NYSE:BMA - Banco Macro Stock Price, Price Target & More

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$81.00 +0.85 (+1.06 %)

(As of 05/27/2018 04:00 PM ET)

Previous Close$81.00

Today's Range$78.89 - $81.43

52-Week Range$69.95 - $136.10

Volume221,702 shs

Average Volume595,550 shs

Market Capitalization$5.33 billion

P/E Ratio9.36

Dividend Yield2.76%

Beta1.26

About Banco Macro (NYSE:BMA)

Banco Macro S.A. provides various banking products and services to individuals and corporate customers in Argentina. It offers various retail 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, mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services that include deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services. Further, the company provides trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; transaction services, such as collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; and information services, such as Datanet and Interpymes services to corporate customers. As of December 31, 2016, it operated through a network of 444 branches, 1,395 ATMs, 920 self-service terminals, and service points. Banco Macro S.A. also offers Internet banking services. The company was incorporated in 1988 and is headquartered in Buenos Aires, Argentina.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified

Sub-IndustryN/A

SectorFinance

SymbolNYSE:BMA

CUSIPN/A

Webwww.macro.com.ar

Phone54-11-5222-6500

Debt

Debt-to-Equity Ratio0.16

Current Ratio1.24

Quick Ratio1.26

Price-To-Earnings

Trailing P/E Ratio9.36

Forward P/E Ratio7.61

P/E Growth0.55

Sales & Book Value

Annual Sales$2.21 billion

Price / Sales2.41

Cash Flow$8.6446 per share

Price / Cash9.37

Book Value$38.88 per share

Price / Book2.08

Profitability

EPS (Most Recent Fiscal Year)$8.65

Net Income$567.08 million

Net Margins21.88%

Return on Equity25.77%

Return on Assets4.76%

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 announced a special dividend on Friday, May 4th. Stockholders of record on Monday, May 14th will be paid a dividend of $2.2345 per share on Tuesday, May 22nd. This represents a dividend yield of 0.91%. The ex-dividend date is Friday, May 11th. This is a positive change from Banco Macro's previous special dividend of $0.75. View Banco Macro's Dividend History.

How were Banco Macro's earnings last quarter?

Banco Macro S.A. (NYSE:BMA) announced its quarterly earnings data on Wednesday, November, 9th. The bank reported $1.83 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.61 by $0.22. The bank had revenue of $403.26 million for the quarter. Banco Macro had a return on equity of 25.77% and a net margin of 21.88%. View Banco Macro's Earnings History.

When is Banco Macro's next earnings date?

Banco Macro is scheduled to release their next quarterly earnings announcement on Wednesday, May, 30th 2018. View Earnings Estimates for Banco Macro.

What price target have analysts set for BMA?

7 equities research analysts have issued 12 month target prices for Banco Macro's shares. Their predictions range from $104.00 to $113.70. On average, they expect Banco Macro's stock price to reach $108.85 in the next year. View Analyst Ratings for Banco Macro.

Who are some of Banco Macro's key competitors?

Some companies that are related to Banco Macro include SEB Group (SVKEF), KB Financial Group (KB), Erste Group (EBKDY), Credicorp (BAP), National Bank of Canada (NTIOF), Banco de Chile (BCH), First Republic Bank (FRC), Banco Santander-Chile (BSAC), Banorte (GBOOY), Bancolombia (CIB), Wells Fargo (WF), Galicia Financial Group (GGAL), Suruga Bank (SUGBY), Banco Santander Mexico Sa Instcn De (BSMX) and Metro Bank (MBNKF).

Who are Banco Macro's key executives?

Banco Macro's management team includes the folowing people:

Mr. Gustavo Alejandro Manriquez, Chief Exec. Officer (Age 49)
Mr. Jorge Horacio Brito, Chairman (Leave of Absence) (Age 66)
Mr. Jorge Francisco Scarinci, CFO & Fin. & IR Mang. (Age 48)
Mr. Ricardo Mendoza Albán, Operations and Technology Mang. (Age 50)
Mr. Agustín Devoto, Investment Banking Mang. (Age 42)

Has Banco Macro been receiving favorable news coverage?

