NASDAQ:BPOPPopular Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Popular Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $39.57 +0.08 (+0.20 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$38.82Now: $39.57▼$40.3650-Day Range$32.16MA: $36.61▼$41.8552-Week Range$23.69Now: $39.57▼$61.46Volume730,092 shsAverage Volume1.00 million shsMarket Capitalization$3.39 billionP/E Ratio7.12Dividend Yield4.05%Beta1.27 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services. 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, automobile loans, 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 investment banking, broker-dealer, and insurance services. As of December 31, 2018, it operated 172 branches, including 67 owned and 105 leased premises in Puerto Rico; 51 branches comprising 5 owned and 46 leased premises in New York, New Jersey, and Florida; and 619 ATMs in Puerto Rico, 22 ATMs in Virgin Islands, and 115 ATMs in the United States mainland. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingPopular has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.00, Popular has a potential upside of 26.4% from its current price of $39.57.Amount of Analyst CoveragePopular has only been the subject of 3 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesPopular has received 404 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPopular has received 395 “underperform” votes. (Add your “underperform” vote.)Community SentimentPopular has received 50.56% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipPopular is a leading dividend payer. It pays a dividend yield of 4.05%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPopular has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Popular is 23.26 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Popular will have a dividend payout ratio of 34.33 % next year. This indicates that Popular will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Popular insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.47% of the stock of Popular is held by insiders.Percentage Held by Institutions88.45% of the stock of Popular is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Popular are expected to grow by 28.37% in the coming year, from $3.63 to $4.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Popular is 7.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Popular is 7.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.94.Price to Book Value per Share RatioPopular has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.69 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:BPOP Previous Symbol CUSIP73317470 CIK763901 Webwww.popular.com Phone787-765-9800Debt Debt-to-Equity RatioN/A Current Ratio0.72 Quick Ratio0.72Price-To-Earnings Trailing P/E Ratio7.12 Forward P/E Ratio10.90 P/E GrowthN/A Sales & Book Value Annual Sales$2.83 billion Price / Sales1.20 Cash Flow$5.98 per share Price / Cash Flow6.62 Book Value$61.68 per share Price / Book0.64Profitability EPS (Most Recent Fiscal Year)$6.88 Net Income$671.14 million Net Margins18.98% Return on Equity9.23% Return on Assets1.03%Miscellaneous Employees8,560 Outstanding Shares85,716,000Market Cap$3.39 billion Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NASDAQ:BPOP Rates by TradingView Receive BPOP News and Ratings via Email Sign-up to receive the latest news and ratings for BPOP and its competitors with MarketBeat's FREE daily newsletter. Popular (NASDAQ:BPOP) Frequently Asked Questions How has Popular's stock been impacted by COVID-19 (Coronavirus)? 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 stock has increased by 3.3% and is now trading at $39.57. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Popular? 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. When is Popular's next earnings date? Popular is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Popular. How were Popular's earnings last quarter? Popular Inc (NASDAQ:BPOP) announced its quarterly earnings results on Thursday, April, 30th. The bank reported $0.37 EPS for the quarter, missing the consensus estimate of $1.37 by $1.00. The bank had revenue of $599.74 million for the quarter, compared to analysts' expectations of $604.57 million. Popular had a return on equity of 9.23% and a net margin of 18.98%. During the same period in the previous year, the company posted $1.69 EPS. View Popular's earnings history. How often does Popular pay dividends? What is the dividend yield for Popular? 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 annualized dividend and a dividend yield of 4.04%. The ex-dividend date of this dividend is Monday, June 1st. View Popular's dividend history. What price target have analysts set for BPOP? 3 Wall Street analysts have issued 1-year price objectives for Popular's shares. Their forecasts range from $37.00 to $59.00. On average, they expect Popular's stock price to reach $50.00 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price. View analysts' price targets for Popular. Has Popular been receiving favorable news coverage? Media coverage about BPOP stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Popular earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutPopular. Are investors shorting Popular? Popular saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,120,000 shares, a decrease 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 presently 0.9 days. Approximately 1.3% of the shares of the company are sold short. View Popular's Current Options Chain. Who are some of Popular's key competitors? 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), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Signature Bank (SBNY), Zions Bancorporation NA (ZION) and East West Bancorp (EWBC). View all competitors. What other stocks do shareholders of Popular own? 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). Who are Popular's key executives? Popular's management team includes the following 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, Chief Legal Officer & Sec. (Age 58)Mr. Lidio V. Soriano CPA, Exec. VP & Chief Risk Officer of Corp. Risk Management Group (Age 50) What is Popular's stock symbol? Popular trades on the NASDAQ under the ticker symbol "BPOP." Who are Popular's major shareholders? Popular's stock is owned by a number of retail and institutional investors. Top institutional investors 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. Which institutional investors are selling Popular stock? 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. Which institutional investors are buying Popular stock? 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Popular's stock price today? One share of BPOP stock can currently be purchased for approximately $39.57. How big of a company is Popular? Popular has a market capitalization of $3.39 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. What is Popular's official website? The official website for Popular is 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] This page was last updated on 6/1/2020 by MarketBeat.com Staff
