Match Group (MTCH) to Release Quarterly Earnings on Thursday

Match Group (NASDAQ:MTCH - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect Match Group to post earnings of $0.70 per share and revenue of $826.35 million for the quarter. Match Group has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Match Group (NASDAQ:MTCH - Get Free Report) last announced its earnings results on Tuesday, February 4th. The technology company reported $0.62 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.84 by ($0.22). Match Group had a net margin of 15.84% and a negative return on equity of 574.22%. On average, analysts expect Match Group to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Match Group Price Performance

NASDAQ:MTCH traded up $0.28 during mid-day trading on Friday, reaching $30.69. The stock had a trading volume of 3,805,909 shares, compared to its average volume of 4,948,423. The stock's 50 day simple moving average is $30.28 and its two-hundred day simple moving average is $32.42. Match Group has a 1-year low of $26.39 and a 1-year high of $38.84. The company has a market capitalization of $7.69 billion, a price-to-earnings ratio of 15.19, a price-to-earnings-growth ratio of 0.82 and a beta of 1.42.

Match Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 3rd were given a dividend of $0.19 per share. The ex-dividend date was Thursday, April 3rd. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.48%. Match Group's dividend payout ratio (DPR) is 37.62%.

Insider Buying and Selling

In related news, President Gary Swidler sold 242,209 shares of the stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $32.86, for a total transaction of $7,958,987.74. Following the sale, the president now owns 1,690 shares in the company, valued at approximately $55,533.40. This trade represents a 99.31 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.77% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on MTCH shares. Barclays reduced their price objective on Match Group from $53.00 to $52.00 and set an "overweight" rating for the company in a research note on Thursday, February 6th. BTIG Research cut Match Group from a "buy" rating to a "neutral" rating in a research note on Tuesday, January 14th. Wells Fargo & Company reduced their price objective on shares of Match Group from $32.00 to $31.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 9th. StockNews.com lowered shares of Match Group from a "buy" rating to a "hold" rating in a report on Friday, April 25th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Match Group from $33.00 to $29.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 22nd. Fifteen research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $36.44.

About Match Group

Match Group, Inc engages in the provision of dating products. Its portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and Hakuna, as well as a various other brands, each built to increase users' likelihood of connecting with others. Its services are available in over 40 languages to users worldwide.