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    M

    Morgan Stanley (MS)

    Official site

    FINANCIAL SERVICES • CAPITAL MARKETS • NYSE

    $178.52
    -2.05 (-1.14%)

    Market Cap: $283.60B

    Last updated: Oct 20, 2026 at 12:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    88%(35/40)
    Avg Surprise
    +15.25%
    Streak
    11 Q

    Upcoming Estimates

    Period ending Dec 31, 2026
    EPS Consensus$3.93
    Range$3.52 - $4.28
    19 analysts
    Revenue Consensus
    $22.6B
    Range$19.7B - $23.9B
    18 analysts
    Period ending Mar 31, 2027
    EPS Consensus$3.62
    Range$3.28 - $4.00
    10 analysts
    EPS RevisionsNo revisions (7d)
    1
    3
    30d
    EPS Estimate DriftChange to current
    90d ago$3.61+0.2%
    60d ago$3.65-0.8%
    30d ago$3.69-1.9%
    7d ago$3.61+0.2%
    Current$3.62
    Revenue Consensus
    $22.2B
    Range$21.3B - $23.4B
    7 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Mar 27EST
    		-$3.62---
    Dec 26EST
    		-$3.93---
    Sep 26
    Reported Oct 14
    		$3.03$2.83+7.07%Beat+8.2%
    Jun 26
    Reported Jul 15
    		$3.46$2.89+19.72%Beat+62.4%
    Mar 26
    Reported Apr 15
    		$3.43$3.02+13.58%Beat+31.9%
    Dec 25
    Reported Jan 15
    		$2.68$2.45+9.39%Beat+20.7%
    Sep 25
    Reported Oct 15
    		$2.80$2.11+32.70%Beat+48.9%
    Jun 25
    Reported Jul 16
    		$2.13$1.98+7.58%Beat+17.0%
    Mar 25
    Reported Apr 11
    		$2.60$2.21+17.65%Beat+28.7%
    Dec 24
    Reported Jan 16
    		$2.22$1.69+31.36%Beat+161.2%
    Sep 24
    Reported Oct 16
    		$1.88$1.58+18.99%Beat+36.2%
    Jun 24
    Reported Jul 16
    		$1.82$1.65+10.30%Beat+26.4%
    Mar 24
    Reported Apr 16
    		$2.02$1.66+21.69%Beat+16.1%
    Dec 23
    Reported Jan 16
    		$0.85$1.03-17.48%Miss-35.1%
    Sep 23
    Reported Oct 18
    		$1.38$1.29+6.98%Beat-6.1%
    Jun 23
    Reported Jul 18
    		$1.44$1.21+19.01%Beat-5.9%
    Mar 23
    Reported Apr 19
    		$1.74$1.66+4.82%Beat-15.5%
    Dec 22
    Reported Jan 17
    		$1.31$1.29+1.55%Beat-37.0%
    Sep 22
    Reported Oct 14
    		$1.47$1.51-2.65%Miss-27.9%
    Jun 22
    Reported Jul 14
    		$1.53$1.60-4.38%Miss-17.3%
    Mar 22
    Reported Apr 14
    		$2.06$1.72+19.77%Beat-5.9%
    Dec 21
    Reported Jan 19
    		$2.08$1.96+6.12%Beat+8.3%
    Sep 21
    Reported Oct 14
    		$2.04$1.68+21.43%Beat+22.9%
    Jun 21
    Reported Jul 15
    		$1.85$1.65+12.12%Beat-5.6%
    Mar 21
    Reported Apr 16
    		$2.19$1.71+28.07%Beat+121.2%
    Dec 20
    Reported Jan 20
    		$1.92$1.28+50.00%Beat+47.7%
    Sep 20
    Reported Oct 15
    		$1.66$1.26+31.75%Beat+30.7%
    Jun 20
    Reported Jul 16
    		$1.96$1.11+76.58%Beat+59.3%
    Mar 20
    Reported Apr 16
    		$0.99$1.08-8.33%Miss-28.8%
    Dec 19
    Reported Jan 16
    		$1.30$1.00+30.00%Beat+62.5%
    Sep 19
    Reported Oct 17
    		$1.27$1.11+14.41%Beat+8.5%
    Jun 19
    Reported Jul 18
    		$1.23$1.16+6.03%Beat-1.6%
    Mar 19
    Reported Apr 17
    		$1.39$1.17+18.80%Beat-4.1%
    Dec 18
    Reported Jan 17
    		$0.80$0.89-10.11%Miss-4.8%
    Sep 18
    Reported Oct 16
    		$1.17$1.02+14.71%Beat+25.8%
    Jun 18
    Reported Jul 18
    		$1.25$1.10+13.64%Beat+43.7%
    Mar 18
    Reported Apr 18
    		$1.45$1.25+16.00%Beat+45.0%
    Dec 17
    Reported Jan 18
    		$0.84$0.78+7.69%Beat+3.7%
    Sep 17
    Reported Oct 17
    		$0.93$0.81+14.81%Beat-
    Jun 17
    Reported Jul 19
    		$0.87$0.77+12.99%Beat-
    Mar 17
    Reported Apr 19
    		$1.00$0.90+11.11%Beat-
    Dec 16
    Reported Jan 17
    		$0.81$0.65+24.62%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.58%
    Forward Annual Dividend$4.60
    Payout Ratio31.76%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+9.28%
    5Y CAGR+22.42%
    MS dividend history and ex-dividend datesRun MS in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio14.17EV/EBITDAN/A
    Price/FCF-13.98xFCF Yield-7.16%
    Profitability
    Profit Margin25.60%Operating Margin39.90%
    ROE18.00%ROICN/A
    Financial Health
    Debt/Equity0.00xInterest Coverage0.52x
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    Beta1.21Avg Volume5.92M
    52-Week High$230.9852-Week Low$151.15

