Should I buy or sell Meta Platforms stock right now?

43 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meta Platforms in the last year. There are currently 1 sell rating, 2 hold ratings, 38 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" META shares. View META analyst ratings or view top-rated stocks .

What is Meta Platforms' stock price target for 2024?

43 equities research analysts have issued twelve-month target prices for Meta Platforms' stock. Their META share price targets range from $280.00 to $600.00. On average, they anticipate the company's stock price to reach $505.75 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price. View analysts price targets for META or view top-rated stocks among Wall Street analysts .

How have META shares performed in 2024?

Meta Platforms' stock was trading at $353.96 at the beginning of 2024. Since then, META shares have increased by 41.3% and is now trading at $500.23. View the best growth stocks for 2024 here .

When is Meta Platforms' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our META earnings forecast .

How can I listen to Meta Platforms' earnings call?

Meta Platforms will be holding an earnings conference call on Wednesday, April 24th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Meta Platforms' earnings last quarter?

Meta Platforms, Inc. (NASDAQ:META) announced its quarterly earnings data on Thursday, February, 1st. The social networking company reported $5.33 EPS for the quarter, beating analysts' consensus estimates of $4.82 by $0.51. The social networking company earned $40.11 billion during the quarter, compared to analysts' expectations of $39.12 billion. Meta Platforms had a net margin of 28.98% and a trailing twelve-month return on equity of 29.48%. Meta Platforms's quarterly revenue was up 24.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.00 earnings per share.

How often does Meta Platforms pay dividends? What is the dividend yield for Meta Platforms?

Meta Platforms declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Thursday, February 22nd will be given a dividend of $0.50 per share on Tuesday, March 26th. This represents a $2.00 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date is Wednesday, February 21st. Read our dividend analysis for META .

Is Meta Platforms a good dividend stock?

Meta Platforms (NASDAQ:META) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.39%. The dividend payout ratio is 13.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, META will have a dividend payout ratio of 8.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for META .

What ETFs hold Meta Platforms' stock?

ETFs with the largest weight of Meta Platforms (NASDAQ:META) stock in their portfolio include Communication Services Select Sector SPDR Fund (XLC) , Fidelity MSCI Communication Services Index ETF (FCOM) , Vanguard Communication Services Index Fund ETF Shares (VOX) , iShares Global Comm Services ETF (IXP) , ProShares Ultra Communication Services (LTL) , Davis Select U.S. Equity ETF (DUSA) , Roundhill Magnificent Seven ETF (BIGT) and Global X Social Media Index ETF (SOCL) .

What guidance has Meta Platforms issued on next quarter's earnings?

Meta Platforms updated its first quarter 2024 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $34.5 billion-$37.0 billion, compared to the consensus revenue estimate of $33.8 billion.

Who are Meta Platforms' major shareholders?

Meta Platforms' stock is owned by many different institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Los Angeles Capital Management LLC (0.06%), Global Assets Advisory LLC (0.04%), Sarasin & Partners LLP (0.02%), Gateway Investment Advisers LLC (0.02%) and Northside Capital Management LLC (0.02%). Insiders that own company stock include Andrew Bosworth , David B Fischer , David B Fischer , David M Wehner , David M Wehner , Javier Olivan , Jennifer Newstead , Mark Zuckerberg , Mark Zuckerberg , Marne L Levine , Nicholas Clegg , Susan J Li and Susan JS Taylor . View institutional ownership trends .

How do I buy shares of Meta Platforms?

Shares of META stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Meta Platforms have any subsidiaries?

