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.
Morgan Stanley Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$105.10|
|52 Week High||US$46.42|
|52 Week Low||US$105.81|
|1 Month Change||-0.33%|
|3 Month Change||15.95%|
|1 Year Change||117.24%|
|3 Year Change||125.39%|
|5 Year Change||228.95%|
|Change since IPO||1,256.13%|
Recent News & Updates
Should You Be Adding Morgan Stanley (NYSE:MS) To Your Watchlist Today?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Morgan Stanley: Stock Price Nearing Target Price
Since our previous analysis on Morgan Stanley, the stock has risen by 40% YTD on rising growth expectations from market tailwinds of robust capital market activity. We examined its growth outlook beyond 2021 to analyze the sustainability of its growth outlook in terms of its main business segments of asset management and investment banking. We expect the asset management business to continue faring well as its AUMs have swelled to $1.5 tln from the deal with Eaton Vance. However, trading revenue growth is already moderating and is expected to continue as volatility normalizes with the CBOEVIX index falling by 30%.
Morgan Stanley (NYSE:MS) Is Increasing Its Dividend To US$0.70
Morgan Stanley ( NYSE:MS ) has announced that it will be increasing its dividend on the 13th of August to US$0.70. This...
|MS||US Capital Markets||US Market|
Return vs Industry: MS exceeded the US Capital Markets industry which returned 63.3% over the past year.
Return vs Market: MS exceeded the US Market which returned 32.8% over the past year.
Stable Share Price: MS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MS's weekly volatility (3%) has been stable over the past year.
About the Company
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. The company 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, restructurings, real estate, and project finance.
Morgan Stanley Fundamentals Summary
|MS fundamental statistics|
Is MS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MS income statement (TTM)|
|Cost of Revenue||US$5.99b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 14, 2021
|Earnings per share (EPS)||7.26|
|Net Profit Margin||23.99%|
How did MS perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is Morgan Stanley undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MS ($105.1) is trading below our estimate of fair value ($115.16)
Significantly Below Fair Value: MS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MS is good value based on its PE Ratio (14.5x) compared to the US Capital Markets industry average (15.5x).
PE vs Market: MS is good value based on its PE Ratio (14.5x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: MS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MS is good value based on its PB Ratio (1.9x) compared to the US Capital Markets industry average (61.3x).
How is Morgan Stanley forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MS's earnings are forecast to decline over the next 3 years (-1.3% per year).
Earnings vs Market: MS's earnings are forecast to decline over the next 3 years (-1.3% per year).
High Growth Earnings: MS's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MS's revenue (0.8% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: MS's revenue (0.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MS's Return on Equity is forecast to be low in 3 years time (12.9%).
How has Morgan Stanley performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MS has high quality earnings.
Growing Profit Margin: MS's current net profit margins (24%) are higher than last year (19.8%).
Past Earnings Growth Analysis
Earnings Trend: MS's earnings have grown by 17.6% per year over the past 5 years.
Accelerating Growth: MS's earnings growth over the past year (50.9%) exceeds its 5-year average (17.6% per year).
Earnings vs Industry: MS earnings growth over the past year (50.9%) underperformed the Capital Markets industry 78.6%.
Return on Equity
High ROE: MS's Return on Equity (12.8%) is considered low.
How is Morgan Stanley's financial position?
Financial Position Analysis
Short Term Liabilities: MS's short term assets ($937.2B) exceed its short term liabilities ($499.1B).
Long Term Liabilities: MS's short term assets ($937.2B) exceed its long term liabilities ($554.5B).
Debt to Equity History and Analysis
Debt Level: MS's debt to equity ratio (315%) is considered high.
Reducing Debt: MS's debt to equity ratio has reduced from 356.3% to 315% over the past 5 years.
Debt Coverage: MS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MS's interest payments on its debt are well covered by EBIT.
What is Morgan Stanley current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MS's dividend (2.66%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: MS's dividend (2.66%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: MS's dividends per share have been stable in the past 10 years.
Growing Dividend: MS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.9%), MS's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MS's dividends in 3 years are forecast to be well covered by earnings (39% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
James Gorman (63 yo)
Mr. James Patrick Gorman serves as the Chairman of the Board and Chief Executive Officer of Morgan Stanley Domestic Holdings, Inc. He has been Chief Executive Officer and Director of Morgan Stanley since J...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD29.56M) is above average for companies of similar size in the US market ($USD11.29M).
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
Experienced Management: MS's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: MS's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 15.7%.
Morgan Stanley's employee growth, exchange listings and data sources
- Name: Morgan Stanley
- Ticker: MS
- Exchange: NYSE
- Founded: 1924
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$191.761b
- Shares outstanding: 1.82b
- Website: https://www.morganstanley.com
Number of Employees
- Morgan Stanley
- 1585 Broadway
- New York
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 22:58|
|End of Day Share Price||2021/09/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.