View ValuationMorgan Stanley 향후 성장Future 기준 점검 1/6Morgan Stanley (는) 각각 연간 3.9% 및 4.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 6.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 17.2% 로 예상됩니다.핵심 정보3.9%이익 성장률6.31%EPS 성장률Capital Markets 이익 성장0.8%매출 성장률4.4%향후 자기자본이익률17.19%애널리스트 커버리지Good마지막 업데이트17 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesRecent Insider Transactions • Apr 20Co-President recently sold €8.3m worth of stockOn the 16th of April, Andrew Saperstein sold around 52k shares on-market at roughly €160 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andrew has been a net seller over the last 12 months, reducing personal holdings by €23m.공시 • Apr 17Morgan Stanley announces Quarterly dividend, payable on May 15, 2026Morgan Stanley announced Quarterly dividend of USD 1.0000 per share payable on May 15, 2026, ex-date on April 30, 2026 and record date on April 30, 2026.Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: US$3.47 (vs US$2.62 in 1Q 2025)First quarter 2026 results: EPS: US$3.47 (up from US$2.62 in 1Q 2025). Revenue: US$20.5b (up 16% from 1Q 2025). Net income: US$5.41b (up 30% from 1Q 2025). Profit margin: 26% (up from 24% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.0% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.공시 • Apr 04Morgan Stanley, Annual General Meeting, May 14, 2026Morgan Stanley, Annual General Meeting, May 14, 2026.Reported Earnings • Feb 22Full year 2025 earnings released: EPS: US$10.32 (vs US$8.05 in FY 2024)Full year 2025 results: EPS: US$10.32 (up from US$8.05 in FY 2024). Revenue: US$70.3b (up 14% from FY 2024). Net income: US$16.2b (up 27% from FY 2024). Profit margin: 23% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.공시 • Feb 20Morgan Stanley to Report Q4, 2026 Results on Jan 14, 2027Morgan Stanley announced that they will report Q4, 2026 results at 7:30 AM, US Eastern Standard Time on Jan 14, 2027New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.1% average weekly change). Significant insider selling over the past 3 months (€21m sold).Recent Insider Transactions • Feb 01Co-President recently sold €5.1m worth of stockOn the 30th of January, Daniel Simkowitz sold around 33k shares on-market at roughly €154 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Daniel has been a net seller over the last 12 months, reducing personal holdings by €12m.Recent Insider Transactions • Jan 23Co-President recently sold €4.7m worth of stockOn the 20th of January, Andrew Saperstein sold around 30k shares on-market at roughly €156 per share. This transaction amounted to 9.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €14m. Andrew has been a net seller over the last 12 months, reducing personal holdings by €14m.Declared Dividend • Jan 18Fourth quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 29th January 2026 Payment date: 13th February 2026 Dividend yield will be 2.1%, which is lower than the industry average of 4.6%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jan 16Full year 2025 earnings released: EPS: US$10.32 (vs US$8.05 in FY 2024)Full year 2025 results: EPS: US$10.32 (up from US$8.05 in FY 2024). Revenue: US$70.3b (up 14% from FY 2024). Net income: US$16.2b (up 27% from FY 2024). Profit margin: 23% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.3% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.공시 • Jan 15+ 1 more updateMorgan Stanley Declares Quarterly Dividend, Payable on February 13, 2026Morgan Stanley Board of Directors declared a $1.00 quarterly dividend per share payable on February 13, 2026 to common shareholders of record on January 30, 2026.공시 • Jan 09Morgan Stanley Announces Managing Directors AppointmentsMorgan Stanley has announced the appointment of 184 Managing Directors. The new Managing Directors are: Sahil Aggarwal; Jason B. Lynch; Meg Angeles-Dayrit; Jon Mace; Lauren Ares; Paul Madenjian; Sara Banelli; Dave Magoloff; Arjun Bathla; Anthony Maiorano; Michael Beilstein; Steven Markarian; Aditya Bhatla; Paolo Mattiello; Carolee Boles; Lyndal May; Gilbert Borrmann; Kelly McCarthy; William Boyle; Cameron McCarthy; Eric Bradbury; Eric McConnell; Lucy Callaghan; Michael McGillen; Gerard Campbell; James McNichol; Alessandro Caruso; Carien Meintjes; Todd Castagno; Yosuke Morikawa; Nicole Castellano; James Morphis; Sidharth Chaturvedi; Roly Morris; Eric Cheung; Daniel Murphy; Elitza Christoff; Rob Murray III; Elizabeth Cioffi; Neelesh Nath; Dan Codreanu; Anuradha Nath; Madhu Coimbatore; Nick Nocito; Tristan Collier; Michael O’Byrne; Tom Cresswell; Tim O’Connor; Meredith Curley Shaw; Takamasa Ochi; Nicole De Bello; Jeannie Oen; Patrick Deane; Johan Olofsson; Paolo Della Rovere; Hilary Ann O'Neill; Tara Denley; Jim Paolillo; Ronke Desalu-Dottin; Vishwas Patkar; Dominick DiMeo; Ricardo Penades Ruiz; Tommaso