MTN Group Limited (MTNOY) Stock Price & Analysis
MTN Group Limited (MTNOY) — price $11.09 (-0.27%), as of the Oct 5, 2026 trading session; market cap $20.3B. Expected results Mar 10, 2027.
Educational signal · not a buy or sell recommendation · How to read this
MTN Group Limited · MTNOY · Communication Services · Telecommunications Services
MTN Group Limited, along with its various affiliates, is a prominent player in the mobile telecommunications industry.
Price as of Oct 5, 2026
Key Statistics
MoonshotScore is not published for this security.
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $11.09 | |
| Change on the day | -0.27% | |
| 52-week range | $8.37 – $14.67 | |
| Market capitalisation | $20.3B | |
| Price / earnings (trailing) | 18.79 | |
| Shares traded on the day | 299 | |
| Beta (volatility vs the S&P 500) | 0.88 | |
| Dividends per share (last 12 months) | $0.30 | |
| Dividend yield (last 12 months) | 2.70% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results
- · Earnings call · management outlook
- · Earnings results
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
And we anticipate that in this full year, we will remain in that 15% to 18% that we try and manage the allocation of CapEx into building the network, the IT investments that are needed to grow our business.
Ralph Mupita · Statement from
We would call out that for the full year, we don't believe that we will be in the guidance range, particularly driven by the extra time impact that we've seen in Nigeria.
Ralph Mupita · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for MTN Group (MTNOY): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
9-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 11, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 11, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 11, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 6, 2026, except a card that shows its own read date.
Watch the MTNOY film — every key number, told as a short cinematic story
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What is MTN Group (MTNOY), and what does it report?
Short answer · as of
MTN Group Limited, along with its various affiliates, is a prominent player in the mobile telecommunications industry. MTN Group Limited (MTNOY) is classified as Communication Services / Telecommunications Services. SEC filing business address: 620 Avenue OF THE Americas, 6TH Floor, NEW York, NY, 10286. It employs 21,975 people and is led by Ralph Tendai Mupita. In Q2 FY2026 it reported revenue of $7.08B and net income of $442M. The market values it at $20.3B.
What do the latest results show for MTN Group (MTNOY)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $7.08B. Against analyst estimates the company has EPS beat 0 of 3 reports.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $7.42B Aug 24, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Aug 24, 2026 | $7.42B | Not available | $0.3838 | Not available |
| Mar 16, 2026 | $6.71B | $6.78B | $0.3276 | Not available |
| Aug 22, 2025 | $6.18B | Not available | $0.3010 | Not available |
| May 12, 2025 | $5.10B | $5.21B | −$0.0641 | Not available |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $7.08B | $442M | $0.24 (diluted) |
| Q4 FY2025 | $6.73B | $603M | $0.33 (diluted) |
| Q2 FY2025 | $6.57B | $586M | $0.32 (diluted) |
| Q4 FY2024 | $5.83B | -$132M | -$0.07 (diluted) |
What are the financial strengths and risks for MTN Group (MTNOY)?
Short answer
The distress and quality screens read Altman Z 2.30 · Piotroski F 6. Trailing ratios: ROE 10.6% · ROA 3.1% · current ratio 0.94 · earnings yield 3.9% · free-cash-flow yield 9.8%.
What should you watch next at MTN Group (MTNOY)?
Short answer · as of
The next earnings report is expected on Mar 10, 2027.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
And we anticipate that in this full year, we will remain in that 15% to 18% that we try and manage the allocation of CapEx into building the network, the IT investments that are needed to grow our business.
Ralph Mupita ·
We would call out that for the full year, we don't believe that we will be in the guidance range, particularly driven by the extra time impact that we've seen in Nigeria.
Ralph Mupita ·
What the records here don't tell us
- Detailed statement figures are not shown because their conversion to USD has not been verified.
- No insider Form 4 transaction falls inside the window this page reads.
Checked against the records this page reads, on the dates shown above.
How is MTN Group scored?
Research dated 2026-09-12.
A comparison based only on mobile subscriptions misses how much MTN sells around the network. The group combines consumer connectivity and handsets with payments, commerce, insurance, lending and transfers, then extends the same footprint into wholesale fiber, subsea capacity, towers, data centers and enterprise technology. Similar carriers may share parts of that menu; MTN’s relevant distinction is the breadth housed within the same multinational operating group.
