Morgan Stanley

Morgan Stanley

MS

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Market Cap$284.76B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Morgan StanleyMorgan Stanley14.22.3%-2.8-

Earnings Call Q3 2026

October 14, 2026 - AI Summary

Strong quarter results; momentum continues - Q3 delivered ~$20.3B total revenues and EPS ~$3.03 (ROTCE 22.6%). - Wealth + Investment Management client assets rose by ~$400B to a record ~$10.5T, supporting the “integrated firm” narrative. - Efficiency ratio: 66% YTD; operating leverage from strong revenues more than offset higher execution/related costs vs. prior year.
Wealth management is the standout (flows + profitability), with a durable funnel - Wealth revenues >$9B (record); net new assets (NNA) ~$232B and fee-based flows ~$80B (another record). - In the first 9 months: roughly ~$500B net new assets and ~$175B fee-based flows, implying continued progress toward sustained wealth growth. - Management emphasized IPO-driven flows as a tail, not a one-quarter event—helping convert new equity wealth into advice-based relationships over time. - Strong economics signal: they believe they can retain more of these flows and convert them into fee-based/adviser-led assets, citing steady retention rates and ongoing relationship-building.
Investment banking / Institutional Securities: positive but choppy market backdrop - Institutional Securities revenue ~$10B (+18% YoY), led by equities ~$5.8B (+41%) and supported by advisory pickup. - Investment banking revenue ~$2.2B (+2% YoY) with sequential broadening across regions; advisory ~$887M up, underwriting mixed (equity underwriting down in the quarter; fixed income underwriting ~$747M strong). - CEO framed markets in two phases: July–Aug unusually brisk (AI-driven risk appetite / hyperscaler investment themes), then slower volumes into September/early Q4 due to Middle East tensions and higher global rates.

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$231.25

Target Price by Analysts

25.7% upsideMorgan Stanley Target Price DetailsTarget Price
$-73.63

Current Fair Value

140% downside

Overvalued by 140% based on the discounted cash flow analysis.

Share Statistics

Market cap$284.76 Billion
Enterprise Value$284.76 Billion
Dividend Yield$4.15 (2.30%)
Earnings per Share$10.34
Beta1.21
Outstanding Shares1,548,000,000

Return

Return on EquityNaN%ROE
Return on Assets1.55%
Return on Invested Capital2.33%

Valuation & Multiples

P/E Ratio14.24P/E Ratio
PEG260.94PEG
Price to Sales2.79Price to Sales
Price to Book Ratio0.17Price to Book Ratio
Enterprise Value to Revenue2.78
Enterprise Value to EBIT7.23
Enterprise Value to Net Income10
Total Debt to Enterprise0
Debt to Equity-Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
October 21, 2026
EPS Estimate
$2.96
Average shareholder expectation
Revenue Estimate
$20.11 B
Average shareholder expectation

Next Earnings Call

Expected Date
January 14, 2027
EPS Estimate
$2.93
Average shareholder expectation
Revenue Estimate
$20.19 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000▼ 111.02%
Total Calls-▼ 100.00%
Total Puts-▼ 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %0.79%▼ 85.69%
Total Invested$2.32B▼ 99.18%
Investors Holding415▼ 2437.00%

ESG Score

No data

About Market Vectors Chinese Renminbi/USD ETN

2,020 employees
CEO: James Gorman

The investment seeks to replicate, net of expenses, the S&P Chinese Renminbi Total Return Index. The index tracks the value of the Chinese RMB relative to the U.S. dollar. It follows the value of non-deliverable, three-month currency for...