MA - Mastercard Incorporated
| Previous close | 339.70 |
| Open | 317.51 |
| Bid | 324.31 x 800 |
| Ask | 324.38 x 900 |
| Day's range | 313.95 - 329.32 |
| 52-week range | 215.93 - 347.25 |
| Volume | 4,580,589 |
| Avg. volume | 3,363,310 |
| Market cap | 325.59B |
| Beta (5Y monthly) | 0.98 |
| PE ratio (TTM) | 40.80 |
| EPS (TTM) | 7.94 |
| Earnings date | 27 Apr 2020 - 03 May 2020 |
| Forward dividend & yield | 1.60 (0.47%) |
| Ex-dividend date | 07 Apr 2020 |
| 1y target est | 359.44 |
- Investing.com
Mastercard Stock Falls 6%
Investing.com - Mastercard (NYSE:MA) Stock fell by 6.33% to trade at 318.18 by 09:31 (14:31 GMT) on Monday on the NYSE exchange.
- Business Wire
Mastercard to Participate in Upcoming Investor Conferences
Mastercard Incorporated (NYSE: MA) today announced its participation in the following investor conferences in the month of March:
- TechCrunch
SumUp launches Mastercard-powered 'SumUp Card' for business payments
SumUp, the London-based fintech company that enables small businesses to take card payments via its device and online, is launching its own pre-paid card in partnership with Mastercard. Dubbed "SumUp Card," the new offering will enable merchants to gain quicker to access funds collected via SumUp as it will no longer require money to be transferred out to a third-party bank account first. The idea -- and especially useful for cash-flow constrained micro-businesses -- is that the new card can be used for all business payments.
- Zacks
Mastercard Up Nearly 5% Since Q4 Earnings: What's Driving It?
Mastercard (MA) stock continues to benefit from strong fourth-quarter earnings and receipt of approval from China.
- Zacks
The Zacks Analyst Blog Highlights: Mastercard, Comcast, Honeywell International, QUALCOMM and Dominion Energy
The Zacks Analyst Blog Highlights: Mastercard, Comcast, Honeywell International, QUALCOMM and Dominion Energy
- Zacks
Earnings Season Scorecard and Analyst Reports for Mastercard, Comcast & Others
Earnings Season Scorecard and Analyst Reports for Mastercard, Comcast & Others
- Yahoo Finance
INvolve & Audeliss CEO panel breakfast
Research has repeatedly shown that businesses who aim to create an inclusive work environment by nurturing and developing diverse talent outperform businesses that do not.
- Business Wire
Mastercard and NetsUnion JV Approved to Prepare for Domestic Operations in China
Mastercard today announced it has received in-principle approval from the People’s Bank of China to begin preparations for domestic clearing in China
- Bloomberg
Mastercard Wins Approval to Join China’s $27 Trillion Market
(Bloomberg) -- Sign up for Next China, a weekly email on where the nation stands now and where it's going next.Mastercard Inc. won approval to set up a bank card clearing business in China, gaining access to a $27 trillion payments market as part of the nation’s financial opening.The announcement by the People’s Bank of China on Tuesday signals the country is moving ahead with the speedier opening of its financial system that was agreed on as part of the phase one trade deal with the U.S., even as it grapples with a virus outbreak.Mastercard and its partner, NetsUnion Clearing Corp. will need to complete preparation work within a year, the central bank said.Mastercard called the decision “encouraging,” with China being one of its most important markets. Further approval will also be needed after the preparations are over, it said in a statement.China is opening up its financial markets this year to allow foreign firms to set up fully owned operations to run insurance businesses, asset management and investment banking. Back in June 2015, it eased rules to allow foreign bank-card clearing providers to obtain licenses by setting up units or acquiring a local company, ending a monopoly by state-run China UnionPay Co.Read more on how payments firms are gaining access to the Chinese marketAs part of the trade deal, Chinese regulators said they would take no longer than 90 days to consider applications from providers of electronic-payments services such as Mastercard, Visa Inc. and American Express Co. Mastercard set up its majority-owned joint venture nearly a year ago.Mastercard and Visa have long complained that their delayed entrance into China means they’ll be pitting themselves against large domestic players in a market that has seen mobile payments explode in recent years. Mobile transactions topped 190 trillion yuan ($27 trillion) in China in 2018, making it the world’s largest such market, according to iResearch.China had 8.2 billion bank cards in circulation at the end of September, with 90% of them debit cards.American Express Co. also cleared a key hurdle in its bid to accessing China after the central bank last month accepted its application to start a bank card clearing business. A decision to accept the application signals that it’s moving closer to final approval.(Updates throughout with context)To contact Bloomberg News staff for this story: Lucille Liu in Beijing at xliu621@bloomberg.netTo contact the editors responsible for this story: Candice Zachariahs at czachariahs2@bloomberg.net, Jonas BergmanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Financial Times
Mastercard wins approval to enter Chinese payments market
Mastercard has secured Chinese government approval to enter the country’s electronic payment services market — 17 years after the sector was theoretically first opened to foreign investors. In a statement on Tuesday evening, China’s central bank and banking regulator said the US card company’s application to launch a joint venture with a local company had been approved. Securing long-delayed China market access for Mastercard, Visa and American Express was a key objective for Trump administration officials during the two countries’ “phase one” trade talks, which resulted in a preliminary trade agreement last month.
