Zacks Research Lifts Earnings Estimates for Moelis & Company

Moelis & Company (NYSE:MC) – Analysts at Zacks Research lifted their Q4 2026 earnings estimates for shares of Moelis & Company in a note issued to investors on Tuesday, August 19th. Zacks Research analyst Team now anticipates that the asset manager will post earnings per share of $0.76 for the quarter, up from their previous forecast of $0.66. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Moelis & Company’s current full-year earnings is $2.97 per share.

Several other research firms also recently commented on MC. The Goldman Sachs Group increased their price objective on Moelis & Company from $56.00 to $63.00 and gave the company a “neutral” rating in a report on Thursday, May 15th. Morgan Stanley raised Moelis & Company from an “underweight” rating to an “overweight” rating and increased their price objective for the company from $42.00 to $68.00 in a report on Monday, June 23rd. Wells Fargo & Company increased their price objective on Moelis & Company from $50.00 to $64.00 and gave the company an “equal weight” rating in a report on Friday, July 11th. Finally, Keefe, Bruyette & Woods increased their price objective on Moelis & Company from $69.00 to $89.00 and gave the company an “outperform” rating in a report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $66.00.

Moelis & Company Stock Up 4.6%

Shares of MC opened at $72.6020 on Friday. The stock has a market capitalization of $5.70 billion, a P/E ratio of 28.58 and a beta of 1.70. Moelis & Company has a twelve month low of $47.00 and a twelve month high of $82.89. The company has a 50 day moving average of $67.66 and a 200-day moving average of $62.70.

Moelis & Company (NYSE:MC) last issued its quarterly earnings results on Thursday, July 24th. The asset manager reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.21. The company had revenue of $365.38 million during the quarter, compared to analysts’ expectations of $269.57 million. Moelis & Company had a net margin of 14.31% and a return on equity of 42.72%. The business’s quarterly revenue was up 38.1% on a year-over-year basis. During the same period last year, the business earned $0.18 EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Fulton Bank N.A. increased its position in shares of Moelis & Company by 2.9% in the second quarter. Fulton Bank N.A. now owns 6,581 shares of the asset manager’s stock worth $410,000 after purchasing an additional 188 shares during the period. Peak Financial Advisors LLC increased its position in shares of Moelis & Company by 2.4% in the first quarter. Peak Financial Advisors LLC now owns 8,567 shares of the asset manager’s stock worth $500,000 after purchasing an additional 204 shares during the period. Palisades Investment Partners LLC increased its position in shares of Moelis & Company by 0.3% in the first quarter. Palisades Investment Partners LLC now owns 76,730 shares of the asset manager’s stock worth $4,478,000 after purchasing an additional 204 shares during the period. California State Teachers Retirement System increased its position in shares of Moelis & Company by 0.3% in the second quarter. California State Teachers Retirement System now owns 69,155 shares of the asset manager’s stock worth $4,310,000 after purchasing an additional 209 shares during the period. Finally, Choreo LLC grew its position in Moelis & Company by 5.1% in the first quarter. Choreo LLC now owns 5,075 shares of the asset manager’s stock valued at $296,000 after acquiring an additional 244 shares during the last quarter. Institutional investors own 91.53% of the company’s stock.

Insider Buying and Selling at Moelis & Company

In other news, General Counsel Osamu R. Watanabe sold 6,340 shares of Moelis & Company stock in a transaction on Friday, July 25th. The stock was sold at an average price of $72.64, for a total transaction of $460,537.60. Following the completion of the sale, the general counsel owned 131 shares of the company’s stock, valued at approximately $9,515.84. This trade represents a 97.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 6.40% of the company’s stock.

Moelis & Company Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Monday, August 4th will be issued a dividend of $0.65 per share. The ex-dividend date of this dividend is Monday, August 4th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 3.6%. Moelis & Company’s dividend payout ratio (DPR) is currently 102.36%.

Moelis & Company Company Profile

Moelis & Co operates as a holding company. It engages in the provision of financial advisory, capital raising and asset management services to a client base including corporations, governments, sovereign wealth funds and financial sponsors. The firm focuses on clients including large public multinational corporations, middle market private companies, financial sponsors, entrepreneurs and governments.