Mastercard Incorporated (MA)
| Market Cap | 410.18B |
| Revenue (ttm) | 25.70B |
| Net Income (ttm) | 11.85B |
| Shares Out | 922.47M |
| EPS (ttm) | 12.59 |
| PE Ratio | 35.32 |
| Forward PE | 29.24 |
| Dividend | $2.64 (0.59%) |
| Ex-Dividend Date | Jul 9, 2024 |
| Volume | 2,036,075 |
| Open | 435.00 |
| Previous Close | 437.61 |
| Day's Range | 435.00 - 444.76 |
| 52-Week Range | 359.77 - 490.00 |
| Beta | 1.09 |
| Analysts | Strong Buy |
| Price Target | 496.69 (+11.7%) |
| Earnings Date | Jul 25, 2024 |
About MA
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; ... [Read more]
Financial Performance
In 2023, Mastercard's revenue was $25.10 billion, an increase of 12.87% compared to the previous year's $22.24 billion. Earnings were $11.20 billion, an increase of 12.74%.
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for MA stock is "Strong Buy." The 12-month stock price forecast is $496.69, which is an increase of 11.70% from the latest price.
News
Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion
After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card swipe fee settlement between Visa, Mastercard...
Visa and Mastercard Have a New Rival. It's the Fed.
Several big banks have lined up to use the Fed's payment service. Could that dent Visa and Mastercard's dominant market position?
Visa, Mastercard can likely handle swipe-fee settlement bigger than $30 billion: judge
A judge who rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants said the issuers could likely handle a "substantially greater" settlement.
Judge Says Mastercard/Visa $30 Billion Settlement Is Unfair
Last week, a federal judge rejected Visa and Mastercard's $30 billion settlement with merchants. Now, new court filings provide more detail about U.S. District Judge Margo Brodie's rejection of the de...
Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says
A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the $30 billion accord she rejected this wee...
Judge rejects multibillion Visa, Mastercard settlement in swipe fee case
A federal judge on Tuesday rejected a proposed $30 billion settlement between card issuers Visa and Mastercard and merchants over swipe fees assessed on customers' transactions.
New Capital One Study Finds Consumer Spending at Downtown Richmond Small Businesses Has Grown Nearly 50% Since 2019
MCLEAN, Va.--(BUSINESS WIRE)--Capital One releases new study examining small business consumer spend volume in Richmond, Virginia.
Judge rejects Visa, Mastercard $30B settlement over controversial swipe fees
The settlement announced in March was intended to resolve most litigation that began in 2005 over so-called swipe fees, also known as interchange fees, that merchants pay to accept Visa and Mastercard...
US judge rejects Visa, Mastercard $30 bln swipe fee settlement
A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants who accept their credit and debit cards.
Saudi Arabia Buy Now Pay Later Services Market Share Analysis, Trends, Growth Forecasts 2020-2023 & 2024-2029 Featuring Tamara, Tabby, Spotti, Postpay, Telr, Mastercard, & Cashew Payments
Dublin, June 21, 2024 (GLOBE NEWSWIRE) -- The "Saudi Arabia Buy Now Pay Later Services - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029" report has been added to Res...
China asks Visa, Mastercard to cut transaction fees, Bloomberg News reports
China is pushing for Visa and Mastercard to lower their bank card transaction fees in the country, as part of an effort to facilitate payments for foreign visitors, Bloomberg News reported, citing a p...
Mastercard Announces Results of Annual Meeting of Stockholders
PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard Incorporated (NYSE:MA) announced the preliminary results of its annual meeting of stockholders, held today.
Mastercard Board of Directors Announces Quarterly Dividend
PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 66 cents per share.
IDEX Biometrics receives production order for IDEX Pay as Beautiful Card Corporation is granted Mastercard Letter of Approval
Oslo, Norway, and Taipei, Taiwan 17 June 2024 – IDEX Biometrics has received a production order from Beautiful Card Corporation (BCC), in support of bank launches in Asia. BCC has obtained the Letter ...
Visa, Mastercard $30 Billion Swipe-Fee Settlement Likely To Be Tossed
Shares of Visa (V) and Mastercard (MA) edged lower in intraday trading Friday, a day after a federal judge reportedly threw cold water on a proposed $30 billion settlement of a long-running lawsuit ch...
Visa, Mastercard $30 billion fee settlement in peril
Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord.
Mastercard CEO on inflation, consumer spending and experiential summer trends
Michael Miebach, Mastercard CEO, joins 'Closing Bell: Overtime' to discuss consumer spending, trends and experience.
Mastercard to phase out manual card entry for online payments in Europe by 2030
Starting from 2030, Mastercard will no longer require Europeans to insert their card numbers manually when checking out online — no matter what platform or device they're using. Instead of the 16-digi...
Michael Kors First to Debut Shopping Muse, the AI-Powered Shopping Assistant From Dynamic Yield by Mastercard
PURCHASE, N.Y.--(BUSINESS WIRE)-- #AI--Michael Kors and Mastercard are ushering in the future of fashion with the iconic retailer's adoption of Shopping Muse, the next-generation retail assistant from...
UK Tribunal Allows Class Action Lawsuits Against Visa, Mastercard
Visa and Mastercard are facing new lawsuits over multilateral interchange fees. The United Kingdom Competition Appeal Tribunal ruled Friday (June 7) that collective proceedings — which are similar to ...
Visa and MasterCard face new UK lawsuits over merchant fees
Global payments processors Visa and Mastercard must face a new set of lawsuits over fees charged to retailers, after a London tribunal ruled on Friday that collective cases brought on behalf of mercha...
EdVentures and Mastercard Foundation Partner to Boost Egypt's EdTech Startup Scene
CAIRO--(BUSINESS WIRE)--EdVentures and Mastercard Foundation Partner to Boost Egypt's EdTech Startup Scene.
Corpay Expands Business Card Solutions With New Corpay World Elite Business Mastercard®
ATLANTA--(BUSINESS WIRE)--The Corpay World Elite Business Mastercard is the ultimate tool for business transactions, elevating employee travel and purchasing capabilities.
Trulioo and Mastercard Partner to Streamline Onboarding for Consumers and Merchants
VANCOUVER, British Columbia--(BUSINESS WIRE)--Trulioo and Mastercard have partnered to deliver identity verification that fights fraud while streamlining onboarding for merchants and consumers.
Mastercard launches Biometric Checkout Program in Uruguay
MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Mastercard today announced the expansion of its global Biometric Checkout Program in Latin America (LAC). With partners Ingenico, Fulcrum Biometrics, Fujitsu Fron...