Morgan Stanley (MS)

NYSE: MS · IEX Real-Time Price · USD
86.55
+0.70 (0.82%)
At close: Feb 23, 2024, 4:00 PM
86.16
-0.39 (-0.45%)
After-hours: Feb 23, 2024, 7:58 PM EST
0.82%
Market Cap 142.06B
Revenue (ttm) 54.14B
Net Income (ttm) 8.53B
Shares Out 1.64B
EPS (ttm) 5.18
PE Ratio 16.71
Forward PE 13.07
Dividend $3.40 (3.93%)
Ex-Dividend Date Jan 30, 2024
Volume 5,793,779
Open 86.07
Previous Close 85.85
Day's Range 85.96 - 87.25
52-Week Range 69.42 - 99.20
Beta 1.43
Analysts Buy
Price Target 94.53 (+9.22%)
Earnings Date Apr 17, 2024

About MS

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. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions,... [Read more]

Industry Capital Markets
Sector Financials
Founded 1924
Employees 80,000
Stock Exchange NYSE
Ticker Symbol MS
Full Company Profile

Financial Performance

In 2023, Morgan Stanley's revenue was $54.14 billion, an increase of 0.89% compared to the previous year's $53.67 billion. Earnings were $8.53 billion, a decrease of -19.07%.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for MS stock is "Buy." The 12-month stock price forecast is $94.53, which is an increase of 9.22% from the latest price.

Price Target
$94.53
(9.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

FINRA Fines Morgan Stanley $1.6 Million for Municipal Securities Violations and Related Failures

WASHINGTON--(BUSINESS WIRE)--FINRA announced today that it has fined Morgan Stanley Smith Barney LLC $1.6 million for the firm's repeated failures to timely close out failed inter-dealer municipal sec...

10 days ago - Business Wire

Morgan Stanley layoffs 2024: Wall Street giant is cutting hundreds of jobs

Investment banking giant Morgan Stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a string of layoffs that Wall S...

10 days ago - Fast Company

US banks face $35 bln hit from 'Basel Endgame', says Oliver Wyman

U.S. banks could lose up to $35 billion in revenues in 2025 under current proposals for new capital rules that could "relevel the playing field" for European lenders, a study showed on Thursday.

Other symbols: BACCGSJPMWFC
10 days ago - Reuters

BN Katherine Doherty on Morgan Stanley job cuts for digital

Morgan Stanley is planning to eliminate several hundred jobs in the first such move under new Chief Executive Officer Ted Pick. Bloomberg has learned that the cuts will affect less than 1% of employee...

11 days ago - Bloomberg Markets and Finance

Morgan Stanley to reportedly cut hundreds of jobs in wealth management division

Morgan Stanley will lay off several hundred bankers in its wealth management division in a cost-saving measure implemented by the Wall Street firm.

11 days ago - New York Post

Morgan Stanley laying off a few hundred in wealth-management division

CNBC's Leslie Picker joins 'Power Lunch' to report on the latest round of layoffs in the financial sector.

11 days ago - CNBC Television

Morgan Stanley cutting hundreds of wealth-management jobs

Morgan Stanley is cutting hundreds of wealth-management positions, including some managing directors, in one of new Chief Executive Ted Pick's first major moves since taking over six weeks ago, accord...

11 days ago - Market Watch

Morgan Stanley laying off hundreds in wealth management unit, source says

Investment banking giant Morgan Stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a string of layoffs that Wall S...

11 days ago - Reuters

Morgan Stanley Is Laying Off Several Hundred in Wealth-Management Division

Morgan Stanley plans to cut several hundred jobs in its wealth-management division as new Chief Executive Ted Pick seeks to rein in costs in an area that is critical to the Wall Street firm's success ...

11 days ago - WSJ

EQT hires Morgan Stanley to explore sale for Idealista, sources say

EQT has hired Morgan Stanley to explore a sale of Spanish property website Idealista, two people familiar with the matter told Reuters.

13 days ago - Reuters

Morgan Stanley Inclusive Ventures Lab Hosts Demo Day for Largest, Most Global Cohort of Startups

NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) today is hosting its largest global Demo Day, with 23 participating companies from North America and Europe, the Middle East and Africa (EMEA). Coh...

