MS - Morgan Stanley

NYSE - NYSE Delayed Price. Currency in USD
42.96
+0.25 (+0.59%)
At close: 4:01PM EDT
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Trade prices are not sourced from all markets
Previous Close42.71
Open43.03
Bid42.86 x 800
Ask43.18 x 900
Day's Range42.69 - 43.20
52 Week Range36.74 - 52.72
Volume6,034,842
Avg. Volume11,013,956
Market Cap72.269B
Beta (3Y Monthly)1.15
PE Ratio (TTM)9.23
EPS (TTM)4.65
Earnings DateJul 16, 2019 - Jul 22, 2019
Forward Dividend & Yield1.20 (2.49%)
Ex-Dividend Date2019-04-29
1y Target Est54.23
  • Fed minutes reveal no rate moves coming ‘for some time’
    Yahoo Finance Video3 days ago

    Fed minutes reveal no rate moves coming ‘for some time’

    Federal Reserve officials remain “patient”, saying rates will likely remain unchanged well into the future. Frances Stacey, Optimal Capital Director of Strategy, joins. Seana Smith on 'The Ticker' to break down the recent FOMC minutes and what lies ahead for the U.S. economy.

  • Reuters9 hours ago

    Brazil's Caixa picks Morgan Stanley as co-advisor on insurance deals - source

    Brazilian state lender Caixa Economica Federal has picked investment bank Morgan Stanley as co-advisor to help it find insurance partners, a source with knowledge of the matter said. Morgan Stanley will manage the process alongside Caixa's investment banking unit, the source said. Caixa Seguridade Participacoes, the insurance unit of the state lender, on Friday launched four processes to select insurance partners to sell health, dental, assistance and large risk policies.

  • Brazil's Caixa picks Morgan Stanley as co-advisor on insurance deals: source
    Reuters9 hours ago

    Brazil's Caixa picks Morgan Stanley as co-advisor on insurance deals: source

    Brazilian state lender Caixa Economica Federal has picked investment bank Morgan Stanley as co-advisor to help it find insurance partners, a source with knowledge of the matter said. Morgan Stanley will manage the process alongside Caixa's investment banking unit, the source said. Caixa Seguridade Participacoes, the insurance unit of the state lender, on Friday launched four processes to select insurance partners to sell health, dental, assistance and large risk policies.

  • Pennsylvania accuses financial firms of bond price-fixing
    Associated Pressyesterday

    Pennsylvania accuses financial firms of bond price-fixing

    HARRISBURG, Pa. (AP) — Pennsylvania's treasury department is accusing about a dozen large financial firms of working together to illegally inflate the price of bonds issued by Fannie Mae and Freddie Mac over seven years.

  • Investing.com2 days ago

    Stocks - Foot Locker Slumps Premarket; Amazon, Boeing Rise

    Investing.com - Stocks in focus in premarket trading on Friday: • Foot Locker (NYSE:FL) stock slumped 8.7% by 8:15 AM ET (12:15 GMT) after comparable sales failed to grow as much as analysts expected in the first quarter. • Amazon.com (NASDAQ:AMZN) stock was up 0.7% after analyst firm Piper Jaffray said the e-commerce giant could be worth $3,000 a share in two years due to strong growth in cloud services and advertising. • Facebook (NASDAQ:FB) stock rose 0.4% after the social media giant said it removed 3.4 billion fake accounts in the last six months before they were able to become active users. The company estimates that 5% of its 2.4 billion monthly active users are fake accounts, up from an estimated 3% to 4% in the previous six-month report. • Total System Services (NYSE:TSS) stock gained 6.4% after Bloomberg reported that the company is in merger talks with Global Payments (NYSE:GPN). • Splunk (NASDAQ:SPLK) stock dipped 1.3% despite the software services company beating first-quarter estimates. The company is still operating at a loss. • Boeing (NYSE:BA) stock was up 1% on a Reuters report saying the Federal Aviation Administration expects the airplane maker's grounded 737 Max jet to be approved for service as soon as late June. • Constellation Brands (NYSE:STZ) stock fell 0.8% after it was downgraded to “equal-weight” from “overweight” at Morgan Stanley (NYSE:MS) after a long bull run, due to a likely slowdown in growth and stagnation in margins Related Articles Futures attempt rebound after sharp sell-off in previous session EU regulators extend Vodafone, Liberty Global probe to July 23 Nestle still committed to global confectionery: CEO

  • Why U.S.-China Trade Tensions Pulled Bank of America Stock Lower
    InvestorPlace2 days ago

