Piper Sandler Reiterates Buy Rating on Popular, Inc.
Piper Sandler maintains a 'buy' rating on Popular, Inc. with a $190 price target, a 15.26% upside from the current price.
Key Points
- Piper Sandler reiterated its buy rating on Popular, Inc. (BPOP) with a price target of $190 on June 26, 2026.
- Piper Sandler's $190 price target implies 15.26% upside from Popular, Inc.'s ($BPOP) current $164.85 share price.
- Shares of Popular, Inc. traded near $167.19 on Friday, with a market cap of about $10.79 billion.
- Vanguard and BlackRock are among the top institutional holders, with Vanguard opening a new position.
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Piper Sandler reiterated its buy rating on Popular, Inc. (NasdaqGS: BPOP) on June 26, 2026. The firm set a price target of $190 for the stock. Shares of Popular, Inc. traded near $167.19 on Friday.
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Popular, Inc. Stock Down 2.9%
Shares of Popular, Inc. traded at approximately $167.19 on Friday. The company has a market cap of $10.79 billion and a P/E ratio of 12.36. Its beta is 0.644, indicating lower volatility compared to the market. The stock's 52-week range is between $108.18 and $169.14, with a 50-day moving average of $151.49 and a 200-day moving average of $133.08.
$BPOP price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Popular, Inc. reported revenue of approximately $3.01 billion, reflecting a growth of 9.6%. The company's earnings per share (EPS) stood at $13.53, with a net margin of 29.99% and a return on equity (ROE) of 14.89%. The next earnings report is expected on July 22, 2026.
Dividend
Popular, Inc. offers an annual dividend rate of $3.00, yielding 1.79% with a payout ratio of 21.82%.
Insider Buying and Selling at Popular, Inc.
Several insiders have been active in trading Popular, Inc. shares. On May 22, 2026, Alejandro Sanchez sold 300 shares at an average price of $150.36. Earlier, on May 8, 2026, Myrna Soto sold 206 shares at $149.01, while Maria Luisa Ferre and Kim Goodwin bought 1,141 and 906 shares, respectively, at zero cost. Carlos Unanue also purchased 1,477 shares on the same day.
Analysts Set New Price Targets
On June 26, 2026, Piper Sandler maintained its buy rating on Popular, Inc. with a price target of $190. Citigroup also reiterated its buy rating on June 25, 2026, with a target of $188. The consensus among analysts is a strong buy, with a mean target price of $172.33 based on nine analyst opinions.
About Popular, Inc.
Popular, Inc. is a financial services company headquartered in Hato Rey, Puerto Rico. It provides a range of retail, mortgage, and commercial banking services across Puerto Rico, the United States, and other regions. The company serves individuals and businesses with various financial products, including savings accounts, loans, and investment services. Mr. Javier D. Ferrer-Fernández J.D. leads the company, which employs around 9,191 people.
Bottom Line
Piper Sandler's reiteration of its buy rating with a $190 target highlights confidence in Popular, Inc.'s prospects. Investors keep an eye on analyst ratings and institutional holdings as indicators of potential stock performance. Remember, this information is based on past data and does not reflect real-time positions.
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