NYSE:BAPCredicorp Stock Price, Forecast & News

$151.95

+7.90 (+5.48 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$145.97

Now: $151.95▼

$152.72

50-Day Range

$132.51

MA: $138.51▼

$149.09

52-Week Range

$118.00

Now: $151.95▼

$240.88

Volume457,237 shs

Average Volume397,364 shs

Market Capitalization$12.12 billion

P/E Ratio12.49

Dividend Yield6.01%

Beta0.85

Credicorp Ltd., a financial services holding company, provides various financial, insurance, and health services and products primarily in Peru and internationally. It operates through Universal Banking, Insurance and Pensions, Microfinance, and Investment Banking and Wealth Management segments. The company offers deposits and current accounts, and various credits and financial instruments to individuals and legal entities. It also issues insurance policies to cover losses in commercial property, transportation, marine vessels, automobile, life, health, and pensions, as well as provides private pension fund management services. In addition, the company offers microfinance, including the management of loans, credits, deposits, and current accounts of the small and microenterprises. Further, it provides investment brokerage and management services to corporations, institutional investors, governments, and foundations; and engages in structuring and placement of issues in the primary market, as well as the execution and negotiation of operations in the secondary market. Additionally, it structures securitization processes for corporate customers and manages mutual funds. Credicorp Ltd. was founded in 1889 and is based in Hamilton, Bermuda.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Credicorp has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $244.00, Credicorp has a potential upside of 60.6% from its current price of $151.95.
Amount of Analyst Coverage
Credicorp has only been the subject of 4 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Credicorp has received 291 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Credicorp has received 310 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Credicorp has received 51.58% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Credicorp and other stocks. Vote “Outperform” if you believe BAP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BAP will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Credicorp is a leading dividend payer. It pays a dividend yield of 6.01%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Credicorp has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Credicorp is 54.33 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Credicorp will have a dividend payout ratio of 59.11 % next year. This indicates that Credicorp will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Credicorp insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 15.90% of the stock of Credicorp is held by insiders.
Percentage Held by Institutions
65.47% of the stock of Credicorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Credicorp are expected to grow by 39.79% in the coming year, from $10.48 to $14.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Credicorp is 12.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Credicorp is 12.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.56.
Price to Earnings Growth Ratio
Credicorp has a PEG Ratio of 3.13. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Credicorp has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.66 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Commercial banks, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:BAP

Previous Symbol

CUSIPN/A

CIK1001290

Webwww.credicorp.gcs-web.com

Phone51-1-313-2014

Debt

Debt-to-Equity Ratio0.64

Current Ratio1.07

Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio12.49

Forward P/E Ratio14.50

P/E Growth3.13

Sales & Book Value

Annual Sales$4.96 billion

Price / Sales2.44

Cash Flow$19.84 per share

Price / Cash Flow7.66

Book Value$100.50 per share

Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$15.94

Net Income$1.28 billion

Net Margins19.30%

Return on Equity12.62%

Return on Assets1.72%

Miscellaneous

Employees34,024

Outstanding Shares79,760,000

Market Cap$12.12 billion

Next Earnings Date8/13/2020 (Estimated)

OptionableOptionable

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Credicorp (NYSE:BAP) Frequently Asked Questions

How has Credicorp's stock been impacted by COVID-19 (Coronavirus)?

Credicorp's stock was trading at $170.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BAP stock has decreased by 11.1% and is now trading at $151.95. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Credicorp?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Credicorp in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Credicorp.

When is Credicorp's next earnings date?

Credicorp is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Credicorp.

How were Credicorp's earnings last quarter?

Credicorp Ltd. (NYSE:BAP) posted its quarterly earnings data on Thursday, November, 7th. The bank reported $4.09 EPS for the quarter, missing analysts' consensus estimates of $4.25 by $0.16. The bank had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.07 billion. Credicorp had a net margin of 19.30% and a return on equity of 12.62%. View Credicorp's earnings history.

How often does Credicorp pay dividends? What is the dividend yield for Credicorp?

