NASDAQ:GGALGrupo Financiero Galicia Stock Price, Forecast & News

$8.53

+0.52 (+6.49 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$8.24

Now: $8.53▼

$8.96

50-Day Range

$5.93

MA: $7.77▼

$9.66

52-Week Range

$5.66

Now: $8.53▼

$39.22

Volume2.16 million shs

Average Volume1.43 million shs

Market Capitalization$1.22 billion

P/E Ratio1.38

Dividend Yield3.75%

Beta1.52

Grupo Financiero Galicia S.A., a financial services holding company, provides various financial products and services in Argentina. The company operates through Banking, Regional Credit Cards, Insurance, and Other Grupo Galicia Businesses segments. It offers corporate banking services to companies; credit and debit cards, loans, and financing advice to various agricultural-sector clients; foreign trade transaction services; and e-banking services. The company also provides checking and savings accounts, credit and debit cards, payroll direct deposits, and other services to individuals, businesses, retailers, and professionals; and financial investment alternatives, such as deposits, FIMA mutual funds, government and corporate securities, and shares and trusts. In addition, it offers time deposits; retirement insurance services; life insurance, including employee benefit plans and credit related insurance; property and casualty insurance products, such as home and ATM theft insurance; and insurance brokerage services, as well as issues, credit cards. Further, the company issues deposit certificates and warrants to the agricultural, industrial, and agro-industrial sectors, as well as exporters and retailers. As of December 31, 2017, it had 306 full service banking branches; and 1,982 ATMs and self-service terminals. Grupo Financiero Galicia S.A. was founded in 1905 and is based in Buenos Aires, Argentina.

Beat the Market (BTM) Rank^™

2.7 Analyst's Opinion

Consensus Rating
Grupo Financiero Galicia has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 2 hold ratings, and 4 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.00, Grupo Financiero Galicia has a potential upside of 169.6% from its current price of $8.53.
Amount of Analyst Coverage
Grupo Financiero Galicia has only been the subject of 1 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Grupo Financiero Galicia has received 326 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Grupo Financiero Galicia has received 428 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Grupo Financiero Galicia has received 56.76% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Grupo Financiero Galicia and other stocks. Vote “Outperform” if you believe GGAL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GGAL will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Grupo Financiero Galicia is a leading dividend payer. It pays a dividend yield of 3.75%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Grupo Financiero Galicia has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Grupo Financiero Galicia is 6.33 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Grupo Financiero Galicia will have a dividend payout ratio of 6.41 % next year. This indicates that Grupo Financiero Galicia will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Grupo Financiero Galicia insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 17.47% of the stock of Grupo Financiero Galicia is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Grupo Financiero Galicia are expected to grow by 4.46% in the coming year, from $4.48 to $4.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Grupo Financiero Galicia is 1.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grupo Financiero Galicia is 1.38, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.92.
Price to Book Value per Share Ratio
Grupo Financiero Galicia has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.31 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Commercial banks, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:GGAL

Previous Symbol

CUSIPN/A

CIK1114700

Webwww.gfgsa.com

Phone54-11-4343-7528

Debt

Debt-to-Equity Ratio0.44

Current Ratio1.43

Quick Ratio1.43

Price-To-Earnings

Trailing P/E Ratio1.38

Forward P/E Ratio1.90

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.12 billion

Price / Sales0.57

Cash Flow$5.84 per share

Price / Cash Flow1.46

Book Value$16.95 per share

Price / Book0.50

Profitability

EPS (Most Recent Fiscal Year)$4.74

Net Income$490.76 million

Net Margins31.56%

Return on Equity46.61%

Return on Assets6.07%

Miscellaneous

Employees10,209

Outstanding Shares142,680,000

Market Cap$1.22 billion

Next Earnings Date6/4/2020 (Estimated)

OptionableOptionable

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Grupo Financiero Galicia (NASDAQ:GGAL) Frequently Asked Questions

How has Grupo Financiero Galicia's stock been impacted by COVID-19 (Coronavirus)?

Grupo Financiero Galicia's stock was trading at $10.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GGAL shares have decreased by 16.0% and is now trading at $8.53. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Grupo Financiero Galicia?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grupo Financiero Galicia in the last year. There are currently 4 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Grupo Financiero Galicia.

When is Grupo Financiero Galicia's next earnings date?

Grupo Financiero Galicia is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Grupo Financiero Galicia.

How were Grupo Financiero Galicia's earnings last quarter?

Grupo Financiero Galicia S.A. (NASDAQ:GGAL) announced its quarterly earnings results on Friday, February, 12th. The bank reported $1.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.32. The bank had revenue of $871.64 million for the quarter. Grupo Financiero Galicia had a return on equity of 46.61% and a net margin of 31.56%. View Grupo Financiero Galicia's earnings history.