Dondi; Seth A. Perlman; Michael Dong; Andre Hassin Pinto; Etim E. Edim; Ethan Plater; Dana Erdfarb; David Pringle; Omer Erkovan; Monica Qin; Michael Escott; Jami Badr Quraishi; Joseph Esposito; Akhilesh Raina; Diogo Fagliari; Joshua Reichert; Andrew Farmer; Ricardo Rivera Saad; Simon Ferguson; Anthony Rizzi; Ted Finan; Jennifer Robertson; Kevin M. Fitzpatrick; Joanna Rogowska; Takayuki Furukawa; Nick Romero; Alain Gabriel; Rich Rooney; Catherine Gagnon; Eric Rosenblum; Pilar Garicano; Tanmay Sachan; Adam Gaspar; Kathleen Salvaty; Nishant Gaurav; Akshat Sarwal; Shailesh Gavankar; Thomas Scallon; Ziad Gemayel; David Schoenfeld; Nicholas George; Utkarsh Sharma; Salvatore Giglio; Brian Shaw; Alfonso Gomez-Acebo Lopez; Bert Shen; Juan Gonzalez Paris; Amol Shukla; Casey Gough; D. Rajeev Sibal; Mary Walker Goza; Ariane Silva; Venkat Guduru; Silky Singh; Ben Hamdani; Bart Sitarz; Christopher O. Hathaway; Meredith Skowronski; David Herssein; Alex Smart; Tim Hisao; Brian C. Smith; Kyle Holder; Ian Stuart; Diane Hollinger; Kyle Sultzer; Carol Hu Lucero; Ning Sun; Amy R. Husseini; Steve Sun; Olivier Jacque; Greg Tarca; Saba Jafri; Shaan Tehal; Shubham Jain; Riccardo Tessari; Mariel Jenkins Taylor Phil Torrisi; Mark Jones; Brietta Tsang; Kenneth Judy; Brian Turkfeld; Stacey Juliano; Iris van Heerdt; Shamil Karia; Alexander van Holk; Amr Karim; Hector Vazquez; Sean Keresey; Krithika Venkat; Hilal Khan; Thiru Venkatachalam; Phillip P. Kim; Maya Venkatraman; Erin M. Korte; Liensa Vidra; Rishi Kripalani; Elrika Vlok; Marc Krupinski; Dessi Volpicelli; Ken Lahav; Minoo F. Wade; Kristine Larracas; Fenix Wang; Boris Lerner; Neil Ward; Yanny Leung; Sean M. Waters; Melissa Levine; Andrew Willersdorf; Richard R. Lindquist; Peter Wilson; Andrew Lipton; Austin Zeigler; Kristine T. Liwag; Shuai Zhang; Franco A. Lofaro; Eva L. Zhong; Hilda Loong; Mario A. Zillner; Andrew Lunney; Anna Zou.Buy Or Sell Opportunity • Jan 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to €160. The fair value is estimated to be €132, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.Buy Or Sell Opportunity • Nov 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to €146. The fair value is estimated to be €121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 5.4% per annum over the same time period.Buy Or Sell Opportunity • Nov 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to €143. The fair value is estimated to be €119, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 5.3% per annum over the same time period.Recent Insider Transactions • Nov 02CEO & Chairman of the Board recently sold €14m worth of stockOn the 31st of October, Edward Pick sold around 100k shares on-market at roughly €142 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Edward's only on-market trade for the last 12 months.공시 • Oct 16+ 1 more updateMorgan Stanley Declares Quarterly Dividend, Payable on November 14, 2025Morgan Stanley Board of Directors declared a $1.00 quarterly dividend per share payable on November 14, 2025 to common shareholders of record on October 31, 2025.Reported Earnings • Oct 15Second quarter 2025 earnings released: EPS: US$2.15 (vs US$1.85 in 2Q 2024)Second quarter 2025 results: EPS: US$2.15 (up from US$1.85 in 2Q 2024). Revenue: US$16.6b (up 11% from 2Q 2024). Net income: US$3.39b (up 15% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.3% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Oct 15Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €141. The fair value is estimated to be €115, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.공시 • Sep 12+ 3 more updatesMorgan Stanley to Report Q4, 2025 Results on Jan 15, 2026Morgan Stanley announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Jan 15, 2026Buy Or Sell Opportunity • Aug 12Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to €126. The fair value is estimated to be €104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.Declared Dividend • Jul 23Second quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 30th July 2025 Payment date: 15th August 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.6%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Jul 21E*Trade from Morgan Stanley Raises the Bar for Active Trader Experience with New Desktop Platform: Power E*Trade ProETRADE from Morgan Stanley announced the launch of Power ETRADE Pro. The new desktop platform is designed to meet the discerning needs of active traders, offering a high level of customization, along with sophisticated tools powered by an advanced modern architecture. Key features of Power E-TRADE Pro: Customization with Multi-Monitor Support: Traders can create up to six custom workspaces, each with up to 20 tools, allowing for a total of 120 charts across multiple monitors and a highly configurable trading setup. Sophisticated Trading Tools: Streamlined tools for complex equity, options and futures traders including customizable options chains, market screeners and scanners, and trading futures using multiple ladders. With deep market intelligence, traders get a robust view of market depth with Level II quotes on stocks, options, and ETFs. Advanced Charting and Technical Analysis: Arrange countless charts to easily compare data across multiple time frames, asset classes, and markets. 