Q4 EPS Estimates for Mastercard Lowered by Seaport Res Ptn

Mastercard Incorporated (NYSE:MA) – Equities research analysts at Seaport Res Ptn lowered their Q4 2024 earnings estimates for shares of Mastercard in a research report issued to clients and investors on Wednesday, October 30th. Seaport Res Ptn analyst J. Cantwell now forecasts that the credit services provider will earn $3.60 per share for the quarter, down from their previous forecast of $3.73. The consensus estimate for Mastercard’s current full-year earnings is $14.35 per share. Seaport Res Ptn also issued estimates for Mastercard’s Q2 2025 earnings at $4.07 EPS, Q3 2025 earnings at $4.29 EPS, Q4 2025 earnings at $4.38 EPS, Q1 2026 earnings at $4.35 EPS, Q2 2026 earnings at $4.74 EPS, Q3 2026 earnings at $4.98 EPS and FY2026 earnings at $19.27 EPS.

Several other brokerages have also recently issued reports on MA. William Blair raised shares of Mastercard to a “strong-buy” rating in a research note on Wednesday, July 31st. Mizuho upped their price target on Mastercard from $496.00 to $532.00 and gave the company an “outperform” rating in a research report on Friday. Barclays lifted their price objective on Mastercard from $536.00 to $576.00 and gave the stock an “overweight” rating in a research report on Thursday, October 10th. Bank of America upped their target price on Mastercard from $480.00 to $509.00 and gave the company a “neutral” rating in a report on Tuesday, September 17th. Finally, TD Cowen lifted their price target on Mastercard from $532.00 to $533.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Four equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $540.17.

Mastercard Trading Down 0.5 %

Shares of MA opened at $505.58 on Monday. Mastercard has a 52-week low of $384.20 and a 52-week high of $527.90. The stock has a market cap of $467.08 billion, a PE ratio of 38.24, a price-to-earnings-growth ratio of 2.21 and a beta of 1.10. The firm’s fifty day moving average is $496.51 and its two-hundred day moving average is $467.30. The company has a quick ratio of 1.14, a current ratio of 1.29 and a debt-to-equity ratio of 2.36.

Mastercard (NYSE:MA) last released its earnings results on Thursday, October 31st. The credit services provider reported $3.89 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $7.27 billion. During the same quarter last year, the business posted $3.39 earnings per share. The business’s quarterly revenue was up 12.8% compared to the same quarter last year.

Hedge Funds Weigh In On Mastercard

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Mastercard by 0.4% in the first quarter. Vanguard Group Inc. now owns 75,584,606 shares of the credit services provider’s stock valued at $36,399,279,000 after purchasing an additional 330,872 shares during the period. Capital Research Global Investors increased its stake in Mastercard by 0.3% in the 1st quarter. Capital Research Global Investors now owns 13,651,904 shares of the credit services provider’s stock valued at $6,574,347,000 after buying an additional 43,881 shares during the period. International Assets Investment Management LLC increased its stake in Mastercard by 120,665.3% in the 3rd 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 buying an additional 8,035,099 shares during the period. Ameriprise Financial Inc. raised its position in Mastercard by 1.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,082,729 shares of the credit services provider’s stock worth $2,241,297,000 after buying an additional 71,569 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in shares of Mastercard by 2.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 4,327,168 shares of the credit services provider’s stock worth $1,908,973,000 after acquiring an additional 113,238 shares during the period. 97.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, major shareholder Foundation Mastercard sold 119,000 shares of the stock in a transaction on Friday, August 16th. The stock was sold at an average price of $468.46, for a total value of $55,746,740.00. Following the transaction, the insider now owns 92,033,308 shares of the company’s stock, valued at $43,113,923,465.68. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CMO Venkata R. Madabhushi sold 4,685 shares of Mastercard stock in a transaction on Friday, September 20th. The shares were sold at an average price of $489.86, for a total transaction of $2,294,994.10. Following the sale, the chief marketing officer now directly owns 15,031 shares in the company, valued at $7,363,085.66. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Foundation Mastercard sold 119,000 shares of the company’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $468.46, for a total transaction of $55,746,740.00. Following the completion of the transaction, the insider now owns 92,033,308 shares of the company’s stock, valued at $43,113,923,465.68. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 327,370 shares of company stock worth $153,495,958 over the last 90 days. 0.10% of the stock is owned by insiders.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 8th. Investors of record on Wednesday, October 9th will be paid a dividend of $0.66 per share. The ex-dividend date of this dividend is Wednesday, October 9th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.52%. Mastercard’s payout ratio is 19.97%.

Mastercard Company Profile

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.