Itaú Corpbanca - ITCB Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Itaú Corpbanca in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ITCB shares.
View ITCB analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1 year price targets for Itaú Corpbanca's stock. Their ITCB stock forecasts range from $5.00 to $5.00. On average, they anticipate the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 59.2% from the stock's current price.
View analysts price targets for ITCB or view top-rated stocks among Wall Street analysts.

Itaú Corpbanca's stock was trading at $2.90 on January 1st, 2022. Since then, ITCB shares have increased by 8.3% and is now trading at $3.14.
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Itaú Corpbanca saw a increase in short interest in June. As of June 30th, there was short interest totaling 10,200 shares, an increase of 168.4% from the June 15th total of 3,800 shares. Based on an average daily volume of 16,600 shares, the short-interest ratio is currently 0.6 days.
View Itaú Corpbanca's Short Interest.

Itaú Corpbanca is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our ITCB earnings forecast.

Itaú Corpbanca (NYSE:ITCB) issued its earnings results on Wednesday, August, 27th. The bank reported $0.52 EPS for the quarter, topping the consensus estimate of $0.42 by $0.10. Itaú Corpbanca had a trailing twelve-month return on equity of 13.00% and a net margin of 12.99%.

Itaú Corpbanca declared an annual dividend on Tuesday, March 8th. Investors of record on Friday, March 18th will be paid a dividend of $0.1646 per share on Monday, April 4th. This represents a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, March 17th. This is a positive change from the stock's previous annual dividend of $0.13.
Read our dividend analysis for ITCB.

Itaú Corpbanca (NYSE:ITCB) pays an annual dividend of $0.11 per share and currently has a dividend yield of 3.48%. The dividend payout ratio is 14.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ITCB will have a dividend payout ratio of 10.28% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ITCB.

Based on aggregate information from My MarketBeat watchlists, some companies that other Itaú Corpbanca investors own include Brinker International (EAT), Invesco (IVZ), Philip Morris International (PM), AbbVie (ABBV), Algonquin Power & Utilities (AQN), Bank of America (BAC), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS) and BlackRock Enhanced Global Dividend Trust (BOE).

Itaú Corpbanca trades on the New York Stock Exchange (NYSE) under the ticker symbol "ITCB."

Itaú Corpbanca's stock is owned by a number of institutional and retail investors. Top institutional investors include Veriti Management LLC (0.03%).

Shares of ITCB 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 ITCB stock can currently be purchased for approximately $3.14.

Itaú Corpbanca (NYSE:ITCB) has a market capitalization of $1.07 billion and generates $2.68 billion in revenue each year. The bank earns $355.43 million in net income (profit) each year or $0.75 on an earnings per share basis.

Itaú Corpbanca employs 5,078 workers across the globe.

Itaú Corpbanca's mailing address is ROSARIO NORTE 660, LAS CONDES SANTIAGO F3, 00000. The official website for the company is banco.itau.cl. The bank can be reached via phone at (622) 687-8000, via email at ir@corpbanca.cl, or via fax at 56-22660-2476.