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

Morgan Stanley Direct Lending (NYSE:MSDL) will announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.63 per share for the quarter.

Morgan Stanley Direct Lending (NYSE:MSDL) last released its quarterly earnings results on Friday, March 1st. The company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.01. The firm had revenue of $100.80 million for the quarter, compared to analyst estimates of $97.34 million. Morgan Stanley Direct Lending had a net margin of 62.81% and a return on equity of 13.08%. On average, analysts expect Morgan Stanley Direct Lending to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Morgan Stanley Direct Lending Trading Down 2.4 %

NYSE MSDL opened at $22.29 on Wednesday. Morgan Stanley Direct Lending has a 1-year low of $19.05 and a 1-year high of $22.97. The business’s 50 day moving average price is $21.48. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $1.98 billion and a price-to-earnings ratio of 7.12.

Morgan Stanley Direct Lending Cuts Dividend

The firm also recently declared a — dividend, which will be paid on Friday, January 24th. Investors of record on Monday, November 4th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Monday, November 4th. This represents a dividend yield of 10.1%. Morgan Stanley Direct Lending’s dividend payout ratio is 63.90%.

Analysts Set New Price Targets

Several research analysts have issued reports on MSDL shares. UBS Group assumed coverage on Morgan Stanley Direct Lending in a report on Tuesday, February 20th. They set a “buy” rating and a $23.50 price objective on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $21.00 price objective on shares of Morgan Stanley Direct Lending in a report on Monday, March 4th. Raymond James began coverage on Morgan Stanley Direct Lending in a report on Tuesday, February 20th. They set an “outperform” rating and a $22.00 target price on the stock. Keefe, Bruyette & Woods assumed coverage on shares of Morgan Stanley Direct Lending in a research note on Tuesday, February 20th. They set a “market perform” rating and a $21.00 price objective on the stock. Finally, Wells Fargo & Company initiated coverage on shares of Morgan Stanley Direct Lending in a research note on Tuesday, February 20th. They issued an “equal weight” rating and a $21.00 target price for the company. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $21.58.

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.