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 with approximately 45% of net revenue from its institutional securities business, 45% from wealth management, and 10% from investment management. About 30% of its total revenue is from outside the Americas. The company had over $5 trillion of client assets as well as around 80,000 employees at the end of 2023.

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

As of November 6, 2024, MS stock price climbed to $131.49 with 20,630,572 million shares trading.

MS has a beta of 1.13, meaning it tends to be more sensitive to market movements. MS has a correlation of 0.27 to the broad based SPY ETF.

MS has a market cap of $211.96 billion. This is considered a Mega Cap stock.

Last quarter Morgan Stanley reported $15 billion in Revenue and $1.88 earnings per share. This beat revenue expectation by $973 million and exceeded earnings estimates by $.30.

In the last 3 years, MS traded as high as $133.52 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 outperformed the market in the last year with a price return of +77.9% while the SPY ETF gained +37.3%. MS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +42.4% and +12.0%, respectively, while the SPY returned +13.5% and +2.3%, respectively.

MS support price is $116.14 and resistance is $119.48 (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 shares will trade within this expected range on the day.