Morgan Stanley

NYSE: MS

Stock price

211.88 USD

(+0%) TODAY

Financial Performance

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5Y price score: 148

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The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.

A score of 100 indicates that the stock did as well as the S&P 500 Index.

A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.

10Y return: 630.6%

DATE RANGE:

US$ Per
Share

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146.2

52-week range

232.2

211.88

Your model inputs

Required return / cost of capital
%
FCFF terminal growth rate
%

Your fair value & Margin of safety

To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.

Forecast:

Valuation

Free Cash Flow Yield

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FCF Yield TTM = Trailing Twelve Months free cash flow per share / current market price per shareLearn more

(5.8) %

Dividend Yield TTM

2 %

Market cap $

$ 334,194

Price / Earnings TTM

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P/E TTM = current market price per share / Trailing Twelve Months diluted earnings per shareLearn more

16.5

Price / Book TTM

3

PEG TTM

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Price/Earnings-to-Growth ratio = P/E TTM divided by most recent annual diluted earnings per share growth rateLearn more

0.3

Earnings growth and return

LTM

5YR

10YR

Total return (price & dividends)

44.9 %

117.1 %

630.6 %

Free cash flow per share growth

(132.2) %

276.2 %

2,356.2 %

Earnings per share growth

60.1 %

57.9 %

250.5 %

Founded: 1,935

Employees: 81,000

Business Summary: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. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides sales and trading services, such as sales, financing, prime brokerage, and market-making services in equity and fixed income products consisting of foreign exchange and commodities; corporate and commercial real estate loans, which provides secured lending facilities and financing for sales and trading customers, and asset-backed and mortgage lending; and wealth management services, investment, and research services. The Wealth Management segment offers financial advisor-led brokerage and investment advisory services; self-directed brokerage services; financial and wealth planning services; workplace services, including stock plan administration; annuity and insurance products; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services to individual investors and small to medium-sized businesses and institutions. The Investment Management segment provides equity, fixed income, liquidity, and alternative/other products to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, and third-party fund sponsors and corporations through institutional and intermediary channels. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

Fair Value Reference Estimate

Latest Earnings Call Takeaways

2026 Q2 (Jul 15, 2026)

1) Record Financial Performance - Morgan Stanley reported record revenues of $21.3 billion and EPS of $3.46 for Q2 2026, contributing to a strong first half with $42 billion in revenue and $6.90 EPS. - Return on Tangible Common Equity (ROTCE) was 26.6%. - Wealth and Investment Management achieved total client assets of $10 trillion, with a record $148 billion in organic net new assets (NNA) driven by large IPOs.

2) Strong Segment Results - Institutional Securities generated $11 billion in revenues, with a pre-tax profit of $4.3 billion. Investment Banking revenues rose 58% YoY to $2.4 billion. - The equities franchise contributed $6.3 billion in revenues, supported by active markets and technology investments. - Wealth Management revenues reached $8.9 billion, with a pre-tax profit of $2.7 billion and a pre-tax margin of 30.5%.

3) Strategic Focus and Investments - Morgan Stanley emphasized its integrated firm strategy, focusing on client acquisition and retention, particularly in the workplace channel. - The firm is investing in technology and AI to enhance efficiencies and productivity, with a long-term view on capital allocation. - The company announced a 15% increase in its quarterly dividend to $1.15 per share.

4) Market Conditions and Outlook - The investment banking pipeline is healthy, with strong client dialogue across sectors, particularly in the Americas and Asia. - The firm is optimistic about continued growth in IPO activity and sponsor monetization, with a favorable backdrop for M&A and equity capital raising. - Geopolitical factors and economic conditions are being monitored closely, with a focus on maintaining operational leverage and adaptability.

5) Missing Information - The call did not provide specific forward-looking guidance or detailed projections for the upcoming quarters, particularly regarding the impact of geopolitical factors on business performance.

Bottom line: Morgan Stanley's strong Q2 results reflect robust performance across its segments, driven by strategic investments and a favorable market environment. The firm is well-positioned for continued growth, although it remains vigilant about potential economic headwinds.

Annual Reports, Presentations And IR Contacts

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Morgan Stanley — Financial Overview, Stock Price, Market Cap

Morgan Stanley is a company. Founded in 1935. As of September 3, 2026, the company's market capitalization is $334194086400 with a current stock price of $211.88.