Grupo Supervielle (SUPV) to Release Quarterly Earnings on Monday

Grupo Supervielle (NYSE:SUPVGet Rating) is scheduled to release its earnings data after the market closes on Monday, May 16th. Analysts expect Grupo Supervielle to post earnings of $0.02 per share for the quarter.

Grupo Supervielle (NYSE:SUPVGet Rating) last posted its quarterly earnings data on Wednesday, March 2nd. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.10). Grupo Supervielle had a negative net margin of 0.77% and a negative return on equity of 1.71%. The company had revenue of $142.63 million for the quarter, compared to analyst estimates of $158.82 million. On average, analysts expect Grupo Supervielle to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NYSE SUPV traded up $0.06 on Friday, reaching $1.72. 367,909 shares of the company traded hands, compared to its average volume of 344,557. Grupo Supervielle has a fifty-two week low of $1.59 and a fifty-two week high of $2.89. The company has a 50 day moving average of $1.89 and a 200 day moving average of $1.95. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $157.10 million, a PE ratio of -17.20 and a beta of 1.40.

The firm also recently announced an annual dividend, which will be paid on Tuesday, May 24th. Investors of record on Monday, May 16th will be given a dividend of $0.0154 per share. This represents a yield of 1.8%. The ex-dividend date of this dividend is Friday, May 13th. Grupo Supervielle’s dividend payout ratio (DPR) is presently -10.00%.

A number of research firms recently issued reports on SUPV. Zacks Investment Research raised shares of Grupo Supervielle from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 14th. JPMorgan Chase & Co. downgraded shares of Grupo Supervielle from a “neutral” rating to an “underweight” rating in a research report on Thursday, January 20th. Finally, StockNews.com began coverage on shares of Grupo Supervielle in a research report on Thursday, March 31st. They set a “hold” rating for the company.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its holdings in Grupo Supervielle by 21.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 32,474 shares of the company’s stock worth $66,000 after acquiring an additional 5,749 shares during the period. BlackRock Inc. boosted its holdings in Grupo Supervielle by 60.4% in the 4th quarter. BlackRock Inc. now owns 34,739 shares of the company’s stock worth $68,000 after acquiring an additional 13,083 shares during the period. Morgan Stanley boosted its holdings in Grupo Supervielle by 111.6% in the 1st quarter. Morgan Stanley now owns 45,473 shares of the company’s stock worth $79,000 after acquiring an additional 23,988 shares during the period. Renaissance Technologies LLC purchased a new position in shares of Grupo Supervielle during the 1st quarter valued at approximately $338,000. Finally, Millennium Management LLC purchased a new position in shares of Grupo Supervielle during the 4th quarter valued at approximately $375,000. Hedge funds and other institutional investors own 3.04% of the company’s stock.

Grupo Supervielle Company Profile (Get Rating)

Grupo Supervielle SA, a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal and Business Banking, Corporate Banking, Bank Treasury, Consumer Finance, Insurance, and Asset Management and Other Services segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit cards, debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees.

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Earnings History for Grupo Supervielle (NYSE:SUPV)

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