|Bid||0.00 x 137000|
|Ask||0.00 x 10000|
|Day's range||42.59 - 42.97|
|52-week range||26.40 - 52.37|
|Beta (5Y monthly)||1.48|
|PE ratio (TTM)||8.93|
|Forward dividend & yield||1.30 (3.01%)|
|Ex-dividend date||29 Apr 2020|
|1y target est||N/A|
Morgan Stanley Family Office Resources today announced the launch of a new Single Family Office Best Practices report. In response to the ten-fold increase in the number of family offices since 2008, the report provides a broad discussion of best practices that address the key questions Morgan Stanley single family office clients raise most often. The report was conducted by the Firm’s Single Family Office Advisory team in collaboration with Morgan Stanley Wealth Management professionals, including the Family Office Resources team, single family office executives, and the network of preferred providers in the Morgan Stanley Signature Access program.
On June 25, 2020, the Board of Governors of the Federal Reserve System released its CCAR 2020 results and notified Morgan Stanley (NYSE: MS) that it will be subject to a Stress Capital Buffer (SCB) of 5.9% from October 1, 2020 to September 30, 2021. Together with other features of the regulatory capital framework, this SCB results in an aggregate U.S. Basel III Standardized Approach Common Equity Tier 1 (CET1) ratio of 13.4%. The Firm’s U.S. Basel III Standardized Approach CET1 ratio was 15.7% as of March 31, 2020.
Morgan Stanley (NYSE: MS) is pleased to announce $10 million in grants to support the National Urban League (NUL) and expand a number of critical initiatives in communities where the Urban League operates. The funds will support the following initiatives:
Morgan Stanley, TruFund Financial Services and the Ford Foundation today announced the launch of the Impact Developers Fund. The $26 million fund will provide much needed capital to emerging impact businesses that lack access to adequate affordable capital, including minority and women owned real estate development companies, expanding their capacity to build, own and operate quality affordable housing and to provide value-adding social services to enhance residents’ quality of life. The fund will also provide custom capital solutions, including debt and equity, tailored to the needs and capacity of the business.
Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues:
Morgan Stanley (NYSE:MS) today announced $10 million in grants to Minority Depository Institutions (MDIs) including Industrial Bank of Washington, D.C., and Citizens Trust Bank of Atlanta, GA. These grants of $5 million to each MDI will allow the banks to bolster loan loss reserves to help weather the economic impact of COVID-19 in the wake of the pandemic. In addition, the grants will help the banks assist small businesses that were affected by COVID-19, particularly those that did not receive federal relief loans, and will support additional investments into technology systems to improve delivery of customer, mortgage and business lending services.
In response to protests across the country and around the world in the wake of the killing of George Floyd, Morgan Stanley has announced a contribution of $5 million to the NAACP Legal Defense and Education Fund (LDF) to support its work in fighting for racial justice and will match the donations of all U.S. employees to the organization.
Morgan Stanley today announced it will make an investment of $10 million to support the New York Forward Loan Fund, part of Governor Andrew M. Cuomo’s initiative to reinvigorate New York’s small businesses and critical non-profits. The New York Forward Loan Fund will provide sustainable capital to Community Development Financial Institution’s (CDFI) to make low cost recovery loans in communities hard hit by the COVID-19 health and economic crisis.
James Gorman, Chairman and Chief Executive Officer of Morgan Stanley, will speak at the Annual Morgan Stanley U.S. Financials Conference which will be held in a virtual format on Tuesday, June 9, 2020 at 12:00 p.m. (ET).
A majority of asset owners globally actively integrate ESG factors into their investment process, according to a new survey published today by the Morgan Stanley Institute for Sustainable Investing and Morgan Stanley Investment Management. The new survey polled 110 public and corporate pensions, endowments, foundations, sovereign wealth entities, insurance companies and other large asset owners worldwide, 92% of which had total assets over $1 billion. The survey gathered insights about trends, motivations, challenges and implementation approaches in sustainable investing. This work builds on the Institute’s extensive body of research tracking sustainable investing trends over the last six years through its Sustainable Signals survey series focused on individual investors, asset owners and asset managers.
Morgan Stanley announced today the Firm will launch the Morgan Stanley National Advisory 529 Plan, the industry’s first advisory 529 Plan, which strategically aligns with the Firm’s goals-based investing approach to help families save and invest for future education expenses. Morgan Stanley has contracted with the North Carolina State Education Assistance Authority (NCSEAA) to sponsor the Plan. The Morgan Stanley National Advisory 529 Plan will be offered exclusively through Morgan Stanley Wealth Management Financial Advisors to their clients in North Carolina and nationally, and is expected to be available in the Fall.
Morgan Stanley today announced its plan to launch Morgan Stanley Wealth Management Canada, a full-service wealth management offering to complement the existing Shareworks by Morgan Stanley stock plan administrative services it provides to executives and employees who reside in Canada (subject to regulatory approval). Morgan Stanley has selected Canaccord Genuity as its local platform provider to support the deployment of this new business.
