NYSE:MSCStudio City International Stock Price, Forecast & News

Studio City International's stock was trading at $18.00 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MSC shares have decreased by 9.3% and is now trading at $16.3282. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Studio City International in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Studio City International.

Studio City International is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Studio City International.

Studio City International Holdings Ltd (NYSE:MSC) released its quarterly earnings results on Thursday, May, 14th. The company reported ($1.12) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($1.38) by $0.26. The business had revenue of $37.07 million for the quarter. Studio City International had a negative net margin of 8.11% and a negative return on equity of 2.72%. View Studio City International's earnings history.

2 analysts have issued twelve-month price objectives for Studio City International's shares. Their forecasts range from $16.10 to $16.10. On average, they expect Studio City International's share price to reach $16.10 in the next twelve months. This suggests that the stock has a possible downside of 1.4%. View analysts' price targets for Studio City International.

Media headlines about MSC stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Studio City International earned a news sentiment score of 0.7 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutStudio City International.

Some companies that are related to Studio City International include Choice Hotels International (CHH), Wyndham Hotels & Resorts (WH), Penn National Gaming (PENN), Eldorado Resorts (ERI), Park Hotels & Resorts (PK), Wyndham Destinations (WYND), Boyd Gaming (BYD), Extended Stay America (STAY), Sunstone Hotel Investors (SHO), Red Rock Resorts (RRR), GreenTree Hospitality Group (GHG), Xenia Hotels & Resorts (XHR), Monarch Casino & Resort (MCRI), Twin River Worldwide (TRWH) and Playa Hotels & Resorts (PLYA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Studio City International investors own include Ring Energy (REI), Ring Energy (REI), Cohu (COHU), Energy Transfer LP Unit (ET), General Motors (GM), Huntington Bancshares (HBAN), Harley-Davidson (HOG), Invesco (IVZ), KeyCorp (KEY) and NeoPhotonics (NPTN).

(MSC) raised $331 million in an initial public offering (IPO) on Thursday, October 18th 2018. The company issued 28,800,000 shares at a price of $10.50-$12.50 per share. Deutsche Bank Securities, Credit Suisse and Morgan Stanley served as the underwriters for the IPO.

Studio City International trades on the New York Stock Exchange (NYSE) under the ticker symbol "MSC."

Studio City International's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Silver Point Capital L.P. (13.74%).

MSC stock was purchased by a variety of institutional investors in the last quarter, including Silver Point Capital L.P..

Shares of MSC 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 MSC stock can currently be purchased for approximately $16.33.

Studio City International has a market capitalization of $1.28 billion and generates $626.73 million in revenue each year. The company earns $43.63 million in net income (profit) each year or $0.75 on an earnings per share basis. Studio City International employs 4,485 workers across the globe.

The official website for Studio City International is www.studiocity-macau.com.

Studio City International's mailing address is 36TH FLOOR THE CENTRIUM 60 WYNDHAM STREET, HONG KONG K3, 999077. The company can be reached via phone at 852-2598-3600.