Moody's Corporation (MCO)

NYSE: MCO · IEX Real-Time Price · USD
447.20
-1.63 (-0.36%)
Jul 19, 2024, 12:13 PM EDT - Market open
-0.36%
Market Cap 81.58B
Revenue (ttm) 6.23B
Net Income (ttm) 1.68B
Shares Out 182.60M
EPS (ttm) 9.16
PE Ratio 49.00
Forward PE 40.37
Dividend $3.40 (0.76%)
Ex-Dividend Date May 16, 2024
Volume 398,277
Open 451.38
Previous Close 448.83
Day's Range 444.34 - 451.38
52-Week Range 298.86 - 458.24
Beta 1.28
Analysts Buy
Price Target 427.75 (-4.35%)
Earnings Date Jul 23, 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]

Sector Financials
IPO Date Oct 3, 2000
Employees 15,151
Stock Exchange NYSE
Ticker Symbol MCO
Full Company Profile

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for MCO stock is "Buy." The 12-month stock price forecast is $427.75, which is a decrease of -4.35% from the latest price.

Price Target
$427.75
(-4.35% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Date Set For Moody's Earnings Release And Investor Teleconference

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) will release its second quarter 2024 results before the start of NYSE trading on Tuesday, July 23, 2024. A copy of the earnings release and s...

10 days ago - Business Wire

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...

11 days ago - Business Wire

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...

Other symbols: MSCI
18 days ago - Business Wire

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.

Other symbols: GOOGGOOGLTRI
21 days ago - VentureBeat

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.

6 weeks ago - Market Watch

Moody's Corporation Posted an Updated Management Presentation for Investors

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) posted an updated management presentation for investors on its website, ir.moodys.com, on Thursday, May 16, 2024. This presentation reflects ...

2 months ago - Business Wire

Diligent Announces Enterprise Risk Management Dashboard Powered by Moody's Proprietary Data, Providing a Comprehensive View of External Risk

NEW YORK--(BUSINESS WIRE)--Diligent, a leading GRC SaaS company, today announced a first-of-its-kind Enterprise Risk Management (ERM) dashboard powered by industry-leading market data from Moody's (NY...

2 months ago - Business Wire

Moody's Corporation Reports Results for First Quarter 2024

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced results for the first quarter 2024, and provided an updated outlook for select metrics for full year 2024. The First Quarter ...

2 months ago - Business Wire

Moody's Teams Up with the New York Giants and New York Jets as the New Cornerstone Partner of MetLife Stadium

NEW YORK--(BUSINESS WIRE)--Moody's Corporation, the world's leading source of bold, clear and perceptive insights on exponential risk, announced today that it has been named an Official Cornerstone Pa...

3 months ago - Business Wire

Atsi Sheth Appointed Chief Credit Officer for Moody's Ratings

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) today announced that Atsi Sheth has been appointed Chief Credit Officer for Moody's Ratings. She will assume responsibility for the Ratings & ...

3 months ago - Business Wire

Moody's places embattled lender NYCB on 'review for upgrade'

Ratings agency Moody's said on Thursday it had changed the direction of its rating view of New York Community Bancorp (NYCB) to "review for upgrade" from "review for downgrade".

Other symbols: NYCB
4 months ago - Reuters

Moody's Corporation to Present at a Fireside Chat Hosted by Bank of America on March 7, 2024

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) announced today that Stephen Tulenko, President of Moody's Analytics, will present at the “Moody's Analytics Primer - a Deep Dive into MA” vi...

5 months ago - Business Wire

Moody's Announces 2024 Nonprofit Partners

NEW YORK--(BUSINESS WIRE)--Moody's Foundation has announced four new nonprofit partners for 2024, expanding its global reach and creating new ways for employees to make positive impacts in their commu...

5 months ago - Business Wire

Moody's Corporation to Present at the Raymond James Annual Institutional Investors Conference on March 5, 2024

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) announced today that Stephen Tulenko, President of Moody's Analytics, will speak at the Raymond James Annual Institutional Investors Conferen...

5 months ago - Business Wire

Warren Buffett's Top 3 Stocks: Portfolio Allocation To This Sector Increased In Q4 - Bank of America (NYSE:BAC), American Express (NYSE:AXP)

The finance sector commands just over 24% of Warren Buffett‘s Berkshire Hathaway BRK BRK portfolio. That's an increase from 21.75% from the previous quarter.

Other symbols: AXPBAC
5 months ago - Benzinga

Moody's Names Noémie Heuland as Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) announced today that Noémie Heuland will join the Company on April 1, 2024 as Senior Vice President and Chief Financial Officer (CFO). Ms. He...

Other symbols: DAY
5 months ago - Business Wire

Moody's Corporation Reports Results for Fourth Quarter and Full Year 2023; Sets Outlook for 2024

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced results for the fourth quarter and full year 2023, and provided its outlook for full year 2024. The Fourth Quarter and Full Y...

5 months ago - Business Wire

Moody's Recognized for Sustainability Achievements

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) announced today that it has received three prestigious recognitions for its sustainable business practices and continued progress toward its s...

5 months ago - Business Wire

Global creditors quiz ratings agencies over debt relief to the poorest

Global creditors and Moody's, Fitch and S&P Global Ratings met on Wednesday to discuss ratings agencies' actions after debt relief provided by official creditors to some of the world's poorest nations...

Other symbols: SPGI
5 months ago - Reuters

Date Set for Moody's Earnings Release and Investor Teleconference

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) will release its fourth quarter and full year 2023 results before the start of NYSE trading on Tuesday, February 13, 2024. A copy of the earn...

6 months ago - Business Wire

Moody's discusses 3 factors behind its negative sovereign credit rating for Asia in 2024

Christian de Guzman, senior vice president at Moody's Investors Service, cites China's "lackluster situation" and tight funding conditions as factors.

6 months ago - CNBC International TV

Seven tech stocks that can broaden your exposure beyond the “Magnificent Seven”

During the bull market of 2023, the “Magnificent Seven” stocks have dominated financial media coverage, and rightly so. There is no question that this group of companies has been performing very well ...

Other symbols: CSGPEFXIQVITMSCIVRSK
7 months ago - Market Watch

Moody's to Host Innovation Update: An Inside Look at Moody's Research Assistant

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) will host a webcast briefing on the launch of Moody's Research Assistant, a first-of-its-kind search and analytical tool powered by generativ...

7 months ago - Business Wire

Moody's cuts outlook for eight China banks on potential credit quality decline; downgrades Hong Kong too

Moody's Investors Service cut its outlook for eight Chinese banks to negative from stable on Wednesday, following an identical downgrade to China's credit rating a day earlier.

8 months ago - CNBC

Moody's changes Hong Kong's outlook to negative from stable

Moody's on Wednesday downgraded its outlook on Hong Kong to negative from stable, just a day after Moody's cut China's credit outlook.

8 months ago - Reuters