MSCI Inc. (NYSE:MSCI) Expected to Announce Earnings of $2.49 Per Share

Analysts predict that MSCI Inc. (NYSE:MSCI) will post earnings of $2.49 per share for the current quarter, according to Zacks. Two analysts have made estimates for MSCI’s earnings. The highest EPS estimate is $2.53 and the lowest is $2.43. MSCI reported earnings per share of $1.96 during the same quarter last year, which suggests a positive year over year growth rate of 27%. The company is expected to issue its next quarterly earnings report on Thursday, January 27th.

On average, analysts expect that MSCI will report full-year earnings of $9.94 per share for the current year, with EPS estimates ranging from $9.83 to $10.05. For the next financial year, analysts expect that the company will post earnings of $11.13 per share, with EPS estimates ranging from $11.01 to $11.27. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover MSCI.

MSCI (NYSE:MSCI) last announced its quarterly earnings data on Tuesday, October 26th. The technology company reported $2.53 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.43 by $0.10. MSCI had a negative return on equity of 199.50% and a net margin of 35.53%. The business had revenue of $517.10 million for the quarter, compared to the consensus estimate of $509.62 million. During the same period in the previous year, the business earned $2.20 earnings per share. The business’s revenue was up 21.6% on a year-over-year basis.

Several equities research analysts have weighed in on MSCI shares. Royal Bank of Canada boosted their price objective on MSCI from $650.00 to $720.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 21st. Oppenheimer upped their target price on MSCI from $685.00 to $713.00 and gave the company an “outperform” rating in a research note on Wednesday, October 27th. Deutsche Bank Aktiengesellschaft upped their target price on MSCI from $600.00 to $650.00 and gave the company a “buy” rating in a research note on Tuesday, August 3rd. Morgan Stanley upped their target price on MSCI from $570.00 to $600.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 27th. Finally, Barclays upped their target price on MSCI from $545.00 to $700.00 and gave the company an “overweight” rating in a research note on Wednesday, July 28th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $648.57.

In related news, COO Cd Baer Pettit sold 2,500 shares of the stock in a transaction that occurred on Thursday, November 4th. The stock was sold at an average price of $658.60, for a total value of $1,646,500.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.93% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of MSCI. Captrust Financial Advisors lifted its holdings in shares of MSCI by 209.7% during the 1st quarter. Captrust Financial Advisors now owns 1,121 shares of the technology company’s stock valued at $470,000 after purchasing an additional 759 shares during the last quarter. Ameritas Investment Company LLC purchased a new stake in shares of MSCI during the 1st quarter valued at $36,000. Gotham Asset Management LLC purchased a new stake in shares of MSCI during the 1st quarter valued at $240,000. FORA Capital LLC purchased a new stake in shares of MSCI during the 1st quarter valued at $74,000. Finally, Perigon Wealth Management LLC lifted its holdings in shares of MSCI by 57.5% during the 1st quarter. Perigon Wealth Management LLC now owns 611 shares of the technology company’s stock valued at $256,000 after purchasing an additional 223 shares during the last quarter. Institutional investors own 89.26% of the company’s stock.

Shares of NYSE:MSCI traded up $10.30 during mid-day trading on Thursday, reaching $642.64. The stock had a trading volume of 412,604 shares, compared to its average volume of 364,872. The company has a market cap of $52.98 billion, a P/E ratio of 77.90 and a beta of 0.95. MSCI has a 1 year low of $380.00 and a 1 year high of $679.85. The business’s 50 day moving average price is $635.52 and its 200 day moving average price is $583.42.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 30th. Investors of record on Friday, November 12th will be paid a $1.04 dividend. The ex-dividend date of this dividend is Wednesday, November 10th. This represents a $4.16 annualized dividend and a yield of 0.65%. MSCI’s dividend payout ratio (DPR) is currently 50.42%.

MSCI Company Profile

MSCI, Inc engages in the provision of investment decision support tools including indices, portfolio risk and performance analytics and corporate governance products and services. The company operates through the following business segments: Index, Analytics, Environmental, Social, and Governance (ESG), Real Estate, and Burgiss.

Further Reading: Understanding Price to Earnings Ratio (PE)

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Earnings History and Estimates for MSCI (NYSE:MSCI)

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