Bankinter SA (OTCMKTS:BKNIY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Bankinter SA (OTCMKTS:BKNIY) have received a consensus recommendation of “Hold” from the six research firms that are currently covering the stock, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating.

Several research firms have recently commented on BKNIY. Deutsche Bank Aktiengesellschaft lowered Bankinter from a “buy” rating to a “hold” rating in a report on Friday, August 8th. Barclays upgraded Bankinter from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 21st. Zacks Research lowered Bankinter from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 23rd. Finally, The Goldman Sachs Group started coverage on Bankinter in a research note on Wednesday, September 24th. They issued a “hold” rating on the stock.

Bankinter Stock Performance

OTCMKTS BKNIY opened at $16.59 on Wednesday. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.03 and a current ratio of 1.03. Bankinter has a fifty-two week low of $7.41 and a fifty-two week high of $16.59. The business has a 50 day moving average price of $15.61 and a two-hundred day moving average price of $14.58.

Bankinter (OTCMKTS:BKNIY) last released its earnings results on Thursday, October 23rd. The bank reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. The company had revenue of $879.05 million during the quarter, compared to analysts’ expectations of $887.38 million. Bankinter had a return on equity of 16.76% and a net margin of 21.53%. On average, equities analysts predict that Bankinter will post 1 EPS for the current fiscal year.

Bankinter Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, December 12th. Investors of record on Tuesday, December 2nd will be issued a dividend of $0.231 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a yield of 279.0%. Bankinter’s payout ratio is presently 36.51%.

About Bankinter

Bankinter, SA provides various banking products and services to individuals and corporate customers, and small- and medium-sized enterprises in Spain. It offers payroll, pension, business, salary, non-salary, youth salary, current, currency, professional, basic, and management accounts; deposit products; and mortgages and loan products, as well as financing services.