Match Group, Inc provides dating products worldwide. It operates a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, Pairs, and Hinge, as well as other brands. Match Group, Inc offers its dating products through its applications and Websites in approximately 40 languages. The company was incorporated in 2009 and is headquartered in Dallas, Texas.
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Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorComputer and Technology
Phone214-576-9352
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.73 billion
Profitability
Miscellaneous
Employees1,500
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable
Match Group (NASDAQ:MTCH) Frequently Asked Questions
What is Match Group's stock symbol?
Match Group trades on the NASDAQ under the ticker symbol "MTCH."
How often does Match Group pay dividends? What is the dividend yield for Match Group?
Match Group declared a special dividend on Thursday, November 8th. Investors of record on Wednesday, December 5th will be paid a dividend of $2.00 per share on Wednesday, December 19th. The ex-dividend date is Tuesday, December 4th. View Match Group's Dividend History.
How were Match Group's earnings last quarter?
Match Group Inc (NASDAQ:MTCH) issued its earnings results on Tuesday, August, 6th. The technology company reported $0.43 EPS for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.02. The technology company had revenue of $498 million for the quarter, compared to analyst estimates of $489.16 million. Match Group had a return on equity of 166.69% and a net margin of 26.51%. The firm's revenue for the quarter was up 18.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.45 earnings per share. View Match Group's Earnings History.
When is Match Group's next earnings date?
What price target have analysts set for MTCH?
16 brokerages have issued 1 year price objectives for Match Group's shares. Their forecasts range from $53.86 to $106.00. On average, they anticipate Match Group's stock price to reach $89.6550 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for Match Group.
What is the consensus analysts' recommendation for Match Group?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Match Group in the last year. There are currently 10 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Match Group.
What are Wall Street analysts saying about Match Group stock?
Here are some recent quotes from research analysts about Match Group stock:
- 1. SunTrust Banks, Inc. analysts commented, "We expect Tinder to once again print one of its best quarterly net adds ever, with further headroom to grow. Non-Tinder subs seem to have stabilized with legacy brands — Match and OkCupid, turning the corner given a bigger mktg push, while newer brands namely Harmonica are showing early promise. ST catalysts include pending divestiture from IAC and a buyback reload. MTCH’s 3Q19. For the last two quarters, Tinder has been the driving force behind the earnings beat by adding 503k and 384k net subscribers in 2Q19 and 1Q19, respectively. We believe 3Q19 is setting up to be another quarter with strong net adds (+450K) to build on the 5.2M aggregate Tinder subscribers reported last quarter." (9/5/2019)
- 2. Aegis analysts commented, "We had called for a MTCH spin from IAC in our predictions for the year (link) and IAC’s management essentially laid out the case, in our opinion, that MTCH, rather than ANGI, is likely to be the next spin (although we would not rule out a dual-spin). MTCH as a standalone company should see increased investor interest, particularly from investors with longer-term horizons, and MTCH could support the stock with increased share buybacks. We tweaked our 3Q19 and 4Q19 revenue estimates but left the full-year revenue unchanged. on page 2.2 AEGIS CAPITAL CORP. Our price target is $105 Valuation Methodology Our price target is based on a sum-of-the parts valuation on Ex-Match Adj." (9/4/2019)
- 3. According to Zacks Investment Research, "Match Group is the world’s foremost provider of dating products and operates a portfolio of more than 45 brands. The company enjoys a first mover’s advantage in the online dating market. The company's increase in its average subscriber base, driven primarily by solid contribution from Tinder is a key catalyst. Growing international presence and robust adoption of Tinder Gold subscription offering remains noteworthy. Further, sturdy synergies from Meetic, Match and PlentyOfFish bode well for the company. Notably, shares of the company have outperformed the industry in the past year. However, higher investments in Tinder along with higher-than-expected data costs and professional fees might limit margin expansion." (5/15/2019)
Has Match Group been receiving favorable news coverage?
News articles about MTCH stock have trended somewhat negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Match Group earned a news impact score of -1.3 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Match Group.
Are investors shorting Match Group?
