Inside the research

Morgan Stanley

MS Research profile · latest available data

Price overview

$196.31

▼ -0.01 (-0.0%)

52w hi$227.30
52w lo$148.49
Vol4.53M
As of25 Sep 2026

The Verdict

Hold

Our score +0.20

Short+0.07
Medium+0.22
Long+0.40

computed 2026-09-27

Key fundamentals

Morgan Stanley

Financial Services · Capital Markets

Market cap$308.32B
Enterprise value$187.60B
Trailing P/E15.84x
Forward P/E14.42x
P / S (ttm)3.96x
Profit margin25.9%
Return on equity18.0%
Revenue growth+28.0%
Earnings growth+62.4%
Debt / equity517.28

Layer Breakdown

LayerRawContribution
Fundamental+0.36
Sector+0.02
Technical+0.06
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Asia, Europe, the Middle East, and Africa. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The company offers capital raising and financial advisory services, including services related to the underwriting of debt, equity securities, and other products, as well as advice on mergers and acquisitions, restructurings, and project finance. It also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; Asia wealth management; business-related investments services; originating corporate and commercial real estate loans, secured lending facilities, and extending securities-based and other financing; and research activities. In addition, the company offers financial advisor-led brokerage, investment advisory, custody, cash management, and administrative services; self-directed brokerage services; financial and wealth planning services; stock plan administration; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services. Further, it provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

United States · www.morganstanley.com

Risk Metrics

Beta vs SPX1.40
Corr SPX0.73
Annual vol30.8%
Annual ret+37.2%
Sharpe1.21
Max DD-29.2%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$203.29
High / Low$230.00 / $165.00
Median$205.00
Analysts21
Strong Buy2
Buy8
Hold14
Sell0
Strong Sell1

Recent rating actions

2026-05-08Citigroup→ Neutral
2026-04-16Wells Fargo→ Equal-Weight
2026-04-16RBC Capital→ Sector Perform
2026-04-16Keefe, Bruyette & Woods→ Outperform
2026-04-16Goldman Sachs→ Neutral
2026-04-16Citizens→ Market Perform

Officers & Board

CEOTed Pick since 2024
DirectorMasato Miyachi since 2022
DirectorErika H. James since 2022
DirectorHiro Kamezawa since 2021
DirectorShelley Leibowitz since 2020
DirectorStephen J. Luczo since 2019
DirectorMary Lovelace Schapiro since 2018
DirectorDennis M. Nally since 2016
DirectorAlistair Darling since 2016
DirectorPerry M. Traquina since 2015
DirectorJami Miscik since 2014
DirectorTom Glocer since 2013
DirectorRay Wilkins since 2013
DirectorRobert Herz since 2012
DirectorJames P. Gorman since 2010

Material Events

DateEvent8-K
2026-07-15Earnings Release, Exhibitsread
2026-06-24Other Material Event, Exhibitsread
2026-05-15Shareholder Voteread
2026-04-15Earnings Release, Exhibitsread
2026-02-11Other Material Eventread
2026-01-15Earnings Release, Reg FD Disclosure…read
2025-10-15Earnings Release, Exhibitsread
2025-09-30Other Material Event, Exhibitsread
2025-09-23Other Material Event, Exhibitsread
2025-07-16Earnings Release, Exhibitsread
2025-07-01Other Material Event, Exhibitsread
2025-06-16Officer / Director Change, Exhibitsread

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders8
Top-5 share99.3%
HHI5,103 (concentrated)

Top Holders

HolderValueShares
State Street Corp$20.81B99.56M
Fidelity / FMR LLC$5.21B24.90M
Capital Research / Capital World$2.81B13.45M
Citadel Advisors$1.04B5.00M
Millennium Management$251.65M1.20M
AQR Capital Management$191.38M915.53K
T. Rowe Price Group$4.02M19.25M
Bridgewater Associates$3.92M18.73K

As of 2026-06-30

Connections

Subsidiarys: JOYT, ETY, Morgan Stanley Wealth Management

Dividends

Yield (TTM)1.53%
$ / share (TTM)$3.00
5y CAGR+22.4%

Annual dividend per share

2021$2.10
2022$2.95
2023$3.25
2024$3.55
2025$3.85
2026$2.00

SEC Filings

DateFormDoc
2026-08-14424B2view
2026-08-14424B2view
2026-08-14424B2view
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2026-08-14424B2view
2026-08-14424B2view
2026-08-14424B2view
2026-08-14424B2view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$8.61B-21.0%
Net income$9.09B+6.7%
Cash from ops-$17.89B+46.2%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$197.98$197.98$194.25$196.314.53M
Sep 24$197.40$198.30$194.75$196.325.20M
Sep 23$198.50$201.12$197.94$198.394.34M
Sep 22$205.57$206.75$198.21$200.187.80M
Sep 21$205.49$206.66$203.18$206.124.04M

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