Moody's Corporation (MCO)
Market Cap | 90.77B |
Revenue (ttm) | 6.90B |
Net Income (ttm) | 2.00B |
Shares Out | 181.23M |
EPS (ttm) | 10.94 |
PE Ratio | 45.80 |
Forward PE | 39.40 |
Dividend | $3.40 (0.68%) |
Ex-Dividend Date | Nov 22, 2024 |
Volume | 356,130 |
Open | 502.15 |
Previous Close | 499.66 |
Day's Range | 497.49 - 503.61 |
52-Week Range | 358.68 - 503.61 |
Beta | 1.29 |
Analysts | Buy |
Price Target | 494.29 (-1.32%) |
Earnings Date | Oct 22, 2024 |
About MCO
Moody's Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody’s Analytics and Moody’s Investors Services. The Moody’s Analytics segment develops a range of products and services that support the risk management activities of institutional participants in financial markets. It also offers credit research, credit models and analytics, economics data and models, and structured finance solutions; data sets on companies and securities; and SaaS solutions supporting banking, insurance, and know your ... [Read more]
Financial Performance
In 2023, Moody's's revenue was $5.92 billion, an increase of 8.19% compared to the previous year's $5.47 billion. Earnings were $1.61 billion, an increase of 16.96%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for MCO stock is "Buy." The 12-month stock price forecast is $494.29, which is a decrease of -1.32% from the latest price.
News
Moody's Corporation to Present at Investor Conferences
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) announced today that the company will be presenting at the Redburn Atlantic CEO Conference, as well as the Goldman Sachs Financial Services C...
Moody's Acquires Numerated Growth Technologies, Expanding Lending Technology Solutions
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) announced today that it has acquired Numerated Growth Technologies (Numerated), a loan origination platform for financial institutions. The tr...
Infinity Water Solutions Sets a National Precedent, Launches America's First-Ever Blue Financing Model
AUSTIN, Texas--(BUSINESS WIRE)--Infinity Water Solutions becomes first U.S. company to launch a ‘Blue Circular Economy Financing Framework.'.
Moody's Corporation to Present at the J.P. Morgan Ultimate Services Conference on November 14, 2024
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) announced today that Noémie Heuland, Chief Financial Officer, will speak at the J.P. Morgan Ultimate Services Conference on Thursday, Novembe...
Moody's: Solid Q3 2024 Performance And Valuation Gap To SPGI Is Closing
I reiterate my hold rating for Moody's due to its valuation premium compared to S&P Global, despite strong fundamentals. MCO's 3Q24 earnings report showed impressive revenue and EPS growth, driven by ...
Moody's Q3 Earnings: Emerging Benefactors And Solid Baseline Results
Moody's Corporation's Q3 earnings report showed impressive line items and guidance. Segmental growth remains robust, and profit margins are comprehensive. Normalization in M&A, expansion in private de...
Moody's Corporation (MCO) Q3 2024 Earnings Call Transcript
Moody's Corporation (NYSE:MCO) Q3 2024 Earnings Conference Call October 22, 2024 11:30 AM ET Company Participants Shivani Kak - Head, Investor Relations Rob Fauber - President & Chief Executive Offic...
Moody's Corporation Reports Results for Third Quarter 2024
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced results for the third quarter 2024, and provided an updated outlook for full year 2024. The Third Quarter 2024 Earnings Relea...
Oakmark's Bill Nygren on stocks to play today
Bill Nygren, Oakmark portfolio manager, joins 'Money Movers' to discuss the rationale behind the stock position's Nygren has added, why value is the most important factor, and much more.
Moody's Wins Top Ranking in ChartisRiskTech100 for Third Consecutive Year
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) has been awarded the number-one overall ranking in the Chartis RiskTech100® 2025 report, marking Moody's third consecutive year in the top pos...
Date Set For Moody's Earnings Release And Investor Teleconference
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) will release its third quarter 2024 results before the start of NYSE trading on Tuesday, October 22, 2024. A copy of the earnings release and...
Moody's stock has it all, but has one potential risk
Moody's (MCO) stock price has done well over the years, helped by its organic growth and its role in the financial services industry. It has jumped from below $10 in 1998 to almost $500 today, meaning...
Moody's Acquires Praedicat, Adding Casualty and Liability Modeling Capabilities
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) announced today that it has acquired Praedicat, a leading provider of casualty insurance analytics. The acquisition adds comprehensive casualt...
Moody's: Capitalize On The Upcoming Global Easing Cycle
Moody's is a high-quality compounder with a deep economic moat and strong cash flow, delivering a 19% annualized return over the past decade. The Fed's rate cut cycle is expected to boost global bond ...
Moody's Corporation: Great Business But Currently Very Expensive
Moody's is a global credit ratings agency assisting organizations in managing risk in fixed income investments. It operates in two segments: Moody's Analytics and Moody's Investors Service. Moody's ha...
Moody's Corporation to Present at the Oppenheimer Annual Technology, Internet and Communications Conference on August 12, 2024
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) announced today that Stephen Tulenko, President of Moody's Analytics, will speak at the Oppenheimer Annual Technology, Internet and Communica...
Moody's Corporation (MCO) Q2 2024 Earnings Call Transcript
Moody's Corporation (NYSE:MCO) Q2 2024 Results Conference Call July 23, 2024 1:00 PM ET Company Participants Shivani Kak - Head of Investor Relations Rob Fauber - President and Chief Executive Office...
Moody's: Q2 2024 Fuels Its Golden Period
Shareholder remuneration includes increasing dividends and buybacks, with a slightly overvalued stock but a positive outlook for long-term investment. Moody's is experiencing a golden moment with reco...
Moody's Corporation Reports Results for Second Quarter 2024
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced results for the second quarter 2024, and provided an updated outlook for select metrics for full year 2024. The Second Quarte...
Moody's: Q2 Earnings, What To Expect And What I Am Doing As Investor
Duopolies like S&P Global and Moody's are strong investments. When Moody's reported Q1 earnings, we saw potential for growth in Q2. In this article, we discuss the new favorable developments for the c...
Moody's Fully Acquires GCR Ratings, Deepening Presence in Africa's Domestic Credit Markets
NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) announced today that it has fully acquired Global Credit Rating Company Limited (GCR), a leading domestic credit rating agency with operations...
Moody's and MSCI Announce a Strategic Partnership to Enhance Transparency and Deliver Data-Driven Risk Solutions
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE:MSCI) and Moody's Corporation (NYSE:MCO) today announced a groundbreaking strategic partnership agreement, leveraging each other's strengths to bring greater...
Google partners with Thomson Reuters, Moody's and more to give AI real-world data
Google is partnering with third-party data sources to help ground AI responses and minimize hallucinations. Data from Moody's, MSCI, Thomson Reuters and Zoominfo will be incorporated next quarter.
Wide Moat Dividend Growth - What Makes Moody's Such A Powerful Compounder
Moody's is a top-tier choice for dividend stock investors due to its wide-moat business model and strong financial performance. The company excels in its Analytics and Investor Services segments, with...
French bond yields steady as Citi says Moody's may join the downgrade party
French bond yields were steady on Monday after the country's rating was lowered one notch by S&P Global Ratings, as the rating agency lifted its budget deficit estimate.