Media headlines about BMA stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Banco Macro earned a news sentiment score of 0.13 on Accern's scale. They also gave news stories about the bank an impact score of 43.79 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Banco Macro's major shareholders?

Banco Macro's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Carmignac Gestion (4.16%), BlackRock Inc. (1.97%), PointState Capital LP (1.86%), Bamco Inc. NY (1.00%), TT International (0.93%) and Wells Fargo & Company MN (0.53%). View Institutional Ownership Trends for Banco Macro.

Which major investors are selling Banco Macro stock?

BMA stock was sold by a variety of institutional investors in the last quarter, including PointState Capital LP, Hsbc Holdings PLC, Carmignac Gestion, Sei Investments Co., State of New Jersey Common Pension Fund D, Eaton Vance Management, Sumitomo Mitsui Trust Holdings Inc. and Barclays PLC. View Insider Buying and Selling for Banco Macro.

Which major investors are buying Banco Macro stock?

BMA stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., TT International, Employees Retirement System of Texas, Royal Bank of Canada, Millennium Management LLC, Amundi Pioneer Asset Management Inc., Victory Capital Management Inc. and CI Investments Inc.. View Insider Buying and Selling for Banco Macro.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Banco Macro's stock price today?

One share of BMA stock can currently be purchased for approximately $81.00.

How big of a company is Banco Macro?

Banco Macro has a market capitalization of $5.33 billion and generates $2.21 billion in revenue each year. The bank earns $567.08 million in net income (profit) each year or $8.65 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:		2.3 out of 5 ( )
Outperform Votes:		166 (Vote Outperform)
Underperform Votes:		196 (Vote Underperform)
Total Votes:		362

MarketBeat's community ratings are surveys of what our community members think about Banco Macro and other stocks. Vote "Outperform" if you believe BMA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BMA will underperform the S&P 500 over the long term. You may vote once every thirty days.

Banco Macro (NYSE:BMA) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

7 Wall Street analysts have issued ratings and price targets for Banco Macro in the last 12 months. Their average twelve-month price target is $108.85, suggesting that the stock has a possible upside of 34.38%. The high price target for BMA is $113.70 and the low price target for BMA is $104.00. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus rating of "Buy."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Buy	Buy	Hold	Hold
Consensus Rating Score:	2.86	2.67	2.40	2.00
Ratings Breakdown:	0 Sell Rating(s) 1 Hold Rating(s) 6 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 4 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)	1 Sell Rating(s) 3 Hold Rating(s) 1 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$108.85	$113.70	$113.70	$113.70
Price Target Upside:	34.38% upside	1.39% upside	0.52% upside	14.07% upside

Banco Macro (NYSE:BMA) Consensus Price Target History

Price Target History for Banco Macro (NYSE:BMA)

Banco Macro (NYSE:BMA) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/11/2018	Santander	Upgrade	Hold ➝ Buy		Medium
5/9/2018	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$104.00	High
3/12/2018	UBS	Upgrade	Hold ➝ Buy		Low
3/12/2018	Citigroup	Upgrade	Neutral ➝ Buy		Low
2/26/2018	HSBC	Upgrade	Hold ➝ Buy		Low
9/11/2017	Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$113.70	Medium
6/13/2017	Credit Suisse Group	Upgrade	Neutral ➝ Outperform		High

(Data available from 5/27/2016 forward)

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

Earnings by Quarter for Banco Macro (NYSE:BMA)

Banco Macro (NYSE:BMA) Earnings Estimates

Current Year EPS Consensus Estimate: $10.65 EPS
Next Year EPS Consensus Estimate: $12.29 EPS

