MA - Mastercard Incorporated

NYSE - NYSE Delayed Price. Currency in USD
275.91
+2.08 (+0.76%)
At close: 4:01PM EDT
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Previous Close 273.83
Open 276.20
Bid 277.23 x 1000
Ask 276.89 x 900
Day's Range 275.12 - 280.00
52 Week Range 171.89 - 293.69
Volume 3,507,559
Avg. Volume 3,495,734
Market Cap 279.927B
Beta (3Y Monthly) 0.87
PE Ratio (TTM) 42.57
EPS (TTM) 6.48
Earnings Date Oct 29, 2019
Forward Dividend & Yield 1.32 (0.48%)
Ex-Dividend Date 2019-07-08
1y Target Est 310.50
Trade prices are not sourced from all markets
  • Financial Times

    Global regulators put pressure on Libra with enhanced scrutiny

    Facebook’s plans for a digital currency are coming under further pressure as global regulators step up their scrutiny of the troubled Libra project. In a letter to G20 finance ministers on Sunday, Randal Quarles, the head of the global Financial Stability Board, said that, with a “host of challenges” posed by global “stablecoins”, such as Libra, “possible regulatory gaps should be assessed and addressed as a matter of priority”. This, the letter said, created challenges including financial stability, consumer and investor protection, data privacy, money laundering, terrorist financing, fair competition, cyber security and tax evasion.

