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TurnerTrends Stock Rating Report for MHGC

Data valid for week beginning July 14, 2008

Ticker Company Name
MHGC   [News] Morgans Hotel Group Co
Company Profile
"Morgans Hotel Group Co., a hospitality company, engages in the operation, ownership, acquisition, development, and redevelopment of boutique hotels in gateway cities and resort markets in the United States and Europe. The company owns and operates Morgans, Royalton, and Hudson hotels in New York, New York- Delano Miami and Shore Club hotels in Miami, Florida- Mondrian Los Angeles hotel in Los Angeles, California- Clift hotel in San Francisco, California- Mondrian Scottsdale hotel in Scottsdale, Arizona- St. Martins Lane and Sanderson hotels in London, the United Kingdom- and Hard Rock hotel and casino in Las Vegas, Nevada. As of December 31, 2007, it owned, or partially owned and managed a portfolio of 11 luxury hotel properties comprising approximately 3,400 rooms. The company was founded in 1983 and is headquartered in New York, New York."

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MHGC Technical Chart

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Stock Information
Friday's Close $10.79
Volume Avg. 485420 shares
Industry Lodging
Sector Services
Our Stop Loss Members Only
Expected Move Members Only
Optionable? Yes

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Stock Financials
Profit Margin -6.83%
Operating Margin 14.90%
Debt-to-Equity 7.18%
P/E ttm 0.00
EPS ttm $-0.670
EBITDA $70,870,000
Total Revenue $325,300,000
Market Cap $361,900
Annual Dividend $.00
Yield .000%
ROE -21.68%
Revenue Growth Rate Quarterly 2.90%
Earnings Growth Rate Quarterly 0.00%
Earnings Growth Rate Yearly 0.00%
Revenue Growth Rate Average 9.53%
Earnings Growth Rate Average 0.00%
Institutional Ownership Members Only
Value Rating Members Only
TurnerTrends Score Members Only


Latest News

Thu, 17 Jul 2008 22:10:45 Etc/GMTMorgans Hotel Group Co. Earnings Call scheduled for Wed, Aug 6 (CCBN)
Thu, 17 Jul 2008 21:00:00 Etc/GMTMorgans Hotel Group Announces Second Quarter 2008 Earnings Date and Conference Call Information (Business Wire)
Tue, 15 Jul 2008 17:20:35 Etc/GMTAround the World in 80 Trades (at Motley Fool)
Tue, 8 Jul 2008 19:52:49 Etc/GMTHotel stocks hit 52-week lows on bearish comments (AP)
Tue, 8 Jul 2008 17:45:16 Etc/GMTDavid Morgan takes helm at Mondrian Scottsdale (at bizjournals.com)
Tue, 8 Jul 2008 14:33:00 Etc/GMTTwo-Wheelers Still Vehicles, Hotels Light 'Vacancy' Sign (at Barron's Online)
Wed, 2 Jul 2008 21:30:00 Etc/GMT[video] Stock Pops & Drops (at CNBC)
Wed, 2 Jul 2008 17:01:20 Etc/GMTMORGANS HOTEL GROUP CO. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (EDGAR Online)
Tue, 1 Jul 2008 22:26:44 Etc/GMTMorgans Hotel Group board approves buyback plan (AP)
Tue, 1 Jul 2008 21:27:38 Etc/GMTMORGANS HOTEL GROUP CO. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhi (EDGAR Online)
Tue, 1 Jul 2008 20:27:00 Etc/GMTMorgans Hotel Group Announces New $30 Million Stock Repurchase Program (Business Wire)
Fri, 27 Jun 2008 17:03:46 Etc/GMTVegas Stock Play: Long Boyd, Short Perini (at TheStreet.com)
Tue, 24 Jun 2008 22:31:45 Etc/GMTLast Call: Morgans shares fall to annual low (AP)
Tue, 24 Jun 2008 10:59:18 Etc/GMTCoverage initiated on Morgans Hotel Group by UBS (Briefing.com)
Mon, 23 Jun 2008 19:21:15 Etc/GMTMorgans Hotel Group CEO buys shares (AP)
Tue, 17 Jun 2008 22:28:49 Etc/GMTMorgans Hotel forms Boston hotel venture (AP)
Tue, 17 Jun 2008 12:30:00 Etc/GMTMorgans Hotel Group, Normandy Real Estate Partners and Ames Hotel Partners Announce Joint Venture to Develop The Ames in Boston (Business Wire)
Mon, 16 Jun 2008 18:28:00 Etc/GMTMorgans Hotel Group Appoints Howard Wein as Senior Vice President of Food and Beverage (Business Wire)
Tue, 10 Jun 2008 10:02:04 Etc/GMTMORGANS HOTEL GROUP CO. Files SEC form 8-K, Other Events, Financial Statements and Exhibits (EDGAR Online)
Fri, 6 Jun 2008 13:31:18 Etc/GMTMorgans joint venture closes on Hard Rock funding (AP)
News provided by Yahoo! Finance