The listed security also presents a thin institutional picture in regulatory holdings data, with negligible reported ownership and a very small holder roster. That limits what changes in those filings can reveal about broader investor positioning and keeps the operating mix, cash conversion and Nigeria execution at the center of a useful comparison.
| Company | Price | Market value | Score |
|---|---|---|---|
| $4.45 Oct 2, 2026 | $16.2B | — Model unavailable | |
| $10.20 Oct 2, 2026 | $30.3B | — Model unavailable | |
| $13.56 Oct 5, 2026 | $18.3B | — Model unavailable | |
| $8.74 Oct 5, 2026 | $17.3B | — Model unavailable | |
| $4.43 Oct 5, 2026 | $17.0B | — Model unavailable | |
| $12.62 Oct 5, 2026 | $18.5B | — 5-pillar · not comparable | |
| $19.74 Oct 5, 2026 | $18.3B | — 5-pillar · not comparable | |
| $30.38 Oct 5, 2026 | $16.4B | — 5-pillar · not comparable | |
| $91.17 Oct 5, 2026 | $15.3B | — 5-pillar · not comparable | |
| $107.77 Oct 5, 2026 | $14.5B | — 5-pillar · not comparable | |
| $36.40 Oct 5, 2026 | $14.0B | — 5-pillar · not comparable | |
| $12.89 Oct 5, 2026 | $12.8B | — 5-pillar · not comparable |
The comparison model is unavailable. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 0.0% Period end Jun 30, 2026
- Previous quarter · ownership
- 0.0% Prior to period end Jun 30, 2026
- Reporting holders
- 3 Period end Jun 30, 2026
- Previous quarter · holders
- 4 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Fca Corp /Tx | 24,500 |
| Rhumbline Advisers | 1,196 |
| Pnc Financial Services Group, INC. | 147 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about MTN Group (MTNOY)?
What Investors Ask About MTN Group (MTNOY) — Communication Services
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.
How does MTN Network as a Service differ from its mobile subscriptions?
Mobile subscriptions monetize customer use of voice, messaging and data. Network as a Service instead supplies infrastructure and connectivity through assets such as subsea cables, fiber networks, data centers, landing stations, towers and radio access networks.
Why does Nigeria matter to MTN’s current outlook?
Management attributed its expected guidance miss to additional timing pressure in Nigeria. Progress there therefore bears directly on whether group performance can move back toward the operating range management had targeted.
What is the MTNOY stock price today?
The last price recorded on this page for MTN Group Limited (MTNOY) is $11.09, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
Does MTNOY pay a dividend?
Yes. MTN Group Limited (MTNOY) shows a trailing 12-month dividend yield of 2.70%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (41 figures)
The 41 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Ralph Mupita (Aug 24, 2026): And we anticipate that in this full year, we will remain in that 15% to 18% that we try and manage the allocation of CapEx into building the network, the IT investments that are needed to grow our business. Ralph Mupita (Aug 24, 2026): We would call out that for the full year, we don't believe that we will be in the guidance range, particularly driven by the extra time impact that we've seen in Nigeria. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 620 Avenue OF THE Americas, 6TH Floor, NEW York, NY, 10286 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "Innovation Centre, 216 14th Avenue, Johannesburg, GT, 2195, ZA". The FMP company description names Johannesburg, South Africa as the headquarters; this page uses the address in this row. |
FMP — 32 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $11.09 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T18:24:40.701Z. | |
px.change | Change on the day | -0.27% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $20.3B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T17:55:03.000Z. Captured from FMP at 2026-10-05T18:24:39.728Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
earn.next | Next earnings date | Mar 10, 2027 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
id.business_summary | Business description (FMP excerpt) | MTN Group Limited, along with its various affiliates, is a prominent player in the mobile telecommunications industry. | FMP | Financial Modeling Prep (FMP) company profile — Deterministic excerpt derived from id.description; source and date describe the input fact, not a new provider observation | |
px.change_abs | Change on the day, in dollars | −$0.03 | FMP | Financial Modeling Prep (FMP) · quote | |
px.pe | Price / earnings (trailing) | 18.79 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 299 | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 0.88 | FMP | Financial Modeling Prep (FMP) company profile | |
id.sector | Sector / industry (provider taxonomy) | Communication Services / Telecommunications Services | FMP | Financial Modeling Prep (FMP) company profile — The company's SEC filings classify it under SIC 8880 — American Depositary Receipts. | |
id.employees | Employees | 21,975 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Ralph Tendai Mupita | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
fin.q_revenue | Revenue, Q2 FY2026 | $7.08B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
fin.q_income | Net income, Q2 FY2026 | $442M | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
