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MarketWise (MKTW) Company Overview

Profile

Full Name:

MarketWise, Inc.

Country:

United States

IPO:

September 14, 2020

Indexes:

Not included

Description:

MarketWise (MKTW) is a financial services company that provides investment research and marketing solutions. It offers insights and tools to help investors make informed decisions. The company focuses on various markets, delivering valuable information through newsletters, webinars, and online platforms to support individual and institutional investors.

Key Details

Price

$0.57

Annual Revenue

$448.18 M(-12.53% YoY)

Annual EPS

$0.05(-93.15% YoY)

Annual ROE

-16.08%

Beta

1.40

Events Calendar

Earnings

Next earnings date:

May 15, 2025

Recent quarterly earnings:

Nov 7, 2024

Recent annual earnings:

Mar 30, 2023
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jan 29, 2025
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Mar 28, 24 UBS
Neutral
Dec 1, 23 UBS
Neutral
Nov 13, 23 Needham
Buy
Aug 11, 23 Needham
Buy
Jul 10, 23 JMP Securities
Market Outperform
Jun 30, 23 JMP Securities
Market Outperform
May 15, 23 Oppenheimer
Outperform
May 15, 23 JMP Securities
Market Outperform
May 12, 23 Needham
Buy
Apr 10, 23 JMP Securities
Market Outperform

Market Data

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Technical

Dividend

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Balance Sheet

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Institutional Ownership

MarketWise Inc. Reports Preliminary Selected Unaudited Fourth Quarter 2024 Billings of $55 Million, over a 10% Increase from Prior Quarter; Announces Special Dividend of $0.03 Per Share
MarketWise Inc. Reports Preliminary Selected Unaudited Fourth Quarter 2024 Billings of $55 Million, over a 10% Increase from Prior Quarter; Announces Special Dividend of $0.03 Per Share
MarketWise Inc. Reports Preliminary Selected Unaudited Fourth Quarter 2024 Billings of $55 Million, over a 10% Increase from Prior Quarter; Announces Special Dividend of $0.03 Per Share
MKTW
globenewswire.comJanuary 15, 2025

BALTIMORE, Jan. 15, 2025 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported preliminary selected unaudited financial and operational updates for fourth quarter 2024 below. Our objective is to provide investors with selected information on recent directional trends in advance of issuing our usual earnings press release announcing full year 2024 financial results, which we expect to release in March 2025.

MarketWise to present at the Emerging Growth Conference on January 15, 2025
MarketWise to present at the Emerging Growth Conference on January 15, 2025
MarketWise to present at the Emerging Growth Conference on January 15, 2025
MKTW
globenewswire.comJanuary 10, 2025

BALTIMORE, Jan. 10, 2025 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that it has been invited to present at the Emerging Growth Conference on January 15, 2025.

MarketWise Declares Dividend on Common Stock
MarketWise Declares Dividend on Common Stock
MarketWise Declares Dividend on Common Stock
MKTW
globenewswire.comNovember 7, 2024

BALTIMORE, Nov. 07, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its Board of Directors declared a quarterly cash dividend to holders of Class A common stock of $0.01 per share on November 1, 2024. A comparable distribution of $0.01 per unit has also been approved to holders of MarketWise, LLC units. The dividend and distribution will be paid on December 26, 2024. The Record Date is November 25, 2024.

MarketWise - Quarterly Report and Shareholder Letter
MarketWise - Quarterly Report and Shareholder Letter
MarketWise - Quarterly Report and Shareholder Letter
MKTW
globenewswire.comAugust 14, 2024

BALTIMORE, Aug. 14, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its quarterly report on Form 10-Q for the quarter ended June 30, 2024 and the interim CEO Letter to Shareholders has been filed with the SEC and is available on EDGAR. The quarterly report on Form 10-Q and the CEO Letter to Shareholders will be available on the Company's website: https://investors.marketwise.com/sec-filings and MarketWise 2Q 2024 Interim CEO Letter to Shareholders , respectively.

MarketWise Declares Dividend on Common Stock
MarketWise Declares Dividend on Common Stock
MarketWise Declares Dividend on Common Stock
MKTW
globenewswire.comAugust 2, 2024

BALTIMORE, Aug. 02, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its Board of Directors declared a quarterly cash dividend to holders of Class A common stock of $0.01 per share on August 1, 2024. A comparable distribution of $0.01 per unit has also been approved to holders of MarketWise, LLC units. The dividend and distribution will be paid on September 25, 2024. The Record Date is August 15, 2024.

