Popular, Inc. has received eleven analyst ratings over the past year, resulting in an average consensus recommendation of Moderate Buy. Of those, nine firms have issued Buy ratings while two have held their positions at Hold. The average 12-month target among covering brokerages sits in the low 130s, reflecting a roughly 5% upside potential from current levels based on recent estimates.

Coverage has expanded since October when Truist Financial initiated a Buy rating with one of the highest upside targets on the street. UBS Group maintained its Neutral stance in early January, while Zacks Research lowered its view from Strong Buy to Hold in December. Wells Fargo cut its target from mid-150s to mid-130s and reaffirmed an Overweight rating in late October, and Barclays reiterated an Overweight recommendation shortly before that.

In its most recent quarter Popular delivered earnings per share of 3.14, beating consensus by 0.10, on revenue of 720.8 million compared to estimates near 804 million. Revenue was down 1.3% year-over-year, while return on equity stood at 13.27% and net margin at 17.63%. Analysts currently forecast full-year EPS of just over 10.00, implying mid-teens earnings growth over the prior period.

The company declared a quarterly dividend of 0.75 per share, resulting in an annualized payout of 3.00 and a yield near 2.3%; the payout ratio remains comfortably below 30%. On the insider front, a board director sold 25,000 shares in late November for proceeds of approximately 2.8 million, reducing his stake by around 11.5%. A vice president sold 1,000 shares for roughly 115,000 in the same period, trimming her position by nearly 28%. Insiders collectively own just over 2% of outstanding shares.