Banco Macro Stock Price, News & Analysis (NYSE:BMA)

$120.24 1.47 (1.24 %)
(As of 12/12/2017 10:58 AM ET)
Previous Close$118.77
Today's Range$117.65 - $121.07
52-Week Range$61.12 - $136.10
Volume236,000 shs
Average Volume205,987 shs
Market Capitalization$7.82 billion
P/E Ratio15.19
Dividend Yield0.63%
Beta1.24

About Banco Macro (NYSE:BMA)

Banco Macro logoBanco Macro SA is an Argnetina-based financial institution (the Bank) that offers traditional bank products and services to companies, including those operating in regional economies, as well as to individuals. In addition, the Bank performs certain transactions through its subsidiaries, including mainly Banco del Tucuman, Macro Bank Ltd, Macro Securities SA, Macro Fiducia SA and Macro Fondos SGFCI SA. It has approximately two categories of customers, such as retail customers, including individuals and entrepreneurs and corporate customers, which include small, medium and large companies and major corporations. In addition, it provides services to over four provincial governments. It provides its corporate customers with traditional banking products and services, such as deposits, lending (including overdraft facilities), check cashing advances and factoring, guaranteed loans and credit lines for financing foreign trade and cash management services.

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Industry, Sector and Symbol

Industry Banks
Sub-IndustryN/A
SectorFinance
SymbolNYSE:BMA
CUSIPN/A
Phone54-11-5222-6500

Debt

Debt-to-Equity Ratio0.18%
Current Ratio1.24%
Quick Ratio1.24%

Price-To-Earnings

Trailing P/E Ratio15.19
Forward P/E Ratio13.90
P/E Growth2.88

Sales & Book Value

Annual Sales$2.51 billion
Price / Sales3.16
Cash Flow$7.69 per share
Price / Cash15.63
Book Value$25.60 per share
Price / Book4.70

Profitability

Trailing EPS$7.82
Net Income$442.81 million
Net Margins19.37%
Return on Equity26.26%
Return on Assets4.52%

Miscellaneous

Employees8,617
Outstanding Shares65,860,000

Banco Macro (NYSE:BMA) Frequently Asked Questions

What is Banco Macro's stock symbol?

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

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

Banco Macro declared a ... dividend on Wednesday, June 14th. Stockholders of record on Friday, June 16th will be paid a dividend of $0.002 per share on Friday, June 23rd. This represents a dividend yield of 0.86%. The ex-dividend date of this dividend is Wednesday, June 14th. View Banco Macro's Dividend History.

How were Banco Macro's earnings last quarter?

Banco Macro SA (NYSE:BMA) posted its earnings results on Wednesday, November, 9th. The bank reported $1.83 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.61 by $0.22. The bank earned $403.26 million during the quarter. Banco Macro had a net margin of 19.37% and a return on equity of 26.26%. View Banco Macro's Earnings History.

When will Banco Macro make its next earnings announcement?

Banco Macro is scheduled to release their next quarterly earnings announcement on Wednesday, February, 21st 2018. View Earnings Estimates for Banco Macro.

Where is Banco Macro's stock going? Where will Banco Macro's stock price be in 2017?

4 brokers have issued 12 month price targets for Banco Macro's stock. Their predictions range from $113.70 to $113.70. On average, they expect Banco Macro's stock price to reach $113.70 in the next year. View Analyst Ratings for Banco Macro.

Are investors shorting Banco Macro?

Banco Macro saw a drop in short interest in the month of November. As of November 15th, there was short interest totalling 193,134 shares, a drop of 63.0% from the October 31st total of 522,096 shares. Based on an average daily volume of 475,704 shares, the short-interest ratio is currently 0.4 days.

Who are some of Banco Macro's key competitors?

Who are Banco Macro's key executives?