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$185.75
    SMA 20$189.59
    SMA 50$203.58
    SMA 200$193.32
    EMA 10$184.84
    EMA 20$189.84
    EMA 50$198.73
    EMA 200$192.19

    MACD

    Line: -6.47Signal: -5.95Hist: -0.52

    ADX

    ADX: 41.6+DI: 13.6-DI: 38.0

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down88.0
    PSAR$192.31

    Bollinger Bands

    Upper Band$201.31
    Lower Band$177.86
    %B Position1237%(Upper)
    Band Width0.03

    RSI (14-Day)

    Oversold
    23.6

    Momentum Oscillators

    Stoch %K21.5
    Stoch %D24.4
    Williams %R-87.6
    ROC (10d)-6.1%
    Momentum-11.67
    CCI (20d)-147.3
    MFI (14d)28.9

    Volatility Measures

    ATR (14d)$4.88(2.7%)
    StdDev (20d)5.86
    Hist Vol18.7%(Low)

    Volume Flow

    VWAP$179.72
    OBV226.3M
    AD Line-1.6B
    CMF (20d)-0.048

    Volume Metrics

    Avg Vol (20d)6.0M
    Vol Ratio0.8x
    VWMA (20d)$188.94

    Pivot Points

    R3$188.16
    R2$186.49
    R1$183.53
    Pivot Point$181.87
    S1$178.90
    S2$177.24
    S3$174.28

