From what 9 stock analysts predict, the share price for Popular Inc (BPOP) might increase by 17.55% in the next year. This is based on a 12-month average estimation for BPOP. Price targets go from $102 to $123. The majority of stock analysts believe BPOP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Popular Inc has a total of 9 Wall St Analyst ratings. There are 7 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Popular Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BPOP.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Timur Braziler Wells Fargo | Equal-Weight | $105 | Downgrade | Oct 1, 2024 |
Jared Shaw Barclays | Overweight | $117 | Maintains | Sep 27, 2024 |
Frank Schiraldi Piper Sandler | Overweight | $112 | Assumes | Aug 26, 2024 |
Jared Shaw Barclays | Overweight | $115 | Maintains | Jul 25, 2024 |
Gerard Cassidy RBC Capital | Outperform | $108 | Maintains | Jul 25, 2024 |
Kelly Motta Keefe, Bruyette & Woods | Outperform | $120 | Reiterates | Jul 25, 2024 |
Jared Shaw Barclays | Overweight | $103 | Maintains | Jun 24, 2024 |
Jared Shaw Barclays | Overweight | $105 | Maintains | Apr 25, 2024 |
Kelly Motta Keefe, Bruyette & Woods | Outperform | $110 | Reiterates | Apr 24, 2024 |
Timur Braziler Wells Fargo | Overweight | $115 | Maintains | Apr 24, 2024 |
Alexander Twerdahl Piper Sandler | Overweight | $105 | Maintains | Apr 9, 2024 |
Ben Gerlinger Citigroup | Buy | $107 | Maintains | Mar 13, 2024 |
Jared Shaw Barclays | Overweight | $99 | Initiates | Mar 8, 2024 |
Brock Vandervliet UBS | Neutral | $91 | Maintains | Jan 26, 2024 |
Kelly Motta Keefe, Bruyette & Woods | Outperform | $103 | Maintains | Jan 26, 2024 |
Gerard Cassidy RBC Capital | Outperform | $90 | Maintains | Jan 26, 2024 |
Ben Gerlinger Citigroup | Buy | $86 | Initiates | Dec 1, 2023 |
Brandon Berman B of A Securities | Neutral | $63 | Initiates | Oct 10, 2023 |
Timur Braziler Wells Fargo | Overweight | $75 | Maintains | Oct 4, 2023 |
Gerard Cassidy RBC Capital | Outperform | $70 | Maintains | Jul 27, 2023 |
When did it IPO
1990
Staff Count
9,241
Country
United States
Sector/Industry
Financial Services/BanksโRegional
CEO
Mr. Ignacio Alvarez Esq.
Market Cap
$7.04B
In 2023, BPOP generated $2.64B in revenue, which was a decrease of -9.98% from the previous year. This can be seen as a signal that BPOP's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Popular, Inc. (NASDAQ: BPOP) declared a monthly cash dividend of $0.132813 per share on its 6.375% Non-Cumulative Monthly Income Preferred Stock, payable on October 31, 2024.
Why It Matters - Popular, Inc.'s declaration of a monthly cash dividend signals financial health and consistent income for investors, potentially boosting stock attractiveness and share price stability.
Summary - Popular (BPOP) is being evaluated for its potential as a strong dividend stock, highlighting the challenge investors face in identifying quality dividend-paying companies.
Why It Matters - The focus on Popular (BPOP) as a potential dividend stock highlights opportunities for income generation, impacting its attractiveness and valuation among income-focused investors.
Summary - Popular, Inc. (NASDAQ:BPOP) will report Q2 financial results on October 23, 2024, before market open, followed by a conference call at 11:00 a.m. ET. Access via their website.
Why It Matters - The announcement of Popular, Inc.'s upcoming financial results and conference call provides investors with a timeline to assess the company's performance, potentially impacting stock price and investment decisions.
Summary - Zacks emphasizes its Rank system based on earnings estimates and revisions, while also monitoring value, growth, and momentum trends to identify strong stock picks.
Why It Matters - The emphasis on earnings estimates and revisions indicates potential stock performance, guiding investors towards high-potential stocks based on current market trends.
Summary - Popular (BPOP) is being evaluated for its potential as a strong dividend stock, highlighting the challenges investors face in identifying quality dividend-paying shares.
Why It Matters - The potential for dividends influences stock attractiveness, impacting demand and price. Evaluating Popular (BPOP) could reveal investment opportunities or risks in the dividend space.
Summary - JSAIY, BPOP, and NBTB are ranked as Zacks Rank #1 (Strong Buy) momentum stocks as of September 18, 2024.
Why It Matters - JSAIY, BPOP, and NBTB's inclusion in the Zacks Rank #1 list signals strong potential for price appreciation, attracting momentum investors and possibly driving up demand.