Popular Inc

Popular Inc Stock Forecast & Price Prediction

Live Popular Inc Stock (BPOP) Price
$94.33

9

Ratings

  • Buy 7
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$94.33

P/E Ratio

13.03

Volume Traded Today

$661,700

Dividend

$0.62

52 Week High/low

105.01/67.24

Popular Inc Market Cap

$6.77B

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BPOP Summary

From what 9 stock analysts predict, the share price for Popular Inc (BPOP) might increase by 9.66% in the next year. This is based on a 12-month average estimation for BPOP. Price targets go from $96 to $112. The majority of stock analysts believe BPOP is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

BPOP Analyst Ratings

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.

BPOP stock forecast by analyst

These are the latest 20 analyst ratings of BPOP.

Analyst/Firm

Rating

Price Target

Change

Date

Gerard Cassidy
RBC Capital

Outperform

$96

Maintains

Oct 24, 2024
Timur Braziler
Wells Fargo

Equal-Weight

$98

Maintains

Oct 24, 2024
Jared Shaw
Barclays

Overweight

$104

Maintains

Oct 24, 2024
Frank Schiraldi
Piper Sandler

Overweight

$100

Maintains

Oct 24, 2024
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
Kelly Motta
Keefe, Bruyette & Woods

Outperform

$120

Reiterates

Jul 25, 2024
Jared Shaw
Barclays

Overweight

$115

Maintains

Jul 25, 2024
Gerard Cassidy
RBC Capital

Outperform

$108

Maintains

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
Kelly Motta
Keefe, Bruyette & Woods

Outperform

$103

Maintains

Jan 26, 2024
Brock Vandervliet
UBS

Neutral

$91

Maintains

Jan 26, 2024
Gerard Cassidy
RBC Capital

Outperform

$90

Maintains

Jan 26, 2024

BPOP Company Information

What They Do: Provides retail and commercial banking services.

Business Model: The company generates revenue through a diverse range of banking products including savings accounts, loans, and investment services. It earns interest from loans and fees from various services such as credit cards, mortgages, and investment banking.

Other Information: Founded in 1893, Popular, Inc. operates in Puerto Rico, the U.S., and the British Virgin Islands. It offers a comprehensive suite of financial services, including online banking and insurance, catering to both individual and commercial clients.
BPOP
Popular Inc (BPOP)

When did it IPO

1990

Staff Count

9,241

Country

United States

Sector/Industry

Financial Services/Banksโ€”Regional

CEO

Mr. Ignacio Alvarez Esq.

Market Cap

$6.77B

Popular Inc (BPOP) Financial Data

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

$2.26B

Revenue From 2021

$2.48B

9.81 %
From Previous Year

Revenue From 2022

$2.94B

18.52 %
From Previous Year

Revenue From 2023

$2.64B

-9.98 %
From Previous Year
  • Revenue TTM $2.62B
  • Operating Margin TTM 31.0%
  • Gross profit TTM $0
  • Return on assets TTM 0.8%
  • Return on equity TTM 10.4%
  • Profit Margin 20.3%
  • Book Value Per Share 80.35%
  • Market capitalisation $6.77B
  • Revenue for 2021 $2.48B
  • Revenue for 2022 $2.94B
  • Revenue for 2023 $2.64B
  • EPS this year (TTM) $7.24

Popular Inc (BPOP) Latest News

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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 December 2, 2024.

Why It Matters - The announcement of a monthly cash dividend signals financial stability and profitability for Popular, Inc., which may attract income-focused investors and positively impact the stock price.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Popular, Inc. (NASDAQ:BPOP) will host its Q3 2024 Earnings Conference Call on October 23, 2024, at 11:00 AM ET with key executives participating.

Why It Matters - The earnings call provides insights into Popular, Inc.'s financial performance, strategic direction, and risk management, influencing investor sentiment and stock valuation.

News Image

Wed, 23 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Popular, Inc. reported Q3 2024 net income of $155.3 million, down from $177.8 million in Q2 2024, due to increased net interest income offset by higher credit loss provisions.

Why It Matters - Popular, Inc. reported a decline in net income, indicating potential challenges in profitability despite higher net interest income. Increased provisions for credit losses may signal rising risk.

News Image

Wed, 23 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Popular (BPOP) reported Q3 earnings of $2.16 per share, missing the Zacks Consensus Estimate of $2.33. This is an increase from $1.90 per share in the same quarter last year.

Why It Matters - BPOP's earnings miss signals potential concerns over its growth momentum, which could impact investor confidence and stock performance moving forward.

News Image

Thu, 24 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - BPOP's Q3 2024 earnings were impacted by increased provisions, though growth in net interest income and fee income provided some support.

Why It Matters - BPOP's Q3 2024 earnings reflect rising provisions, indicating potential risk, but increased net interest income and fee income suggest financial resilience.

News Image

Mon, 21 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Popular (BPOP) is being evaluated for its potential as a strong dividend stock, highlighting the challenge investors face in identifying suitable dividend-paying shares.

Why It Matters - The focus on dividends highlights potential income opportunities. BPOP's ability to deliver strong dividends may indicate financial health and attract income-focused investors.

...

BPOP Frequently asked questions

The highest forecasted price for BPOP is $112 from Frank Schiraldi at Piper Sandler.

The lowest forecasted price for BPOP is $96 from Gerard Cassidy from RBC Capital

The BPOP analyst ratings consensus are 7 buy ratings, 2 hold ratings, and 0 sell ratings.