Seaport Res Ptn Has Weak Estimate for Mastercard Q4 Earnings

Mastercard Incorporated (NYSE:MA) – Investment analysts at Seaport Res Ptn cut their Q4 2024 earnings per share (EPS) estimates for shares of Mastercard in a report issued on Wednesday, October 30th. Seaport Res Ptn analyst J. Cantwell now expects that the credit services provider will post earnings of $3.60 per share for the quarter, down from their prior estimate of $3.73. The consensus estimate for Mastercard’s current full-year earnings is $14.40 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.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, October 31st. The credit services provider reported $3.89 EPS for the quarter, beating analysts’ consensus estimates of $3.73 by $0.16. The company had revenue of $7.37 billion during the quarter, compared to the consensus estimate of $7.27 billion. Mastercard had a return on equity of 178.27% and a net margin of 45.26%. Mastercard’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.39 earnings per share.

MA has been the subject of several other research reports. KeyCorp upped their target price on shares of Mastercard from $515.00 to $580.00 and gave the stock an “overweight” rating in a research report on Friday, November 1st. JPMorgan Chase & Co. cut their price target on shares of Mastercard from $593.00 to $580.00 and set an “overweight” rating for the company in a report on Friday, November 1st. Macquarie boosted their target price on shares of Mastercard from $505.00 to $565.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. Citigroup lifted their target price on Mastercard from $566.00 to $572.00 and gave the stock a “buy” rating in a report on Monday. Finally, William Blair upgraded Mastercard to a “strong-buy” rating in a report on Wednesday, July 31st. Four research analysts have rated the stock with a hold rating, twenty have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $540.17.

Mastercard Stock Performance

Shares of MA opened at $505.53 on Monday. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.29 and a current ratio of 1.29. Mastercard has a 1 year low of $384.20 and a 1 year high of $527.90. The firm has a fifty day moving average of $497.12 and a 200-day moving average of $467.65. The company has a market cap of $467.03 billion, a price-to-earnings ratio of 38.24, a price-to-earnings-growth ratio of 2.23 and a beta of 1.10.

Hedge Funds Weigh In On Mastercard

Several large investors have recently modified their holdings of MA. China Universal Asset Management Co. Ltd. lifted its position in shares of Mastercard by 46.4% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 14,785 shares of the credit services provider’s stock valued at $7,120,000 after buying an additional 4,685 shares in the last quarter. FORA Capital LLC boosted its position in Mastercard by 21.7% during the first quarter. FORA Capital LLC now owns 3,227 shares of the credit services provider’s stock valued at $1,554,000 after purchasing an additional 576 shares in the last quarter. Financial Counselors Inc. boosted its holdings in shares of Mastercard by 3.5% in the 1st quarter. Financial Counselors Inc. now owns 9,861 shares of the credit services provider’s stock valued at $4,749,000 after buying an additional 337 shares in the last quarter. Mutual Advisors LLC lifted its position in Mastercard by 18.7% during the first quarter. Mutual Advisors LLC now owns 5,647 shares of the credit services provider’s stock valued at $2,719,000 after acquiring an additional 888 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in shares of Mastercard by 14.5% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 4,274 shares of the credit services provider’s stock worth $2,058,000 after purchasing an additional 541 shares in the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Insiders Place Their Bets

In other news, CMO Venkata R. Madabhushi sold 4,685 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $493.10, for a total value of $2,310,173.50. Following the completion of the transaction, the chief marketing officer now directly owns 17,118 shares of the company’s stock, valued at $8,440,885.80. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CMO Venkata R. Madabhushi sold 4,685 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $493.10, for a total transaction of $2,310,173.50. Following the completion of the transaction, the chief marketing officer now directly owns 17,118 shares in the company, valued at $8,440,885.80. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Foundation Mastercard sold 90,000 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $468.80, for a total value of $42,192,000.00. Following the transaction, the insider now owns 91,649,308 shares in the company, valued at $42,965,195,590.40. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 327,370 shares of company stock valued at $153,495,958. Corporate insiders own 0.10% of the company’s stock.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 8th. Shareholders of record on Wednesday, October 9th will be paid a dividend of $0.66 per share. The ex-dividend date is Wednesday, October 9th. This represents a $2.64 dividend on an annualized basis and a yield of 0.52%. Mastercard’s dividend payout ratio (DPR) is presently 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.