MA - Mastercard Incorporated

NYSE - NYSE Delayed price. Currency in USD
280.86
+0.08 (+0.03%)
At close: 4:00PM EST

280.86 0.00 (0.00%)
After hours: 4:40PM EST

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Previous close280.78
Open280.00
Bid280.30 x 1200
Ask281.50 x 800
Day's range278.40 - 281.77
52-week range171.89 - 293.69
Volume2,541,807
Avg. volume3,423,321
Market cap283.348B
Beta (3Y monthly)1.04
PE ratio (TTM)41.77
EPS (TTM)6.72
Earnings date29 Jan 2020 - 3 Feb 2020
Forward dividend & yield1.32 (0.47%)
Ex-dividend date2019-10-08
1y target est312.71
  • Mastercard Launches ‘Fintech Express’ in Asia Pacific
    Bloomberg

    Mastercard Launches ‘Fintech Express’ in Asia Pacific

    Nov.11 -- Ari Sarker, co-president for Asia-Pacific at Mastercard, discusses the launch of their “Fintech Express” platform in Asia-Pacific, how the platform works, their business strategy, blockchain technology, their pullback from Libra and his outlook for the company. He speaks on “Bloomberg Markets: Asia” from the sidelines of the Singapore FinTech Festival in Singapore. (Corrects spelling of company's name in headline and description. The clip was originally published on Nov. 11)

  • Is Mastercard (MA) Stock Outpacing Its Business Services Peers This Year?
    Zacks

    Is Mastercard (MA) Stock Outpacing Its Business Services Peers This Year?

    Is (MA) Outperforming Other Business Services Stocks This Year?

  • The Zacks Analyst Blog Highlights: Global Payments, Mastercard, Fiserv and PaySign
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    The Zacks Analyst Blog Highlights: Global Payments, Mastercard, Fiserv and PaySign

    The Zacks Analyst Blog Highlights: Global Payments, Mastercard, Fiserv and PaySign

  • Global Payments Hits 52-Week High: Is Further Upside Left?
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    Global Payments Hits 52-Week High: Is Further Upside Left?

    Global Payments (GPN) benefits from strong operating performance and recently-inked deals and partnerships.

  • Here's Why Investors Should Hold on to Rollins (ROL) Stock
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    Here's Why Investors Should Hold on to Rollins (ROL) Stock

    A balanced approach to organic and inorganic growth keeps Rollins' (ROL) top line in good shape.

  • Accenture's Sutter Mills Buyout Boosts Interactive Suite
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    Accenture's Sutter Mills Buyout Boosts Interactive Suite

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  • Low-Volatility and Quality ETFs: What Investors Need to Know
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    Low-Volatility and Quality ETFs: What Investors Need to Know

    We discuss why investors have been rushing into low-volatility and quality funds this year.

  • Here's Why You Should Retain WEX Stock in Your Portfolio
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    Here's Why You Should Retain WEX Stock in Your Portfolio

    WEX's top line continues to benefit from organic growth and strategic acquisitions.

  • 4 Payment Stocks to Ride on the Upcoming Holiday Sales Season
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    4 Payment Stocks to Ride on the Upcoming Holiday Sales Season

    Online sales uptick in the upcoming holiday season is likely to aid players across the payment processing industry.

  • Here's Why You Should Retain Omnicom (OMC) in Your Portfolio
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    Here's Why You Should Retain Omnicom (OMC) in Your Portfolio

    Omnicom's (OMC) bottom line is benefiting from operating efficiency initiatives.

  • Here's Why You Should Add Envestnet (ENV) to Your Portfolio
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    Here's Why You Should Add Envestnet (ENV) to Your Portfolio

    Envestnet's (ENV) third-quarter 2019 earnings and revenues increase year over year.

  • Here's Why You Should Hold Verisk Stock in Your Portfolio
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    Here's Why You Should Hold Verisk Stock in Your Portfolio

    Verisk's (VRSK) bottom line is benefiting from organic growth and contributions from acquisitions.

  • Genpact (G) Surpasses Q3 Earnings and Revenue Estimates
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    Genpact (G) Surpasses Q3 Earnings and Revenue Estimates

    Genpact's (G) third-quarter 2019 earnings and revenues increase year over year.

  • S&P Global (SPGI) Stock Rises 50.1% Year to Date: Here's Why
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    S&P Global (SPGI) Stock Rises 50.1% Year to Date: Here's Why

    Increasing demand for business information services and an encouraging 2019 adjusted earnings guidance are driving S&P Global (SPGI) stock.

  • Why Is Green Dot (GDOT) Down 17% Since Last Earnings Report?
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    Why Is Green Dot (GDOT) Down 17% Since Last Earnings Report?

    Green Dot's (GDOT) third-quarter 2019 earnings decline year over year.

  • The Zacks Analyst Blog Highlights: Global Payments, Mastercard, Fiserv and FleetCor
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    The Zacks Analyst Blog Highlights: Global Payments, Mastercard, Fiserv and FleetCor

    The Zacks Analyst Blog Highlights: Global Payments, Mastercard, Fiserv and FleetCor

