XP (NASDAQ:XP) to Repurchase $0.00 in Outstanding Shares

XP (NASDAQ:XP) declared that its board has authorized a stock buyback program on Tuesday, May 19th, RTT News reports. The company plans to repurchase $0.00 in shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

XP Stock Performance

XP stock traded down $0.67 during mid-day trading on Tuesday, reaching $16.67. 12,738,830 shares of the stock traded hands, compared to its average volume of 4,667,033. The stock has a market capitalization of $8.96 billion, a PE ratio of 9.21, a price-to-earnings-growth ratio of 0.55 and a beta of 1.17. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.36 and a quick ratio of 5.36. XP has a 12-month low of $15.61 and a 12-month high of $23.13. The business’s 50-day moving average is $19.13 and its 200-day moving average is $18.83.

XP Increases Dividend

The company also recently disclosed an annual dividend, which will be paid on Thursday, June 18th. Investors of record on Wednesday, June 10th will be given a dividend of $0.20 per share. This represents a yield of 115.0%. This is a boost from XP’s previous annual dividend of $0.18. The ex-dividend date is Wednesday, June 10th. XP’s dividend payout ratio (DPR) is currently 10.40%.

Analyst Upgrades and Downgrades

XP has been the subject of several recent analyst reports. Zacks Research cut XP from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Jefferies Financial Group assumed coverage on XP in a research note on Monday, January 19th. They issued a “buy” rating and a $22.00 price target for the company. Weiss Ratings cut XP from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 12th. Finally, UBS Group upped their price objective on XP from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, April 2nd. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $22.67.

Key Headlines Impacting XP

Here are the key news stories impacting XP this week:

• Positive Sentiment: XP increased its annual cash dividend to $0.20 per share and authorized a new share repurchase program, signaling confidence in capital returns and balance-sheet strength. XP Inc. Announces Cash Dividend and New Share Repurchase Program
• Positive Sentiment: The company still posted year-over-year growth in first-quarter revenue and client assets, showing continued expansion in its platform despite the earnings reaction. XP Inc. Reports First Quarter 2026 Results
• Neutral Sentiment: XP announced a planned CFO transition, with Gustavo Alejo Viviani set to take over on August 3, which appears orderly and part of a broader leadership succession plan. XP Inc. Announces Change in the CFO Position
• Neutral Sentiment: The company’s Q1 earnings call transcript and interim financial statements provide additional context, but the market reaction is being driven more by the earnings/revenue miss than by these disclosures. XP Inc. Q1 2026 Earnings Call Transcript
• Negative Sentiment: XP missed revenue estimates in Q1, and the stock is under pressure as investors weigh slower-than-expected growth and softer net inflows against otherwise solid profitability. XP Shares Slide Following Earnings And Revenue Misses

About XP

XP Inc provides financial products and services in Brazil. It offers securities brokerage, private pension plans, commercial, and investment banking products, such as loan operations and transactions in the foreign exchange markets and deposits; product structuring and capital markets services for corporate clients and issuers of fixed income products; advisory services for mass-affluent and institutional clients; and wealth management services for high-net-worth customers and institutional clients.