Morgans Hotel Group Company Profile (NASDAQ:MHGC)

About Morgans Hotel Group

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:

Sector: Consumer Discretionary
Industry: Lodging
Sub-Industry: Hotels Resorts & Cruise Lines
Exchange: NASDAQ
Symbol: MHGC
CUSIP: 61748W10

Key Metrics:

Previous Close: $2.18
50 Day Moving Average: $2.19
200 Day Moving Average: $1.98
52-Week Range: $34,874,000.00 - $0.79
Trailing P/E Ratio: 8.62
Foreward P/E Ratio: -1.61
P/E Growth: -0.16
Market Cap: $76.03M
Outstanding Shares: 34,874,000
Beta: 1.61

Profitability:

Net Margins: 12.52%
Return on Equity: -8.96%
Return on Assets: 5.10%

Debt:

Current Ratio: 0.07%
Quick Ratio: 0.07%

Additional Links:

Companies Related to Morgans Hotel Group:

Consensus Ratings for Morgans Hotel Group (NASDAQ:MHGC) (?)

Ratings Breakdown:	1 Hold Rating
Consensus Rating:	Hold (Score: 2.00)
Consensus Price Target:	$2.25 (3.21% upside)

Analysts' Ratings History for Morgans Hotel Group (NASDAQ:MHGC)

Show:

Date	Firm	Action	Rating	Price Target	Details
5/10/2016	MKM Partners	Upgrade	Sell -> Neutral	$2.25

(Data available from 9/25/2014 forward)

Earnings History for Morgans Hotel Group (NASDAQ:MHGC)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
11/2/2016
8/8/2016	Q2	($0.30)	($0.30)	$56.21 million	$52.86 million	View	N/A
5/9/2016	Q1	($0.41)	($0.37)			View	Listen
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
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		($0.18)	($0.32)			View	N/A
8/5/2013	Q2 2013	($0.52)	($0.59)	$25.74 million	$31.45 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

(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 MarketBeat.com

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

Latest Headlines for Morgans Hotel Group (NASDAQ:MHGC)