The following companies are subsidiares of Meta Platforms: Acrylic Software, Andale, Andale Inc., Atlas Solutions Advertiser Suite, Beat Games, Beluga, Biblbobl, Bloomsbury AI, Bolt | Peters, Branch, CTRL-labs, Cassin Networks ApS, Chai Labs, Confirm.io, CrowdTangle, Daytum, Digital Staircase, Divvyshot, Dreambit, Edge Network Services, Edge Network Services Limited, Endaga, Eyegroove, FCL Tech, FCL Tech Limited, Face.com, Facebook International Operations, Facebook International Operations Limited, Facebook Ireland Holdings Unlimited, Facebook Ireland Limited, Facebook Ireland Limited, Facebook Operations, Facebook Operations LLC, Facebook Sweden Holdings, Facebook Sweden Holdings AB, Facebook Technologies LLC, FacioMetrics, Fayteq AG, Friend.ly, FriendFeed, GIPHY, GazeHawk, Glancee, Global Holdings I Inc, Global Holdings I Inc., Global Holdings I LLC, Global Holdings I LLC, Global Holdings II LLC, Global Holdings II LLC, Gowalla, Greater Kudu, Greater Kudu LLC, GrokStyle, Hot Potato, Instagram, Instagram LLC, Jibbigo, KUSU PTE, KUSU PTE. Ltd., Karma, Kustomer, Lemnis Technologies, Lightbox, Little Eye Labs, LiveRail, Malkoha PTE Ltd., Mapillary, Monoidics, Morning Hornet LLC, Nextstop, Octazen Solutions, Oculus, Onavo, Osmeta, Ozlo, Packagd, Parakey, Parse, Parse LLC, Pieceable, Pinnacle Sweden, Pinnacle Sweden AB, PlayGiga, PrivateCore, ProtoGeo, Pryte, Pursuit, Push Pop Press, QuickFire Networks, Raven Northbrook LLC, RedKix, Runways Information Services, Runways Information Services Ltd, Sanzaru Games Inc, Scape Technologies, Scout Development LLC, Sendoid, Servicefriend, ShareGrove, Siculus, Siculus Inc., Sidecat LLC, Snaptu, Sofa, Source3, Spaceport.io, Spool, SportStream, Stadion LLC, Starbelt LLC, Storylane, Strobe, TBH, Tagtile, Teehan+Lax, TheFind Inc., Two Big Ears Ltd, Vidpresso, Vitesse, Vitesse LLC, WhatsApp, WhoGlue, Winner, Winner LLC, Wit.ai, Zenbe, and drop.io. Read More

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NASDAQ:META

Meta Platforms (META) Stock Price, News & Analysis

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Free META Stock Alerts

$499.47

-0.76 (-0.15%)

(As of 09:04 AM ET)

Compare

Today's Range: $499.47
▼
$499.47
50-Day Range: $454.72
▼
$527.34
52-Week Range: $207.13
▼
$531.49

Volume: 158,568 shs
Average Volume: 17.02 million shs
Market Capitalization: $1.27 trillion

P/E Ratio: 33.52
Dividend Yield: 0.40%
Price Target: $505.75

Get Meta Platforms alerts:

Meta Platforms MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.95 Rating Score
Upside/Downside: 1.1% Upside
$505.75 Price Target
Short Interest: Healthy
1.23% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.41
Based on 102 Articles This Week
Insider Trading: Selling Shares
$691.94 M Sold Last Quarter
Proj. Earnings Growth: 15.80%
From $20.06 to $23.23 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.06 out of 5 stars

Computer And Technology Sector

154th out of 591 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

11th out of 60 stocks

2.5

Analyst's Opinion

Consensus Rating
Meta Platforms has received a consensus rating of Moderate Buy. The company's average rating score is 2.95, and is based on 38 buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Meta Platforms has been the subject of 32 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.23% of the float of Meta Platforms has been sold short.
Short Interest Ratio / Days to Cover
Meta Platforms has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Meta Platforms has recently decreased by 10.26%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Meta Platforms has a dividend yield of 0.39%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Meta Platforms does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Meta Platforms is 13.42%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Meta Platforms will have a dividend payout ratio of 8.61% next year. This indicates that Meta Platforms will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for META.

1.9

News and Social Media Coverage

News Sentiment
Meta Platforms has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 102 news articles for Meta Platforms this week, compared to 53 articles on an average week.
Search Interest
Only 368 people have searched for META on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
MarketBeat Follows
Only 650 people have added Meta Platforms to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Meta Platforms insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $691,937,607.00 in company stock.
Percentage Held by Insiders
14.03% of the stock of Meta Platforms is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
79.91% of the stock of Meta Platforms is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Meta Platforms are expected to grow by 15.80% in the coming year, from $20.06 to $23.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Meta Platforms is 33.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Meta Platforms is 33.57, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 211.52.
Price to Earnings Growth Ratio
Meta Platforms has a PEG Ratio of 1.31. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Meta Platforms has a P/B Ratio of 8.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Meta Platforms Stock (NASDAQ:META)

Meta Platforms, Inc. is a US-based multinational technology company and 1 of the Big 5 US tech companies. It is a member of the FAANG group holding the first position with its original name, Facebook.

