Equities research analysts predict that Msci Inc (NYSE:MSCI) will post earnings of $1.31 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Msci’s earnings, with the lowest EPS estimate coming in at $1.23 and the highest estimate coming in at $1.35. Msci posted earnings per share of $1.15 in the same quarter last year, which would suggest a positive year over year growth rate of 13.9%. The company is scheduled to announce its next earnings results on Thursday, February 7th.
On average, analysts expect that Msci will report full year earnings of $5.27 per share for the current financial year, with EPS estimates ranging from $5.19 to $5.33. For the next year, analysts expect that the company will post earnings of $5.94 per share, with EPS estimates ranging from $5.65 to $6.11. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover Msci.
Msci (NYSE:MSCI) last released its quarterly earnings data on Thursday, November 1st. The technology company reported $1.35 earnings per share for the quarter, beating analysts’ consensus estimates of $1.29 by $0.06. Msci had a net margin of 29.87% and a return on equity of 121.45%. The business had revenue of $357.90 million during the quarter, compared to analyst estimates of $359.91 million. During the same period in the previous year, the business earned $1.00 EPS. Msci’s revenue was up 11.1% compared to the same quarter last year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC grew its position in shares of Msci by 12.6% during the 2nd quarter. FMR LLC now owns 8,714,865 shares of the technology company’s stock valued at $1,441,701,000 after purchasing an additional 976,018 shares in the last quarter. Fiera Capital Corp grew its position in Msci by 0.8% in the second quarter. Fiera Capital Corp now owns 3,414,461 shares of the technology company’s stock worth $564,855,000 after acquiring an additional 26,223 shares in the last quarter. Janus Henderson Group PLC grew its position in Msci by 2.8% in the third quarter. Janus Henderson Group PLC now owns 2,729,359 shares of the technology company’s stock worth $484,216,000 after acquiring an additional 73,505 shares in the last quarter. American Century Companies Inc. grew its position in Msci by 67.8% in the second quarter. American Century Companies Inc. now owns 1,737,968 shares of the technology company’s stock worth $287,512,000 after acquiring an additional 702,241 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in Msci by 35.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,445,840 shares of the technology company’s stock worth $256,507,000 after acquiring an additional 377,801 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.
Msci stock traded down $2.57 during mid-day trading on Friday, reaching $149.75. The company’s stock had a trading volume of 831,933 shares, compared to its average volume of 744,574. Msci has a 12-month low of $124.08 and a 12-month high of $184.22. The firm has a market capitalization of $13.41 billion, a price-to-earnings ratio of 37.63, a P/E/G ratio of 2.89 and a beta of 1.07. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 6.80.
The company also recently declared a quarterly dividend, which was paid on Friday, November 30th. Stockholders of record on Friday, November 16th were given a dividend of $0.58 per share. The ex-dividend date of this dividend was Thursday, November 15th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 1.55%. Msci’s dividend payout ratio (DPR) is currently 58.29%.
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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