Grupo Financiero Galicia (GGAL) Stock Price, News & Analysis

Company Overview

Grupo Financiero Galicia S.A., a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services. In addition, the company offers financing products; consumer finance and digital banking services; electronic check; global custody services; Fima funds; financial and stock market services to individuals, companies, and financial institutions; foreign trade services; and capital market and investment banking products that include debt securities, short-term securities, and financial trusts. Further, it provides robbery, personal accident, life collective, home, life, integral, pet, surety, and technical insurance products. Additionally, the company offers private banking services to high net worth individuals; and operates digital investment platform. Grupo Financiero Galicia S.A. was founded in 1905 and is based in Buenos Aires, Argentina.

Key Stats

• Today's Range: $54.54 to $57.55
• 50-Day Range: $41.55 to $56.29
• 52-Week Range: $11.68 to $57.55
• Volume: 2.02 million shs
• Average Volume: 1.02 million shs
• Market Capitalization: $8.30 billion
• P/E Ratio: 8.48
• Dividend Yield: 4.19%
• Price Target: $48.00
• Consensus Rating: Buy

Grupo Financiero Galicia Stock Analysis - MarketRank™

Grupo Financiero Galicia scored higher than 67% of companies evaluated by MarketBeat, and ranked 467th out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Grupo Financiero Galicia has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Grupo Financiero Galicia has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -22.40%

Earnings Growth

Earnings for Grupo Financiero Galicia are expected to decrease by -22.40% in the coming year, from $8.17 to $6.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Grupo Financiero Galicia is 8.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.83.

Price to Earnings Ratio vs. Sector

The P/E ratio of Grupo Financiero Galicia is 8.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.75.

Price to Book Value per Share Ratio

Grupo Financiero Galicia has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.92% of the float of Grupo Financiero Galicia has been sold short.

Short Interest Ratio / Days to Cover

Grupo Financiero Galicia has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Grupo Financiero Galicia has recently decreased by 8.18%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

Grupo Financiero Galicia is a leading dividend payer. It pays a dividend yield of 4.30%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Grupo Financiero Galicia does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Grupo Financiero Galicia is 35.54%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Grupo Financiero Galicia will have a dividend payout ratio of 37.22% next year. This indicates that Grupo Financiero Galicia will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.92% of the float of Grupo Financiero Galicia has been sold short.

Short Interest Ratio / Days to Cover

Grupo Financiero Galicia has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Grupo Financiero Galicia has recently decreased by 8.18%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.96

News Sentiment

Grupo Financiero Galicia has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Grupo Financiero Galicia this week, compared to 1 article on an average week.

Search Interest

7 people have searched for GGAL on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Grupo Financiero Galicia to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: N/A
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Grupo Financiero Galicia insiders have not sold or bought any company stock.

GGAL Stock Analysis - Frequently Asked Questions

How have GGAL shares performed this year?

Grupo Financiero Galicia's stock was trading at $17.27 at the start of the year. Since then, GGAL shares have increased by 225.9% and is now trading at $56.29.
View the best growth stocks for 2024 here.

How were Grupo Financiero Galicia's earnings last quarter?

Grupo Financiero Galicia S.A. (NASDAQ:GGAL) issued its quarterly earnings data on Monday, November, 30th. The bank reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by $0.09. The bank had revenue of $450.84 million for the quarter, compared to analysts' expectations of $408.10 million.

Who are Grupo Financiero Galicia's major shareholders?

Top institutional shareholders of Grupo Financiero Galicia include INCA Investments LLC, Jennison Associates LLC (0.83%), BNP Paribas Financial Markets and PointState Capital LP.

How do I buy shares of Grupo Financiero Galicia?

Shares of GGAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Grupo Financiero Galicia own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Grupo Financiero Galicia investors own include Pampa Energía (PAM), Broadcom (AVGO), NVIDIA (NVDA), Abercrombie & Fitch (ANF), General Electric (GE), Adobe (ADBE) and Builders FirstSource (BLDR).

Company Calendar

• Last Earnings: 11/30/2020
• Ex-Dividend for 8/26 Dividend: 8/19/2024
• Dividend Payable: 8/26/2024
• Today: 11/16/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NASDAQ:GGAL
• CUSIP: N/A
• CIK: 1114700
• Web: www.gfgsa.com
• Phone: 541143437528
• Fax: 54-11-4331-9183
• Employees: 9,489
• Year Founded: 1905

Price Target and Rating

• Average Stock Price Target: $48.00
• High Stock Price Target: $54.00
• Low Stock Price Target: $36.00
• Potential Upside/Downside: -14.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 8.48
• Forward P/E Ratio: 6.89
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.01
• Quick Ratio: 1.01

Sales & Book Value

• Annual Sales: $3.35 trillion
• Price / Sales: 0.00
• Cash Flow: $4.15 per share
• Price / Cash Flow: 13.58
• Book Value: $31.79 per share
• Price / Book: 1.77

Miscellaneous

• Outstanding Shares: 147,470,000
• Free Float: N/A
• Market Cap: $8.30 billion
• Optionable: Optionable
• Beta: 1.90