Seaport Res Ptn Predicts Morgan Stanley FY2025 Earnings

Key Points

• Seaport Res Ptn forecasts Morgan Stanley's FY2025 earnings per share at $10.03, significantly above the current consensus estimate of $8.56.
• Morgan Stanley's recent quarterly earnings revealed an EPS of $2.80, surpassing estimates by $0.73, with revenue of $18.22 billion.
• The company announced a quarterly dividend of $1.00 per share, which equates to an annualized dividend of $4.00 and a yield of 2.5%.

Morgan Stanley (NYSE:MS - Free Report) - Equities researchers at Seaport Res Ptn issued their FY2025 earnings per share (EPS) estimates for Morgan Stanley in a research note issued on Monday, October 20th. Seaport Res Ptn analyst J. Mitchell anticipates that the financial services provider will post earnings of $10.03 per share for the year. The consensus estimate for Morgan Stanley's current full-year earnings is $8.56 per share.

Morgan Stanley (NYSE:MS - Get Free Report) last posted its quarterly earnings data on Wednesday, October 15th. The financial services provider reported $2.80 EPS for the quarter, topping analysts' consensus estimates of $2.07 by $0.73. The company had revenue of $18.22 billion for the quarter, compared to analyst estimates of $16.42 billion. Morgan Stanley had a return on equity of 16.55% and a net margin of 13.85%.The business's revenue was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.88 earnings per share.

Several other research firms have also recently issued reports on MS. Royal Bank Of Canada raised their price target on Morgan Stanley from $145.00 to $171.00 and gave the company a "sector perform" rating in a report on Wednesday, October 1st. JPMorgan Chase & Co. raised their price target on Morgan Stanley from $122.00 to $157.00 and gave the company a "neutral" rating in a report on Tuesday. Jefferies Financial Group raised their price target on Morgan Stanley from $175.00 to $186.00 and gave the company a "buy" rating in a report on Thursday, October 16th. Barclays raised their price target on Morgan Stanley from $156.00 to $183.00 and gave the company an "overweight" rating in a report on Thursday, October 16th. Finally, Weiss Ratings reiterated a "buy (b-)" rating on shares of Morgan Stanley in a report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $168.23.

Morgan Stanley Price Performance

Morgan Stanley stock opened at $159.25 on Wednesday. The business's 50-day simple moving average is $153.89 and its 200 day simple moving average is $137.89. The stock has a market cap of $254.22 billion, a price-to-earnings ratio of 16.33, a P/E/G ratio of 1.77 and a beta of 1.32. Morgan Stanley has a 12-month low of $94.33 and a 12-month high of $166.77. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 3.30.

Hedge Funds Weigh In On Morgan Stanley

Hedge funds have recently added to or reduced their stakes in the stock. Asset Management One Co. Ltd. increased its holdings in shares of Morgan Stanley by 3.8% in the third quarter. Asset Management One Co. Ltd. now owns 581,325 shares of the financial services provider's stock worth $92,407,000 after acquiring an additional 21,458 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its position in shares of Morgan Stanley by 4.5% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 35,747 shares of the financial services provider's stock valued at $5,682,000 after purchasing an additional 1,541 shares during the period. Penobscot Investment Management Company Inc. grew its position in shares of Morgan Stanley by 1.9% in the 3rd quarter. Penobscot Investment Management Company Inc. now owns 13,366 shares of the financial services provider's stock valued at $2,125,000 after purchasing an additional 252 shares during the period. Moss Adams Wealth Advisors LLC grew its position in shares of Morgan Stanley by 0.5% in the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 13,222 shares of the financial services provider's stock valued at $2,102,000 after purchasing an additional 65 shares during the period. Finally, Global Retirement Partners LLC grew its position in shares of Morgan Stanley by 7.8% in the 3rd quarter. Global Retirement Partners LLC now owns 25,482 shares of the financial services provider's stock valued at $4,051,000 after purchasing an additional 1,833 shares during the period. Institutional investors and hedge funds own 84.19% of the company's stock.

Morgan Stanley declared that its Board of Directors has initiated a stock buyback plan on Tuesday, July 1st that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the financial services provider to repurchase up to 8.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Morgan Stanley Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, October 31st will be paid a $1.00 dividend. The ex-dividend date of this dividend is Friday, October 31st. This represents a $4.00 annualized dividend and a yield of 2.5%. Morgan Stanley's dividend payout ratio is presently 41.03%.

Morgan Stanley Company Profile

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.