Morgan Stanley (MS) Given Coverage Optimism Rating of 0.16
Media coverage about Morgan Stanley (NYSE:MS) has been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Morgan Stanley earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.1777198760129 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- PWC to sell government services practice -sources (MS) (markets.businessinsider.com)
- Morgan Stanley Announces Partnership with Justin Rose | Business … – Business Wire (press release) (businesswire.com)
- Crude Oil Prices Settle Higher But Fail to Avoid Weekly Loss (finance.yahoo.com)
- Harold Ford’s firing could bring the harassment crisis to Wall Street (cnbc.com)
Several equities research analysts have issued reports on MS shares. Credit Suisse Group raised shares of Morgan Stanley from a “neutral” rating to an “outperform” rating and lifted their target price for the stock from $49.00 to $54.00 in a research note on Monday, October 9th. ValuEngine cut shares of Morgan Stanley from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research raised shares of Morgan Stanley from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a research note on Friday, October 20th. Barclays lifted their target price on shares of Morgan Stanley from $48.00 to $52.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 18th. Finally, Buckingham Research boosted their price target on shares of Morgan Stanley from $54.00 to $57.00 and gave the company a “buy” rating in a research report on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $50.39.
Shares of Morgan Stanley (MS) traded up $0.54 on Friday, reaching $52.89. 6,490,000 shares of the company traded hands, compared to its average volume of 7,380,000. The stock has a market cap of $95,620.00, a price-to-earnings ratio of 14.65, a P/E/G ratio of 1.24 and a beta of 1.64. Morgan Stanley has a 12-month low of $40.06 and a 12-month high of $53.37. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.74 and a current ratio of 0.74.
Morgan Stanley (NYSE:MS) last issued its quarterly earnings results on Tuesday, October 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.12. The company had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.05 billion. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 earnings per share. research analysts anticipate that Morgan Stanley will post 3.57 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Tuesday, October 31st were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, October 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.89%. Morgan Stanley’s dividend payout ratio (DPR) is presently 27.62%.
In other Morgan Stanley news, insider Keishi Hotsuki sold 25,000 shares of the business’s stock in a transaction dated 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 SEC, which is available through the SEC website. Also, Director Alistair Darling sold 3,850 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was 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 disclosure for this sale can be found here. Insiders have sold 85,247 shares of company stock worth $4,284,364 over the last quarter. Insiders own 0.35% 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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