Moelis & Company (MC) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Moelis & Company in the last year. There are currently 4 sell ratings and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong sell" MC shares.
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5 Wall Street analysts have issued 1 year price targets for Moelis & Company's shares. Their MC share price forecasts range from $29.00 to $42.00. On average, they anticipate the company's share price to reach $35.60 in the next twelve months. This suggests that the stock has a possible downside of 20.4%.
View analysts price targets for MC or view top-rated stocks among Wall Street analysts.

Moelis & Company's stock was trading at $38.37 at the beginning of the year. Since then, MC shares have increased by 16.6% and is now trading at $44.74.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our MC earnings forecast.

Moelis & Company (NYSE:MC) announced its earnings results on Wednesday, July, 26th. The asset manager reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by $0.02. The asset manager had revenue of $179.87 million for the quarter, compared to the consensus estimate of $187.72 million. Moelis & Company had a net margin of 4.62% and a trailing twelve-month return on equity of 12.45%. The company's revenue was down 25.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.57 earnings per share.

Moelis & Company declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Monday, August 7th will be given a dividend of $0.60 per share on Friday, September 22nd. This represents a $2.40 dividend on an annualized basis and a yield of 5.36%. The ex-dividend date is Friday, August 4th.
Read our dividend analysis for MC.

ETFs with the largest weight of Moelis & Company (NYSE:MC) stock in their portfolio include WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), SPDR S&P Capital Markets ETF (KCE), Invesco KBW High Dividend Yield Financial ETF (KBWD), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI), Invesco S&P SmallCap Financials ETF (PSCF), WisdomTree U.S. SmallCap Dividend Fund (DES) and Principal U.S. Small-Cap Multi-Factor ETF (PSC).

Moelis & Company (NYSE:MC) pays an annual dividend of $2.40 per share and currently has a dividend yield of 5.38%. MC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 452.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, MC will have a dividend payout ratio of 115.38% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for MC.

51 employees have rated Moelis & Company Chief Executive Officer Ken Moelis on Glassdoor.com. Ken Moelis has an approval rating of 99% among the company's employees. This puts Ken Moelis in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Moelis & Company investors own include Boeing (BA), Home Depot (HD), Intel (INTC), NextEra Energy (NEE), Visa (V), Johnson & Johnson (JNJ), NVIDIA (NVDA), AT&T (T), Verizon Communications (VZ) and AbbVie (ABBV).

Moelis & Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "MC."

Moelis & Company's stock is owned by a number of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (10.17%), BlackRock Inc. (8.78%), Goldman Sachs Group Inc. (6.77%), Wasatch Advisors LP (6.00%), London Co. of Virginia (4.82%) and State Street Corp (3.38%). Insiders that own company stock include Christopher Callesano, Elizabeth Crain, Jeffrey Raich, Joseph Simon, Kenneth Moelis, Kenneth Shropshire, Navid Mahmoodzadegan and Osamu R Watanabe.
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Shares of MC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MC stock can currently be purchased for approximately $44.74.

Moelis & Company (NYSE:MC) has a market capitalization of $3.18 billion and generates $808.38 million in revenue each year. The asset manager earns $150.35 million in net income (profit) each year or $0.53 on an earnings per share basis.

The company employs 1,107 workers across the globe.

Moelis & Company's mailing address is 399 PARK AVENUE 5TH FLOOR, NEW YORK NY, 10022. The official website for the company is www.moelis.com. The asset manager can be reached via phone at (212) 883-3800, via email at investor.relations@moelis.com, or via fax at 212-880-4260.