  • Tencent Should Be Split Up
    Bloomberg

    Tencent Should Be Split Up

    (Bloomberg Opinion) -- China’s most ubiquitous company is hiding one of its most valuable assets. That needs to change.Tencent Holdings Ltd., best known for the WeChat messenger that almost everyone in the country uses, has a growing fintech business. But it’s getting overshadowed by the games and social media divisions. By spinning it off into a new company, with a move to a separate listing, management could unlock as much as $230 billion in value. That would make the entity China’s fourth-largest listed company and the world’s sixth-biggest financial services firm.Such a move could help Tencent retake some of the limelight that it’s about to share with Alibaba Group Holding Ltd. once that company lists in Hong Kong. Alibaba’s fintech unit, Ant Financial Services Group, already functions as a separate business with the e-commerce giant holding a 33% stake. At Tencent, fintech and business services accounted for 26% of revenue last quarter. The Shenzhen-based company is due to report third-quarter earnings late Wednesday.I estimate that revenue from Tencent’s fintech business grew in excess of 70% last year.(1)  The vast majority of that was payments. Yet Tencent also offers other products such as wealth management and has a 30% stake in WeBank, China’s first online-only bank, which was founded five years ago. Data on its fintech profits are hard to ascertain, yet information disclosed by Alibaba shows that Ant Financial was unprofitable last year, so Tencent could be in a similar boat. That’s not necessarily a bad thing. The two rivals are startups in the classic sense, using fast revenue growth driven by marketing and incentives to gain ground fast. A major reason why both have lost money in recent years is due to low take rates, the commissions received from processing payments, because they’ve offered discounts to consumers and merchants. A turnaround could be near, Sanford C Bernstein senior analyst David Dai wrote in a recent series on China’s fintech sector. He estimates that a maturing market will ease cut-throat competition and allow both companies to take a greater share of the money that sloshes through their payments platforms.As a result, Tencent’s payment business (TenPay) alone could be worth $137 billion, compared to $127 billion for Ant’s AliPay, the Bernstein team figures. HSBC Holdings Plc uses two methodologies(2) to come up with an estimated value of around $128 billion. Throw in the other products, and Bernstein calculates a base-case valuation for Tencent’s fintech unit of $160 billion, going as high as $230 billion. This indicates that 40% to 58% of Tencent’s current market cap is locked up in this hitherto hidden division. Bernstein has a base case of $210 billion for Ant, reaching as high as $320 billion.Payments spinoffs have proven to be lucrative in the past. EBay Inc. proved it with PayPal Holdings Inc. in 2015, with the latter posting a 177% normalized return since then, outpacing the 145% rise in the S&P Data Processing sub-index which includes Visa Inc. and Mastercard Inc. PayPal also trounced both eBay (35%) and the S&P 500 (49%). Square Inc., another payments provider, has been one of the hottest stocks of the past decade, returning more than 590% since its initial public offering in 2015.A more recent example comes from India, where Walmart Inc. is reported to be spinning off payments business PhonePe from local e-commerce company Flipkart Group, which it acquired last year. That transaction could turn a $20.8 billion startup into two unicorns with a combined value of more than $30 billion. Tencent doesn’t need to rush to list this fintech unit. Appetite for mega IPOs is likely to be satiated by Alibaba’s Hong Kong listing and that of Saudi Aramco over the next few months. And there’s a long runway of big startups ready for their moment in the sun. By merely making it a separate entity, management can signal intent and allow investors to start re-rating Tencent’s stock accordingly.An offering may not even be necessary, since Tencent is already sitting on more cash than it needs. Instead, the company could distribute shares in Tencent Fintech to existing shareholders, and then directly list the stock. That’s similar to the approach advocated by activist investor Dan Loeb for a Sony Corp. split.Tencent is sitting on a bright light in this fintech unit. Time to let it shine.(Updates to include reference to third-quarter earnings schedule in third paragraph.)(1) The "others" category includes fintech, cloud, film & TV. Tencent noted that fintech is the major component and gave a figure for cloudbut not content.(2) HSBC Approach 1: valuation per user. Approach 2: Using Tencent operating margins applied to its payments business, then comparing to peers.To contact the author of this story: Tim Culpan at tculpan1@bloomberg.netTo contact the editor responsible for this story: Patrick McDowell at pmcdowell10@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • The Zacks Analyst Blog Highlights: Mastercard, UnitedHealth, Merck, Qualcomm and CVS Health
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    The Zacks Analyst Blog Highlights: Mastercard, UnitedHealth, Merck, Qualcomm and CVS Health

    The Zacks Analyst Blog Highlights: Mastercard, UnitedHealth, Merck, Qualcomm and CVS Health

  • Why Booz Allen (BAH) Is Down 3.3% Since Last Earnings Report
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    Why Booz Allen (BAH) Is Down 3.3% Since Last Earnings Report

    Booz Allen's (BAH) second-quarter fiscal 2020 earnings and revenues increase year over year.

  • Play These 4 Stocks to Gain From the Fintech Boom
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    Play These 4 Stocks to Gain From the Fintech Boom

    Fintech has been a promising space with high growth. Here are four stocks that can boost your portfolio.

  • Mastercard Partners Tappy to Enable Payment Via Wearables
    Zacks

    Mastercard Partners Tappy to Enable Payment Via Wearables

    Mastercard (MA) partners with Tappy Technologies to provide payment services via fashion accessories.

  • Top Analyst Reports for Mastercard, UnitedHealth & Merck
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    Top Analyst Reports for Mastercard, UnitedHealth & Merck

    Top Analyst Reports for Mastercard, UnitedHealth & Merck

  • ICF International (ICFI) Beats on Q3 Earnings and Revenues
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    ICF International (ICFI) Beats on Q3 Earnings and Revenues

    ICF International's (ICFI) third-quarter 2019 earnings and revenues increase year over year.

  • Insperity (NSP) Q3 Earnings Lag, Revenues Beat, View Down
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    Insperity (NSP) Q3 Earnings Lag, Revenues Beat, View Down

    Insperity's (NSP) third-quarter 2019 revenues reflect an increase in average number of worksite employees paid per month.

  • Fiserv (FISV) Lags Q3 Earnings & Revenue Estimates, Ups View
    Zacks

    Fiserv (FISV) Lags Q3 Earnings & Revenue Estimates, Ups View

    Fiserv (FISV) third-quarter 2019 earnings and revenues improve year over year.