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

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$56.37 +0.92 (+1.66 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$55.45
Today's Range$55.20 - $56.50
52-Week Range$40.80 - $58.55
Volume694,802 shs
Average Volume606,785 shs
Market Capitalization$5.66 billion
P/E Ratio11.82
Dividend Yield1.80%
Beta1.2
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.67 billion
Cash Flow$3.0939 per share
Book Value$49.51 per share

Profitability

Net Income$618.16 million

Miscellaneous

Employees7,784
Market Cap$5.66 billion
OptionableOptionable

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 announced a quarterly dividend on Friday, February 15th. Investors of record on Friday, March 8th will be given a dividend of $0.30 per share on Monday, April 1st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Thursday, March 7th. This is an increase from Popular's previous quarterly dividend of $0.25. View Popular's Dividend History.

How will Popular's stock buyback program work?

Popular announced that its Board of Directors has initiated a stock repurchase program on Friday, April 7th 2017, which allows the company to buyback $75,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 1.6% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board believes its shares are undervalued.

How were Popular's earnings last quarter?

Popular Inc (NASDAQ:BPOP) posted its quarterly earnings data on Wednesday, January, 23rd. The bank reported $1.33 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.39 by $0.06. The bank earned $629.39 million during the quarter, compared to the consensus estimate of $602.90 million. Popular had a return on equity of 9.41% and a net margin of 23.01%. During the same period in the prior year, the business earned ($1.01) EPS. View Popular's Earnings History.

When is Popular's next earnings date?

Popular is scheduled to release their next quarterly earnings announcement on Tuesday, April 23rd 2019. View Earnings Estimates for Popular.

What price target have analysts set for BPOP?

7 equities research analysts have issued 1-year price objectives for Popular's stock. Their forecasts range from $46.00 to $62.00. On average, they expect Popular's share price to reach $55.00 in the next twelve months. This suggests that the stock has a possible downside of 2.4%. View Analyst Price Targets for Popular.

What is the consensus analysts' recommendation for Popular?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Popular in the last year. There are currently 1 hold rating and 6 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. " (1/29/2019)
  • 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)

Has Popular been receiving favorable news coverage?

Media coverage about BPOP stock has been trending neutral this week, according to InfoTrie. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Popular earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days.

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 67)
  • Mr. Ignacio Alvarez Esq., Pres, CEO & Director (Age 61)
  • Mr. Carlos J. Vázquez, Exec. VP & CFO (Age 60)
  • Mr. Javier D. Ferrer-Fernández J.D., Exec. VP, Gen. Counsel & Sec. (Age 58)
  • Mr. Lidio V. Soriano CPA, Exec. VP & Chief Risk Officer of Corp. Risk Management Group (Age 50)

Who are Popular's major shareholders?

Popular's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.68%), Polaris Capital Management LLC (4.17%), Dimensional Fund Advisors LP (3.84%), Investec Asset Management LTD (3.37%), Frontier Capital Management Co. LLC (2.01%) and Millennium Management LLC (1.28%). Company insiders that own Popular stock include Alejandro M Ballester, Beatriz Castellvi, Eduardo J Negron, Eli Sepulveda, Gilberto Monzon, Ignacio Alvarez, Jorge J Garcia, Juan Guerrero, Maria Luisa Ferre, O Rivera Nestor and Richard L Carrion. View Institutional Ownership Trends for Popular.

Which institutional investors are selling Popular stock?

BPOP stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Frontier Capital Management Co. LLC, Nuveen Asset Management LLC, Dimensional Fund Advisors LP, Monarch Partners Asset Management LLC, BlackRock Inc., Susquehanna Fundamental Investments LLC and Millennium Management LLC. Company insiders that have sold Popular company stock in the last year include Alejandro M Ballester, Beatriz Castellvi, Eli Sepulveda, Gilberto Monzon, Ignacio Alvarez, Jorge J Garcia, Juan Guerrero, Maria Luisa Ferre and Richard L Carrion. View Insider Buying and Selling for Popular.

Which institutional investors are buying Popular stock?

BPOP stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Bank of New York Mellon Corp, Principal Financial Group Inc., Two Sigma Advisers LP, Copper Rock Capital Partners LLC, Two Sigma Investments LP, Boston Partners and Polaris Capital Management LLC. 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 $56.37.

How big of a company is Popular?

Popular has a market capitalization of $5.66 billion and generates $2.67 billion in revenue each year. The bank earns $618.16 million in net income (profit) each year or $4.77 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:  368 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  711
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 2/19/2019 by MarketBeat.com Staff

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