  • Facebook's Libra Loses Mastercard, Visa in Cascade of Exits
    Bloomberg

    Facebook's Libra Loses Mastercard, Visa in Cascade of Exits

    (Bloomberg) -- Facebook Inc.’s effort to create a cryptocurrency was dealt a blow on Friday after several key partners, including Mastercard Inc., Visa Inc., EBay Inc., Stripe Inc. and Mercado Pago, abandoned the project. The defections followed fierce criticism from global regulators and lawmakers, and have prompted some industry-watchers to question whether the Libra program can survive.The news comes days before the Libra Association, the group that will oversee the digital currency, prepares to convene its members and ask them to sign a charter agreement. The meeting is slated to take place on Monday in Geneva. A Libra Association spokeswoman said on Friday that the gathering will proceed as planned, and that it would announce the first list of official partners once a formal charter is signed.In a statement, the spokeswoman said the group was "focused on moving forward and continuing to build a strong association" as it worked to create "a safe, transparent, and consumer-friendly implementation of a global payment system that breaks down financial barriers for billions of people."When Facebook launched plans for Libra in June, a critical part of its pitch was that major players in the payments and tech industry were supporting it. The cryptocurrency would be run out of Geneva by the organizations that comprised the Libra Association, not solely by Facebook. But now that that alliance appears to be eroding, the project’s future is uncertain."I don’t think Facebook can do this by itself," said Michael Pachter, an analyst for Wedbush Securities told Bloomberg TV. "Short of a big bank stepping in like JPMorgan, I don’t think this could ever happen."In a tweet on Friday, David Marcus, the Facebook executive spearheading the effort, said that the exit of six partners would not derail the effort. "I would caution against reading the fate of Libra into this update," he wrote. "Change of this magnitude is hard. You know you’re on to something when this much pressure builds up."Whether or not Libra implodes, the exits highlight the extreme challenges that lie ahead for the project, which if successful could have a sweeping impact on the global financial system. "It may very well fail completely," said Lisa Ellis, an analyst at MoffettNathanson. Even if it survives, progress will take much longer and "it’s likely to fall into some level of obscurity," she added.Facebook has faced fierce backlash since the company announced plans for Libra. Politicians and regulators around the world have called on Facebook to halt its progress, and some have suggested Libra could be used for illegal money laundering or trafficking schemes.Despite the scrutiny from public officials and the exodus of partners, Facebook remains committed to Libra, according to a person familiar with the matter who asked not to be identified because they were not authorized to speak publicly. Some people inside the company think the defections are partly driven by established payments providers worrying about a new entrant encroaching on their turf, the person said.In the months since its announcement, Facebook has frequently found itself in the spotlight over the cryptocurrency. Marcus went to Washington in July to testify before Congress about Facebook’s plans. Later this month, Chief Executive Officer Mark Zuckerberg is scheduled to appear before the House Financial Services Committee to answer even more questions about Libra.Earlier this week, two U.S. senators cautioned Visa, Mastercard and Stripe to reconsider their involvement in the project. Senators Sherrod Brown of Ohio and Brian Schatz of Hawaii said that Libra poses a risk to not only the financial system, but the payments companies’ broader business. "We urge you to carefully consider how your companies will manage these risks before proceeding," they said a letter to the companies.Mastercard said in a statement that it will "remain focused on our strategy and our own significant efforts to enable financial inclusion around the world," adding, "We believe there are potential benefits in such initiatives and will continue to monitor the Libra effort." Visa said the company would also continue to evaluate whether to join in Libra in the future, and that the company’s "ultimate decision will be determined by a number of factors, including the Association’s ability to fully satisfy all requisite regulatory expectations."In a statement on Friday, EBay expressed its support for the project, but said it would focus on rolling out its own payments products. “We highly respect the vision of the Libra Association; however, eBay has made the decision to not move forward as a founding member,” an EBay spokesman wrote in the emailed statement. “At this time, we are focused on rolling out eBay’s managed payments experience for our customers."Payments giant Stripe, one of the most high-profile startups to sign onto the project, signaled it remained open to working on it in the future. “Stripe is supportive of projects that aim to make online commerce more accessible for people around the world. Libra has this potential,” said a company spokesperson. “We will follow its progress closely and remain open to working with the Libra Association at a later stage.”The Libra Association is composed of about two dozen organizations, including Facebook. A Lyft Inc. spokeswoman confirmed on Friday that the ride-hailing company remains a member. Other companies that have not signaled plans to leave include Uber Technologies Inc., Spotify Technology S.A., Coinbase Inc. and telecom providers Iliad SA and Vodafone Group Plc. PayPal Holdings Inc. dropped out last week. (Updates with David Marcus comment in 6th paragraph.)\--With assistance from Candy Cheng, Lizette Chapman, Spencer Soper and Lydia Beyoud.To contact the reporters on this story: Kurt Wagner in San Francisco at kwagner71@bloomberg.net;Julie Verhage in New York at jverhage2@bloomberg.net;Jenny Surane in New York at jsurane4@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Anne VanderMey, Robin AjelloFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Profile: Naz Aletaha leads global deals for Riot Games’ League of Legends
    American City Business Journals

    Profile: Naz Aletaha leads global deals for Riot Games’ League of Legends

    Naz Aletaha, who has been with Riot Games for about eight years, helped secure Mastercard in 2018 as the first global partner across all 13 regions for League of Legends esports.

  • Facebook Q3 2019 Earnings Preview: Time to Buy FB Stock?
    Zacks

    Facebook Q3 2019 Earnings Preview: Time to Buy FB Stock?

    Let's take a look at what investors need to know about Facebook and some of its Q3 estimates to help us determine if FB stock might be worth buying before the social media company reports its Q3 2019 earnings results...

  • MarketWatch

    EBay, Mastercard, Stripe will exit Facebook's Libra, following PayPal

    EBay Inc. , Mastercard Inc. , and Stripe said Friday that they were withdrawing from Facebook Inc.'s Libra cryptocurrency project, joining PayPal Holdings Inc., which announced its plan to leave a week earlier. "Mastercard has decided it will not become a member of the Libra Association at this time," the company said in a statement. "We remain focused on our strategy and our own significant efforts to enable financial inclusion around the world." Mastercard said it would continue to monitor the progress of the Libra effort. An eBay spokesperson said that while the company respects "the vision of the Libra Association," the e-commerce giant won't be continuing as a founding member. "At this time, we are focused on rolling out eBay's managed payments experience for our customers," the spokesperson said. A Stripe representative said that the company will follow Libra's progress "closely" and it remains "open" to working with Libra in the future. Facebook has declined to comment. Facebook shares are off 8.5% over the past three months, while the S&P 500 has dropped 1%.