Match Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 24,576,300 shares, an increase of 27.2% from the July 31st total of 19,322,800 shares. Based on an average daily trading volume, of 1,970,000 shares, the days-to-cover ratio is presently 12.5 days. Approximately 45.4% of the shares of the company are sold short. View Match Group's Current Options Chain.
Who are some of Match Group's key competitors?
Some companies that are related to Match Group include Baidu (BIDU), Twitter (TWTR), IHS Markit (INFO), Snap (SNAP), Zoom Video Communications (ZM), Yandex (YNDX), Weibo (WB), FactSet Research Systems (FDS), Trade Desk (TTD), Line (LN), 58.com (WUBA), Sabre (SABR), Wix.Com (WIX), HUYA (HUYA) and InterXion (INXN).
What other stocks do shareholders of Match Group own?
Who are Match Group's key executives?
Match Group's management team includes the folowing people:
- Ms. Amanda W. Ginsberg, CEO & Director (Age 50)
- Mr. Gary Swidler, Chief Financial Officer (Age 49)
- Mr. Jared F. Sine, Chief Legal Officer & Sec. (Age 40)
- Mr. Amarnath Thombre, Chief Exec. Officer of Match Group Americas (Age 46)
- Ms. Sharmistha Dubey, Pres (Age 48)
When did Match Group IPO?
(MTCH) raised $433 million in an initial public offering (IPO) on Thursday, November 19th 2015. The company issued 33,300,000 shares at a price of $12.00-$14.00 per share. J.P. Morgan, Allen & Company, BofA Merrill Lynch, Deutsche Bank Securities, BMO Capital Markets, Barclays and BNP PARIBAS acted as the underwriters for the IPO and Cowen and Company, Oppenheimer, PNC Capital Markets, SOCIETE GENERALE and Fifth Third Securities were co-managers.
Who are Match Group's major shareholders?
Match Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.25%), JPMorgan Chase & Co. (1.95%), Renaissance Technologies LLC (1.00%), BlackRock Inc. (0.81%), Wells Fargo & Company MN (0.59%) and AQR Capital Management LLC (0.45%). Company insiders that own Match Group stock include Amanda Ginsberg, Ann Mcdaniel, Gary Swidler, Gregory R Blatt, Jared F Sine, Philip D Eigenmann and Sharmistha Dubey. View Institutional Ownership Trends for Match Group.
Which major investors are selling Match Group stock?
MTCH stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., AQR Capital Management LLC, Artemis Investment Management LLP, Bank of New York Mellon Corp, BlackRock Inc., Wells Fargo & Company MN, Marshall Wace LLP and UBS Asset Management Americas Inc.. Company insiders that have sold Match Group company stock in the last year include Amanda Ginsberg, Ann Mcdaniel, Gary Swidler, Jared F Sine, Philip D Eigenmann and Sharmistha Dubey. View Insider Buying and Selling for Match Group.
Which major investors are buying Match Group stock?
MTCH stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, JPMorgan Chase & Co., Nuveen Asset Management LLC, Bank of America Corp DE, Gladstone Capital Management LLP, Janus Henderson Group PLC, Janus Henderson Group PLC and Strs Ohio. View Insider Buying and Selling for Match Group.
How do I buy shares of Match Group?
Shares of MTCH 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.
What is Match Group's stock price today?
One share of MTCH stock can currently be purchased for approximately $78.68.
How big of a company is Match Group?
Match Group has a market capitalization of $22.12 billion and generates $1.73 billion in revenue each year. The technology company earns $477.94 million in net income (profit) each year or $1.33 on an earnings per share basis. Match Group employs 1,500 workers across the globe.View Additional Information About Match Group.
What is Match Group's official website?
How can I contact Match Group?
Match Group's mailing address is 8750 North Central Expressway Suite 1400, Dallas TX, 75231. The technology company can be reached via phone at 214-576-9352 or via email at [email protected]
MarketBeat Community Rating for Match Group (NASDAQ MTCH)
MarketBeat's community ratings are surveys of what our community members think about Match Group and other stocks. Vote "Outperform" if you believe MTCH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MTCH will underperform the S&P 500 over the long term. You may vote once every thirty days.
