Morgan Stanley
Market Cap
US$136.1b
Last Updated
2021/01/18 23:12 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record established dividend payer.
Similar Companies
Share Price & News
How has Morgan Stanley's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MS's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-1.1%
MS
-0.7%
US Capital Markets
-0.4%
US Market
1 Year Return
30.8%
MS
15.7%
US Capital Markets
19.5%
US Market
Return vs Industry: MS exceeded the US Capital Markets industry which returned 15.7% over the past year.
Return vs Market: MS exceeded the US Market which returned 19.6% over the past year.
Shareholder returns
| MS | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | -0.7% | -0.4% |
| 30 Day | 17.2% | 7.3% | 2.3% |
| 90 Day | 46.2% | 21.0% | 12.7% |
| 1 Year | 34.8%30.8% | 18.6%15.7% | 22.3%19.5% |
| 3 Year | 42.1%31.2% | 30.2%20.2% | 44.4%34.8% |
| 5 Year | 240.8%201.2% | 152.5%120.9% | 128.7%103.3% |
Long-Term Price Volatility Vs. Market
How volatile is Morgan Stanley's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
With EPS Growth And More, Morgan Stanley (NYSE:MS) Is Interesting3 weeks ago | Simply Wall St
Did You Participate In Any Of Morgan Stanley's (NYSE:MS) Fantastic 132% Return ?1 month ago | Simply Wall St
How Much Is Morgan Stanley's (NYSE:MS) CEO Getting Paid?Valuation
Is Morgan Stanley undervalued compared to its fair value and its price relative to the market?
12.53x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MS ($75.24) is trading above our estimate of fair value ($74.63)
Significantly Below Fair Value: MS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MS is good value based on its PE Ratio (12.5x) compared to the US Capital Markets industry average (27.1x).
PE vs Market: MS is good value based on its PE Ratio (12.5x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: MS is poor value based on its PEG Ratio (6.4x)
Price to Book Ratio
PB vs Industry: MS is good value based on its PB Ratio (1.5x) compared to the US Capital Markets industry average (5x).
Next Steps
Future Growth
How is Morgan Stanley forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MS's forecast earnings growth (2% per year) is below the savings rate (2%).
Earnings vs Market: MS's earnings (2% per year) are forecast to grow slower than the US market (21.5% per year).
High Growth Earnings: MS's earnings are forecast to grow, but not significantly.
Revenue vs Market: MS's revenue (2.2% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: MS's revenue (2.2% 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 (11.2%).
Next Steps
Past Performance
How has Morgan Stanley performed over the past 5 years?
14.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MS has high quality earnings.
Growing Profit Margin: MS's current net profit margins (20.5%) are higher than last year (19.9%).
Past Earnings Growth Analysis
Earnings Trend: MS's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: MS's earnings growth over the past year (19.6%) exceeds its 5-year average (14.9% per year).
Earnings vs Industry: MS earnings growth over the past year (19.6%) exceeded the Capital Markets industry 4.9%.
Return on Equity
High ROE: MS's Return on Equity (11.2%) is considered low.
Next Steps
Financial Health
How is Morgan Stanley's financial position?
Financial Position Analysis
Short Term Liabilities: MS's short term assets ($796.6B) exceed its short term liabilities ($407.2B).
Long Term Liabilities: MS's short term assets ($796.6B) exceed its long term liabilities ($458.9B).
Debt to Equity History and Analysis
Debt Level: MS's debt to equity ratio (332.9%) is considered high.
Reducing Debt: MS's debt to equity ratio has reduced from 375.2% to 332.9% over the past 5 years.
Debt Coverage: MS's debt is not well covered by operating cash flow (0.01%).
Interest Coverage: Insufficient data to determine if MS's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Morgan Stanley current dividend yield, its reliability and sustainability?
1.86%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MS's dividend (1.86%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: MS's dividend (1.86%) is low compared to the top 25% of dividend payers in the US market (3.85%).
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 (23.3%), 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 (25.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
James Gorman (62 yo)
11yrs
Tenure
US$31,642,395
Compensation
Mr. James Patrick Gorman serves as the Chairman of the Board and Chief Executive Officer of Morgan Stanley Domestic Holdings, Inc. He became CEO of Morgan Stanley in January 2010 and the Chairman in Januar...
CEO Compensation Analysis
Compensation vs Market: James's total compensation ($USD31.64M) is above average for companies of similar size in the US market ($USD10.56M).
