NYSE:BMA Banco Macro (BMA) Stock Forecast, Price & News $22.45 +0.56 (+2.56%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$21.47▼$22.7950-Day Range$16.81▼$22.4552-Week Range$9.72▼$23.15Volume479,789 shsAverage Volume237,155 shsMarket CapitalizationN/AP/E Ratio5.65Dividend Yield1.47%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Banco Macro MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearishDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.00Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth-5.29%From $2.27 to $2.15 Per ShareSee Full Details Hide Full Details 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 N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Banco Macro. Previous Next 2.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverBanco Macro has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Banco Macro has recently increased by 37.00%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldBanco Macro pays a meaningful dividend of 1.70%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthBanco Macro does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Banco Macro is 8.31%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Banco Macro will have a dividend payout ratio of 15.35% next year. This indicates that Banco Macro will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BMA. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 7 news articles for Banco Macro this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Banco Macro to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Banco Macro insiders have not sold or bought any company stock.Percentage Held by Insiders18.34% of the stock of Banco Macro is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.87% of the stock of Banco Macro is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Banco Macro are expected to decrease by -5.29% in the coming year, from $2.27 to $2.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Banco Macro is 5.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Banco Macro is 5.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 155.61.Price to Book Value per Share RatioBanco Macro has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Banco Macro (NYSE:BMA) StockBanco 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.Read More Receive BMA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Banco Macro and its competitors with MarketBeat's FREE daily newsletter. Email Address BMA Stock News HeadlinesJune 7, 2023 | msn.comItaú negocia la venta de sus operaciones en el país al Banco MacroJune 7, 2023 | reuters.comUPDATE 2-Brazil's Itau Unibanco in talks with Banco Macro to sell Argentina opsJune 8, 2023 | UNKNOWN (Ad)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 SoilJune 6, 2023 | es-us.finanzas.yahoo.comBrasileño Itaú negocia venta de filial argentina a Banco MacroJune 6, 2023 | msn.comEl Banco Macro confirma la conversación para comprar la filial argentina del ItaúJune 6, 2023 | marketwatch.comBrazil's Itau in Talks to Sell Argentine Unit to Banco MacroJune 4, 2023 | americanbankingnews.comBanco Macro (NYSE:BMA) Stock Price Crosses Above 200-Day Moving Average of $17.94June 2, 2023 | msn.comEl Banco Macro eligió Maipú para acompañar la educaciónJune 8, 2023 | UNKNOWN (Ad)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 SoilMay 21, 2023 | americanbankingnews.comBanco Macro (NYSE:BMA) Earns Buy Rating from Analysts at StockNews.comMay 17, 2023 | finance.yahoo.comBanco Macro Announces Results for the First Quarter of 2023May 8, 2023 | msn.comUnusual Call Option Trade in Banco Macro S.A. - ADR (BMA) Worth $105.00KApril 28, 2023 | finance.yahoo.comBanco Macro S.A. Informs the Market of the Filing of its Annual Report on form 20-F for the Fiscal Year Ended December 31, 2022April 28, 2023 | msn.comComparar con Banco Macro SAApril 20, 2023 | seekingalpha.comArgentina's Economic Collapse Will Likely Take Banco Macro With ItApril 18, 2023 | americanbankingnews.comInter & Co, Inc. (NASDAQ:INTR) vs. Banco Macro (NYSE:BMA) Head to Head ReviewApril 3, 2023 | americanbankingnews.comShort Interest in Banco Macro S.A. (NYSE:BMA) Grows By 8.5%April 2, 2023 | americanbankingnews.comBanco Macro (NYSE:BMA) Share Price Crosses Above Two Hundred Day Moving Average of $16.95March 27, 2023 | msn.comPlazo fijo Banco Macro: cuánta plata ganás si hoy mismo invertís $95.000 a 30 díasMarch 18, 2023 | msn.comUna encuesta internacional reconoce logros de Banco MacroMarch 18, 2023 | msn.comBanco Macro se consolida como uno de los mejores lugares para trabajar en ArgentinaMarch 16, 2023 | finance.yahoo.comJorge Brito takes office as Chairman of Banco MacroMarch 16, 2023 | msn.comEzequiel Carballo, gran referente bancario argentino, renunció al Banco MacroMarch 10, 2023 | msn.comBanco Macro, presente en la edición 2023 de ExpoagroMarch 9, 2023 | msn.comBanco Macro está presente en Expoagro 2023February 26, 2023 | seekingalpha.comBanco Macro S.A. (BMA) Q4 2022 Earnings Call TranscriptFebruary 23, 2023 | finance.yahoo.comBanco Macro Announces Results for the Fourth Quarter of 2022See More Headlines BMA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BMA Company Calendar Last Earnings7/07/2021Today6/07/2023Next Earnings (Estimated)8/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Commercial banks, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:BMA CUSIPN/A CIK1347426 Webwww.macro.com.ar Phone541152226730Fax54-11-5325-5641Employees7,796Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$3.97 Trailing P/E Ratio5.65 Forward P/E Ratio9.89 P/E GrowthN/ANet Income$313.96 million Net Margins5.15% Pretax Margin8.85% Return on Equity8.14% Return on Assets2.03% Debt Debt-to-Equity Ratio0.15 Current Ratio0.72 Quick Ratio0.72 Sales & Book Value Annual Sales$5.52 billion Price / SalesN/A Cash Flow$8.35 per share Price / Cash Flow2.69 Book Value$61.68 per share Price / Book0.36Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta1.30 Key ExecutivesGustavo Alejandro ManriquezChief Executive Officer & General ManagerJorge Francisco ScarinciChief Financial Officer, Manager-Finance & IRErnesto Eduardo MedinaTechnology ManagerGerardo Adrián ÁlvarezManager-Human Resources & AdministrationAna María Magdalena MarcetManager-Credit RiskKey CompetitorsBanco Itaú ChileNYSE:ITCLBanco BBVA ArgentinaNYSE:BBARBank of N.T. Butterfield & SonNYSE:NTBBanco Latinoamericano de Comercio Exterior, S. A.NYSE:BLXPeapack-Gladstone FinancialNASDAQ:PGCView All CompetitorsInstitutional OwnershipTrium Capital LLPBought 7,279 shares on 5/16/2023Ownership: 0.028%Susquehanna International Group LLPSold 15,200 shares on 5/16/2023Ownership: 0.000%Two Sigma Investments LPBought 59,600 shares on 5/15/2023Ownership: 0.093%Cubist Systematic Strategies LLCSold 2,010 shares on 5/15/2023Ownership: 0.028%Group One Trading L.P.Bought 1,200 shares on 5/12/2023Ownership: 0.000%View All Institutional Transactions 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Banco Macro investors own include Energy Transfer (ET), AT&T (T), Wells Fargo & Company (WFC), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), AGNC Investment (AGNC), Grupo Financiero Galicia (GGAL), New Residential Investment (NRZ), ARMOUR Residential REIT (ARR) and Bank of America (BAC). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Banco Macro S.A. Please log in to your account or sign up in order to add this asset to your watchlist. 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