Mogo (MOGO) Stock Price, News & Analysis

Company Overview

Mogo Inc. operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada. Mogo Inc. is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $1.33 to $1.37
• 50-Day Range: $0.95 to $1.62
• 52-Week Range: $0.94 to $2.25
• Volume: 48,224 shs
• Average Volume: 106,760 shs
• Market Capitalization: $33.04 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.00
• Consensus Rating: Buy

Mogo Stock Analysis - MarketRank™

Mogo scored higher than 69% of companies evaluated by MarketBeat, and ranked 111th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Mogo has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Mogo has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Mogo are expected to grow in the coming year, from ($0.38) to ($0.37) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Mogo is -2.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mogo is -2.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Mogo has a P/B Ratio of 0.47. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.15% of the float of Mogo has been sold short.

Short Interest Ratio / Days to Cover

Mogo has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mogo has recently decreased by 21.00%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Mogo does not currently pay a dividend.

Dividend Growth

Mogo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.15% of the float of Mogo has been sold short.

Short Interest Ratio / Days to Cover

Mogo has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mogo has recently decreased by 21.00%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: N/A

News Sentiment

Mogo has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Mogo this week, compared to 1 article on an average week.

Search Interest

2 people have searched for MOGO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Mogo insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.30% of the stock of Mogo is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.79% of the stock of Mogo is held by institutions.

MOGO Stock Analysis - Frequently Asked Questions

How have MOGO shares performed this year?

Mogo's stock was trading at $1.84 at the beginning of 2024. Since then, MOGO stock has decreased by 26.6% and is now trading at $1.35.
View the best growth stocks for 2024 here.

How were Mogo's earnings last quarter?

Mogo Inc. (NASDAQ:MOGO) released its quarterly earnings data on Thursday, May, 9th. The company reported ($0.14) EPS for the quarter, beating analysts' consensus estimates of ($0.25) by $0.11. The business earned $13.30 million during the quarter, compared to analysts' expectations of $12.76 million. Mogo had a negative trailing twelve-month return on equity of 15.34% and a negative net margin of 22.05%.

When did Mogo's stock split?

Mogo's stock reverse split on the morning of Monday, August 14th 2023. The 1-3 reverse split was announced on Monday, August 14th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 14th 2023. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Who are Mogo's major shareholders?

Mogo's top institutional shareholders include Tidal Investments LLC (5.05%).

How do I buy shares of Mogo?

Shares of MOGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Mogo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mogo investors own include Meta Platforms (META), Walt Disney (DIS), NVIDIA (NVDA), Plug Power (PLUG), Advanced Micro Devices (AMD), Ford Motor (F) and NIO (NIO).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:MOGO
• CUSIP: N/A
• CIK: 1602842
• Web: www.mogo.ca
• Phone: (604) 659-4380
• Fax: N/A
• Employees: 350
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $6.00
• High Stock Price Target: $6.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +344.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.47)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-13,250,000.00
• Net Margins: -22.05%
• Pretax Margin: -18.75%
• Return on Equity: -15.34%
• Return on Assets: -6.49%

Debt

• Debt-to-Equity Ratio: 0.50
• Current Ratio: 1.44
• Quick Ratio: 1.44

Sales & Book Value

• Annual Sales: $48.31 million
• Price / Sales: 0.68
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.85 per share
• Price / Book: 0.47

Miscellaneous

• Outstanding Shares: 24,470,000
• Free Float: 21,462,000
• Market Cap: $33.03 million
• Optionable: Not Optionable
• Beta: 2.95