NASDAQ:GGALGrupo Financiero Galicia Stock Price, Forecast & News

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 (WHO). Since then, GGAL shares have decreased by 9.3% and is now trading at $9.22. View which stocks have been most impacted by Coronavirus.

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.

Grupo Financiero Galicia is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020. View our earnings forecast for Grupo Financiero Galicia.

Grupo Financiero Galicia S.A. (NASDAQ:GGAL) posted its quarterly earnings data on Wednesday, June, 10th. The bank reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.11 by $0.16. The bank had revenue of $506.60 million for the quarter, compared to analyst estimates 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.

6 equities research analysts have issued 12 month price targets for Grupo Financiero Galicia's stock. Their forecasts range from $20.00 to $27.00. On average, they expect Grupo Financiero Galicia's share price to reach $23.00 in the next year. This suggests a possible upside of 149.5% from the stock's current price. View analysts' price targets for Grupo Financiero Galicia.

News stories about GGAL stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Grupo Financiero Galicia earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company'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 June. As of June 15th, there was short interest totaling 2,160,000 shares, an increase of 13.1% from the May 31st total of 1,910,000 shares. Based on an average trading volume of 1,760,000 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.9% of the shares of the company are sold short. View Grupo Financiero Galicia's Current Options Chain.

Some companies that are related to Grupo Financiero Galicia include GRUPO AVAL ACCI/S (AVAL), Banco Santander Mexico Sa Instcn De (BSMX), Itau Corpbanca (ITCB), Bank of N.T. Butterfield & Son (NTB), Banco Macro (BMA), SURUGA BANK ADR REP 10 (SUGBY), BBVA Banco Frances (BBAR), Banco Latinoamericano de Comerci Extr (BLX), Peapack-Gladstone Financial (PGC), Bco Com Portugues (BPCGY), Grupo Supervielle (SUPV), American Business Bank (AMBZ), Idaho Independent Bank (IIBK), Metro Bank (MBNKF) and Esquire Financial (ESQ). View all competitors.

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."

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 $9.22.

Grupo Financiero Galicia has a market capitalization of $1.32 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]