  • Stripe, eBay, Mastercard and Visa quit Facebook's Libra
    Decrypt

    Stripe, eBay, Mastercard and Visa quit Facebook's Libra

    Libra could use a hug, but it probably just wants a payments partner.

  • Mastercard, IBD Stock Of The Day, Makes Bullish Move And Forms New Base
    Investor's Business Daily

    Mastercard, IBD Stock Of The Day, Makes Bullish Move And Forms New Base

    Mastercard stock is the IBD Stock of the Day, after reclaiming a key technical benchmark and forming a new base and buy point.

  • Facebook’s crypto project is falling apart before our eyes
    Quartz

    Facebook’s crypto project is falling apart before our eyes

    Facebook’s cryptocurrency project is crumbling, as partners abandon the initiative. Today (Oct. 11), eBay and Stripe became the latest members to leave the Libra Association, the group Facebook put together in June to pursue building its own global cryptocurrency. Libra has this potential.

  • 10 High-Quality, High-Growth Stocks to Buy
    Kiplinger

    10 High-Quality, High-Growth Stocks to Buy

    Companies with outsize growth prospects aren't hard to find. High-growth stocks that also are high on quality are another matter.Seemingly every other week, a so-called unicorn files for an initial public offering. And yet more often than not, the stocks of these red-hot companies quickly disappoint investors. There's no point in betting on companies with high growth prospects if they don't have the quality to churn out such returns year after year.When it comes to looking for high-quality companies, a good place to start is with return on equity. ROE measures how adept a company is at squeezing a return out of its net assets. It's often used as a shorthand for quality. Although ROE differs from industry to industry, a rule of thumb is that ROE should come to at least 15%.Quality stocks can't be found by applying just a single measure, however. Balance sheets, fundamental performance and cash flow are critical too. As such, we scoured the Russell 1000 Growth Index of large- and midsize companies to find stocks with returns on equity of at least 15%. Additionally, these companies had to have positive free cash flow (FCF), healthy balance sheets and long-term growth rates of at least 20%.Lastly, they had to have an average analyst score of less than 2.0 from S&P; Global Market Intelligence. Any score below 2.0 equals a Buy recommendation on the part of Wall Street, and the lower the score, the better.Here, then, are the 10 best-rated high-quality, high-growth stocks to buy. SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond

  • TheStreet.com

    Visa, Mastercard, eBay and Stripe Pull Out of Facebook's Libra

    Facebook's fledgling cryptocurrency Libra just received a slew of bad news Friday afternoon as Visa, , Mastercard , Stripe and eBay announced that they are all withdrawing from the Libra Association. The announcements come just one week after PayPal announced that it was stepping away from its involvement with Libra. This week, Senators Sherrod Brown (D-OH) and Brian Schatz (D-HI) sent letters to Stripe, Mastercard and Visa urging the companies to reconsider their involvement with the Libra Association.

  • Royal Mint launches the first debit card made from solid gold — and it costs more than $20,000
    MarketWatch

    Royal Mint launches the first debit card made from solid gold — and it costs more than $20,000

    The 18-carat card costs a whopping £18,750 ($23,440) and can be personalized for customers who “value high-quality luxury items that make a statement,” the maker of U.K. bank coins said.

  • PayPal Stock: WeChat Pay, Alipay Key To China Market Opportunity
    Investor's Business Daily

    PayPal Stock: WeChat Pay, Alipay Key To China Market Opportunity

    Look for PayPal to make further inroads into China's digital payments market despite U.S. trade friction, says one analyst, who speculates on deals with Alipay or Tencent's WeChat Pay.

