NASDAQ:MOMO - Momo Stock Price, Forecast & News

Momo trades on the NASDAQ under the ticker symbol "MOMO."

Momo declared a special dividend on Wednesday, March 13th. Investors of record on Friday, April 5th will be given a dividend of $0.62 per share on Tuesday, April 30th. The ex-dividend date is Thursday, April 4th. View Momo's Dividend History.

Momo Inc (NASDAQ:MOMO) announced its earnings results on Tuesday, November, 26th. The information services provider reported $0.57 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.52 by $0.05. The information services provider had revenue of $622.81 million for the quarter, compared to the consensus estimate of $613.62 million. Momo had a net margin of 15.84% and a return on equity of 23.03%. View Momo's Earnings History.

Momo is scheduled to release their next quarterly earnings announcement on Tuesday, March 10th 2020. View Earnings Estimates for Momo.

Momo updated its fourth quarter 2019 Pre-Market earnings guidance on Tuesday, November, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$632.8-646.8 million, compared to the consensus revenue estimate of $$631.58 million.

6 brokerages have issued 12 month price targets for Momo's shares. Their forecasts range from $40.00 to $52.00. On average, they anticipate Momo's share price to reach $44.73 in the next year. This suggests a possible upside of 38.5% from the stock's current price. View Analyst Price Targets for Momo.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Momo in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Momo.

Media coverage about MOMO stock has been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Momo earned a news sentiment score of 1.6 on InfoTrie's scale. They also assigned headlines about the information services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Momo.

Momo saw a increase in short interest in December. As of December 31st, there was short interest totalling 5,060,000 shares, an increase of 20.5% from the December 15th total of 4,200,000 shares. Based on an average trading volume of 2,480,000 shares, the short-interest ratio is presently 2.0 days. Currently, 3.0% of the company's shares are sold short. View Momo's Current Options Chain.

Some companies that are related to Momo include Square (SQ), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), NortonLifeLock (NLOK), Check Point Software Technologies (CHKP), Symantec (SYMC), Twilio (TWLO), SS&C Technologies (SSNC), Atlassian (TEAM), Citrix Systems (CTXS) and Okta (OKTA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Momo investors own include Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA), JD.Com (JD), Advanced Micro Devices (AMD), Baidu (BIDU), Square (SQ), Netflix (NFLX), Weibo (WB) and Baozun (BZUN).

(MOMO) raised $216 million in an initial public offering (IPO) on Thursday, December 11th 2014. The company issued 16,000,000 shares at a price of $12.50-$14.50 per share. Morgan Stanley, Credit Suisse, J.P. Morgan and China Renaissance served as the underwriters for the IPO.

Momo's stock is owned by many different of retail and institutional investors. Top institutional investors include Genesis Investment Management LLP (1.91%), Commerzbank Aktiengesellschaft FI (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), Brown University (0.01%), Hexavest Inc. (0.01%) and Groesbeck Investment Management Corp NJ (0.01%). View Institutional Ownership Trends for Momo.

MOMO stock was sold by a variety of institutional investors in the last quarter, including Genesis Investment Management LLP, Commerzbank Aktiengesellschaft FI, Groesbeck Investment Management Corp NJ, Hexavest Inc., DAVENPORT & Co LLC and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for Momo.

MOMO stock was bought by a variety of institutional investors in the last quarter, including Brown University, Campbell & CO Investment Adviser LLC and Assenagon Asset Management S.A.. View Insider Buying and Selling for Momo.

Shares of MOMO 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, Robinhood, Fidelity and Charles Schwab.

One share of MOMO stock can currently be purchased for approximately $32.31.

Momo has a market capitalization of $6.71 billion and generates $1.95 billion in revenue each year. The information services provider earns $409.54 million in net income (profit) each year or $1.96 on an earnings per share basis. Momo employs 2,147 workers across the globe.View Additional Information About Momo.

The official website for Momo is http://www.immomo.com/.

Momo's mailing address is 20/F BLOCK B TOWER 2 WANGJING SOHO NO.1 FUTONGDONG STREET CHAOYANG DISTRICT, BEIJING F4, 100102. The information services provider can be reached via phone at 86-10-5731-0567 or via email at [email protected]