MSCI (NYSE:MSCI – Get Free Report) released its quarterly earnings results on Tuesday. The technology company reported $3.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $0.09, Briefing.com reports. The firm had revenue of $724.70 million for the quarter, compared to the consensus estimate of $716.15 million. MSCI had a negative return on equity of 143.09% and a net margin of 43.86%. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period last year, the business posted $3.45 EPS.
MSCI Stock Down 2.7 %
NYSE:MSCI opened at $578.93 on Wednesday. The business’s 50-day simple moving average is $579.80 and its two-hundred day simple moving average is $529.06. The stock has a market cap of $45.53 billion, a PE ratio of 38.78, a P/E/G ratio of 3.09 and a beta of 1.11. MSCI has a 52 week low of $439.95 and a 52 week high of $631.70.
MSCI Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $1.60 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $6.40 dividend on an annualized basis and a yield of 1.11%. MSCI’s dividend payout ratio is presently 42.87%.
Analyst Upgrades and Downgrades
Check Out Our Latest Report on MSCI
MSCI Company Profile
MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.
Recommended Stories
- Five stocks we like better than MSCI
- Business Services Stocks Investing
- Can Evolv Stock Recover From Its Massive Self-Inflicted Drop?
- What is the Dogs of the Dow Strategy? Overview and Examples
- 3 ETFs With Low Fees and Market-Beating Returns
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Inflation Threats Make Yield Curve ETFs a Top Trade
Receive News & Ratings for MSCI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSCI and related companies with MarketBeat.com's FREE daily email newsletter.