MercadoLibre Company Profile (NASDAQ:MELI)

MercadoLibre trades on the NASDAQ under the ticker symbol "MELI."

MercadoLibre announced a quarterly dividend on Monday, May 15th. Shareholders of record on Friday, June 30th will be paid a dividend of $0.15 per share on Monday, July 17th. This represents a $0.60 annualized dividend and a dividend yield of 0.21%. The ex-dividend date of this dividend is Wednesday, June 28th. View MercadoLibre's Dividend History.

MercadoLibre, Inc. (NASDAQ:MELI) posted its earnings results on Thursday, May, 4th. The company reported $1.10 EPS for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.32. The company earned $273.90 million during the quarter, compared to analysts' expectations of $247.85 million. MercadoLibre had a return on equity of 41.12% and a net margin of 16.10%. The company's quarterly revenue was up 73.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.68 earnings per share. View MercadoLibre's Earnings History.

MercadoLibre is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for MercadoLibre.

12 brokerages have issued 1 year price objectives for MercadoLibre's stock. Their predictions range from $147.00 to $330.00. On average, they expect MercadoLibre's stock price to reach $260.83 in the next year. View Analyst Ratings for MercadoLibre.

Here are some recent quotes from research analysts about MercadoLibre stock:

• 1. According to Zacks Investment Research, "MercadoLibre is the largest online trading platform in Latin America. We are market leaders in e-commerce in each of Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela, based on unique visitors and page views. Additionally, we have recently launched online trading platforms in Costa Rica, the Dominican Republic and Panama. With a market of over Five fifty million people and a region with one of the world's fastest-growing Internet penetration rates, we provide buyers and sellers a robust online trading environment that fosters the development of a large and growing e-commerce community. We offer a technological and commercial solution that addresses the distinctive cultural and geographic challenges of operating an online trading platform in Latin America. " (6/27/2017)
• 2. Stifel Nicolaus analysts commented, "MercadoLibre capped a strong year with another impressive quarter. MercadoLibre has positioned itself as the leading eCommerce platform in Latin America with the development of enhanced services which has allowed the company to offer a complete solution and to increase the value proposition to both buyers and merchants. Topline and bottom-line momentum continued in 4Q:16 as revenue increased 68% FX-adj., TPV increased 84% y/y FX-adj. and EBIT margins expanded nearly 700bps y/y. We are raising our estimates and take our price target to $220." (2/24/2017)
• 3. Cowen and Company analysts commented, "MELI reported strong 4Q operating results with revenues and EBITDA besting our forecasts by 2% and 17%. The larger point is that MELI's ecosystem of marketplace, payments and logistics is thriving. We boost LT estimates again' MELI delivered strong 4Q financial results with revenues of $256.3MM beating our $251.8MM forecast and Street $251.7MM. Revenues grew 42% y/y on a reported basis but increased an impressive 68% x-FX, better than the 66% y/y growth in 3Q and on par with the 69% y/y in 4Q15. As for expenses, COGS was essentially in-line with our expectations driving a 3% better-than-estimated Gross Profit or 63.5% Gross Margin versus forecast 63%. Other opex was mostly better than our forecast driven by R&D and G&A expense 20% and 16% below our forecast. Adj. EBITDA of $73MM (28.5% margin) was $10.6MM higher than our $62.4MM forecast (and compares against Cons. $65MM). EPS of $1.16 was meaningfully above our $0.89 forecast (Cons. $0.92)." (2/24/2017)

Some companies that are related to MercadoLibre include Shopify (SHOP), Boohoo.Com PLC (BOO), The Trade Desk (TTD), AO World PLC (AO), Overstock.com (OSTK), Jumei International Holding Ltd (JMEI), Mysale Group PLC (MYSL), Points International (PCOM), CafePress (PRSS), Borderfree (BRDR), Cnova NV (CNV), E Commerce China Dangdang (DANG), Geeknet (GKNT) and JD.com (JD).

MercadoLibre's management team includes the folowing people:

• Marcos Galperin, Chairman of the Board, President, Chief Executive Officer
• Pedro Arnt, Chief Financial Officer, Executive Vice President
• Stelleo Tolda, Executive Vice President, Chief Operating Officer
• Daniel Rabinovich, Executive Vice President, Chief Technology Officer
• Osvaldo Gimenez, Executive Vice President - Payments
• Marcelo Melamud, Senior Vice President, Chief Accounting Officer
• Emiliano Calemzuk, Lead Independent Director
• Nicolas Aguzin, Independent Director
• Meyer Malka Rais, Independent Director
• Javier Olivan, Independent Director

MercadoLibre's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (0.79%), Ardevora Asset Management LLP (0.38%), Russell Investments Group Ltd. (0.38%), Spark Investment Management LLC (0.08%), Bank of Montreal Can (0.05%) and US Bancorp DE (0.04%). Company insiders that own MercadoLibre stock include A Michael Spence, Daniel Rabinovich, Ebay Inc, Pedro Arnt and Stelleo Tolda. View Institutional Ownership Trends for MercadoLibre.

MercadoLibre's stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Shell Asset Management Co., US Bancorp DE, Oregon Public Employees Retirement Fund, Reliance Trust Co. of Delaware, Parametrica Management Ltd, Pillar Pacific Capital Management LLC and Howland Capital Management LLC. Company insiders that have sold MercadoLibre stock in the last year include A Michael Spence, Daniel Rabinovich, Ebay Inc, Pedro Arnt and Stelleo Tolda. View Insider Buying and Selling for MercadoLibre.

MercadoLibre's stock was acquired by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, Acadian Asset Management LLC, Mn Services Vermogensbeheer B.V., Nisa Investment Advisors LLC, APG Asset Management N.V., Strs Ohio, ING Groep NV and CIBC Asset Management Inc. View Insider Buying and Selling for MercadoLibre.

Shares of MercadoLibre can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of MercadoLibre stock can currently be purchased for approximately $286.64.