Research Analysts Offer Predictions for MC FY2027 Earnings

Moelis & Company (NYSE:MC) – Analysts at Zacks Research increased their FY2027 earnings estimates for shares of Moelis & Company in a research report issued to clients and investors on Wednesday, July 15th. Zacks Research analyst Team now anticipates that the asset manager will earn $4.19 per share for the year, up from their previous forecast of $4.17. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Moelis & Company’s current full-year earnings is $3.14 per share.

A number of other analysts have also recently commented on the company. UBS Group restated a “sell” rating and issued a $60.00 price objective (up from $58.00) on shares of Moelis & Company in a research report on Wednesday, July 8th. Weiss Ratings lowered Moelis & Company from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 26th. Morgan Stanley decreased their target price on Moelis & Company from $90.00 to $83.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. The Goldman Sachs Group dropped their price target on shares of Moelis & Company from $70.00 to $62.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 1st. Finally, Wall Street Zen lowered shares of Moelis & Company from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. Two investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $73.38.

Moelis & Company Trading Down 2.6%

Shares of MC stock opened at $67.45 on Friday. The company has a market capitalization of $5.30 billion, a P/E ratio of 24.26, a P/E/G ratio of 0.89 and a beta of 1.85. The business’s 50 day moving average is $66.68 and its two-hundred day moving average is $65.69. Moelis & Company has a 12-month low of $51.06 and a 12-month high of $78.22.

Moelis & Company (NYSE:MC) last announced its quarterly earnings results on Wednesday, April 29th. The asset manager reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.09). The business had revenue of $319.78 million during the quarter, compared to analysts’ expectations of $321.51 million. Moelis & Company had a net margin of 14.46% and a return on equity of 38.94%. Moelis & Company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.64 EPS.

Institutional Investors Weigh In On Moelis & Company

Several large investors have recently bought and sold shares of the company. Wasatch Advisors LP lifted its position in shares of Moelis & Company by 9.0% in the first quarter. Wasatch Advisors LP now owns 3,742,624 shares of the asset manager’s stock valued at $213,330,000 after acquiring an additional 310,001 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Moelis & Company by 2.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,194,479 shares of the asset manager’s stock worth $219,588,000 after purchasing an additional 66,697 shares in the last quarter. State Street Corp increased its position in shares of Moelis & Company by 3.2% during the second quarter. State Street Corp now owns 2,862,337 shares of the asset manager’s stock worth $178,381,000 after purchasing an additional 89,143 shares in the last quarter. Ameriprise Financial Inc. raised its stake in Moelis & Company by 6.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,396,230 shares of the asset manager’s stock valued at $149,333,000 after purchasing an additional 135,885 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Moelis & Company by 5.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,876,472 shares of the asset manager’s stock valued at $128,989,000 after purchasing an additional 89,365 shares during the last quarter. 91.53% of the stock is currently owned by hedge funds and other institutional investors.

Moelis & Company Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Monday, May 11th were issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, May 11th. Moelis & Company’s payout ratio is presently 93.53%.

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. The company was founded by Kenneth David Moelis, Navid Mahmoodzadegan, Jeffrey Raich and Elizabeth Ann Crain in July 2007 and is headquartered in New York, NY.