Media stories about Popular (NASDAQ:BPOP) have been trending positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Popular earned a media sentiment score of 0.39 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 45.580579002333 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- Why Have 9 Million Traders Flocked to eToro’s Social Trading Platform? (bitcoinist.com)
- Popular weed website tells California cannabis regulator that she doesn’t have authority over its content (feeds.bizjournals.com)
- This Popular Destination is About to Go Totally Offline for 24 Hours (and Tourists Aren’t Exempted) (inc.com)
- Taco Bell celebrates its most popular new item ever (bizjournals.com)
- For a Limited Time, MilfordMD is Offering Discounts on Some of Its Most Popular Nonsurgical and Minimally Invasive Treatments That Make People Feel More Attractive (prweb.com)
Popular (NASDAQ BPOP) traded down $0.39 during mid-day trading on Wednesday, hitting $44.01. 674,243 shares of the company were exchanged, compared to its average volume of 883,175. Popular has a 52-week low of $32.04 and a 52-week high of $46.83. The stock has a market cap of $4,538.55, a PE ratio of 43.57 and a beta of 1.10.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Friday, March 16th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, March 15th. This represents a $1.00 annualized dividend and a yield of 2.27%. Popular’s dividend payout ratio (DPR) is 99.01%.
BPOP has been the topic of several recent analyst reports. BidaskClub upgraded shares of Popular from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th. Keefe, Bruyette & Woods set a $49.00 price objective on shares of Popular and gave the company a “buy” rating in a research report on Thursday, February 15th. Citigroup assumed coverage on shares of Popular in a research report on Thursday, December 21st. They set a “buy” rating and a $47.00 price objective on the stock. Zacks Investment Research downgraded shares of Popular from a “buy” rating to a “hold” rating in a report on Friday, February 16th. Finally, Barclays lifted their price target on shares of Popular from $45.00 to $49.00 and gave the company an “overweight” rating in a report on Wednesday, January 24th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Popular presently has an average rating of “Buy” and a consensus target price of $48.31.
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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