Popular (BPOP) Stock Price, News & Analysis

$88.05
+1.15 (+1.32%)
(As of 05/2/2024 ET)
Today's Range
$86.75
$88.12
50-Day Range
$80.87
$88.36
52-Week Range
$52.32
$89.70
Volume
213,968 shs
Average Volume
440,291 shs
Market Capitalization
$6.37 billion
P/E Ratio
13.06
Dividend Yield
2.82%
Price Target
$99.89

Popular MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
13.4% Upside
$99.89 Price Target
Short Interest
Healthy
0.71% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.73
Upright™ Environmental Score
News Sentiment
0.46mentions of Popular in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$443,098 Sold Last Quarter
Proj. Earnings Growth
26.84%
From $8.31 to $10.54 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.98 out of 5 stars

Finance Sector

9th out of 858 stocks

State Commercial Banks Industry

2nd out of 178 stocks

BPOP stock logo

About Popular Stock (NASDAQ:BPOP)

Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and the British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit. It also offers commercial and industrial, commercial multi-family, commercial real estate, and residential mortgage loans; consumer loans, including personal loans, credit cards, automobile loans, home equity lines of credit, and other loans to individual borrowers; construction loans; and lease financing comprising automobile loans/leases. In addition, the company provides investment banking, auto and equipment leasing and financing, broker-dealer, and insurance services; debit cards; and online banking services. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.

BPOP Stock Price History

BPOP Stock News Headlines

Spain is in suspense waiting for Pedro Sánchez to say whether he will resign or stay in office
Spain is in suspense as it waits for Prime Minister Pedro Sánchez to announce whether he will continue in office or leave
Spain will scrap 'golden visas' that allow wealthy non-EU residents to stay if they buy real estate
The Spanish government says it will scrap so-called “golden visas” that allow wealthy people from outside the European Union to obtain residency permits on investing more than half a million euros (dollars) in real estate
The Long-Awaited End of America Update
A 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.
The Long-Awaited End of America Update
A 995% Gain Last Time We Shared this "Election Secret" It's a straightforward way to come out on top no matter who wins this November… It's not cryptos, or options, and anyone can do it.
Popular (NASDAQ:BPOP) PT Raised to $115.00
Popular (NASDAQ:BPOP) PT Raised to $113.00
RBC Capital Keeps Their Buy Rating on Popular (BPOP)
Popular: Q1 Earnings Snapshot
Popular Q1 2024 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Ex-Dividend for 4/1 Dividend
3/13/2024
Dividend Payable
4/01/2024
Today
5/02/2024
Next Earnings (Estimated)
7/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:BPOP
CUSIP
73317470
Employees
9,237
Year Founded
1893

Price Target and Rating

Average Stock Price Target
$99.89
High Stock Price Target
$115.00
Low Stock Price Target
$63.00
Potential Upside/Downside
+13.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$541.34 million
Pretax Margin
17.34%

Debt

Sales & Book Value

Annual Sales
$3.90 billion
Cash Flow
$8.96 per share
Book Value
$71.03 per share

Miscellaneous

Free Float
70,783,000
Market Cap
$6.35 billion
Optionable
Optionable
Beta
0.81

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Key Executives


BPOP Stock Analysis - Frequently Asked Questions

Should I buy or sell Popular stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Popular in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BPOP shares.
View BPOP analyst ratings
or view top-rated stocks.

What is Popular's stock price target for 2024?

9 Wall Street analysts have issued 12 month price targets for Popular's shares. Their BPOP share price targets range from $63.00 to $115.00. On average, they expect the company's share price to reach $99.89 in the next twelve months. This suggests a possible upside of 13.4% from the stock's current price.
View analysts price targets for BPOP
or view top-rated stocks among Wall Street analysts.

How have BPOP shares performed in 2024?

Popular's stock was trading at $82.07 at the start of the year. Since then, BPOP stock has increased by 7.3% and is now trading at $88.05.
View the best growth stocks for 2024 here
.

Are investors shorting Popular?

Popular saw a increase in short interest in April. As of April 15th, there was short interest totaling 504,500 shares, an increase of 5.3% from the March 31st total of 479,000 shares. Based on an average daily volume of 484,700 shares, the short-interest ratio is presently 1.0 days. Approximately 0.7% of the company's stock are short sold.
View Popular's Short Interest
.

When is Popular's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our BPOP earnings forecast
.

How were Popular's earnings last quarter?

Popular, Inc. (NASDAQ:BPOP) issued its earnings results on Thursday, October, 26th. The bank reported $1.90 EPS for the quarter, topping the consensus estimate of $1.81 by $0.09. The bank had revenue of $693.60 million for the quarter, compared to analyst estimates of $703.21 million. Popular had a net margin of 11.95% and a trailing twelve-month return on equity of 11.95%. The firm's revenue was down 31.1% on a year-over-year basis. During the same quarter last year, the business earned $5.70 EPS.

How often does Popular pay dividends? What is the dividend yield for Popular?

Popular declared a quarterly dividend on Friday, February 23rd. Shareholders of record on Thursday, March 14th will be given a dividend of $0.62 per share on Monday, April 1st. This represents a $2.48 annualized dividend and a dividend yield of 2.82%. The ex-dividend date of this dividend is Wednesday, March 13th.
Read our dividend analysis for BPOP
.

Is Popular a good dividend stock?

Popular (NASDAQ:BPOP) pays an annual dividend of $2.48 per share and currently has a dividend yield of 2.92%. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 36.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BPOP will have a dividend payout ratio of 23.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BPOP.

What is Ignacio Alvarez's approval rating as Popular's CEO?

78 employees have rated Popular Chief Executive Officer Ignacio Alvarez on Glassdoor.com. Ignacio Alvarez has an approval rating of 90% among the company's employees. 82.0% of employees surveyed would recommend working at Popular to a friend.

What other stocks do shareholders of Popular own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Popular investors own include AT&T (T), Advanced Micro Devices (AMD), AbbVie (ABBV), Pfizer (PFE), Taiwan Semiconductor Manufacturing (TSM), Alibaba Group (BABA), Energy Transfer (ET), Intel (INTC), QUALCOMM (QCOM) and Exxon Mobil (XOM).

Who are Popular's major shareholders?

Popular's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Polaris Capital Management LLC (2.74%), Principal Financial Group Inc. (1.40%), Fourth Sail Capital LP (0.25%), Perpetual Ltd (0.16%), Los Angeles Capital Management LLC (0.14%) and Assenagon Asset Management S.A. (0.14%). Insiders that own company stock include Alejandro M Sanchez, Beatriz Castellvi, C Kim Goodwin, Camille Burckhart, Carlos J Vazquez, Carlos J Vazquez, Carlos Unanue, Eduardo J Negron, Eli Sepulveda, Gilberto Monzon, Ignacio Alvarez, Javier D Ferrer, Jorge J Garcia, Juan Guerrero, Luis E Cestero, Manuel Chinea, Maria Luisa Ferre and Richard L Carrion.
View institutional ownership trends
.

How do I buy shares of Popular?

Shares of BPOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BPOP) was last updated on 5/2/2024 by MarketBeat.com Staff

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