Morgan Stanley (NYSE:MS) declared a quarterly dividend on Thursday, January 18th, RTT News reports. Shareholders of record on Wednesday, January 31st will be given a dividend of 0.25 per share by the financial services provider on Thursday, February 15th. This represents a $1.00 annualized dividend and a yield of 1.81%.

Morgan Stanley has increased its dividend by an average of 37.0% per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Morgan Stanley has a payout ratio of 27.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Morgan Stanley to earn $4.23 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 23.6%.

Morgan Stanley (MS) traded down $0.07 during trading on Thursday, reaching $55.28. 3,827,462 shares of the company’s stock traded hands, compared to its average volume of 8,497,109. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $100,070.00, a price-to-earnings ratio of 15.27, a price-to-earnings-growth ratio of 0.90 and a beta of 1.65. Morgan Stanley has a 12-month low of $40.06 and a 12-month high of $55.98.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Thursday, January 18th. The financial services provider reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.07. The firm had revenue of $9.50 billion for the quarter, compared to analyst estimates of $9.25 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.81 earnings per share. analysts predict that Morgan Stanley will post 3.58 EPS for the current fiscal year.

In other Morgan Stanley news, insider Keishi Hotsuki sold 25,000 shares of Morgan Stanley stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total transaction of $1,250,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, President Thomas Colm Kelleher sold 40,000 shares of Morgan Stanley stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $50.59, for a total transaction of $2,023,600.00. Following the sale, the president now directly owns 692,037 shares of the company’s stock, valued at approximately $35,010,151.83. The disclosure for this sale can be found here. Insiders have sold a total of 68,850 shares of company stock valued at $3,463,367 in the last three months. Company insiders own 0.35% of the company’s stock.

Several research firms have weighed in on MS. Zacks Investment Research upgraded shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 price objective on the stock in a research report on Monday, December 11th. Societe Generale cut shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Barclays lifted their price objective on shares of Morgan Stanley from $52.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Vining Sparks reiterated a “buy” rating and set a $60.00 price objective on shares of Morgan Stanley in a research report on Monday, January 8th. Finally, Buckingham Research lifted their price objective on shares of Morgan Stanley from $54.00 to $57.00 and gave the stock a “buy” rating in a research report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. Morgan Stanley presently has an average rating of “Buy” and a consensus target price of $53.07.

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About Morgan Stanley

Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.

Dividend History for Morgan Stanley (NYSE:MS)

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