Banco Macro's management team includes the folowing people:

  • Jorge Horacio Brito, Executive Chairman of the Board (Age 65)
  • Gustavo Alejandro Manriquez, Chief Executive Officer (Age 48)
  • Delfin Jorge Ezequiel Carballo, Vice Chairman of the Board (Age 65)
  • Jorge Francisco Scarinci, Director of Finance and Investor Relations (Age 47)
  • Eduardo Roque Covello, Chief Operating Officer (Age 60)
  • Ana Maria Magdalena Marcet, Director of Credit Risk (Age 56)
  • Maria Jose Perez Vanmorlegan, General Counsel (Age 43)
  • Francisco Muro, Distribution and Sales Manager (Age 44)
  • Brian Anthony, Management Control and Stretegic Planning Manager (Age 44)
  • Antonio Carnuccio, Bank Systems Manager (Age 57)

Who owns Banco Macro stock?

Banco Macro's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Carmignac Gestion (4.35%), Third Point LLC (1.33%), Bamco Inc. NY (0.74%), Wells Fargo & Company MN (0.62%), Axiom International Investors LLC DE (0.61%) and Russell Investments Group Ltd. (0.37%). View Institutional Ownership Trends for Banco Macro.

Who sold Banco Macro stock? Who is selling Banco Macro stock?

Banco Macro's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Opera Trading Capital, Caxton Associates LP, TT International, DSAM Partners London Ltd, Third Point LLC, Findlay Park Partners LLP and Wasatch Advisors Inc.. View Insider Buying and Selling for Banco Macro.

Who bought Banco Macro stock? Who is buying Banco Macro stock?

Banco Macro's stock was purchased by a variety of institutional investors in the last quarter, including Carmignac Gestion, Axiom International Investors LLC DE, Bamco Inc. NY, American Century Companies Inc., Wells Fargo & Company MN, Global X MANAGEMENT CO LLC, Dupont Capital Management Corp and JGP Global Gestao de Recursos Ltda.. View Insider Buying and Selling for Banco Macro.

How do I buy Banco Macro stock?

Shares of Banco Macro 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, Scottrade, Fidelity and Charles Schwab.

What is Banco Macro's stock price today?

One share of Banco Macro stock can currently be purchased for approximately $120.24.

How big of a company is Banco Macro?

Banco Macro has a market capitalization of $7.82 billion and generates $2.51 billion in revenue each year. The bank earns $442.81 million in net income (profit) each year or $7.82 on an earnings per share basis. Banco Macro employs 8,617 workers across the globe.

How can I contact Banco Macro?

Banco Macro's mailing address is SARMIENTO 447, BUENOS AIRES C1, 1041. The bank can be reached via phone at 54-11-5222-6500 or via email at [email protected]


MarketBeat Community Rating for Banco Macro (BMA)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  147 (Vote Underperform)
Total Votes:  262
MarketBeat's community ratings are surveys of what our community members think about Banco Macro and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Banco Macro (NYSE:BMA) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.252.002.002.40
Ratings Breakdown: 0 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
3 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $113.70$113.70$85.90$74.88
Price Target Upside: 6.99% upside9.48% upside17.28% downside17.92% downside

Banco Macro (NYSE:BMA) Consensus Price Target History

Price Target History for Banco Macro (NYSE:BMA)

Banco Macro (NYSE:BMA) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/6/2017SantanderUpgradeUnderperform -> HoldHighView Rating Details
9/11/2017Goldman Sachs GroupDowngradeBuy -> Neutral$113.70MediumView Rating Details
6/13/2017Credit Suisse GroupUpgradeNeutral -> OutperformHighView Rating Details
2/16/2017J P Morgan Chase & CoDowngradeOverweight -> NeutralN/AView Rating Details
5/23/2016CitigroupUpgradeSell -> NeutralN/AView Rating Details
(Data available from 12/12/2015 forward)

Earnings

Banco Macro (NYSE:BMA) Earnings History and Estimates Chart

Earnings by Quarter for Banco Macro (NYSE:BMA)