120+ technical studies and 30+ drawing tools are available, plus automatically identify and draw technical patterns. Link tool windows. With linking, traders can seamlessly display the same symbol across tools and views all with the click of a mouse. Power ETRADE Pro builds on ETRADE's legacy of capabilities and rounds out its active trader offerings with its #1 ranked web-trading platform--Power ETRADE--and best in class companion mobile app. The launch comes on the heels of pronounced retail investor engagement--Morgan Stanley reported a 26% year-over-year increase in self-directed daily average revenue trades as of June 30, 20252. ETRADE serves as one of three core client channels within Morgan Stanley Wealth Management, spanning Advisor-led, workplace, and retail investing and trading, enabling the business to serve clients across all segments and life stages.Recent Insider Transactions • Jul 20Co-President recently sold €5.3m worth of stockOn the 17th of July, Andrew Saperstein sold around 44k shares on-market at roughly €122 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andrew has been a net seller over the last 12 months, reducing personal holdings by €14m.공시 • Jul 18Morgan Stanley announces Quarterly dividend, payable on August 15, 2025Morgan Stanley announced Quarterly dividend of USD 1.0000 per share payable on August 15, 2025, ex-date on July 31, 2025 and record date on July 31, 2025.Reported Earnings • Jul 17Second quarter 2025 earnings released: EPS: US$2.15 (vs US$1.85 in 2Q 2024)Second quarter 2025 results: EPS: US$2.15 (up from US$1.85 in 2Q 2024). Revenue: US$16.6b (up 11% from 2Q 2024). Net income: US$3.39b (up 15% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.4% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jul 02+ 1 more updateMorgan Stanley (NYSE:MS) announces an Equity Buyback for $20,000 million worth of its shares.Morgan Stanley (NYSE:MS) announces a share repurchase program. Under the program, the company will repurchase up to $20,000 million worth of its shares. The program has no set expiration date.공시 • Jun 30+ 3 more updatesMorgan Stanley(NYSE:MS) dropped from Russell 3000E Growth IndexMorgan Stanley(NYSE:MS) dropped from Russell 3000E Growth Index공시 • Jun 18Morgan Stanley Elects Lynn Good to the Board of Directors and to Serve on Audit Committee, Effective July 18, 2025Morgan Stanley announced that Lynn Good has been elected to the Company’s Board of Directors, effective July 18, 2025. Ms. Good, 66, is the former Chair, CEO and President of Duke Energy. Her appointment will bring Morgan Stanley’s Board of Directors to 15 members. She will serve on the Board’s Audit Committee. As the former Chair and CEO of Duke Energy, she brings valuable strategic and management experience to the team. Lynn also has a thorough understanding of accounting and financial reporting matters. She will be a strong addition to the company's Board and the Firm will benefit enormously from her expertise and knowledge. Lynn Good served as Chair, CEO and President of Duke Energy Corporation (Duke Energy) from January 2016 to April 2025, and as Vice Chair, CEO and President of Duke Energy from July 2013 to December 2015. Prior to being appointed CEO, she served in a variety of other executive positions at Duke Energy, including as Executive Vice President and CFO from July 2009 to June 2013. Prior to Cinergy Corporation’s (Cinergy) merger with Duke Energy, Ms. Good served as Executive Vice President and CFO of Cinergy in 2006 and as Vice President, Controller and Chief Compliance Officer from 2003 to 2005. Ms. Good also has extensive accounting and auditing experience, having served as Audit Partner at Deloitte & Touche LLP from 2002 to 2003 and as Audit Partner at Arthur Andersen LLP (Arthur Andersen) from 1992 to 2002. She joined Arthur Andersen in 1981 and held positions in the audit and risk consulting practice before becoming an Audit Partner. Ms. Good has been a member of the board of directors of The Boeing Company (Boeing) since 2015, including serving as Chair of Boeing’s Compensation Committee and a member of Boeing’s Audit Committee. She also serves on the Feigen Advisors LLC Advisory Board. Ms. Good holds bachelor’s degrees from Miami University.Recent Insider Transactions • May 13Co-President recently sold €3.3m worth of stockOn the 12th of May, Daniel Simkowitz sold around 29k shares on-market at roughly €115 per share. This transaction amounted to 6.