Popular Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Popular in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Popular stock.
View analyst ratings for Popular or view top-rated stocks.

Wall Street analysts have given Popular a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Popular wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Popular saw a drop in short interest during the month of May. As of May 28th, there was short interest totaling 4,650,000 shares, a drop of 17.4% from the May 13th total of 5,630,000 shares. Based on an average trading volume of 609,400 shares, the days-to-cover ratio is currently 7.6 days. Currently, 5.9% of the company's shares are short sold.
View Popular's Short Interest.

Popular is scheduled to release its next quarterly earnings announcement on Thursday, July 22nd 2021.
View our earnings forecast for Popular.

Popular, Inc. (NASDAQ:BPOP) issued its earnings results on Wednesday, April, 28th. The bank reported $3.12 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.91 by $1.21. The bank earned $632.77 million during the quarter, compared to analyst estimates of $609.12 million. Popular had a net margin of 28.17% and a trailing twelve-month return on equity of 12.47%. During the same period in the prior year, the firm earned $0.37 EPS.
View Popular's earnings history.

Popular's stock was trading at $38.31 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BPOP shares have increased by 89.0% and is now trading at $72.40.
View which stocks have been most impacted by COVID-19.

Popular declared a quarterly dividend on Friday, May 7th. Investors of record on Wednesday, May 26th will be paid a dividend of $0.45 per share on Thursday, July 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date is Tuesday, May 25th. This is a positive change from Popular's previous quarterly dividend of $0.40.
View Popular's dividend history.

Popular pays an annual dividend of $1.80 per share and currently has a dividend yield of 2.42%. Popular has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Popular is 30.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Popular will have a dividend payout ratio of 23.97% next year. This indicates that Popular will be able to sustain or increase its dividend.
View Popular's dividend history.

5 equities research analysts have issued 1 year target prices for Popular's stock. Their forecasts range from $62.00 to $83.00. On average, they anticipate Popular's share price to reach $78.00 in the next twelve months. This suggests a possible upside of 7.7% from the stock's current price.
View analysts' price targets for Popular or view top-rated stocks among Wall Street analysts.

44 employees have rated Popular CEO Ignacio Alvarez on Glassdoor.com. Ignacio Alvarez has an approval rating of 90% among Popular's employees.

Some companies that are related to Popular include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), First Horizon (FHN), Western Alliance Bancorporation (WAL), Commerce Bancshares (CBSH) and Zions Bancorporation, National Association (ZION).
View all of BPOP's competitors.

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 investors include Price T Rowe Associates Inc. MD (6.46%), Dimensional Fund Advisors LP (5.22%), BlackRock Inc. (4.65%), Polaris Capital Management LLC (4.28%), Ameriprise Financial Inc. (3.45%) and Russell Investments Group Ltd. (1.62%). Company insiders that own Popular stock include Camille Burckhart, Carlos J Vazquez, Eduardo J Negron, Eli Sepulveda, Javier D Ferrer, Joaquin E Bacardi III, Jorge J Garcia, Juan Guerrero, Luis E Cestero and Maria Luisa Ferre.
View institutional ownership trends for Popular.

BPOP stock was sold by a variety of institutional investors in the last quarter, including Two Creeks Capital Management LP, Point72 Asset Management L.P., Man Group plc, Polaris Capital Management LLC, EJF Capital LLC, Allianz Asset Management GmbH, Russell Investments Group Ltd., and Alyeska Investment Group L.P.. Company insiders that have sold Popular company stock in the last year include Camille Burckhart, Carlos J Vazquez, Eduardo J Negron, Eli Sepulveda, Juan Guerrero, and Luis E Cestero.
View insider buying and selling activity for Popular or view top insider-selling stocks.

BPOP stock was acquired by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Rubric Capital Management LP, Stieven Capital Advisors L.P., Arctis Global LLC, BlackRock Inc., BNP Paribas Arbitrage SA, Vaughan Nelson Investment Management L.P., and Monarch Partners Asset Management LLC.
View insider buying and selling activity for Popular or or view top insider-buying stocks.

Shares of BPOP 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 $72.40.

Popular has a market capitalization of $5.84 billion and generates $2.60 billion in revenue each year. The bank earns $506.62 million in net income (profit) each year or $5.87 on an earnings per share basis.

Popular employs 8,700 workers across the globe.

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

Popular is headquartered at 209 Munoz Rivera Avenue Popular Center Building, Hato Rey PR, 00936.

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]