OTCMKTS:GBOOY Grupo Financiero Banorte - GBOOY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Grupo Financiero Banorte, S.A.B. de C.V. Please log in to your account or sign up in order to add this asset to your watchlist. $41.47 +0.20 (+0.48%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$41.37▼$41.8550-Day Range$35.83▼$42.4752-Week Range$26.44▼$43.00Volume110,279 shsAverage Volume15,063 shsMarket Capitalization$23.92 billionP/E Ratio13.04Dividend Yield6.56%Price TargetN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsHeadlinesShort Interest Grupo Financiero Banorte MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.00% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.40Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth15.31%From $4.18 to $4.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.30 out of 5 stars N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Grupo Financiero Banorte. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.00% of the outstanding shares of Grupo Financiero Banorte have been sold short.Short Interest Ratio / Days to CoverGrupo Financiero Banorte has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Grupo Financiero Banorte has recently decreased by 43.68%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipGrupo Financiero Banorte is a leading dividend payer. It pays a dividend yield of 6.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGrupo Financiero Banorte does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Grupo Financiero Banorte is 85.53%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Grupo Financiero Banorte will have a dividend payout ratio of 56.43% next year. This indicates that Grupo Financiero Banorte will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GBOOY. Previous Next 3.6 News and Social Media Coverage News SentimentGrupo Financiero Banorte has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Grupo Financiero Banorte this week, compared to 0 articles on an average week.Search Interest1 people have searched for GBOOY on MarketBeat in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Grupo Financiero Banorte insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 0.02% of the stock of Grupo Financiero Banorte is held by institutions. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Grupo Financiero Banorte are expected to grow by 15.31% in the coming year, from $4.18 to $4.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Grupo Financiero Banorte is 13.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Grupo Financiero Banorte is 13.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 184.03.Price to Earnings Growth RatioGrupo Financiero Banorte has a PEG Ratio of 0.49. PEG Ratios below 1 indicate that a company could be undervalued. Previous Next See Top Rated MarketRank™ Stocks Here About Grupo Financiero Banorte (OTCMKTS:GBOOY) StockGrupo Financiero Banorte SAB de CV is a holding company, which engages in the provision of banking services. It operates through the following segments: Holding, Banorte, Savings and Forecast, Landlord and Factor, Storage, and Brokerage house Banorte. The company was founded in 1899 and is headquartered in Mexico City, Mexico.Read More Receive GBOOY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grupo Financiero Banorte and its competitors with MarketBeat's FREE daily newsletter. Email Address GBOOY Stock News HeadlinesJanuary 21, 2023 | americanbankingnews.comGrupo Financiero Banorte (OTCMKTS:GBOOY) Cut to "Sector Perform" at ScotiabankJanuary 21, 2023 | morningstar.comGrupo Financiero Banorte SAB de CV ADRJanuary 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 10, 2023 | finance.yahoo.comHere's Why 'Trend' Investors Would Love Betting on Grupo Financiero Banorte SAB de CV (GBOOY)November 11, 2022 | msn.comGrupo Financiero Banorte SAB de CV (GBOOY) is on the Move, Here's Why the Trend Could be SustainableOctober 26, 2022 | finance.yahoo.comGrupo Financiero Banorte SAB de CV (GBOOY) Is a Great Choice for "Trend" Investors, Here's WhyOctober 21, 2022 | reuters.comMexico's Banorte drops out of bidding for Citi's Banamex retail armSeptember 23, 2022 | finance.yahoo.comFinancial Services Virtual Investor Conference: Presentations Now Available for On-Demand ViewingJanuary 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…September 21, 2022 | finance.yahoo.comGrupo Financiero Banorte to Webcast Live at VirtualInvestorConferences.com September 22ndAugust 5, 2022 | finance.yahoo.comGrupo Financiero Banorte, S.A.B. de C.V. (GBOOY)July 7, 2022 | finance.yahoo.comSYF vs. GBOOY: Which Stock Is the Better Value Option?June 29, 2022 | finance.yahoo.comCitigroup's Mexican unit draws bids from Banorte, Santander: ReportMay 31, 2022 | markets.businessinsider.comBanorte subsidiaries to promote international advisory board guidelines to help investors make better sustainability decisionsMay 10, 2022 | nasdaq.comIFS vs. GBOOY: Which Stock Is the Better Value Option?June 3, 2021 | pymnts.comMexico Payments Firm Prosa Shops For Buyer, Seeks $1 BillionMay 20, 2021 | msn.comThey create a bridge so that British scaleups can grow in MexicoMay 3, 2021 | bloomberg.comAlejandro Faesi of Banorte: In love with mathApril 22, 2021 | msn.comUPDATE 1-Mexico's Banorte sees net profits drop 6.3% in Q1 2021February 11, 2021 | stocknews.comGrupo Financiero Banorte, S.A.B. de C.V. (GBOOY) Stock ChartsFebruary 9, 2021 | reuters.comAmerica Movil surprises with 80% profit