Inter & Co, Inc. (NASDAQ:INTR) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Inter & Co, Inc. (NASDAQ:INTR - Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01, Zacks reports. Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.10%.

Inter & Co, Inc. Stock Performance

INTR traded up $0.19 on Monday, reaching $5.51. The company had a trading volume of 2,277,139 shares, compared to its average volume of 1,963,480. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.01. Inter & Co, Inc. has a 1 year low of $3.88 and a 1 year high of $7.84. The stock has a 50-day moving average price of $4.58 and a 200-day moving average price of $5.92. The stock has a market capitalization of $2.39 billion, a PE ratio of 14.13 and a beta of 1.32.

Inter & Co, Inc. Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Wednesday, February 26th. Investors of record on Monday, February 17th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a yield of 0.5%. Inter & Co, Inc.'s dividend payout ratio is currently 7.69%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. decreased their price target on Inter & Co, Inc. from $7.20 to $7.10 and set an "overweight" rating for the company in a report on Friday, January 24th.

Inter & Co, Inc. Company Profile

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application.