Banco Latinoamericano de Comercio Exterior, S.A. (NYSE:BLX) has earned a consensus broker rating score of 5.00 (Strong Sell) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong sell recommendation.

Analysts have set a 1-year consensus target price of $25.50 for the company and are predicting that the company will post $0.55 EPS for the current quarter, according to Zacks. Zacks has also assigned Banco Latinoamericano de Comercio Exterior an industry rank of 187 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research downgraded shares of Banco Latinoamericano de Comercio Exterior from a “hold” rating to a “sell” rating in a report on Wednesday, November 22nd.

Shares of Banco Latinoamericano de Comercio Exterior (NYSE BLX) opened at $29.23 on Thursday. The stock has a market cap of $1,158.12, a P/E ratio of 15.48 and a beta of 1.64. Banco Latinoamericano de Comercio Exterior has a 12 month low of $25.51 and a 12 month high of $30.51. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.63 and a current ratio of 1.63.

Banco Latinoamericano de Comercio Exterior (NYSE:BLX) last posted its quarterly earnings data on Friday, October 20th. The bank reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.04). Banco Latinoamericano de Comercio Exterior had a net margin of 29.97% and a return on equity of 7.32%. The firm had revenue of $31.07 million for the quarter, compared to analysts’ expectations of $37.94 million. sell-side analysts forecast that Banco Latinoamericano de Comercio Exterior will post 2.11 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 21st. Shareholders of record on Wednesday, November 1st were paid a $0.385 dividend. This represents a $1.54 dividend on an annualized basis and a yield of 5.27%. The ex-dividend date of this dividend was Tuesday, October 31st. Banco Latinoamericano de Comercio Exterior’s payout ratio is 81.05%.

Hedge funds have recently bought and sold shares of the business. LSV Asset Management lifted its stake in Banco Latinoamericano de Comercio Exterior by 0.7% in the second quarter. LSV Asset Management now owns 1,860,019 shares of the bank’s stock valued at $50,927,000 after buying an additional 13,600 shares during the last quarter. Paradice Investment Management LLC lifted its stake in Banco Latinoamericano de Comercio Exterior by 4.3% in the second quarter. Paradice Investment Management LLC now owns 1,886,159 shares of the bank’s stock valued at $51,643,000 after buying an additional 77,600 shares during the last quarter. Schafer Cullen Capital Management Inc. lifted its stake in Banco Latinoamericano de Comercio Exterior by 3.0% in the second quarter. Schafer Cullen Capital Management Inc. now owns 123,279 shares of the bank’s stock valued at $3,375,000 after buying an additional 3,620 shares during the last quarter. Rhumbline Advisers lifted its stake in Banco Latinoamericano de Comercio Exterior by 0.3% in the second quarter. Rhumbline Advisers now owns 37,617 shares of the bank’s stock valued at $1,030,000 after buying an additional 108 shares during the last quarter. Finally, Uniplan Investment Counsel Inc. bought a new stake in Banco Latinoamericano de Comercio Exterior in the third quarter valued at $5,992,000. Institutional investors own 16.34% of the company’s stock.

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Banco Latinoamericano de Comercio Exterior Company Profile

Banco Latinoamericano de Comercio Exterior, SA (the Bank) is a specialized multinational bank. The Bank is established to support the financing of trade and economic integration in Latin America and the Caribbean. The Company operates in two segments: Commercial and Treasury. The Bank’s Commercial segment incorporates all of the Bank’s financial intermediation and fees generated by the commercial portfolio activities, such as origination of bilateral and syndicated credits, short- and medium-term loans, acceptances and contingent credits.

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