News stories about Popular (NASDAQ:BPOP) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Popular earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 45.433582492309 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Bullish Two Hundred Day Moving Average Cross – BPOP (nasdaq.com)
- Popular Inc (BPOP) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- EOS Price Spikes 40% as South Korea Cryptocurrency Market Recovers From FUD (ccn.com)
- Kudo Care Vision Center to Host Trunk Show on January 13, Offering Lucrative One Day Sale on the Most Popular Eyewear Brands (prweb.com)
- Concept Searching Announces Most Popular Blogs of 2017 (prweb.com)
BPOP has been the subject of several research reports. Compass Point raised shares of Popular from a “neutral” rating to a “buy” rating in a report on Friday, November 3rd. Barclays raised shares of Popular from an “equal weight” rating to an “overweight” rating and set a $40.00 price objective for the company in a report on Thursday, October 26th. Zacks Investment Research cut shares of Popular from a “buy” rating to a “sell” rating in a report on Tuesday, October 3rd. Piper Jaffray Companies reissued a “buy” rating and set a $50.50 price objective on shares of Popular in a report on Wednesday, November 1st. Finally, ValuEngine raised shares of Popular from a “hold” rating to a “buy” rating in a report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $45.93.
Shares of Popular (BPOP) traded up $0.59 during mid-day trading on Friday, reaching $38.63. 725,700 shares of the company’s stock were exchanged, compared to its average volume of 1,060,000. Popular has a twelve month low of $32.04 and a twelve month high of $45.96. The stock has a market capitalization of $3,940.00, a PE ratio of 19.71 and a beta of 1.31.
Popular (NASDAQ:BPOP) last announced its earnings results on Tuesday, October 31st. The bank reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.95 by ($0.76). Popular had a net margin of 9.98% and a return on equity of 5.70%. The business had revenue of $478.50 million for the quarter, compared to analysts’ expectations of $513.85 million. During the same period in the prior year, the company posted $0.44 earnings per share. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. analysts predict that Popular will post 2.45 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Tuesday, December 5th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, December 4th. This represents a $1.00 dividend on an annualized basis and a yield of 2.59%. Popular’s dividend payout ratio is currently 51.02%.
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Popular Company Profile
Popular, Inc (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. The Company has operations in Puerto Rico, the United States and the Caribbean.
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