55.22 0.00 (0.00%)
After hours: 4:00PM EST
|Bid||55.20 x 1100|
|Ask||55.23 x 800|
|Day's Range||54.81 - 55.73|
|52 Week Range||49.23 - 61.46|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||8.03|
|Earnings Date||Apr 15, 2020 - Apr 19, 2020|
|Forward Dividend & Yield||1.20 (2.15%)|
|Ex-Dividend Date||Dec 03, 2019|
|1y Target Est||67.17|
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividend on its outstanding shares of Non-Cumulative Monthly Income Preferred Stock:
Popular, Inc. ("Popular" or the "Corporation") (NASDAQ: BPOP) announced today that it has entered into an accelerated share repurchase agreement (the "ASR Agreement") to repurchase an aggregate of $500 million of Popular’s common stock. Popular previously disclosed in a press release on January 9, 2020 its plan to repurchase up to $500 million of its common stock as part of its planned capital actions for 2020.
Popular (BPOP) delivered earnings and revenue surprises of 17.01% and 9.08%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Popular, Inc. (the "Corporation," "Popular," "we," "us," "our") (NASDAQ:BPOP) reported net income of $166.8 million for the quarter ended December 31, 2019, compared to net income of $165.3 million for the quarter ended September 30, 2019.
Popular, Inc. ("Popular" or the "Company") (NASDAQ: BPOP) today announced that it has elected to redeem all of the outstanding shares of the Company’s 8.25% Non-Cumulative Monthly Income Preferred Stock, Series B ("Series B Preferred Stock"). As of January 24, 2020, there are approximately 1,120,665 shares outstanding of the Series B Preferred Stock.
Shares of Popular Inc. rose 1.4% in morning trading Thursday, after the Puerto Rico-based bank said it was raising its dividend by 33% and was planning to buy back up to $500 million worth of its common stock. The dividend increase raises the quarterly payout to 40 cents a share from 30 cents. Based on current stock prices, the new annual dividend rate implies a dividend yield of 2.70%, compared with the implied yield for the SPDR S&P Bank ETF of 2.36% and for the S&P 500 of 1.83%. The buyback program could represent up to 8.44 million shares, or about 8.7% of the shares outstanding, based on recent outstanding share counts. The stock has rallied 11.1% over the past three months, while the bank ETF has advanced 13.1% and the S&P 500 has gained 11.9%.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before 2018's Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
Popular, Inc. (NASDAQ: BPOP) announced today that it has declared the following monthly cash dividends on its outstanding shares of Non-cumulative Monthly Income Preferred Stock:
Popular, Inc. (NASDAQ:BPOP) announced today that it expects to report its financial results for the fourth quarter ending December 31, 2019, before the market opens on Tuesday, January 28, 2020.
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Raging Capital Management, LLC, a long-term shareholder of Popular, Inc. (NASDAQ: BPOP) (the "Company"), today announced that it has delivered a letter to the Board of Directors of the Company.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
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