Banco Macro (NYSE BMA) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2018        
11/9/2016Q3$1.61$1.83$403.26 millionViewListenView Earnings Details
11/10/2015Q3 2015$1.82$2.01$466.97 millionViewN/AView Earnings Details
5/11/2015Q2 2015$1.72$1.55$356.56 million$447.77 millionViewN/AView Earnings Details
2/18/2015Q4 2014$1.50$1.13$353.81 millionViewN/AView Earnings Details
11/10/2014Q3 2014$1.57$1.99$406.38 millionViewN/AView Earnings Details
8/6/2014Q2 2014$1.62$1.54$350.16 millionViewN/AView Earnings Details
5/22/2014$1.68$2.53ViewN/AView Earnings Details
2/20/2014$1.51$2.50ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Banco Macro (NYSE:BMA) Earnings Estimates

Current Year EPS Consensus Estimate: $8.65 EPS
Next Year EPS Consensus Estimate: $9.28 EPS

Dividends

Banco Macro (NYSE:BMA) Dividend Information

Most Recent Dividend:6/23/2017
Annual Dividend:$0.75
Dividend Yield:0.62%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:9.59% (Trailing 12 Months of Earnings)
8.67% (Based on This Year's Estimates)
8.08% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Banco Macro (NYSE:BMA)

Banco Macro (NYSE:BMA) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/14/2017...$0.000.86%6/14/20176/16/20176/23/2017
6/1/2017special$0.750.84%6/8/20176/12/20176/20/2017
8/4/2016$0.678/12/20168/16/20168/16/2016
(Data available from 1/1/2013 forward)

Insider Trades

Banco Macro (NYSE BMA) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 31.17%
Insider Trades by Quarter for Banco Macro (NYSE:BMA)
Institutional Ownership by Quarter for Banco Macro (NYSE:BMA)

Banco Macro (NYSE BMA) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/30/2015Karl Eric KottmeierDirectorBuy150,000$0.05$7,500.00
(Data available from 1/1/2013 forward)

