Morgan Stanley Direct Lending (NYSE:MSDL – Get Free Report) declared an annual dividend on Thursday, February 29th, NASDAQ reports. Stockholders of record on Friday, March 29th will be paid a dividend of 0.50 per share on Thursday, April 25th. This represents a dividend yield of 2.5%. The ex-dividend date is Wednesday, March 27th.
Morgan Stanley Direct Lending Stock Down 1.0 %
NYSE:MSDL traded down $0.22 during trading hours on Monday, hitting $22.21. 49,987 shares of the company were exchanged, compared to its average volume of 180,236. The company has a market cap of $1.97 billion and a PE ratio of 7.05. Morgan Stanley Direct Lending has a one year low of $19.05 and a one year high of $22.97. The business’s fifty day moving average is $20.58.
Morgan Stanley Direct Lending (NYSE:MSDL – Get Free Report) last announced its earnings results on Friday, March 1st. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.01. The company had revenue of $100.80 million for the quarter, compared to the consensus estimate of $97.34 million.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. assumed coverage on Morgan Stanley Direct Lending in a research note on Tuesday, February 20th. They set a “neutral” rating and a $20.50 price target for the company. UBS Group began coverage on Morgan Stanley Direct Lending in a research note on Tuesday, February 20th. They set a “buy” rating and a $23.50 price target for the company. Wells Fargo & Company began coverage on shares of Morgan Stanley Direct Lending in a research report on Tuesday, February 20th. They set an “equal weight” rating and a $21.00 target price on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $21.00 price target on shares of Morgan Stanley Direct Lending in a report on Monday, March 4th. Finally, Keefe, Bruyette & Woods began coverage on shares of Morgan Stanley Direct Lending in a report on Tuesday, February 20th. They issued a “market perform” rating and a $21.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Morgan Stanley Direct Lending presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.50.
Get Our Latest Stock Analysis on MSDL
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Morgan Stanley Direct Lending (NYSE:MSDL – Get Free Report) announced an annual dividend on Thursday, February 29th, NASDAQ reports. Stockholders of record on Friday, March 29th will be paid a dividend of 0.50 per share on Thursday, April 25th. This represents a dividend yield of 2.5%. The ex-dividend date is Wednesday, March 27th.
Morgan Stanley Direct Lending Stock Performance
NYSE MSDL traded down $0.22 on Monday, reaching $22.21. 49,987 shares of the company’s stock traded hands, compared to its average volume of 180,236. The stock has a market cap of $1.97 billion and a price-to-earnings ratio of 7.05. The business has a 50 day moving average of $20.58. Morgan Stanley Direct Lending has a fifty-two week low of $19.05 and a fifty-two week high of $22.97.
Morgan Stanley Direct Lending (NYSE:MSDL – Get Free Report) last announced its quarterly earnings data on Friday, March 1st. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.01. The business had revenue of $100.80 million for the quarter, compared to analysts’ expectations of $97.34 million.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on MSDL shares. Royal Bank of Canada reiterated an “outperform” rating and set a $21.00 target price on shares of Morgan Stanley Direct Lending in a report on Monday, March 4th. Wells Fargo & Company assumed coverage on shares of Morgan Stanley Direct Lending in a report on Tuesday, February 20th. They issued an “equal weight” rating and a $21.00 price objective on the stock. JPMorgan Chase & Co. assumed coverage on shares of Morgan Stanley Direct Lending in a report on Tuesday, February 20th. They issued a “neutral” rating and a $20.50 price objective on the stock. Keefe, Bruyette & Woods initiated coverage on shares of Morgan Stanley Direct Lending in a report on Tuesday, February 20th. They issued a “market perform” rating and a $21.00 price objective on the stock. Finally, UBS Group initiated coverage on shares of Morgan Stanley Direct Lending in a research report on Tuesday, February 20th. They issued a “buy” rating and a $23.50 target price on the stock. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.50.
Read Our Latest Stock Analysis on MSDL
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