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.2m. Daniel has been a net seller over the last 12 months, reducing personal holdings by €12m.Recent Insider Transactions • May 05Co-President recently sold €4.2m worth of stockOn the 2nd of May, Andrew Saperstein sold around 40k shares on-market at roughly €106 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andrew has been a net seller over the last 12 months, reducing personal holdings by €8.3m.공시 • Apr 25Morgan Stanley Reportedly to Sell Final $1.23 Billion of X Buyout DebtMorgan Stanley (NYSE:MS) launched a pivotal sale of the last bit of debt tied to Elon Musk’s buyout of social-media platform X Holdings Corp. on April 24, 2025, according to a person familiar with the matter, taking advantage of a brief reprieve from tariff-related volatility. The bank is offering $1.23 billion of X debt in the form of a fixed-rate loan that carries an interest rate of 9.5% at a discounted price of 97.5 to 98 cents on the dollar, according to the person, who asked not to be identified discussing a private transaction. Commitments are due April 28. The loan launch comes after a volatile time in markets related to sweeping tariffs that the Trump administration first unveiled on April 2. The plan initially shut down new offerings in leveraged finance, but as global trade policies - and the expected economic impacts - have shifted, banks and borrowers have begun seizing on better conditions over the past week or so to distribute debt. For instance, on April 23, 2025, banks upsized a junk-debt deal supporting QXO Inc.’s acquisition of Beacon Roofing Supply Inc. after exuberant investor demand. The sale also marks the final step of a years-long process to sell X debt to investors, after banks led by Morgan Stanley got stuck holding roughly $13 billion in financing from Musk’s 2022 purchase of what was then called Twitter Inc. Though the lenders had planned to sell it immediately after the deal closed, investors balked due to the hefty price tag and concerns that Musk’s changes to the platform’s content-moderation policies would drive away advertisers. Sentiment changed this year, due in large part to Musk’s relationship with President Donald Trump. The deal Morgan Stanley launched on April 24, 2025 will increase the size of an existing loan that the banks sold in February. That loan is trading close to par, according to Bloomberg-compiled data, holding up relatively well throughout the recent market volatility.Declared Dividend • Apr 16First quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 29th April 2025 Payment date: 15th May 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.6%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Apr 13Morgan Stanley Reports Net Charge Offs for the First Quarter Ended March 31, 2025Morgan Stanley reported Net Charge Offs for the first quarter ended March 31, 2025. The company's net charge offs were $23 million.Reported Earnings • Apr 13First quarter 2025 earnings released: EPS: US$2.62 (vs US$2.04 in 1Q 2024)First quarter 2025 results: EPS: US$2.62 (up from US$2.04 in 1Q 2024). Revenue: US$17.6b (up 16% from 1Q 2024). Net income: US$4.16b (up 27% from 1Q 2024). Profit margin: 24% (up from 22% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.공시 • Apr 11Morgan Stanley Declares Quarterly Dividend, Payable on May 15, 2025Morgan Stanley declared a $0.925 quarterly dividend per share, payable on May 15, 2025 to common shareholders of record on April 30, 2025.공시 • Apr 07Morgan Stanley, Annual General Meeting, May 15, 2025Morgan Stanley, Annual General Meeting, May 15, 2025.이익 및 매출 성장 예측BIT:1MS - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202883,85120,266N/AN/A812/31/202781,14119,338N/AN/A1412/31/202677,39118,550N/AN/A143/31/202673,17417,503-3,950-1,011N/A12/31/202570,29616,249-20,787-17,889N/A9/30/202568,53215,563-6,747-3,679N/A6/30/202565,61214,141-20,941-17,670N/A3/31/202563,95913,691-30,333-26,974N/A12/31/202461,49712,800-2,1001,362N/A9/30/202458,28210,619-31,702-28,190N/A6/30/202456,1179,853-10,629-7,120N/A3/31/202454,4708,960-22,820-19,311N/A12/31/202353,6118,530-36,948-33,536N/A9/30/202353,3809,260-33,033-29,780N/A6/30/202353,1929,492-44,277-41,080N/A3/31/202352,9279,834-19,646-16,501N/A12/31/202253,38810,540-9,475-6,397N/A9/30/202255,24512,0194,9907,948N/A6/30/202257,02313,10914,90917,629N/A3/31/202258,67814,1264,8967,331N/A12/31/202159,75114,56631,66333,971N/A9/30/202158,82514,2406,0358,232N/A6/30/202155,70613,253-2,464-763N/A3/31/202154,44112,892-23,803-22,188N/A12/31/202047,99610,500-26,675-25,231N/A9/30/202045,2609,319-1,24823N/A6/30/202043,6828,78218,62720,227N/A3/31/202040,5057,76645,91747,568N/A12/31/201941,3778,512N/A40,773N/A9/30/201939,1107,787N/A33,730N/A6/30/201938,9507,747N/A34,958N/A3/31/201939,3167,985N/A11,698N/A12/31/201840,1078,226N/A7,305N/A9/30/201841,0597,337N/A18,528N/A6/30/201840,3846,999N/A9,573N/A3/31/201839,2776,322N/A8,053N/A12/31/201737,9455,607N/A-4,505N/A9/30/201737,4666,645N/A-11,031N/A6/30/201737,1786,473N/A-25,084N/A3/31/201736,5846,311N/A1,296N/A12/31/201634,6315,507N/A5,383N/A9/30/201633,3504,758N/A19,502N/A6/30/201632,2184,189N/A28,435N/A3/31/201633,1114,426N/A20,906N/A12/31/201535,2265,687N/A-4,463N/A9/30/201535,0933,189N/A-14,568N/A6/30/201536,0803,882N/A-13,194N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 