Moody’s Corp. (NYSE:MCO) is set to post its quarterly earnings results before the market opens on Friday, October 21st. Analysts expect Moody’s Corp. to post earnings of $1.18 per share for the quarter. Moody’s Corp. has set its FY16 guidance at $4.55-4.65 EPS.

Moody’s Corp. (NYSE:MCO) last issued its quarterly earnings results on Friday, July 22nd. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.03. Moody’s Corp. had a negative return on equity of 273.01% and a net margin of 25.81%. The company had revenue of $928.90 million for the quarter, compared to analysts’ expectations of $909.08 million. During the same period last year, the firm earned $1.28 EPS. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. On average, analysts expect Moody’s Corp. to post $4.59 EPS for the current fiscal year and $5.14 EPS for the next fiscal year.

Earnings History for Moody`s Corp. (NYSE:MCO)

Moody’s Corp. (NYSE:MCO) opened at 107.80 on Wednesday. The stock’s 50 day moving average price is $108.53 and its 200 day moving average price is $101.53. Moody’s Corp. has a 12 month low of $77.76 and a 12 month high of $110.83. The firm has a market capitalization of $20.72 billion, a PE ratio of 24.07 and a beta of 1.35.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 12th. Shareholders of record on Monday, November 21st will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.37%. Moody’s Corp.’s dividend payout ratio is currently 33.18%.

In other Moody’s Corp. news, VP Linda Huber sold 44,500 shares of Moody’s Corp. stock in a transaction that occurred on Friday, July 22nd. The shares were sold at an average price of $105.00, for a total transaction of $4,672,500.00. Following the transaction, the vice president now owns 101,059 shares of the company’s stock, valued at $10,611,195. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John J. Goggins sold 24,250 shares of Moody’s Corp. stock in a transaction that occurred on Monday, August 8th. The shares were sold at an average price of $104.53, for a total transaction of $2,534,852.50. Following the transaction, the executive vice president now directly owns 75,291 shares in the company, valued at approximately $7,870,168.23. The disclosure for this sale can be found here. Company insiders own 1.48% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in MCO. Pinkerton Retirement Specialists LLC bought a new position in Moody’s Corp. during the second quarter valued at approximately $196,000. Bank of Nova Scotia increased its position in Moody’s Corp. by 5.9% in the second quarter. Bank of Nova Scotia now owns 3,410 shares of the company’s stock valued at $320,000 after buying an additional 190 shares during the period. Pacer Advisors Inc. increased its position in Moody’s Corp. by 9.9% in the second quarter. Pacer Advisors Inc. now owns 3,419 shares of the company’s stock valued at $320,000 after buying an additional 309 shares during the period. Wetherby Asset Management Inc. increased its position in Moody’s Corp. by 14.6% in the second quarter. Wetherby Asset Management Inc. now owns 3,957 shares of the company’s stock valued at $371,000 after buying an additional 503 shares during the period. Finally, Profund Advisors LLC increased its position in Moody’s Corp. by 8.6% in the second quarter. Profund Advisors LLC now owns 4,256 shares of the company’s stock valued at $399,000 after buying an additional 338 shares during the period. 86.89% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have weighed in on MCO shares. Morgan Stanley restated an “overweight” rating and issued a $114.00 target price on shares of Moody’s Corp. in a research report on Tuesday, July 19th. Barclays PLC cut their target price on shares of Moody’s Corp. from $120.00 to $95.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 23rd. Cantor Fitzgerald set a $105.00 target price on shares of Moody’s Corp. and gave the company a “hold” rating in a research report on Thursday, September 29th. BMO Capital Markets restated a “market perform” rating and issued a $112.00 target price (up previously from $104.00) on shares of Moody’s Corp. in a research report on Friday, September 30th. Finally, Zacks Investment Research lowered shares of Moody’s Corp. from a “buy” rating to a “hold” rating in a research report on Friday, October 7th. Seven analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $108.77.

About Moody’s Corp.

Moody’s Corporation (Moody’s) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services; quantitative credit risk measures, financial services training and certification services, and outsourced research and analytical services to financial institution customers.

5 Day Chart for NYSE:MCO

Receive News & Stock Ratings for Moody's Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moody's Corp. and related stocks with our FREE daily email newsletter.