Wall Street analysts expect Mastercard Inc (NYSE:MA) to announce earnings of $1.52 per share for the current quarter, Zacks Investment Research reports. Eleven analysts have issued estimates for Mastercard’s earnings, with the highest EPS estimate coming in at $1.62 and the lowest estimate coming in at $1.41. Mastercard posted earnings per share of $1.14 in the same quarter last year, which would indicate a positive year-over-year growth rate of 33.3%. The company is scheduled to issue its next earnings report on Thursday, February 7th.

On average, analysts expect that Mastercard will report full-year earnings of $6.43 per share for the current financial year, with EPS estimates ranging from $6.28 to $6.56. For the next fiscal year, analysts anticipate that the company will post earnings of $7.53 per share, with EPS estimates ranging from $7.19 to $7.70. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Mastercard.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Tuesday, October 30th. The credit services provider reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.68 by $0.10. Mastercard had a net margin of 35.88% and a return on equity of 114.58%. The business had revenue of $3.90 billion during the quarter, compared to analyst estimates of $3.86 billion. During the same quarter in the previous year, the business posted $1.34 earnings per share. The company’s revenue was up 14.7% on a year-over-year basis.

MA has been the subject of several research analyst reports. Goldman Sachs Group raised shares of Mastercard from a “buy” rating to a “conviction-buy” rating in a research report on Monday, September 17th. Zacks Investment Research lowered shares of Mastercard from a “buy” rating to a “hold” rating in a research report on Wednesday, November 14th. Loop Capital set a $232.00 price target on shares of Mastercard and gave the stock a “buy” rating in a research report on Wednesday, October 31st. JPMorgan Chase & Co. upped their price target on shares of Mastercard from $202.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, July 27th. Finally, SunTrust Banks upped their price target on shares of Mastercard to $240.00 and gave the stock a “buy” rating in a research report on Friday, July 27th. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and two have assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $220.82.

MA stock traded down $9.76 on Monday, hitting $189.28. 4,486,900 shares of the company were exchanged, compared to its average volume of 3,774,315. Mastercard has a twelve month low of $140.61 and a twelve month high of $225.35. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.55 and a current ratio of 1.55. The firm has a market capitalization of $205.57 billion, a price-to-earnings ratio of 41.33, a price-to-earnings-growth ratio of 1.71 and a beta of 1.22.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 9th. Shareholders of record on Tuesday, October 9th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, October 5th. This represents a $1.00 annualized dividend and a yield of 0.53%. Mastercard’s dividend payout ratio is currently 21.83%.

In other Mastercard news, Director Richard K. Davis acquired 2,475 shares of the firm’s stock in a transaction on Friday, November 2nd. The stock was bought at an average cost of $196.37 per share, for a total transaction of $486,015.75. Following the completion of the purchase, the director now directly owns 3,468 shares in the company, valued at $681,011.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.32% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MA. Vestor Capital LLC raised its holdings in Mastercard by 9.9% in the third quarter. Vestor Capital LLC now owns 47,279 shares of the credit services provider’s stock valued at $10,525,000 after acquiring an additional 4,250 shares in the last quarter. Northwest Quadrant Wealth Management LLC acquired a new stake in Mastercard in the third quarter valued at $456,000. B. Riley Wealth Management Inc. acquired a new stake in Mastercard in the third quarter valued at $208,000. Nordea Investment Management AB raised its holdings in Mastercard by 5.7% in the third quarter. Nordea Investment Management AB now owns 1,491,878 shares of the credit services provider’s stock valued at $332,105,000 after acquiring an additional 80,564 shares in the last quarter. Finally, Kentucky Retirement Systems acquired a new stake in Mastercard in the third quarter valued at $7,141,000. Institutional investors own 74.52% of the company’s stock.

Mastercard Company Profile

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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Earnings History and Estimates for Mastercard (NYSE:MA)

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