1MS 의 연간 예상 수익 증가율(3.9%)이 saving rate(3.3%)보다 높습니다.수익 vs 시장: 1MS 의 연간 수익(3.9%)이 Italian 시장(11.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 1MS 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 1MS 의 수익(연간 4.4%)이 Italian 시장(연간 5.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 1MS 의 수익(연간 4.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 1MS의 자본 수익률은 3년 후 17.2%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YDiversified-financials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 20:23종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Morgan Stanley는 41명의 분석가가 다루고 있습니다. 이 중 17명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Stephen BiggarArgus Research CompanyJason GoldbergBarclaysJason GoldbergBarclays38명의 분석가 더 보기
Recent Insider Transactions • Apr 20Co-President recently sold €8.3m worth of stockOn the 16th of April, Andrew Saperstein sold around 52k shares on-market at roughly €160 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andrew has been a net seller over the last 12 months, reducing personal holdings by €23m.
공시 • Apr 17Morgan Stanley announces Quarterly dividend, payable on May 15, 2026Morgan Stanley announced Quarterly dividend of USD 1.0000 per share payable on May 15, 2026, ex-date on April 30, 2026 and record date on April 30, 2026.
Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: US$3.47 (vs US$2.62 in 1Q 2025)First quarter 2026 results: EPS: US$3.47 (up from US$2.62 in 1Q 2025). Revenue: US$20.5b (up 16% from 1Q 2025). Net income: US$5.41b (up 30% from 1Q 2025). Profit margin: 26% (up from 24% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.0% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 24% per year.
공시 • Apr 04Morgan Stanley, Annual General Meeting, May 14, 2026Morgan Stanley, Annual General Meeting, May 14, 2026.
Reported Earnings • Feb 22Full year 2025 earnings released: EPS: US$10.32 (vs US$8.05 in FY 2024)Full year 2025 results: EPS: US$10.32 (up from US$8.05 in FY 2024). Revenue: US$70.3b (up 14% from FY 2024). Net income: US$16.2b (up 27% from FY 2024). Profit margin: 23% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.
공시 • Feb 20Morgan Stanley to Report Q4, 2026 Results on Jan 14, 2027Morgan Stanley announced that they will report Q4, 2026 results at 7:30 AM, US Eastern Standard Time on Jan 14, 2027
New Risk • Feb 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Italian stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.1% average weekly change). Significant insider selling over the past 3 months (€21m sold).
Recent Insider Transactions • Feb 01Co-President recently sold €5.1m worth of stockOn the 30th of January, Daniel Simkowitz sold around 33k shares on-market at roughly €154 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Daniel has been a net seller over the last 12 months, reducing personal holdings by €12m.
Recent Insider Transactions • Jan 23Co-President recently sold €4.7m worth of stockOn the 20th of January, Andrew Saperstein sold around 30k shares on-market at roughly €156 per share. This transaction amounted to 9.8% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €14m. Andrew has been a net seller over the last 12 months, reducing personal holdings by €14m.
Declared Dividend • Jan 18Fourth quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 29th January 2026 Payment date: 13th February 2026 Dividend yield will be 2.1%, which is lower than the industry average of 4.6%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jan 16Full year 2025 earnings released: EPS: US$10.32 (vs US$8.05 in FY 2024)Full year 2025 results: EPS: US$10.32 (up from US$8.05 in FY 2024). Revenue: US$70.3b (up 14% from FY 2024). Net income: US$16.2b (up 27% from FY 2024). Profit margin: 23% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.3% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 24% per year.
공시 • Jan 15+ 1 more updateMorgan Stanley Declares Quarterly Dividend, Payable on February 13, 2026Morgan Stanley Board of Directors declared a $1.00 quarterly dividend per share payable on February 13, 2026 to common shareholders of record on January 30, 2026.
