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S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96

Banco Macro Stock Forecast, Price & News

$11.22
-0.41 (-3.53%)
(As of 07/5/2022 12:00 AM ET)
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Today's Range
$10.54
$11.23
50-Day Range
$11.20
$16.82
52-Week Range
$10.54
$21.20
Volume
443,267 shs
Average Volume
274,640 shs
Market Capitalization
$717.41 million
P/E Ratio
2.81
Dividend Yield
5.93%
Price Target
$17.70

Banco Macro MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
57.8% Upside
$17.70 Price Target
Short Interest
Healthy
0.52% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
18.26%
From $3.45 to $4.08 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.85 out of 5 stars

Finance Sector

126th out of 1,389 stocks

Commercial Banks, Not Elsewhere Classified Industry

5th out of 40 stocks

30 days | 90 days | 365 days | Advanced Chart

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Banco Macro logo

About Banco Macro (NYSE:BMA) Stock

Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines (ATMs), and money transfers. The company also provides personal loans, document discounts, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. As of December 31, 2021, it operated through a network of 466 branches, 1,779 ATMs, 955 self-service terminals, and various service points. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

BMA Stock News Headlines

Banco Macro (NYSE:BMA) Sets New 52-Week Low at $11.88
Banco Macro S.A. (NYSE:BMA) Short Interest Update
Banco Macro (NYSE:BMA) Sees Large Volume Increase
Banco Macro reports Q1 results
Banco Macro Announces Payment Of Cash Dividend
Here's what to expect from Banco Macro's earnings
Banco Macro SA B ADR (BMA)
Banco Macro B ADR earnings miss, Revenue Inline in Q4
Banco Macro reports Q4 results
Banco Macro (BMA) Shares Cross Above 200 DMA
BMA Jan 2024 12.500 call
BMA Jan 2024 17.500 call
See More Headlines

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
8,005
Year Founded
N/A

Company Calendar

Last Earnings
7/07/2021
Ex-Dividend for 6/6 Dividend
6/03/2022
Ex-Dividend for 6/3 Dividend
6/03/2022
Dividend Payable
6/03/2022
Dividend Payable
6/06/2022
Today
7/06/2022
Next Earnings (Estimated)
8/12/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$17.70
High Stock Price Forecast
$17.70
Low Stock Price Forecast
$17.70
Forecasted Upside/Downside
+57.8%
Consensus Rating
Hold
Rating Score (0-4)
2
Research Coverage
3 Analysts

Profitability

Net Income
$240.16 million
Pretax Margin
10.62%

Debt

Sales & Book Value

Annual Sales
$2.80 billion
Cash Flow
$5.42 per share
Book Value
$39.35 per share

Miscellaneous

Free Float
N/A
Market Cap
$717.41 million
Optionable
Optionable
Beta
1.40














Banco Macro Frequently Asked Questions

Should I buy or sell Banco Macro stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Banco Macro in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Banco Macro stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BMA, but not buy additional shares or sell existing shares.
View analyst ratings for Banco Macro
or view top-rated stocks.

What is Banco Macro's stock price forecast for 2022?

3 equities research analysts have issued 12 month target prices for Banco Macro's stock. Their BMA stock forecasts range from $17.70 to $17.70. On average, they anticipate Banco Macro's stock price to reach $17.70 in the next year. This suggests a possible upside of 57.8% from the stock's current price.
View analysts' price targets for Banco Macro
or view top-rated stocks among Wall Street analysts.

How has Banco Macro's stock price performed in 2022?

Banco Macro's stock was trading at $14.02 at the beginning of 2022. Since then, BMA shares have decreased by 20.0% and is now trading at $11.22.
View the best growth stocks for 2022 here
.

Are investors shorting Banco Macro?

Banco Macro saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 334,200 shares, a decline of 22.1% from the May 31st total of 428,800 shares. Based on an average daily trading volume, of 220,600 shares, the days-to-cover ratio is currently 1.5 days.
View Banco Macro's Short Interest
.

When is Banco Macro's next earnings date?

Banco Macro is scheduled to release its next quarterly earnings announcement on Friday, August 12th 2022.
View our earnings forecast for Banco Macro
.

How were Banco Macro's earnings last quarter?

Banco Macro S.A. (NYSE:BMA) released its quarterly earnings data on Wednesday, July, 7th. The bank reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.23. Banco Macro had a net margin of 10.13% and a trailing twelve-month return on equity of 11.28%.
View Banco Macro's earnings history
.

How often does Banco Macro pay dividends? What is the dividend yield for Banco Macro?

Banco Macro declared an annual dividend on Thursday, May 26th. Investors of record on Monday, June 6th will be given a dividend of $0.69 per share on Monday, June 6th. This represents a yield of 4.54%. The ex-dividend date of this dividend is Friday, June 3rd.
View Banco Macro's dividend history
.

Is Banco Macro a good dividend stock?

Banco Macro(NYSE:BMA) pays an annual dividend of $0.69 per share and currently has a dividend yield of 5.93%. BMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Banco Macro is 17.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Banco Macro will have a dividend payout ratio of 16.91% next year. This indicates that Banco Macro will be able to sustain or increase its dividend.
View Banco Macro's dividend history.

Who are Banco Macro's key executives?

Banco Macro's management team includes the following people:
  • Mr. Gustavo Alejandro Manriquez, GM & CEO (Age 53)
  • Mr. Jorge Francisco Scarinci, CFO, Fin. Mang. & IR Mang. (Age 52)
  • Mr. Ernesto Eduardo Medina, Operations & Technology Mang. (Age 55)
  • Mr. Marcelo Agustin Devoto, Investment Banking Mang. (Age 46)
  • Mr. Gerardo Adrian Alvarez, Admin. & HR Mang. (Age 53)
  • Mr. Ernesto Lopez, Legal Mang. (Age 50)
  • Mr. Francisco Muro, Distribution & Sales Mang. (Age 49)
  • Ms. Ana María Magdalena Marcet, Credit Risk Mang. (Age 61)
  • Lic. Brian Anthony, Commercial banking manager (Age 49)
  • Mr. Juan Domingo Mazzon CPA, Gov. Banking & Management Control Mang. (Age 48)

What is Jorge Horacio Brito's approval rating as Banco Macro's CEO?

19 employees have rated Banco Macro CEO Jorge Horacio Brito on Glassdoor.com. Jorge Horacio Brito has an approval rating of 75% among Banco Macro's employees.

What other stocks do shareholders of Banco Macro own?

What is Banco Macro's stock symbol?

Banco Macro trades on the New York Stock Exchange (NYSE) under the ticker symbol "BMA."

How do I buy shares of Banco Macro?

Shares of BMA 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.
Compare Top Brokerages Here.

What is Banco Macro's stock price today?

One share of BMA stock can currently be purchased for approximately $11.22.

How much money does Banco Macro make?

Banco Macro (NYSE:BMA) has a market capitalization of $717.41 million and generates $2.80 billion in revenue each year. The bank earns $240.16 million in net income (profit) each year or $4.00 on an earnings per share basis.

How many employees does Banco Macro have?

Banco Macro employs 8,005 workers across the globe.

How can I contact Banco Macro?

Banco Macro's mailing address is AVENIDA EDUARDO MADERO 1182 24TH FLOOR, BUENOS AIRES C1, 1106. The official website for Banco Macro is www.macro.com.ar. The bank can be reached via phone at 541152226730, via email at investorelations@macro.com, or via fax at 54-11-5325-5641.

This page (NYSE:BMA) was last updated on 7/6/2022 by MarketBeat.com Staff

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