About Morgans Hotel Group (NASDAQ:MHGC)
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) announced its earnings results on Monday, August, 8th. The company reported ($0.30) earnings per share for the quarter, meeting the consensus estimate of ($0.30). The firm 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?
Headlines about MHGC stock have trended positive this week, according to Accern Sentiment. The research group identifies positive and negative media coverage by monitoring 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 news sentiment score of 0.41 on Accern's scale. They also assigned media headlines about the company an impact score of 45.77 out of 100, indicating that recent media coverage is somewhat unlikely 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.
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.
Morgans Hotel Group (NASDAQ:MHGC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | N/A | N/A | N/A | N/A |
| Consensus Rating Score: | N/A | N/A | N/A | N/A |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | N/A | N/A | N/A | N/A |
| Price Target Upside: | N/A | N/A | N/A | N/A |
Morgans Hotel Group (NASDAQ:MHGC) Consensus Price Target History
Morgans Hotel Group (NASDAQ:MHGC) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/10/2016 | MKM Partners | Upgrade | Sell -> Neutral | $2.25 | N/A |  |
(Data available from 4/26/2016 forward)
Morgans Hotel Group (NASDAQ:MHGC) Earnings History and Estimates Chart
Morgans Hotel Group (NASDAQ MHGC) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/8/2016 | Q2 | ($0.30) | ($0.30) | $56.21 million | $52.86 million | View | N/A | |
| 5/9/2016 | Q1 2016 | | ($0.38) | | $51.02 million | View | N/A | |
| 3/10/2016 | Q415 | ($0.23) | $1.25 | $57.50 million | $57.26 million | View | Listen | |
| 11/4/2015 | Q315 | ($0.37) | ($0.34) | $51.10 million | $53.20 million | View | Listen | |
| 8/5/2015 | Q215 | ($0.21) | ($0.31) | $53.31 million | $56.20 million | View | Listen | |
| 5/8/2015 | Q1 2015 | | ($0.49) | | $53.31 million | View | N/A | |
| 3/13/2015 | Q414 | $0.24 | ($0.31) | $65.20 million | $62.38 million | View | Listen | |
| 11/7/2014 | Q314 | ($0.40) | ($0.40) | $59.80 million | $55.51 million | View | Listen | |
| 8/8/2014 | Q2 | ($0.26) | ($0.40) | $62.60 million | $61.45 million | View | Listen | |
| 5/8/2014 | Q313 | ($0.50) | ($0.85) | $54.40 million | $55.62 million | View | N/A | |
| 3/13/2014 | Q4 2013 | ($0.18) | ($0.32) | | $64.87 million | View | N/A | |
| 11/6/2013 | Q3 2013 | | ($0.44) | | $58.26 million | View | N/A | |
| 8/5/2013 | Q2 2013 | ($0.52) | ($0.59) | $25.74 million | $31.45 million | View | N/A | |
| 4/29/2013 | Q1 2013 | | ($0.43) | | $47.68 million | View | N/A | |
| 2/28/2013 | Q4 2012 | ($0.20) | ($0.48) | $57.90 million | $54.80 million | View | Listen | |
| 11/1/2012 | Q312 | ($0.37) | ($0.59) | $46.20 million | $44.04 million | View | N/A | |
| 7/30/2012 | Q2 2012 | ($0.35) | ($0.51) | | | View | N/A | |
| 5/1/2012 | Q1 2012 | ($0.35) | ($0.54) | | | View | N/A | |
| 2/28/2012 | Q4 2011 | ($0.28) | ($0.37) | | | View | N/A | |
| 11/7/2011 | Q3 2011 | ($0.35) | ($0.89) | | | View | N/A | |
| 8/2/2011 | Q2 2011 | ($0.29) | ($0.34) | | | View | N/A | |
| 5/2/2011 | Q1 2011 | ($0.46) | ($0.97) | | | View | N/A | |
| 3/1/2011 | Q4 2010 | ($0.18) | ($0.27) | | | View | N/A | |
| 11/3/2010 | Q3 2010 | ($0.33) | ($0.49) | | | View | N/A | |
| 8/5/2010 | Q2 2010 | ($0.29) | ($0.75) | | | View | N/A | |
| 5/5/2010 | Q1 2010 | ($0.44) | ($0.69) | | | View | N/A | |
| 2/25/2010 | Q4 2009 | ($0.31) | ($0.90) | | | View | N/A | |
| 10/26/2009 | Q3 2009 | ($0.38) | ($0.35) | | | View | N/A | |
| 8/10/2009 | Q2 2009 | ($0.37) | ($0.34) | | | View | N/A | |
| 5/4/2009 | Q1 2009 | ($0.40) | ($0.33) | | | View | N/A | |
| 2/26/2009 | Q4 2008 | ($0.16) | ($0.40) | | | View | N/A | |
| 11/5/2008 | Q3 2008 | ($0.14) | ($0.29) | | | View | N/A | |
| 8/6/2008 | Q2 2008 | ($0.05) | ($0.02) | | | View | N/A | |
