Morgans Hotel Group Company Profile (NASDAQ:MHGC)

About Morgans Hotel Group (NASDAQ:MHGC)

Morgans Hotel Group logoMorgans Hotel Group Co. is a lifestyle hospitality company. The Company operates, owns, licenses and develops boutique hotels, primarily in gateway cities and select resort markets in the United States, Europe and other international locations. Its portfolio of Morgans Hotel Group branded hotel properties and food and beverage operations and entities consists of its over three owned hotels, including Hudson in New York, Delano South Beach in Miami Beach and Clift in San Francisco; its owned food and beverage operations consisting of leasehold interests in the food and beverage operations located at Sanderson, in London; its unconsolidated Joint Venture Hotel, including Mondrian South Beach in Miami Beach; its over seven Managed Hotels consisting of Royalton and Morgans in New York, Shore Club in Miami Beach, Mondrian in Los Angeles, and Sanderson, St Martins Lane and Mondrian London in London, and its licensed hotel, Delano Las Vegas, and its franchised hotel, 10 Karakoy, in Istanbul.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Lodging
  • Sub-Industry: Hotels Resorts & Cruise Lines
  • Symbol: NASDAQ:MHGC
  • CUSIP: 61748W10
  • Web:
Average Prices:
  • 50 Day Moving Avg: $2.05
  • 200 Day Moving Avg: $2.15
  • 52 Week Range: $0.79 - $3.56
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.59
  • P/E Growth: 0.00
  • Net Margins: 12.41%
  • Return on Equity: -8.83%
  • Return on Assets: 4.95%
  • Current Ratio: 0.07%
  • Quick Ratio: 0.07%
  • Average Volume: 201,084 shs.
  • Beta: 1.73

Frequently Asked Questions for Morgans Hotel Group (NASDAQ:MHGC)

What is Morgans Hotel Group's stock symbol?

Morgans Hotel Group trades on the NASDAQ under the ticker symbol "MHGC."

How were Morgans Hotel Group's earnings last quarter?

Morgans Hotel Group Co. (NASDAQ:MHGC) posted its earnings results on Monday, August, 8th. The company reported ($0.30) EPS for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.30). The firm earned $52.86 million during the quarter, compared to analysts' expectations of $56.21 million. Morgans Hotel Group had a net margin of 12.41% and a negative return on equity of 8.83%. View Morgans Hotel Group's Earnings History.

Who are some of Morgans Hotel Group's key competitors?

How do I buy Morgans Hotel Group stock?

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

How much does a share of Morgans Hotel Group stock cost?

One share of Morgans Hotel Group stock can currently be purchased for approximately $2.15.

Analyst Ratings

Consensus Ratings for Morgans Hotel Group (NASDAQ:MHGC) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Morgans Hotel Group (NASDAQ:MHGC)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/10/2016MKM PartnersUpgradeSell -> Neutral$2.25N/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Morgans Hotel Group (NASDAQ:MHGC)
Earnings by Quarter for Morgans Hotel Group (NASDAQ:MHGC)
Earnings History by Quarter for Morgans Hotel Group (NASDAQ:MHGC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/8/2016Q2($0.30)($0.30)$56.21 million$52.86 millionViewN/AView Earnings Details
3/10/2016Q415($0.23)$1.25$57.50 million$57.26 millionViewListenView Earnings Details
11/4/2015Q315($0.37)($0.34)$51.10 million$53.20 millionViewListenView Earnings Details
8/5/2015Q215($0.21)($0.31)$53.31 million$56.20 millionViewListenView Earnings Details
3/13/2015Q414$0.24($0.31)$65.20 million$62.38 millionViewListenView Earnings Details
11/7/2014Q314($0.40)($0.40)$59.80 million$55.51 millionViewListenView Earnings Details
8/8/2014Q2($0.26)($0.40)$62.60 million$61.45 millionViewListenView Earnings Details
5/8/2014Q313($0.50)($0.85)$54.40 million$55.62 millionViewN/AView Earnings Details
3/13/2014Q4 2013($0.18)($0.32)$64.87 millionViewN/AView Earnings Details
8/5/2013Q2 2013($0.52)($0.59)$25.74 million$31.45 millionViewN/AView Earnings Details
2/28/2013Q4 2012($0.20)($0.48)$57.90 million$54.80 millionViewListenView Earnings Details
11/1/2012Q312($0.37)($0.59)$46.20 million$44.04 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Morgans Hotel Group (NASDAQ:MHGC)
Current Year EPS Consensus Estimate: $-1.34 EPS
Next Year EPS Consensus Estimate: $-1.35 EPS


Dividend History for Morgans Hotel Group (NASDAQ:MHGC)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for Morgans Hotel Group (NASDAQ:MHGC)
No insider trades for this company have been tracked by


Headline Trends for Morgans Hotel Group (NASDAQ:MHGC)
Latest Headlines for Morgans Hotel Group (NASDAQ:MHGC)
DateHeadline logoAvison Young acquires Atlanta-based Hotel Assets Group, LLC - January 17 at 11:47 AM logoMORGANS HOTEL GROUP CO. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Notice of Delisting o - December 6 at 9:57 AM logoSBE Entertainment Concludes Morgans Hotel Acquisition - December 1 at 6:30 PM logo[$$] SBE Entertainment Concludes Morgans Hotel Acquisition - December 1 at 6:29 PM logoMORGANS HOTEL GROUP CO. Files SEC form 10-Q, Quarterly Report - November 9 at 5:58 PM logoMORGANS HOTEL GROUP CO. Files SEC form 8-K, Entry into a Material Definitive Agreement - November 9 at 5:58 PM logoBRIEF-MM Asset Management reports 5.20 pct passive stake in Morgans Hotel Group as of Sept. 20 - September 30 at 6:16 PM logoMorgans Hotel Shareholders Approve Sale of Company to SBE Entertainment - September 30 at 6:16 PM logo[$$] Morgans Hotel Shareholders Approve SBE Entertainment Deal - September 29 at 6:05 PM logoMORGANS HOTEL GROUP CO. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Regulation FD Disclo - September 26 at 6:07 PM logoMorgans Hotel Group (MHGC) Receives Revised Takeover Offer at $2.75/Share - September 14 at 6:15 PM logoMorgans Hotel Group spikes after new buyout offer arrives - September 14 at 12:18 PM logoClock ticking on Morgan Hotel Group buyout - September 11 at 5:37 PM logoNY Post: Potential buyer for Morgans Hotel backs out - August 15 at 6:23 PM logoBRIEF-Morgans Hotel Group qtrly loss per share $0.30 - August 9 at 9:20 AM logoMorgans Hotel Group (MHGC) Reports Q2 Loss of $0.30 - August 9 at 9:20 AM logoMORGANS HOTEL GROUP CO. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E - August 8 at 10:52 AM logoMORGANS HOTEL (MHGC) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Morgans Hotel Group Co.; Are Shareholders Getting a Fair Price? - June 23 at 8:41 AM logoSHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Morgans Hotel Group Co. Buyout - June 16 at 10:47 AM logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Morgans Hotel Group Co., Inc. - MHGC - May 19 at 9:36 PM logoMORGANS HOTEL GROUP CO. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders - May 18 at 4:07 PM



Morgans Hotel Group (MHGC) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff