Mastercard(MA)

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Beyond The Headline: Why Mastercard's Tiny Dividend Packs A Punch
Seeking Alpha· 2024-07-22 00:40
lcva2 Introduction 24.3%. That's how much Mastercard (NYSE:MA) (NEOE:MA:CA) has returned every single year since January 5, 2007. An annual return of more than 24% would have turned $10,000 into roughly $86,000 after ten years and $739,000 after twenty years! Over the past ten years, Mastercard returned 509%, beating the impressive 232% return of the S&P 500 by a huge margin. Data by YCharts So far, so good. Unfortunately, past returns are no guarantee of future results. However, they can offer an indic ...
MasterCard (MA) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-07-17 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about MasterCard (MA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.MasterCard currently has an average brokerage recommendation (A ...
Why MasterCard (MA) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-07-16 17:10
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? MasterCard (MA) , which belongs to the Zacks Financial Transaction Services industry, could be a great candidate to consider.This processor of debit and credit card payments has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.02%.For the most rec ...
Why MasterCard (MA) Outpaced the Stock Market Today
ZACKS· 2024-07-15 22:56
In the latest trading session, MasterCard (MA) closed at $444, marking a +0.88% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.28%. Meanwhile, the Dow experienced a rise of 0.53%, and the technology-dominated Nasdaq saw an increase of 0.4%.Shares of the processor of debit and credit card payments have depreciated by 1.02% over the course of the past month, underperforming the Business Services sector's gain of 1.47% and the S&P 500's gain of 3.78%.The upcoming ear ...
Mastercard (MA) Teams Up to Launch One Key Credit Cards
ZACKS· 2024-07-15 17:35
Mastercard Incorporated (MA) recently teamed up with the leading online travel platform, Expedia Group, Inc. (EXPE) , and the renowned financial services company, Wells Fargo (WFC) , to introduce two co-branded credit cards. These cards are branded the One Key Card and One Key+ Card. Applications for both cards will be accepted nationwide later this summer. Inclusive of terms applied, the One Key Card will not carry an annual fee, while One Key+ will bear an annual fee of $99 . The One Key Cards, created fo ...
3 Hot Stocks to Buy Now: Q3 2024 Edition
Investor Place· 2024-07-13 10:25
The markets have soared in the last six months, with a handful of hot stocks leading the charge. Equity benchmarks like the S&P 500 are charting new territories fueled by macroeconomic factors. In the first six months of the year, the index is up by an impressive 17.50%, recording new all-time highs 34 times this year.Looking at the statistics, it is tempting to assume that this momentum will lead the market to a strong finish this year. But if we’re being honest, there are two ways this can play out. The b ...
Mastercard and Nuvei Team to Provide Digital Asset Offramp
PYMNTS.com· 2024-07-11 19:31
Mastercard and Canadian FinTech Nuvei have teamed to help consumers turn digital assets into fiat currency.The collaboration, announced Thursday (July 11), is open to consumers in Europe, and lets them convert their assets via debit, credit and prepaid cards.“This new functionality provides a bridge between digital and traditional finance that can be spent via Mastercard’s global network,” the companies said in a news release. “This off-ramping solution is integrated directly into Nuvei’s modular payment pl ...
Mastercard (MA) and MTA Upgrade Medical Tourism Payments
ZACKS· 2024-07-11 18:51
Mastercard Incorporated (MA) recently teamed up with the Medical Tourism Association (“MTA”) in a bid to upgrade the global healthcare experience for medical tourists and enable secure and rapid cross-border payments to healthcare providers. All this will be made possible by leveraging MA’s commercial virtual card technology. The initial launch of the new payment capabilities will be made by the partners with select healthcare providers globally, with plans to expand the reach to more providers by 2024-end. ...
Mastercard (MA) Expands UAE Reach With Strategic Partnerships
ZACKS· 2024-07-10 18:00
Mastercard Incorporated (MA) recently undertook a series of partnerships aiming to further boost its footprint in the UAE. The first move entails strengthening MA’s ties with one of the largest alliances of independent hotel brands globally, Global Hotel Alliance (“GHA”). GHA represents a group of 40 brands with over 800 hotels in 100 countries.The partners have entered into a multimarket deal to unveil a co-branded card that promises to offer personalized travel benefits and lucrative rewards to affluent c ...
Datapro and Mastercard join forces to expand opportunities for cross-border payments in Latin America
Newsfilter· 2024-07-10 14:15
MIAMI, July 10, 2024 (GLOBE NEWSWIRE) -- Datapro, a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions. The collaboration will provide Datapro's customers throughout Latin America and the Caribbean with access to fast, transparent, and convenient cross-border payment experiences. Increasingly, consumers are looking for w ...