Wall Street brokerages expect that Msci Inc (NYSE:MSCI) will post $1.52 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for Msci’s earnings, with the lowest EPS estimate coming in at $1.47 and the highest estimate coming in at $1.66. Msci posted earnings of $1.30 per share in the same quarter last year, which would suggest a positive year over year growth rate of 16.9%. The business is scheduled to issue its next quarterly earnings report on Thursday, August 1st.
According to Zacks, analysts expect that Msci will report full year earnings of $6.32 per share for the current fiscal year, with EPS estimates ranging from $6.20 to $6.60. For the next financial year, analysts forecast that the business will report earnings of $7.16 per share, with EPS estimates ranging from $7.00 to $7.25. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover Msci.
Msci (NYSE:MSCI) last announced its quarterly earnings results on Thursday, May 2nd. The technology company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.15. Msci had a net margin of 39.27% and a return on equity of 813.48%. The company had revenue of $371.38 million for the quarter, compared to the consensus estimate of $371.48 million. During the same period in the previous year, the firm posted $1.31 EPS. Msci’s revenue for the quarter was up 5.8% compared to the same quarter last year.
Shares of NYSE:MSCI opened at $234.50 on Monday. The stock has a market cap of $19.04 billion, a P/E ratio of 43.83, a PEG ratio of 3.56 and a beta of 1.15. Msci has a 12 month low of $134.28 and a 12 month high of $234.57. The company has a debt-to-equity ratio of 6.80, a quick ratio of 1.63 and a current ratio of 1.63.
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 17th were given a $0.58 dividend. The ex-dividend date was Thursday, May 16th. This represents a $2.32 annualized dividend and a yield of 0.99%. Msci’s dividend payout ratio (DPR) is 43.36%.
Several institutional investors and hedge funds have recently made changes to their positions in MSCI. Norges Bank bought a new position in shares of Msci during the 4th quarter worth approximately $138,000,000. JPMorgan Chase & Co. raised its stake in shares of Msci by 223.4% during the 1st quarter. JPMorgan Chase & Co. now owns 728,117 shares of the technology company’s stock worth $144,779,000 after acquiring an additional 502,999 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Msci by 22.5% during the 1st quarter. American Century Companies Inc. now owns 1,979,124 shares of the technology company’s stock worth $393,529,000 after acquiring an additional 363,875 shares in the last quarter. DSM Capital Partners LLC raised its stake in shares of Msci by 24.6% during the 4th quarter. DSM Capital Partners LLC now owns 1,252,070 shares of the technology company’s stock worth $184,593,000 after acquiring an additional 247,304 shares in the last quarter. Finally, Pennsylvania Trust Co raised its stake in shares of Msci by 658.4% during the 1st quarter. Pennsylvania Trust Co now owns 251,635 shares of the technology company’s stock worth $30,833,000 after acquiring an additional 218,456 shares in the last quarter. 91.73% of the stock is owned by hedge funds and other institutional investors.
Msci Company Profile
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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