Banco Macro (NYSE BMA) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/30/2018
2/19/2018	Q4 2017	$2.31	$2.40		$401.72 million	View	N/A
11/8/2017	Q3 2017	$2.33	$2.24		$457.86 million	View	N/A
8/9/2017	Q2 2017	$2.11	$2.05		$448.85 million	View	N/A
5/10/2017	Q1 2017	$1.86	$1.65		$449.30 million	View	N/A
2/15/2017	Q4 2016	$1.62	$1.88		$423.94 million	View	N/A
11/9/2016	Q3	$1.61	$1.83		$403.26 million	View	Listen
8/9/2016	Q2 2016	$1.77	$2.17		$381.75 million	View	N/A
4/21/2016	Q1 2016	$1.74	$1.68		$307.74 million	View	N/A
2/17/2016	Q4 2015	$2.25	$3.37		$496.39 million	View	N/A
11/10/2015	Q3 2015	$1.82	$2.01		$466.97 million	View	N/A
8/10/2015	Q2 2015	$1.72	$1.55		$399.33 million	View	N/A
5/11/2015	Q2 2015	$1.72	$1.55	$356.56 million	$447.77 million	View	N/A
2/18/2015	Q4 2014	$1.50	$1.13		$353.81 million	View	N/A
11/10/2014	Q3 2014	$1.57	$1.99		$406.38 million	View	N/A
8/6/2014	Q2 2014	$1.62	$1.54		$350.16 million	View	N/A
5/22/2014		$1.68	$2.53			View	N/A
5/8/2014	Q1 2014	$1.68	$2.53		$463.53 million	View	N/A
2/20/2014		$1.51	$2.50		$324.34 million	View	N/A
11/8/2013	Q3 2013	$1.42	$1.69		$362.42 million	View	N/A
8/8/2013	Q2 2013	$1.43	$1.47		$332.22 million	View	N/A
5/8/2013	Q1 2013	$1.37	$1.53		$331.16 million	View	N/A
2/14/2013	Q4 2012	$1.25	$1.48			View	N/A
11/7/2012	Q3 2012	$1.23	$1.48			View	N/A
8/7/2012	Q2 2012	$1.27	$1.24			View	N/A
5/10/2012	Q1 2012		$1.26			View	N/A
2/15/2012	Q4 2011	$1.19	$1.37			View	N/A
11/7/2011	Q3 2011	$1.15	$1.14			View	N/A
8/4/2011	Q2 2011	$1.16	$0.99			View	N/A
5/5/2011	Q1 2011	$1.07	$1.10			View	N/A
2/10/2011	Q4 2010	$1.14	$1.15			View	N/A
11/4/2010	Q3 2010	$0.94	$1.14			View	N/A
8/4/2010	Q2 2010	$0.89	$0.94			View	N/A
5/7/2010	Q1 2010	$0.80	$1.06			View	N/A
2/11/2010	Q4 2009	$0.79	$1.07			View	N/A
11/4/2009	Q3 2009	$0.67	$0.84			View	N/A
8/6/2009	Q2 2009	$0.67	$0.72			View	N/A
5/11/2009	Q1 2009	$0.76	$0.70			View	N/A

(Earnings results data provided by Zacks Investment Research)

Banco Macro (NYSE:BMA) Dividend Information

Banco Macro pays an annual dividend of $2.23 per share, with a dividend yield of 2.75%. BMA's most recent special dividend payment was Tuesday, May 22. Banco Macro pays out 25.78% of its earnings out as a dividend.

Most Recent Dividend:	5/22/2018
Annual Dividend:	$2.23
Dividend Yield:	2.75%
Dividend Growth:	-12.60% (3 Year Average)
Payout Ratio(s):	25.78% (Trailing 12 Months of Earnings) 20.94% (Based on This Year's Estimates) 18.14% (Based on Next Year's Estimates) 25.80% (Based on Cash Flow)

Dividend Payments by Quarter for Banco Macro (NYSE:BMA)

Banco Macro (NYSE:BMA) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
5/4/2018	special	$2.2345	0.91%	5/11/2018	5/14/2018	5/22/2018
6/14/2017	...	$0.0020	0.86%	6/14/2017	6/16/2017	6/23/2017
6/1/2017	special	$0.7453	0.84%	6/8/2017	6/12/2017	6/20/2017
8/4/2016		$0.6670		8/12/2016	8/16/2016	8/16/2016

