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NYSE:BMABanco Macro Stock Price, Forecast & News

$21.66
+0.10 (+0.46 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$21.35
Now: $21.66
$23.39
50-Day Range
$14.15
MA: $17.88
$21.96
52-Week Range
$13.59
Now: $21.66
$77.31
Volume880,137 shs
Average Volume1.07 million shs
Market Capitalization$1.45 billion
P/E Ratio1.76
Dividend YieldN/A
Beta1.2
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, 2017, it operated through a network of 445 branches, 1,443 ATMs, 912 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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Beat the Market (BTM) Rank

Analyst Opinion: 2.7Community Rank: 2.3Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.66 out of 5 stars


Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone54-11-5222-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.36 billion
Cash Flow$11.28 per share
Book Value$32.78 per share

Profitability

Net Income$427.46 million

Miscellaneous

Employees8,768
Market Cap$1.45 billion
Next Earnings Date6/8/2020 (Confirmed)
OptionableOptionable

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Banco Macro (NYSE:BMA) Frequently Asked Questions

How has Banco Macro's stock been impacted by COVID-19 (Coronavirus)?

Banco Macro's stock was trading at $23.79 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, BMA shares have decreased by 9.0% and is now trading at $21.66. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Banco Macro?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Macro in the last year. There are currently 4 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Banco Macro.

When is Banco Macro's next earnings date?

Banco Macro is scheduled to release its next quarterly earnings announcement on Monday, June 8th 2020. View our earnings forecast for Banco Macro.

How can I listen to Banco Macro's earnings call?

Banco Macro will be holding an earnings conference call on Monday, June 8th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Banco Macro's earnings last quarter?

Banco Macro SA ADR (NYSE:BMA) announced its quarterly earnings results on Wednesday, November, 9th. The bank reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.22. The bank had revenue of $403.26 million for the quarter. Banco Macro had a net margin of 28.44% and a return on equity of 49.59%. View Banco Macro's earnings history.

What price target have analysts set for BMA?

6 analysts have issued 12 month price objectives for Banco Macro's shares. Their forecasts range from $55.00 to $61.00. On average, they anticipate Banco Macro's stock price to reach $58.00 in the next twelve months. This suggests a possible upside of 167.8% from the stock's current price. View analysts' price targets for Banco Macro.

Has Banco Macro been receiving favorable news coverage?

Media headlines about BMA stock have been trending positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Banco Macro earned a news sentiment score of 3.0 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news aboutBanco Macro.

Are investors shorting Banco Macro?

Banco Macro saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 761,200 shares, a decline of 5.6% from the April 30th total of 806,600 shares. Based on an average daily trading volume, of 431,300 shares, the days-to-cover ratio is currently 1.8 days. Approximately 1.2% of the company's stock are sold short. View Banco Macro's Current Options Chain.

Who are some of Banco Macro's key competitors?

What other stocks do shareholders of Banco Macro own?

Who are Banco Macro's key executives?

Banco Macro's management team includes the following people:
  • Mr. Gustavo Alejandro Manriquez, CEO & GM (Age 50)
  • Mr. Jorge Francisco Scarinci, CFO and Fin. & IR Mang. (Age 49)
  • Mr. Ricardo Mendoza Albán, Operations & Technology Mang. (Age 51)
  • Mr. Agustín Devoto, Investment Banking Mang. (Age 43)
  • Ms. María José Perez Van Morlegan, Legal Services Mang. (Age 45)

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 institutional and retail investors. Top institutional investors include Odey Asset Management Group Ltd (4.10%), BlackRock Inc. (3.22%), State Street Corp (2.39%), Acadian Asset Management LLC (1.12%), Grantham Mayo Van Otterloo & Co. LLC (0.52%) and Wellington Management Group LLP (0.30%). 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 JPMorgan Chase & Co., BlackRock Inc., Deutsche Bank AG, Russell Investments Group Ltd., Morgan Stanley, SG Americas Securities LLC, Wells Fargo & Company MN, and UBS Group AG. View insider buying and selling activity 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 Acadian Asset Management LLC, Wellington Management Group LLP, Teacher Retirement System of Texas, State Street Corp, Schroder Investment Management Group, Odey Asset Management Group Ltd, Marathon Asset Management LP, and Grantham Mayo Van Otterloo & Co. LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Banco Macro's stock price today?

One share of BMA stock can currently be purchased for approximately $21.66.

How big of a company is Banco Macro?

Banco Macro has a market capitalization of $1.45 billion and generates $2.36 billion in revenue each year. The bank earns $427.46 million in net income (profit) each year or $10.87 on an earnings per share basis. Banco Macro employs 8,768 workers across the globe.

What is Banco Macro's official website?

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

How can I contact Banco Macro?

Banco Macro's mailing address is AVENIDA EDUARDO MADERO 1182 24TH FLOOR, BUENOS AIRES C1, 1106. The bank can be reached via phone at 54-11-5222-6500 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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