  • 6 Market Leaders Fueled by Superior Revenue Growth
    Investopedia

    6 Market Leaders Fueled by Superior Revenue Growth

    As a slowing economy and trade wars cloud the outlook for U.S. companies, Goldman Sachs has compiled a list of stocks that are expected to post double-digit sales increases in 2020 despite strong macro headwinds. Excluding stocks in the financial, utilities, and real estate sectors, a mere 24 members of the S&P 500 Index (SPX) are projected to increase revenues by 10% or more 2020, per the new edition of Goldman's US Quarterly Chartbook. While the S&P 500 is up by 16.5% year-to-date through Oct. 9, 2019, six of these stocks have posted even more impressive gains: Global Payments Inc. (GPN), 56.2%, Danaher Corp. (DHR), 33.1%, Adobe Inc. (ADBE), 21.2%, Nvidia Corp. (NVDA), 35.4%, Mastercard Inc. (MA), 44.3%, and Microsoft Corp. (MSFT), 36.1%.

  • Visa With Intuit Enables Instant Cash for Small Businesses
    Zacks

    Visa With Intuit Enables Instant Cash for Small Businesses

    Visa (V) rolls out instant deposit service to facilitate cash flows for small businesses.

  • The Zacks Analyst Blog Highlights: Mastercard, Global Payments, Fiserv and EVO
    Zacks

    The Zacks Analyst Blog Highlights: Mastercard, Global Payments, Fiserv and EVO

    The Zacks Analyst Blog Highlights: Mastercard, Global Payments, Fiserv and EVO

  • Business Wire

    Mastercard Partners with Vogue on Third Annual Forces of Fashion Summit

    Mastercard today announced its partnership with Vogue for Forces of Fashion, the title’s annual event bringing fashion’s most innovative and prominent figures together. With this year’s discussions centered on the theme “Forces for the Future” and covering topics including sustainability, Mastercard is complementing the dialogue by integrating its Mastercard Provenance Solution into the on-site Vogue Shop to showcase the opportunity to drive greater consumer transparency and awareness around the products they're purchasing.

  • 7 EBITDA Growth Stocks That Can Outperform in a Volatile Market
    Investopedia

    7 EBITDA Growth Stocks That Can Outperform in a Volatile Market

    This is the second of two stories that Investopedia is devoting to a report from Goldman Sachs recommending stocks with longterm stable profit growth.

  • For once, Facebook is the underdog as Libra skepticism mounts
    Quartz

    For once, Facebook is the underdog as Libra skepticism mounts

    CEO Mark Zuckerberg will testify about Facebook's crypto aspirations before the House Financial Services Committee later this month.

  • ETFs to Invest in Mobile Payments and Drone Economy
    Zacks

    ETFs to Invest in Mobile Payments and Drone Economy

    These ETFs are posed to benefit from rapid growth of mobile payments and drone industries.

