Grupo Supervielle (NYSE:SUPV) Issues Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Grupo Supervielle (NYSE:SUPV - Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.06), Zacks reports. Grupo Supervielle had a net margin of 5.80% and a return on equity of 15.92%. The business had revenue of $180.66 billion during the quarter, compared to analyst estimates of $258.16 billion.

Grupo Supervielle Stock Performance

Grupo Supervielle stock traded down $0.17 on Friday, reaching $13.01. 1,062,337 shares of the stock were exchanged, compared to its average volume of 1,164,376. The stock has a market cap of $1.15 billion, a PE ratio of 18.07 and a beta of 1.93. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.07. Grupo Supervielle has a twelve month low of $5.00 and a twelve month high of $19.75. The firm has a fifty day moving average price of $14.38 and a two-hundred day moving average price of $14.50.

Grupo Supervielle Increases Dividend

The company also recently announced an annual dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were given a dividend of $0.187 per share. This is a positive change from Grupo Supervielle's previous annual dividend of $0.16. The ex-dividend date was Monday, May 19th. This represents a yield of 1.18%. Grupo Supervielle's payout ratio is currently 23.08%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Grupo Supervielle stock. Goldman Sachs Group Inc. boosted its position in shares of Grupo Supervielle S.A. (NYSE:SUPV - Free Report) by 38.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,881 shares of the company's stock after acquiring an additional 38,247 shares during the period. Goldman Sachs Group Inc. owned 0.15% of Grupo Supervielle worth $1,788,000 at the end of the most recent quarter.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Grupo Supervielle from a "sell" rating to a "hold" rating in a research note on Friday.

About Grupo Supervielle

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal & Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit and debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.