Popular - BPOP Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Popular in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BPOP shares.
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4 Wall Street analysts have issued 1 year target prices for Popular's shares. Their BPOP share price forecasts range from $57.00 to $80.00. On average, they predict the company's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 26.8% from the stock's current price.
View analysts price targets for BPOP or view top-rated stocks among Wall Street analysts.

Popular's stock was trading at $66.32 at the beginning of 2023. Since then, BPOP stock has decreased by 16.8% and is now trading at $55.21.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our BPOP earnings forecast.

Popular, Inc. (NASDAQ:BPOP) released its quarterly earnings data on Wednesday, January, 25th. The bank reported $3.56 earnings per share for the quarter, beating the consensus estimate of $2.75 by $0.81. The bank earned $559.57 million during the quarter, compared to analysts' expectations of $730.82 million. Popular had a net margin of 32.75% and a trailing twelve-month return on equity of 26.47%. The company's revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the previous year, the company posted $2.58 earnings per share.

Popular declared a quarterly dividend on Tuesday, February 28th. Stockholders of record on Monday, March 20th will be paid a dividend of $0.55 per share on Monday, April 3rd. This represents a $2.20 annualized dividend and a yield of 3.98%. The ex-dividend date is Friday, March 17th.
Read our dividend analysis for BPOP.

ETFs with the largest weight of Popular (NASDAQ:BPOP) stock in their portfolio include First Trust Nasdaq Bank ETF (FTXO), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Leatherback Long/Short Alternative Yield ETF (LBAY), Invesco KBW Regional Banking ETF (KBWR), iShares Focused Value Factor ETF (FOVL), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE) and Direxion Daily Regional Banks Bull 3x Shares (DPST).

Popular (NASDAQ:BPOP) pays an annual dividend of $2.20 per share and currently has a dividend yield of 4.05%. BPOP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BPOP will have a dividend payout ratio of 22.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BPOP.

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.

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).

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

Popular's stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.58%), Price T Rowe Associates Inc. MD (4.95%), Polaris Capital Management LLC (3.90%), T. Rowe Price Investment Management Inc. (3.14%), Millennium Management LLC (2.02%) and Geode Capital Management LLC (1.50%). Insiders that own company stock include Beatriz Castellvi, C Kim Goodwin, Camille Burckhart, Carlos J Vazquez, Carlos J Vazquez, Carlos Unanue, Eduardo J Negron, Eli Sepulveda, Ignacio Alvarez, Javier D Ferrer, Jorge J Garcia, Juan Guerrero, Luis E Cestero, Manuel Chinea, Maria Luisa Ferre and Richard L Carrion.
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Shares of BPOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BPOP stock can currently be purchased for approximately $55.21.

Popular (NASDAQ:BPOP) has a market capitalization of $3.97 billion and generates $3.36 billion in revenue each year. The bank earns $1.10 billion in net income (profit) each year or $14.72 on an earnings per share basis.

The company employs 8,900 workers across the globe.

Popular's mailing address is 209 Munoz Rivera Avenue Popular Center Building, Hato Rey PR, 00936. The official website for the company is www.popular.com. The bank can be reached via phone at (787) 765-9800, via email at investor-relations@bppr.com, or via fax at 787-751-2137.