Loma Negra Compañía Industrial Argentina Sociedad Anónima - LOMA Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loma Negra Compañía Industrial Argentina Sociedad Anónima in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" LOMA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOMA, but not buy additional shares or sell existing shares.
View LOMA analyst ratings or view top-rated stocks.

1 brokers have issued 12-month price targets for Loma Negra Compañía Industrial Argentina Sociedad Anónima's shares. Their LOMA share price forecasts range from $6.00 to $6.00. On average, they anticipate the company's stock price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 17.2%.
View analysts price targets for LOMA or view top-rated stocks among Wall Street analysts.

Loma Negra Compañía Industrial Argentina Sociedad Anónima's stock was trading at $6.85 on January 1st, 2023. Since then, LOMA shares have increased by 5.8% and is now trading at $7.25.
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Loma Negra Compañía Industrial Argentina Sociedad Anónima saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 1,070,000 shares, an increase of 37.2% from the February 28th total of 780,100 shares. Based on an average trading volume of 253,600 shares, the days-to-cover ratio is currently 4.2 days.
View Loma Negra Compañía Industrial Argentina Sociedad Anónima's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our LOMA earnings forecast.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) announced its quarterly earnings results on Wednesday, March, 8th. The company reported $0.40 EPS for the quarter. The firm had revenue of $227.60 million for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a net margin of 0.71% and a trailing twelve-month return on equity of 0.76%.

Loma Negra Compañía Industrial Argentina Sociedad Anónima announced a Variable dividend on Tuesday, December 27th. Shareholders of record on Friday, January 6th will be given a dividend of $0.16 per share on Tuesday, January 17th. The ex-dividend date of this dividend is Thursday, January 5th.
Read our dividend analysis for LOMA.

ETFs with the largest weight of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) stock in their portfolio include Global X MSCI Argentina ETF (ARGT) and Amplify International Enhanced Dividend Income ETF (IDVO).Global X SuperDividend ETF (SDIV).

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) pays an annual dividend of $1.20 per share and currently has a dividend yield of 16.78%. LOMA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 2,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, LOMA will have a dividend payout ratio of 137.93% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for LOMA.

Based on aggregate information from My MarketBeat watchlists, some companies that other Loma Negra Compañía Industrial Argentina Sociedad Anónima investors own include OPKO Health (OPK), Himax Technologies (HIMX), Southwest Airlines (LUV), NewAge (NBEV), Pfizer (PFE), Vale (VALE), Whiting Petroleum (WLL), Alcoa (AA), Advanced Micro Devices (AMD) and Ampio Pharmaceuticals (AMPE).

(LOMA) raised $853 million in an IPO on Wednesday, November 1st 2017. The company issued 50,200,000 shares at $15.00-$19.00 per share. BofA Merrill Lynch, Bradesco BBI, Citigroup, HSBC, Itaú BBA and Morgan Stanley served as the underwriters for the IPO.

Loma Negra Compañía Industrial Argentina Sociedad Anónima trades on the New York Stock Exchange (NYSE) under the ticker symbol "LOMA."

Loma Negra Compañía Industrial Argentina Sociedad Anónima's stock is owned by a variety of institutional and retail investors. Top institutional investors include Autonomy Capital Jersey L.P. (1.03%), Artisan Partners Limited Partnership (0.60%), Morgan Stanley (0.56%), abrdn plc (0.27%), Renaissance Technologies LLC (0.11%) and Arrowstreet Capital Limited Partnership (0.10%).

Shares of LOMA 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.
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One share of LOMA stock can currently be purchased for approximately $7.25.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) has a market capitalization of $848.83 million and generates $1.14 billion in revenue each year. The company earns $14.93 million in net income (profit) each year or $0.06 on an earnings per share basis.

The company employs 2,849 workers across the globe.

Loma Negra Compañía Industrial Argentina Sociedad Anónima's mailing address is CECILIA GRIERSON 355 4TH FLOOR, BUENOS AIRES C1, C1107CPG. The official website for the company is www.lomanegra.com. The company can be reached via phone at 541143193000 or via email at investorrelations@lomanegra.com.