular a good dividend stock?

Popular (NASDAQ:BPOP) pays an annual dividend of $2.48 per share and currently has a dividend yield of 2.91%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 32.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BPOP will have a dividend payout ratio of 22.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BPOP.

What is Ignacio Alvarez's approval rating as Popular's CEO?

78 employees have rated Popular Chief Executive Officer Ignacio Alvarez on Glassdoor.com. Ignacio Alvarez has an approval rating of 90% among the company's employees. 82.0% of employees surveyed would recommend working at Popular to a friend.

What other stocks do shareholders of Popular own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Popular investors own include AT&T (T), Advanced Micro Devices (AMD), AbbVie (ABBV), Pfizer (PFE), Taiwan Semiconductor Manufacturing (TSM), Alibaba Group (BABA), Energy Transfer (ET), Intel (INTC), QUALCOMM (QCOM) and Exxon Mobil (XOM).

Who are Popular's major shareholders?

Popular's stock is owned by a variety of institutional and retail investors. Top institutional investors include Polaris Capital Management LLC (2.74%), Fourth Sail Capital LP (0.25%), Perpetual Ltd (0.16%), Los Angeles Capital Management LLC (0.14%), Assenagon Asset Management S.A. (0.14%) and Alaska Permanent Fund Corp (0.05%). Insiders that own company stock include Alejandro M Sanchez, Beatriz Castellvi, C Kim Goodwin, Camille Burckhart, Carlos J Vazquez, Carlos J Vazquez, Carlos Unanue, Eduardo J Negron, Eli Sepulveda, Gilberto Monzon, Ignacio Alvarez, Javier D Ferrer, Jorge J Garcia, Juan Guerrero, Luis E Cestero, Manuel Chinea, Maria Luisa Ferre and Richard L Carrion.
View institutional ownership trends
.

How do I buy shares of Popular?

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

This page (NASDAQ:BPOP) was last updated on 4/25/2024 by MarketBeat.com Staff

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