Intercorp Financial Services (IFS) Stock Price, News & Analysis

Company Overview

Intercorp Financial Services Inc., together with its subsidiaries, offers banking, insurance, wealth management, and payment services for retail and commercial clients in Peru. The company provides loans, credit facilities, deposits, and current accounts; life annuity products with single-premium payment and conventional life insurance products, as well as other retail insurance products; and brokerage and investment management services. It engages in the development, management, operation, and processing of credit and debit cards; facilitation of payments and services through commercial stores; and installation and maintenance of infrastructure for transactions through electronic commerce modality and networks of payment methods processors. The company was incorporated in 1897 and is based in Lima, Peru. Intercorp Financial Services Inc. operates as a subsidiary of Intercorp Perú Ltd.

Key Stats

• Today's Range: $28.60 to $29.25
• 50-Day Range: $26.70 to $29.72
• 52-Week Range: $20.56 to $30.59
• Volume: 45,531 shs
• Average Volume: 113,602 shs
• Market Capitalization: $3.35 billion
• P/E Ratio: 11.39
• Dividend Yield: 3.27%
• Price Target: $30.00
• Consensus Rating: Buy

Intercorp Financial Services Stock Analysis - MarketRank™

Intercorp Financial Services scored higher than 84% of companies evaluated by MarketBeat, and ranked 233rd out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Intercorp Financial Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Intercorp Financial Services has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 50.18%

Earnings Growth

Earnings for Intercorp Financial Services are expected to grow by 50.18% in the coming year, from $2.77 to $4.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Intercorp Financial Services is 11.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Intercorp Financial Services is 11.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.71.

Price to Earnings Growth Ratio

Intercorp Financial Services has a PEG Ratio of 0.41. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Intercorp Financial Services has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.24% of the float of Intercorp Financial Services has been sold short.

Short Interest Ratio / Days to Cover

Intercorp Financial Services has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Intercorp Financial Services has recently decreased by 22.45%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Intercorp Financial Services pays a meaningful dividend of 3.30%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Intercorp Financial Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Intercorp Financial Services is 37.25%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Intercorp Financial Services will have a dividend payout ratio of 22.84% next year. This indicates that Intercorp Financial Services will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.24% of the float of Intercorp Financial Services has been sold short.

Short Interest Ratio / Days to Cover

Intercorp Financial Services has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Intercorp Financial Services has recently decreased by 22.45%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.71

News Sentiment

Intercorp Financial Services has a news sentiment score of 1.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Intercorp Financial Services this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Intercorp Financial Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,124,662.00 in company stock and sold $0.00 in company stock.

IFS Stock Analysis - Frequently Asked Questions

How have IFS shares performed this year?

Intercorp Financial Services' stock was trading at $21.95 at the beginning of 2024. Since then, IFS shares have increased by 32.3% and is now trading at $29.04.
View the best growth stocks for 2024 here.

How were Intercorp Financial Services' earnings last quarter?

Intercorp Financial Services Inc. (NYSE:IFS) issued its earnings results on Monday, May, 13th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by $0.21. The company had revenue of $357.25 million for the quarter, compared to the consensus estimate of $434.62 million. Intercorp Financial Services had a net margin of 18.00% and a trailing twelve-month return on equity of 10.67%.

When did Intercorp Financial Services IPO?

Intercorp Financial Services (IFS) raised $423 million in an initial public offering (IPO) on Friday, July 19th 2019. The company issued 9,000,000 shares at $44.00-$50.00 per share. BofA Merrill Lynch, J.P. Morgan and Itaú BBA served as the underwriters for the IPO and Inteligo SAB was co-manager.

Who are Intercorp Financial Services' major shareholders?

Top institutional investors of Intercorp Financial Services include FMR LLC, Franklin Resources Inc., Helikon Investments Ltd and Principal Financial Group Inc. (0.20%).
View institutional ownership trends.

How do I buy shares of Intercorp Financial Services?

Shares of IFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Intercorp Financial Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Intercorp Financial Services investors own include Enphase Energy (ENPH), Garmin (GRMN), ING Groep (ING), Meta Platforms (META), M&T Bank (MTB), NIKE (NKE) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 5/13/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: Banking
• Current Symbol: NYSE:IFS
• CUSIP: N/A
• CIK: 1615903
• Web: www.ifs.com.pe
• Phone: 51-1-219-2000
• Fax: N/A
• Employees: 8,333
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $30.00
• High Stock Price Target: $30.00
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +3.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.55
• Trailing P/E Ratio: 11.39
• Forward P/E Ratio: 10.48
• P/E Growth: 0.41
• Net Income: $286.85 million
• Net Margins: 18.00%
• Pretax Margin: N/A
• Return on Equity: 10.67%
• Return on Assets: 1.18%

Debt

• Debt-to-Equity Ratio: 0.56
• Current Ratio: 1.12
• Quick Ratio: 1.12

Sales & Book Value

• Annual Sales: $6.22 billion
• Price / Sales: 0.54
• Cash Flow: $4.36 per share
• Price / Cash Flow: 6.66
• Book Value: $22.47 per share
• Price / Book: 1.29

Miscellaneous

• Outstanding Shares: 115,420,000
• Free Float: N/A
• Market Cap: $3.35 billion
• Optionable: Not Optionable
• Beta: 1.29