(Data available from 1/1/2013 forward)

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

Institutional Ownership Percentage: 28.32%

Insider Trading History for Banco Macro (NYSE:BMA)

Banco Macro (NYSE BMA) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
6/30/2015	Karl Eric Kottmeier	Director	Buy	150,000	$0.05	$7,500.00

(Data available from 1/1/2013 forward)

Banco Macro (NYSE BMA) News Headlines

Source:

Date	Headline
	Banco Macro S.A. (BMA) Receives Average Rating of "Buy" from Analysts www.americanbankingnews.com - May 24 at 1:34 AM
	$2.44 Earnings Per Share Expected for Banco Macro S.A. (BMA) This Quarter www.americanbankingnews.com - May 23 at 9:14 PM
	Argentina: What Just Happened And What's Next? seekingalpha.com - May 23 at 4:41 PM
	Banco Macro (BMA) Upgraded by ValuEngine to "Sell" www.americanbankingnews.com - May 17 at 10:56 PM
	JPMorgan Upgrades Banco Macro S.A (BMA) to Overweight, 'we believe current sell-off was exaggerated' www.streetinsider.com - May 12 at 10:00 AM
	Banco Macro (BMA) Upgraded by Santander to "Buy" www.americanbankingnews.com - May 11 at 6:33 PM
	Banco Macro S.A. Announces Share Repurchase Program finance.yahoo.com - May 11 at 10:14 AM
	Banco Macro (BMA) Upgraded to "Buy" by JPMorgan Chase www.americanbankingnews.com - May 9 at 12:09 PM
	Should You Buy Banco Macro (BMA) Ahead of Earnings? www.zacks.com - May 8 at 9:17 AM
	Banco Macro S.A. (BMA) Expected to Announce Earnings of $2.44 Per Share www.americanbankingnews.com - May 6 at 11:23 AM
	Banco Macro (BMA) Stock Rating Lowered by ValuEngine www.americanbankingnews.com - May 5 at 2:27 PM
	Banco Macro S.A. (BMA) Announces Dividend Increase - $2.23 Per Share www.americanbankingnews.com - May 4 at 6:52 PM
	Banco Macro is Now Oversold (BMA) www.nasdaq.com - April 26 at 4:32 PM
	Banco Macro S.A. Informs the Market of the Filing of its Annual Report on Form 20-F for The Fiscal Year Ended December 31, 2017 finance.yahoo.com - April 26 at 9:09 AM
	Zacks Investment Research Downgrades Banco Macro (BMA) to Hold www.americanbankingnews.com - April 24 at 6:58 PM
	Moody's: Argentine banks' strategies evolving as demand for credit soars and margins narrow finance.yahoo.com - April 24 at 9:19 AM
	Banco Macro (BMA) Upgraded to "Buy" by Zacks Investment Research www.americanbankingnews.com - April 19 at 6:22 PM
	$2.44 EPS Expected for Banco Macro S.A. (BMA) This Quarter www.americanbankingnews.com - April 19 at 11:15 AM
	Banco Macro (BMA) Downgraded by Zacks Investment Research www.americanbankingnews.com - April 18 at 7:30 PM
	Banco Macro (BMA) Lifted to "Strong-Buy" at ValuEngine www.americanbankingnews.com - April 15 at 10:59 AM
	ValuEngine Lowers Banco Macro (BMA) to Hold www.americanbankingnews.com - April 5 at 2:14 PM
	Banco Macro SA (BMA) Receives Average Rating of "Buy" from Analysts www.americanbankingnews.com - April 4 at 1:39 AM
	Brokerages Expect Banco Macro SA (BMA) Will Post Earnings of $2.44 Per Share www.americanbankingnews.com - April 2 at 11:22 AM
	Banco Macro S.A. -- Moody's rates Banco Macro's Class C notes finance.yahoo.com - March 29 at 9:44 AM
	Banco Macro (BMA) Upgraded to Buy by Zacks Investment Research www.americanbankingnews.com - March 28 at 7:06 PM
