Grupo Financiero Banorte (GBOOY) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grupo Financiero Banorte in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Grupo Financiero Banorte stock.
View analyst ratings for Grupo Financiero Banorte or view top-rated stocks.

1 Wall Street research analysts have issued twelve-month price objectives for Grupo Financiero Banorte's shares. Their GBOOY stock forecasts range from $146.00 to $146.00. On average, they predict Grupo Financiero Banorte's stock price to reach $146.00 in the next twelve months. This suggests a possible upside of 442.1% from the stock's current price.
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Grupo Financiero Banorte's stock was trading at $32.47 at the beginning of the year. Since then, GBOOY shares have decreased by 17.1% and is now trading at $26.93.
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Grupo Financiero Banorte saw a decline in short interest in the month of July. As of July 15th, there was short interest totaling 500 shares, a decline of 80.0% from the June 30th total of 2,500 shares. Based on an average daily trading volume, of 45,500 shares, the days-to-cover ratio is currently 0.0 days.
View Grupo Financiero Banorte's Short Interest.

Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) posted its quarterly earnings results on Thursday, January, 22nd. The company reported $0.47 EPS for the quarter, missing analysts' consensus estimates of $0.60 by $0.13. The firm had revenue of $1.10 billion for the quarter. Grupo Financiero Banorte had a trailing twelve-month return on equity of 15.72% and a net margin of 21.35%.

Grupo Financiero Banorte announced a dividend on Saturday, May 28th. Stockholders of record on Thursday, June 2nd will be given a dividend of $1.5109 per share on Friday, June 10th. This represents a dividend yield of 6%. The ex-dividend date is Wednesday, June 1st. This is a boost from Grupo Financiero Banorte's previous dividend of $0.60.
View Grupo Financiero Banorte's dividend history.

Grupo Financiero Banorte(OTCMKTS:GBOOY) pays an annual dividend of $2.02 per share and currently has a dividend yield of 7.51%. GBOOY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Grupo Financiero Banorte is 63.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Grupo Financiero Banorte will have a dividend payout ratio of 50.25% next year. This indicates that Grupo Financiero Banorte will be able to sustain or increase its dividend.
View Grupo Financiero Banorte's dividend history.

Grupo Financiero Banorte trades on the OTCMKTS under the ticker symbol "GBOOY."

Shares of GBOOY 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 GBOOY stock can currently be purchased for approximately $26.93.

Grupo Financiero Banorte (OTCMKTS:GBOOY) has a market capitalization of $15.53 billion and generates $7.68 billion in revenue each year. The company earns $1.73 billion in net income (profit) each year or $3.18 on an earnings per share basis.

Grupo Financiero Banorte employs 30,162 workers across the globe.

Grupo Financiero Banorte was founded in 1899.

Grupo Financiero Banorte's mailing address is Avenue Revolucion 3000 Col. Primavera, Monterrey O5, 05349. The official website for Grupo Financiero Banorte is www.banorte.com. The company can be reached via phone at 525511034000 or via email at investor@banorte.com.