jumpJanuary 16, 2021 | msn.comRappi and Banorte launch ´RappiContigo´, a program that will allocate credits to businesses and restaurants affected by the pandemicDecember 16, 2020 | finance.yahoo.comMoody's places on review for downgrade ratings of certificates BNTECB 07-2, a Mexican Collateralized Loan Obligation (CLO)December 16, 2020 | finance.yahoo.comBanorte - BNTECB 07 & BNTECB 07-2 -- Moody's places on review for downgrade ratings of certificates BNTECB 07-2, a Mexican Collateralized Loan Obligation (CLO)October 30, 2020 | finance.yahoo.comMexico's Banorte expects deterioration of portfolio in 4th quarterOctober 30, 2020 | reuters.comMexico's Banorte expects deterioration of portfolio in 4th quarterOctober 21, 2020 | pymnts.comVolante Lands Deal To Modernize Banorte’s Cross-Border Payments SystemsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive GBOOY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Grupo Financiero Banorte and its competitors with MarketBeat's FREE daily newsletter. Email Address GBOOY Company Calendar Last Earnings1/22/2015Ex-Dividend for 12/19 Dividend12/09/2022Dividend Payable12/19/2022Today1/29/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Commercial banks, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolOTCMKTS:GBOOY Previous SymbolNASDAQ:GBOOY CUSIPN/A CIKN/A Webwww.banorte.com Phone525511034000FaxN/AEmployees30,162Year Founded1899Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio13.04 Forward P/E Ratio9.92 P/E Growth0.49Net IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$7.68 billion Price / Sales3.11 Cash Flow$2.67 per share Price / Cash Flow15.55 Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares576,690,000Free FloatN/AMarket Cap$23.92 billion OptionableNot Optionable Beta1.11 Social Links Key ExecutivesJose Marcos Ramírez MiguelChief Executive Officer & DirectorRafael Victorio Arana de la GarzaChief Financial & Operating OfficerJosé Francisco Martha GonzálezMD-Digital Banking & Information TechnologyJavier Beltrán CantúChief Administrator & Human Relations OfficerAlejandro Padilla SantanaChief Economist & Managing Director-ResearchKey CompetitorsFirst Republic BankNYSE:FRCNational Bank of CanadaOTCMKTS:NTIOFSociété Générale Société anonymeOTCMKTS:SCGLYSkandinaviska Enskilda Banken AB (publ)OTCMKTS:SVKEFSwedbank AB (publ)OTCMKTS:SWDBYView All Competitors GBOOY Stock - Frequently Asked Questions Should I buy or sell Grupo Financiero Banorte stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Grupo Financiero Banorte in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GBOOY shares. View GBOOY analyst ratings or view top-rated stocks. How have GBOOY shares performed in 2023? Grupo Financiero Banorte's stock was trading at $35.83 at the beginning of 2023. Since then, GBOOY shares have increased by 15.7% and is now trading at $41.47. View the best growth stocks for 2023 here. Are investors shorting Grupo Financiero Banorte? Grupo Financiero Banorte saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 15,600 shares, a decline of 43.7% from the December 31st total of 27,700 shares. Based on an average daily trading volume, of 25,900 shares, the days-to-cover ratio is presently 0.6 days. View Grupo Financiero Banorte's Short Interest. How were Grupo Financiero Banorte's earnings last quarter? Grupo Financiero Banorte, S.A.B. de C.V. (OTCMKTS:GBOOY) announced 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 earned $1.10 billion during the quarter. How often does Grupo Financiero Banorte pay dividends? What is the dividend yield for Grupo Financiero Banorte? Grupo Financiero Banorte announced a dividend on Tuesday, December 6th. Shareholders of record on Monday, December 12th will be given a dividend of $1.3296 per share on Monday, December 19th. This represents a dividend yield of 7.19%. The ex-dividend date of this dividend is Friday, December 9th. Read our dividend analysis for GBOOY. Is Grupo Financiero Banorte a good dividend stock? Grupo Financiero Banorte (OTCMKTS:GBOOY) pays an annual dividend of $2.72 per share and currently has a dividend yield of 6.56%. GBOOY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 85.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, GBOOY will have a dividend payout ratio of 56.43% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GBOOY. What is Grupo Financiero Banorte's stock symbol? Grupo Financiero Banorte trades on the OTCMKTS under the ticker symbol "GBOOY." How do I buy shares of Grupo Financiero Banorte? Shares of GBOOY 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. Compare Top Brokerages Here. What is Grupo Financiero Banorte's stock price today? One share of GBOOY stock can currently be purchased for approximately $41.47. How much money does Grupo Financiero Banorte make? Grupo Financiero Banorte (OTCMKTS:GBOOY) has a market capitalization of $23.92 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. How many employees does Grupo Financiero Banorte have? The company employs 30,162 workers across the globe. How can I contact Grupo Financiero Banorte? Grupo Financiero Banorte's mailing address is Avenue Revolucion 3000 Col. Primavera, Monterrey O5, 05349. The official website for the company is www.banorte.com. The company can be reached via phone at 525511034000 or via email at investor@banorte.com. This page (OTCMKTS:GBOOY) was last updated on 1/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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