Barrons is reporting this afternoon: "Morgan Stanley advisors know that if they leave the company to join a competitor, they forfeit their deferred compensation. Now, a recent court ruling may open a legal avenue for ex-Morgan advisors to reclaim millions in deferred pay." For full coverage click here. Morgan Stanley shares are stable, and are currently trading at $93.69.
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. The large-cap Capital Markets company has moved 6.4% over the last year compared to 20.7% for the S&P 500 for a difference of -14.3%. The company recorded a 52 week high of $100.99 and a 52 week low of $69.42. Morgan Stanley has 81 full time employees and is based in New York, NY.
Investors rarely win by following headlines and chasing trends — unless they have a deep understanding of the fundamentals of each stock they invest in.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (MM) | $13,892 | $17,098 | $10,162 | $9,411 | $21,595 | $45,455 |
| Revenue Growth | n/a | 23.08% | -40.57% | -7.39% | 129.47% | 110.49% |
| Interest Income (MM) | $3,806 | $4,694 | $6,313 | $8,045 | $9,327 | $8,652 |
| Operating Margins | 81% | 66% | 142% | 209% | 65% | 28% |
| Net Margins | 63% | 53% | 108% | 160% | 51% | 22% |
| Net Income (MM) | $8,748 | $9,042 | $10,996 | $15,034 | $11,029 | $9,806 |
| Depreciation & Amort. (MM) | $1,844 | $2,643 | $3,769 | $4,216 | $3,998 | $4,057 |
| Earnings Per Share | $4.73 | $5.19 | $6.46 | $8.03 | $6.15 | $5.59 |
| EPS Growth | n/a | 9.73% | 24.47% | 24.3% | -23.41% | -9.11% |
| Diluted Shares (MM) | 1,738 | 1,640 | 1,624 | 1,814 | 1,713 | 1,643 |
| Free Cash Flow (MM) | $5,440 | $38,947 | -$26,675 | $31,663 | -$9,475 | -$33,033 |
| Capital Expenditures (MM) | $1,865 | $1,826 | $1,444 | $2,308 | $3,078 | $3,253 |
| Current Ratio | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
| Total Debt (MM) | $188,117 | $190,060 | $213,388 | $227,363 | $233,867 | $242,843 |
| Net Debt / EBITDA | 12.05 | 13.32 | 5.92 | 4.17 | 5.85 | 8.11 |
