Bank Hapoalim (OTCMKTS:BKHYY) Hits New 52-Week High – Time to Buy?

Bank Hapoalim (OTCMKTS:BKHYYGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $107.58 and last traded at $107.58, with a volume of 867 shares changing hands. The stock had previously closed at $101.9720.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Bank Hapoalim to a “hold” rating in a research note on Monday, August 11th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Bank Hapoalim currently has a consensus rating of “Hold”.

Get Our Latest Analysis on Bank Hapoalim

Bank Hapoalim Trading Up 0.2%

The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a fifty day moving average of $98.01 and a 200 day moving average of $91.02. The company has a market capitalization of $27.02 billion, a PE ratio of 11.78 and a beta of 1.15.

Bank Hapoalim (OTCMKTS:BKHYYGet Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The bank reported $2.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.36 by $0.32. Bank Hapoalim had a net margin of 20.12% and a return on equity of 14.21%. The company had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $5.97 billion.

Bank Hapoalim Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, September 10th. Investors of record on Tuesday, August 26th were issued a $1.0505 dividend. This represents a dividend yield of 238.0%. This is a boost from Bank Hapoalim’s previous dividend of $0.54. The ex-dividend date of this dividend was Monday, August 25th. Bank Hapoalim’s payout ratio is 47.88%.

About Bank Hapoalim

(Get Free Report)

Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial products and services in Israel and internationally. It operates through Household, Private Banking, Small businesses and micro businesses, Mid-sized businesses, Large businesses, Institutional entities, and Financial management segments.

See Also

Receive News & Ratings for Bank Hapoalim Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank Hapoalim and related companies with MarketBeat.com's FREE daily email newsletter.