KeyCorp Has Positive Outlook of Mastercard FY2025 Earnings

Mastercard Incorporated (NYSE:MA) – Stock analysts at KeyCorp increased their FY2025 earnings per share (EPS) estimates for shares of Mastercard in a research note issued to investors on Friday, January 23rd. KeyCorp analyst A. Schmidt now forecasts that the credit services provider will post earnings per share of $16.48 for the year, up from their previous estimate of $16.41. KeyCorp currently has a “Strong-Buy” rating on the stock. The consensus estimate for Mastercard’s current full-year earnings is $15.91 per share. KeyCorp also issued estimates for Mastercard’s Q4 2025 earnings at $4.24 EPS, Q1 2026 earnings at $4.31 EPS, Q2 2026 earnings at $4.86 EPS, Q3 2026 earnings at $5.13 EPS, Q4 2026 earnings at $4.95 EPS, FY2026 earnings at $19.25 EPS and FY2027 earnings at $22.33 EPS.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, October 30th. The credit services provider reported $4.38 earnings per share for the quarter, beating the consensus estimate of $4.31 by $0.07. Mastercard had a return on equity of 202.03% and a net margin of 45.28%.The business had revenue of $8.60 billion during the quarter, compared to analysts’ expectations of $8.53 billion. During the same quarter last year, the business posted $3.89 earnings per share. The company’s quarterly revenue was up 16.7% on a year-over-year basis.

MA has been the topic of several other research reports. TD Cowen restated a “buy” rating on shares of Mastercard in a research report on Monday, January 12th. Compass Point raised Mastercard from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $620.00 to $735.00 in a research note on Tuesday, January 13th. Robert W. Baird lifted their target price on Mastercard from $640.00 to $660.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Royal Bank Of Canada upped their target price on Mastercard from $645.00 to $654.00 and gave the company a “buy” rating in a report on Friday, October 31st. Finally, Truist Financial set a $609.00 price target on Mastercard in a research report on Tuesday, January 20th. Four research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $661.24.

Mastercard Stock Performance

Shares of MA opened at $524.67 on Monday. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.12 and a quick ratio of 1.12. The firm’s 50 day moving average is $554.82 and its 200-day moving average is $565.36. Mastercard has a 12-month low of $465.59 and a 12-month high of $601.77. The stock has a market capitalization of $471.15 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.78 and a beta of 0.86.

Mastercard Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Friday, January 9th will be paid a $0.87 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $3.48 annualized dividend and a yield of 0.7%. This is an increase from Mastercard’s previous quarterly dividend of $0.76. Mastercard’s dividend payout ratio (DPR) is currently 22.25%.

Hedge Funds Weigh In On Mastercard

A number of large investors have recently made changes to their positions in MA. Bingham Private Wealth LLC purchased a new stake in shares of Mastercard in the fourth quarter worth approximately $1,398,000. Sunpointe LLC grew its position in Mastercard by 2.3% during the fourth quarter. Sunpointe LLC now owns 1,336 shares of the credit services provider’s stock valued at $763,000 after purchasing an additional 30 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Mastercard by 43.6% in the 4th quarter. Farther Finance Advisors LLC now owns 28,380 shares of the credit services provider’s stock valued at $16,202,000 after buying an additional 8,611 shares during the period. ZWJ Investment Counsel Inc. lifted its position in Mastercard by 14.6% in the 4th quarter. ZWJ Investment Counsel Inc. now owns 1,321 shares of the credit services provider’s stock worth $754,000 after buying an additional 168 shares in the last quarter. Finally, Freestone Capital Holdings LLC boosted its stake in shares of Mastercard by 2.2% during the 4th quarter. Freestone Capital Holdings LLC now owns 29,242 shares of the credit services provider’s stock valued at $16,694,000 after buying an additional 634 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Compass Point analyst upgrade and higher price target lift sentiment for MA; the firm moved Mastercard from Neutral to Buy and raised its target (reported via TheFly / InsiderMonkey), supporting upside expectations. Read More.
• Positive Sentiment: Zacks previews next week’s earnings and expects Mastercard to have the attributes for an earnings beat, which could be a catalyst if results and guidance exceed market forecasts. Read More.
• Positive Sentiment: Mastercard’s partnership with Agoda enables instant travel redemptions in loyalty programs, accelerating experience-driven, digital-first rewards—potentially increasing cardholder engagement and merchant/issuer revenue. Read More.
• Positive Sentiment: Brand and premium-placement news: ONEflight International becomes the Official Private Aviation Partner of the McLaren‑Mastercard F1 Team—high-visibility partnership that supports Mastercard’s premium/brand strategy. Read More.
• Positive Sentiment: Product/acceptance expansion: Phuket Smart Bus adds contactless card payments with Mastercard—incremental adoption in tourism markets supports transaction volume growth in travel-related corridors. Read More.
• Neutral Sentiment: Marketing leadership changes: Mastercard named Alexandra Sloane VP of integrated marketing & communications and also appointed an Optus executive as VP of marketing/comms (Australia). These hires support brand/communications execution but are unlikely to move fundamentals near‑term. Read More. Read More.
• Neutral Sentiment: Routine calendar item: Mastercard is scheduled to release quarterly earnings on Thursday—investors are positioning ahead of the print, increasing sensitivity to any guidance or beats/misses. Read More.
• Negative Sentiment: Legal/partner risk: London fintech Guavapay’s founder resigned ahead of a court battle with Mastercard—this could indicate localized legal or reputational frictions, though direct financial impact appears limited at this stage. Read More.

About Mastercard

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.