Morgan Stanley Direct Lending (MSDL) Projected to Post Earnings on Thursday

Morgan Stanley Direct Lending (NYSE:MSDL - Get Free Report) will likely be releasing its earnings data after the market closes on Thursday, May 8th. Analysts expect Morgan Stanley Direct Lending to post 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 results on Thursday, February 27th. The company reported $0.57 EPS for the quarter, missing analysts' consensus estimates of $0.63 by ($0.06). The business had revenue of $103.00 million for the quarter, compared to the consensus estimate of $107.02 million. Morgan Stanley Direct Lending had a net margin of 54.89% and a return on equity of 12.69%. 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 Price Performance

Shares of NYSE MSDL traded up $0.16 during mid-day trading on Friday, reaching $19.40. The company's stock had a trading volume of 418,133 shares, compared to its average volume of 643,457. The stock has a fifty day moving average of $19.73 and a two-hundred day moving average of $20.38. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.56 and a quick ratio of 1.56. Morgan Stanley Direct Lending has a 52 week low of $17.59 and a 52 week high of $24.18. The firm has a market capitalization of $1.71 billion, a PE ratio of 7.61 and a beta of 0.44.

Morgan Stanley Direct Lending Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Monday, March 31st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 10.31%. The ex-dividend date was Monday, March 31st. Morgan Stanley Direct Lending's dividend payout ratio (DPR) is presently 82.30%.

Analyst Upgrades and Downgrades

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