NASDAQ:GGAL

Grupo Financiero Galicia Stock Forecast, Price & News

$7.48

-0.13 (-1.71 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$7.40

Now: $7.48▼

$7.70

50-Day Range

$7.61

MA: $8.55▼

$9.38

52-Week Range

$5.66

Now: $7.48▼

$15.80

Volume560,357 shs

Average Volume618,158 shs

Market Capitalization$1.07 billion

P/E Ratio2.39

Dividend Yield0.53%

Beta1.61

Grupo Financiero Galicia S.A., a financial services holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, Regional Credit Cards, Insurance, and Other Businesses segments. The company's products and services cover savings and current accounts, checking accounts, and credit and debit cards; personal and salary advance loans; mortgage loans; and online banking services. Its investments products and services cover fixed term, bonds and shares, FIMA funds, primary tenders, and buying and selling foreign currency; and insurance products and services cover car, home, mobile, bicycle, lifetime, protected bag, integral protection, and future fund. The company's insurance products cover options for employees, company's assets, agricultural activity, and contractual guarantees. As of December 31, 2019, it had 326 full service banking branches; 1,034 ATMs; and 1,020 self-service terminals. Grupo Financiero Galicia S.A. was founded in 1905 and is based in Buenos Aires, Argentina.

MarketRank^™

Overall MarketRank^™

1.50 out of 5 stars

Finance Sector

678th out of 1,933 stocks

Commercial Banks, Not Elsewhere Classified Industry

25th out of 73 stocks

1.8 Analyst's Opinion

Consensus Rating
Grupo Financiero Galicia has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $8.50, Grupo Financiero Galicia has a forecasted upside of 13.6% from its current price of $7.48.
Amount of Analyst Coverage
Grupo Financiero Galicia has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Grupo Financiero Galicia has received 326 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Grupo Financiero Galicia has received 442 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Grupo Financiero Galicia has received 57.55% “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.

1.7 Dividend Strength

Dividend Yield
Grupo Financiero Galicia has a dividend yield of 0.53%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Grupo Financiero Galicia does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Grupo Financiero Galicia is 0.84%. 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 1.75% 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 7.97% of the stock of Grupo Financiero Galicia is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Grupo Financiero Galicia are expected to decrease by -13.91% in the coming year, from $2.66 to $2.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Grupo Financiero Galicia is 2.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Grupo Financiero Galicia is 2.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.03.
Price to Book Value per Share Ratio
Grupo Financiero Galicia has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees9,718

Debt

Debt-to-Equity Ratio0.06

Current Ratio0.92

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio2.39

Forward P/E Ratio2.81

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.12 billion

Price / Sales0.50

Cash Flow$5.05 per share

Price / Cash Flow1.48

Book Value$16.95 per share

Price / Book0.44

Profitability

EPS (Most Recent Fiscal Year)$4.74

Net Income$490.76 million

Net Margins15.60%

Return on Equity20.17%

Return on Assets3.36%

Miscellaneous

Outstanding Shares142,680,000

Market Cap$1.07 billion

Next Earnings Date2/19/2021 (Estimated)

OptionableOptionable

$7.48

-0.13 (-1.71 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Grupo Financiero Galicia (NASDAQ:GGAL) Frequently Asked Questions

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

Grupo Financiero Galicia's stock was trading at $10.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GGAL stock has decreased by 26.4% and is now trading at $7.48.
View which stocks have been most impacted by COVID-19.

Is Grupo Financiero Galicia a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Grupo Financiero Galicia in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Grupo Financiero Galicia stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GGAL, but not buy additional shares or sell existing shares.
View analyst ratings for Grupo Financiero Galicia or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Grupo Financiero Galicia?

Wall Street analysts have given Grupo Financiero Galicia a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Grupo Financiero Galicia wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Grupo Financiero Galicia's CEO?

1,448 employees have rated Grupo Financiero Galicia CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 60% among Grupo Financiero Galicia's employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Grupo Financiero Galicia's next earnings date?

