NASDAQ:BPOPPopular Stock Price, Forecast & News

Popular's stock was trading at $38.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BPOP shares have increased by 13.8% and is now trading at $43.60. 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) announced its quarterly earnings data on Thursday, April, 30th. The bank reported $0.37 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.37 by $1.00. The bank earned $599.74 million during 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 period last year, the company posted $1.69 EPS. View Popular's earnings history.

Popular announced a quarterly dividend on Wednesday, May 13th. Shareholders of record on Tuesday, June 2nd will be paid a dividend of $0.40 per share on Wednesday, July 1st. This represents a $1.60 dividend on an annualized basis and a yield of 3.67%. The ex-dividend date is Monday, June 1st. View Popular's dividend history.

3 analysts have issued 1-year target prices for Popular's stock. Their forecasts range from $37.00 to $59.00. On average, they expect Popular's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price. View analysts' price targets for Popular.

News stories about BPOP stock have trended somewhat positive recently, InfoTrie reports. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Popular earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the company's share price in the near future. View the latest news aboutPopular.

Popular saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,120,000 shares, a decline of 5.1% from the April 30th total of 1,180,000 shares. Based on an average trading volume of 1,230,000 shares, the short-interest ratio is currently 0.9 days. Approximately 1.3% of the company's shares are short sold. 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), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) 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 variety of institutional and retail 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 purchased 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 $43.60.

Popular has a market capitalization of $3.74 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]