공시 • Jan 09Morgan Stanley Announces Managing Directors AppointmentsMorgan Stanley has announced the appointment of 184 Managing Directors. The new Managing Directors are: Sahil Aggarwal; Jason B. Lynch; Meg Angeles-Dayrit; Jon Mace; Lauren Ares; Paul Madenjian; Sara Banelli; Dave Magoloff; Arjun Bathla; Anthony Maiorano; Michael Beilstein; Steven Markarian; Aditya Bhatla; Paolo Mattiello; Carolee Boles; Lyndal May; Gilbert Borrmann; Kelly McCarthy; William Boyle; Cameron McCarthy; Eric Bradbury; Eric McConnell; Lucy Callaghan; Michael McGillen; Gerard Campbell; James McNichol; Alessandro Caruso; Carien Meintjes; Todd Castagno; Yosuke Morikawa; Nicole Castellano; James Morphis; Sidharth Chaturvedi; Roly Morris; Eric Cheung; Daniel Murphy; Elitza Christoff; Rob Murray III; Elizabeth Cioffi; Neelesh Nath; Dan Codreanu; Anuradha Nath; Madhu Coimbatore; Nick Nocito; Tristan Collier; Michael O’Byrne; Tom Cresswell; Tim O’Connor; Meredith Curley Shaw; Takamasa Ochi; Nicole De Bello; Jeannie Oen; Patrick Deane; Johan Olofsson; Paolo Della Rovere; Hilary Ann O'Neill; Tara Denley; Jim Paolillo; Ronke Desalu-Dottin; Vishwas Patkar; Dominick DiMeo; Ricardo Penades Ruiz; Tommaso Dondi; Seth A. Perlman; Michael Dong; Andre Hassin Pinto; Etim E. Edim; Ethan Plater; Dana Erdfarb; David Pringle; Omer Erkovan; Monica Qin; Michael Escott; Jami Badr Quraishi; Joseph Esposito; Akhilesh Raina; Diogo Fagliari; Joshua Reichert; Andrew Farmer; Ricardo Rivera Saad; Simon Ferguson; Anthony Rizzi; Ted Finan; Jennifer Robertson; Kevin M. Fitzpatrick; Joanna Rogowska; Takayuki Furukawa; Nick Romero; Alain Gabriel; Rich Rooney; Catherine Gagnon; Eric Rosenblum; Pilar Garicano; Tanmay Sachan; Adam Gaspar; Kathleen Salvaty; Nishant Gaurav; Akshat Sarwal; Shailesh Gavankar; Thomas Scallon; Ziad Gemayel; David Schoenfeld; Nicholas George; Utkarsh Sharma; Salvatore Giglio; Brian Shaw; Alfonso Gomez-Acebo Lopez; Bert Shen; Juan Gonzalez Paris; Amol Shukla; Casey Gough; D. Rajeev Sibal; Mary Walker Goza; Ariane Silva; Venkat Guduru; Silky Singh; Ben Hamdani; Bart Sitarz; Christopher O. Hathaway; Meredith Skowronski; David Herssein; Alex Smart; Tim Hisao; Brian C. Smith; Kyle Holder; Ian Stuart; Diane Hollinger; Kyle Sultzer; Carol Hu Lucero; Ning Sun; Amy R. Husseini; Steve Sun; Olivier Jacque; Greg Tarca; Saba Jafri; Shaan Tehal; Shubham Jain; Riccardo Tessari; Mariel Jenkins Taylor Phil Torrisi; Mark Jones; Brietta Tsang; Kenneth Judy; Brian Turkfeld; Stacey Juliano; Iris van Heerdt; Shamil Karia; Alexander van Holk; Amr Karim; Hector Vazquez; Sean Keresey; Krithika Venkat; Hilal Khan; Thiru Venkatachalam; Phillip P. Kim; Maya Venkatraman; Erin M. Korte; Liensa Vidra; Rishi Kripalani; Elrika Vlok; Marc Krupinski; Dessi Volpicelli; Ken Lahav; Minoo F. Wade; Kristine Larracas; Fenix Wang; Boris Lerner; Neil Ward; Yanny Leung; Sean M. Waters; Melissa Levine; Andrew Willersdorf; Richard R. Lindquist; Peter Wilson; Andrew Lipton; Austin Zeigler; Kristine T. Liwag; Shuai Zhang; Franco A. Lofaro; Eva L. Zhong; Hilda Loong; Mario A. Zillner; Andrew Lunney; Anna Zou.
Buy Or Sell Opportunity • Jan 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 20% to €160. The fair value is estimated to be €132, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings are also forecast to grow by 5.5% per annum over the same time period.
Buy Or Sell Opportunity • Nov 27Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to €146. The fair value is estimated to be €121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 5.2% per annum. Earnings are also forecast to grow by 5.4% per annum over the same time period.
Buy Or Sell Opportunity • Nov 11Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to €143. The fair value is estimated to be €119, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 16%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 5.3% per annum over the same time period.
Recent Insider Transactions • Nov 02CEO & Chairman of the Board recently sold €14m worth of stockOn the 31st of October, Edward Pick sold around 100k shares on-market at roughly €142 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Edward's only on-market trade for the last 12 months.
공시 • Oct 16+ 1 more updateMorgan Stanley Declares Quarterly Dividend, Payable on November 14, 2025Morgan Stanley Board of Directors declared a $1.00 quarterly dividend per share payable on November 14, 2025 to common shareholders of record on October 31, 2025.
