Membership Collective Group, Inc. (MCG)

NYSE: MCG · IEX Real-Time Price · USD
7.46
-0.07 (-0.93%)
Aug 15, 2022 4:00 PM EDT - Market closed
-0.93%
Market Cap 1.50B
Revenue (ttm) 560.55M
Net Income (ttm) -265.40M
Shares Out 201.53M
EPS (ttm) -1.56
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 907,373
Open 7.48
Previous Close 7.53
Day's Range 7.35 - 7.71
52-Week Range 5.71 - 14.87
Beta n/a
Analysts Buy
Price Target 14.66 (+96.5%)
Earnings Date Aug 17, 2022

About MCG

Membership Collective Group Inc. operates a global membership platform of physical and digital spaces that connects members worldwide. The company's members use the MCG platform to work and socialize, connect, create, and have fun. As of January 2, 2022, it served approximately 155,800 members through a portfolio of 33 Soho Houses, 9 Soho Works clubs, The Ned in London, Soho Home, and Scorpios Beach Club in Mykonos, as well as digital channels. The company was founded in 1995 and is headquartered in New York, New York. [Read more...]

Industry Lodging
IPO Date Jul 15, 2021
Employees 6,353
Stock Exchange NYSE
Ticker Symbol MCG
Full Company Profile

Financial Performance

In 2021, MCG's revenue was $560.55 million, an increase of 45.83% compared to the previous year's $384.38 million. Losses were -$265.40 million, 16.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for MCG stock is "Buy." The 12-month stock price forecast is 14.66, which is an increase of 96.51% from the latest price.

Price Target
$14.66
(96.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Membership Collective Group to Announce Second Quarter 2022 Results on August 17

LONDON--(BUSINESS WIRE)--Membership Collective Group Inc. (“MCG”), (NYSE: MCG) - the global membership platform comprised of Soho House, Soho Home, Soho Works, Scorpios Beach Club, The Ned, The LINE and...

Membership Collective Group Expands The Ned to North America

NEW YORK--(BUSINESS WIRE)---- $MCG #MCG--Today, Membership Collective Group (NYSE: MCG) opened its doors to The Ned NoMad in New York City, its second property for The Ned members club and hotel and its...

5 High-Performing Stocks Ron Baron and Daniel Loeb Both Own

According to the All-in-One Screener, a Premium feature of GuruFocus, five stocks that Ron Baron (Trades, Portfolio) and Daniel Loeb (Trades, Portfolio) both agree on and have outperformed the Standard ...

Other symbols: DHRIACCTDGUNH

Membership Collective Group to Participate in 42nd Annual William Blair Growth Stock Conference

NEW YORK--(BUSINESS WIRE)--MEMBERSHIP COLLECTIVE GROUP TO PARTICIPATE IN 42ND ANNUAL WILLIAM BLAIR GROWTH STOCK CONFERENCE

Membership Collective Group to Participate in Goldman Sachs Travel and Leisure Conference

NEW YORK--(BUSINESS WIRE)--Membership Collective Group to Participate in Goldman Sachs Travel and Leisure Conference

Membership Collective Group Accelerates Rollout of Its Retail Business With New Soho.Home.Studios in LA and London

NEW YORK--(BUSINESS WIRE)---- $MCG #MCG--MEMBERSHIP COLLECTIVE GROUP ACCELERATES ROLLOUT OF ITS RETAIL BUSINESS WITH NEW SOHO.HOME.STUDIOS IN LA AND LONDON

Membership Collective Group Appoints Thomas Allen as Chief Financial Officer

NEW YORK, NY--(BUSINESS WIRE)---- $MCG #MCG--Membership Collective Group, the parent company of Soho House, announces Thomas Allen as incoming CFO.

