Banco de Chile (BCH) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Banco de Chile in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BCH shares.
View BCH analyst ratings or view top-rated stocks.

2 brokers have issued 12 month target prices for Banco de Chile's stock. Their BCH share price forecasts range from $24.00 to $24.00. On average, they predict the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 19.6% from the stock's current price.
View analysts price targets for BCH or view top-rated stocks among Wall Street analysts.

Banco de Chile's stock was trading at $20.82 at the beginning of the year. Since then, BCH stock has decreased by 3.6% and is now trading at $20.07.
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Banco de Chile saw a increase in short interest in August. As of August 31st, there was short interest totaling 257,900 shares, an increase of 34.8% from the August 15th total of 191,300 shares. Based on an average daily volume of 114,700 shares, the days-to-cover ratio is presently 2.2 days.
View Banco de Chile's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our BCH earnings forecast.

Banco de Chile (NYSE:BCH) announced its quarterly earnings data on Thursday, July, 27th. The bank reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.08. The bank had revenue of $785.45 million for the quarter, compared to the consensus estimate of $937.34 million. Banco de Chile had a trailing twelve-month return on equity of 26.68% and a net margin of 33.67%.

Banco de Chile declared an annual dividend on Monday, February 27th. Shareholders of record on Friday, March 17th will be given a dividend of $1.3688 per share on Thursday, March 30th. This represents a yield of 5%. The ex-dividend date is Thursday, March 16th. This is an increase from the stock's previous annual dividend of $1.33.
Read our dividend analysis for BCH.

Banco de Chile (NYSE:BCH) pays an annual dividend of $1.62 per share and currently has a dividend yield of 8.09%. BCH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company 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 is 52.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BCH will have a dividend payout ratio of 65.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BCH.

Banco de Chile's stock split on Friday, November 23rd 2018. The 3-1 split was announced on Tuesday, October 23rd 2018. The newly issued shares were payable to shareholders after the closing bell on Wednesday, November 21st 2018. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

9 employees have rated Banco de Chile Chief Executive Officer Arturo Tagle Quiroz on Glassdoor.com. Arturo Tagle Quiroz has an approval rating of 86% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco de Chile investors own include Advanced Micro Devices (AMD), Pfizer (PFE), Weyerhaeuser (WY), Alibaba Group (BABA), Eastman Chemical (EMN), General Mills (GIS), GSK (GSK), Hormel Foods (HRL), Kraft Heinz (KHC) and China Life Insurance (LFC).

Banco de Chile trades on the New York Stock Exchange (NYSE) under the ticker symbol "BCH."

Banco de Chile's stock is owned by a variety of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (0.28%), Dimensional Fund Advisors LP (0.13%), BlackRock Inc. (0.05%), Itau Unibanco Holding S.A. (0.05%), First Trust Direct Indexing L.P. (0.02%) and Northern Trust Corp (0.02%).

Shares of BCH 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.
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One share of BCH stock can currently be purchased for approximately $20.07.

Banco de Chile (NYSE:BCH) has a market capitalization of $10.14 billion and generates $3.35 billion in revenue each year. The bank earns $1.59 billion in net income (profit) each year or $3.06 on an earnings per share basis.

The company employs 12,550 workers across the globe.

Banco de Chile's mailing address is Paseo Ahumada 251, Paseo Ahumada 251 F3, . The official website for the company is www.bancochile.com. The bank can be reached via phone at (622) 637-1111 or via email at pmejiar@bancochile.cl.