NYSE:MCMoelis & Co Stock Price, Forecast & News

Moelis & Co's stock was trading at $27.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MC stock has increased by 6.7% and is now trading at $29.59. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moelis & Co in the last year. There are currently 2 sell ratings, 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 Wednesday, July 29th 2020. View our earnings forecast for Moelis & Co.

Moelis & Co will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Moelis & Co (NYSE:MC) issued its quarterly earnings results on Wednesday, April, 22nd. The asset manager reported $0.45 earnings per share for the quarter, topping the Zacks' 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 company's revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the business earned $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 yield of 3.45%. The ex-dividend date of this dividend is Friday, May 1st. View Moelis & Co's dividend history.

7 analysts have issued 1 year price objectives for Moelis & Co's stock. Their forecasts range from $22.00 to $41.00. On average, they expect Moelis & Co's stock price to reach $32.86 in the next twelve months. This suggests a possible upside of 11.0% from the stock's current price. View analysts' price targets for Moelis & Co.

News articles about MC stock have been trending somewhat positive this week, according to InfoTrie. The research firm ranks the sentiment of press 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 positive five, with scores nearest to five being the most favorable. Moelis & Co earned a daily sentiment score of 1.3 on InfoTrie's scale. They also assigned press coverage about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Moelis & Co.

Some companies that are related to Moelis & Co include Morningstar (MORN), Invesco (IVZ), Legg Mason (LM), Eaton Vance (EV), Janus Henderson Group (JHG), Houlihan Lokey (HLI), Hamilton Lane (HLNE), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Lazard (LAZ), MAN GRP PLC/ADR (MNGPY), AllianceBernstein (AB), Artisan Partners Asset Management (APAM), Focus Financial Partners (FOCS) and Federated Investors (FII). 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 variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.11%). 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 acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. 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 $29.59.

Moelis & Co has a market capitalization of $1.89 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]