Date	Headline
	sbe Faces Rival Bid for Morgans Hotel Group (NASDAQ:MHGC) www.hotelbusiness.com - September 16 at 9:25 AM
	Morgans Receives Takeover Bid (NASDAQ:MHGC) hotelnewsresource.mobi - September 15 at 4:08 PM
	Morgans Hotel Group Takeover (NASDAQ:MHGC) www.hotelnewsresource.com - September 15 at 4:08 PM
	M&A activity from the US session (NASDAQ:MHGC) portal.ransquawk.com - September 14 at 6:15 PM
	Morgans Hotel Group (MHGC) Stock: Gaining On Takeover Offer (NASDAQ:MHGC) cnafinance.com - September 14 at 6:15 PM
	Morgans Hotel Group (MHGC) Receives Revised Takeover Offer at $2.75/Share (NASDAQ:MHGC) www.streetinsider.com - September 14 at 6:15 PM
	Morgans Receives Revised Takeover Proposal and Will Adjourn Special Meeting of Stockholders to Evaluate (NASDAQ:MHGC) www.publicnow.com - September 14 at 6:15 PM
	BRIEF-Morgans Hotel Group gets $2.75/share revised takeover proposal (NASDAQ:MHGC) feeds.reuters.com - September 14 at 12:18 PM
	Morgans Hotel Group spikes after new buyout offer arrives (NASDAQ:MHGC) seekingalpha.com - September 14 at 12:18 PM
	Clock ticking on Morgan Hotel Group buyout (NASDAQ:MHGC) seekingalpha.com - September 11 at 5:37 PM
	ETF’s with exposure to Morgans Hotel Group Co. : September 1, 2016 (NASDAQ:MHGC) www.capitalcube.com - September 1 at 6:01 PM
	NY Post: Potential buyer for Morgans Hotel backs out (NASDAQ:MHGC) seekingalpha.com - August 15 at 6:23 PM
	Morgans Hotel Group Co. :MHGC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NASDAQ:MHGC) www.capitalcube.com - August 12 at 6:16 PM
	BRIEF-Morgans Hotel Group qtrly loss per share $0.30 (NASDAQ:MHGC) www.reuters.com - August 9 at 9:20 AM
	MORGANS HOTEL GROUP CO. : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NASDAQ:MHGC) www.4-traders.com - August 9 at 9:20 AM
	Morgans Hotel Group (MHGC) Reports Q2 Loss of $0.30 (NASDAQ:MHGC) www.streetinsider.com - August 9 at 9:20 AM
	Morgans reports 2Q loss (NASDAQ:MHGC) sg.finance.yahoo.com - August 8 at 10:52 AM
	MORGANS HOTEL GROUP CO. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E (NASDAQ:MHGC) biz.yahoo.com - August 8 at 10:52 AM
	Morgans Hotel Group Reports Second Quarter 2016 Results (NASDAQ:MHGC) www.publicnow.com - August 8 at 10:52 AM
	Morgans Hotel Group Co. (MHGC) Jumps 17.65% on July 26 (NASDAQ:MHGC) www.equities.com - July 27 at 9:07 AM
	Morgans Hotel Group launches Modern Classic campaign (NASDAQ:MHGC) www.incentivetravel.co.uk - July 23 at 10:06 AM
	An Unforgettable Art Experience in London (NASDAQ:MHGC) robbreport.com - July 12 at 6:25 PM
	MORGANS 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? (NASDAQ:MHGC) finance.yahoo.com - June 23 at 8:41 AM
	SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Morgans Hotel Group Co. Buyout (NASDAQ:MHGC) finance.yahoo.com - June 16 at 10:47 AM
	$794M Morgan Hotels-SBEEG Merger Hit With Class Challenge (NASDAQ:MHGC) www.law360.com - June 11 at 8:58 AM
	MORGANS HOTEL GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price & Process… (NASDAQ:MHGC) www.southcarolinasc.com - June 9 at 6:27 PM
	Baird’s Loeb offers comments on timely issues (NASDAQ:MHGC) hotelsmag.com - June 8 at 6:32 PM
	SBE acquires Morgans Hotel Group for $794 million; Fried Frank acts as counsel (NASDAQ:MHGC) cre.nyrej.com - June 7 at 8:49 AM
	Expert Says Hotel Sector is Healthy, But Aging (NASDAQ:MHGC) www.globest.com - June 3 at 8:57 AM
	Morgans Hotel Group Co. (MHGC) is Trading Higher on Unusual Volume for May 18 (NASDAQ:MHGC) www.equities.com - May 20 at 2:36 PM
	Acquisition of Morgans Hotel Group Co. (NASDAQ:MHGC) by SBE Faces Investigation for Investors (NASDAQ:MHGC) www.digitaljournal.com - May 20 at 2:36 PM
	SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Morgans Hotel Group Co., Inc. - MHGC (NASDAQ:MHGC) finance.yahoo.com - May 19 at 9:36 PM
	MORGANS HOTEL GROUP CO. Financials (NASDAQ:MHGC) finance.yahoo.com - May 19 at 1:04 PM
	MORGANS HOTEL GROUP CO. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:MHGC) biz.yahoo.com - May 18 at 4:07 PM
	How the SBE-Morgans deal finally came together (NASDAQ:MHGC) therealdeal.com - May 17 at 9:46 PM
	Morgans Hotel Group Co. :MHGC-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:MHGC) www.capitalcube.com - May 17 at 1:09 PM
	INVESTOR ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Morgans Hotel Group Co. and Encourages Shareholders to Contact the Firm for Additional Information (NASDAQ:MHGC) finance.yahoo.com - May 13 at 11:15 PM
	MORGANS HOTEL GROUP INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Morgans Hotel Group Co. (NASDAQ:MHGC) finance.yahoo.com - May 13 at 5:50 PM
	Morgans Hotel Group Co. (MHGC): Pine River Capital Management Supports SBEEG Holdings’ Acquisition (NASDAQ:MHGC) feedproxy.google.com - May 11 at 3:02 PM
	Morgans Hotel Group Co. (MHGC): Pine River Capital Management Supports SBEEG Holdings’ Acquisition (NASDAQ:MHGC) www.insidermonkey.com - May 11 at 2:59 PM
	Morgans Hotel Group Co. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with SBEEG Holdings, LLC (NASDAQ:MHGC) finance.yahoo.com - May 11 at 1:44 PM
	SBE to Acquire Morgans Hotel Group (MHGC) in $794M Deal (NASDAQ:MHGC) www.streetinsider.com - May 11 at 8:10 AM
	Nazarian’s SBE to buy Morgans Hotel Group (NASDAQ:MHGC) www.bizjournals.com - May 10 at 11:05 PM
	SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Morgans Hotel Group Co. and Encourages Investors to Contact the Firm for Additional Information (NASDAQ:MHGC) finance.yahoo.com - May 10 at 4:47 PM
	MORGANS HOTEL GROUP CO. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout (NASDAQ:MHGC) finance.yahoo.com - May 10 at 11:05 AM
	Morgans Hotel Group upgraded by MKM Partners (NASDAQ:MHGC) finance.yahoo.com - May 10 at 10:31 AM
	High-end Morgans hotel chain dealt to SBE for $82 million (NASDAQ:MHGC) www.marketwatch.com - May 10 at 8:38 AM
	Morgans Hotel Group Co. (MHGC) Jumps 9.95% on May 09 (NASDAQ:MHGC) www.equities.com - May 10 at 8:38 AM
	SBE Entertainment to Acquire Morgans Hotel Group (NASDAQ:MHGC) www.wsj.com - May 10 at 8:38 AM
	Morgans Hotel Group: New Home For Its Hotels, Execution Risk Grossly Mispriced (NASDAQ:MHGC) seekingalpha.com - May 10 at 8:38 AM