Morgans Hotel Group Co.

(MHGC) Trade

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Profile

Morgans Hotel Group Co was incorporated in the state of Delaware on October 19, 2005. The company is a fully-integrated lifestyle hospitality company that operates, owns, acquires, develops and redevelops boutique hotels in gateway cities and select resort markets in the United States, Europe and other international locations. The Company's portfolio of Morgans Hotel Group branded hotel properties and food and beverage operations and entities consisted of: three owned hotels, consisting of Hudson in New York, Delano South Beach in Miami Beach, and Clift in San Francisco comprising approximately 1,450 rooms, and the food and beverage operations located at these hotels; owned food and beverage operations, consisting of leasehold interests in the food and beverage operations located at Sanderson, in London, and Mandalay Bay in Las Vegas; two joint venture hotels, consisting of Mondrian South Beach in Miami Beach and Mondrian SoHo in New York, comprising approximately 500 rooms and the Company's investment in the food and beverage venture at Mondrian South Beach in Miami Beach; seven managed hotels, consisting of Royalton and Morgans in New York, Shore Club in Miami Beach, Mondrian in Los Angeles, Sanderson, St Martins Lane, and Mondrian London in London, comprising approximately 1,550 rooms; the Company's licensed hotel, Delano Las Vegas, comprising 1,117 rooms and franchised hotel, 10 Karakoy, in Istanbul, comprising 71 rooms; 90% controlling interest in TLG Acquisition LLC which operates numerous food and beverage and nightclub venues primarily in Las Vegas pursuant to management agreements with MGM Resorts International; and the Company's investments in certain hotels under development and other proposed properties. The Company is subject to numerous United States and international laws, including laws governing employees in its hotels in such areas as minimum wage and maximum working hours, overtime, working conditions, hiring and firing employees and work permits.

Contact Information

Website: www.morganshotelgroup.com
Main Phone: +1 212 277-4100
Address: 475 Tenth Avenue
State: NY
City / Town: New York
Country: USA
Postal Code: 10018

Issuer Information

Exchange: NSD
CEO: Sam Nazarian
Employees: 2700
NAICS: Hotels (except Casino Hotels) and Motels(721110)
(%)
Company data no longer available
Last Price N/A Change $ N/A Change % N/A Tick N/A
Bid N/A Bid Size 0.00 Ask N/A Ask Size 0.00
Open N/A High N/A Low N/A Prev Close N/A
Last Trade Volume 0 52 Wk Hi 3.56 52 Wk Low 0.79
Market Cap N/A Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 34,981,553.00 EPS (TTM) 0.23 PE Ratio 9.30 Exchange NSD
  Last 3 Mo Last 12 Mo
Number of Insider Trades 0 0
Number of Buys 0 0
Number of Sells 0 0
Net Activity 0 0
Last 10 Buys Shares
David T. Hamamoto 1,000
David T. Hamamoto 1,000
David T. Hamamoto 1,000
David T. Hamamoto 1,000
David T. Hamamoto 1,000
David T. Hamamoto 1,000
David T. Hamamoto 1,000
David T. Hamamoto 1,000
David T. Hamamoto 1,000
David T. Hamamoto 1,000
Last 10 Sell Shares
Ronald W. Burkle 1,000
Ronald W. Burkle 1,000
  Current 1 Week Ago 2 Weeks Ago 3 Weeks Ago
High Target Price Estimate 2.25 2.25 2.25 2.25
Low Target Price Estimate 2.25 2.25 2.25 2.25
Mean Target Price Estimate 2.25 2.25 2.25 2.25
Standard Deviation 0 0 0 0
Date of Most Recent Estimate 05/10/16 05/10/16 05/10/16 05/10/16
  Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 0 0 0 0
Moderate Buy 0 0 0 0
Hold 1 1 1 1
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 3 3 3 3