Zacks Research Has Bullish Estimate for MC FY2027 Earnings

Moelis & Company (NYSE:MC) – Research analysts at Zacks Research upped their FY2027 EPS estimates for shares of Moelis & Company in a report released on Wednesday, July 15th. Zacks Research analyst Team now expects that the asset manager will post earnings per share of $4.19 for the year, up from their prior forecast of $4.17. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Moelis & Company’s current full-year earnings is $3.14 per share.

Moelis & Company (NYSE:MC) last announced its quarterly earnings results on Wednesday, April 29th. The asset manager reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.09). Moelis & Company had a net margin of 14.46% and a return on equity of 38.94%. The company had revenue of $319.78 million during the quarter, compared to analysts’ expectations of $321.51 million. During the same period last year, the firm earned $0.64 earnings per share. Moelis & Company’s revenue was up 4.3% on a year-over-year basis.

A number of other research analysts also recently issued reports on the company. Keefe, Bruyette & Woods dropped their price target on Moelis & Company from $69.00 to $66.00 and set a “market perform” rating on the stock in a research note on Friday, July 10th. Wall Street Zen cut Moelis & Company from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Weiss Ratings cut Moelis & Company from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 26th. UBS Group reissued a “sell” rating and issued a $60.00 price objective (up from $58.00) on shares of Moelis & Company in a report on Wednesday, July 8th. Finally, Morgan Stanley lowered their target price on shares of Moelis & Company from $90.00 to $83.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $73.38.

Moelis & Company Stock Performance

MC opened at $67.45 on Friday. The business’s 50-day simple moving average is $66.68 and its 200-day simple moving average is $65.69. Moelis & Company has a one year low of $51.06 and a one year high of $78.22. The stock has a market capitalization of $5.30 billion, a P/E ratio of 24.26, a price-to-earnings-growth ratio of 0.86 and a beta of 1.85.

Moelis & Company Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, May 11th were paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Monday, May 11th. Moelis & Company’s dividend payout ratio (DPR) is 93.53%.

Institutional Investors Weigh In On Moelis & Company

Large investors have recently modified their holdings of the stock. Integrated Wealth Concepts LLC grew its position in Moelis & Company by 9.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,799 shares of the asset manager’s stock valued at $280,000 after buying an additional 432 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Moelis & Company by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,080 shares of the asset manager’s stock worth $2,456,000 after buying an additional 1,839 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Moelis & Company in the 1st quarter worth $264,000. Empowered Funds LLC lifted its stake in shares of Moelis & Company by 37.6% in the 1st quarter. Empowered Funds LLC now owns 42,828 shares of the asset manager’s stock worth $2,499,000 after acquiring an additional 11,692 shares during the period. Finally, Creative Planning lifted its stake in shares of Moelis & Company by 14.2% in the 2nd quarter. Creative Planning now owns 6,639 shares of the asset manager’s stock worth $414,000 after acquiring an additional 827 shares during the period. Hedge funds and other institutional investors own 91.53% of the company’s stock.

Moelis & Company Company Profile

Moelis & Co operates as a holding company. It engages in the provision of financial advisory, capital raising and asset management services to a client base including corporations, governments, sovereign wealth funds and financial sponsors. The firm focuses on clients including large public multinational corporations, middle market private companies, financial sponsors, entrepreneurs and governments. The company was founded by Kenneth David Moelis, Navid Mahmoodzadegan, Jeffrey Raich and Elizabeth Ann Crain in July 2007 and is headquartered in New York, NY.