Morgan Stanley (NYSE:MS)’s traded shares stood at 7.27 million during the last session, with the company’s beta value hitting 1.35. At the close of trading, the stock’s price was $116.88, to imply a decrease of -1.92% or -$2.29 in intraday trading. The MS share’s 52-week high remains $121.45, putting it -3.91% down since that peak but still an impressive 40.61% since price per share fell to its 52-week low of $69.42. The company has a valuation of $189.10B, with an average of 8.28 million shares in intraday trading volume over the past 10 days and average of 5.82 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Morgan Stanley (MS), translating to a mean rating of 2.57. Of 19 analyst(s) looking at the stock, 0 analyst(s) give MS a Sell rating. 0 of those analysts rate the stock as Overweight while 10 advise Hold as 9 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.62.
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Morgan Stanley (NYSE:MS) trade information
After registering a -1.92% downside in the last session, Morgan Stanley (MS) has traded red over the past five days. The 5-day price performance for the stock is -3.45%, and 11.74% over 30 days. With these gigs, the year-to-date price performance is 25.34%. Short interest in Morgan Stanley (NYSE:MS) saw shorts transact 16.37 million shares and set a 2.82 days time to cover.
The extremes give us $45 and $133 for target low and target high price respectively. As such, MS has been trading -13.79% off suggested target high and 61.5% from its likely low.
Morgan Stanley (MS) estimates and forecasts
Looking at statistics comparing Morgan Stanley share performance against respective industry, we note that the company has outperformed competitors. Morgan Stanley (MS) shares are 25.91% up over the last 6 months, with its year-to-date growth rate higher than industry average at 33.52% against 21.20%. Revenue is forecast to grow 90.60% this quarter before jumping 4.00% for the next one. The rating firms project that company’s revenue will grow 11.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 14 analysts is 14.7B. Meanwhile, for the current quarter, a total of 9 analyst(s) estimate revenue growth to 16.02B.Earnings reports from the last fiscal year show that sales brought in 12.9B and 15.14B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 14.00% before jumping 5.90% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 1.84% for the past 5-year period. While 2024 is set for a 40.55% return in earnings, projections for the next 5 years are at 17.30% annually.
MS Dividends
Morgan Stanley has its next earnings report out on 2025-Jan-16. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Morgan Stanley has a forward dividend ratio of 3.48, with the share yield ticking at 2.97% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 3.0%.
Morgan Stanley (NYSE:MS)’s Major holders
Morgan Stanley insiders hold 23.65% of total outstanding shares, with institutional holders owning 61.93% of the shares at 81.12% float percentage. In total, 61.93% institutions holds shares in the company, led by MITSUBISHI UFJ FINANCIAL GROUP INC. As of 2024-06-30, the company held over 377.09 million shares (or 23.5531% of shares), all amounting to roughly $36.65 billion.
The next major institution holding the largest number of shares is STATE STREET CORP with 110.27 million shares, or about 6.8875% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10.72 billion.
We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Morgan Stanley (MS) shares. Going by data provided on Jun 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 38.51 shares. This is just over 2.37% of the total shares, with a market valuation of $4.5 billion. Data from the same date shows that the other fund manager holds a little less at 32.12, or 1.98% of the shares, all valued at about 3.75 billion.