Meta Platforms, Inc life began in 2004 as a digital “face book” for Harvard students. The company was founded by Mark Zuckerburg and a group of friends but now only Zuckerburg remains. The company quickly grew and expanded into other universities and then opened itself to the public in 2006. As of 2006, anyone over the age of 13 can be a Facebook user which is the company’s primary source of income. As of 2022, the company claimed more than 2.9 billion monthly active Facebook users.

Facebook, Inc filed for its IPO on January 1st 2012. The prospectus stated the company was seeking to raise $5 billion but it got so much more. The day before the IPO execs announced it would sell 25% more stock than it had previously stated because of the high demand. The company wound up raising more than $16 billion making it the 3rd largest IPO in history at the time.

The massive IPO valuation earned Facebook a spot in the S&P 500 in the first year of its public life. Although its valuation has deteriorated in the wake of scandal and consumer trends within social media, early investors were treated to gains in excess of 1000% at the peak of the stock run. Mark Zuckerburg retained 22% ownership in the company following the IPO, and 57% of the voting rights. As of 2022, those holdings were down to about 14% of the company and 54% of the voting rights.

Over the years, Facebook acquired a large number of apps and other businesses that include but are not limited to Instagram and WhatsApp. The company changed its name to Meta Platforms DBA Meta in 2021 to reflect its business and mission better. The new name describes the metaverse and refers to the seamless social interaction provided by Meta’s social media application universe.

Today, Meta develops digital applications that allow people to connect with family, friends, businesses, and merchants through Internet connections. Applications are available for mobile, PC, VR, and smart homes.

The company’s primary operating segment is the Family of Apps. The family of Apps includes Facebook and all the other digital applications. This segment produces virtually all of the revenue which is in turn 97% advertising oriented. The other operating segment is Reality Labs. Reality Labs develops and markets a line of virtual and augmented-reality products.

META Stock Price History

30 days | 90 days | 365 days | Advanced Chart

META Stock News Headlines

April 13, 2024 | insidertrades.com

Jennifer Newstead Sells 585 Shares of Meta Platforms, Inc. (NASDAQ:META) Stock

April 12, 2024 | marketbeat.com

Dead whale in New Jersey had a fractured skull among numerous injuries, experts find

A post-mortem examination of a whale that washed ashore on New Jersey’s Long Beach Island shows the animal sustained numerous blunt force injuries including a fractured skull and vertebrae

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

April 12, 2024 | insidertrades.com

Insider Selling: Meta Platforms, Inc. (NASDAQ:META) Insider Sells 585 Shares of Stock

April 10, 2024 | insidertrades.com

Javier Olivan Sells 490 Shares of Meta Platforms, Inc. (NASDAQ:META) Stock

April 6, 2024 | marketbeat.com

Some states are seeking to restrict TikTok. That doesn't mean their governors aren't using it

Efforts to ban TikTok from government devices have picked up steam in the past year in state legislatures and Congress even as politicians continue to use it to connect with and expand their base

April 4, 2024 | insidertrades.com

Meta Platforms, Inc. (NASDAQ:META) COO Javier Olivan Sells 490 Shares

April 1, 2024 | marketbeat.com

Is Rumble Revving Up for Growth or Just Sputtering?

Video-sharing platform Rumble Inc. NASDAQ: RUM released its Q4 2023 earnings report with less-than-stellar results. The highlights included rising daily active users and an 8-cent EPS beat, with losses coming in at 14 cents versus 22 cents.

April 16, 2024 | InvestorPlace (Ad)

REVEALED: Elon Musk’s Secret A.I. Facility?

I recently shot this video outside what could be Elon Musk’s biggest secret. What’s happening inside these walls is so important that our government has declared it a matter of national security.