Reported Earnings • Oct 15Second quarter 2025 earnings released: EPS: US$2.15 (vs US$1.85 in 2Q 2024)Second quarter 2025 results: EPS: US$2.15 (up from US$1.85 in 2Q 2024). Revenue: US$16.6b (up 11% from 2Q 2024). Net income: US$3.39b (up 15% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 2.3% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Oct 15Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to €141. The fair value is estimated to be €115, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 6.6% per annum over the same time period.
공시 • Sep 12+ 3 more updatesMorgan Stanley to Report Q4, 2025 Results on Jan 15, 2026Morgan Stanley announced that they will report Q4, 2025 results at 7:30 AM, US Eastern Standard Time on Jan 15, 2026
Buy Or Sell Opportunity • Aug 12Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to €126. The fair value is estimated to be €104, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 8.8%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 5.8% per annum over the same time period.
Declared Dividend • Jul 23Second quarter dividend of US$1.00 announcedShareholders will receive a dividend of US$1.00. Ex-date: 30th July 2025 Payment date: 15th August 2025 Dividend yield will be 3.0%, which is lower than the industry average of 4.6%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 26% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Jul 21E*Trade from Morgan Stanley Raises the Bar for Active Trader Experience with New Desktop Platform: Power E*Trade ProETRADE from Morgan Stanley announced the launch of Power ETRADE Pro. The new desktop platform is designed to meet the discerning needs of active traders, offering a high level of customization, along with sophisticated tools powered by an advanced modern architecture. Key features of Power E-TRADE Pro: Customization with Multi-Monitor Support: Traders can create up to six custom workspaces, each with up to 20 tools, allowing for a total of 120 charts across multiple monitors and a highly configurable trading setup. Sophisticated Trading Tools: Streamlined tools for complex equity, options and futures traders including customizable options chains, market screeners and scanners, and trading futures using multiple ladders. With deep market intelligence, traders get a robust view of market depth with Level II quotes on stocks, options, and ETFs. Advanced Charting and Technical Analysis: Arrange countless charts to easily compare data across multiple time frames, asset classes, and markets. 120+ technical studies and 30+ drawing tools are available, plus automatically identify and draw technical patterns. Link tool windows. With linking, traders can seamlessly display the same symbol across tools and views all with the click of a mouse. Power ETRADE Pro builds on ETRADE's legacy of capabilities and rounds out its active trader offerings with its #1 ranked web-trading platform--Power ETRADE--and best in class companion mobile app. The launch comes on the heels of pronounced retail investor engagement--Morgan Stanley reported a 26% year-over-year increase in self-directed daily average revenue trades as of June 30, 20252. ETRADE serves as one of three core client channels within Morgan Stanley Wealth Management, spanning Advisor-led, workplace, and retail investing and trading, enabling the business to serve clients across all segments and life stages.
Recent Insider Transactions • Jul 20Co-President recently sold €5.3m worth of stockOn the 17th of July, Andrew Saperstein sold around 44k shares on-market at roughly €122 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andrew has been a net seller over the last 12 months, reducing personal holdings by €14m.
공시 • Jul 18Morgan Stanley announces Quarterly dividend, payable on August 15, 2025Morgan Stanley announced Quarterly dividend of USD 1.0000 per share payable on August 15, 2025, ex-date on July 31, 2025 and record date on July 31, 2025.
Reported Earnings • Jul 17Second quarter 2025 earnings released: EPS: US$2.15 (vs US$1.85 in 2Q 2024)Second quarter 2025 results: EPS: US$2.15 (up from US$1.85 in 2Q 2024). Revenue: US$16.6b (up 11% from 2Q 2024). Net income: US$3.39b (up 15% from 2Q 2024). Profit margin: 20% (in line with 2Q 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.4% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jul 02+ 1 more updateMorgan Stanley (NYSE:MS) announces an Equity Buyback for $20,000 million worth of its shares.Morgan Stanley (NYSE:MS) announces a share repurchase program. Under the program, the company will repurchase up to $20,000 million worth of its shares. The program has no set expiration date.
