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

Morgan Stanley Direct Lending (NYSE:MSDL) will post its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect Morgan Stanley Direct Lending to post earnings of $0.65 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Morgan Stanley Direct Lending (NYSE:MSDL) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.63 EPS for the quarter, meeting analysts’ consensus estimates 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 during 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 %

Shares of NYSE:MSDL opened at $19.63 on Wednesday. The firm has a market capitalization of $1.75 billion and a price-to-earnings ratio of 6.61. The business’s 50 day moving average price is $19.95 and its 200-day moving average price is $20.05. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.09 and a quick ratio of 1.09. Morgan Stanley Direct Lending has a 1 year low of $19.05 and a 1 year high of $24.18.

Analyst Ratings Changes

MSDL has been the topic of several research analyst reports. UBS Group lowered 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 research report on Thursday, July 18th. JPMorgan Chase & Co. lowered their price objective on Morgan Stanley Direct Lending from $22.00 to $20.00 and set a “neutral” rating on the stock in a report on Monday, July 29th. Royal Bank of Canada reiterated an “outperform” rating and set a $22.00 price objective on shares of Morgan Stanley Direct Lending in a research note on Friday, September 13th. Finally, Wells Fargo & Company decreased their target price on Morgan Stanley Direct Lending from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Friday, July 26th. Five 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, the company presently has an average rating of “Hold” and an average price target of $21.42.

Morgan Stanley Direct Lending Company Profile

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.