Membership Collective Group Announces First Quarter 2022 Results; Introduces Fiscal 2022 Guidance

LONDON--(BUSINESS WIRE)--Membership Collective Group, Parent Company of Soho House, Announces First Quarter 2022 Results; Introduces Fiscal 2022 Guidance

Membership Collective Group to Open its First Soho House in Scandinavia

LONDON--(BUSINESS WIRE)--Membership Collective Group Inc. (‘'MCG''), (NYSE: MCG) expands its growing portfolio of membership clubs, announcing its first Soho House in Scandinavia. Soho House Copenhagen ...

Membership Collective Group to Announce First Quarter 2022 Results

LONDON--(BUSINESS WIRE)--The Membership Collective Group Inc. (“MCG”), (NYSE: MCG) - the global membership platform comprised of Soho House, Soho Home, Soho Works, Scorpios Beach Club, The Ned and The L...

Membership Collective Group Stock Repurchase

LONDON--(BUSINESS WIRE)---- $MCG--Membership Collective Group today announced that its board of directors and a relevant sub-committee thereof authorized a stock repurchase program.

Membership Collective Group: Chief Financial Officer Notification

LONDON--(BUSINESS WIRE)---- $MCG--Membership Collective Group: Chief Financial Officer Notification

Membership Collective Group Announces Fiscal Year and Fourth Quarter 2021 Results and Provides Business Update

LONDON--(BUSINESS WIRE)---- $MCG #earnings--Membership Collective Group Announces Fiscal Year and Fourth Quarter 2021 Results and Provides Business Update

Membership Collective Group to Open Two New Soho House Locations and Expand Restaurants Portfolio

NEW YORK--(BUSINESS WIRE)---- $MCG--Membership Collective Group (MCG) To open two new Soho House locations and expand restaurants portfolio.

Membership Collective Group to Announce Full Year and Fourth Quarter 2021 Results March 16, 2022

LONDON--(BUSINESS WIRE)---- $MCG #earnings--Membership Collective Group (NYSE: MCG), parent company of Soho House, will release its full-year and fourth-quarter 2021 results on March 16, 2022.

Membership Collective Group Announces Third Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)--Membership Collective Group, parent company of Soho House releases Q3 results

Membership Collective Group Inc. to Announce Third Quarter 2021 Results November 17, 2021

LONDON--(BUSINESS WIRE)---- $MCG #earnings--The Membership Collective Group Inc. (“MCG”), (NYSE: MCG) – the global membership platform comprised of Soho House, Soho Works, The Ned, Scorpios Beach Club, ...

Membership Collective Group Announces Second Quarter 2021 Results

LONDON--(BUSINESS WIRE)--Membership Collective Group Inc. (“MCG”), (NYSE: MCG) today reported results for its Second Quarter ending July 4 2021. Significant progress against MCG growth strategy; robust ...

Membership Collective Group Inc. to Announce Second Quarter 2021 Results August 26

LONDON--(BUSINESS WIRE)--The Membership Collective Group Inc. (“MCG”), (NYSE: MCG) - the global membership platform comprised of Soho House, Soho Works, The Ned, Scorpios Beach Club and Soho Home - will...

UK Soho House IPO Falls Short On Market Debut

The London-based members-only Soho House fell short of its debut on the New York Stock Exchange (NYSE) under the ticker MCG following an initial public offering (IPO) priced at the lower end of the mark...

From Soho to Wall Street: Membership Collective shares fall in debut

Shares of Soho House private members club fell 6% in their New York Stock Exchange debut on Thursday, giving the company formally known as Membership Collective Group a market valuation of about $2.6 bi...

Three IPOs hit the New York Stock Exchange on Thursday—Here's what to know

CNBC's Bob Pisani reports on the market action after the opening bell.

Other symbols: FXLVPECO

Soho House CEO on bringing the members-only club public

Nick Jones, Founder and CEO of the global membership-only club Soho House, joins Worldwide Exchange ahead of the company's IPO to discuss the reasons behind joining the public markets.

Membership Collective Group INC. Announces Pricing of Initial Public Offering

LONDON--(BUSINESS WIRE)--Membership Collective Group (“MCG”), a global membership platform comprised of Soho House, Soho Works, The Ned, Scorpios Beach Club and Soho Home, and related digital platforms,...