NYSE:MCMoelis & Co Stock Price, Forecast & News

Moelis & Co's stock was trading at $27.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MC stock has increased by 21.3% and is now trading at $33.63. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moelis & Co in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Moelis & Co.

Moelis & Co is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Moelis & Co.

Moelis & Co (NYSE:MC) released its quarterly earnings data on Wednesday, April, 22nd. The asset manager reported $0.45 EPS for the quarter, beating the consensus estimate of $0.34 by $0.11. The asset manager earned $153.71 million during the quarter, compared to analysts' expectations of $150.29 million. Moelis & Co had a return on equity of 41.37% and a net margin of 15.30%. The firm's quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 EPS. View Moelis & Co's earnings history.

Moelis & Co declared a quarterly dividend on Monday, April 20th. Shareholders of record on Monday, May 4th will be given a dividend of $0.255 per share on Tuesday, June 30th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend is Friday, May 1st. View Moelis & Co's dividend history.

6 brokers have issued 1-year price objectives for Moelis & Co's stock. Their forecasts range from $20.00 to $41.00. On average, they expect Moelis & Co's stock price to reach $32.00 in the next twelve months. This suggests that the stock has a possible downside of 4.8%. View analysts' price targets for Moelis & Co.

Press coverage about MC stock has been trending somewhat negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Moelis & Co earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news articles about the asset manager a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the next few days. View the latest news aboutMoelis & Co.

Some companies that are related to Moelis & Co include Oaktree Capital Group LLC Unit (OAK), Morningstar (MORN), Ares Management (ARES), Legg Mason (LM), Eaton Vance (EV), Janus Henderson Group (JHG), Houlihan Lokey (HLI), Hamilton Lane (HLNE), Invesco (IVZ), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Lazard (LAZ), MAN GRP PLC/ADR (MNGPY), AllianceBernstein (AB) and Federated Hermes (FHI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Moelis & Co investors own include Home Depot (HD), NVIDIA (NVDA), NextEra Energy (NEE), Boeing (BA), Alibaba Group (BABA), Cisco Systems (CSCO), Intel (INTC), Mastercard (MA), AbbVie (ABBV) and Mcdonald's (MCD).

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

Moelis & Co's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.39%), London Co. of Virginia (5.18%), JPMorgan Chase & Co. (4.60%), Capital Research Global Investors (4.54%), Jennison Associates LLC (1.86%) and APG Asset Management N.V. (1.66%). Company insiders that own Moelis & Co stock include Christopher Callesano, Elizabeth Crain, Jeffrey Raich, Joseph Simon, Kenneth Moelis, Kenneth Shropshire, Navid Mahmoodzadegan and Osamu R Watanabe. View institutional ownership trends for Moelis & Co.

MC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Capital Research Global Investors, Morgan Stanley, Morgan Stanley, WINTON GROUP Ltd, Russell Investments Group Ltd., Squarepoint Ops LLC, and Nisa Investment Advisors LLC. Company insiders that have sold Moelis & Co company stock in the last year include Christopher Callesano, Elizabeth Crain, Jeffrey Raich, Joseph Simon, Kenneth Moelis, Navid Mahmoodzadegan, and Osamu R Watanabe. View insider buying and selling activity for Moelis & Co.

MC stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., London Co. of Virginia, Federated Hermes Inc., Vaughan Nelson Investment Management L.P., Tributary Capital Management LLC, and Capital Management Corp VA. View insider buying and selling activity for Moelis & Co.

Shares of MC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MC stock can currently be purchased for approximately $33.63.

Moelis & Co has a market capitalization of $2.15 billion and generates $746.53 million in revenue each year. The asset manager earns $105.10 million in net income (profit) each year or $1.96 on an earnings per share basis. Moelis & Co employs 845 workers across the globe.

The official website for Moelis & Co is www.moelis.com.

Moelis & Co's mailing address is 399 PARK AVENUE 5TH FLOOR, NEW YORK NY, 10022. The asset manager can be reached via phone at 212-883-3800 or via email at [email protected]