Currently, there are 70.14M common shares owned by the public and among those 69.80M shares have been available to trade.
The company’s stock has a 5-day price change of 1.01% and 7.97% over the past three months. BPOP shares are trading 11.00% year to date (YTD), with the 12-month market performance up to 26.76% higher. It has a 12-month low price of $80.60 and touched a high of $106.46 over the same period. BPOP has an average intraday trading volume of 478.85K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.12%, 6.32%, and 9.53% respectively.
Institutional ownership of Popular Inc (NASDAQ: BPOP) shares accounts for 88.49% of the company’s 70.14M shares outstanding.
It has a market capitalization of $7.45B and a beta (3y monthly) value of 0.79. The stock’s trailing 12-month PE ratio is 12.19, while the earnings-per-share (ttm) stands at $8.56. The company has a PEG of 1.03 and the debt-to-equity ratio at 0.21. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.62% over the week and 2.18% over the month.
Earnings per share for the fiscal year are expected to increase by 10.56%, and 19.49% over the next financial year. EPS should grow at an annualized rate of 11.79% over the next five years, compared to 7.83% 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.