공시 • Jun 30+ 3 more updatesMorgan Stanley(NYSE:MS) dropped from Russell 3000E Growth IndexMorgan Stanley(NYSE:MS) dropped from Russell 3000E Growth Index
공시 • Jun 18Morgan Stanley Elects Lynn Good to the Board of Directors and to Serve on Audit Committee, Effective July 18, 2025Morgan Stanley announced that Lynn Good has been elected to the Company’s Board of Directors, effective July 18, 2025. Ms. Good, 66, is the former Chair, CEO and President of Duke Energy. Her appointment will bring Morgan Stanley’s Board of Directors to 15 members. She will serve on the Board’s Audit Committee. As the former Chair and CEO of Duke Energy, she brings valuable strategic and management experience to the team. Lynn also has a thorough understanding of accounting and financial reporting matters. She will be a strong addition to the company's Board and the Firm will benefit enormously from her expertise and knowledge. Lynn Good served as Chair, CEO and President of Duke Energy Corporation (Duke Energy) from January 2016 to April 2025, and as Vice Chair, CEO and President of Duke Energy from July 2013 to December 2015. Prior to being appointed CEO, she served in a variety of other executive positions at Duke Energy, including as Executive Vice President and CFO from July 2009 to June 2013. Prior to Cinergy Corporation’s (Cinergy) merger with Duke Energy, Ms. Good served as Executive Vice President and CFO of Cinergy in 2006 and as Vice President, Controller and Chief Compliance Officer from 2003 to 2005. Ms. Good also has extensive accounting and auditing experience, having served as Audit Partner at Deloitte & Touche LLP from 2002 to 2003 and as Audit Partner at Arthur Andersen LLP (Arthur Andersen) from 1992 to 2002. She joined Arthur Andersen in 1981 and held positions in the audit and risk consulting practice before becoming an Audit Partner. Ms. Good has been a member of the board of directors of The Boeing Company (Boeing) since 2015, including serving as Chair of Boeing’s Compensation Committee and a member of Boeing’s Audit Committee. She also serves on the Feigen Advisors LLC Advisory Board. Ms. Good holds bachelor’s degrees from Miami University.
Recent Insider Transactions • May 13Co-President recently sold €3.3m worth of stockOn the 12th of May, Daniel Simkowitz sold around 29k shares on-market at roughly €115 per share. This transaction amounted to 6.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.2m. Daniel has been a net seller over the last 12 months, reducing personal holdings by €12m.
Recent Insider Transactions • May 05Co-President recently sold €4.2m worth of stockOn the 2nd of May, Andrew Saperstein sold around 40k shares on-market at roughly €106 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Andrew has been a net seller over the last 12 months, reducing personal holdings by €8.3m.
공시 • Apr 25Morgan Stanley Reportedly to Sell Final $1.23 Billion of X Buyout DebtMorgan Stanley (NYSE:MS) launched a pivotal sale of the last bit of debt tied to Elon Musk’s buyout of social-media platform X Holdings Corp. on April 24, 2025, according to a person familiar with the matter, taking advantage of a brief reprieve from tariff-related volatility. The bank is offering $1.23 billion of X debt in the form of a fixed-rate loan that carries an interest rate of 9.5% at a discounted price of 97.5 to 98 cents on the dollar, according to the person, who asked not to be identified discussing a private transaction. Commitments are due April 28. The loan launch comes after a volatile time in markets related to sweeping tariffs that the Trump administration first unveiled on April 2. The plan initially shut down new offerings in leveraged finance, but as global trade policies - and the expected economic impacts - have shifted, banks and borrowers have begun seizing on better conditions over the past week or so to distribute debt. For instance, on April 23, 2025, banks upsized a junk-debt deal supporting QXO Inc.’s acquisition of Beacon Roofing Supply Inc. after exuberant investor demand. The sale also marks the final step of a years-long process to sell X debt to investors, after banks led by Morgan Stanley got stuck holding roughly $13 billion in financing from Musk’s 2022 purchase of what was then called Twitter Inc. Though the lenders had planned to sell it immediately after the deal closed, investors balked due to the hefty price tag and concerns that Musk’s changes to the platform’s content-moderation policies would drive away advertisers. Sentiment changed this year, due in large part to Musk’s relationship with President Donald Trump. The deal Morgan Stanley launched on April 24, 2025 will increase the size of an existing loan that the banks sold in February. That loan is trading close to par, according to Bloomberg-compiled data, holding up relatively well throughout the recent market volatility.
Declared Dividend • Apr 16First quarter dividend of US$0.93 announcedShareholders will receive a dividend of US$0.93. Ex-date: 29th April 2025 Payment date: 15th May 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.6%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 25% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Apr 13Morgan Stanley Reports Net Charge Offs for the First Quarter Ended March 31, 2025Morgan Stanley reported Net Charge Offs for the first quarter ended March 31, 2025. The company's net charge offs were $23 million.
Reported Earnings • Apr 13First quarter 2025 earnings released: EPS: US$2.62 (vs US$2.04 in 1Q 2024)First quarter 2025 results: EPS: US$2.62 (up from US$2.04 in 1Q 2024). Revenue: US$17.6b (up 16% from 1Q 2024). Net income: US$4.16b (up 27% from 1Q 2024). Profit margin: 24% (up from 22% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.9% decline forecast for the Capital Markets industry in Italy. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.
공시 • Apr 11Morgan Stanley Declares Quarterly Dividend, Payable on May 15, 2025Morgan Stanley declared a $0.925 quarterly dividend per share, payable on May 15, 2025 to common shareholders of record on April 30, 2025.
공시 • Apr 07Morgan Stanley, Annual General Meeting, May 15, 2025Morgan Stanley, Annual General Meeting, May 15, 2025.