Banco Santander-Chile (BSAC) Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Banco Santander-Chile in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" BSAC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BSAC, but not buy additional shares or sell existing shares.
View BSAC analyst ratings or view top-rated stocks.

3 analysts have issued 12 month target prices for Banco Santander-Chile's stock. Their BSAC share price forecasts range from $16.00 to $21.00. On average, they anticipate the company's stock price to reach $18.50 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price.
View analysts price targets for BSAC or view top-rated stocks among Wall Street analysts.

Banco Santander-Chile's stock was trading at $15.84 at the beginning of the year. Since then, BSAC stock has increased by 15.7% and is now trading at $18.32.
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Banco Santander-Chile saw a decrease in short interest in September. As of September 15th, there was short interest totaling 969,700 shares, a decrease of 20.5% from the August 31st total of 1,220,000 shares. Based on an average trading volume of 361,600 shares, the days-to-cover ratio is currently 2.7 days.
View Banco Santander-Chile's Short Interest.

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

Banco Santander-Chile (NYSE:BSAC) posted its quarterly earnings data on Friday, August, 4th. The bank reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.01. The bank had revenue of $593.67 million for the quarter, compared to the consensus estimate of $591.63 million. Banco Santander-Chile had a trailing twelve-month return on equity of 12.75% and a net margin of 11.26%.

Banco Santander-Chile announced an annual dividend on Tuesday, April 18th. Stockholders of record on Friday, January 1st will be given a dividend of $1.2511 per share on Wednesday, April 19th. This represents a yield of 4.9%. The ex-dividend date is Wednesday, April 19th. This is a positive change from the stock's previous annual dividend of $0.91.
Read our dividend analysis for BSAC.

ETFs with the largest weight of Banco Santander-Chile (NYSE:BSAC) stock in their portfolio include ALPS Emerging Sector Dividend Dogs ETF (EDOG).iShares Latin America 40 ETF (ILF).

Banco Santander-Chile (NYSE:BSAC) pays an annual dividend of $0.95 per share and currently has a dividend yield of 5.28%. BSAC 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 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 69.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSAC will have a dividend payout ratio of 45.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BSAC.

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Santander-Chile investors own include Banco Santander (Brasil) (BSBR), Intel (INTC), Alcoa (AA), Advanced Micro Devices (AMD), Napco Security Technologies (NSSC), Walgreens Boots Alliance (WBA), Citigroup (C), Carnival Co. & (CCL), Enbridge (ENB) and Morgan Stanley (MS).

Banco Santander-Chile trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSAC."

Banco Santander-Chile's stock is owned by many different institutional and retail investors. Top institutional shareholders include Schroder Investment Management Group (1.52%), JPMorgan Chase & Co. (1.23%), Allspring Global Investments Holdings LLC (0.67%), INCA Investments LLC (0.59%), BlackRock Inc. (0.43%) and Ariel Investments LLC (0.29%).

Shares of BSAC 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 BSAC stock can currently be purchased for approximately $18.32.

Banco Santander-Chile (NYSE:BSAC) has a market capitalization of $8.63 billion and generates $5.26 billion in revenue each year. The bank earns $871.50 million in net income (profit) each year or $1.36 on an earnings per share basis.

The company employs 9,389 workers across the globe.

Banco Santander-Chile's mailing address is BANDERA 140 20TH FLOOR, SANTIAGO F3, . The official website for the company is www.santander.cl. The bank can be reached via phone at (562) 320-2000 or via email at robert.moreno@santander.cl.