earn.history.depth.2026-08-24.revenue_actual | Revenue · reported — report date 2026-08-24 | $7.42B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-24.eps_actual | EPS · reported — report date 2026-08-24 | $0.3838 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-16.revenue_actual | Revenue · reported — report date 2026-03-16 | $6.71B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-16.revenue_estimated | Revenue · estimate — report date 2026-03-16 | $6.78B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-16.eps_actual | EPS · reported — report date 2026-03-16 | $0.3276 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-08-22.revenue_actual | Revenue · reported — report date 2025-08-22 | $6.18B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-08-22.eps_actual | EPS · reported — report date 2025-08-22 | $0.3010 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-05-12.revenue_actual | Revenue · reported — report date 2025-05-12 | $5.10B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-05-12.revenue_estimated | Revenue · estimate — report date 2025-05-12 | $5.21B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-05-12.eps_actual | EPS · reported — report date 2025-05-12 | −$0.0641 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
own.institutions.depth.ownership_pct | Institutional ownership | 0.0% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 0.0% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 3 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 4 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Fca Corp /Tx — shares in provider snapshot | 24,500 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Rhumbline Advisers — shares in provider snapshot | 1,196 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Pnc Financial Services Group, INC. — shares in provider snapshot | 147 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 4 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.range52 | 52-week range | $8.37 – $14.67 | UNRECORDED | Stored company-profile observation — Captured 2026-10-03 | |
earn.history | Reported versus estimated, recent quarters | EPS beat 0 of 3 | UNRECORDED | Stored earnings-history observation — Captured 2026-09-15 · Expired observation | |
fin.scores | Distress and quality screens | Altman Z 2.30 · Piotroski F 6 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-05 | |
fin.ratios | Return and yield ratios (trailing twelve months) | ROE 10.6% · ROA 3.1% · current ratio 0.94 · earnings yield 3.9% · free-cash-flow yield 9.8% | — | UNRECORDED | Stored key metrics — Date unknown |
COMPUTED — 2 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $0.30 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 1 split-adjusted declared dividend with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 2.70% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. |
OURS — 1 fact from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
gap.statement_currency | Statement currency limitation | Detailed statement figures are not shown because their conversion to USD has not been verified. | OURS | Stock Expert AI currency-basis check |
Fact-family notes
- Earnings-history note. Source series as of 2026-08-24. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-08-24.revenue_actual,earn.history.depth.2026-08-24.eps_actual,earn.history.depth.2026-03-16.revenue_actual,earn.history.depth.2026-03-16.revenue_estimated,earn.history.depth.2026-03-16.eps_actual,earn.history.depth.2025-08-22.revenue_actual,earn.history.depth.2025-08-22.eps_actual,earn.history.depth.2025-05-12.revenue_actual,earn.history.depth.2025-05-12.revenue_estimated,earn.history.depth.2025-05-12.eps_actual.
- Published
- Research standards
- Methodology · Editorial policy · Corrections
- Report a number
- sedat@stockexpertai.com
Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | MTN Group Limited, along with its various affiliates, is a prominent player in the mobile telecommunications industry. The company offers a broad spectrum of services, encompassing mobile data, voice communication, text messaging, and the sale of mobile handsets. Beyond these core offerings, it delves into digital and financial technology solutions, wholesale services, and essential interconnectivity and roaming functionalities. Furthermore, MTN delivers "Network as a Service" (NaaS), which includes extensive infrastructure like subsea fiber optic cables providing international connectivity, terrestrial and metropolitan fiber networks, data centers, and cable landing stations. This also extends to Fiber to the X (FTTx), cellular towers, and radio access networks. Its portfolio also features diverse digital financial services, such as payment access, e-commerce platforms, insurance, lending, and money transfer options. For enterprise clients, MTN provides advanced services like cloud computing, unified communication systems, Internet of Things (IoT) solutions, and software-defined networks. The firm also supplies Application Programming Interface (API) products and services tailored for various sectors, including telecommunications, healthcare, government, financial services, entertainment, and others. As of March 9, 2022, MTN boasted a substantial customer base of 272.4 million subscribers spread across 21 international markets. Its operational footprint spans key regions, including South Africa, Nigeria, the wider South and East Africa, West and Central Africa, and the Middle East and North Africa. MTN Group Limited was established in 1994 and maintains its corporate headquarters in Johannesburg, South Africa. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Sector / industry (provider taxonomy) | Communication Services / Telecommunications Services The company's SEC filings classify it under SIC 8880 — American Depositary Receipts. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Institutional ownership (13F) | Holders: 3; Quarter: 2026-06-30; Ownership: 0%; Holders previous quarter: 4; Ownership previous quarter: 0 13F filings are quarterly and lag the quarter end by up to 45 days. | 2026-06-30 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings |
| Largest 3 institutional holders | Captured record · 3 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings |
| Management outlook — dated call excerpts | Captured record · 2 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-08-24 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
Data provided for informational purposes only.