NYSE · MS
Morgan Stanley
Financial Services · Financial - Capital Markets
$212.73▼ 1.22% ($2.62)at close
After hours$213.28▲ 0.26%7:51 PM ET
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 38.03% over the last year. Revenue grew 16.74% over the trailing twelve months. Operating margin moved from 17.8% to 20.7%. Free cash flow grew 25.1% 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 53rd percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 20.7%. Revenue grew 16.74% — 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.
Performance
Return analysis
Company profile
Morgan Stanley operates as a prominent financial holding company, delivering a comprehensive suite of financial solutions and services.
Market multiples
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
29
Buy
22
Hold
1
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
Oct 14, 2026
Q4 FY26 · EPS est $3.13 · Revenue est $20.35B
View
Dividends
$4.15/shareQuarterlyDividend Achiever · 16yrMS pays a dividend with a 1.95% dividend yield, 16 consecutive years of growth.
Dividend Yield
1.95%
Annual Div / Share
$4.15
5yr CAGR
+18.85%
Payout Ratio
33.51%
Bank — specialized metrics apply
Dividend Growth Rate
3yr CAGR
+9.34%
5yr CAGR
+18.85%
10yr CAGR
+20.37%
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 |
5yr and 10yr income use the current dividend with no growth assumption because bank payout growth depends on earnings cycles, regulation, and capital policy.
Analysis
Dividend Strengths
Dividend Achiever
MS has raised its dividend for 16 consecutive years — qualifying as a Dividend Achiever, demonstrating long-term commitment to shareholder income.
Risks to Watch
No strong risk signal stands out from the latest period pair.