Research Analysts Offer Predictions for Morgan Stanley’s Q1 2018 Earnings (MS)
Morgan Stanley (NYSE:MS) – Stock analysts at Oppenheimer increased their Q1 2018 earnings per share estimates for shares of Morgan Stanley in a research note issued on Thursday. Oppenheimer analyst C. Kotowski now forecasts that the financial services provider will earn $1.26 per share for the quarter, up from their previous estimate of $1.24. Oppenheimer has a “Hold” rating on the stock. Oppenheimer also issued estimates for Morgan Stanley’s Q2 2018 earnings at $1.11 EPS, Q3 2018 earnings at $1.08 EPS, Q4 2018 earnings at $0.93 EPS, FY2018 earnings at $4.39 EPS and FY2019 earnings at $4.85 EPS.
Morgan Stanley (NYSE:MS) last released its earnings results on Thursday, January 18th. The financial services provider reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.07. The firm had revenue of $9.50 billion during the quarter, compared to the consensus estimate of $9.25 billion. Morgan Stanley had a return on equity of 10.03% and a net margin of 14.10%. The company’s revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.81 EPS.
Morgan Stanley (MS) traded down $0.12 during trading hours on Monday, hitting $57.24. The stock had a trading volume of 3,312,533 shares, compared to its average volume of 9,957,515. The company has a market cap of $103,410.00, a P/E ratio of 18.52, a price-to-earnings-growth ratio of 0.92 and a beta of 1.65. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.68. Morgan Stanley has a 1 year low of $40.06 and a 1 year high of $57.50.
Several institutional investors have recently made changes to their positions in the stock. Regentatlantic Capital LLC increased its position in shares of Morgan Stanley by 10.1% during the fourth quarter. Regentatlantic Capital LLC now owns 119,617 shares of the financial services provider’s stock valued at $6,276,000 after acquiring an additional 10,934 shares during the last quarter. Strs Ohio increased its position in shares of Morgan Stanley by 64.9% during the fourth quarter. Strs Ohio now owns 1,440,430 shares of the financial services provider’s stock valued at $75,579,000 after acquiring an additional 567,069 shares during the last quarter. Jag Capital Management LLC increased its position in shares of Morgan Stanley by 34.1% during the fourth quarter. Jag Capital Management LLC now owns 303,700 shares of the financial services provider’s stock valued at $15,935,000 after acquiring an additional 77,308 shares during the last quarter. Bowling Portfolio Management LLC purchased a new stake in shares of Morgan Stanley during the fourth quarter valued at approximately $4,333,000. Finally, Eastern Bank increased its position in shares of Morgan Stanley by 0.5% during the fourth quarter. Eastern Bank now owns 341,346 shares of the financial services provider’s stock valued at $17,910,000 after acquiring an additional 1,691 shares during the last quarter. Institutional investors own 85.64% of the company’s stock.
In related news, Director Alistair Darling sold 3,850 shares of the company’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $49.29, for a total transaction of $189,766.50. Following the sale, the director now owns 14,218 shares in the company, valued at approximately $700,805.22. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Keishi Hotsuki sold 25,000 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total value of $1,250,000.00. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.
The business also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Wednesday, January 31st will be paid a $0.25 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.75%. Morgan Stanley’s payout ratio is 32.36%.
Morgan Stanley Company Profile
Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.
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