Compensation vs Earnings: James's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11yrs | US$31.64m | 0.066% $ 90.0m | |
| CFO, Head of Corporate Strategy & Executive VP | 5.67yrs | US$13.30m | 0.0062% $ 8.4m | |
| Head of Technology | 1.75yrs | US$9.72m | 0.011% $ 15.5m | |
| Chief Legal Officer & Executive VP | 10.33yrs | US$10.94m | 0.014% $ 18.9m | |
| Head of Investment Management | 5.25yrs | US$14.46m | 0.0074% $ 10.0m | |
| President | no data | no data | no data | |
| Chief U.S. Equity Strategist & Chief Investment Officer | no data | no data | no data | |
| Chief Accounting Officer | 0.67yr | no data | 0.0030% $ 4.1m | |
| MD and Head of Wealth Strategies Group & Advanced Planning Centers | no data | no data | no data | |
| Managing Director | no data | no data | no data | |
| Head Prime Brokerage Technology | no data | no data | no data | |
| Managing Director | no data | no data | no data |
5.5yrs
Average Tenure
52yo
Average Age
Experienced Management: MS's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11yrs | US$31.64m | 0.066% $ 90.0m | |
| Chairman & CEO - Morgan Stanley Private Bank | 1.67yrs | no data | no data | |
| Chairman and CEO of Morgan Stanley Middle East and North Africa | no data | no data | no data | |
| Independent Lead Director | 3.33yrs | US$410.00k | 0.0049% $ 6.6m | |
| Independent Director | 14.75yrs | US$355.00k | 0.0020% $ 2.7m | |
| Independent Director | 7.42yrs | US$370.00k | 0.0031% $ 4.3m | |
| Independent Director | 4.25yrs | US$360.00k | 0.0015% $ 2.1m | |
| Independent Director | 5.67yrs | US$385.00k | no data | |
| Non-Management Director | 5.17yrs | no data | no data | |
| Independent Director | 6.17yrs | US$370.00k | 0.0025% $ 3.4m | |
| Independent Director | 8.5yrs | US$385.00k | 0.0043% $ 5.8m | |
| Director | 0.25yr | no data | 0.00017% $ 231.4k |
5.7yrs
Average Tenure
64.5yo
Average Age
Experienced Board: MS's board of directors are considered experienced (5.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MS insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.8%.
Top Shareholders
Company Information
Morgan Stanley's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Morgan Stanley
- Ticker: MS
- Exchange: NYSE
- Founded: 1924
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$136.124b
- Shares outstanding: 1.81b
- Website: https://www.morganstanley.com
Number of Employees
Location
- Morgan Stanley
- 1585 Broadway
- New York
- New York
- 10036
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MS | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Jan 1992 |
| MS * | BMV (Bolsa Mexicana de Valores) | Yes | Common Shares | MX | MXN | Jan 1992 |
| DWD | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 1992 |
| DWD | XTRA (XETRA Trading Platform) | Yes | Common Shares | DE | EUR | Jan 1992 |
| MS | SNSE (Santiago Stock Exchange) | Yes | Common Shares | CL | USD | Jan 1992 |
| MS | SWX (SIX Swiss Exchange) | Yes | Common Shares | CH | CHF | Jan 1992 |
| MST-U | ETLX (Eurotlx) | Yes | Common Shares | IT | EUR | Jan 1992 |
| 0QYU | LSE (London Stock Exchange) | Yes | Common Shares | GB | USD | Jan 1992 |
| MWD | WBAG (Wiener Boerse AG) | Yes | Common Shares | AT | EUR | Jan 1992 |
| MS | BVL (Bolsa de Valores de Lima) | Yes | Common Shares | PE | USD | Jan 1992 |
| MS.PRA | NYSE (New York Stock Exchange) | PFD A 1/1000 | US | USD | Jun 2006 | |
| MSZZ | OTCPK (Pink Sheets LLC) | BUY WRITE SECS | US | USD | Jun 2007 | |
| MSDY | OTCUS (Other "Grey Market" OTC) | PFD DYNAMIC 14 | US | USD | Dec 2007 | |
| SLZ | ARCA (NYSE Arca) | NT S&P IDX2009 | US | USD | Jun 2008 | |
| BTQ | ARCA (NYSE Arca) | PLUS S&P500 10 | US | USD | Dec 2008 | |
| MSBR34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM USD0.01 | BR | BRL | Aug 2012 | |
| MS.PRE | NYSE (New York Stock Exchange) | DEP SHS 1/1000 E | US | USD | Sep 2013 | |
| MS.PRF | NYSE (New York Stock Exchange) | DEP SHS 1/1000TH | US | USD | Dec 2013 | |
| MS.PRI | NYSE (New York Stock Exchange) | DEP FIX/FLT | US | USD | Sep 2014 | |
| MS.PRK | NYSE (New York Stock Exchange) | SH NONCM PFD K | US | USD | Jan 2017 | |
| DWDW | BST (Boerse-Stuttgart) | 5.45%-FRN SUB PERP USD 'H' | DE | USD | Jun 2017 | |
| MS.PRL | NYSE (New York Stock Exchange) | 4.875 DP SH PF L | US | USD | Nov 2019 |
Biography
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,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 23:12 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.