Popular (BPOP) Earns Daily Media Impact Score of 0.21
News stories about Popular (NASDAQ:BPOP) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Popular earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.4810706733816 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Popular, Inc. to Report Fourth-Quarter Results and Hold Conference Call on Tuesday, January 23, 2018 (finance.yahoo.com)
- Court Of Appeal Affirms Discrimination Finding Against LA Times For Popular Sports Columnist T.J. Simers (bizjournals.com)
- Brazil Looks to Ethereum to Solve its Popular Petition Problem (ccn.com)
- Brazilian Electoral System to Use Ethereum Blockchain Network (newsbtc.com)
- Trading Accounts Are Selling for Thousands of Dollars (themerkle.com)
Several equities analysts have recently weighed in on BPOP shares. Compass Point raised shares of Popular from a “neutral” rating to a “buy” rating in a research report on Friday, November 3rd. ValuEngine raised shares of Popular from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Zacks Investment Research raised shares of Popular from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research report on Friday, September 15th. Piper Jaffray Companies reissued a “buy” rating and issued a $50.50 price objective on shares of Popular in a research report on Wednesday, November 1st. Finally, BTIG Research raised shares of Popular from a “neutral” rating to a “buy” rating in a research report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. Popular currently has a consensus rating of “Buy” and an average price target of $46.50.
Popular (NASDAQ:BPOP) traded up $0.39 during trading hours on Tuesday, reaching $36.20. 639,791 shares of the company were exchanged, compared to its average volume of 747,750. Popular has a 1-year low of $32.04 and a 1-year high of $45.96. The company has a market capitalization of $3,650.00, a price-to-earnings ratio of 18.47 and a beta of 1.31.
Popular (NASDAQ:BPOP) last released its quarterly earnings results on Tuesday, October 31st. The bank reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.95 by ($0.76). Popular had a return on equity of 5.70% and a net margin of 9.98%. The business had revenue of $478.50 million for the quarter, compared to the consensus estimate of $513.85 million. During the same period in the prior year, the business posted $0.44 earnings per share. Popular’s revenue was up 11.3% compared to the same quarter last year. analysts anticipate that Popular will post 2.45 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Investors of record on Tuesday, December 5th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date was Monday, December 4th. Popular’s dividend payout ratio is 51.02%.
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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