Grupo Financiero Galicia is scheduled to release its next quarterly earnings announcement on Friday, February 19th 2021.
View our earnings forecast for Grupo Financiero Galicia.

How were Grupo Financiero Galicia's earnings last quarter?

Grupo Financiero Galicia S.A. (NASDAQ:GGAL) issued its earnings results on Monday, November, 30th. The bank reported $0.52 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.61 by $0.09. Grupo Financiero Galicia had a return on equity of 20.17% and a net margin of 15.60%.
View Grupo Financiero Galicia's earnings history.

How often does Grupo Financiero Galicia pay dividends? What is the dividend yield for Grupo Financiero Galicia?

Grupo Financiero Galicia declared an annual dividend on Friday, October 2nd. Stockholders of record on Tuesday, October 13th will be given a dividend of $0.3067 per share on Friday, October 16th. This represents a dividend yield of 0.7%. The ex-dividend date is Friday, October 9th.
View Grupo Financiero Galicia's dividend history.

Is Grupo Financiero Galicia a good dividend stock?

Grupo Financiero Galicia pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.53%. The dividend payout ratio of Grupo Financiero Galicia is 0.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Grupo Financiero Galicia will have a dividend payout ratio of 1.75% next year. This indicates that Grupo Financiero Galicia will be able to sustain or increase its dividend.
View Grupo Financiero Galicia's dividend history.

What price target have analysts set for GGAL?

3 Wall Street analysts have issued 12 month price targets for Grupo Financiero Galicia's shares. Their forecasts range from $8.50 to $8.50. On average, they anticipate Grupo Financiero Galicia's stock price to reach $8.50 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
View analysts' price targets for Grupo Financiero Galicia or view Wall Street analyst' top-rated stocks.

Are investors shorting Grupo Financiero Galicia?

Grupo Financiero Galicia saw a decrease in short interest in December. As of December 31st, there was short interest totaling 1,570,000 shares, a decrease of 19.5% from the December 15th total of 1,950,000 shares. Based on an average daily volume of 886,500 shares, the short-interest ratio is presently 1.8 days. Currently, 1.4% of the company's stock are short sold.
View Grupo Financiero Galicia's Short Interest.

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

Some companies that are related to Grupo Financiero Galicia include Intercorp Financial Services (IFS), Itaú Corpbanca (ITCB), The Bank of N.T. Butterfield & Son (NTB), Suruga Bank (SUGBY), Banco Macro (BMA), Banco Latinoamericano de Comercio Exterior, S.A (BLX), Banco BBVA Argentina (BBAR), Peapack-Gladstone Financial (PGC), American Business Bank (AMBZ), Banco Comercial Portugues (BPCGY), Esquire Financial (ESQ), Grupo Supervielle (SUPV), Metro Bank (MBNKF), Idaho Independent Bank (IIBK) and ST BK CORP/SH SH (SBAZ).
View all of GGAL's 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 Energía (PAM), Banco BBVA Argentina (BBAR), Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), Ciena (CIEN), AMC Entertainment (AMC), Associated British Foods plc (ABF.L) (ABF), Chaarat Gold Holdings Limited (CGH.L) (CGH) and First Data (FDC).

Who are Grupo Financiero Galicia's key executives?

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

Mr. Fabian Enrique Kon, GM & CEO
Bruno Folino, Fin. & Compliance Mang.
Mr. Pablo Eduardo Firvida, Institutional & Investor Relations Mang. (Age 53)
Mr. Enrique Pedemonte, IR Contact
Mr. Eduardo Antonio Fanciulli, Head of Risk Management Division (Age 69)
Diego H. Rivas, Chief Risk Officer

What is Grupo Financiero Galicia's stock symbol?

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

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 WeBull, 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 $7.48.

How big of a company is Grupo Financiero Galicia?

Grupo Financiero Galicia has a market capitalization of $1.07 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.

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 1/23/2021 by MarketBeat.com Staff

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