    Advanced Oscillators

    TSI-43.69
    Ultimate Osc42.3
    KST-102.53

    Financial Data

    QuarterSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023
    Total Revenue$33.28B$34.47B$33.15B$28.86B$30.05B$28.16B$27.91B$25.98B$26.33B$25.49B$25.35B$24.19B
    Cost of Revenue$13.09B$13.22B$12.67B$12.12B$12.96B$12.75B$11.53B$11.05B$12.07B$11.54B$11.13B$12.16B
    Gross Profit$20.19B$21.25B$20.48B$16.74B$17.08B$15.41B$16.38B$14.93B$14.26B$13.95B$14.22B$12.03B
    Operating Expenses$13.71B$13.85B$13.47B$10.98B$11.05B$10.79B$10.84B$10.02B$10.04B$9.87B$9.83B$9.93B
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$8.50B$11.97B$11.77B$6.92B$7.44B$7.19B$7.38B$6.29B$6.73B$6.46B$6.70B$5.60B
    Operating Income$6.48B$7.40B$7.01B$5.76B$6.03B$4.62B$5.54B$4.91B$4.22B$4.07B$4.39B$2.10B
    Interest Income$0$15.90B$15.27B$14.95B$15.46B$14.90B$13.75B$13.49B$14.19B$13.53B$12.93B$14.06B
    Interest Expense$12.94B$13.12B$12.57B$12.10B$12.96B$12.56B$11.39B$10.94B$11.99B$11.46B$11.13B$12.16B
    Income Before Tax$6.48B$7.35B$7.01B$5.76B$6.03B$4.62B$5.54B$4.91B$4.22B$4.07B$4.39B$2.10B
    Income Tax Expense$1.51B$1.70B$1.37B$1.34B$1.37B$1.05B$1.17B$1.18B$995.00M$957.00M$933.00M$555.00M
    Net Income$4.91B$5.58B$5.64B$4.40B$4.61B$3.54B$4.32B$3.71B$3.19B$3.08B$3.41B$1.52B
    EBITDA$6.48B$8.55B$7.72B$6.90B$7.38B$5.93B$6.41B$6.55B$5.49B$5.34B$5.37B$3.50B
    EBITN/A$7.35B$7.01B$5.76B$6.03B$4.62B$5.54B$4.91B$4.22B$4.07B$4.39B$2.10B
    * Some calculated fields are derived from available data when not provided by source

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    MS Valuation and Fair Value

    P/E
    14.2x
    Forward P/E
    14.9x
    P/FCF
    -14.0x
    PEG
    1.8x
    P/B
    2.6x
    See GNG's fair value

    MS Profitability: Margins, ROIC and FCF

    Gross margin
    60.6%
    Operating margin
    39.9%
    Net margin
    25.6%
    ROE
    18.0%
    FCF margin
    -15.5%
    FCF yield
    -7.2%

    MS Competitors

    CompanyTicker
    HSBC Holdings PLC ADRHSBC
    Royal Bank of CanadaRY
    Bank of America CorpBAC
    Goldman Sachs Group IncGS
    Mastercard IncMA
    Wells Fargo & CompanyWFC
    Visa Inc. Class AV
    Mitsubishi UFJ Financial Group Inc ADRMUFG

    Sector: Financial Services

    MS Analyst Ratings

    Consensus
    Hold
    Analysts
    25
    Strong Buy
    2
    Buy
    9
    Hold
    13
    Sell
    1
    Strong Sell
    0

    MS Bull Case vs Bear Case

    Bull case

    • MS has a 25.6% net profit margin.
    • MS beat EPS estimates in 100.0% of its last 8 reported quarters.
    • MS grew quarterly revenue 10.8% year over year.

    MS Earnings: Beat Rate and Next Report

    Beat rate
    8 of 8 quarters (100.0%)
    Average surprise
    17.4%
    EPS estimate (fiscal period ending Dec 31, 2026)
    $3.93

    MS Dividend

    Forward yield
    2.6%
    Payout ratio
    31.8%
    3Y DPS growth
    9.3%
    5Y DPS growth
    22.4%
    Pay months
    Feb, May, Aug, Nov
    MS dividend history

    Frequently Asked Questions About MS

    What is MS's current dividend yield?

    Morgan Stanley (MS) has a forward dividend yield of 2.58%.

    Does MS pay dividends?

    Yes, Morgan Stanley pays dividends with a forward dividend yield of 2.58%.

    What is MS's P/E ratio?

    Morgan Stanley has a price-to-earnings (P/E) ratio of 14.17.

    What is MS's market cap?

    Morgan Stanley (MS) has a market capitalization of $283.60B with a current stock price of $178.52.

    Related stocks

    Sector: Financial Services

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