Macro Bank Inc. (NYSE:BMA – Get Free Report) has received a consensus recommendation of “Buy” from the eight research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $111.25.
Several analysts recently issued reports on BMA shares. JPMorgan Chase & Co. raised their target price on Macro Bank from $120.00 to $132.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Zacks Research raised Macro Bank from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 2nd. HSBC upgraded Macro Bank from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a research report on Tuesday, May 5th. Weiss Ratings raised Macro Bank from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 16th. Finally, Wall Street Zen upgraded Macro Bank from a “buy” rating to a “strong-buy” rating in a report on Sunday, July 12th.
Read Our Latest Report on Macro Bank
Institutional Inflows and Outflows
Macro Bank Trading Down 2.6%
Shares of BMA opened at $83.95 on Friday. The stock has a market capitalization of $5.36 billion, a P/E ratio of 19.85, a PEG ratio of 0.53 and a beta of 1.46. Macro Bank has a twelve month low of $38.30 and a twelve month high of $106.15. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.27. The firm has a fifty day simple moving average of $91.99 and a two-hundred day simple moving average of $84.70.
Macro Bank (NYSE:BMA – Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The bank reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.31. The firm had revenue of $412.19 million for the quarter, compared to analysts’ expectations of $837.75 million. Macro Bank had a net margin of 5.81% and a return on equity of 8.42%. On average, research analysts anticipate that Macro Bank will post 5.21 EPS for the current year.
Macro Bank Cuts Dividend
The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 2nd were given a dividend of $0.5296 per share. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend was Tuesday, June 2nd. Macro Bank’s payout ratio is presently 128.84%.
About Macro Bank
Macro Bank (NYSE: BMA) is the American depositary receipt program of Banco Macro SA, one of the largest privately owned banks in Argentina. Headquartered in Buenos Aires, the institution delivers a comprehensive suite of banking solutions to retail, corporate and agricultural customers across the country. Through its extensive branch network and digital platforms, Macro Bank aims to serve diverse client segments with tailored financial products and services.
The bank’s offerings span traditional deposit accounts—including checking, savings and term deposits—alongside payment and transaction services.
Featured Stories
- Five stocks we like better than Macro Bank
- Quantum Earnings Week: Winners and Losers Are Finally Emerging
- Axon’s Post-Earnings Pullback May Be More About Valuation Than Growth
- Uber Stock Lags in 2026, But Cash Flow and AV Bets Fuel Upside
- AppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay Bullish
Receive News & Ratings for Macro Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Macro Bank and related companies with MarketBeat.com's FREE daily email newsletter.
