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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
NYSE:BMA

Banco Macro (BMA) Stock Forecast, Price & News

$22.45
+0.56 (+2.56%)
(As of 06/7/2023 ET)
Compare
Today's Range
$21.47
$22.79
50-Day Range
$16.81
$22.45
52-Week Range
$9.72
$23.15
Volume
479,789 shs
Average Volume
237,155 shs
Market Capitalization
N/A
P/E Ratio
5.65
Dividend Yield
1.47%
Price Target
N/A

Banco Macro MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of Banco Macro in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.29%
From $2.27 to $2.15 Per Share

Overall MarketRank

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

1.61 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

The Stock That's Brining Lithium Back To America!
The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S Soil
The Stock That's Brining Lithium Back To America!
The American Energy Crisis Is Very Real And This Stock Is Solving That Problem On U.S Soil
Comparar con Banco Macro SA
Short Interest in Banco Macro S.A. (NYSE:BMA) Grows By 8.5%
Jorge Brito takes office as Chairman of Banco Macro
Banco Macro S.A. (BMA) Q4 2022 Earnings Call Transcript
See More Headlines

BMA Price History

BMA Company Calendar

Last Earnings
7/07/2021
Today
6/07/2023
Next Earnings (Estimated)
8/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Employees
7,796
Year Founded
N/A

Profitability

Net Income
$313.96 million
Pretax Margin
8.85%

Debt

Sales & Book Value

Annual Sales
$5.52 billion
Cash Flow
$8.35 per share
Book Value
$61.68 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.30

Key Executives

  • Gustavo Alejandro Manriquez
    Chief Executive Officer & General Manager
  • Jorge Francisco Scarinci
    Chief Financial Officer, Manager-Finance & IR
  • Ernesto Eduardo Medina
    Technology Manager
  • 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 twelve months. 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 beginning of 2023. Since then, BMA stock has increased by 36.7% and is now trading at $22.45.
View the best growth stocks for 2023 here
.

Are investors shorting Banco Macro?

Banco Macro saw a increase in short interest in May. As of May 15th, there was short interest totaling 261,800 shares, an increase of 37.0% from the April 30th total of 191,100 shares. Based on an average trading volume of 183,600 shares, the days-to-cover ratio is presently 1.4 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 Wednesday, August 23rd 2023.
View our BMA earnings forecast
.

How were Banco Macro's earnings last quarter?

Banco Macro S.A. (NYSE:BMA) posted 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 8.14% and a net margin of 5.15%.

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

Banco Macro declared a monthly dividend on Monday, December 19th. Stockholders of record on Tuesday, December 27th will be given a dividend of $0.0787 per share on Wednesday, January 4th. This represents a $0.94 annualized dividend and a dividend yield of 4.20%. The ex-dividend date of this dividend is Friday, December 23rd.
Read our dividend analysis for BMA
.

What ETF holds Banco Macro's stock ?

Global X MSCI Argentina ETF holds 116,232 shares of BMA stock, representing 4.16% of its portfolio.

Is Banco Macro a good dividend stock?

Banco Macro (NYSE:BMA) pays an annual dividend of $0.33 per share and currently has a dividend yield of 1.70%. The dividend payout ratio is 8.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMA will have a dividend payout ratio of 15.35% 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 many different institutional and retail investors. Top institutional shareholders include JGP Global Gestao de Recursos Ltda. (0.00%), Mirae Asset Global Investments Co. Ltd. (0.16%), BNP Paribas Arbitrage SNC (0.00%), Two Sigma Investments LP (0.09%), Renaissance Technologies LLC (0.00%) and Sterling Manor Financial 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 $22.45.

How many employees does Banco Macro have?

The company employs 7,796 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 6/8/2023 by MarketBeat.com Staff

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