MarketWise - Quarterly Report and Shareholder Letter
MarketWise - Quarterly Report and Shareholder Letter
MarketWise - Quarterly Report and Shareholder Letter
MKTW
globenewswire.comMay 16, 2024

MarketWise, Inc. (NASDAQ: MKTW) announced today that its quarterly report on Form 10-Q for the quarter ended March 31, 2024, and the CEO Letter to Shareholders have been filed with the SEC and are available on EDGAR. The documents can also be accessed on the Company's website.

MarketWise to cut 104 jobs as ‘misconduct' prompts wind down of Legacy Research
MarketWise to cut 104 jobs as ‘misconduct' prompts wind down of Legacy Research
MarketWise to cut 104 jobs as ‘misconduct' prompts wind down of Legacy Research
MKTW
Market WatchFebruary 13, 2024

Shares of MarketWise Inc. were set for a selloff Tuesday, after the financial-research and analytics company said it decided to wind down its Legacy Research business after misconduct by certain managers was discovered.

MarketWise to Release Third Quarter 2023 Financial Results
MarketWise to Release Third Quarter 2023 Financial Results
MarketWise to Release Third Quarter 2023 Financial Results
MKTW
GlobeNewsWireOctober 27, 2023

BALTIMORE, Oct. 27, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, today announced that its third quarter 2023 financial results will be released before the market opens on Thursday, November 9, 2023.

MarketWise to Release Second Quarter 2023 Financial Results
MarketWise to Release Second Quarter 2023 Financial Results
MarketWise to Release Second Quarter 2023 Financial Results
MKTW
GlobeNewsWireJuly 27, 2023

BALTIMORE, July 27, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, today announced that its second quarter 2023 financial results will be released before the market opens on Thursday, August 10, 2023. The Company will host a live video webcast at 11:00 a.m. Eastern Time on that same day to discuss the financial results.

MarketWise: Improving Profitability And Easing Headwinds (Rating Upgrade)
MarketWise: Improving Profitability And Easing Headwinds (Rating Upgrade)
MarketWise: Improving Profitability And Easing Headwinds (Rating Upgrade)
MKTW
Seeking AlphaJune 30, 2023

MarketWise is now down nearly 80% since going public, which presents a compelling buying opportunity. The company demonstrated surprisingly strong profitability in the latest earnings, as operating leverage continues to improve. The headwinds should continue to ease as the market sentiment has been improving in the past few months.

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FAQ

  • What is the ticker symbol for MarketWise?
  • Does MarketWise pay dividends?
  • What sector is MarketWise in?
  • What industry is MarketWise in?
  • What country is MarketWise based in?
  • When did MarketWise go public?
  • Is MarketWise in the S&P 500?
  • Is MarketWise in the NASDAQ 100?
  • Is MarketWise in the Dow Jones?
  • When was MarketWise's last earnings report?
  • When does MarketWise report earnings?
  • Should I buy MarketWise stock now?

What is the ticker symbol for MarketWise?

The ticker symbol for MarketWise is NASDAQ:MKTW

Does MarketWise pay dividends?

Yes, MarketWise pays dividends. The last payment was $0.03, with an ex-dividend date on January 29, 2025

What sector is MarketWise in?

MarketWise is in the Financial Services sector

What industry is MarketWise in?

MarketWise is in the Financial Data & Stock Exchanges industry

What country is MarketWise based in?

MarketWise is headquartered in United States

When did MarketWise go public?

MarketWise's initial public offering (IPO) was on September 14, 2020

Is MarketWise in the S&P 500?

No, MarketWise is not included in the S&P 500 index

Is MarketWise in the NASDAQ 100?

No, MarketWise is not included in the NASDAQ 100 index

Is MarketWise in the Dow Jones?

No, MarketWise is not included in the Dow Jones index

When was MarketWise's last earnings report?

MarketWise's most recent earnings report was on Nov 7, 2024

When does MarketWise report earnings?

The next expected earnings date for MarketWise is May 15, 2025

Should I buy MarketWise stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions