MSCI (NYSE:MSCI – Get Free Report) announced its quarterly earnings results on Tuesday. The technology company reported $3.52 earnings per share for the quarter, beating analysts’ consensus estimates of $3.44 by $0.08, Briefing.com reports. The business had revenue of $680.00 million for the quarter, compared to the consensus estimate of $685.47 million. MSCI had a net margin of 45.42% and a negative return on equity of 111.17%. MSCI’s revenue for the quarter was up 14.8% on a year-over-year basis. During the same period last year, the company posted $3.14 EPS.
MSCI Stock Down 13.4 %
Shares of NYSE MSCI opened at $446.09 on Wednesday. MSCI has a 52 week low of $439.95 and a 52 week high of $617.39. The business has a 50-day simple moving average of $547.91 and a two-hundred day simple moving average of $539.08. The company has a market cap of $35.34 billion, a P/E ratio of 30.98, a P/E/G ratio of 2.58 and a beta of 1.06.
MSCI Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 17th will be paid a dividend of $1.60 per share. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $6.40 annualized dividend and a dividend yield of 1.43%. MSCI’s payout ratio is 44.44%.
Analyst Ratings Changes
Get Our Latest Stock Report on MSCI
About MSCI
MSCI Inc, together with its subsidiaries, provides critical decision support tools and solutions for the investment community to manage investment processes worldwide. The Index segment provides indexes for use in various areas of the investment process, including indexed financial product, such as ETFs, mutual funds, annuities, futures, options, structured products, and over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.
Featured Stories
- Five stocks we like better than MSCI
- Why is the Ex-Dividend Date Significant to Investors?
- GE Aerospace is Ready for Liftoff After Strong Earnings
- Conference Calls and Individual Investors
- The Bottom is in For Tesla: Read This Before Buying the Bounce
- The How and Why of Investing in Biotech Stocks
- 3 Technologies to Challenge NAND Flash Dominance in AI
Receive News & Ratings for MSCI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MSCI and related companies with MarketBeat.com's FREE daily email newsletter.