What price target have analysts set for GGAL?

6 equities research analysts have issued 12-month price targets for Grupo Financiero Galicia's shares. Their forecasts range from $20.00 to $27.00. On average, they anticipate Grupo Financiero Galicia's stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 169.6% from the stock's current price. View analysts' price targets for Grupo Financiero Galicia.

Has Grupo Financiero Galicia been receiving favorable news coverage?

Media headlines about GGAL stock have been trending extremely positive on Monday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Grupo Financiero Galicia earned a media sentiment score of 5.0 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutGrupo Financiero Galicia.

Are investors shorting Grupo Financiero Galicia?

Grupo Financiero Galicia saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,730,000 shares, an increase of 83.5% from the April 30th total of 943,000 shares. Based on an average trading volume of 1,210,000 shares, the short-interest ratio is presently 1.4 days. Approximately 1.5% of the company's shares are sold short. View Grupo Financiero Galicia's Current Options Chain.

Who are some of Grupo Financiero Galicia's key competitors?

Some companies that are related to Grupo Financiero Galicia include Banco Santander Mexico Sa Instcn De (BSMX), Bank of N.T. Butterfield & Son (NTB), Banco Macro (BMA), Itau Corpbanca (ITCB), Opus Bank (OPB), BBVA Banco Frances (BBAR), Banco Latinoamericano de Comerci Extr (BLX), Peapack-Gladstone Financial (PGC), American Business Bank (AMBZ), Grupo Supervielle (SUPV), Esquire Financial (ESQ), Idaho Independent Bank (IIBK), ST BK CORP/SH SH (SBAZ), Mainstreet Bank Common Stock (Virginia) (MNSB) and Avidbank (AVBH). View all competitors.

What other stocks do shareholders of Grupo Financiero Galicia own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Grupo Financiero Galicia investors own include Pampa Energia (PAM), Intelsat (I), BBVA Banco Frances (BBAR), Bank of America (BAC), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN), AMC Entertainment (AMC) and First Data (FDC).

Who are Grupo Financiero Galicia's key executives?

Grupo Financiero Galicia's management team includes the following people:

Mr. Pedro Alberto Richards, CEO & Director (Age 67)
Mr. Jose Luis Ronsini, Chief Financial Officer (Age 48)
Mr. Enrique Pedemonte, IR Contact
Mr. Eduardo Antonio Fanciulli, Head of Risk Management Division (Age 68)
Dr. Enrique M. Garda Olaciregui, Sec. & Member of Supervisory Committee (Age 73)

What is Grupo Financiero Galicia's stock symbol?

Grupo Financiero Galicia trades on the NASDAQ under the ticker symbol "GGAL."

Who are Grupo Financiero Galicia's major shareholders?

Grupo Financiero Galicia's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (4.18%), State Street Corp (2.46%), Acadian Asset Management LLC (0.80%), Deutsche Bank AG (0.55%), Wellington Management Group LLP (0.54%) and Invesco Ltd. (0.41%).

Which institutional investors are selling Grupo Financiero Galicia stock?

GGAL stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Morgan Stanley, Jane Street Group LLC, Russell Investments Group Ltd., Paloma Partners Management Co, Invesco Ltd., UBS Group AG, and APG Asset Management N.V..

Which institutional investors are buying Grupo Financiero Galicia stock?

GGAL stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, ING Groep NV, BlackRock Inc., Wellington Management Group LLP, Teacher Retirement System of Texas, Schroder Investment Management Group, JPMorgan Chase & Co., and State Street Corp.

How do I buy shares of Grupo Financiero Galicia?

Shares of GGAL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Grupo Financiero Galicia's stock price today?

One share of GGAL stock can currently be purchased for approximately $8.53.

How big of a company is Grupo Financiero Galicia?

Grupo Financiero Galicia has a market capitalization of $1.22 billion and generates $2.12 billion in revenue each year. The bank earns $490.76 million in net income (profit) each year or $4.74 on an earnings per share basis. Grupo Financiero Galicia employs 10,209 workers across the globe.

What is Grupo Financiero Galicia's official website?

The official website for Grupo Financiero Galicia is www.gfgsa.com.

How can I contact Grupo Financiero Galicia?

Grupo Financiero Galicia's mailing address is TTE. GRAL. JUAN D. PERON 430 25TH FLOOR, BUENOS AIRES C1, C1038 AAJ. The bank can be reached via phone at 54-11-4343-7528 or via email at [email protected]

This page was last updated on 6/1/2020 by MarketBeat.com Staff