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

Morgan Stanley Direct Lending (NYSE:MSDL) is expected to be issuing its quarterly earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.63 per share and revenue of $107.02 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Morgan Stanley Direct Lending Stock Up 1.7 %

Shares of NYSE MSDL opened at $20.96 on Wednesday. The company’s fifty day simple moving average is $20.89 and its 200 day simple moving average is $20.45. Morgan Stanley Direct Lending has a 12-month low of $19.05 and a 12-month high of $24.18. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.99. The firm has a market cap of $1.85 billion and a PE ratio of 8.22.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company upped their price objective on shares of Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 29th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $21.63.

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.