Headlines about Morgan Stanley (NYSE:MS) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Morgan Stanley earned a news impact score of 0.18 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.1824390519378 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
- Morgan Stanley Income Securities Inc. Announces Approval of Reorganization (bizjournals.com)
- Arbitrators award Morgan Stanley $6 million from former broker (investmentnews.com)
- Amazon to Be #1 in Apparel in 2018: Morgan Stanley (investopedia.com)
- Is Morgan Stanley Fairly Valued? (finance.yahoo.com)
- Morgan Stanley (MS) Expected to Post Quarterly Sales of $10.03 Billion (americanbankingnews.com)
NYSE:MS traded down $0.24 during midday trading on Friday, hitting $54.46. 10,175,730 shares of the company were exchanged, compared to its average volume of 10,494,595. Morgan Stanley has a fifty-two week low of $40.43 and a fifty-two week high of $59.38. The company has a debt-to-equity ratio of 2.75, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market capitalization of $98,013.98, a P/E ratio of 15.13, a P/E/G ratio of 0.93 and a beta of 1.54.
Morgan Stanley (NYSE:MS) last announced its quarterly earnings results on Wednesday, April 18th. The financial services provider reported $1.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.28 by $0.17. The firm had revenue of $11.08 billion for the quarter, compared to analyst estimates of $10.37 billion. Morgan Stanley had a net margin of 15.09% and a return on equity of 11.10%. Morgan Stanley’s revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period last year, the business earned $1.00 EPS. sell-side analysts anticipate that Morgan Stanley will post 4.64 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 15th. Shareholders of record on Monday, April 30th will be paid a $0.25 dividend. The ex-dividend date is Friday, April 27th. This represents a $1.00 dividend on an annualized basis and a yield of 1.84%. Morgan Stanley’s dividend payout ratio is presently 27.78%.
Several research firms have recently issued reports on MS. UBS raised shares of Morgan Stanley to an “overweight” rating in a research note on Wednesday, January 10th. Atlantic Securities raised shares of Morgan Stanley from a “neutral” rating to an “overweight” rating and set a $61.00 target price on the stock in a research note on Wednesday, January 10th. Zacks Investment Research lowered shares of Morgan Stanley from a “buy” rating to a “hold” rating in a research note on Tuesday, March 20th. JPMorgan Chase restated a “buy” rating and set a $60.00 price target on shares of Morgan Stanley in a research report on Thursday, March 15th. Finally, Credit Suisse Group upped their price target on shares of Morgan Stanley from $61.00 to $62.00 and gave the stock an “outperform” rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $55.07.
In related news, CFO Jonathan Pruzan sold 52,204 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $55.35, for a total transaction of $2,889,491.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Daniel A. Simkowitz sold 87,050 shares of the business’s stock in a transaction dated Wednesday, February 14th. The stock was sold at an average price of $53.55, for a total transaction of $4,661,527.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 239,254 shares of company stock worth $13,085,019. 0.19% of the stock is currently owned by company insiders.
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Morgan Stanley Company Profile
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. The company operates through three segments: Institutional Securities, Wealth Management, and Investment Management.
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