Morgan Stanley Direct Lending (MSDL) Expected to Announce Quarterly Earnings on Thursday

Morgan Stanley Direct Lending (NYSE:MSDL - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $0.57 per share and revenue of $102.86 million for the quarter.

Morgan Stanley Direct Lending (NYSE:MSDL - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.57 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.06). The company had revenue of $103.00 million for the quarter, compared to analyst estimates of $107.02 million. Morgan Stanley Direct Lending had a return on equity of 12.69% and a net margin of 54.89%. On average, analysts expect Morgan Stanley Direct Lending to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Morgan Stanley Direct Lending Stock Performance

MSDL stock traded up $0.04 during midday trading on Tuesday, reaching $19.26. The stock had a trading volume of 89,430 shares, compared to its average volume of 632,253. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.56 and a current ratio of 1.56. The firm has a fifty day simple moving average of $19.70 and a two-hundred day simple moving average of $20.37. The stock has a market cap of $1.69 billion, a PE ratio of 7.55 and a beta of 0.46. Morgan Stanley Direct Lending has a 52-week low of $17.59 and a 52-week high of $24.18.

Morgan Stanley Direct Lending Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Monday, March 31st were given a $0.50 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 10.38%. Morgan Stanley Direct Lending's dividend payout ratio is currently 82.30%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. JPMorgan Chase & Co. dropped their price objective on shares of Morgan Stanley Direct Lending from $20.50 to $19.50 and set a "neutral" rating on the stock in a report on Thursday, April 24th. UBS Group reduced their price objective on Morgan Stanley Direct Lending from $21.00 to $20.50 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Royal Bank of Canada restated an "outperform" rating and issued a $22.00 target price on shares of Morgan Stanley Direct Lending in a research note on Tuesday, March 4th. Keefe, Bruyette & Woods decreased their price target on Morgan Stanley Direct Lending from $21.00 to $20.00 and set a "market perform" rating for the company in a report on Tuesday, April 8th. Finally, Wells Fargo & Company dropped their price objective on shares of Morgan Stanley Direct Lending from $20.00 to $19.00 and set an "equal weight" rating on the stock in a research note on Monday, April 28th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, Morgan Stanley Direct Lending presently has an average rating of "Hold" and an average target price of $20.20.

Morgan Stanley Direct Lending Company Profile

Morgan Stanley Direct Lending Fund is a business development company. It is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. Morgan Stanley Direct Lending Fund is based in NEW YORK.