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. Shareholders 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) issued its earnings results on Tuesday, November, 26th. The information services provider reported $0.57 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.52 by $0.05. The information services provider earned $622.81 million during the quarter, compared to analyst estimates 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 issued an update on 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 1 year target prices for Momo's shares. Their forecasts range from $40.00 to $52.00. On average, they anticipate Momo's stock price to reach $44.73 in the next year. This suggests a possible upside of 44.3% 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.

News articles about MOMO stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Momo earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned news 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 company's share price in the near future. View News Stories for Momo.

Momo saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 5,520,000 shares, an increase of 9.1% from the January 15th total of 5,060,000 shares. Based on an average daily trading volume, of 3,140,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 3.3% of the company's shares are sold short. View Momo's Current Options Chain.

Some companies that are related to Momo include Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), Atlassian (TEAM), Check Point Software Technologies (CHKP), Twilio (TWLO), Okta (OKTA), SS&C Technologies (SSNC), Docusign (DOCU), Citrix Systems (CTXS), Tableau Software (DATA), Datadog (DDOG) and Crowdstrike (CRWD).

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), Weibo (WB), Netflix (NFLX) and Baozun (BZUN).

(MOMO) raised $216 million in an initial public offering on Thursday, December 11th 2014. The company issued 16,000,000 shares at $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 a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (6.43%), Pendal Group Ltd (5.60%), Prime Capital Management Co Ltd (2.52%), Platinum Investment Management Ltd. (2.13%), Genesis Investment Management LLP (1.91%) and Krane Funds Advisors LLC (0.87%). 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, Matthews International Capital Management LLC, Elephas Investment Management Ltd, Victory Capital Management Inc., Prime Capital Management Co Ltd, Swiss National Bank, Victory Capital Management Inc. and Bank of Montreal Can. View Insider Buying and Selling for Momo.

MOMO stock was bought by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Platinum Investment Management Ltd., Acadian Asset Management LLC, Oxford Asset Management LLP, Man Group plc, Bamco Inc. NY, Krane Funds Advisors LLC and Fred Alger Management LLC. 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 $31.00.

Momo has a market capitalization of $6.44 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]