Currently, there are 71.79M common shares owned by the public and among those 69.79M shares have been available to trade.
The company’s stock has a 5-day price change of 7.66% and -1.59% over the past three months. BPOP shares are trading 5.93% year to date (YTD), with the 12-month market performance up to 25.52% higher. It has a 12-month low price of $79.01 and touched a high of $105.01 over the same period. BPOP has an average intraday trading volume of 537.43K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.34%, 3.49%, and 6.39% respectively.
Institutional ownership of Popular Inc (NASDAQ: BPOP) shares accounts for 89.50% of the company’s 71.79M shares outstanding.
It has a market capitalization of $7.10B and a beta (3y monthly) value of 0.83. The stock’s trailing 12-month PE ratio is 13.53, while the earnings-per-share (ttm) stands at $7.36. The company has a PEG of 1.29 and the debt-to-equity ratio at 0.19. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.14% over the week and 2.49% over the month.
Earnings per share for the fiscal year are expected to increase by 4.22%, and 15.58% over the next financial year. EPS should grow at an annualized rate of 10.48% over the next five years, compared to 1.79% over the past 5-year period.
Wells Fargo coverage for the Popular Inc (BPOP) stock in a research note released on October 01, 2024 offered a Equal Weight rating with a price target of $105. Piper Sandler was of a view on August 26, 2024 that the stock is Overweight, while Hovde Group gave the stock Outperform rating on July 25, 2024, issuing a price target of $113- $123. Hovde Group on their part issued Outperform rating on April 24, 2024.
