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Maxar Technologies (Maxar Technologies) Preferred Stock : $0 Mil (As of Mar. 2023)


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What is Maxar Technologies Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Maxar Technologies's preferred stock for the quarter that ended in Mar. 2023 was $0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Maxar Technologies's Enterprise Value for the quarter that ended in Mar. 2023 was $6,178 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Maxar Technologies's Book Value per Share for the quarter that ended in Mar. 2023 was $18.03.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Maxar Technologies's Earnings per Share (Diluted) for the three months ended in Mar. 2023 was $.


Maxar Technologies Preferred Stock Historical Data

The historical data trend for Maxar Technologies's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Maxar Technologies Preferred Stock Chart

Maxar Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Preferred Stock
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Maxar Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Maxar Technologies Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Maxar Technologies  (NYSE:MAXR) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Maxar Technologies's Enterprise Value for the quarter that ended in Mar. 2023 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Maxar Technologies's Book Value per Share for the quarter that ended in Mar. 2023 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Maxar Technologies's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Maxar Technologies Preferred Stock Related Terms

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Maxar Technologies (Maxar Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1300 W. 120th Avenue, Westminster, CO, USA, 80234
Maxar Technologies Inc is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data, and analytics. Its operating segments include Earth Intelligence and Space Infrastructure. Earth Intelligence segment is a provider of advanced geospatial information, applications, and analytic services for national security and commercial solutions, Space Infrastructure segment is engaged in space-based infrastructure, robotics, subsystems, and information solutions to satellite operators and government agencies.
Executives
Eric J Zahler director 600 THIRD AVENUE, NEW YORK NY 10016
Daniel L Jablonsky officer: Group Pres., DigitalGlobe 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Howell M Estes director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher J. Johnson officer: SVP and GM, Maxar Space 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Biggs C Porter officer: EVP, CFO TXU CORP.,, 1601 BRYAN STREET, DALLAS TX 75201
Daniel Nord officer: SVP and GM, Enterprise 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Iii Jeff Robertson officer: SVP, Operations 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
James Ci Lee officer: SVP, General Counsel & Secty MAXAR TECHNOLOGIES, INC., 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Nick Cyprus director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Elizabeth Andora officer: SVP and CHRO 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Eddy Zervigon director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Leon Anthony Frazier officer: Group Pres, Radiant Solutions 2325 DULLES CORNER BLVD., SUITE 1000, HERNDON VA 20171
Walter S. Scott officer: EVP and CTO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Heather A Wilson director 501 EAST SAINT JOSEPH STREET, RAPID CITY SD 57701
Joanne O'rourke Isham director 1140 E. ARQUES AVENUE, SUNNYVALE CA 94805

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