MSCI (MSCI) to Release Earnings on Tuesday

MSCI (NYSE:MSCI) will be issuing its quarterly earnings data before the market opens on Tuesday, April 23rd. Analysts expect the company to announce earnings of $3.46 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

MSCI (NYSE:MSCI) last announced its earnings results on Tuesday, January 30th. The technology company reported $3.68 EPS for the quarter, beating analysts’ consensus estimates of $3.29 by $0.39. The business had revenue of $690.11 million for the quarter, compared to analysts’ expectations of $662.64 million. MSCI had a net margin of 45.42% and a negative return on equity of 111.17%. The company’s quarterly revenue was up 19.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.84 EPS. 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 $513.06 on Tuesday. The firm’s fifty day simple moving average is $558.20 and its 200-day simple moving average is $539.26. The stock has a market capitalization of $40.64 billion, a price-to-earnings ratio of 35.63, a PEG ratio of 2.64 and a beta of 1.06. MSCI has a 12 month low of $451.55 and a 12 month high of $617.39.

MSCI Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Friday, February 16th were issued a $1.60 dividend. This represents a $6.40 dividend on an annualized basis and a dividend yield of 1.25%. This is a boost from MSCI’s previous quarterly dividend of $1.38. The ex-dividend date was Thursday, February 15th. MSCI’s payout ratio is presently 44.44%.

Wall Street Analysts Forecast Growth

MSCI has been the topic of a number of analyst reports. The Goldman Sachs Group lifted their price objective on shares of MSCI from $544.00 to $617.00 and gave the company a “neutral” rating in a research report on Wednesday, January 31st. Barclays boosted their target price on shares of MSCI from $600.00 to $700.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. Royal Bank of Canada restated an “outperform” rating and set a $638.00 target price on shares of MSCI in a research report on Friday. Wells Fargo & Company lifted their price target on MSCI from $615.00 to $660.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 31st. Finally, Oppenheimer cut their price target on MSCI from $659.00 to $648.00 and set an “outperform” rating for the company in a research note on Tuesday, April 9th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, MSCI has a consensus rating of “Hold” and an average target price of $581.57.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. KB Financial Partners LLC increased its stake in shares of MSCI by 8.1% during the 2nd quarter. KB Financial Partners LLC now owns 253 shares of the technology company’s stock valued at $119,000 after acquiring an additional 19 shares during the last quarter. Penserra Capital Management LLC increased its stake in shares of MSCI by 5.4% during the 4th quarter. Penserra Capital Management LLC now owns 412 shares of the technology company’s stock valued at $190,000 after acquiring an additional 21 shares during the last quarter. Angeles Wealth Management LLC grew its holdings in shares of MSCI by 2.1% during the 4th quarter. Angeles Wealth Management LLC now owns 1,027 shares of the technology company’s stock worth $478,000 after purchasing an additional 21 shares during the period. First Manhattan Co. grew its holdings in shares of MSCI by 0.7% during the 4th quarter. First Manhattan Co. now owns 3,021 shares of the technology company’s stock worth $1,405,000 after purchasing an additional 21 shares during the period. Finally, Bradley Foster & Sargent Inc. CT grew its holdings in shares of MSCI by 2.0% during the 4th quarter. Bradley Foster & Sargent Inc. CT now owns 1,286 shares of the technology company’s stock worth $598,000 after purchasing an additional 25 shares during the period. Institutional investors and hedge funds own 89.97% 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.