Weekly Research Analysts’ Ratings Updates for Mastercard (MA)

Several analysts have recently updated their ratings and price targets for Mastercard (NYSE: MA):

• 12/19/2024 – Mastercard had its price target lowered by analysts at Oppenheimer Holdings Inc. from $591.00 to $588.00. They now have an “outperform” rating on the stock.
• 12/18/2024 – Mastercard had its price target raised by analysts at Morgan Stanley from $564.00 to $654.00. They now have an “overweight” rating on the stock.
• 12/9/2024 – Mastercard had its price target raised by analysts at Keefe, Bruyette & Woods from $580.00 to $618.00. They now have an “outperform” rating on the stock.
• 12/9/2024 – Mastercard had its price target raised by analysts at Jefferies Financial Group Inc. from $590.00 to $610.00. They now have a “buy” rating on the stock.
• 11/25/2024 – Mastercard had its “outperform” rating reaffirmed by analysts at William Blair.
• 11/15/2024 – Mastercard had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $575.00 price target on the stock, up previously from $565.00.
• 11/15/2024 – Mastercard had its price target raised by analysts at TD Cowen from $533.00 to $567.00. They now have a “buy” rating on the stock.
• 11/14/2024 – Mastercard had its price target raised by analysts at Morgan Stanley from $544.00 to $564.00. They now have an “overweight” rating on the stock.
• 11/14/2024 – Mastercard had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $572.00 price target on the stock.
• 11/14/2024 – Mastercard had its price target raised by analysts at BMO Capital Markets from $550.00 to $565.00. They now have an “outperform” rating on the stock.
• 11/14/2024 – Mastercard had its price target raised by analysts at UBS Group AG from $590.00 to $610.00. They now have a “buy” rating on the stock.
• 11/4/2024 – Mastercard had its price target raised by analysts at Morgan Stanley from $540.00 to $544.00. They now have an “overweight” rating on the stock.
• 11/4/2024 – Mastercard had its price target raised by analysts at Citigroup Inc. from $566.00 to $572.00. They now have a “buy” rating on the stock.
• 11/1/2024 – Mastercard had its price target raised by analysts at Susquehanna from $540.00 to $605.00. They now have a “positive” rating on the stock.
• 11/1/2024 – Mastercard had its price target lowered by analysts at JPMorgan Chase & Co. from $593.00 to $580.00. They now have an “overweight” rating on the stock.
• 11/1/2024 – Mastercard had its price target raised by analysts at KeyCorp from $515.00 to $580.00. They now have an “overweight” rating on the stock.
• 11/1/2024 – Mastercard had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $565.00 price target on the stock, up previously from $536.00.
• 11/1/2024 – Mastercard had its price target raised by analysts at Macquarie from $505.00 to $565.00. They now have an “outperform” rating on the stock.
• 11/1/2024 – Mastercard had its price target raised by analysts at Mizuho from $496.00 to $532.00. They now have an “outperform” rating on the stock.
• 11/1/2024 – Mastercard had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $510.00 to $580.00. They now have a “buy” rating on the stock.

Mastercard Trading Up 0.9 %

Shares of MA stock opened at $528.03 on Monday. The stock has a market capitalization of $484.64 billion, a P/E ratio of 39.94, a price-to-earnings-growth ratio of 2.38 and a beta of 1.10. Mastercard Incorporated has a fifty-two week low of $416.53 and a fifty-two week high of $537.13. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.29 and a current ratio of 1.29. The company has a 50 day moving average price of $520.12 and a 200 day moving average price of $484.29.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, October 31st. The credit services provider reported $3.89 EPS 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 business had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.27 billion. During the same period in the previous year, the company posted $3.39 earnings per share. The business’s revenue for the quarter was up 12.8% on a year-over-year basis. Equities research analysts predict that Mastercard Incorporated will post 14.47 EPS for the current fiscal year.

Mastercard Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Investors of record on Thursday, January 9th will be given a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.58%. This is an increase from Mastercard’s previous quarterly dividend of $0.66. The ex-dividend date of this dividend is Thursday, January 9th. Mastercard’s dividend payout ratio (DPR) is 23.00%.

Hedge Funds Weigh In On Mastercard

Hedge funds have recently made changes to their positions in the company. State Street Corp boosted its holdings in shares of Mastercard by 0.7% in the third quarter. State Street Corp now owns 35,288,912 shares of the credit services provider’s stock valued at $17,425,665,000 after acquiring an additional 257,312 shares during the period. FMR LLC boosted its stake in Mastercard by 3.4% during the 3rd quarter. FMR LLC now owns 21,355,081 shares of the credit services provider’s stock worth $10,545,139,000 after purchasing an additional 700,769 shares during the period. Geode Capital Management LLC grew its position in Mastercard by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 18,375,053 shares of the credit services provider’s stock worth $9,043,972,000 after purchasing an additional 453,773 shares during the last quarter. International Assets Investment Management LLC increased its stake in Mastercard by 120,665.3% in the third quarter. International Assets Investment Management LLC now owns 8,041,758 shares of the credit services provider’s stock valued at $3,971,020,000 after purchasing an additional 8,035,099 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of Mastercard by 4.2% in the third quarter. Franklin Resources Inc. now owns 7,501,814 shares of the credit services provider’s stock valued at $3,800,836,000 after buying an additional 304,293 shares during the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.

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.