Morgan Stanley Direct Lending (MSDL) to Release Earnings on Thursday

Morgan Stanley Direct Lending (NYSE:MSDL) will be posting its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.65 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Morgan Stanley Direct Lending (NYSE:MSDL) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.63 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.63. Morgan Stanley Direct Lending had a return on equity of 12.57% and a net margin of 60.60%. The business had revenue of $104.19 million for the quarter, compared to analysts’ expectations of $101.60 million. On average, analysts expect Morgan Stanley Direct Lending to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Morgan Stanley Direct Lending Trading Down 0.1 %

MSDL stock opened at $19.63 on Wednesday. The firm has a fifty day moving average price of $19.95 and a 200 day moving average price of $20.05. Morgan Stanley Direct Lending has a fifty-two week low of $19.05 and a fifty-two week high of $24.18. The firm has a market cap of $1.75 billion and a PE ratio of 6.61. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.09 and a current ratio of 1.09.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. UBS Group downgraded shares of Morgan Stanley Direct Lending from a “buy” rating to a “neutral” rating and set a $23.50 target price on the stock. in a report on Thursday, July 18th. Wells Fargo & Company reduced their price objective on Morgan Stanley Direct Lending from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Friday, July 26th. JPMorgan Chase & Co. lowered their price objective on Morgan Stanley Direct Lending from $22.00 to $20.00 and set a “neutral” rating for the company in a research note on Monday, July 29th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $22.00 target price on shares of Morgan Stanley Direct Lending in a research report on Friday, September 13th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, Morgan Stanley Direct Lending has a consensus rating of “Hold” and a consensus target price of $21.42.

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.