Morgan Stanley Bank, N.A., a national bank subsidiary of Morgan Stanley (NYSE: MS), has been recognized with the highest rating from the Office of the Comptroller of the Currency (OCC) for its work meeting the credit needs of the communities it serves. The Firm received a rating of "Outstanding" for the Bank’s community reinvestment activities for the sixth consecutive time, and the fourth since being examined by the OCC.
Alternative Investment Partners Private Markets (AIP Private Markets), part of Morgan Stanley Investment Management, today announced it has built upon its $800 million impact investing platform by closing on a fund which will focus on climate solutions. The $110 million fund seeks to address critical climate issues including global warming and pollution, depleting resources and eco diversity. This globally diversified private markets offering was launched in a first of its kind collaboration with the U.S. congregations of Dominican Sisters to find investment solutions which focus on climate change and aiding marginalized communities that are disproportionately impacted by global warming.
Morgan Stanley (NYSE:MS) today announced an additional $15 million in grants to support the ongoing relief efforts to the global COVID-19 crisis. Building upon the Firm’s previously announced COVID-19 relief commitment of $10 million, this new grant will support organizations that are fighting hunger as well as organizations focused on disease control, caring for the sick, and financial support for those most vulnerable in our communities who are struggling with the economic loss.
KlaymanToskes ("KT"), http://www.klaymantoskes.com, announces an investigation on behalf of investors with Morgan Stanley (NYSE:MS) accounts who sustained losses from investments in the Energy Sector, High Yield Debt, and investments tied to the Alerian MLP Index, including Master Limited Partnerships ("MLPs"), Exchange Traded Funds ("ETFs"), Exchange Traded Notes ("ETNs"), and Business Development Companies ("BDCs"). These investments may have been marketed and sold to customers who were risk averse, such as retirees or other conservative investors, that were seeking income and capital preservation and were not explained the potential risks.
Morgan Stanley’s Institute for Sustainable Investing and Northwestern University’s Kellogg School of Management today announced that the Refugee ETF team was named the winner of the 2020 Kellogg-Morgan Stanley Sustainable Investing Challenge. The team was one of 12 finalists competing in the digital Challenge on Friday, April 17th.
Morgan Stanley (NYSE:MS) today announced that due to public health concerns resulting from the coronavirus (COVID-19) pandemic and in light of the guidance from local, state and federal governments, the location of its Annual Meeting of Shareholders ("Annual Meeting"), to be held on May 21, 2020, at 10:00 a.m. Eastern Daylight Time, has been changed to a virtual meeting format only, via audio webcast, and will not be held at a physical location ("Virtual Annual Meeting").
Morgan Stanley (NYSE: MS) today reported net revenues of $9.5 billion for the first quarter ended March 31, 2020 compared with $10.3 billion a year ago. Net income applicable to Morgan Stanley was $1.7 billion, or $1.01 per diluted share,1 compared with net income of $2.4 billion, or $1.39 per diluted share,1 for the same period a year ago.
Morgan Stanley (NYSE: MS) will announce its first quarter 2020 financial results on Thursday, April 16, 2020, at approximately 7:15 a.m. (ET). A conference call to discuss the results will be held on April 16, 2020, at 8:30 a.m. (ET).
Morgan Stanley (NYSE:MS) today announced the fourth cohort of the Multicultural Innovation Lab, an accelerator program for technology and technology-enabled start-ups in the post-seed to Series B funding rounds. The program, now in its fourth year and with 32 total participating companies, targets start-ups with a multicultural or woman founder, co-founder, CTO or other C-suite member that is developing innovative solutions across sectors. Following three successful years that resulted in company acquisitions and additional funding rounds, the Lab will make investments in these early stage high growth companies and will support the founders’ growth and development through its ecosystem of internal and external partners.
KlaymanToskes ("KT"), www.klaymantoskes.com, announced today that it is investigating damages sustained by investors with Morgan Stanley (NYSE:MS) accounts who were forced to sell securities due to margin calls. The investigation focuses on Morgan Stanley’s potential negligence and mismanagement of leveraged accounts. Recently, investors quickly saw the major stock indices lose significant value after closing on Friday, February 21, 2020, at near 52-week highs. The market volatility has been precipitated by COVID-19. Many investment portfolios, like the stock indices, have also seen tremendous declines, leaving leveraged accounts especially at risk of margin calls.
Morgan Stanley (NYSE:MS) today announced a grant to support the Child Mind Institute’s multi-channel COVID-19 response initiative, which will broadly distribute clinical expertise and evidence-based best practices in mental health to bring critical resources to parents and caregivers during this time. The Child Mind Institute is a national nonprofit organization dedicated to transforming the lives of children and families struggling with mental health and learning disorders, and a founding member of the Morgan Staley Alliance for Children’s Mental Health.
Headline of release should read: Morgan Stanley Announces $10 Million Cash Commitment to Support Coronavirus Relief Efforts (instead of Morgan Stanley Launches Eagles for Impact Challenge at THE PLAYERS 2017).