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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Santander-Chile in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

5 Wall Street analysts have issued twelve-month price objectives for Banco Santander-Chile's shares. Their BSAC share price forecasts range from $16.00 to $18.00. On average, they predict the company's stock price to reach $17.00 in the next twelve months. This suggests that the stock has a possible downside of 10.9%.
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 2023. Since then, BSAC stock has increased by 20.4% and is now trading at $19.07.
View the best growth stocks for 2023 here.

Banco Santander-Chile saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 2,100,000 shares, a drop of 6.7% from the April 30th total of 2,250,000 shares. Based on an average trading volume of 708,200 shares, the days-to-cover ratio is currently 3.0 days.
View Banco Santander-Chile's Short Interest.

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

Banco Santander-Chile (NYSE:BSAC) released its quarterly earnings data on Friday, April, 28th. The bank reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.08. The bank earned $477.99 million during the quarter, compared to analysts' expectations of $541.67 million. Banco Santander-Chile had a trailing twelve-month return on equity of 16.17% and a net margin of 14.55%.

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 dividend yield of 4.9%. The ex-dividend date is Wednesday, April 19th. This is a boost 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 5.06%. 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 56.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BSAC will have a dividend payout ratio of 44.60% 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 a variety of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (1.27%), Price T Rowe Associates Inc. MD (1.25%), Allspring Global Investments Holdings LLC (0.66%), INCA Investments LLC (0.62%), BlackRock Inc. (0.51%) and Arrowstreet Capital Limited Partnership (0.39%).

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 $19.07.

Banco Santander-Chile (NYSE:BSAC) has a market capitalization of $8.98 billion and generates $5.26 billion in revenue each year. The bank earns $871.50 million in net income (profit) each year or $1.68 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.