In yesterday’s Wall Street session, Banco Santander S.A. ADR (NYSE:SAN) shares traded at $3.61, up 2.56% from the previous session.
25 analysts cover Banco Santander S.A. ADR (NYSE:SAN), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $6.13 and a low of $4.20, we find $5.19. Given the previous closing price of $3.52, this indicates a potential upside of 47.44 percent. SAN stock price is now -2.95% away from the 50-day moving average and -0.96% away from the 200-day moving average. The market capitalization of the company currently stands at $57.54B.
The stock has received a hold rating from 8 analysts and a buy rating from 15. Brokers who have rated the stock have averaged $5.19 as their price target over the next twelve months.
A total of 0.00% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SAN stock. A new stake in Banco Santander S.A. ADR shares was purchased by POLARIS WEALTH ADVISORY GROUP, LLC during the first quarter worth $3,108,000. RHUMBLINE ADVISERS invested $2,012,000 in shares of SAN during the first quarter. In the first quarter, CLIFFORD CAPITAL PARTNERS LLC acquired a new stake in Banco Santander S.A. ADR valued at approximately $1,033,000. CRESSET ASSET MANAGEMENT, LLC acquired a new stake in SAN for approximately $1,009,000. HOULIHAN FINANCIAL RESOURCE GROUP, LTD. purchased a new stake in SAN valued at around $671,000 in the second quarter. In total, there are 374 active investors with 2.22% ownership of the company’s stock.
On Wednesday morning Banco Santander S.A. ADR (NYSE: SAN) stock kicked off with the opening price of $3.6250. During the past 12 months, Banco Santander S.A. ADR has had a low of $2.50 and a high of $4.09. The fifty day moving average price for SAN is $3.7150 and a two-hundred day moving average price translates $3.6470 for the stock.
The latest earnings results from Banco Santander S.A. ADR (NYSE: SAN) was released for Jun, 2023. According to the Banks – Diversified Company, earnings per share came in at $0.17, beating analysts’ expectations of $0.16 by 0.01. This compares to $0.14 EPS in the same period last year. The net profit margin was 8.87% and return on equity was 10.76% for SAN.
Moreover, the firm recently paid out its quarterly dividend on 11/07/2023. Investors who held shares on 11/01/2023 were paid a $0.085179 dividend. On an annualized basis, this represents a $0.21 dividend and a 5.76% percent yield. There was an ex-dividend date of 10/31/2023 for this dividend. In terms of dividend payout ratio, SAN is presently at 14.90%.
Banco Santander S.A. ADR(SAN) Company Profile
Banco Santander, S.A. provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, syndicated corporate loans, cash management, export and agency finance, trade and working capital solutions, and corporate finance; and insurance products. The company also provides cash, asset, and wealth management; and private banking services. In addition, it is involved in the corporate banking, treasury, risk hedging, foreign trade, and investment banking activities, as well as provides digital payment solutions. The company was formerly known as Banco Santander Central Hispano S.A. and changed its name to Banco Santander, S.A. in June 2007. Banco Santander, S.A. was founded in 1856 and is headquartered in Madrid, Spain.
