Morgan Stanley Direct Lending (NYSE:MSDL – Get Free Report) has been given an average recommendation of “Hold” by the six analysts that are covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $21.42.
Several equities research analysts have commented on the stock. JPMorgan Chase & Co. dropped their price target on shares of Morgan Stanley Direct Lending from $22.00 to $20.00 and set a “neutral” rating on the stock in a research report on Monday, July 29th. UBS Group cut shares of Morgan Stanley Direct Lending from a “buy” rating to a “neutral” rating and set a $23.50 target price for the company. in a report on Thursday, July 18th. Royal Bank of Canada decreased their price target on shares of Morgan Stanley Direct Lending from $23.00 to $22.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 13th. Wells Fargo & Company cut their price objective on Morgan Stanley Direct Lending from $21.00 to $20.00 and set an “equal weight” rating for the company in a research report on Friday, July 26th. Finally, Raymond James lowered Morgan Stanley Direct Lending from an “outperform” rating to a “market perform” rating in a research report on Monday, May 13th.
Check Out Our Latest Research Report on Morgan Stanley Direct Lending
Institutional Inflows and Outflows
Morgan Stanley Direct Lending Stock Performance
Shares of MSDL stock opened at $20.70 on Tuesday. The firm has a market cap of $1.85 billion and a price-to-earnings ratio of 6.68. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.39 and a current ratio of 1.39. Morgan Stanley Direct Lending has a 1 year low of $19.05 and a 1 year high of $24.18. The stock’s 50-day moving average is $20.05 and its two-hundred day moving average is $21.89.
Morgan Stanley Direct Lending (NYSE:MSDL – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.63 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.63. The company had revenue of $104.19 million for the quarter, compared to analysts’ expectations of $101.60 million. Morgan Stanley Direct Lending had a return on equity of 12.87% and a net margin of 62.34%. Analysts predict that Morgan Stanley Direct Lending will post 2.55 earnings per share for the current year.
Morgan Stanley Direct Lending Dividend Announcement
The firm also recently announced a — dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, September 30th will be issued a $0.50 dividend. The ex-dividend date is Monday, September 30th. This represents a dividend yield of 10.1%. Morgan Stanley Direct Lending’s payout ratio is currently 64.52%.
About Morgan Stanley Direct Lending
Morgan Stanley Direct Lending Fund is a business development company. It is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. Morgan Stanley Direct Lending Fund is based in NEW YORK.
See Also
- Five stocks we like better than Morgan Stanley Direct Lending
- The 3 Best Retail Stocks to Shop for in August
- CAVA Stock Rallies as Earnings Confirm It’s a Top Growth Play
- 3 Ways To Invest In Coffee, Other Than Drinking It
- MarketBeat Week in Review – 8/19 – 8/23
- 3 REITs to Buy and Hold for the Long Term
- 3 High Short-Interest Stocks Poised for a Rate Cut Squeeze
Receive News & Ratings for Morgan Stanley Direct Lending Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley Direct Lending and related companies with MarketBeat.com's FREE daily email newsletter.