Mastercard Inc (NYSE:MA) announced a quarterly dividend on Tuesday, December 3rd, RTT News reports. Investors of record on Thursday, January 9th will be paid a dividend of 0.40 per share by the credit services provider on Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a yield of 0.56%. This is a boost from Mastercard’s previous quarterly dividend of $0.33.
Mastercard stock opened at $287.09 on Wednesday. The company has a market capitalization of $294.82 billion, a P/E ratio of 44.24, a PEG ratio of 2.38 and a beta of 1.04. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.39 and a current ratio of 1.39. Mastercard has a fifty-two week low of $171.89 and a fifty-two week high of $293.69. The stock has a 50-day simple moving average of $278.35 and a 200-day simple moving average of $272.07.
Mastercard (NYSE:MA) last released its quarterly earnings results on Tuesday, October 29th. The credit services provider reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.14. Mastercard had a return on equity of 146.92% and a net margin of 42.50%. The firm had revenue of $4.47 billion for the quarter, compared to the consensus estimate of $4.41 billion. During the same quarter last year, the business posted $1.78 EPS. The firm’s quarterly revenue was up 14.6% compared to the same quarter last year. As a group, analysts forecast that Mastercard will post 7.69 earnings per share for the current year.
MA has been the topic of a number of research reports. ValuEngine lowered shares of Mastercard from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. SunTrust Banks upped their price target on shares of Mastercard from $310.00 to $325.00 and gave the company a “buy” rating in a research report on Friday, September 13th. Guggenheim set a $305.00 price target on shares of Mastercard and gave the company a “buy” rating in a research report on Friday, November 1st. Morgan Stanley increased their price target on shares of Mastercard from $291.00 to $315.00 and gave the stock an “overweight” rating in a research note on Monday, September 16th. Finally, BMO Capital Markets raised their price objective on shares of Mastercard to $348.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the company. Mastercard currently has an average rating of “Buy” and a consensus price target of $303.32.
Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services.
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