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NYSE:BMABanco Macro Stock Price, Forecast & News

$18.06
-0.70 (-3.73 %)
(As of 07/2/2020 04:00 PM ET)
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Today's Range
$17.91
Now: $18.06
$19.48
50-Day Range
$17.16
MA: $20.09
$23.95
52-Week Range
$13.59
Now: $18.06
$77.31
Volume608,984 shs
Average Volume646,417 shs
Market Capitalization$1.21 billion
P/E Ratio1.59
Dividend YieldN/A
Beta1.19
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: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.79 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$10.81 per share
Book Value$32.78 per share

Profitability

Net Income$427.46 million

Miscellaneous

Employees8,768
Market Cap$1.21 billion
Next Earnings Date8/5/2020 (Estimated)
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 reached pandemic status according to the World Health Organization (WHO). Since then, BMA shares have decreased by 24.1% and is now trading at $18.06. 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 Wednesday, August 5th 2020. View our earnings forecast for Banco Macro.

How were Banco Macro's earnings last quarter?

Banco Macro SA ADR (NYSE:BMA) released its quarterly earnings results on Wednesday, June, 10th. The bank reported $1.80 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.26 by $0.46. The bank had revenue of $436.93 million for the quarter. Banco Macro had a return on equity of 43.05% and a net margin of 27.10%. View Banco Macro's earnings history.

What price target have analysts set for BMA?

6 Wall Street analysts have issued 12 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 twelve months. This suggests a possible upside of 221.2% from the stock's current price. View analysts' price targets for Banco Macro.

Has Banco Macro been receiving favorable news coverage?

Media stories about BMA stock have trended negative recently, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. 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 impact score of -2.8 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Banco Macro.

Are investors shorting Banco Macro?

Banco Macro saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 891,500 shares, a drop of 10.3% from the May 31st total of 993,900 shares. Based on an average trading volume of 683,900 shares, the short-interest ratio is currently 1.3 days. Approximately 1.4% of the shares of the stock are short sold. 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."

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 $18.06.

How big of a company is Banco Macro?

Banco Macro has a market capitalization of $1.21 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 7/3/2020 by MarketBeat.com Staff

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