Moody's Corporation (MCO)

NYSE: MCO · IEX Real-Time Price · USD
374.61
+1.98 (0.53%)
At close: Dec 8, 2023, 4:00 PM
375.77
+1.16 (0.31%)
After-hours: Dec 8, 2023, 7:57 PM EST
0.53%
Market Cap 68.55B
Revenue (ttm) 5.73B
Net Income (ttm) 1.51B
Shares Out 183.00M
EPS (ttm) 8.22
PE Ratio 45.57
Forward PE 34.51
Dividend $3.08 (0.82%)
Ex-Dividend Date Nov 22, 2023
Volume 1,042,973
Open 371.99
Previous Close 372.63
Day's Range 369.99 - 378.32
52-Week Range 272.70 - 378.32
Beta 1.31
Analysts Buy
Price Target 357.46 (-4.58%)
Earnings Date Jan 30, 2024

About MCO

Moody's Corporation operates as an integrated risk assessment firm worldwide. It operates in two segments, Moody's Investors Service and Moody's Analytics. The Moody's Investors Service segment publishes credit ratings and provides assessment services on various debt obligations, programs and facilities, and entities that issue such obligations, such as various corporate, financial institution, and governmental obligations, as well as and structured finance securities. Its ratings are disseminated through press releases to the public through el... [Read more]

Sector Financials
IPO Date Oct 3, 2000
Employees 14,426
Stock Exchange NYSE
Ticker Symbol MCO
Full Company Profile

Financial Performance

In 2022, Moody's's revenue was $5.47 billion, a decrease of -12.06% compared to the previous year's $6.22 billion. Earnings were $1.37 billion, a decrease of -37.94%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for MCO stock is "Buy." The 12-month stock price forecast is $357.46, which is a decrease of -4.58% from the latest price.

Price Target
$357.46
(-4.58% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

2 days 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.

2 days ago - Reuters

Chinese media calls Moody's 'biased', govt reaction seen more restrained

Chinese state media called Moody's "biased" on Wednesday for its negative rating outlook on the world's No. 2 economy, but some analysts said the government's official reaction was more restrained, si...

3 days ago - Reuters

Moody's outlook cut complicates Beijing's 'war' against market bears

Moody's negative outlook on China has intensified Beijing's battle with market bears, raising pressure on the government for more forceful measures to prop up sinking stocks and stabilise the yuan as ...

3 days ago - Reuters

Moody's Launches Moody's Research Assistant, a GenAI Tool to Power Analytic Insights

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) today announced the launch of Moody's Research Assistant, a first-of-its-kind search and analytical tool powered by generative artificial inte...

3 days ago - Business Wire

Why Investors Shrugged When Moody's Threatened a US Credit Rating Downgrade

Last week, when Moody's Investor Service said the U.S. government was at risk of losing its last gold-plated credit rating, markets met the news with a yawn.On Friday, the credit ratings company downg...

22 days ago - Investopedia

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, November 16, 2023. This presentation refl...

22 days ago - Business Wire

Bank of America, JPMorgan Chase and Wells Fargo shares shrug off Moody's outlook cut to negative from stable

Moody's Investors Service cut its rating outlook to negative from stable on Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co., but the stocks rallied Tuesday on the heels of tame infla...

Other symbols: BACWFCJPM
24 days ago - Market Watch

US stocks drop as investors assess Moody's outlook and brace for October inflation data

US stocks fell on Monday as traders took in Moody's outlook for the US credit rating. The agency downgraded its outlook from "stable" to "negative" as concerns over the US debt build.

25 days ago - Business Insider

Moody's Corporation to Present at the J.P. Morgan Ultimate Services Investor Conference on November 16, 2023

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) announced today that Rob Fauber, President and Chief Executive Officer, will speak at the J.P. Morgan Ultimate Services Investor Conference o...

4 weeks ago - Business Wire

Moody's creates private credit rating and research group

Ratings agency Moody's is creating a unit to research and rate private credit, the firm said on Monday.

4 weeks ago - Reuters

Moody's creates new private credit analytical franchise, appoints Ana Arsov to lead

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) today announced the creation of a new analytical franchise within Moody's Investors Service (MIS), the rating agency, that will focus on deliv...

4 weeks ago - Business Wire

Moody's stock rises on earnings beat as bond issuance rebounds

Moody's Corp.'s stock MCO, +5.22% rose 3.3% after the company beat its third-quarter earnings and revenue targets on a rebound in debt issuance. Moody's said it earned $2.43 a share in the quarter, we...

6 weeks ago - Market Watch

Moody's quarterly profit beats estimates on robust demand

Ratings agency Moody's reported higher-than-expected profit in the third quarter on Wednesday, helped by strong demand for its research and analytics.

6 weeks ago - Reuters

Moody's Corporation Reports Results for Third Quarter 2023

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced results for the third quarter 2023, as well as updated its outlook for full year 2023. The Third Quarter 2023 Earnings Releas...

6 weeks ago - Business Wire

Moody's and Google Cloud Partner on Generative AI Applications Tailored for Financial Services Professionals

New tools will aim to streamline the ability of finance professionals to analyze lengthy financial reports and disclosures using Google Cloud's generative AI  NEW YORK and SUNNYVALE, Calif. , Oct. 23,...

6 weeks ago - PRNewsWire

DATE SET FOR MOODY'S EARNINGS RELEASE AND INVESTOR TELECONFERENCE

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) will release its third quarter 2023 results before the start of NYSE trading on Wednesday, October 25, 2023. A copy of the earnings release a...

2 months ago - Business Wire

Moody's Launches VIS Rating in Partnership with Vietnam's Leading Financial institutions

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) today announced the launch of Vietnam Investors Service And Credit Rating Agency Joint Stock Company (VIS Rating), a partnership between Moody...

2 months ago - Business Wire

Moody's Appoints Richard Steele as General Counsel

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE:MCO) announced today that it has appointed Richard Steele as Senior Vice President and General Counsel, effective September 5, 2023. Mr. Steele wil...

3 months ago - Business Wire

Moody's says it's expecting a global growth slowdown

Marie Diron, managing director of Moody's Investors Service, says inflation could prove stickier than expected, leading to higher interest rates for longer and slower growth.

3 months ago - CNBC International TV

Moody's Corporation to Host Innovation Open House: Spotlight on Moody's Analytics

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) will host an Innovation Open House with a spotlight on Moody's Analytics (MA). The hybrid event will take place at Moody's headquarters in Ne...

3 months ago - Business Wire

Moody's to Present at a Fireside Chat With RBC Capital Markets on August 16, 2023

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) announced today that Stephen Tulenko, President of Moody's Analytics, and Nick Reed, Chief Product Officer of Moody's Analytics, will discuss...

4 months ago - Business Wire

Regional bank shares under fire again after credit downgrade, head for worst day in three months

The SPDR S&P Regional Banking ETF (KRE) fell by more than 3% and was on track for its worst day since May 4.

Other symbols: CFGKREMTBPNCWBS
4 months ago - CNBC

Moody's Announces CFO Transition

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced that Mark Kaye will step down as Executive Vice President and Chief Financial Officer, effective September 5, 2023, to assume...

4 months ago - Business Wire

Moody's Corporation Reports Results for Second Quarter 2023

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced results for the second quarter 2023, as well as updated its outlook for select metrics for full year 2023. The Second Quarter...

4 months ago - Business Wire