Wall Street analysts expect Banco Santander Brasil SA (NYSE:BSBR) to announce earnings of $0.22 per share for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for Banco Santander Brasil’s earnings, with the highest EPS estimate coming in at $0.25 and the lowest estimate coming in at $0.20. Banco Santander Brasil posted earnings per share of $0.09 in the same quarter last year, which would indicate a positive year-over-year growth rate of 144.4%. The company is scheduled to issue its next earnings report on Thursday, November 15th.
On average, analysts expect that Banco Santander Brasil will report full-year earnings of $0.90 per share for the current financial year, with EPS estimates ranging from $0.85 to $0.99. For the next fiscal year, analysts anticipate that the company will post earnings of $0.91 per share, with EPS estimates ranging from $0.87 to $0.96. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Banco Santander Brasil.
A number of equities research analysts have weighed in on the stock. Morgan Stanley upgraded shares of Banco Santander Brasil from an “underweight” rating to an “equal weight” rating in a research note on Friday. Zacks Investment Research upgraded shares of Banco Santander Brasil from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 17th. Finally, ValuEngine upgraded shares of Banco Santander Brasil from a “hold” rating to a “buy” rating in a research note on Monday, October 8th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Banco Santander Brasil has an average rating of “Hold” and a consensus price target of $12.00.
BSBR traded down $0.25 during trading on Tuesday, reaching $10.92. 870,232 shares of the company’s stock were exchanged, compared to its average volume of 1,444,089. Banco Santander Brasil has a fifty-two week low of $7.20 and a fifty-two week high of $12.25. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.22 and a quick ratio of 0.22. The company has a market capitalization of $42.07 billion, a P/E ratio of 14.96, a P/E/G ratio of 1.02 and a beta of 0.96.
The company also recently announced a special dividend, which was paid on Friday, November 2nd. Stockholders of record on Thursday, October 11th were paid a $0.04 dividend. The ex-dividend date was Wednesday, October 10th. Banco Santander Brasil’s dividend payout ratio is presently 19.18%.
About Banco Santander Brasil
Banco Santander (Brasil) SA provides banking products and services in Brazil and internationally. The company operates in two segments, Commercial Banking and Global Wholesale Banking. It offers savings and investment products, annuities, loans and advances, mortgage loans, credit cards, pension plans, and social securities, as well as leasing and foreign exchange services.
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