- Yahoo Finance
Oscars 2020: Lupita Nyong'o on how winning an Oscar changed her relationship with money
For actress Lupita Nyong’o, winning an Oscar for “12 Years a Slave” back in 2014 set her on a very different career path and changed her relationship with money.
- Business Wire
Mastercard Board of Directors Announces Quarterly Dividend
Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 40 cents per share.
- Investing.com
Mastercard Stock Rises 3%
Investing.com - Mastercard (NYSE:MA) Stock rose by 3.02% to trade at $325.39 by 15:35 (20:35 GMT) on Monday on the NYSE exchange.
- Simply Wall St.
Here's What Analysts Are Forecasting For Mastercard Incorporated After Its Full-Year Results
Last week, you might have seen that Mastercard Incorporated (NYSE:MA) released its full-year result to the market. The...
- Investing.com
Mastercard Stock Falls 3%
Investing.com - Mastercard (NYSE:MA) Stock fell by 3.06% to trade at $314.63 by 15:42 (20:42 GMT) on Friday on the NYSE exchange.
- Zacks
Here's Why MasterCard (MA) is a Great Momentum Stock to Buy
Does MasterCard (MA) have what it takes to be a top stock pick for momentum investors? Let's find out.
- Zacks
Mastercard a Solid Buy After Posting Stellar Q4 Earnings
Mastercard tops earnings estimates in fourth-quarter 2019 and has a promising outlook for 2020. Contactless payment and digital initiatives will boost the company's growth.
- Zacks
Mastercard (MA) Q4 Earnings Beat Estimates, Revenues Match
Mastercard's (MA) Q4 results reflect revenue gains from increase in gross dollar value and cross-border volumes, partly offset by rise in expenses.
- Bloomberg
Mastercard’s Fintech Bet Pays Off With Higher Card Spending
(Bloomberg) -- Mastercard Inc.’s new initiative to team up with more startups on credit cards is beginning to pay off.The company has been initiating card programs for fintechs including Brex Inc., Revolut Technologies Inc. and TransferWise Inc., and has unveiled programs designed to make it easier for startups to join Mastercard’s network. That helped boost customers’ spending on the firm’s cards to $1.28 trillion in the quarter, up 11% from a year earlier and in line with analysts’ estimates.“The solution that Mastercard brings is more holistic than just saying, ‘We’ll switch the transaction for you,’” Chief Financial Officer Sachin Mehra said in a telephone interview Wednesday. “We say, ‘All right, fintech ABC, what are your objectives? What are you trying to achieve? You’re trying to go cross border or you’re trying to target travelers? Here, let us help you with data analytics and fraud tools.’”Mastercard also notched several major renewals in recent months, extending its deals with Citigroup Inc. and Capital One Financial Corp. As a result, the firm has been setting aside more money to entice banks and retailers to route spending over its network. Rebates and incentives totaled $2.31 billion in the last three months of the year, up 17% from a year earlier and more than analysts expected.The company’s adjusted net revenue is likely to climb by a percentage in the “low teens” this year, while operating expenses will increase by a percentage at the “high end of high single digits,” according to a presentation Wednesday. That’s in line with analysts’ expectations.Mastercard shares rose 0.4% to $321.38 at 11:53 a.m. in New York. The firm’s shares have climbed 61% in the past year, more than the 51% gain for the 71-company S&P 500 Information Technology Index.Cardholders’ overseas spending increased 15% in the first three weeks of the year, Mehra said on a conference call, slightly slower growth than the 16% reported for the fourth quarter. The company is keeping a close eye on how the spread of the new coronavirus that originated in the Chinese city of Wuhan may impact consumer spending around the world.(Updates with CFO interview beginning in third paragraph.)To contact the reporter on this story: Jenny Surane in New York at jsurane4@bloomberg.netTo contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net, Daniel Taub, Steve DicksonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Simply Wall St.
If You Like EPS Growth Then Check Out Mastercard (NYSE:MA) Before It's Too Late
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
- Business Wire
Mastercard Incorporated Fourth-Quarter and Full-Year 2019 Financial Results Available on Company’s Website
Mastercard (NYSE: MA) today announced its financial results for its fourth quarter and full year of 2019 through a release at investor.mastercard.com.
