Banco Macro (BMA) Upgraded to Strong Buy: What Does It Mean for the Stock?
Banco Macro (BMA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Banco Macro (BMA) Moves 4.6% Higher: Will This Strength Last?
Banco Macro (BMA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Banco Macro upgraded to Buy from Neutral at BofA
BofA upgraded Banco Macro to Buy from Neutral with a price target of $107, up from $91. The "impressive" recovery of the Argentine economy and a potential IMF agreement "should bring credibility to gradually remove capital controls and avoid an important depreciation of the currency," says the analyst, who adds that Argentina is "one of the few countries in Latin America under a right-and-market friendly government likely to attract important investments into the country."
Banco Macro S.A. (BMA) Q3 2024 Earnings Call Transcript
Banco Macro S.A. (NYSE:BMA ) Q3 2024 Earnings Conference Call December 2, 2024 11:00 AM ET Company Participants Nicolás Torres - IR Jorge Scarinci - CFO Conference Call Participants Brian Flores - Citibank Ernesto Gabilondo - Bank of America Nicolas Riva - Bank of America Yuri Fernandes - JPMorgan Operator Good morning, ladies and gentlemen, and thank you for waiting.
Banco Macro: Improved Economic Conditions Support Further Upside
Banco Macro is well-positioned to benefit from Argentina's improving economic conditions and reforms under Javier Milei, showing significant upside potential for long-term investors. The bank's recent performance has been strong, with shares up 46%, supported by a favorable macroeconomic environment and expected loan growth. Despite recent earnings volatility due to mark-to-market adjustments, Banco Macro's capital position remains robust, enabling sustainable high dividend yields.
Banco Macro S.A. (BMA) Q2 2024 Earnings Call Transcript
Banco Macro S.A. (NYSE:BMA ) Q2 2024 Earnings Conference Call August 23, 2024 12:00 PM ET Company Participants Nicolás Torres - Investor Relations Jorge Scarinci - Chief Financial Officer Conference Call Participants Ernesto Gabilondo - Bank of America Brian Flores - Citibank Marina Mertens - Latin Securities Yuri Fernandes - JPMorgan Carlos Gomez - HSBC Operator Good morning, ladies and gentlemen, and thank you for waiting.
5 Stocks to Watch on Recent Dividend Hikes Amid Recession Fears
Investors may keep a tab on stocks like BMA, NOG, FOXA, SHIP and MKTX, which have lately hiked their dividend payments.
Is Macro Bank (BMA) Stock Outpacing Its Finance Peers This Year?
Here is how Banco Macro (BMA) and Bancolombia (CIB) have performed compared to their sector so far this year.
2 Highly Ranked Finance Stocks to Buy with Generous Dividends
Considering their generous dividends now appears to be an ideal time to buy these highly ranked finance stocks as they are benefiting from strong business industries.
Banco Macro (BMA) Just Overtook the 20-Day Moving Average
Banco Macro (BMA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BMA crossed above the 20-day moving average, suggesting a short-term bullish trend.
2 Stocks That Could Keep Soaring After Crushing Earnings Expectations
Outside of Nvidia (NVDA), two companies that impressively exceeded their quarterly earnings expectations this week and continued the incredible rally in their stocks are Deckers Outdoor (DECK) and Macro Bank (BMA).
Banco Macro S.A. (BMA) Q1 2024 Earnings Call Transcript
Banco Macro S.A. (NYSE:BMA ) Q1 2024 Earnings Call Transcript May 24, 2024 12:00 PM ET Company Participants Nicolas Torres - IR Jorge Scarinci - CFO Gustavo Manriquez - CEO Conference Call Participants Ernesto Gabilondo - Bank of America Brian Flores - Citibank Marina Mertens - Latin Securities Carlos Gomez - HSBC David Pardo - Puente Hermanos Operator Good morning, ladies and gentlemen, and thank you for waiting.
