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Wednesday, September 27, 2023

Analysts Point To Morgan Stanley (NYSE: MS) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Morgan Stanley (MS) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.42, or -0.49%, to $84.50. The Morgan Stanley has recorded 944,530 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Morgan Stanley Infrastructure Partners, Crowley Advance U.S. Wind Energy.

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Stocks Info

As a NYSE listed company, MS falls under the Financial sector while operating within the Capital Markets industry segment. At the end of the last regular session, the stock closed at $84.92 and fluctuated between $84.95 as its day high and $83.66 as its day low. The current market capitalization of Morgan Stanley is $138.92B. A total of 6.12 million shares were traded on the day, compared to an average of 6.93M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MS has seen 0 BUY and 12 SELL insider trades, representing the acquisition of 0 and the disposition of 461,911 shares. Over the last 12 months, there were 36 BUYs and 53 SELLs from insiders. Insiders purchased 1,217,615 shares during that period but sold 1,791,867.

In the most recent transaction, GORMAN JAMES P sold 125,000 shares of MS for 95.19 per share on Jul 24. After the transaction, the Chairman and CEO now owns 1,011,345 company shares. In a previous transaction on Jul 24, PICK EDWARD N sold 100,000 shares at 94.33 per share. MS shares that Co-President/Head of IS owns now total 604,845.

Among the insiders who sold shares, SIMKOWITZ DANIEL A disposed of 37,608 shares on Jul 20 at a per-share price of $93.78. This resulted in the Head of Investment Management holding 319,040 shares of MS after the transaction. In another insider transaction, GORMAN JAMES P sold 125,000 shares at $92.35 per share on Jul 19. Company shares held by the Chairman and CEO now total 1,136,345.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Morgan Stanley pays an annual dividend of $3.40, resulting in a dividend yield of 4.00%, and it has a price to earnings (P/E) ratio of 14.96. MS’s most recent ex-dividend date was 7/28/2023 when it declared a $0.85 quarterly dividend that was paid in cash on 8/15/2023. Previously, the company paid the dividend on 5/15/2023 with an ex-dividend date of 4/28/2023. The MS stock dividend was $0.7750 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MS in the last 3 months, the mean price target is $97.91 with high estimates of $112.00 and low estimates of $80.00. In terms of 52-week highs and lows, MS has a high of $100.99 and a low of $74.67.

As of this writing, MS has an earnings estimate of $1.44 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.54 per share and a lower estimate of $1.27. The company reported an EPS of $1.55 in the last quarter, which was 4.70% higher than expectations of $1.48.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $56.05, while its Total Shareholder’s Equity was $106.60B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MS is Buy with a score of 4.20.

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