  • Senators Caution Mastercard, Visa, Stripe on Libra Membership
    Bloomberg

    Senators Caution Mastercard, Visa, Stripe on Libra Membership

    (Bloomberg) -- Two Senate Democrats are urging three payment processing companies to reconsider their involvement with the Libra cryptocurrency project envisioned by Facebook Inc. and a coalition of other groups.Libra poses risks not only to global financial systems, but also to the companies’ broader payments business, Senator Sherrod Brown of Ohio and Senator Brian Schatz of Hawaii said in letter on Tuesday to Visa Inc., Mastercard Inc. and Stripe Inc.In the letter, the lawmakers cited news reports on the difficulty some of Libra Association members have faced in obtaining details on the organization’s management and risks.The association is composed of a group of 27 members including Facebook and the payments companies, as well as a swath of tech companies like Uber Technologies Inc., telecom providers Iliad SA and Vodafone Group Plc, and cryptocurrency companies like Coinbase, Inc.PayPal, Inc., one of the original members, confirmed it had left the organization on Oct. 4.In a statement, Brown, the senior Democrat on the Banking Committee, and Schatz, a panel member, said they pointed out in the letter that “Congress, financial regulators, and potential Libra Association member companies have struggled to get sufficient details from Facebook about risks that Libra may pose, including facilitating criminal and terrorist financing, destabilizing the global financial system, interfering with monetary policy, or exposing consumers to risks currently limited to accredited investors.”“We urge you to carefully consider how your companies will manage these risks before proceeding, given that Facebook has not yet demonstrated to Congress, financial regulators — and perhaps not even to your companies — that it is taking these risks seriously,” they said in the letter.“Facebook,” the senators added, “is currently struggling to tackle massive issues, such as privacy violations, disinformation, election interference, discrimination, and fraud, and it has not demonstrated an ability to bring those failures under control.”“You should be concerned,” Brown and Schatz said, “that any weaknesses in Facebook’s risk management systems will become weaknesses in your systems that you may not be able to effectively mitigate.”Spokesmen for Mastercard, Visa and Stripe declined to comment. Facebook referred a request for comment to the Libra Association.“The Libra Association maintains its commitment to not launch until questions and concerns by regulators are addressed,” Libra Association spokesman Dante Disparte said in a statement. “This is enshrined in our long launch runway, which has helped inform regulators, policy makers and other stakeholders around the world about our commitment to responsible financial innovation and strong oversight.”Disparte said more than 1,500 organizations have reached out to the association about joining.In July, both Republican and Democratic senators had pointed questions for Facebook at a Banking Committee hearing over its digital currency plans. That session reflected the skepticism across Washington and underscoring the challenges the company faces in getting Libra off the ground.(Adds comment from Libra Association in third from last paragraph.)\--With assistance from Kurt Wagner, Julie Verhage and Jenny Surane.To contact the reporters on this story: Lydia Beyoud in Washington at lbeyoud2@bloomberg.net;Joe Light in Washington at jlight8@bloomberg.netTo contact the editors responsible for this story: Seth Stern at sstern22@bloomberg.net, Sara FordenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TheStreet.com

    Visa, Mastercard Implored to Take Libra Risks Seriously by U.S. Senators

    Democratic lawmakers sent a letter to executives at Mastercard , Visa and privately-held Stripe, urging the companies to seriously reconsider their involvement with Facebook's yet-to-be-launched cryptocurrency, Libra. Visa and Mastercard are part of the 27-company coalition known as the Libra Association whose stated goal is to develop a robust ecosystem of financial products that will allow people to use Libra everyday, around the world. "We are concerned because key questions remain unanswered about the risks the project poses to consumers, regulated financial institutions, and the global financial system," Senators Sherrod Brown (D-OH) and Briat Schatz (D-HI) said in a letter.

  • Moody's

    Mastercard Incorporated -- Moody's announces completion of a periodic review of ratings of Mastercard Incorporated

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Mastercard Incorporated and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • New regulations and possible defections could unbalance Facebook’s Libra
    American City Business Journals

    New regulations and possible defections could unbalance Facebook’s Libra

    Only days after the departure of PayPal from Facebook Inc.’s cryptocurrency project, the initiative could find itself in even more trouble. Bloomberg reports that a trio of payment processing companies are being urged by a pair of U.S. lawmakers to reconsider their support for Facebook's Libra project. Sherrod Brown of Ohio and Brian Schatz of Hawaii have reportedly written to Visa Inc., Mastercard Inc. and Stripe Inc., warning them that Libra poses a threat both to their own businesses and to global finances as a whole.

  • Payments Stocks to Get a Lift From Holiday Season Sales Boom
    Zacks

    Payments Stocks to Get a Lift From Holiday Season Sales Boom

    Expansion in retail sales and resultantly online payments should aid the stocks of players in the entire payments ecosystem.

  • MasterCard (MA) Dips More Than Broader Markets: What You Should Know
    Zacks

    MasterCard (MA) Dips More Than Broader Markets: What You Should Know

    MasterCard (MA) closed the most recent trading day at $267.07, moving -1.88% from the previous trading session.