    Why U.S.-China Trade Tensions Pulled Bank of America Stock Lower

    Financial institutions are getting caught in the downdraft created by the ongoing U.S.-China trade tensions. If trading activity slows, banks have fewer business deals to work on, hurting revenues. Bank of America (NYSE:BAC), which fell 4% last week, is set to erase the post-earnings rally that continued after its earnings report posted in April. At a recent price of $28.40, should investors consider BAC stock?Source: Shutterstock Bank of America reported first-quarter earnings of 70 cents, up 13% from last year but adding to its 27% CAGR since Q1 2015. Its operating leverage fell to 4%, while its share count dropped 7% to 9.8 billion.Expect management to continue its shareholder-friendly moves over the long-term. If investors view trade tensions as noise, then the stock's recent dip of around 5.4% in the last month created another entry point for investors.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Operating LeverageBank of America, like other banks, is investing heavily on its own business to gain operating leverage. It will increase spending in technology/digitization by 10% this year. Its physical delivery network expanded as it added 31 financial centers in new and existing markets in the last 12 months. These investments are already having a positive impact on the business. It now has 37 million active digital banking users, compared to 32 million in Q1 2016. Total payments topped $705 billion, with non-digital growing 3% year-over-year and digital up 8%. With each digital transaction displacing the traditional ones, Bank of America is saving on operating costs. * 10 Names That Are Screaming Stocks to Buy The growth in mobile channel usage and digital deposit transactions all point to the bank becoming an online bank giant. And while the growth in loans and leases may slow due to macro issues, Bank of America is building a leaner operation to grow profits. First-Quarter By the NumbersBank of America's client balances grew 4% while the average deposit size increased 5%. GWIM now has assets under management of $1.1 trillion. The company bought back $6.3 billion in shares and paid out $1.5 billion in dividends. The stock's dividend yields 2.12%. This is below Citigroup's (NYSE:C) 2.77% and Wells Fargo & Company's (NYSE:WFC) 3.94%. Overall, it returned 112% of net income to common shareholders.BAC stock is more attractive than Wells Fargo because the latter still has the account fraud scandal controversy to deal with. Rate Hikes on PauseThe Fed's pause on rate hikes is another negative headwind that investors should consider despite the strong quarterly report from Bank of America. Without rates rising, the growth in income from interest rate spreads will slow. Still, Bank of America's net interest income grew 5% year-over-year by $0.6 billion. It benefited from past rate hikes and loan and deposit growth. This was partially offset by loan spread compression.Steady Non-performing loans, consumer and commercial net charge-offs in the first quarter could worsen if the U.S. economy worsens. For now, trade war tensions are unlikely to hurt the economy, but investors consider an escalation in tariff levels as a potential risk for BAC stock. ValuationOnly nine analysts cover Bank of America stock and have an average price target of $35.33 (according to Tipranks). Conversely, investors could use a price-to-earnings multiple valuation model to determine the fair value of BAC stock. This involves comparing its value with Citi, Wells Fargo, JP Morgan (NYSE:JPM) and Morgan Stanley (NYSE:MS). With this model, the fair value of ~$30, giving an upside of 6%.Investors could instead choose WFC stock, whose P/E of 10X is similar to that of BAC stock. Citi's P/E is 9.5 times and its dividend yield is higher. Yet investors chose to sell the stock, too, by 4.2% in the week and 7.5% lower in the month. That is more than the drop in BAC stock. Your TakeawayTrade tensions will dominate the headlines and move BAC stock in either direction. But Bank of America demonstrated its transformation to digital banking is paying off regardless of the trade war stories.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post Why U.S.-China Trade Tensions Pulled Bank of America Stock Lower appeared first on InvestorPlace.

  • Business Wire2 days ago

    The Family Center Team Wins Morgan Stanley’s Eleventh Annual U.S. Strategy Challenge

    Morgan Stanley (MS) today announced that The Family Center team has won the eleventh annual U.S. Strategy Challenge, the Firm’s flagship pro bono program, which brings together rising talent to help nonprofit organizations solve strategic, mission critical challenges. Over the past ten weeks, Morgan Stanley employees provided in-depth consulting services to nine local nonprofits, addressing key strategic challenges such as expansion and scaling strategy as well as critical opportunities to enhance efficiency and effectiveness through business and program models.

  • Reuters2 days ago

    Morgan Stanley shareholders vote to approve executive pay, director

    Morgan Stanley said on Tuesday that more than 95 percent of shares voted to approve its executive compensation packages and that all of its directors were elected at the bank's annual shareholder meeting in Purchase, New York. More than 89 percent of shareholders voted no on a proposal that the bank report annually on its lobbying efforts, according to preliminary tallies.

  • Full-Blown Trade War Is Quickly Shifting From Risk to ‘Baseline’
    Bloomberg3 days ago

    Full-Blown Trade War Is Quickly Shifting From Risk to ‘Baseline’

    Goldman Sachs Group Inc., Nomura Holdings Inc. and JPMorgan Chase and Co. are among those that have rewritten their forecasts as U.S. President Donald Trump threatens to impose a 25% tariffs on around $300 billion of additional Chinese imports. Analysts at Nomura have made that hike in duties -- which would mean practically all of China’s exports to the U.S. are hit by tariff hikes -- their baseline forecast.

  • Reuters3 days ago

    Consumer lender Home Credit appoints banks for over $1 bln HK IPO - sources

    Global consumer lender Home Credit Group has appointed Citigroup, HSBC Holdings and Morgan Stanley to lead its upcoming Hong Kong initial public offering (IPO) of at least $1 billion, three people with direct knowledge of the matter said. One person said Home Credit plans to file with the Hong Kong stock exchange as early as next month and list in September or October. Home Credit, Citi, HSBC and Morgan Stanley declined to comment.

