NYSE: MS
Morgan Stanley
Financial Services · Financial - Capital Markets
Market Cap
$318.06B
52w High
$203.92
52w Low
$126.35
P/E
17.42
Volume
5.62M
Outstanding Shares
1.58B
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 56.03% over the last year. Revenue grew 13.73% over the trailing twelve months. Operating margin moved from 17.73% to 19.48%. Free cash flow grew 96.53% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 47th percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 19.48%. Revenue grew 13.73% — this thesis depends on that trajectory holding. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
28
Buy
24
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 15, 2026
Q3 FY26 · EPS est $2.71 · Revenue est $19.09B
View
Dividends
$4.00/shareQuarterly4yr growth streakSafeMS pays a dividend with a 1.98% dividend yield, 4 consecutive years of growth, covered 7.0× by free cash flow.
Dividend Yield
1.98%
Annual Div / Share
$4.00
5yr CAGR
-5.47%
Dividend has been cut
Payout Ratio
36.76%
Safe
Dividend Growth Rate
3yr CAGR
+8.87%
5yr CAGR
-5.47%
10yr CAGR
+19.93%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$2/mo
In 5 yrs
$2/mo
In 10 yrs
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$20/yr $2/mo | $20/yr $2/mo | $20/yr $2/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 7.0× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
Dividend has been reduced
The 5-year dividend CAGR of -5.47% is negative, indicating the payout has been cut over this period.