Moelis & Co (MC) Receives Daily News Sentiment Score of 0.21
News coverage about Moelis & Co (NYSE:MC) has trended somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Moelis & Co earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave press coverage about the asset manager an impact score of 45.8851453607208 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern’s analysis:
- Morgan Stanley Boosts Moelis & Co (MC) Price Target to $60.00 (americanbankingnews.com)
- $0.59 EPS Expected for Moelis & Co (MC) This Quarter (americanbankingnews.com)
- Moelis & Co (MC) Increases Dividend to $0.47 Per Share (americanbankingnews.com)
- Moelis & Co (MC) Issues Quarterly Earnings Results (americanbankingnews.com)
- Moelis & Co (MC) Price Target Raised to $55.00 (americanbankingnews.com)
MC has been the subject of a number of recent analyst reports. Morgan Stanley lifted their target price on shares of Moelis & Co from $49.00 to $60.00 and gave the stock an “overweight” rating in a research note on Friday. Zacks Investment Research upgraded shares of Moelis & Co from a “hold” rating to a “buy” rating and set a $53.00 target price for the company in a research note on Wednesday, November 29th. ValuEngine upgraded shares of Moelis & Co from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. UBS Group lifted their target price on shares of Moelis & Co from $42.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Finally, JMP Securities lifted their target price on shares of Moelis & Co from $44.00 to $47.00 and gave the stock a “market outperform” rating in a research note on Thursday, October 26th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. Moelis & Co currently has a consensus rating of “Buy” and an average target price of $50.17.
Moelis & Co (NYSE:MC) last released its earnings results on Wednesday, February 7th. The asset manager reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.10. The company had revenue of $169.17 million during the quarter, compared to analysts’ expectations of $160.22 million. Moelis & Co had a net margin of 4.29% and a return on equity of 48.98%. Moelis & Co’s revenue for the quarter was down 17.3% on a year-over-year basis. During the same period last year, the business earned $0.66 EPS. research analysts expect that Moelis & Co will post 2.68 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 7th. Investors of record on Tuesday, February 20th will be paid a $0.47 dividend. The ex-dividend date is Friday, February 16th. This is a boost from Moelis & Co’s previous quarterly dividend of $0.37. This represents a $1.88 dividend on an annualized basis and a yield of 3.61%. Moelis & Co’s dividend payout ratio (DPR) is 187.34%.
Moelis & Co Company Profile
Moelis & Company is an investment banking advisory company. The Company provides strategic and financial advice to a client base, including corporations, governments and financial sponsors. The Company offers financial advisory services across various industry sectors. It advices its clients on decisions, including mergers and acquisitions (M&A), recapitalizations and restructurings, and other corporate finance matters.
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