Headlines

Banco Macro (NYSE BMA) News Headlines

Source:
DateHeadline
Banco Macro (BMA) vs. Its Competitors Financial SurveyBanco Macro (BMA) vs. Its Competitors Financial Survey
www.americanbankingnews.com - December 8 at 7:46 PM
Banco Macro Clears Technical Benchmark, Hitting 80-Plus RS RatingBanco Macro Clears Technical Benchmark, Hitting 80-Plus RS Rating
finance.yahoo.com - December 6 at 5:00 PM
Santander Upgrades Banco Macro (BMA) to "Hold"Santander Upgrades Banco Macro (BMA) to "Hold"
www.americanbankingnews.com - December 6 at 11:58 AM
 Brokerages Expect Banco Macro SA (BMA) Will Post Earnings of $2.38 Per Share Brokerages Expect Banco Macro SA (BMA) Will Post Earnings of $2.38 Per Share
www.americanbankingnews.com - December 4 at 11:48 AM
Banco Macro SA (BMA) Short Interest Down 63.0% in NovemberBanco Macro SA (BMA) Short Interest Down 63.0% in November
www.americanbankingnews.com - November 30 at 4:44 AM
Banco Macro SA (BMA) Receives Average Recommendation of "Hold" from AnalystsBanco Macro SA (BMA) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - November 30 at 2:22 AM
Macro Bank Inc. (BMA) Downgraded to "Market Perform" at UBS AGMacro Bank Inc. (BMA) Downgraded to "Market Perform" at UBS AG
www.americanbankingnews.com - November 24 at 11:18 AM
US STOCKS-Higher oil prices help Wall Street nullify tech retreatUS STOCKS-Higher oil prices help Wall Street nullify tech retreat
www.cnbc.com - November 23 at 3:24 AM
US STOCKS-Wall St flat in low volume session; ISPs rise on net neutrality betsUS STOCKS-Wall St flat in low volume session; ISPs rise on net neutrality bets
www.reuters.com - November 22 at 5:20 PM
Wall St. Flat Ahead of Holiday; ISPs Rise on Net Neutrality BetsWall St. Flat Ahead of Holiday; ISPs Rise on Net Neutrality Bets
www.nytimes.com - November 22 at 5:20 PM
Stock-market indexes post another round of records after strong earningsStock-market indexes post another round of records after strong earnings
www.marketwatch.com - November 21 at 8:39 PM
Banco Macro S.A. Informs the Market of Jorge Horacio Britos Leave of Absence Being AcceptedBanco Macro S.A. Informs the Market of Jorge Horacio Brito's Leave of Absence Being Accepted
finance.yahoo.com - November 21 at 8:39 PM
Macro Bank Inc. (BMA) Upgraded by Zacks Investment Research to BuyMacro Bank Inc. (BMA) Upgraded by Zacks Investment Research to Buy
www.americanbankingnews.com - November 21 at 7:24 PM
Here Are Goldmans Top Trades for 2018Here Are Goldman's Top Trades for 2018
www.bloomberg.com - November 18 at 8:15 AM
REUTERS SUMMIT-Bubbly bitcoin not worth the wager - investorsREUTERS SUMMIT-Bubbly bitcoin not worth the wager - investors
www.cnbc.com - November 17 at 7:46 PM
Bubbly bitcoin not worth the wager: investorsBubbly bitcoin not worth the wager: investors
www.reuters.com - November 17 at 7:46 PM
Goldmans seven highest-conviction investing calls for 2018Goldman's seven highest-conviction investing calls for 2018
www.theglobeandmail.com - November 16 at 5:03 PM
Yet Another Letdown Has European Stock Bulls Pining for 2018Yet Another Letdown Has European Stock Bulls Pining for 2018
www.bloomberg.com - November 16 at 5:03 PM
Rising Oil Portends Long Pause as India Prepares for Rate ReviewRising Oil Portends Long Pause as India Prepares for Rate Review
www.bloomberg.com - November 14 at 12:58 AM
Macro Bank (BMA) versus Its Peers Head-To-Head SurveyMacro Bank (BMA) versus Its Peers Head-To-Head Survey
www.americanbankingnews.com - November 10 at 5:24 AM
ETFs with exposure to Banco Macro SA : November 9, 2017ETFs with exposure to Banco Macro SA : November 9, 2017
finance.yahoo.com - November 9 at 5:51 PM
ETFs with exposure to Banco Macro SA : November 9, 2017ETFs with exposure to Banco Macro SA : November 9, 2017
finance.yahoo.com - November 9 at 5:51 PM
Banco Macro Announces Results for the Third Quarter of 2017Banco Macro Announces Results for the Third Quarter of 2017
finance.yahoo.com - November 8 at 9:04 PM
Macro Bank Inc. (BMA) Given Average Rating of "Hold" by BrokeragesMacro Bank Inc. (BMA) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - November 5 at 1:52 AM
The Downside Of Dividend Paying StocksThe Downside Of Dividend Paying Stocks
www.forbes.com - October 30 at 5:42 PM
Financial Review: Macro Bank (BMA) & Allegiance Bancshares (ABTX)Financial Review: Macro Bank (BMA) & Allegiance Bancshares (ABTX)
www.americanbankingnews.com - October 28 at 3:32 PM
ETFs with exposure to Banco Macro SA : October 25, 2017ETFs with exposure to Banco Macro SA : October 25, 2017
finance.yahoo.com - October 25 at 6:01 PM
