Msci Inc (MSCI) Expected to Post Earnings of $1.31 Per Share

Equities research analysts forecast that Msci Inc (NYSE:MSCI) will post earnings of $1.31 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Msci’s earnings, with estimates ranging from $1.24 to $1.35. Msci reported earnings per share of $1.15 in the same quarter last year, which indicates a positive year-over-year growth rate of 13.9%. The company is scheduled to issue its next earnings report on Thursday, February 7th.

According to Zacks, analysts expect that Msci will report full year earnings of $5.27 per share for the current year, with EPS estimates ranging from $5.20 to $5.33. For the next financial year, analysts expect that the firm will report earnings of $5.93 per share, with EPS estimates ranging from $5.65 to $6.11. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover Msci.

Msci (NYSE:MSCI) last posted its quarterly earnings results on Thursday, November 1st. The technology company reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.06. Msci had a return on equity of 121.45% and a net margin of 29.87%. The firm had revenue of $357.90 million for the quarter, compared to analyst estimates of $359.91 million. During the same period in the previous year, the firm earned $1.00 earnings per share. Msci’s quarterly revenue was up 11.1% on a year-over-year basis.

MSCI has been the topic of a number of recent research reports. Morgan Stanley set a $185.00 target price on Msci and gave the company a “hold” rating in a research note on Thursday, September 13th. Barclays lowered their target price on Msci from $175.00 to $165.00 and set an “equal weight” rating on the stock in a research note on Friday, November 2nd. BMO Capital Markets lowered their target price on Msci from $180.00 to $178.00 and set a “buy” rating on the stock in a research note on Monday. Zacks Investment Research upgraded Msci from a “sell” rating to a “hold” rating in a research note on Tuesday, August 7th. Finally, Cantor Fitzgerald boosted their target price on Msci to $192.00 and gave the company an “overweight” rating in a research note on Friday, August 3rd. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $175.29.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Advisor Group LLC bought a new stake in Msci during the 2nd quarter valued at approximately $461,000. Colony Group LLC boosted its stake in Msci by 5.5% during the 2nd quarter. Colony Group LLC now owns 10,331 shares of the technology company’s stock valued at $1,709,000 after purchasing an additional 541 shares during the period. Cambridge Investment Research Advisors Inc. boosted its stake in Msci by 184.0% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 4,309 shares of the technology company’s stock valued at $713,000 after purchasing an additional 2,792 shares during the period. Hartford Investment Management Co. boosted its stake in Msci by 867.1% during the 2nd quarter. Hartford Investment Management Co. now owns 14,265 shares of the technology company’s stock valued at $2,360,000 after purchasing an additional 12,790 shares during the period. Finally, Sentry Investment Management LLC boosted its stake in Msci by 8.5% during the 2nd quarter. Sentry Investment Management LLC now owns 5,890 shares of the technology company’s stock valued at $974,000 after purchasing an additional 461 shares during the period. Institutional investors own 92.03% of the company’s stock.

NYSE MSCI traded up $0.16 on Thursday, reaching $152.01. The stock had a trading volume of 700,002 shares, compared to its average volume of 753,590. The company has a debt-to-equity ratio of 6.80, a current ratio of 2.75 and a quick ratio of 2.65. Msci has a 1 year low of $123.80 and a 1 year high of $184.22. The company has a market capitalization of $13.01 billion, a P/E ratio of 38.19, a price-to-earnings-growth ratio of 2.81 and a beta of 1.09.

The business also recently declared a quarterly dividend, which will be paid on Friday, November 30th. Stockholders of record on Friday, November 16th will be paid a dividend of $0.58 per share. The ex-dividend date of this dividend is Thursday, November 15th. This represents a $2.32 annualized dividend and a dividend yield of 1.53%. Msci’s dividend payout ratio (DPR) is presently 58.29%.

About Msci

MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. The company operates through four segments: Index, Analytics, ESG, and Real Estate. The Index segment primarily provides equity indexes for use in various areas of the investment process, including index-linked product creation and performance benchmarking, as well as portfolio construction and rebalancing, and asset allocation.

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