  • Financial Times3 days ago

    Morgan Stanley boss defends bank’s role in Uber IPO

    , saying the ride-hailing company had come to market during a “very difficult week” and its long-term share price performance would be more important than its early trading. Morgan Stanley, one of the two biggest advisers in Silicon Valley, was the lead bank on the deal. “I think you do your best to find price transparency by matching supply and demand after thousands of hours of talking to investors, but that came to the market during a very difficult week, and difficult weeks deliver unpredictable outcomes,” Mr Gorman told reporters on the sidelines of Morgan Stanley’s annual shareholder meeting in Purchase, New York.

  • Financial Times3 days ago

    Morgan Stanley and Goldman Sachs: the kingpins of tech IPOs

    FT premium subscribers can click here to receive Due Diligence every day by email. Few on Wall Street or in Silicon Valley believe the battle between Morgan Stanley and Goldman Sachs will shake out the same way in one category. The next three banks — Bank of America, Allen & Co and Citigroup — earned less than a third of their bounty, according to data provider Refinitiv.

  • Goldman Sachs vs. Morgan Stanley: Comparing Business Models
    Investopedia3 days ago

    Goldman Sachs vs. Morgan Stanley: Comparing Business Models

    Goldman Sachs and Morgan Stanley have distinct ways of doing business, with one focusing on high rewards and the other on caution.

  • 3 Paint and Coatings Stocks Holding Support
    Investopedia3 days ago

    3 Paint and Coatings Stocks Holding Support

    Paint and coatings stocks have retreated toward support amid trade tariffs and margin pressure. Brush up on three trading ideas to play a rebound.

  • Financial Times3 days ago

    Sterling slips to fresh lows as May’s deal faces wall of opposition

    Sterling fell to fresh multi-month lows on Wednesday as Theresa May’s final gamble to force her Brexit deal through parliament met a wall of opposition. The pound fell 0.5 per cent on the day to trade around $1.2650, its lowest level since early January. The currency had briefly rallied on Tuesday as the prime minister offered MPs a “new deal” including the possibility of a second referendum if they back the withdrawal bill at the fourth time of asking.

  • Morgan Stanley Lays Off 5 People From London Equity Business
    Zacks3 days ago

    Morgan Stanley Lays Off 5 People From London Equity Business

    Morgan Stanley (MS) is cutting jobs at its equities business in London after reporting a decline in equity trading revenues in first-quarter 2019.

  • CNBC3 days ago

    Another analyst just put out a shocking bear case for Tesla: Citi says stock could drop to $36

    "Maintain sell/high risk as the risk/reward still appears negatively skewed despite the recent capital raise and stock pullback," Citi's Itay Michaeli says. Morgan Stanley caused a stir on Tuesday when star auto analyst Adam Jonas put out a "bear case" scenario that envisioned Tesla TSLA 's shares plummeting to just $10. Citi's Itay Michaeli sees increasing probability the shares plummet more than 80% to $36.

  • Financial Times4 days ago

    Morgan Stanley, Goldman and JPMorgan’s grip on tech IPOs under threat after Uber

    Morgan Stanley, Goldman Sachs and JPMorgan Chase have a vice-like grip on advising top technology companies. After Uber and Lyft’s weak initial public offerings, rival banks are hoping for some market disruption. “The quality of deal execution is being called into question more, by both corporates and VCs [venture capital firms],” said David Hermer, head of equity capital markets at Credit Suisse, noting that a “small number of banks have a disproportionate share of leadership roles in technology IPO”.

  • Tesla is in its 'awkward teenage' years: WSJ's Tim Higgins
    Yahoo Finance4 days ago

    Tesla is in its 'awkward teenage' years: WSJ's Tim Higgins

    Wall Street Journal tech and auto reporter Tim Higgins said Tesla is in its "awkward teenage years," no longer a startup, but not yet a profitable company. While Morgan Stanley said Tesla stock could drop to as low as $10 a share, Higgins said Tesla still has value in its technological advantage over competitors.

  • This is the biggest Saudi IPO in almost five years — and the first to be sold directly to U.S. investors
    MarketWatch4 days ago

    This is the biggest Saudi IPO in almost five years — and the first to be sold directly to U.S. investors

    It has also been amended to reflect that shares of Arabian Centres are due to start trading on Wednesday. It will be the biggest initial public offering since the $6bn listing of lender National Commercial Bank in late 2014.

  • Investing.com4 days ago

    Day Ahead: Top 3 Things to Watch

    Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow.

  • Business Wire4 days ago

    Morgan Stanley Releases Family Office Compensation Benchmarking Report

    87% of family offices review and adjust compensation on an annual basis, according to report

  • 6 Defensive Stocks to Combat Market Turbulence
    Zacks4 days ago

    6 Defensive Stocks to Combat Market Turbulence

    With the trade war likely to weigh on the global economy, defensive stocks are a prudent choice for investors.