Wall Street brokerages expect that Msci Inc (NYSE:MSCI) will announce $1.30 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for Msci’s earnings. The lowest EPS estimate is $1.28 and the highest is $1.33. Msci posted earnings per share of $1.00 during the same quarter last year, which would indicate a positive year over year growth rate of 30%. The company is scheduled to announce its next earnings report on Thursday, November 1st.

According to Zacks, analysts expect that Msci will report full year earnings of $5.24 per share for the current year, with EPS estimates ranging from $5.15 to $5.33. For the next financial year, analysts anticipate that the business will report earnings of $6.00 per share, with EPS estimates ranging from $5.85 to $6.13. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow Msci.

Msci (NYSE:MSCI) last posted its quarterly earnings results on Thursday, August 2nd. The technology company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.02. The firm had revenue of $363.05 million for the quarter, compared to analyst estimates of $356.01 million. Msci had a return on equity of 114.65% and a net margin of 27.83%. Msci’s quarterly revenue was up 14.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.95 earnings per share.

Several research firms recently weighed in on MSCI. Barclays reissued a “hold” rating and set a $175.00 price target on shares of Msci in a research report on Sunday. Zacks Investment Research raised Msci from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. Morgan Stanley upped their price target on Msci from $168.00 to $174.00 and gave the company an “equal weight” rating in a research report on Friday, August 3rd. Cantor Fitzgerald upped their price target on Msci to $192.00 and gave the company an “overweight” rating in a research report on Friday, August 3rd. Finally, BMO Capital Markets began coverage on Msci in a research report on Wednesday, July 25th. They set an “outperform” rating and a $198.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $175.00.

A number of hedge funds have recently modified their holdings of MSCI. Smithfield Trust Co. increased its position in Msci by 2,573.3% in the 2nd quarter. Smithfield Trust Co. now owns 802 shares of the technology company’s stock worth $133,000 after purchasing an additional 772 shares during the last quarter. Atria Investments LLC acquired a new position in Msci in the 1st quarter worth about $202,000. Chicago Equity Partners LLC acquired a new position in Msci in the 1st quarter worth about $208,000. Lincoln National Corp acquired a new position in Msci in the 1st quarter worth about $210,000. Finally, DAVENPORT & Co LLC acquired a new position in Msci in the 2nd quarter worth about $214,000. 93.37% of the stock is currently owned by institutional investors.

Msci traded down $0.04, hitting $173.13, during trading hours on Tuesday, Marketbeat Ratings reports. 432,290 shares of the company’s stock traded hands, compared to its average volume of 547,847. The firm has a market capitalization of $15.38 billion, a price-to-earnings ratio of 43.50, a PEG ratio of 3.30 and a beta of 0.80. Msci has a twelve month low of $106.13 and a twelve month high of $176.88. The company has a current ratio of 2.65, a quick ratio of 2.06 and a debt-to-equity ratio of 7.43.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 31st. Shareholders of record on Friday, August 17th will be given a $0.58 dividend. This is a positive change from Msci’s previous quarterly dividend of $0.38. This represents a $2.32 annualized dividend and a yield of 1.34%. The ex-dividend date is Thursday, August 16th. Msci’s dividend payout ratio is presently 38.19%.

About Msci

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

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