	Banco Macro (BMA) Upgraded to Strong-Buy at ValuEngine www.americanbankingnews.com - March 25 at 8:10 PM
	Analysts Expect Banco Macro SA (BMA) to Post $2.44 Earnings Per Share www.americanbankingnews.com - March 16 at 9:17 AM
	Banco Macro (BMA) Upgraded to Buy by Citigroup www.americanbankingnews.com - March 12 at 12:53 PM
	Banco Macro (BMA) Upgraded by UBS Group to Buy www.americanbankingnews.com - March 12 at 12:53 PM
	Head to Head Comparison: Citigroup (C) & Banco Macro (BMA) www.americanbankingnews.com - March 11 at 6:02 AM
	Banco Macro SA (BMA) Receives Consensus Rating of "Buy" from Analysts www.americanbankingnews.com - March 10 at 1:28 AM
	New Vernon Investment Management LLC Reduces Position in Banco Macro SA (BMA) www.americanbankingnews.com - March 6 at 9:11 AM
	Eaton Vance Management Purchases New Stake in Banco Macro SA (BMA) www.americanbankingnews.com - March 5 at 10:09 AM
	Banco Macro (BMA) Downgraded to "Buy" at ValuEngine www.americanbankingnews.com - March 3 at 6:07 PM
	Wells Fargo & Company MN Trims Stake in Banco Macro SA (BMA) www.americanbankingnews.com - March 3 at 8:34 AM
	Banco Macro SA (BMA) Position Lessened by Standard Life Aberdeen plc www.americanbankingnews.com - March 1 at 6:48 PM
	Sei Investments Co. Buys 46,053 Shares of Banco Macro SA (BMA) www.americanbankingnews.com - March 1 at 9:22 AM
	Eagle Global Advisors LLC Has $1.80 Million Stake in Banco Macro SA (BMA) www.americanbankingnews.com - February 28 at 2:31 PM
	Zacks Investment Research Upgrades Banco Macro (BMA) to Hold www.americanbankingnews.com - February 27 at 6:18 PM
	Brokerages Expect Banco Macro SA (BMA) to Post $2.44 Earnings Per Share www.americanbankingnews.com - February 27 at 2:23 PM
	Cabot Wealth Management Inc. Invests $1.79 Million in Banco Macro SA (BMA) Stock www.americanbankingnews.com - February 27 at 5:22 AM
	Banco Macro (BMA) Raised to Buy at HSBC www.americanbankingnews.com - February 26 at 8:46 PM
	Arrowstreet Capital Limited Partnership Sells 162,766 Shares of Banco Macro SA (BMA) www.americanbankingnews.com - February 25 at 4:20 AM
	Banco Macro SA Sponsored ADR Class B to Host Earnings Call finance.yahoo.com - February 21 at 9:26 AM
	Banco Macro Announces Results for the Fourth Quarter of 2017 www.bizjournals.com - February 20 at 9:01 AM
	Reviewing Banner (BANR) and Banco Macro (BMA) www.americanbankingnews.com - February 13 at 11:22 AM
	Banco Macro SA (BMA) Given Average Recommendation of "Hold" by Brokerages www.americanbankingnews.com - February 13 at 1:38 AM
	Banco Macro (BMA) Downgraded by Zacks Investment Research to Strong Sell www.americanbankingnews.com - February 12 at 7:18 PM
	Banco Macro (BMA) Set to Announce Quarterly Earnings on Monday www.americanbankingnews.com - February 12 at 4:52 AM
	Brokerages Expect Banco Macro SA (BMA) Will Post Earnings of $2.27 Per Share www.americanbankingnews.com - February 10 at 5:20 PM

Banco Macro (NYSE:BMA) SEC Filings

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

Banco Macro (NYSE BMA) Stock Chart for Sunday, May, 27, 2018

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This page was last updated on 5/27/2018 by MarketBeat.com Staff