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How to Buy Popular Stock

Popular Inc

Popular, Inc. , through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands.

Popular stock last closed at $96.44, down 0.84% from the previous day, and has increased 50.38% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.16 percentage points. Popular stock is currently +62.71% from its 52-week low of $59.27, and -8.16% from its 52-week high of $105.01.

There are currently 72.34M shares of BPOP outstanding. The market capitalization of BPOP is $6.98B. In the past 24 hours, 382,144 BPOP shares were traded.

How to Buy Popular Stock

Not sure how to invest in Popular stock? Here's how.
  1. Choose where to buy Popular stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Popular stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your payment method and add your details.
  4. Evaluate Popular stock: The Popular ticker symbol is BPOP. Is Popular stock a good investment? Should you buy shares of BPOP? How do BPOP's underlying business fundamentals look? Do top analysts think Popular is a good buy? Why has BPOP's stock price moved recently? (Hint: Our stock market analysis website can help you decide if BPOP is a good stock to buy).
  5. Execute your BPOP trade: Decide if you will purchase BPOP shares at the current market price or use a limit order to buy BPOP stock at a particular price.
  6. Keep an eye on your BPOP position: Create a watchlist to important notifications about your position in Popular shares.

Step 1: Choose where to buy Popular stock

You need an online brokerage account in order to access the NASDAQ market and buy BPOP shares.

A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our research, eToro is the best brokerage. eToro gives you:

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Step 2: Sign up for your brokerage account

Now that you've chosen your brokerage, you need to fill out some personal info so you are able to invest in BPOP today.

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  2. Input your personal info to open your new brokerage account.
  1. Send your info by hitting the "Create Account" button.
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Step 3: Deposit funds into your investment account

Now that you've finished signing up on the highest rated app to buy and sell stocks, you need to deposit funds:

Check out the video below if you need help transferring funds into your brokerage account.

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Step 4: Evaluate Popular stock

Once you have chosen the best place to buy Popular stock, it's crucial to research their stock before you invest, so you actually comprehend the risk and upside.

Overview of key BPOP info

BPOP Price
$96.44
1w %
-3.82%
1y %
50.38%
5y %
78.06%
P/E
13.56x
P/B
1.3x
P/S
2.68x
PEG
0.69x
Revenue
$2.60B
Earnings
$510.86M
Fore. Rev. Growth
13.41%
Fore. Earn. Growth
24.4%
Market Cap
$6.98B
Next Earnings
Oct 23, 2024
Next Dividend
N/A

Popular Zen Score

WallStreetZen was designed to help average investors do more accurate fundamental analysis.

You can see all of the due diligence checks on BPOP's stock page.

Is BPOP stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BPOP's fair value.

Using relative valuations ratios:

  • BPOP could be overvalued based on its P/E ratio of 13.56x, relative to Banks - Regional industry P/E ratio of 11.91x
  • BPOP could be overvalued based on its P/B ratio of 1.3x, relative to Banks - Regional industry P/B ratio of 1.11x
  • BPOP may be undervalued based on its PEG ratio of 0.69x

You can do more valuation analysis on BPOP's stock here.

BPOP Financial Summary

Passed Health Checks:

  • BPOP's operating cash flow of $577.26M allows it to safely service it's debt of $1.05B.
  • BPOP earnings of $651.27M is not sufficient to cover its interest payments.

Failed Health Checks:

  • BPOP has a relatively high debt to equity ratio of 12.56.
  • BPOP profit margin has gone down from 33.7% to 19.6% in the past year.
  • Total BPOP debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy BPOP stock

Out of 6 sell side analysts who track BPOP, the consensus analyst rating on BPOP is a Strong Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

Most Recent BPOP Analyst Recommendations

Alexander Twerdahl, a top 18% analyst from Piper Sandler maintains BPOP with a strong buy rating and raises their BPOP price target from $96.00 to $105.00, on Apr 9, 2024.

Piper Sandler's Alexander Twerdahl raised their price target on Popular (NASDAQ: BPOP) by 9.4% from $96 to $105 on 2024/04/09. The analyst maintained their Strong Buy rating on the stock.

Ahead of the 2024/04/23 release of Popular's Q1 2024 earnings, Twerdahl noted that the bank "has been an out-performer, but Piper Sandler thinks the run has room to go."

Their firm's bullish thesis on Popular is driven by "tremendous earnings growth, which is expected to continue over the next 8+ quarters," the analyst told readers.

You can dig deeper into what analysts are saying on the Popular stock forecast page.

BPOP Technicals

SMA10
97.56
SMA20
98.17
SMA50
98.2
SMA100
94.24
SMA200
89.36
MACD
-0.51
MACD Signal
-0.09
MACD Histogram
-0.43
RSI
45.59
Stochastic %K
29.19
Stochastic %D
19.39
StochRSI %K
23.01
StochRSI %D
13.23

BPOP Revenue

Last year, BPOP earnings were $510.86M. In the past five year, BPOP's earnings have grown by 3.8% per year. This was slower than the Banks - Regional industry average of 100.45%.

Last year, BPOP revenue was $2.60B. In the last 5 year, BPOP's revenue has grown by 2.73% per year. This was slower than the Banks - Regional industry average of 17.28%.

Find out more about BPOP's earnings and revenue performance here.

Latest Insiders Trades at BPOP

Over the last year, insiders at BPOP have bought more shares than they have sold.

Camille Burckhart, Executive Vice President of BPOP, was the latest BPOP insider to sell. They sold $577,499.20 worth of BPOP stock on Aug 20, 2024.

Research more about who owns BPOP stock here.

Can I get consistent income from BPOP stock?

Popular pays a dividend of 2.57%, compared to the Banks - Regional industry's average dividend yield of 3.34%. If you owned $1,000 worth of BPOP stock, you would have been paid $25.72 in the past 12 months.

Popular dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Popular dividend yield and history here.

What others are saying about BPOP

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Execute your BPOP trade

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price, place a limit order.

Press the Open button and eToro will place the order.

If you need more help investing in stocks on eToro, click the how to video below:

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Step 6: Keep an eye on your BPOP position

Now that you own some BPOP shares, you'll want to stay up-to-date on your new shares.

Start a watchlist to get the latest updates about your BPOP stock.

BPOP Feed

How to Buy Stock in Popular

To reiterate, here are the 6 steps to buy stock in Popular:

  1. Choose where to buy Popular stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Popular stock
  5. Execute your BPOP trade
  6. Keep an eye on your BPOP position

If you require a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Popular, hit the button below to create your watchlist.

NASDAQ: BPOP
$96.44-0.82 (-0.84%)
Updated Oct 7, 2024
Open eToro Account
NASDAQ: BPOP
$96.44-0.82 (-0.84%)
Updated Oct 7, 2024
Open eToro Account

FAQ

How much does it cost to buy one Popular share?

As of Oct 7, 2024, it costs $96.44 to buy one share of Popular stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.104 shares of BPOP.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Popular stock?

According to 6 Wall Street analysts who monitor Popular, their consensus recommendation is to buy Popular stock.

What is the best way to buy Popular stock?

One way to place an order for Popular stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.