NASDAQ:GGALGrupo Financiero Galicia Stock Price, Forecast & News

Grupo Financiero Galicia's stock was trading at $10.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GGAL stock has increased by 26.5% and is now trading at $12.85.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grupo Financiero Galicia in the last year. There are currently 5 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell."
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Grupo Financiero Galicia is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020.
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Grupo Financiero Galicia S.A. (NASDAQ:GGAL) released its earnings results on Wednesday, June, 10th. The bank reported $0.95 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.11 by $0.16. The bank had revenue of $506.60 million for the quarter, compared to the consensus estimate of $601.34 million. Grupo Financiero Galicia had a net margin of 27.10% and a return on equity of 39.23%.
View Grupo Financiero Galicia's earnings history.

7 analysts have issued twelve-month price objectives for Grupo Financiero Galicia's stock. Their forecasts range from $20.00 to $22.00. On average, they expect Grupo Financiero Galicia's share price to reach $21.00 in the next year. This suggests a possible upside of 63.4% from the stock's current price.
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Media stories about GGAL stock have been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Grupo Financiero Galicia earned a news impact score of -4.8 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.
View the latest news about Grupo Financiero Galicia.

Grupo Financiero Galicia saw a increase in short interest in July. As of July 31st, there was short interest totaling 1,580,000 shares, an increase of 11.3% from the July 15th total of 1,420,000 shares. Based on an average daily volume of 1,970,000 shares, the short-interest ratio is currently 0.8 days. Approximately 1.4% of the shares of the company are sold short.
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Some companies that are related to Grupo Financiero Galicia include Bancolombia (CIB), Woori Financial Group (WF), GRUPO AVAL ACCI/S (AVAL), Banco Santander Mexico Sa Instcn De (BSMX), Intercorp Financial (IFS), Itau Corpbanca (ITCB), Banco Macro (BMA), Bank of N.T. Butterfield & Son (NTB), SURUGA BANK ADR REP 10 (SUGBY), BBVA Banco Frances (BBAR), Banco Latinoamericano de Comerci Extr (BLX), Peapack-Gladstone Financial (PGC), Grupo Supervielle (SUPV), Bco Com Portugues (BPCGY) and American Business Bank (AMBZ).
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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).

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

Grupo Financiero Galicia's stock is owned by many different retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (0.20%), First Trust Advisors LP (0.04%), Assenagon Asset Management S.A. (0.03%), Envestnet Asset Management Inc. (0.01%), UBS Group AG (0.01%) and Mitsubishi UFJ Kokusai Asset Management Co. Ltd. (0.00%).

GGAL stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, and Mitsubishi UFJ Kokusai Asset Management Co. Ltd..

GGAL stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., First Trust Advisors LP, Assenagon Asset Management S.A., and Envestnet Asset Management Inc..

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.

One share of GGAL stock can currently be purchased for approximately $12.85.

Grupo Financiero Galicia has a market capitalization of $1.83 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 9,718 workers across the globe.

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

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]