| 5/8/2008 | Q1 2008 | ($0.16) | ($0.22) | | | View | N/A | |
| 3/12/2008 | Q4 2007 | $0.17 | ($0.18) | | | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
Morgans Hotel Group (NASDAQ:MHGC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Morgans Hotel Group (NASDAQ MHGC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.80%
Institutional Ownership Percentage: 33.16%
Morgans Hotel Group (NASDAQ MHGC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Morgans Hotel Group (NASDAQ MHGC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Katsuya Continues Global Expansion With Opening Of Two More Locations In Middle East
www.bizjournals.com - October 24 at 5:42 AM |
| Umami Burger x IMPOSSIBLE x Jaden Smith Launch Party
www.bizjournals.com - October 14 at 3:12 AM |
 | Financial Comparison: Morgans Hotel Group (MHGC) versus La Quinta Holdings (LQ)
www.americanbankingnews.com - September 26 at 10:10 PM |
| La Quinta Holdings (LQ) & Morgans Hotel Group (MHGC) Head-To-Head Analysis
www.americanbankingnews.com - September 26 at 2:44 AM |
| La Quinta Holdings (LQ) and Morgans Hotel Group (MHGC) Critical Review
www.americanbankingnews.com - September 16 at 2:30 AM |
| Morgans Hotel Group (NASDAQ:MHGC) and Red Lion Hotels Corporation (RLH) Financial Review
www.americanbankingnews.com - August 3 at 8:48 PM |
| Morgans Hotel Group (MHGC) & Belmond (BEL) Financial Contrast
www.americanbankingnews.com - July 24 at 12:05 AM |
| Choice Hotels International (CHH) & Morgans Hotel Group (MHGC) Head-To-Head Contrast
www.americanbankingnews.com - July 18 at 12:27 AM |
| Head-To-Head Analysis: Morgans Hotel Group (NASDAQ:MHGC) and Marcus Corporation (The) (MCS)
www.americanbankingnews.com - July 5 at 8:54 AM |
 | Avison Young acquires Atlanta-based Hotel Assets Group, LLC
www.prnewswire.com - January 17 at 11:47 AM |
 | MORGANS HOTEL GROUP CO. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Notice of Delisting o
biz.yahoo.com - December 6 at 9:57 AM |
 | SBE Entertainment Concludes Morgans Hotel Acquisition
www.wsj.com - December 1 at 6:30 PM |
| [$$] SBE Entertainment Concludes Morgans Hotel Acquisition
www.wsj.com - December 1 at 6:29 PM |
| MORGANS HOTEL GROUP CO. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 9 at 5:58 PM |
| MORGANS HOTEL GROUP CO. Files SEC form 8-K, Entry into a Material Definitive Agreement
biz.yahoo.com - November 9 at 5:58 PM |
 | BRIEF-MM Asset Management reports 5.20 pct passive stake in Morgans Hotel Group as of Sept. 20
www.reuters.com - September 30 at 6:16 PM |
| Morgans Hotel Shareholders Approve Sale of Company to SBE Entertainment
www.wsj.com - September 30 at 6:16 PM |
| [$$] Morgans Hotel Shareholders Approve SBE Entertainment Deal
www.wsj.com - September 29 at 6:05 PM |
| MORGANS HOTEL GROUP CO. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Regulation FD Disclo
biz.yahoo.com - September 26 at 6:07 PM |
 | Morgans Hotel Group (MHGC) Receives Revised Takeover Offer at $2.75/Share
www.streetinsider.com - September 14 at 6:15 PM |
 | Morgans Hotel Group spikes after new buyout offer arrives
seekingalpha.com - September 14 at 12:18 PM |
| Clock ticking on Morgan Hotel Group buyout
seekingalpha.com - September 11 at 5:37 PM |
| NY Post: Potential buyer for Morgans Hotel backs out
seekingalpha.com - August 15 at 6:23 PM |
| BRIEF-Morgans Hotel Group qtrly loss per share $0.30
www.reuters.com - August 9 at 9:20 AM |
| Morgans Hotel Group (MHGC) Reports Q2 Loss of $0.30
www.streetinsider.com - August 9 at 9:20 AM |
| MORGANS HOTEL GROUP CO. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E
biz.yahoo.com - August 8 at 10:52 AM |
| MORGANS HOTEL GROUP CO. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - May 18 at 4:07 PM |
Morgans Hotel Group (NASDAQ:MHGC) SEC Filings
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Morgans Hotel Group (NASDAQ:MHGC) Income Statement, Balance Sheet and Cash Flow Statement
Morgans Hotel Group (NASDAQ MHGC) Stock Chart for Thursday, April, 26, 2018
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