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 shares have increased by 36.3% and is now trading at $37.79. 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) announced its earnings results on Wednesday, April, 22nd. The asset manager reported $0.45 EPS for the quarter, topping the consensus estimate of $0.34 by $0.11. The asset manager had revenue of $153.71 million for the quarter, compared to analyst estimates of $150.29 million. Moelis & Co had a return on equity of 41.37% and a net margin of 15.30%. Moelis & Co's quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.27 earnings per share. View Moelis & Co's earnings history.

Moelis & Co announced 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 annualized dividend and a dividend yield of 2.70%. The ex-dividend date of this dividend is Friday, May 1st. View Moelis & Co's dividend history.

6 analysts have issued 12-month target prices for Moelis & Co's shares. Their forecasts range from $20.00 to $41.00. On average, they anticipate Moelis & Co's share price to reach $32.00 in the next year. This suggests that the stock has a possible downside of 15.3%. View analysts' price targets for Moelis & Co.

News articles about MC stock have been trending extremely negative this week, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Moelis & Co earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned media stories about the asset manager a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several 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), Eaton Vance (EV), Legg Mason (LM), Janus Henderson Group (JHG), Invesco (IVZ), Houlihan Lokey (HLI), Hamilton Lane (HLNE), 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 shareholders 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 $37.79.

Moelis & Co has a market capitalization of $2.41 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]