Morgans 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
Industry N/A
Sub-IndustryHotels Resorts & Cruise Lines
SectorN/A
Phone+1-212-2774100
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees2,700
OptionableNot Optionable
Morgans Hotel Group (NASDAQ:MHGC) Frequently Asked Questions
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) released its quarterly earnings results on Monday, August, 8th. The company reported ($0.30) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.30). The business earned $52.86 million during the quarter, compared to analyst estimates of $56.21 million. View Morgans Hotel Group's Earnings History.
Has Morgans Hotel Group been receiving favorable news coverage?
News coverage about MHGC stock has trended somewhat negative this week, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Morgans Hotel Group earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future.
How do I buy shares of Morgans Hotel Group?
Shares of MHGC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Morgans Hotel Group's stock price today?
One share of MHGC stock can currently be purchased for approximately $2.15.
What is Morgans Hotel Group's official website?
How can I contact Morgans Hotel Group?
Morgans Hotel Group's mailing address is 475 10th Ave, NEW YORK, NY 10018-1120, United States. The company can be reached via phone at +1-212-2774100.
MarketBeat Community Rating for Morgans Hotel Group (NASDAQ MHGC)
MarketBeat's community ratings are surveys of what our community members think about Morgans Hotel Group and other stocks. Vote "Outperform" if you believe MHGC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MHGC will underperform the S&P 500 over the long term. You may vote once every thirty days.
