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NYSE:BMA

Banco Macro Stock Forecast, Price & News

$15.32
-0.06 (-0.39 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$14.91
Now: $15.32
$15.87
50-Day Range
$15.38
MA: $19.54
$23.48
52-Week Range
$13.59
Now: $15.32
$39.10
Volume461,000 shs
Average Volume544,978 shs
Market Capitalization$1.03 billion
P/E Ratio1.50
Dividend YieldN/A
Beta1.21
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: 0.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.84 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$9.82 per share
Book Value$32.78 per share

Profitability

Net Income$427.46 million

Miscellaneous

Employees8,768
Market Cap$1.03 billion
Next Earnings Date11/13/2020 (Estimated)
OptionableOptionable
$15.32
-0.06 (-0.39 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Banco Macro (NYSE:BMA) Frequently Asked Questions

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

Banco Macro's stock was trading at $23.79 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BMA stock has decreased by 35.6% and is now trading at $15.32.
View which stocks have been most impacted by COVID-19
.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Macro in the last year. There are currently 4 sell ratings and 1 hold rating 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 Friday, November 13th 2020.
View our earnings forecast for Banco Macro
.

How were Banco Macro's earnings last quarter?

Banco Macro SA ADR (NYSE:BMA) issued its quarterly earnings results on Wednesday, June, 10th. The bank reported $1.80 EPS for the quarter, missing analysts' consensus estimates of $2.26 by $0.46. The bank had revenue of $436.93 million for the quarter. Banco Macro had a net margin of 27.44% and a return on equity of 37.61%.
View Banco Macro's earnings history
.

Are investors shorting Banco Macro?

Banco Macro saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 483,300 shares, an increase of 64.8% from the August 15th total of 293,200 shares. Based on an average trading volume of 523,000 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.8% of the company's shares are short sold.
View Banco Macro's Short Interest
.

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 number of retail and institutional investors. Top institutional investors include LSV Asset Management (0.57%), Teacher Retirement System of Texas (0.23%), Grantham Mayo Van Otterloo & Co. LLC (0.23%), APG Asset Management N.V. (0.22%), Russell Investments Group Ltd. (0.16%) and Goldman Sachs Group Inc. (0.12%).
View institutional ownership trends for Banco Macro
.

Which institutional investors are selling Banco Macro stock?

BMA stock was sold by a variety of institutional investors in the last quarter, including Grantham Mayo Van Otterloo & Co. LLC, Bank of New York Mellon Corp, UBS Group AG, LSV Asset Management, APG Asset Management N.V., Goldman Sachs Group Inc., and Skandinaviska Enskilda Banken AB publ.
View insider buying and selling activity for Banco Macro
.

Which institutional investors are buying Banco Macro stock?

BMA stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Teacher Retirement System of Texas, Aigen Investment Management LP, Man Group plc, Banco Santander S.A., Jane Street Group LLC, Engineers Gate Manager LP, and Cadence Capital Management 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 $15.32.

How big of a company is Banco Macro?

Banco Macro has a market capitalization of $1.03 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 9/19/2020 by MarketBeat.com Staff

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