Morgan Stanley (MS) Set to Announce Earnings on Wednesday

Morgan Stanley (NYSE:MS) is expected to announce its Q3 2026 results before the market opens on Wednesday, October 14th. Analysts expect Morgan Stanley to announce earnings of $2.93 per share and revenue of $19.93 billion for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 14, 2026 at 9:30 AM ET.

Morgan Stanley (NYSE:MS) last posted its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $3.46 EPS for the quarter, beating the consensus estimate of $2.89 by $0.57. Morgan Stanley had a net margin of 15.65% and a return on equity of 19.31%. The business had revenue of $21.35 billion during the quarter, compared to analyst estimates of $19.67 billion. During the same quarter in the previous year, the business posted $2.13 EPS. The company’s quarterly revenue was up 27.1% compared to the same quarter last year. On average, analysts expect Morgan Stanley to post $12.66 EPS for the current fiscal year and $13.08 EPS for the next fiscal year.

Morgan Stanley Price Performance

Shares of MS opened at $189.94 on Tuesday. The company has a 50 day moving average price of $207.10 and a 200-day moving average price of $203.20. Morgan Stanley has a fifty-two week low of $151.88 and a fifty-two week high of $232.25. The stock has a market capitalization of $299.60 billion, a PE ratio of 15.36, a PEG ratio of 1.26 and a beta of 1.22. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.79 and a current ratio of 0.79.

Morgan Stanley Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 31st were issued a dividend of $1.15 per share. The ex-dividend date of this dividend was Friday, July 31st. This is a positive change from Morgan Stanley’s previous quarterly dividend of $1.00. This represents a $4.60 annualized dividend and a yield of 2.4%. Morgan Stanley’s dividend payout ratio is 37.19%.

Morgan Stanley declared that its Board of Directors has initiated a stock buyback plan on Wednesday, June 24th that allows the company to buy back $20.00 billion in shares. This buyback authorization allows the financial services provider to buy up to 5.6% of its shares through open market purchases. Share buyback plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Morgan Stanley News Summary

Here are the key news stories impacting Morgan Stanley this week:

• Positive Sentiment: Morgan Stanley strategist Kevin Warsh said tighter financial conditions—driven by higher Treasury yields, a stronger dollar and elevated energy prices—could reduce the need for additional Federal Reserve rate hikes. A less aggressive Fed could eventually support equity valuations and trading activity. The bond market is doing the Fed’s job, and that could be good news for stocks
• Positive Sentiment: Morgan Stanley’s continued research activity—including naming eBay a top internet-sector pick and issuing views on other companies—highlights the strength of its equity-research and investment-banking franchise. However, the direct share-price benefit is likely limited because the calls primarily affect the covered companies. eBay Stock Jumps as Morgan Stanley Names eBay a Top Pick
• Neutral Sentiment: Investors are looking ahead to Morgan Stanley’s earnings and FY2027 outlook, with particular attention on wealth-management flows, investment-banking revenue and trading performance. The firm’s latest reported quarter was strong, with earnings and revenue above consensus, but the market is now focused on whether that momentum can continue. Analysts Set Expectations for Morgan Stanley FY2027 Earnings
• Negative Sentiment: High and rising bond yields are creating headwinds for banks by increasing funding costs and potentially slowing dealmaking, lending growth and capital-markets activity. Analysts also expect government borrowing costs and restrictive financial conditions to be key risks during third-quarter bank earnings. Q3 Earnings Season Begins: Global Week Ahead

Analyst Ratings Changes

A number of brokerages recently commented on MS. BMO Capital Markets reduced their price objective on shares of Morgan Stanley from $250.00 to $215.00 and set an “outperform” rating for the company in a research note on Tuesday, October 6th. TD Cowen started coverage on Morgan Stanley in a report on Thursday, October 8th. They set a “hold” rating and a $210.00 target price for the company. Wells Fargo & Company dropped their target price on Morgan Stanley from $240.00 to $223.00 and set an “equal weight” rating on the stock in a research report on Friday, September 25th. Citigroup dropped their target price on Morgan Stanley from $235.00 to $210.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 30th. Finally, Bank of America lifted their price target on Morgan Stanley from $225.00 to $250.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Morgan Stanley has a consensus rating of “Moderate Buy” and an average price target of $219.43.

About Morgan Stanley

Morgan Stanley is a global financial services firm serving corporations, governments, financial institutions, individuals and other investors. The company provides investment banking and advisory services, including mergers and acquisitions advice, equity and debt underwriting, securities sales and trading, and corporate lending.

Through its Wealth Management business, Morgan Stanley offers financial planning, brokerage, investment advisory and banking services to individual investors, businesses and institutions.