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

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Banco de Chile in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BCH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BCH, but not buy additional shares or sell existing shares.
View BCH analyst ratings or view top-rated stocks.

4 Wall Street analysts have issued twelve-month price targets for Banco de Chile's stock. Their BCH share price forecasts range from $21.00 to $22.00. On average, they anticipate the company's share price to reach $21.67 in the next twelve months. This suggests a possible upside of 4.2% 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 0.1% and is now trading at $20.80.
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Banco de Chile saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 276,700 shares, a drop of 22.8% from the April 30th total of 358,600 shares. Based on an average daily volume of 166,900 shares, the days-to-cover ratio is currently 1.7 days.
View Banco de Chile's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our BCH earnings forecast.

Banco de Chile (NYSE:BCH) announced its earnings results on Sunday, January, 30th. The bank reported $0.68 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.17. Banco de Chile had a trailing twelve-month return on equity of 29.47% and a net margin of 39.84%.

Banco de Chile announced 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 dividend yield of 5%. The ex-dividend date of this dividend is Thursday, March 16th. This is a boost 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 7.72%. 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 50.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BCH will have a dividend payout ratio of 66.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BCH.

Shares of Banco de Chile split before market open on Friday, November 23rd 2018. The 3-1 split was announced on Tuesday, October 23rd 2018. The newly issued shares were issued 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%), Arrowstreet Capital Limited Partnership (0.14%), Dimensional Fund Advisors LP (0.12%), BlackRock Inc. (0.07%), FMR LLC (0.05%) and Itau Unibanco Holding S.A. (0.04%).

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 $20.80.

Banco de Chile (NYSE:BCH) has a market capitalization of $10.51 billion and generates $3.35 billion in revenue each year. The bank earns $1.59 billion in net income (profit) each year or $3.23 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.