NYSE:BMA - Banco Macro Stock Price, Forecast & News

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

Banco Macro declared an annual dividend on Monday, May 6th. Investors of record on Monday, May 13th will be given a dividend of $2.249 per share on Tuesday, May 21st. This represents a dividend yield of 4.69%. The ex-dividend date of this dividend is Friday, May 10th. View Banco Macro's Dividend History.

Banco Macro SA ADR (NYSE:BMA) issued its quarterly earnings data on Friday, November, 8th. The bank reported $3.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $1.53. The bank had revenue of $490.69 million for the quarter. Banco Macro had a net margin of 24.72% and a return on equity of 44.95%. View Banco Macro's Earnings History.

Banco Macro is scheduled to release their next quarterly earnings announcement on Friday, March 13th 2020. View Earnings Estimates for Banco Macro.

8 Wall Street analysts have issued twelve-month price targets for Banco Macro's shares. Their forecasts range from $55.00 to $61.00. On average, they expect Banco Macro's share price to reach $58.00 in the next year. This suggests a possible upside of 91.5% from the stock's current price. View Analyst Price Targets for Banco Macro.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Macro in the last year. There are currently 4 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Banco Macro.

Media stories about BMA stock have been trending extremely negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Banco Macro earned a news impact score of -4.5 on InfoTrie's scale. They also assigned press coverage about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Banco Macro.

Banco Macro saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,430,000 shares, an increase of 85.8% from the December 15th total of 769,700 shares. Based on an average daily trading volume, of 489,600 shares, the days-to-cover ratio is currently 2.9 days. Approximately 2.3% of the shares of the stock are sold short. View Banco Macro's Current Options Chain.

Some companies that are related to Banco Macro include Woori Financial Group (WF), Intercorp Financial (IFS), Itau Corpbanca (ITCB), Grupo Financiero Galicia (GGAL), Bank of N.T. Butterfield & Son (NTB), BBVA Banco Frances (BBAR), SURUGA BANK ADR REP 10 (SUGBY), Opus Bank (OPB), Banco Latinoamericano de Comerci Extr (BLX), Peapack-Gladstone Financial (PGC), Grupo Supervielle (SUPV), American Business Bank (AMBZ), Metro Bank (MBNKF), Mainstreet Bank Common Stock (Virginia) (MNSB) and Esquire Financial (ESQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Macro investors own include Alibaba Group (BABA), Baidu (BIDU), Grupo Financiero Galicia (GGAL), NVIDIA (NVDA), McEwen Mining (MUX), AT&T (T), Netflix (NFLX), Bank of America (BAC), Walt Disney (DIS) and Energy Transfer LP Unit (ET).

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, Robinhood, Fidelity and Charles Schwab.

One share of BMA stock can currently be purchased for approximately $30.29.

Banco Macro has a market capitalization of $2.03 billion and generates $2.15 billion in revenue each year. The bank earns $-24,890,000.00 in net income (profit) each year or $7.82 on an earnings per share basis. Banco Macro employs 9,028 workers across the globe.View Additional Information About Banco Macro.

The official website for Banco Macro is http://www.macro.com.ar/.

Banco Macro's mailing address is AVENIDA EDUARDO MADERO 1182 24TH FLOOR, BUENOS AIRES C1, 1106. The bank can be reached via phone at 54-11-5222-6730 or via email at [email protected]