18 days ago - Business Wire

Mike Wilson Is Leaving Morgan Stanley's Global Investment Committee

Mike Wilson, Morgan Stanley's top US equity strategist, is stepping down from his role as chair of the firm's Global Investment Committee, according to an internal memo. Sonali Basak reports.

23 days ago - Bloomberg Markets and Finance

Big banks defeat U.S. Treasury rigging appeal

A federal appeals court on Thursday dismissed an appeal by investors who accused 10 of the world's largest banks of antitrust violations for conspiring to suppress competition in the now $26 trillion ...

Other symbols: BACBCSCGSJPMNWGUBS
24 days ago - Reuters

AI sector is on course to use as much electricity as Spain by 2027, new report warns

The fast-paced growth of the generative artificial intelligence (AI) sector has put it on course to start consuming the same amount of electricity each year by 2027 as was used by the entirety of Spai...

25 days ago - Market Watch

Jed Finn to Speak at the Bank of America Financial Services Conference

NEW YORK--(BUSINESS WIRE)--Jed Finn, Head of Wealth Management at Morgan Stanley, will speak at the Bank of America Financial Services Conference on Thursday, February 22, 2024 at 9:40 a.m. (ET). Both...

26 days ago - Business Wire

Exclusive: Morgan Stanley plans to double private credit portfolio to $50 bln

Morgan Stanley's asset management division aims to double its private credit portfolio to $50 billion in the medium term as it gathers funds from large investors to loan out to companies.

4 weeks ago - Reuters

Morgan Stanley Schedules Quarterly Investor Conference Call

NEW YORK--(BUSINESS WIRE)--Morgan Stanley (NYSE: MS) will announce its first quarter 2024 financial results on Tuesday, April 16, 2024, at approximately 7:30 a.m. (ET). A conference call to discuss th...

4 weeks ago - Business Wire

Morgan Stanley Direct Lending Fund raises $103.35 mln in IPO

Morgan Stanley Direct Lending Fund (MSDL.N), opens new tab said on Tuesday it had raised $103.35 million in its initial public offering. The fund chiefly invests in riskier bonds, like those issued by...

Other symbols: MSDL
4 weeks ago - Reuters

Morgan Stanley Direct Lending Fund Prices Initial Public Offering

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (“MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced that it priced its initia...

Other symbols: MSDL
4 weeks ago - Business Wire

Banking Industry Poised for Reset, Growth in 2024, KBW CEO Says

Tom Michaud, CEO at KBW, sees better days ahead for the US banking industry as he expects it to begin growing revenues, raising dividends, and increasing buybacks starting in June of this year. ------...

Other symbols: BACCGSJPMWFC
4 weeks ago - Bloomberg Markets and Finance

Morgan Stanley pays James Gorman $37 million out of a potential $40 million for 2023

Morgan Stanley's James P. Gorman has been awarded $37 million — near the top of the $20 million to $40 million range set the by bank's board of directors — for his performance as chief executive of th...

4 weeks ago - Market Watch

Morgan Stanley paid James Gorman $37M in last year as CEO

Morgan Stanley's board awarded James Gorman a handsome 17% raise raise in 2023, making his total compensation for his last year as the bank's chief executive $37 million. On top of his $1.

4 weeks ago - New York Post

JPMorgan and Morgan Stanley recommend buying 5-year note ahead of auction

Bond yields were mixed on Monday, as both JPMorgan and Morgan Stanley recommended buying 5-year notes ahead of an auction this week.

Other symbols: JPM
4 weeks ago - Market Watch

3 Dividend Stocks for January 2024

The dividend prospects of three firms with wide or narrow Morningstar Economic Moat Ratings.

Other symbols: KVUELMT
5 weeks ago - Morningstar

Morgan Stanley's Gorman awarded 17% pay bump to $37 million in last year as CEO - filing

Morgan Stanley executive chairman and former CEO James Gorman's compensation rose 17% to $37 million for 2023, the bank said in a filing on Friday.

5 weeks ago - Reuters