Macro Bank Inc. (BMA) Downgraded to "Hold" at Zacks Investment ResearchMacro Bank Inc. (BMA) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - October 17 at 8:26 PM
Macro Bank Inc. (BMA) Given Consensus Rating of "Buy" by AnalystsMacro Bank Inc. (BMA) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - October 11 at 2:50 AM
ETFs with exposure to Banco Macro SA : October 3, 2017ETFs with exposure to Banco Macro SA : October 3, 2017
finance.yahoo.com - October 3 at 4:27 PM
First Commonwealth Financial Corporation (FCF) and Macro Bank (BMA) Head to Head AnalysisFirst Commonwealth Financial Corporation (FCF) and Macro Bank (BMA) Head to Head Analysis
www.americanbankingnews.com - October 1 at 2:20 PM
ETFs with exposure to Banco Macro SA : September 22, 2017ETFs with exposure to Banco Macro SA : September 22, 2017
finance.yahoo.com - September 22 at 3:35 PM
Record inflows just the start for Asias highest yield debtRecord inflows just the start for Asia's highest yield debt
www.bloomberg.com - September 18 at 2:20 AM
Macro Bank Inc. (BMA) Receives Consensus Recommendation of "Buy" from BrokeragesMacro Bank Inc. (BMA) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - September 16 at 3:10 AM
Dow Posts Fresh Record, Third in a Row, but S&P 500 and Nasdaq FallDow Posts Fresh Record, Third in a Row, but S&P 500 and Nasdaq Fall
www.thestreet.com - September 14 at 5:14 PM
Currency Outlook: Global Policy Convergence Will Likely Weigh On The U.S. DollarCurrency Outlook: Global Policy Convergence Will Likely Weigh On The U.S. Dollar
seekingalpha.com - September 13 at 10:50 PM
Macro Bank Inc. (BMA) Downgraded by Goldman Sachs Group, Inc. (The) to NeutralMacro Bank Inc. (BMA) Downgraded by Goldman Sachs Group, Inc. (The) to Neutral
www.americanbankingnews.com - September 11 at 11:32 PM
Banco Macro SA :BMA-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017Banco Macro SA :BMA-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017
finance.yahoo.com - September 8 at 10:03 PM
Macro Bank Inc. (BMA) Cut to Underperform at SantanderMacro Bank Inc. (BMA) Cut to Underperform at Santander
www.americanbankingnews.com - September 8 at 11:30 AM
Macro Bank Inc. (BMA) Given Average Rating of "Buy" by BrokeragesMacro Bank Inc. (BMA) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 22 at 2:58 AM
Macro Bank (BMA) and Canadian Imperial Bank of Commerce (CM) Financial ComparisonMacro Bank (BMA) and Canadian Imperial Bank of Commerce (CM) Financial Comparison
www.americanbankingnews.com - August 20 at 4:22 PM
Banco Macro SA: Strong price momentum but will it sustain?Banco Macro SA: Strong price momentum but will it sustain?
finance.yahoo.com - August 15 at 5:26 PM
Banco Macro Announces Results for the Second Quarter of 2017Banco Macro Announces Results for the Second Quarter of 2017
finance.yahoo.com - August 9 at 9:48 PM
Macro Bank Inc. (BMA) Receives Consensus Rating of "Buy" from BrokeragesMacro Bank Inc. (BMA) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - July 28 at 11:20 AM
Macro Bank Inc. (NYSE:BMA) Expected to Announce Earnings of $2.11 Per ShareMacro Bank Inc. (NYSE:BMA) Expected to Announce Earnings of $2.11 Per Share
www.americanbankingnews.com - July 25 at 6:22 PM
Short Interest in Macro Bank Inc. (BMA) Declines By 50.2%Short Interest in Macro Bank Inc. (BMA) Declines By 50.2%
www.americanbankingnews.com - July 20 at 7:27 AM
Banco Macro Is Said to Withdraw Offer to Buy Patagonia StakeBanco Macro Is Said to Withdraw Offer to Buy Patagonia Stake
finance.yahoo.com - July 19 at 5:50 PM
Should Value Investors Pick Macro Bank (BMA) Stock?Should Value Investors Pick Macro Bank (BMA) Stock?
finance.yahoo.com - July 12 at 5:10 PM
Banco Macro S.A. Announces the Full Exercise of the Underwriters Option to Purchase Additional American Depositary SharesBanco Macro S.A. Announces the Full Exercise of the Underwriters' Option to Purchase Additional American Depositary Shares
finance.yahoo.com - July 11 at 4:55 PM
Banco Macro Announces Results for the Fourth Quarter of 2016Banco Macro Announces Results for the Fourth Quarter of 2016
us.rd.yahoo.com - February 16 at 7:55 AM

SEC Filings

Banco Macro (NYSE:BMA) SEC Filings

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Social Media

Financials

Banco Macro (NYSE:BMA) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Banco Macro (NYSE BMA) Stock Chart for Tuesday, December, 12, 2017

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This page was last updated on 12/12/2017 by MarketBeat.com Staff

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