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S&P 500   4,109.31
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Buy THIS stock before Taiwan is attacked (Ad)
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What is a Gold IRA, and is it a Viable Investment?
Stocks are for suckers – try this instead (Ad)
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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Buy THIS stock before Taiwan is attacked (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Stocks are for suckers – try this instead (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Stocks are for suckers – try this instead (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Buy THIS stock before Taiwan is attacked (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Stocks are for suckers – try this instead (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Stocks are for suckers – try this instead (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
NYSE:BMA

Banco Macro - BMA Stock Forecast, Price & News

$17.81
-0.77 (-4.14%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$17.41
$18.68
50-Day Range
$16.79
$22.75
52-Week Range
$9.72
$23.15
Volume
182,456 shs
Average Volume
272,309 shs
Market Capitalization
N/A
P/E Ratio
4.67
Dividend Yield
5.73%
Price Target
N/A

Banco Macro MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.25mentions of Banco Macro in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
40.53%
From $2.27 to $3.19 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars


BMA stock logo

About Banco Macro (NYSE:BMA) Stock

Banco Macro SA engages in the provision of financial and banking services. It serves the low and mid-income individuals, and small and mid-sized companies. The firm offers savings, checking accounts, time deposits, fund management, loans, mortgages, and direct banking transactions. The company was founded on November 21, 1966 and is headquartered in Buenos Aires, Argentina.

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BMA Stock News Headlines

5 Hypergrowth Stocks to Buy Now
Luke Lango has found 14 stocks that have gone up over 1,000%. Now he’s named his top stocks for 2023. Just click to claim your copy. pixel
Jorge Brito takes office as Chairman of Banco Macro
5 Hypergrowth Stocks to Buy Now
Luke Lango has found 14 stocks that have gone up over 1,000%. Now he’s named his top stocks for 2023. Just click to claim your copy. pixel
Banco Macro S.A. (BMA) Q4 2022 Earnings Call Transcript
BMA Banco Macro S.A.
Short Volatility Alert: Banco Macro S.a.
Banco Macro declares $0.0786 dividend
Banco Macro S.A. (BMA) Q3 2022 Earnings Call Transcript
Banco Macro: Dividend Insights
Banco Macro (NYSE: BMA)
See More Headlines
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BMA Company Calendar

Last Earnings
7/07/2021
Ex-Dividend for 1/4 Dividend
12/23/2022
Dividend Payable
1/04/2023
Today
3/31/2023
Next Earnings (Estimated)
5/22/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

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

Profitability

Net Income
$331.40 million
Pretax Margin
7.70%

Debt

Sales & Book Value

Annual Sales
$5.52 billion
Cash Flow
$6.98 per share
Book Value
$61.72 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.32

Key Executives

  • Gustavo Alejandro Manriquez
    Chief Executive Officer & General Manager
  • Ernesto Eduardo Medina
    Manager-Operations & Information Technology
  • Jorge Francisco Scarinci
    Chief Financial Officer, Manager-Finance & IR
  • Gerardo Adrián Álvarez
    Manager-Human Resources & Administration
  • Ana María Magdalena Marcet
    Manager-Credit Risk













BMA Stock - Frequently Asked Questions

Should I buy or sell Banco Macro stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Macro in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BMA shares.
View BMA analyst ratings
or view top-rated stocks.

How have BMA shares performed in 2023?

Banco Macro's stock was trading at $16.42 at the start of the year. Since then, BMA shares have increased by 8.5% and is now trading at $17.81.
View the best growth stocks for 2023 here
.

Are investors shorting Banco Macro?

Banco Macro saw a increase in short interest in March. As of March 15th, there was short interest totaling 250,000 shares, an increase of 8.5% from the February 28th total of 230,400 shares. Based on an average daily trading volume, of 277,600 shares, the days-to-cover ratio is currently 0.9 days.
View Banco Macro's Short Interest
.

When is Banco Macro's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 22nd 2023.
View our BMA earnings forecast
.

How were Banco Macro's earnings last quarter?

Banco Macro S.A. (NYSE:BMA) announced its quarterly earnings data on Wednesday, July, 7th. The bank reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.62 by $0.23. Banco Macro had a trailing twelve-month return on equity of 8.24% and a net margin of 6.23%.

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

Banco Macro announced a monthly dividend on Monday, December 19th. Stockholders of record on Tuesday, December 27th will be paid a dividend of $0.0787 per share on Wednesday, January 4th. This represents a $0.94 annualized dividend and a yield of 5.30%. The ex-dividend date is Friday, December 23rd.
Read our dividend analysis for BMA
.

What ETF holds Banco Macro's stock ?

Global X MSCI Argentina ETF holds 106,561 shares of BMA stock, representing 3.91% of its portfolio.

Is Banco Macro a good dividend stock?

Banco Macro (NYSE:BMA) pays an annual dividend of $1.02 per share and currently has a dividend yield of 5.59%. BMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 26.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMA will have a dividend payout ratio of 31.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BMA.

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

19 employees have rated Banco Macro Chief Executive Officer Jorge Horacio Brito on Glassdoor.com. Jorge Horacio Brito has an approval rating of 75% among the company'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."

Who are Banco Macro's major shareholders?

Banco Macro's stock is owned by a variety of retail and institutional investors. Top institutional investors include Discovery Capital Management LLC CT (0.00%), Arrowstreet Capital Limited Partnership (0.00%), Morgan Stanley (0.00%), Jane Street Group LLC (0.00%), Susquehanna International Group LLP (0.00%) and Susquehanna Fundamental Investments LLC (0.00%).
View institutional ownership trends
.

How do I buy shares of Banco Macro?

Shares of BMA stock 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 $17.81.

How many employees does Banco Macro have?

The company 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 the company 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 4/1/2023 by MarketBeat.com Staff