March 29, 2024 | insidertrades.com

Meta Platforms, Inc. (NASDAQ:META) Insider Sells $295,594.65 in Stock

March 28, 2024 | marketbeat.com

Facebook News tab will soon be unavailable as Meta scales back news and political content

Meta will be sunsetting Facebook News in early April for users in the U.S. and Australia as the platform further deemphasizes news and politics

March 28, 2024 | marketbeat.com

Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages

Algeria’s government has flooded newly opened markets selling subsidized goods with pantry staples to stave off shortages during Islam’s holy month of Ramadan, when demand typically increases in Muslim-majority countries and prices tend to rise

April 16, 2024 | fool.com

1 Stock That Turned $1,000 Into Nearly $2 Million

April 16, 2024 | benzinga.com

Zuckerberg Dodges A Bullet: Judge Tosses Some Lawsuit Claims Against Meta CEO In Youth Harm Litigation

April 16, 2024 | techcrunch.com

Meta's Oversight Board probes explicit AI-generated images posted on Instagram and Facebook

April 16, 2024 | americanbankingnews.com

Meta Platforms (NASDAQ:META) Price Target Raised to $555.00 at The Goldman Sachs Group

April 16, 2024 | americanbankingnews.com

Meta Platforms (NASDAQ:META) Price Target Raised to $590.00 at Citigroup

April 16, 2024 | fool.com

Meta Platforms Stock Has 18% Upside, According to 1 Wall Street Analyst

April 16, 2024 | cnbc.com

Ad transparency tools are 'major disappointment' ahead of election, new study shows

April 15, 2024 | reuters.com

Judge dismisses some claims against Meta's Zuckerberg over social media harm

April 15, 2024 | msn.com

Mark Zuckerberg avoids personal liability in Meta addiction lawsuits

April 15, 2024 | marketwatch.com

Meta to Temporarily Shut Down Threads in Turkey Over Data-Sharing Restrictions

April 15, 2024 | markets.businessinsider.com

Meta Temporarily Shuts Threads In Turkey Over Data-Sharing Prohibition

April 15, 2024 | bizjournals.com

Meta, formerly known as Facebook, tees up another data center in Gallatin

April 15, 2024 | nypost.com

Trump-backing VR visionary Palmer Luckey clashes with Meta exec over his 2017 firing: ‘Make everything public'

April 15, 2024 | finance.yahoo.com

Meta Stock Has More Upside as Advertising Improves, Analyst Says

April 15, 2024 | investorplace.com

Cash Burning a Hole in Your Pocket? Go Buy Some Meta Platforms Stock.

See More Headlines

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Company Calendar

Last Earnings: 2/01/2024
Ex-Dividend for 3/26 Dividend: 2/21/2024
Dividend Payable: 3/26/2024
Today: 4/16/2024
Next Earnings (Confirmed): 4/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Computer programming, data processing, & other computer related
Sub-Industry: Internet Software & Services
Current Symbol: NASDAQ:META
Previous Symbol: NASDAQ:FB
CUSIP: 30303M10
CIK: 1326801
Web: www.facebook.com
Phone: (650) 543-4800
Fax: N/A
Employees: 67,317
Year Founded: 2004

Price Target and Rating

Average Stock Price Target: $505.75
High Stock Price Target: $600.00
Low Stock Price Target: $280.00
Potential Upside/Downside: +1.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.95
Research Coverage: 43 Analysts

Profitability

EPS (Most Recent Fiscal Year): $14.90
Trailing P/E Ratio: 33.57
Forward P/E Ratio: 24.94
P/E Growth: 1.31
Net Income: $39.10 billion
Net Margins: 28.98%
Pretax Margin: 35.16%
Return on Equity: 29.48%
Return on Assets: 19.54%

Debt

Debt-to-Equity Ratio: 0.12
Current Ratio: 2.67
Quick Ratio: 2.67

Sales & Book Value

Annual Sales: $134.90 billion
Price / Sales: 9.45
Cash Flow: $19.27 per share
Price / Cash Flow: 25.96
Book Value: $60.08 per share
Price / Book: 8.33

Miscellaneous

Outstanding Shares: 2,549,410,000
Free Float: 2,191,723,000
Market Cap: $1.28 trillion
Optionable: Optionable
Beta: 1.20

