MSCI (MSCI) to Release Earnings on Wednesday

MSCI (NYSE:MSCI) is anticipated to announce its earnings results before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $3.95 per share and revenue of $747,630.24 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

MSCI (NYSE:MSCI) last released its quarterly earnings data on Tuesday, October 29th. The technology company reported $3.86 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $0.09. MSCI had a negative return on equity of 162.06% and a net margin of 43.06%. The business had revenue of $724.70 million during the quarter, compared to the consensus estimate of $716.15 million. During the same quarter in the prior year, the company posted $3.45 earnings per share. The firm’s revenue was up 15.9% on a year-over-year basis. On average, analysts expect MSCI to post $15 EPS for the current fiscal year and $17 EPS for the next fiscal year.

MSCI Price Performance

Shares of MSCI stock opened at $617.34 on Wednesday. MSCI has a 1 year low of $439.95 and a 1 year high of $642.45. The business has a 50-day moving average of $604.24 and a two-hundred day moving average of $576.09. The company has a market capitalization of $48.38 billion, a P/E ratio of 40.53, a price-to-earnings-growth ratio of 2.78 and a beta of 1.11.

MSCI Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a $1.60 dividend. The ex-dividend date was Friday, November 15th. This represents a $6.40 annualized dividend and a dividend yield of 1.04%. MSCI’s dividend payout ratio (DPR) is currently 42.02%.

Wall Street Analyst Weigh In

MSCI has been the subject of several recent analyst reports. Redburn Atlantic upgraded MSCI from a “neutral” rating to a “buy” rating and set a $680.00 price target for the company in a report on Wednesday, October 9th. Wells Fargo & Company upped their price objective on MSCI from $570.00 to $600.00 and gave the stock an “equal weight” rating in a research report on Friday, October 11th. The Goldman Sachs Group raised MSCI from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $617.00 to $723.00 in a research report on Wednesday, December 18th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $638.00 price objective on shares of MSCI in a research report on Wednesday, October 30th. Finally, UBS Group reduced their price objective on MSCI from $695.00 to $680.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $649.85.

Insider Activity

In other news, CEO Henry A. Fernandez bought 2,900 shares of the stock in a transaction dated Thursday, December 5th. The shares were bought at an average price of $612.80 per share, for a total transaction of $1,777,120.00. Following the completion of the purchase, the chief executive officer now owns 330,379 shares in the company, valued at approximately $202,456,251.20. This trade represents a 0.89 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.20% of the company’s stock.

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.