NASDAQ:BPOPPopular Stock Price, Forecast & News

Popular's stock was trading at $38.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BPOP stock has increased by 10.4% and is now trading at $42.28. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Popular in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Popular.

Popular is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Popular.

Popular Inc (NASDAQ:BPOP) released its quarterly earnings data on Thursday, April, 30th. The bank reported $0.37 EPS for the quarter, missing the consensus estimate of $1.37 by $1.00. The bank had revenue of $599.74 million for the quarter, compared to analysts' expectations of $604.57 million. Popular had a net margin of 18.98% and a return on equity of 9.23%. During the same quarter in the previous year, the company earned $1.69 EPS. View Popular's earnings history.

Popular announced a quarterly dividend on Wednesday, May 13th. Stockholders of record on Tuesday, June 2nd will be given a dividend of $0.40 per share on Wednesday, July 1st. This represents a $1.60 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend is Monday, June 1st. View Popular's dividend history.

3 brokers have issued 1-year target prices for Popular's stock. Their forecasts range from $37.00 to $59.00. On average, they anticipate Popular's stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 18.3% from the stock's current price. View analysts' price targets for Popular.

Headlines about BPOP stock have trended negative recently, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Popular earned a coverage optimism score of -2.7 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutPopular.

Popular saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,120,000 shares, a drop of 5.1% from the April 30th total of 1,180,000 shares. Based on an average daily trading volume, of 1,230,000 shares, the days-to-cover ratio is presently 0.9 days. Approximately 1.3% of the company's stock are sold short. View Popular's Current Options Chain.

Some companies that are related to Popular include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Popular investors own include AbbVie (ABBV), AT&T (T), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Marathon Petroleum (MPC), Exxon Mobil (XOM), Advanced Micro Devices (AMD), Enbridge (ENB), Altria Group (MO) and Pfizer (PFE).

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

Popular's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.40%), Polaris Capital Management LLC (4.78%), AQR Capital Management LLC (3.76%), State Street Corp (2.43%), APG Asset Management N.V. (2.02%) and Russell Investments Group Ltd. (1.84%). Company insiders that own Popular stock include Alejandro M Ballester, Beatriz Castellvi, Carlos J Vazquez, Eduardo J Negron, Eli Sepulveda, Gilberto Monzon, Ignacio Alvarez, Javier D Ferrer, Joaquin E Bacardi III, Jorge J Garcia, Juan Guerrero, Luis E Cestero, Maria Luisa Ferre and Richard L Carrion. View institutional ownership trends for Popular.

BPOP stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., AJO LP, Wellington Management Group LLP, AQR Capital Management LLC, Raging Capital Management LLC, Two Sigma Investments LP, and APG Asset Management N.V.. Company insiders that have sold Popular company stock in the last year include Eduardo J Negron, Eli Sepulveda, Javier D Ferrer, Joaquin E Bacardi III, Jorge J Garcia, Luis E Cestero, and Maria Luisa Ferre. View insider buying and selling activity for Popular.

BPOP stock was acquired by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Parametric Portfolio Associates LLC, Russell Investments Group Ltd., Stilwell Value LLC, X Square Capital LLC, Squarepoint Ops LLC, Healthcare of Ontario Pension Plan Trust Fund, and Polaris Capital Management LLC. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of BPOP stock can currently be purchased for approximately $42.28.

Popular has a market capitalization of $3.62 billion and generates $2.83 billion in revenue each year. The bank earns $671.14 million in net income (profit) each year or $6.88 on an earnings per share basis. Popular employs 8,560 workers across the globe.

The official website for Popular is www.popular.com.

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]