Social Links

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Get This Free Report

Key Executives

Mr. Mark Elliot Zuckerberg (Age 40)
Founder, Chairman & CEO
Comp: $27.11M
Ms. Susan J. S. Li (Age 37)
Chief Financial Officer
Comp: $4.94M
Mr. Javier Olivan (Age 47)
Chief Operating Officer
Comp: $4.14M
Mr. Andrew Bosworth (Age 42)
Chief Technology Officer
Comp: $1.98M
Mr. Christopher K. Cox (Age 41)
Chief Product Officer
Comp: $4.08M
Mr. David M. Wehner (Age 55)
Chief Strategy Officer
Comp: $1.8M
Mr. Aaron A. Anderson
Chief Accounting Officer
Mr. Atish Banerjea (Age 58)
Chief Information Officer
Ms. Deborah T. Crawford
Vice President of Investor Relations
Ms. Jennifer G. Newstead (Age 54)
Chief Legal Officer
Comp: $3.08M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Meta Platforms Stock? META Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Meta:

Meta's stock has a consensus rating of "Moderate Buy" with a price target of $496.35, indicating positive sentiment from analysts and potential for growth.
Meta Platforms engages in the development of innovative products that enable people to connect and share globally through various platforms, showcasing a strong market presence and potential for expansion.
Recent institutional trading activities by large investors like Vanguard Group Inc. and BlackRock Inc. indicate confidence in Meta's future performance, reflecting a positive outlook from industry giants.
Meta's diverse product segments, including Facebook, Instagram, Messenger, and WhatsApp, cater to a wide range of user preferences, enhancing the company's revenue streams and market stability.
Meta's focus on virtual reality headsets and wearables through its Reality Labs segment demonstrates a commitment to technological advancement and future-oriented growth strategies, appealing to investors seeking long-term prospects.

Cons

Investors should be bearish about investing in Meta for these reasons:

Meta's stock may be subject to volatility due to market uncertainties and regulatory challenges in the social networking industry, potentially leading to fluctuations in share prices and investor confidence.
Increased competition in the social media landscape from emerging platforms could impact Meta's market share and user engagement, posing a threat to the company's long-term growth prospects.
Concerns over data privacy and security issues related to Meta's platforms, such as Facebook and Instagram, may lead to regulatory scrutiny and public distrust, affecting user retention and brand reputation.
Evolving consumer preferences and trends in digital communication may pose challenges for Meta's ability to adapt quickly and innovate effectively, potentially hindering the company's competitive edge in the market.
External factors like global economic conditions and geopolitical events could influence Meta's performance and investor sentiment, introducing additional risks to the investment landscape.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Meta Platforms pros and cons to contact@marketbeat.com.

META Stock Analysis - Frequently Asked Questions

Should I buy or sell Meta Platforms stock right now?: 43 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meta Platforms in the last year. There are currently 1 sell rating, 2 hold ratings, 38 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" META shares.
View META analyst ratings or view top-rated stocks.
What is Meta Platforms' stock price target for 2024?: 43 equities research analysts have issued twelve-month target prices for Meta Platforms' stock. Their META share price targets range from $280.00 to $600.00. On average, they anticipate the company's stock price to reach $505.75 in the next twelve months. This suggests a possible upside of 1.1% from the stock's current price.
View analysts price targets for META or view top-rated stocks among Wall Street analysts.
How have META shares performed in 2024?: Meta Platforms' stock was trading at $353.96 at the beginning of 2024. Since then, META shares have increased by 41.3% and is now trading at $500.23.
View the best growth stocks for 2024 here.
When is Meta Platforms' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our META earnings forecast.
How can I listen to Meta Platforms' earnings call?: Meta Platforms will be holding an earnings conference call on Wednesday, April 24th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Meta Platforms' earnings last quarter?: Meta Platforms, Inc. (NASDAQ:META) announced its quarterly earnings data on Thursday, February, 1st. The social networking company reported $5.33 EPS for the quarter, beating analysts' consensus estimates of $4.82 by $0.51. The social networking company earned $40.11 billion during the quarter, compared to analysts' expectations of $39.12 billion. Meta Platforms had a net margin of 28.98% and a trailing twelve-month return on equity of 29.48%. Meta Platforms's quarterly revenue was up 24.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.00 earnings per share.
How often does Meta Platforms pay dividends? What is the dividend yield for Meta Platforms?: Meta Platforms declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Thursday, February 22nd will be given a dividend of $0.50 per share on Tuesday, March 26th. This represents a $2.00 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date is Wednesday, February 21st.
Read our dividend analysis for META.

