Inter & Co, Inc. (NASDAQ:INTR) to Issue $0.08 Annual Dividend

Inter & Co, Inc. (NASDAQ:INTR) announced an annual dividend on Monday, February 10th,Wall Street Journal reports. Stockholders of record on Monday, February 17th will be given a dividend of 0.08 per share on Wednesday, February 26th. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, February 14th.

Inter & Co, Inc. Stock Performance

NASDAQ INTR opened at $5.51 on Tuesday. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 14.13 and a beta of 1.32. The stock has a 50-day moving average of $4.58 and a 200 day moving average of $5.92. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01. Inter & Co, Inc. has a twelve month low of $3.88 and a twelve month high of $7.84.

Inter & Co, Inc. (NASDAQ:INTR) last released its earnings results on Thursday, February 6th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Inter & Co, Inc. had a net margin of 11.74% and a return on equity of 10.10%. Sell-side analysts anticipate that Inter & Co, Inc. will post 0.48 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. cut 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.