Mastercard (MA) to Release Earnings on Thursday

Mastercard (NYSE:MAGet Free Report) is expected to post its quarterly earnings results before the market opens on Thursday, January 30th. Analysts expect Mastercard to post earnings of $3.71 per share and revenue of $7,385,626.37 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Mastercard (NYSE:MAGet Free Report) last announced its quarterly earnings results on Thursday, October 31st. The credit services provider reported $3.89 earnings per share for the quarter, topping analysts’ consensus estimates of $3.73 by $0.16. Mastercard had a return on equity of 178.27% and a net margin of 45.26%. The firm had revenue of $7.37 billion for the quarter, compared to the consensus estimate of $7.27 billion. During the same quarter in the previous year, the business earned $3.39 earnings per share. The business’s revenue was up 12.8% compared to the same quarter last year. On average, analysts expect Mastercard to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Mastercard Stock Performance

MA opened at $547.53 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 2.36. The stock has a market cap of $502.53 billion, a price-to-earnings ratio of 41.42, a PEG ratio of 2.10 and a beta of 1.10. Mastercard has a 12-month low of $428.86 and a 12-month high of $547.99. The business has a 50 day moving average of $524.77 and a 200-day moving average of $497.91.

Mastercard Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 9th will be given a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 0.56%. This is a boost from Mastercard’s previous quarterly dividend of $0.66. The ex-dividend date is Friday, January 10th. Mastercard’s payout ratio is 23.00%.

Mastercard declared that its Board of Directors has authorized a stock buyback plan on Tuesday, December 17th that authorizes the company to repurchase $12.00 billion in outstanding shares. This repurchase authorization authorizes the credit services provider to purchase up to 2.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on MA. JPMorgan Chase & Co. reduced their target price on shares of Mastercard from $593.00 to $580.00 and set an “overweight” rating for the company in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on Mastercard from $510.00 to $580.00 and gave the stock a “buy” rating in a report on Friday, November 1st. KeyCorp lifted their price target on Mastercard from $515.00 to $580.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Keefe, Bruyette & Woods upped their price objective on Mastercard from $580.00 to $618.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Finally, UBS Group boosted their target price on shares of Mastercard from $590.00 to $610.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Four investment analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $567.29.

View Our Latest Stock Analysis on MA

About Mastercard

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Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.

See Also

Earnings History for Mastercard (NYSE:MA)

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