Is Meta Platforms a good dividend stock?: Meta Platforms (NASDAQ:META) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.39%. The dividend payout ratio is 13.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, META will have a dividend payout ratio of 8.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for META.
What ETFs hold Meta Platforms' stock?: ETFs with the largest weight of Meta Platforms (NASDAQ:META) stock in their portfolio include Communication Services Select Sector SPDR Fund (XLC), Fidelity MSCI Communication Services Index ETF (FCOM), Vanguard Communication Services Index Fund ETF Shares (VOX), iShares Global Comm Services ETF (IXP), ProShares Ultra Communication Services (LTL), Davis Select U.S. Equity ETF (DUSA), Roundhill Magnificent Seven ETF (BIGT) and Global X Social Media Index ETF (SOCL).
What guidance has Meta Platforms issued on next quarter's earnings?: Meta Platforms updated its first quarter 2024 earnings guidance on Thursday, February, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $34.5 billion-$37.0 billion, compared to the consensus revenue estimate of $33.8 billion.
Who are Meta Platforms' major shareholders?: Meta Platforms' stock is owned by many different institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Los Angeles Capital Management LLC (0.06%), Global Assets Advisory LLC (0.04%), Sarasin & Partners LLP (0.02%), Gateway Investment Advisers LLC (0.02%) and Northside Capital Management LLC (0.02%). Insiders that own company stock include Andrew Bosworth, David B Fischer, David B Fischer, David M Wehner, David M Wehner, Javier Olivan, Jennifer Newstead, Mark Zuckerberg, Mark Zuckerberg, Marne L Levine, Nicholas Clegg, Susan J Li and Susan JS Taylor.
View institutional ownership trends.
How do I buy shares of Meta Platforms?: Shares of META stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Meta Platforms have any subsidiaries?: The following companies are subsidiares of Meta Platforms: Acrylic Software, Andale, Andale Inc., Atlas Solutions Advertiser Suite, Beat Games, Beluga, Biblbobl, Bloomsbury AI, Bolt | Peters, Branch, CTRL-labs, Cassin Networks ApS, Chai Labs, Confirm.io, CrowdTangle, Daytum, Digital Staircase, Divvyshot, Dreambit, Edge Network Services, Edge Network Services Limited, Endaga, Eyegroove, FCL Tech, FCL Tech Limited, Face.com, Facebook International Operations, Facebook International Operations Limited, Facebook Ireland Holdings Unlimited, Facebook Ireland Limited, Facebook Ireland Limited, Facebook Operations, Facebook Operations LLC, Facebook Sweden Holdings, Facebook Sweden Holdings AB, Facebook Technologies LLC, FacioMetrics, Fayteq AG, Friend.ly, FriendFeed, GIPHY, GazeHawk, Glancee, Global Holdings I Inc, Global Holdings I Inc., Global Holdings I LLC, Global Holdings I LLC, Global Holdings II LLC, Global Holdings II LLC, Gowalla, Greater Kudu, Greater Kudu LLC, GrokStyle, Hot Potato, Instagram, Instagram LLC, Jibbigo, KUSU PTE, KUSU PTE. Ltd., Karma, Kustomer, Lemnis Technologies, Lightbox, Little Eye Labs, LiveRail, Malkoha PTE Ltd., Mapillary, Monoidics, Morning Hornet LLC, Nextstop, Octazen Solutions, Oculus, Onavo, Osmeta, Ozlo, Packagd, Parakey, Parse, Parse LLC, Pieceable, Pinnacle Sweden, Pinnacle Sweden AB, PlayGiga, PrivateCore, ProtoGeo, Pryte, Pursuit, Push Pop Press, QuickFire Networks, Raven Northbrook LLC, RedKix, Runways Information Services, Runways Information Services Ltd, Sanzaru Games Inc, Scape Technologies, Scout Development LLC, Sendoid, Servicefriend, ShareGrove, Siculus, Siculus Inc., Sidecat LLC, Snaptu, Sofa, Source3, Spaceport.io, Spool, SportStream, Stadion LLC, Starbelt LLC, Storylane, Strobe, TBH, Tagtile, Teehan+Lax, TheFind Inc., Two Big Ears Ltd, Vidpresso, Vitesse, Vitesse LLC, WhatsApp, WhoGlue, Winner, Winner LLC, Wit.ai, Zenbe, and drop.io.
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This page (NASDAQ:META) was last updated on 4/16/2024 by MarketBeat.com Staff

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