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
SymbolNASDAQ:MHGC
CUSIP61748W10
Phone+1-212-2774100
Debt
Debt-to-Equity RatioN/A
Current Ratio0.07
Quick Ratio0.07
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-17.23%
Return on EquityN/A
Return on Assets-6.56%
Miscellaneous
Employees2,700
Outstanding Shares34,880,000
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) issued its 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 had revenue of $52.86 million for the quarter, compared to the consensus estimate of $56.21 million. View Morgans Hotel Group's Earnings History.
Has Morgans Hotel Group been receiving favorable news coverage?
Press coverage about MHGC stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Morgans Hotel Group earned a media sentiment score of 0.10 on Accern's scale. They also gave news coverage about the company an impact score of 46.33 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company'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.
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 (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.
