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 paid a dividend of $0.62 per share on Tuesday, April 30th. The ex-dividend date of this dividend is Thursday, April 4th. View Momo's Dividend History.

Momo Inc (NASDAQ:MOMO) released its quarterly earnings data on Tuesday, November, 26th. The information services provider reported $0.57 earnings per share for the quarter, topping 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 brokers have issued 12-month target prices 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 twelve months. This suggests a possible upside of 24.8% 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 headlines about MOMO stock have trended somewhat negative this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Momo earned a news impact score of -1.5 on InfoTrie's scale. They also gave media coverage about the information services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. 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 days-to-cover ratio is presently 2.0 days. Approximately 3.0% of the company's shares are short sold. 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), NortonLifeLock (NLOK), Symantec (SYMC), Check Point Software Technologies (CHKP), Paycom Software (PAYC), Twilio (TWLO), Atlassian (TEAM), SS&C Technologies (SSNC), Okta (OKTA) and Citrix Systems (CTXS).

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 IPO 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 acted as the underwriters for the IPO.

Momo's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.05%), Zurcher Kantonalbank Zurich Cantonalbank (0.02%), Hexavest Inc. (0.01%) and Assenagon Asset Management S.A. (0.00%). View Institutional Ownership Trends for Momo.

MOMO stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Hexavest Inc. and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for Momo.

MOMO stock was purchased by a variety of institutional investors in the last quarter, including 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 $35.83.

Momo has a market capitalization of $7.44 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]