Banco Santander, S.A. (NYSE:SAN) Receives Average Rating of “Moderate Buy” from Analysts
by Sarita Garza · The Markets DailyBanco Santander, S.A. (NYSE:SAN – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the ten analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company.
SAN has been the subject of a number of research analyst reports. Kepler Capital Markets raised shares of Banco Santander from a “hold” rating to a “buy” rating in a research report on Tuesday, January 13th. DZ Bank downgraded Banco Santander from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 18th. Weiss Ratings raised Banco Santander from a “buy (b+)” rating to a “buy (a-)” rating in a report on Friday, February 27th. UBS Group reiterated a “buy” rating on shares of Banco Santander in a research report on Monday, February 16th. Finally, Morgan Stanley raised Banco Santander from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 23rd.
View Our Latest Research Report on SAN
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in SAN. Root Financial Partners LLC bought a new stake in shares of Banco Santander during the 3rd quarter valued at $25,000. True Wealth Design LLC purchased a new position in Banco Santander during the third quarter valued at $27,000. Princeton Global Asset Management LLC purchased a new position in Banco Santander during the third quarter valued at $31,000. Eagle Bay Advisors LLC bought a new stake in Banco Santander during the fourth quarter valued at about $31,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in Banco Santander in the fourth quarter worth about $34,000. 9.19% of the stock is currently owned by institutional investors.
Banco Santander Price Performance
SAN opened at $11.41 on Thursday. The company’s 50-day simple moving average is $11.84 and its two-hundred day simple moving average is $11.20. The company has a debt-to-equity ratio of 3.15, a quick ratio of 0.33 and a current ratio of 0.33. The stock has a market capitalization of $169.77 billion, a P/E ratio of 11.29, a P/E/G ratio of 0.69 and a beta of 0.76. Banco Santander has a 52-week low of $5.54 and a 52-week high of $13.24.
Banco Santander (NYSE:SAN – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The bank reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. The firm had revenue of $17.68 billion during the quarter, compared to analyst estimates of $15.89 billion. Banco Santander had a net margin of 18.85% and a return on equity of 12.14%. As a group, analysts predict that Banco Santander will post 0.83 EPS for the current year.
Banco Santander Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Friday, May 8th. Investors of record on Monday, May 4th will be issued a $0.1473 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a dividend yield of 254.0%. Banco Santander’s dividend payout ratio (DPR) is presently 18.81%.
Banco Santander Company Profile
Banco Santander, SA (NYSE: SAN) is a Spanish multinational banking group headquartered in Santander, Spain. Founded in 1857, the bank has grown from a regional institution into one of Europe’s largest banking groups, operating a diversified financial services platform that serves retail, small and medium-sized enterprises, and large corporate clients. Santander is publicly listed in Spain and maintains American Depositary Receipts on the New York Stock Exchange under the ticker SAN.
The group’s core activities include retail and commercial banking—offering deposit accounts, payment services, mortgages, personal and auto loans, and small business financing—alongside corporate and investment banking services for larger institutional clients.