Popular (BPOP) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Popular in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BPOP shares.
View BPOP analyst ratings or view top-rated stocks.

4 brokerages have issued 12-month price objectives for Popular's shares. Their BPOP share price forecasts range from $57.00 to $80.00. On average, they anticipate the company's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 11.3% 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 5.2% and is now trading at $62.87.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our BPOP earnings forecast.

Popular, Inc. (NASDAQ:BPOP) announced its quarterly earnings results on Wednesday, April, 26th. The bank reported $2.22 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.18. The bank earned $693.62 million during the quarter, compared to the consensus estimate of $690.66 million. Popular had a net margin of 29.29% and a trailing twelve-month return on equity of 25.51%. The company's revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the business earned $2.69 EPS.

Popular declared a quarterly dividend on Thursday, May 11th. Stockholders of record on Thursday, June 1st will be paid a dividend of $0.55 per share on Monday, July 3rd. This represents a $2.20 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend is Wednesday, May 31st.
Read our dividend analysis for BPOP.

ETFs with the largest weight of Popular (NASDAQ:BPOP) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), LeaderShares AlphaFactor Tactical Focused ETF (LSAT), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI), Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), iShares Focused Value Factor ETF (FOVL) and SPDR S&P Bank ETF (KBE).

Popular (NASDAQ:BPOP) pays an annual dividend of $2.20 per share and currently has a dividend yield of 3.85%. 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 15.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BPOP will have a dividend payout ratio of 23.86% 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 variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.09%), Dimensional Fund Advisors LP (5.56%), First Trust Advisors LP (4.91%), BlackRock Inc. (4.83%), FMR LLC (3.83%) and Polaris Capital Management LLC (3.66%). 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, 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.

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.
Compare Top Brokerages Here.

One share of BPOP stock can currently be purchased for approximately $62.87.

Popular (NASDAQ:BPOP) has a market capitalization of $4.52 billion and generates $3.36 billion in revenue each year. The bank earns $1.10 billion in net income (profit) each year or $14.25 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.