Intercorp Financial Services - IFS Stock Forecast, Price & News

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

4 brokers have issued 12 month target prices for Intercorp Financial Services' stock. Their IFS share price forecasts range from $28.00 to $35.00. On average, they anticipate the company's stock price to reach $31.50 in the next year. This suggests a possible upside of 24.0% from the stock's current price.
View analysts price targets for IFS or view top-rated stocks among Wall Street analysts.

Intercorp Financial Services' stock was trading at $26.38 at the beginning of the year. Since then, IFS stock has decreased by 3.7% and is now trading at $25.40.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our IFS earnings forecast.

Intercorp Financial Services will be holding an earnings conference call on Tuesday, August 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Intercorp Financial Services Inc. (NYSE:IFS) announced its quarterly earnings results on Wednesday, November, 18th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.53. The company earned $334.74 million during the quarter, compared to analysts' expectations of $311.94 million. Intercorp Financial Services had a trailing twelve-month return on equity of 17.44% and a net margin of 34.27%.

Intercorp Financial Services announced an annual dividend on Monday, April 4th. Stockholders of record on Thursday, April 28th will be given a dividend of $1.75 per share on Friday, May 6th. This represents a yield of 4.8%. The ex-dividend date is Wednesday, April 27th. This is an increase from the stock's previous annual dividend of $0.77.
Read our dividend analysis for IFS.

Intercorp Financial Services (NYSE:IFS) pays an annual dividend of $1.66 per share and currently has a dividend yield of 6.62%. IFS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IFS will have a dividend payout ratio of 39.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IFS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Intercorp Financial Services investors own include Aurora Cannabis (ACB), Canadian Natural Resources (CNQ), Selecta Biosciences (SELB), Tonix Pharmaceuticals (TNXP), Vaxart (VXRT), Algonquin Power & Utilities (AQN), Assertio (ASRT), Athersys (ATHX), Axsome Therapeutics (AXSM) and Aytu BioPharma (AYTU).

(IFS) raised $423 million in an initial public offering (IPO) on Friday, July 19th 2019. The company issued 9,000,000 shares at a price of $44.00-$50.00 per share. BofA Merrill Lynch, J.P. Morgan and Itaú BBA acted as the underwriters for the IPO and Inteligo SAB was co-manager.

Intercorp Financial Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "IFS."

Intercorp Financial Services' stock is owned by many different institutional and retail investors. Top institutional investors include Franklin Resources Inc. (2.44%), CI Investments Inc. (0.85%), Pictet Asset Management SA (0.01%), Northern Trust Corp (0.01%), Bank of Nova Scotia (0.01%) and Bank of Nova Scotia (0.01%).

Shares of IFS 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 IFS stock can currently be purchased for approximately $25.40.

Intercorp Financial Services (NYSE:IFS) has a market capitalization of $2.93 billion and generates $1.08 billion in revenue each year. The company earns $461.14 million in net income (profit) each year or $3.69 on an earnings per share basis.

The company employs 7,378 workers across the globe.

Intercorp Financial Services' mailing address is AV. CARLOS VILLARAN 140 - LA VICTORIA, LIMA R5, LIMA 13. The official website for the company is www.ifs.com.pe. The company can be reached via phone at 51-1-615-9011 or via email at eferrerom@intercorp.com.