MS Stock Summary and Trading Ideas (Morgan Stanley | NYSE:MS)

Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments. The company had over $4 trillion of client assets as well as over 80,000 employees at the end of 2022. Approximately 50% of the company's net revenue is from its institutional securities business, with the remainder coming from wealth and investment management. The company derives about 30% of its total revenue outside the Americas.

Morgan Stanley trades on the NYSE stock market under the symbol MS.

As of April 15, 2024, MS stock price climbed to $86.99 with 8,796,805 million shares trading.

MS has a beta of 1.52, meaning it tends to be more sensitive to market movements. MS has a correlation of 0.40 to the broad based SPY ETF.

MS has a market cap of $142.25 billion. This is considered a Large Cap stock.

Last quarter Morgan Stanley reported $13 billion in Revenue and $1.13 earnings per share. This beat revenue expectation by $1 billion and exceeded earnings estimates by $.21.

In the last 3 years, MS stock traded as high as $109.73 and as low as $69.42.

The top ETF exchange traded funds that MS belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.

MS has underperformed the market in the last year with a price return of +4.2% while the SPY ETF gained +23.9%. MS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.1% and -7.0%, respectively, while the SPY returned +6.2% and -3.4%, respectively.

MS support price is $84.76 and resistance is $87.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MS stock will trade within this expected range on the day.