Equities research analysts expect Msci Inc (NYSE:MSCI) to post earnings of $1.62 per share for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Msci’s earnings, with the highest EPS estimate coming in at $1.64 and the lowest estimate coming in at $1.59. Msci reported earnings of $1.31 per share in the same quarter last year, which indicates a positive year over year growth rate of 23.7%. The firm is expected to announce its next earnings report on Thursday, January 30th.
On average, analysts expect that Msci will report full-year earnings of $6.41 per share for the current fiscal year, with EPS estimates ranging from $6.36 to $6.43. For the next year, analysts forecast that the business will post earnings of $7.15 per share, with EPS estimates ranging from $6.95 to $7.27. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Msci.
Msci (NYSE:MSCI) last issued its quarterly earnings results on Thursday, October 31st. The technology company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.09. Msci had a net margin of 39.20% and a negative return on equity of 243.52%. The business had revenue of $394.25 million for the quarter, compared to analysts’ expectations of $387.79 million. During the same period last year, the business earned $1.35 earnings per share. The business’s quarterly revenue was up 10.2% on a year-over-year basis.
NYSE MSCI traded down $1.68 on Friday, reaching $245.00. 367,146 shares of the company’s stock traded hands, compared to its average volume of 561,695. Msci has a 12 month low of $134.28 and a 12 month high of $249.25. The stock has a 50-day simple moving average of $226.15 and a 200 day simple moving average of $229.46. The stock has a market cap of $20.20 billion, a PE ratio of 45.79, a P/E/G ratio of 3.72 and a beta of 1.14.
The business also recently disclosed a dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.68 per share. The ex-dividend date is Thursday, November 14th. Msci’s dividend payout ratio (DPR) is presently 50.84%.
In related news, Director Benjamin F. Dupont sold 8,000 shares of the firm’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $238.51, for a total value of $1,908,080.00. Following the completion of the sale, the director now owns 17,095 shares of the company’s stock, valued at $4,077,328.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.10% of the company’s stock.
A number of hedge funds have recently made changes to their positions in MSCI. Pensionfund DSM Netherlands purchased a new stake in Msci in the second quarter worth $2,507,000. Pensionfund Sabic purchased a new stake in Msci in the second quarter worth $1,672,000. Dorsey Wright & Associates lifted its stake in Msci by 0.4% in the second quarter. Dorsey Wright & Associates now owns 38,331 shares of the technology company’s stock worth $9,153,000 after acquiring an additional 159 shares during the period. Empowered Funds LLC bought a new position in Msci in the second quarter worth $1,221,000. Finally, Crossmark Global Holdings Inc. raised its holdings in Msci by 1.7% in the second quarter. Crossmark Global Holdings Inc. now owns 6,050 shares of the technology company’s stock worth $1,445,000 after purchasing an additional 101 shares in the last quarter. 91.42% of the stock is owned by institutional investors.
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.
Read More: Earnings Per Share
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Msci Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Msci and related companies with MarketBeat.com's FREE daily email newsletter.