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

Morgan Stanley Direct Lending (NYSE:MSDL) is expected to be announcing its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.63 per share and revenue of $107.04 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Morgan Stanley Direct Lending Trading Up 0.1 %

NYSE:MSDL opened at $20.99 on Thursday. The stock’s 50 day moving average price is $20.92 and its 200 day moving average price is $20.44. Morgan Stanley Direct Lending has a 52 week low of $19.05 and a 52 week high of $24.18. The company has a market capitalization of $1.86 billion and a P/E ratio of 8.23. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.56 and a current ratio of 1.56.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company increased their price objective on Morgan Stanley Direct Lending from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 29th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” 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.