Intercorp Financial Services (IFS) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intercorp Financial Services in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" IFS shares.
View IFS analyst ratings or view top-rated stocks.

3 equities research analysts have issued twelve-month target prices for Intercorp Financial Services' stock. Their IFS share price forecasts range from $27.00 to $32.00. On average, they predict the company's stock price to reach $29.33 in the next twelve months. This suggests a possible upside of 30.3% 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 $23.50 at the beginning of 2023. Since then, IFS stock has decreased by 4.2% and is now trading at $22.52.
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Intercorp Financial Services saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 64,700 shares, an increase of 59.4% from the August 31st total of 40,600 shares. Based on an average daily volume of 44,200 shares, the short-interest ratio is presently 1.5 days. Approximately 0.2% of the shares of the stock are short sold.
View Intercorp Financial Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our IFS earnings forecast.

Intercorp Financial Services Inc. (NYSE:IFS) posted its quarterly earnings data on Thursday, August, 10th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.94 by $0.17. The company had revenue of $412.59 million for the quarter, compared to analyst estimates of $438.10 million. Intercorp Financial Services had a trailing twelve-month return on equity of 16.94% and a net margin of 25.89%.

Intercorp Financial Services declared an annual dividend on Friday, March 31st. Investors of record on Friday, April 28th will be paid a dividend of $1.18 per share on Monday, May 8th. This represents a dividend yield of 7.6%. The ex-dividend date is Thursday, April 27th.
Read our dividend analysis for IFS.

iShares MSCI Peru and Global Exposure ETF holds 78,206 shares of IFS stock, representing 1.72% of its portfolio.

Intercorp Financial Services (NYSE:IFS) pays an annual dividend of $1.12 per share and currently has a dividend yield of 4.98%. IFS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IFS will have a dividend payout ratio of 27.72% 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 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."

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 $22.52.

The company employs 8,076 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 51-1-219-2000 or via email at eferrerom@intercorp.com.