Analysts Anticipate Morgan Stanley (MS) Will Post Earnings of $1.28 Per Share

Analysts predict that Morgan Stanley (NYSE:MS) will post $1.28 earnings per share for the current quarter, according to Zacks. Two analysts have provided estimates for Morgan Stanley’s earnings, with the lowest EPS estimate coming in at $1.22 and the highest estimate coming in at $1.35. Morgan Stanley posted earnings per share of $1.00 during the same quarter last year, which indicates a positive year-over-year growth rate of 28%. The firm is expected to announce its next earnings results on Wednesday, April 18th.

According to Zacks, analysts expect that Morgan Stanley will report full year earnings of $4.51 per share for the current financial year, with EPS estimates ranging from $4.29 to $4.80. For the next fiscal year, analysts expect that the firm will report earnings of $4.91 per share, with EPS estimates ranging from $4.56 to $5.25. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Morgan Stanley.

Morgan Stanley (NYSE:MS) last released its 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. Morgan Stanley had a net margin of 14.10% and a return on equity of 10.03%. The business had revenue of $9.50 billion for the quarter, compared to analysts’ expectations of $9.25 billion. During the same period last year, the company earned $0.81 earnings per share. The company’s quarterly revenue was up 5.3% on a year-over-year basis.

Several research firms recently issued reports on MS. Zacks Investment Research raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $59.00 target price 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 raised their target price 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 reissued a “buy” rating and issued a $60.00 target price on shares of Morgan Stanley in a research report on Monday, January 8th. Finally, Buckingham Research raised their target price 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 issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $54.07.

Shares of Morgan Stanley (NYSE:MS) opened at $52.14 on Friday. The company has a debt-to-equity ratio of 2.68, a current ratio of 0.74 and a quick ratio of 0.74. Morgan Stanley has a 12-month low of $40.06 and a 12-month high of $58.05. The stock has a market cap of $94,260.00, a P/E ratio of 16.87, a P/E/G ratio of 0.94 and a beta of 1.54.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Investors of record on Wednesday, January 31st will be issued a $0.25 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $1.00 annualized dividend and a yield of 1.92%. Morgan Stanley’s payout ratio is 32.36%.

In other news, Director Alistair Darling sold 3,850 shares of Morgan Stanley stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $49.29, for a total transaction of $189,766.50. Following the sale, the director now owns 14,218 shares in the company, valued at $700,805.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Keishi Hotsuki sold 25,000 shares of Morgan Stanley stock in a transaction that occurred 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 disclosure for this sale can be found here. Company insiders own 0.35% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of MS. Raymond James Financial Services Advisors Inc. raised its stake in shares of Morgan Stanley by 39.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 46,369 shares of the financial services provider’s stock valued at $2,066,000 after purchasing an additional 13,000 shares during the period. National Asset Management Inc. raised its stake in shares of Morgan Stanley by 9.6% during the second quarter. National Asset Management Inc. now owns 11,772 shares of the financial services provider’s stock valued at $525,000 after purchasing an additional 1,034 shares during the period. Verition Fund Management LLC raised its stake in shares of Morgan Stanley by 16.8% during the second quarter. Verition Fund Management LLC now owns 7,947 shares of the financial services provider’s stock valued at $354,000 after purchasing an additional 1,142 shares during the period. Colony Group LLC purchased a new stake in shares of Morgan Stanley during the second quarter valued at approximately $212,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Morgan Stanley during the second quarter valued at approximately $714,000. Institutional investors own 86.63% of the company’s stock.

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Morgan Stanley Company Profile

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.

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