The stock of Banco Santander-Chile (NYSE:BSAC) last traded at $15.63, down -0.57% from the previous session.
Data from the available sources indicates that Banco Santander-Chile (NYSE:BSAC) is covered by 7 analysts. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $20.00 and a low of $14.00, we find $17.00. Given the previous closing price of $15.72, this indicates a potential upside of 8.14 percent. BSAC stock price is now 1.20% away from the 50-day moving average and -5.45% away from the 200-day moving average. The market capitalization of the company currently stands at $7.37B.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our
5 Best Growth Stocks To Own For 2023.
Sponsored
In total, 6 analysts have assigned it a hold rating, and 0 have given it a buy rating. Brokers who have rated the stock have averaged $17.26 as their price target over the next twelve months.
, while ‘Citigroup’ rates the stock as ‘Neutral’.
There have been several recent changes in the stakes of large investors in BSAC stock. A new stake in Banco Santander-Chile shares was purchased by FRANKLIN RESOURCES INC during the first quarter worth $31,396,000. ARROWSTREET CAPITAL, LIMITED PARTNERSHIP invested $796,000 in shares of BSAC during the first quarter. In the first quarter, DYNAMIC TECHNOLOGY LAB PRIVATE LTD acquired a new stake in Banco Santander-Chile valued at approximately $340,000. PENSERRA CAPITAL MANAGEMENT LLC acquired a new stake in BSAC for approximately $25,000. EVERSOURCE WEALTH ADVISORS, LLC purchased a new stake in BSAC valued at around $2,000 in the second quarter. In total, there are 176 active investors with 10.20% ownership of the company’s stock.
With an opening price of $15.71 on Friday morning, Banco Santander-Chile (NYSE: BSAC) set off the trading day. During the past 12 months, Banco Santander-Chile has had a low of $13.37 and a high of $22.95. The fifty day moving average price for BSAC is $15.47 and a two-hundred day moving average price translates $16.50 for the stock.
The latest earnings results from Banco Santander-Chile (NYSE: BSAC) was released for Jun, 2022. The net profit margin was 23.40% and return on equity was 25.40% for BSAC. For the current quarter, analysts expect BSAC to generate $608.65M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 05/05/2022. Investors who held shares on 04/22/2022 were paid a $1.141992 dividend. On an annualized basis, this represents a $1.14 dividend and a 7.31% percent yield. There was an ex-dividend date of 04/21/2022 for this dividend.
Banco Santander-Chile(BSAC) Company Profile
Banco Santander-Chile, together with its subsidiaries, provides commercial and retail banking products and services in Chile. It operates through Retail Banking, Middle-Market, Corporate Investment Banking, and Corporate Activities segments. The company offers debit and credit cards, checking accounts, and savings products; consumer, automobile, commercial, mortgage, and government-guaranteed loans; and Chilean peso and foreign currency denominated loans to finance various commercial transactions, trade, foreign currency forward contracts, and credit lines, as well as mortgage financing services. It also provides mutual funds, insurance and securities brokerage, foreign exchange, financial leasing, factoring, financial consulting and advisory, investment management, foreign trade, treasury, and transactional services, as well as specialized services to finance projects for the real estate industry. In addition, the company offers short-term financing and fund raising, and brokerage services, as well as derivatives, securitization, and other tailor-made products. It serves individuals, small to middle-sized entities, companies, and large corporations, as well as universities, government entities, and local and regional governments. As of December 31, 2021, the company operated 326 branches, which include 220 under the Santander brand name, 14 under the Select brand name, 7 specialized branches for the middle market, and 22 as auxiliary and payment centers, as well as 1,338 ATMs, including depository ATMs. Banco Santander-Chile was incorporated in 1977 and is headquartered in Santiago, Chile.