Credicorp declared an annual dividend on Tuesday, March 24th. Investors of record on Monday, April 13th will be paid a dividend of $8.4998 per share on Friday, May 8th. This represents a yield of 4.7%. The ex-dividend date of this dividend is Thursday, April 9th. This is a boost from Credicorp's previous annual dividend of $3.76. View Credicorp's dividend history.

What price target have analysts set for BAP?

6 Wall Street analysts have issued 1-year price objectives for Credicorp's stock. Their forecasts range from $238.00 to $250.00. On average, they expect Credicorp's stock price to reach $244.00 in the next twelve months. This suggests a possible upside of 60.6% from the stock's current price. View analysts' price targets for Credicorp.

Has Credicorp been receiving favorable news coverage?

News headlines about BAP stock have trended very negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Credicorp earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines 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 immediate future. View the latest news aboutCredicorp.

Are investors shorting Credicorp?

Credicorp saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 476,900 shares, a decline of 16.2% from the April 15th total of 568,900 shares. Based on an average daily trading volume, of 437,500 shares, the short-interest ratio is presently 1.1 days. Approximately 0.9% of the company's shares are short sold. View Credicorp's Current Options Chain.

Who are some of Credicorp's key competitors?

Some companies that are related to Credicorp include Banco Santander (SAN), Westpac Banking (WBK), Sumitomo Mitsui Financial Grp (SMFG), ANZ (ANZBY), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), Boc Hong Kong (BHKLY), HANG SENG BK LT/S (HSNGY), ICICI Bank (IBN), Lloyds Banking Group (LYG), ING Groep (ING), NORDEA Bk AB SW/S (NRDBY), OVERSEA-CHINESE/ADR (OVCHY), Barclays (BCS) and CR AGRICOLE S A/ADR (CRARY). View all competitors.

What other stocks do shareholders of Credicorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Credicorp investors own include NVIDIA (NVDA), Tesla (TSLA), Lam Research (LRCX), UnitedHealth Group (UNH), Boeing (BA), Alibaba Group (BABA), Lockheed Martin (LMT), Pfizer (PFE), Visa (V) and Verizon Communications (VZ).

Who are Credicorp's key executives?

Credicorp's management team includes the following people:

Mr. Dionisio Romero Paoletti, Exec. Chairman (Age 54)
Mr. Walter Bayly Llona, Chief Exec. Officer (Age 62)
Mr. César Ríos Briceño, Chief Financial Officer
Mr. José Luis Muñoz Rivera, Head of Accounting
Ms. Giuliana Cuzquén, Investor Relations Officer

What is Credicorp's stock symbol?

Credicorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BAP."

Who are Credicorp's major shareholders?

Credicorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (5.85%), BlackRock Inc. (4.55%), JPMorgan Chase & Co. (4.39%), State Street Corp (3.02%), Baillie Gifford & Co. (2.40%) and Genesis Investment Management LLP (1.83%). View institutional ownership trends for Credicorp.

Which institutional investors are selling Credicorp stock?

BAP stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Schroder Investment Management Group, William Blair Investment Management LLC, BlackRock Inc., Deutsche Bank AG, Vontobel Asset Management Inc., Victory Capital Management Inc., and Victory Capital Management Inc.. View insider buying and selling activity for Credicorp.

Which institutional investors are buying Credicorp stock?

BAP stock was acquired by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Genesis Investment Management LLP, Sarasin & Partners LLP, JPMorgan Chase & Co., Wellington Management Group LLP, Nuveen Asset Management LLC, State Street Corp, and APG Asset Management N.V.. View insider buying and selling activity for Credicorp.

How do I buy shares of Credicorp?

Shares of BAP 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 Credicorp's stock price today?

One share of BAP stock can currently be purchased for approximately $151.95.

How big of a company is Credicorp?

Credicorp has a market capitalization of $12.12 billion and generates $4.96 billion in revenue each year. The bank earns $1.28 billion in net income (profit) each year or $15.94 on an earnings per share basis. Credicorp employs 34,024 workers across the globe.

What is Credicorp's official website?

The official website for Credicorp is www.credicorp.gcs-web.com.

How can I contact Credicorp?

Credicorp's mailing address is Clarendon House 2 Church Street P.O. Box HM 666, Hamilton D0, . The bank can be reached via phone at 51-1-313-2014 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff