MTN Group (JSE:MTN) - Stock Price, News & Analysis - Simply Wall St (2024)

FAQs

What is the price prediction for MTN shares? ›

MTN Group Ltd quote is equal to 12730.00 ZAC at 2023-04-06. Based on our forecasts, a long-term increase is expected, the "MTN" stock price prognosis for 2028-03-31 is 29684.29 ZAC. With a 5-year investment, the revenue is expected to be around +133.18%. Your current $100 investment may be up to $233.18 in 2028.

MTN's p/e ratio decreased in 2018 (26.5x, -31.1%), 2019 (16.5x, -37.9%), 2020 (6.4x, -61.0%), and 2022 (12.0x, -58.4%) and increased in 2021 (28.9x, +348.8%).

The current share price of MTN Group Ltd (MTN) is ZAR 130.45. MTN closed its last trading day (Thursday, April 6, 2023) at 129.32 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.4% gain over its previous closing price of 127.56 ZAR.

Is MTRN Stock a Buy? Based on a single Buy rating by Keybanc analyst Philip Gibbs, MTRN stock has a Moderate Buy consensus rating.

One of the most obvious benefits of buying MTN shares is that you become a Part-owner of MTN Nigeria. And because it is a disciplined, well managed and governed company, its market efficiency makes it a great stock to invest in.

55 billion final dividend, culminating in N10 per share due to every shareholder of the company for the 2022 financial year.

MTN Nigeria Communications Plc declares a final dividend of 10.00 NGN per share - AfricanFinancials.

What is a good price to share ratio? ›

Analysts prefer to see a lower number for the ratio. A ratio of less than 1 indicates that investors are investing less than $1 for every $1 the company earns in revenue.

A “good” P/E ratio isn't necessarily a high ratio or a low ratio on its own. The market average P/E ratio currently ranges from 20-25, so a higher PE above that could be considered bad, while a lower PE ratio could be considered better.

If more people want to buy a stock (demand) than sell it (supply), then the price moves up. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall.

What Is MTN Share and Sell Default PIN? The MTN Share and Sell default PIN is 0000. That is to say zeros into four places. From your text messaging app on your phone, type '0000 Unique PIN Unique PIN' and send it to 777 where 0000 is your default PIN.

Best time of day to buy stocks -

The Indian stock market operates from 9:30AM to 3:15PM. Intraday traders who buy and sell stocks within a given day most often consider 9:30AM to 10:30AM an ideal time to trade.

Once shares have been allotted, they are freely tradable on the NGX and can be sold through registered trading platforms, or your stockbroker. However, MTN is offering a promo in the form of 1 free share for every 20 shares purchased and held for 12 months after the shares are allotted to subscribers.

MTN Zakhele Futhi shareholders can either retain, buy additional or sell their shares by using one of the following trading options: The Facilitated Trading Process; or. The Independent Trading Process.

What are the benefits of buying MTN share? ›

Guaranteed value for money as you get an additional unit for every 20 units of MTN Stocks purchased. Take advantage of this opportunity to own part of the company and make money at the run. MTN made N415 billion in the 3rd Quarter of 2021 and posted a gain of N1. 5 trillion in the First 9 Months of 2021.

MTN Group Limited announced that a gross final dividend of 330 cents per share (2021: 300 cents per share) for the period to 31 December 2022 has been declared and will be paid out of revenue reserves. First trading day ex dividend is 4 April 2023. Record date is 6 April 2023 and Payment date is 11 April 2023.

Chubb Limited (NYSE:CB) holds one of the longest dividend payout records, paying uninterrupted dividends to shareholders for the past 121 years. The company also holds a 29-year streak of dividend growth. It offers a quarterly dividend of $0.83 per share and has a dividend yield of 1.60%, as recorded on March 7.

The richest man in Nigeria is Aliko Dangote. As of October 2021, he had a net worth of 13.6 billion U.S. dollars, ranking 161st worldwide. Aliko Dangote is also the richest man in Africa.

So, what counts as a “good” dividend payout ratio? Generally speaking, a dividend payout ratio of 30-50% is considered healthy, while anything over 50% could be unsustainable.

The formula to calculate dividend yield is a fairly simple one, and you don't need any special math or financial training to be able to do it for any dividend stocks you own. All you have to do is divide the annual dividend by the current stock price, and you'll get the dividend yield.

As far as Nifty is concerned, it has traded in a PE range of 10 to 30 historically. Average PE of Nifty in the last 20 years was around 20.* So PEs below 20 may provide good investment opportunities; lower the PE below 20, more attractive the investment potential.

Is it good to buy high PE stocks? ›

Price Earnings (P/E) ratio is one of the most popular ways of valuing a stock. The thumb rule is that a low P/E ratio is a sign of undervaluation while a high P/E ratio is a sign of overvaluation. But such an approach of purely using P/E Ratio to Value a stock is fraught with risks.

According to Best Buy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6777. At the end of 2021 the company had a P/E ratio of 9.72.

Due to their market value, they are considered less volatile. Hence investors invest in high-priced stocks because they are known for their long-term capabilities of generating returns.

Again, these ratios are often used in a comparative sense, so what's good or bad is often dependent on what you're comparing it against. To give you some sense of what average for the market is, though, many value investors would refer to 20 to 25 as the average P/E ratio range.

While average ratios, as well as those considered “good” and “bad”, can vary substantially from sector to sector, a return on equity ratio of 15% to 20% is usually considered good.

There's no specific number that indicates expensiveness, but, typically, stocks with P/E ratios of below 15 are considered cheap, while stocks above about 18 are thought of as expensive.

In 2016, MTNZF shares were offered at R20 per share, with a minimum investment of 100 shares being required.

You cannot sell or otherwise Dispose of your MTN Zakhele Futhi Shares during the first three years of the Empowerment Period (i.e. the Minimum Investment Period). Restricted trading will be allowed during the fourth to eighth years, where you can only sell or Dispose of your MTNZF Shares to Eligible MTNZF Shareholders.

Will I receive a dividend from MTN Zakhele Futhi? During the Minimum Investment Period (i.e. for the first three years), MTN Zakhele Shareholders will generally not receive a dividend.

How do you predict if a stock will go up? ›

We want to know if, from the current price levels, a stock will go up or down. The best indicator of this is stock's fair price. When fair price of a stock is below its current price, the stock has good possibility to go up in times to come.

Opposite from averaging down, averaging up involves buying more shares as a stock rises. This increases the average price paid for a position, but if you are buying into an up-trend, it can amplify your returns.

In the United States, Fridays on the eve of three-day weekends tend to be especially good. Due to generally positive feelings prior to a long holiday weekend, the stock markets tend to rise ahead of these observed holidays.

MTN Share Offer

00 per share (the Offer). The Offer opened on Wednesday, 1 December 2021 and closed on Tuesday, 14 December 2021. The Offer was in line with MTN Group's commitment to reduce its shareholding in MTN Nigeria from 78.8% to 65% over time.

MTN Uganda is the third most traded stock on the Uganda Securities Exchange over the past three months (Dec 28, 2022 - Mar 31, 2023). MTNU has traded a total volume of 21.2 million shares valued at UGX 3.8 billion over the period, with an average of 335,826 traded shares per session.

InvestorsObserver gives Medicalchain an average long-term technical score of 49 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages.

Prices rise when there are buyers banging on the door for those shares. Without buyers a share's price will fall. The more buyers there are to create demand, the higher a share price will go. A number of factors trigger this interest – each signalling to investors that this is a share they really want to be holding.

Are Price Targets Accurate? Despite the best efforts of analysts, a price target is a guess with the variance in analyst projections linked to their estimates of future performance.

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Unfortunately, when a stock's price falls to zero, a shareholder's holdings become worthless. Yet, even before a stock reaches the bottom, major stock exchanges create thresholds that delist shares once they fall below specific price values.

In general, as long as you adhere to the rules of the Financial Industry Regulation Authority (FIRNA), you can buy and sell stocks as frequently as you like.

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If stock returns are essentially random, the best prediction for tomorrow's market price is simply today's price, plus a very small increase.

Guaranteed value for money as you get an additional unit for every 20 units of MTN Stocks purchased. Take advantage of this opportunity to own part of the company and make money at the run. MTN made N415 billion in the 3rd Quarter of 2021 and posted a gain of N1. 5 trillion in the First 9 Months of 2021.