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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The Safest Option in Trades! (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
The Safest Option in Trades! (Ad)pixel
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
The Safest Option in Trades! (Ad)pixel
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The Safest Option in Trades! (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
The Safest Option in Trades! (Ad)pixel
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
The Safest Option in Trades! (Ad)pixel
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
The Safest Option in Trades! (Ad)pixel
25 Ways to Improve Your Financial Situation in 1 Hour
La-Z-Boy Reclines To More Comfortable Levels 
The Safest Option in Trades! (Ad)pixel
Are the Short Sellers Still Right About Mullen Automotive stock? 
Is The Recovery Rally Here For SoFi?
The Safest Option in Trades! (Ad)pixel
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NYSE:BMA

Banco Macro - BMA Stock Forecast, Price & News

$14.25
-0.28 (-1.93%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.05
$14.53
50-Day Range
$12.84
$15.78
52-Week Range
$9.72
$18.05
Volume
112,557 shs
Average Volume
239,479 shs
Market Capitalization
$911.16 million
P/E Ratio
3.62
Dividend Yield
6.47%
Price Target
$17.70

Banco Macro MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
100.0% Downside
$0.00 Price Target
Short Interest
Healthy
0.84% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of Banco Macro in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
28.66%
From $3.35 to $4.31 Per Share

Overall MarketRank

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

2.29 out of 5 stars

Finance Sector

383rd out of 912 stocks

Commercial Banks, Not Elsewhere Classified Industry

18th out of 36 stocks

BMA stock logo

About Banco Macro (NYSE:BMA) Stock

Banco Macro S.A. provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking 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, residential mortgages, overdrafts, pledged loans, and credit card loans to retail customers. In addition, it offers corporate banking products and services, including deposits, lending, check cashing advances and factoring, guaranteed loans, credit lines for financing foreign trade, and cash management services; and trust, payroll, and financial agency services, as well as corporate credit cards and other specialty products; and working capital facilities, credit for investment projects, and leasing and foreign trade transactions. Further, the company provides transaction services, such as cash management, collection services, payments to suppliers, payroll services, foreign exchange transactions, and foreign trade services; information services comprising Datanet and Interpymes services to corporate customers; and Internet and mobile banking services. Additionally, it offers short-term and medium-to-long-term corporate lending products. As of December 31, 2021, it operated through a network of 466 branches, 1,779 ATMs, 955 self-service terminals, and various service points. The company was incorporated in 1966 and is headquartered in Buenos Aires, Argentina.

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BMA Stock News Headlines

Banco Macro S.A. (BMA) Q3 2022 Earnings Call Transcript
Banco Macro (NYSE:BMA) Upgraded at StockNews.com
Banco Macro: Dividend Insights
Banco Macro (NYSE: BMA)
Banco Macro B ADR Cadena de Opciones
Banco Macro S.A. (BMA)
Banco Macro reports Q1 results
Banco Macro Announces Payment Of Cash Dividend
Here's what to expect from Banco Macro's earnings
See More Headlines
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BMA Company Calendar

Last Earnings
7/07/2021
Ex-Dividend for 10/31 Dividend
10/21/2022
Dividend Payable
10/31/2022
Ex-Dividend for 12/2 Dividend
11/23/2022
Today
12/01/2022
Dividend Payable
12/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$0.00
High Stock Price Forecast
$0.00
Low Stock Price Forecast
$10,000,000.00
Forecasted Upside/Downside
+24.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$240.16 million
Pretax Margin
8.84%

Debt

Sales & Book Value

Annual Sales
$2.80 billion
Cash Flow
$5.75 per share
Book Value
$49.17 per share

Miscellaneous

Free Float
52,214,000
Market Cap
$911.16 million
Optionable
Optionable
Beta
1.25

Key Executives

  • Mr. Gustavo Alejandro Manriquez (Age 53)
    GM & CEO
  • Mr. Jorge Francisco Scarinci (Age 52)
    CFO, Fin. Mang. & IR Mang.
  • Mr. Ernesto Eduardo Medina (Age 55)
    Operations & Technology Mang.
  • Mr. Marcelo Agustin Devoto (Age 46)
    Investment Banking Mang.
  • Mr. Gerardo Adrian Alvarez (Age 53)
    Admin. & HR Mang.
  • Mr. Ernesto Lopez (Age 50)
    Legal Mang.
  • Mr. Gustavo Emilio Pessagno (Age 51)
    Compliance Mang.
  • Mr. Francisco Muro (Age 49)
    Distribution & Sales Mang.
  • Ms. Ana María Magdalena Marcet (Age 61)
    Credit Risk Mang.
  • Lic. Brian Anthony (Age 49)
    Commercial banking manager













BMA Stock - Frequently Asked Questions

Should I buy or sell Banco Macro stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banco Macro in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BMA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BMA, but not buy additional shares or sell existing shares.
View BMA analyst ratings
or view top-rated stocks.

What is Banco Macro's stock price forecast for 2023?

3 brokers have issued 12 month target prices for Banco Macro's shares. Their BMA share price forecasts range from $17.70 to $17.70. On average, they predict the company's stock price to reach $17.70 in the next year. This suggests a possible upside of 24.2% from the stock's current price.
View analysts price targets for BMA
or view top-rated stocks among Wall Street analysts.

How have BMA shares performed in 2022?

Banco Macro's stock was trading at $14.02 at the beginning of 2022. Since then, BMA shares have increased by 1.6% and is now trading at $14.25.
View the best growth stocks for 2022 here
.

Are investors shorting Banco Macro?

Banco Macro saw a decrease in short interest in October. As of October 31st, there was short interest totaling 521,200 shares, a decrease of 9.0% from the October 15th total of 572,500 shares. Based on an average daily trading volume, of 232,900 shares, the short-interest ratio is currently 2.2 days.
View Banco Macro's Short Interest
.

How were Banco Macro's earnings last quarter?

Banco Macro S.A. (NYSE:BMA) issued its quarterly earnings results on Wednesday, July, 7th. The bank reported $0.39 EPS for the quarter, missing the consensus estimate of $0.62 by $0.23. Banco Macro had a net margin of 7.53% and a trailing twelve-month return on equity of 9.37%.

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

Banco Macro declared a monthly dividend on Tuesday, November 15th. Stockholders of record on Friday, November 25th will be paid a dividend of $0.0787 per share on Friday, December 2nd. This represents a $0.94 dividend on an annualized basis and a dividend yield of 6.62%. The ex-dividend date is Wednesday, November 23rd.
Read our dividend analysis for BMA
.

Is Banco Macro a good dividend stock?

Banco Macro (NYSE:BMA) pays an annual dividend of $0.94 per share and currently has a dividend yield of 6.47%. BMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 23.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BMA will have a dividend payout ratio of 21.81% 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 institutional and retail investors. Top institutional investors include BNP Paribas Arbitrage SNC (0.15%), Renaissance Technologies LLC (0.09%), Verition Fund Management LLC (0.09%), Jump Financial LLC (0.07%), Virtu Financial LLC (0.05%) and Citadel Advisors 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 $14.25.

How much money does Banco Macro make?

Banco Macro (NYSE:BMA) has a market capitalization of $911.16 million and generates $2.80 billion in revenue each year. The bank earns $240.16 million in net income (profit) each year or $3.94 on an earnings per share basis.

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 12/2/2022 by MarketBeat.com Staff